XML 48 R38.htm IDEA: XBRL DOCUMENT v3.23.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Selected Financial Information

Selected financial information about the Company’s operations, by segment, is as follows:

For the three months ended March 31, 2023:

(in millions)		Revenues				Income (loss) before income taxes				Depreciation and amortization				Capital expenditures
Title Insurance and Services		$	1,348.6			$	88.2			$	44.2			$	66.3
Home Warranty			103.7				15.9				1.3				1.2
Corporate and Eliminations			(6.2	)			(44.5	)			—				—
		$	1,446.1			$	59.6			$	45.5			$	67.5

(in millions)		Direct premiums and escrow fees				Agent premiums				Information and other				Net investment income				Net investment gains (losses)				Total Revenues
Title Insurance and Services		$	405.6			$	590.4			$	221.5			$	124.6			$	6.5			$	1,348.6
Home Warranty			96.6				—				5.5				1.4				0.2				103.7
Corporate and Eliminations			—				—				(0.1	)			8.0				(14.1	)			(6.2	)
		$	502.2			$	590.4			$	226.9			$	134.0			$	(7.4	)		$	1,446.1

For the three months ended March 31, 2022:

(in millions)		Revenues				Income (loss) before income taxes				Depreciation and amortization				Capital expenditures
Title Insurance and Services		$	1,997.3			$	219.5			$	39.7			$	48.8
Home Warranty			103.4				15.9				1.3				0.8
Corporate and Eliminations			(67.0	)			(105.6	)			—				—
		$	2,033.7			$	129.8			$	41.0			$	49.6

(in millions)		Direct premiums and escrow fees				Agent premiums				Information and other				Net investment income (losses)				Net investment gains (losses)				Total Revenues
Title Insurance and Services		$	665.9			$	947.8			$	301.2			$	52.7			$	29.7			$	1,997.3
Home Warranty			101.1				—				2.8				1.0				(1.5	)			103.4
Corporate and Eliminations			7.2				—				4.1				(7.5	)			(70.8	)			(67.0	)
		$	774.2			$	947.8			$	308.1			$	46.2			$	(42.6	)		$	2,033.7

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration