Segment information

3 Months Ended

Mar. 31, 2013

Segment information

NOTE 8

Segment information. Subsequent to the appointment of a new Chief Executive Officer, the Company reorganized the senior management team and updated its long-term business strategy in fiscal 2012. As a result of these events, the Company revised its reportable operating segments effective with fourth quarter 2012 reporting to align with the current management of the business. Segment information for prior periods presented has been restated. The Company’s three reportable operating segments are title insurance and related services (title), mortgage services and corporate.

Selected statement of operations and comprehensive earnings (loss) information related to these segments follows:

	For the Three Months Ended March,
	2013			2012
	($000 omitted)
Revenues:
Title		381,311			342,906
Mortgage services		42,297			37,792
Corporate		106			4,289
		423,714			384,987
Intersegment revenues:
Title		—			—
Mortgage services		1,966			2,092
Corporate		797			690
		2,763			2,782
Depreciation and amortization:
Title		1,500			1,609
Mortgage services		968			1,049
Corporate		1,890			1,866
		4,358			4,524
Earnings (loss) before taxes and noncontrolling interests:
Title		29,950			14,416
Mortgage services		10,207			7,966
Corporate		(33,010	)		(30,314	)
		7,147			(7,932	)

The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Revenues generated in the United States and all international operations follows:

	For the Three Months Ended March 31,
	2013		2012
	($000 omitted)
United States		402,941		362,226
International		20,773		22,761
		423,714		384,987