XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Net premiums written $ 38,966 $ 63,125
Escrow and other title-related fees 3,125 5,064
Non-title services 5,842 2,426
Interest and dividends 2,074 915
Other investment income 753 1,337
Net realized investment gains 7,233 1,747
Changes in the estimated fair value of equity security investments (6,790) (5,915)
Other 140 299
Total Revenues 51,343 68,998
Operating Expenses:    
Commissions to agents 19,326 29,857
Provision for claims 1,068 176
Personnel expenses 20,820 21,254
Office and technology expenses 4,400 4,368
Other expenses 4,168 5,550
Total Operating Expenses 49,782 61,205
Income before Income Taxes 1,561 7,793
Provision for Income Taxes 380 1,608
Net Income $ 1,181 $ 6,185
Basic Earnings per Common Share $ 0.62 $ 3.26
Weighted Average Shares Outstanding – Basic 1,897 1,896
Diluted Earnings per Common Share $ 0.62 $ 3.25
Weighted Average Shares Outstanding – Diluted 1,897 1,903