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Condensed Consolidated Statements of Operations and Comprehensive Earnings (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Title insurance:        
Direct operations $ 187,574 $ 165,841 $ 339,209 $ 305,070
Agency operations 251,139 213,829 447,460 405,638
Real estate information 40,502 22,564 72,961 53,949
Investment income 3,408 3,882 6,535 7,742
Investment and other gains (losses) - net 1,089 (1,233) 2,533 (1,101)
Total revenues 483,712 404,883 868,698 771,298
Expenses        
Amounts retained by agencies 207,014 177,301 369,562 335,748
Employee costs 131,090 116,587 259,323 234,513
Other operating expenses 70,429 64,249 135,292 123,375
Title losses and related claims 38,113 34,984 69,498 66,185
Depreciation and amortization 4,563 4,762 9,088 9,592
Interest 1,286 1,294 2,650 2,572
Total expenses 452,495 399,177 845,413 771,985
Earnings (loss) before taxes and noncontrolling interests 31,217 5,706 23,285 (687)
Income tax expense (benefit) 3,175 (1,942) 5,998 1,189
Net earnings (loss) 28,042 7,648 17,287 (1,876)
Less net earnings attributable to noncontrolling interests 3,131 1,708 4,533 2,477
Net earnings (loss) attributable to Stewart 24,911 5,940 12,754 (4,353)
Other comprehensive earnings:        
Foreign currency translation (3,973) (270) (478) 3,269
Change in unrealized gains and losses 5,246 5,775 8,773 3,361
Reclassification of adjustment for gains and losses included in net income (777) (1,391) (1,545) (1,745)
Other comprehensive earnings, before taxes 496 4,114 6,750 4,885
Income tax expense related to items of comprehensive earnings 2,292 1,734 2,292 2,895
Other comprehensive (loss) earnings, net of taxes (1,796) 2,380 4,458 1,990
Comprehensive earnings (loss) attributable to Stewart $ 23,115 $ 8,320 $ 17,212 $ (2,363)
Basic average shares outstanding (000) 19,299 19,216 19,277 19,024
Basic earnings (loss) per share attributable to Stewart $ 1.29 $ 0.31 $ 0.66 $ (0.23)
Dilutive average shares outstanding (000) 24,388 24,326 24,367 19,024
Diluted earnings (loss) per share attributable to Stewart $ 1.05 $ 0.28 $ 0.59 $ (0.23)