2017 Q1 Form 10-K Financial Statement

#000156459017001755 Filed on February 17, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2016
Revenue $1.317B $1.504B $5.576B
YoY Change 9.6% 10.88% 7.74%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $415.1M $517.5M $1.757B
YoY Change 8.47% 17.77% 10.14%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.10M $28.10M $99.00M
YoY Change 34.38% 26.58% 15.65%
% of Gross Profit
Operating Expenses $1.224B $1.414B $5.066B
YoY Change 9.49% 14.72% 7.48%
Operating Profit
YoY Change
Interest Expense -$8.700M -$8.800M $32.21M
YoY Change -211.55% 20.55% -210.7%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $83.88M $81.45M $477.6M
YoY Change 10.96% -30.26% 10.36%
Income Tax $25.80M $500.0K $134.1M
% Of Pretax Income 30.76% 0.61% 28.08%
Net Earnings $58.28M $81.02M $343.0M
YoY Change 11.01% -0.66% 19.06%
Net Earnings / Revenue 4.43% 5.39% 6.15%
Basic Earnings Per Share $0.52 $0.73 $3.10
Diluted Earnings Per Share $0.52 $0.73 $3.09
COMMON SHARES
Basic Shares Outstanding 110.0M 109.8M 110.5M
Diluted Shares Outstanding 111.2M

Balance Sheet

Concept 2017 Q1 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.047B $1.006B $1.006B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $429.0M $434.1M $434.0M
YoY Change 4.54% 5.87% 5.85%
Goodwill $1.017B
YoY Change 5.5%
Intangibles
YoY Change
Long-Term Investments $5.183B $102.9M $5.141B
YoY Change 7.09% -5.2% 7.33%
Other Assets $20.00M $20.00M $20.00M
YoY Change -9.09% -9.09% -9.09%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $8.874B $8.832B $8.832B
YoY Change 7.19% 7.22% 7.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $676.0M $794.0M
YoY Change -11.17% -9.36%
Accrued Expenses $194.0M
YoY Change 7.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $706.0M $804.0M $264.0M
YoY Change -9.6% -9.05% 8.2%
LONG-TERM LIABILITIES
Long-Term Debt $736.0M $737.0M $737.0M
YoY Change 26.9% 26.85% 26.85%
Other Long-Term Liabilities $217.0M $229.0M $770.0M
YoY Change 10.15% 10.1% -9.09%
Total Long-Term Liabilities $953.0M $966.0M $1.507B
YoY Change 22.65% 22.43% 5.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $706.0M $804.0M $264.0M
Total Long-Term Liabilities $953.0M $966.0M $1.507B
Total Liabilities $5.802B $5.817B $5.824B
YoY Change 6.73% 6.09% 6.14%
SHAREHOLDERS EQUITY
Retained Earnings $1.047B
YoY Change 24.9%
Common Stock $2.192B
YoY Change 1.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.072B $3.008B $3.008B
YoY Change
Total Liabilities & Shareholders Equity $8.874B $8.832B $8.832B
YoY Change 7.19% 7.22% 7.22%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2016
OPERATING ACTIVITIES
Net Income $58.28M $81.02M $343.0M
YoY Change 11.01% -0.66% 19.06%
Depreciation, Depletion And Amortization $30.10M $28.10M $99.00M
YoY Change 34.38% 26.58% 15.65%
Cash From Operating Activities $6.100M $237.2M $489.4M
YoY Change -110.82% 19.14% -11.23%
INVESTING ACTIVITIES
Capital Expenditures -$29.90M -$28.60M -$132.3M
YoY Change 0.0% -9.78% 6.95%
Acquisitions
YoY Change
Other Investing Activities $6.200M -$165.7M -$477.9M
YoY Change 1.64% 80.5% -43.82%
Cash From Investing Activities -$23.70M -$194.1M -$610.1M
YoY Change -0.42% 57.17% -37.38%
FINANCING ACTIVITIES
Cash Dividend Paid $37.50M $131.5M
YoY Change 31.98% 21.21%
Common Stock Issuance & Retirement, Net $0.00 $454.0K
YoY Change -100.0%
Debt Paid & Issued, Net $1.323M $5.171M
YoY Change 28.7% -1.39%
Cash From Financing Activities 57.70M -475.4M 106.8M
YoY Change 112.92% -934.04% -59.91%
NET CHANGE
Cash From Operating Activities 6.100M 237.2M 489.4M
Cash From Investing Activities -23.70M -194.1M -610.1M
Cash From Financing Activities 57.70M -475.4M 106.8M
Net Change In Cash 40.10M -432.3M -21.18M
YoY Change -175.52% -426.02% -86.48%
FREE CASH FLOW
Cash From Operating Activities $6.100M $237.2M $489.4M
Capital Expenditures -$29.90M -$28.60M -$132.3M
Free Cash Flow $36.00M $265.8M $621.7M
YoY Change -235.85% 15.16% -7.89%

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CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2015 us-gaap Stock Issued During Period Shares Share Based Compensation
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741000
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CY2016 us-gaap Stock Issued During Period Shares Share Based Compensation
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860000
CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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17601000
CY2014 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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45872000
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
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9950000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-15003000
CY2016 us-gaap Increase Decrease In Deferred Revenue
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21534000
CY2015 us-gaap Increase Decrease In Deferred Revenue
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5519000
CY2015 us-gaap Payments To Acquire Productive Assets
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CY2014 us-gaap Payments To Acquire Productive Assets
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97222000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17099000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12058000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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0
CY2014 us-gaap Proceeds From Debt Net Of Issuance Costs
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CY2015 us-gaap Repayments Of Long Term Debt
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-1029000
CY2015 us-gaap Proceeds From Payments To Minority Shareholders
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-741000
CY2014 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
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CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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9526000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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6856000
CY2016 faf Proceeds Payments Related To Shares Issued In Connection With Restricted Stock Unit Option And Benefit Plans
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1104000
CY2015 faf Proceeds Payments Related To Shares Issued In Connection With Restricted Stock Unit Option And Benefit Plans
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5042000
CY2014 faf Proceeds Payments Related To Shares Issued In Connection With Restricted Stock Unit Option And Benefit Plans
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3601000
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454000
CY2015 us-gaap Payments For Repurchase Of Common Stock
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0
CY2014 us-gaap Payments For Repurchase Of Common Stock
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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266360000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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837060000
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-7238000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-6022000
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-5762000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-21183000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-162759000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
355243000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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1190080000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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InterestPaid
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InterestPaid
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CY2014 us-gaap Interest Paid
InterestPaid
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CY2016 faf Cash Paid For Premium Taxes
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CY2015 faf Cash Paid For Premium Taxes
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57367000
CY2014 faf Cash Paid For Premium Taxes
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CY2016 us-gaap Proceeds From Income Tax Refunds
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4055000
CY2015 us-gaap Proceeds From Income Tax Refunds
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2546000
CY2014 us-gaap Proceeds From Income Tax Refunds
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13925000
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89062000
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
72028000
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;margin-left:2.43%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.86%;">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the statements. Actual results could differ from the estimates and assumptions used. </p></div>
CY2016 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Pending Accounting Pronouncements: </p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.86%;">In November 2016, the FASB issued updated guidance intended to reduce the diversity in practice on presenting restricted cash or restricted cash equivalents in the statement of cash flows.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted.&nbsp;&nbsp;The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2016, the FASB issued updated guidance to amend the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that variable interest entity.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted.&nbsp;&nbsp;The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2016, the FASB issued updated guidance intended to simplify and improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory.&nbsp;&nbsp;The updated guidance, which eliminates the intra-entity transfers exception, requires entities to recognize the income tax consequences of intra-entity transfers of assets, other than inventory, when the transfers occur.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted.&nbsp;&nbsp;The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2016, the FASB issued updated guidance intended to eliminate the diversity in practice regarding the presentation and classification of certain cash receipts and cash payments in the statement of cash flows.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15, 2017, with early adoption permitted.&nbsp;&nbsp;The Company does not expect the adoption of this guidance to have a material impact on its consolidated statements of cash flows.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2016, the FASB issued updated guidance intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date.&nbsp;&nbsp;The updated guidance replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires the consideration of a broader range of reasonable and supportable information to inform credit loss estimates.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15, 2019, with early adoption permitted.&nbsp;&nbsp;The Company is currently assessing the impact of the new guidance on its consolidated financial statements.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2016, the FASB issued updated guidance intended to simplify and improve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of such awards as either equity or liabilities and classification on the statement of cash flows.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted.&nbsp;&nbsp;The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2016, the FASB issued updated guidance intended to simplify the accounting treatment for investments that become qualified for the equity method of accounting as a result of an increase in the level of ownership interest or degree of influence.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted.&nbsp;&nbsp;The Company expects the adoption of this guidance to have no impact on its consolidated financial statements.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2016, the FASB issued updated guidance that requires the rights and obligations associated with leasing arrangements be reflected on the balance sheet in order to increase transparency and comparability among organizations. Under the updated guidance, lessees will be required to recognize a right-of-use asset and a liability to make lease payments and disclose key information about leasing arrangements. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted.&nbsp;&nbsp;While the Company is currently evaluating the impact the new guidance will have on its consolidated financial statements, the Company expects the adoption of the new guidance will result in a material increase in the assets and liabilities on its consolidated balance sheets and will likely have an insignificant impact on its consolidated statements of income and statements of cash flows.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In January 2016, the FASB issued updated guidance intended to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information.&nbsp;&nbsp;In addition to making other targeted improvements to current guidance, the updated guidance also requires all equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, to be measured at fair value with changes in the fair value recognized through net income. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted in certain circumstances. While the Company expects the adoption of this guidance to impact its consolidated statements of income, the materiality of the impact will depend upon the size of, and level of volatility experienced within, the Company&#8217;s equity portfolio.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2014, the FASB issued updated guidance for recognizing revenue from contracts with customers to provide a single, comprehensive revenue recognition model for all contracts with customers to improve comparability within and across industries, and across capital markets. The new revenue standard contains principles that an entity will apply to determine the measurement of revenue and the timing of recognition. The underlying principle is that an entity will recognize revenue to depict the transfer of goods or services to customers at an amount that the entity expects to be entitled to in exchange for those goods or services. Revenue from insurance contracts is not within the scope of this guidance. In August 2015, the FASB issued updated guidance which defers the effective date of this guidance by one year. In 2016, the FASB issued additional updates to the new guidance primarily to clarify, among other things, the implementation guidance related to principal versus agent considerations, identifying performance obligations, accounting for licenses of intellectual property, and to provide narrow-scope improvements and additional practical expedients. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption prohibited. The Company expects to adopt the new guidance under the modified retrospective approach and, based on a preliminary assessment, does not expect the new guidance to have a material impact on its consolidated financial statements. </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;">&nbsp;</p></div>
CY2015Q4 us-gaap Buildings And Improvements Gross
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259601000
CY2015Q4 us-gaap Furniture And Fixtures Gross
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205641000
CY2015Q4 us-gaap Capitalized Computer Software Gross
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499634000
CY2015Q4 us-gaap Property Plant And Equipment Gross
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993826000
CY2014 us-gaap Increase Decrease In Deferred Revenue
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CY2014 us-gaap Other Operating Activities Cash Flow Statement
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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551323000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
360637000
CY2014 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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163320000
CY2014 faf Increase Decrease In Deposits With Banks
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4211000
CY2016 us-gaap Payments To Acquire Available For Sale Securities
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2062743000
CY2015 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2123817000
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1969009000
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
731146000
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
630914000
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
928386000
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
655078000
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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373969000
CY2016 faf Net Decrease Increase In Other Investments
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2244000
CY2015 faf Net Decrease Increase In Other Investments
NetDecreaseIncreaseInOtherInvestments
1077000
CY2014 faf Net Decrease Increase In Other Investments
NetDecreaseIncreaseInOtherInvestments
8025000
CY2016 us-gaap Proceeds From Sale Of Loans Receivable
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0
CY2015 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
0
CY2014 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
42284000
CY2016 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
0
CY2015 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
0
CY2014 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
23926000
CY2016 us-gaap Payments To Acquire Productive Assets
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132265000
CY2016 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
80463000
CY2015 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
366301000
CY2014 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
647857000
CY2016 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
160000000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
116309000
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;margin-left:2.43%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassifications, revisions and out-of-period adjustments</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.86%;">During the fourth quarter of 2016, the Company identified certain title plant assets that were no longer being used and should have been previously written off, and certain capitalized software, title plant imaging, real estate data and investments related to title plant assets that were misclassified as title plant assets.&nbsp;&nbsp;As these errors primarily related to reporting periods prior to the Company&#8217;s June 2010 spin-off from its prior parent, which subsequently assumed the name CoreLogic, Inc. (&#8220;CoreLogic&#8221;), the Company corrected for these errors by revising retained earnings at December 31, 2013, 2014 and 2015 in the consolidated statements of equity, and revising title plants and other indexes, other investments, deferred income tax liabilities and retained earnings in the consolidated balance sheet at December 31, 2015.&nbsp;&nbsp;The impact of this revision, which has been consistently applied to all periods presented, included decreases to retained earnings, title plants and other indexes and deferred income tax liabilities of $8.5&#160;million, $18.8&#160;million and $5.1&#160;million, respectively, and an increase to other investments of $5.2&#160;million.&nbsp;&nbsp; </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During 2015, the Company reclassified certain revenues and expenses related to closing protection letters and temporary labor costs and made comparable reclassifications to its consolidated statement of income for the year ended December 31, 2014. The impact to the Company&#8217;s title insurance and services segment for the year ended December 31, 2014 included a decrease to direct premiums and escrow fees and an increase to agent premiums of $25.8&#160;million, increases to personnel costs and premiums retained by agents of $23.9&#160;million and $1.2&#160;million, respectively, and a decrease to other operating expenses of $25.1&#160;million.&nbsp;&nbsp;The impact to the Company&#8217;s specialty insurance segment included an increase to personnel costs and a decrease to other operating expenses of $1.0&#160;million for the year ended December&#160;31,&#160;2014.&nbsp;&nbsp; </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Also during 2015, the Company identified certain non-risk based revenues included within direct premiums and escrow fees that should have been reflected in information and other.&nbsp;&nbsp;The Company corrected for this error by revising direct premiums and escrow fees and information and other in the consolidated statement of income for the year ended December 31, 2014.&nbsp;&nbsp;The impact of the revision to the Company&#8217;s title insurance and services segment included a decrease to direct premiums and escrow fees and an increase to information and other of $37.2&#160;million for the year ended December 31, 2014.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During 2014, the Company identified and recorded adjustments to correct for certain errors in foreign currency translation and transactions in prior periods. These adjustments resulted in an increase to other operating expenses of $5.0&#160;million.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company does not consider these adjustments to be material, individually or in the aggregate, to any previously issued consolidated financial statements.</p></div>
CY2016 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.86%;">A summary of the Company&#8217;s loss reserves is as follows: </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="bottom" style="width:27.18%; border-bottom:solid 1pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(in thousands, except percentages)</p></td> <td valign="bottom" style="width:16.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:25.78%; border-bottom:solid 1pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December&#160;31,&#160;2016</p></td> <td valign="bottom" style="width:1.84%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:25.84%; border-bottom:solid 1pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">December&#160;31,&#160;2015</p></td> <td valign="bottom" style="width:1.84%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> </tr> <tr> <td colspan="2" valign="bottom" style="width:43.68%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12pt;;text-indent:-12pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Known title claims</p></td> <td valign="bottom" style="width:1.12%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" style="width:10.82%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">83,805</p></td> <td valign="bottom" style="width:0.98%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.88%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8.1</p></td> <td valign="bottom" style="width:1.84%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1.12%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" style="width:10.86%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">87,543</p></td> <td valign="bottom" style="width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8.9</p></td> <td valign="bottom" style="width:1.84%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> <tr> <td colspan="2" valign="bottom" style="width:43.68%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12pt;;text-indent:-12pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Incurred but not reported claims</p></td> <td valign="bottom" style="width:1.12%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.82%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">888,126</p></td> <td valign="bottom" style="width:0.98%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.88%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">86.6</p></td> <td valign="bottom" style="width:1.84%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1.12%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">844,364</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">85.8</p></td> <td valign="bottom" style="width:1.84%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> <tr> <td colspan="2" valign="bottom" style="width:43.68%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12pt;;text-indent:-12pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total title claims</p></td> <td valign="bottom" style="width:1.12%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.82%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">971,931</p></td> <td valign="bottom" style="width:0.98%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.88%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">94.7</p></td> <td valign="bottom" style="width:1.84%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1.12%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">931,907</p></td> <td valign="bottom" style="width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">94.7</p></td> <td valign="bottom" style="width:1.84%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> <tr> <td colspan="2" valign="bottom" style="width:43.68%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12pt;;text-indent:-12pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Non-title claims</p></td> <td valign="bottom" style="width:1.12%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.82%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">53,932</p></td> <td valign="bottom" style="width:0.98%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.88%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.3</p></td> <td valign="bottom" style="width:1.84%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1.12%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">51,973</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.3</p></td> <td valign="bottom" style="width:1.84%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> <tr> <td colspan="2" valign="bottom" style="width:43.68%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12pt;;text-indent:-12pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total loss reserves</p></td> <td valign="bottom" style="width:1.12%; border-bottom:double 2.5pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" style="width:10.82%; border-bottom:double 2.5pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,025,863</p></td> <td valign="bottom" style="width:0.98%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.88%; border-bottom:double 2.5pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">100.0</p></td> <td valign="bottom" style="width:1.84%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1.12%; border-bottom:double 2.5pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" style="width:10.86%; border-bottom:double 2.5pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">983,880</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="bottom" style="width:10.86%; border-bottom:double 2.5pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">100.0</p></td> <td valign="bottom" style="width:1.84%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div>
CY2016 faf Number Of States That Permit Issuance Of Title Insurance Policies
NumberOfStatesThatPermitIssuanceOfTitleInsurancePolicies
49
CY2016 faf Number Of States Licensed To Issue Property And Casualty Insurance Policies
NumberOfStatesLicensedToIssuePropertyAndCasualtyInsurancePolicies
50
CY2016 faf Number Of States That Issue Property And Casualty Policies
NumberOfStatesThatIssuePropertyAndCasualtyPolicies
47
CY2016 faf Number Of States That Issue Home Warranty Contracts
NumberOfStatesThatIssueHomeWarrantyContracts
39
CY2016Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
110600000
CY2015Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
122400000
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
500000
CY2015 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
2200000
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
1700000
CY2016 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2015 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
2000000
CY2014 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
22500000
CY2016 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
5200000
CY2015 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
10900000
CY2014 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
1200000
CY2016Q4 faf Title Plants
TitlePlants
529200000
CY2015Q4 faf Title Plants
TitlePlants
509600000
CY2016Q4 faf Capitalized Real Estate Data
CapitalizedRealEstateData
35100000
CY2015Q4 faf Capitalized Real Estate Data
CapitalizedRealEstateData
26500000
CY2016 faf Goodwill Impairment Threshold Percentage
GoodwillImpairmentThresholdPercentage
0.50
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2016 faf Long Duration Contracts Assumptions Loss Rate Volatility Percentage
LongDurationContractsAssumptionsLossRateVolatilityPercentage
0.0050
CY2016Q4 faf Long Duration Contracts Assumptions Loss Rate Volatility Amount
LongDurationContractsAssumptionsLossRateVolatilityAmount
110100000
CY2016 faf Premiums Assumed And Ceded In Connection With Reinsurance Percentage Of Premium And Escrow Fees
PremiumsAssumedAndCededInConnectionWithReinsurancePercentageOfPremiumAndEscrowFees
0.010
CY2015 faf Premiums Assumed And Ceded In Connection With Reinsurance Percentage Of Premium And Escrow Fees
PremiumsAssumedAndCededInConnectionWithReinsurancePercentageOfPremiumAndEscrowFees
0.010
CY2014 faf Premiums Assumed And Ceded In Connection With Reinsurance Percentage Of Premium And Escrow Fees
PremiumsAssumedAndCededInConnectionWithReinsurancePercentageOfPremiumAndEscrowFees
0.010
CY2016Q4 us-gaap Escrow Deposit
EscrowDeposit
6800000000
CY2015Q4 us-gaap Escrow Deposit
EscrowDeposit
6600000000
CY2016Q4 faf Like Kind Exchange Funds
LikeKindExchangeFunds
2000000000
CY2015Q4 faf Like Kind Exchange Funds
LikeKindExchangeFunds
2800000000
CY2016Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
125800000
CY2015Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
127100000
CY2016Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
761800000
CY2016Q4 us-gaap State Insurance Department Statutory To Naic Amount Of Reconciling Item
StateInsuranceDepartmentStatutoryToNAICAmountOfReconcilingItem
69600000
CY2015Q4 us-gaap State Insurance Department Statutory To Naic Amount Of Reconciling Item
StateInsuranceDepartmentStatutoryToNAICAmountOfReconcilingItem
61700000
CY2016Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4603021000
CY2015Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4290864000
CY2016Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
21802000
CY2015Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
25745000
CY2016Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
71460000
CY2015Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
37262000
CY2016Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
386095000
CY2015Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
325734000
CY2016Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
26034000
CY2015Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
13523000
CY2016Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8044000
CY2015Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
17972000
CY2016 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
30700000
CY2015 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
8700000
CY2014 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
34100000
CY2016 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
9700000
CY2015 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
10000000
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
9100000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2596677000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2195994000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
63300000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
40894000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
540830000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
303099000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
16204000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
14340000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
3137507000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
2499093000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
79504000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
55234000
CY2016Q4 faf Percentage Of Investment Portfolio Grade By Rating Agencies
PercentageOfInvestmentPortfolioGradeByRatingAgencies
1.000
CY2016Q4 faf Percentage Of Investments In Unrealized Loss Position
PercentageOfInvestmentsInUnrealizedLossPosition
1.000
CY2016Q4 us-gaap Land
Land
27312000
CY2015Q4 us-gaap Land
Land
28950000
CY2016Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
253954000
CY2016Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
232104000
CY2016Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
558922000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1072292000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
638242000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
583853000
CY2014Q4 us-gaap Goodwill
Goodwill
959945000
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13430000
CY2015 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-9033000
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
53564000
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-489000
CY2016Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
118298000
CY2015Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
93572000
CY2016Q4 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
30332000
CY2015Q4 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
26963000
CY2016Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
10097000
CY2015Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
9341000
CY2016Q4 faf Finite Lived Internal Use Software Licenses
FiniteLivedInternalUseSoftwareLicenses
16580000
CY2015Q4 faf Finite Lived Internal Use Software Licenses
FiniteLivedInternalUseSoftwareLicenses
0
CY2016Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2840000
CY2015Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2840000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
178147000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
132716000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
116133000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
101479000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
62014000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31237000
CY2016Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
16884000
CY2015Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
16877000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15400000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9300000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12600000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
19370000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9928000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7296000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4944000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3148000
CY2016Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1961488000
CY2015Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2084926000
CY2016Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
673944000
CY2015Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
494077000
CY2016Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
2635432000
CY2015Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
2579003000
CY2016Q4 faf Business Checking And Other Deposits
BusinessCheckingAndOtherDeposits
144046000
CY2015Q4 faf Business Checking And Other Deposits
BusinessCheckingAndOtherDeposits
120012000
CY2016Q4 faf Weighted Average Interest Rates On Escrow Accounts
WeightedAverageInterestRatesOnEscrowAccounts
0.0010
CY2015Q4 faf Weighted Average Interest Rates On Escrow Accounts
WeightedAverageInterestRatesOnEscrowAccounts
0.0010
CY2014Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1011780000
CY2013Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1018365000
CY2016 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
441228000
CY2015 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
395459000
CY2014 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
383181000
CY2016 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
47373000
CY2015 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
95633000
CY2014 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
66842000
CY2016 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
223735000
CY2015 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
209845000
CY2014 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
196656000
CY2016 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
239264000
CY2015 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
266647000
CY2014 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
273094000
CY2016 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
462999000
CY2015 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
476492000
CY2014 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
469750000
CY2016 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
16381000
CY2015 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
-42500000
CY2014 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
13142000
CY2015 us-gaap Reinsurance Costs And Recoveries Net
ReinsuranceCostsAndRecoveriesNet
23800000
CY2016 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.055
CY2015 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.066
CY2014 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.071
CY2016 faf Ultimate Loss Rate Percentage
UltimateLossRatePercentage
0.045
CY2016 faf Increase In Loss Reserve Estimates For Prior Policy Years
IncreaseInLossReserveEstimatesForPriorPolicyYears
42600000
CY2016 faf Ultimate Loss In Excess
UltimateLossInExcess
2500000
CY2016Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
888126000
CY2016Q4 faf Ibnr Reserve Amount Above Estimated Range Limit Maximum
IBNRReserveAmountAboveEstimatedRangeLimitMaximum
50200000
CY2016Q4 faf Ibnr Reserve Amount Below Estimated Range Limit Minimum
IBNRReserveAmountBelowEstimatedRangeLimitMinimum
169600000
CY2014 faf Ultimate Loss Rate Percentage
UltimateLossRatePercentage
0.053
CY2014 faf Increase In Loss Reserve Estimates For Prior Policy Years
IncreaseInLossReserveEstimatesForPriorPolicyYears
64100000
CY2015 faf Ultimate Loss Rate Percentage
UltimateLossRatePercentage
0.042
CY2015 faf Increase In Loss Reserve Estimates For Prior Policy Years
IncreaseInLossReserveEstimatesForPriorPolicyYears
93100000
CY2016 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.045
CY2015 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.041
CY2014 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.048
CY2016Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
83805000
CY2015Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
87543000
CY2015Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
844364000
CY2016Q4 us-gaap Liability For Title Claims And Claims Adjustment Expense
LiabilityForTitleClaimsAndClaimsAdjustmentExpense
971931000
CY2015Q4 us-gaap Liability For Title Claims And Claims Adjustment Expense
LiabilityForTitleClaimsAndClaimsAdjustmentExpense
931907000
CY2016Q4 faf Liability For Non Title Claims And Claims Adjustment Expense
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpense
53932000
CY2015Q4 faf Liability For Non Title Claims And Claims Adjustment Expense
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpense
51973000
CY2016Q4 faf Liability For Title Claims And Claims Adjustment Expense Known Claims Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseKnownClaimsPercentage
0.081
CY2015Q4 faf Liability For Title Claims And Claims Adjustment Expense Known Claims Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseKnownClaimsPercentage
0.089
CY2016Q4 faf Liability For Title Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRPercentage
0.866
CY2015Q4 faf Liability For Title Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRPercentage
0.858
CY2016Q4 faf Liability For Title Claims And Claims Adjustment Expense Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpensePercentage
0.947
CY2015Q4 faf Liability For Title Claims And Claims Adjustment Expense Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpensePercentage
0.947
CY2016Q4 faf Liability For Non Title Claims And Claims Adjustment Expense Percentage
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpensePercentage
0.053
CY2015Q4 faf Liability For Non Title Claims And Claims Adjustment Expense Percentage
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpensePercentage
0.053
CY2016Q4 faf Liability For Unpaid Claims And Claims Adjustment Expense Reported And Incurred But Not Reported Percentage
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedAndIncurredButNotReportedPercentage
1.000
CY2015Q4 faf Liability For Unpaid Claims And Claims Adjustment Expense Reported And Incurred But Not Reported Percentage
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedAndIncurredButNotReportedPercentage
1.000
CY2016Q4 us-gaap Shortduration Insurance Contracts Incurred Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet
1759835000
CY2016Q4 us-gaap Shortduration Insurance Contracts Cumulative Paid Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet
1706910000
CY2016Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net Not Separately Presented
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNetNotSeparatelyPresented
53000
CY2016Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet
52978000
CY2016Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Claims Adjustment Expense Accumulated Unallocated Claim Adjustment Expense
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense
954000
CY2016Q4 faf Liability For Unpaid Claims And Claims Adjustment Expense Excluding Short Duration Unpaid Claims And Claim Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseExcludingShortDurationUnpaidClaimsAndClaimAdjustments
972885000
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year One
ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne
0.819
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Two
ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo
0.153
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Three
ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree
0.015
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Four
ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour
0.009
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Five
ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive
0.003
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Six
ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix
0.001
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Seven
ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven
0.000
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Eight
ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight
0.000
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Nine
ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine
0.000
CY2016Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Ten
ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen
0.000
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
160000000
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2016Q4 us-gaap Secured Debt
SecuredDebt
26646000
CY2015Q4 us-gaap Secured Debt
SecuredDebt
30308000
CY2016Q4 us-gaap Other Borrowings
OtherBorrowings
4269000
CY2015Q4 us-gaap Other Borrowings
OtherBorrowings
5540000
CY2016Q4 faf Debt And Capital Lease Obligations Before Discounts Premiums Debt Issuance Costs
DebtAndCapitalLeaseObligationsBeforeDiscountsPremiumsDebtIssuanceCosts
740915000
CY2015Q4 faf Debt And Capital Lease Obligations Before Discounts Premiums Debt Issuance Costs
DebtAndCapitalLeaseObligationsBeforeDiscountsPremiumsDebtIssuanceCosts
585848000
CY2016Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
655000
CY2015Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
746000
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3567000
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4050000
CY2016Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0410
CY2015Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0451
CY2016Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0252
CY2016 faf Line Of Credit Facility Maximum Increase In Revolving Credit
LineOfCreditFacilityMaximumIncreaseInRevolvingCredit
150000000
CY2016 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
At the Company’s election, borrowings under the credit agreement bear interest at (a) the Alternate Base Rate plus the applicable spread or (b) the Adjusted LIBOR rate plus the applicable spread (in each case as defined in the agreement). The Company may select interest periods of one, two, three or six months or (if agreed to by all lenders) such other number of months for Eurodollar borrowings of loans. The applicable spread varies depending upon the debt rating assigned by Moody’s Investor Service, Inc. and/or Standard & Poor’s Rating Services. The minimum applicable spread for Alternate Base Rate borrowings is 0.625% and the maximum is 1.00%. The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.625% and the maximum is 2.00%. The rate of interest on Incremental Term Loans will be established at or about the time such loans are made and may differ from the rate of interest on revolving loans.
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4855000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4229000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
163793000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3432000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3337000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
557047000
CY2016 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
2631000
CY2015 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
1841000
CY2014 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
1213000
CY2016 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
11178000
CY2015 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
314000
CY2014 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
10488000
CY2016 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
128575000
CY2015 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
102350000
CY2014 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
71716000
CY2016 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
2441000
CY2015 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1797000
CY2014 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
675000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
416500000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
383500000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
301800000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
61100000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
49300000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
48800000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
24208000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
94036000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
87189000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1943000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3636000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4751000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10806000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10589000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
812000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
36957000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
108261000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
92752000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
91190000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
33446000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
15594000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3753000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3413000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-304000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2205000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1225000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
8303000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
97148000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
35634000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23593000
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
167153000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
151468000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
122696000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3703000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4581000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2891000
CY2016 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
-10512000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
3062000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
89726000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
105398000
CY2015 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
1094000
CY2014 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
412000
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7983000
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7111000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-6091000
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
12265000
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1710000
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2184000
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5991000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-4427000
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1379000
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2016 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
-0.022
CY2015 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
0.003
CY2014 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.017
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.016
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.017
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.026
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.004
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.006
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.011
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.004
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.281
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.333
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.332
CY2016Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
11966000
CY2015Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
11639000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
83100000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
77994000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
12704000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
14943000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
1974000
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
14358000
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15541000
CY2016Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
10664000
CY2015Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
6128000
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
4086000
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
1769000
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7557000
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7904000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
236135000
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
244378000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8049000
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6729000
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
228086000
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
237649000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
320884000
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
297721000
CY2016Q4 faf Deferred Tax Liabilities Claims
DeferredTaxLiabilitiesClaims
121812000
CY2015Q4 faf Deferred Tax Liabilities Claims
DeferredTaxLiabilitiesClaims
40901000
CY2016Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
7511000
CY2015Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
5060000
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
450207000
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
343682000
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
222121000
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
106033000
CY2016Q4 faf Net Payable To Former Parent For Spin Off Related Tax Liabilities
NetPayableToFormerParentForSpinOffRelatedTaxLiabilities
16300000
CY2015Q4 faf Net Payable To Former Parent For Spin Off Related Tax Liabilities
NetPayableToFormerParentForSpinOffRelatedTaxLiabilities
36500000
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
85200000
CY2016Q4 faf Operating Loss Carryforwards Not Subject To Expiration
OperatingLossCarryforwardsNotSubjectToExpiration
33800000
CY2016Q4 faf Operating Loss Carryforwards Subject To Expiration
OperatingLossCarryforwardsSubjectToExpiration
51400000
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18100000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
23800000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
24100000
CY2016Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
5700000
CY2015Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
3400000
CY2014Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
3400000
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12400000
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
20400000
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
20700000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
47800000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7100000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
800000
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
24100000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1400000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
500000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
400000
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4100000
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
9700000
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
8900000
CY2016 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
1800000
CY2015 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
4100000
CY2014 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
3700000
CY2016 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleOtherInformation
It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly increase or decrease within the next 12 months. This change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes.
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
321000
CY2014 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
514000
CY2016 faf Net Income Or Loss Available To Common Stockholders Basic
NetIncomeOrLossAvailableToCommonStockholdersBasic
342993000
CY2015 faf Net Income Or Loss Available To Common Stockholders Basic
NetIncomeOrLossAvailableToCommonStockholdersBasic
287765000
CY2014 faf Net Income Or Loss Available To Common Stockholders Basic
NetIncomeOrLossAvailableToCommonStockholdersBasic
233020000
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
608000
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1399000
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1804000
CY2016 faf Deferred Compensation Plan Maximum Deferral Rate
DeferredCompensationPlanMaximumDeferralRate
1.00
CY2016Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
78900000
CY2015Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
73100000
CY2016Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
82500000
CY2015Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
76300000
CY2016 faf Additional Contribution For Pension Settlement
AdditionalContributionForPensionSettlement
84800000
CY2016 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
23000000
CY2016 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
66337000
CY2016 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
127200000
CY2016 us-gaap Defined Benefit Plan Amount To Be Amortized From Accumulated Other Comprehensive Income Loss Next Fiscal Year
DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
154000000
CY2016 faf Defined Benefit Plan Average Annual Compensation Period
DefinedBenefitPlanAverageAnnualCompensationPeriod
P5Y
CY2016 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
145720000
CY2015 us-gaap Pension And Other Postretirement Benefit Expense
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1560000
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24090000
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27744000
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29180000
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21802000
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20850000
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35984000
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28079000
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35289000
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35765000
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35518000
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36132000
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0
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0
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24339000
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25900000
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20300000
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18200000
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132000
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132000
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27.66
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1187000
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1187000
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10743000
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CY2015 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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0
CY2015 us-gaap Other Comprehensive Income Loss Tax
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109000
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66337000
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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52667000
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41701000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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27595000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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59983000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
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328797000
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LeaseAndRentalExpense
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CY2014 us-gaap Lease And Rental Expense
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7100000
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8200000
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115300000
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32300000
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EquityMethodInvestments
108574000
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EquityMethodInvestments
106083000
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132346000
CY2015 us-gaap Property Plant And Equipment Additions
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127566000
CY2014 us-gaap Property Plant And Equipment Additions
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99361000
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Revenues
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Revenues
1383915000
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1356668000
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58948000
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141622000
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115396000
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116799000
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NetIncomeLossAttributableToNoncontrollingInterest
232000
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NetIncomeLossAttributableToNoncontrollingInterest
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171000
CY2015Q1 us-gaap Net Income Loss
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37632000
CY2015Q2 us-gaap Net Income Loss
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75542000
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81565000
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EarningsPerShareBasic
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EarningsPerShareBasic
0.69
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2016Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Cost
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CY2016Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Fair Value
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5140699000
CY2016Q4 us-gaap Supplementary Insurance Information Deferred Policy Acquisition Costs
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30551000
CY2015Q4 us-gaap Supplementary Insurance Information Deferred Policy Acquisition Costs
SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts
26481000
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SupplementaryInsuranceInformationOtherPolicyClaimsAndBenefitsPayable
983880000
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SupplementaryInsuranceInformationUnearnedPremiums
207929000
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SupplementaryInsuranceInformationPremiumRevenue
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SupplementaryInsuranceInformationPremiumRevenue
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SupplementaryInsuranceInformationPremiumRevenue
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94006000
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SupplementaryInsuranceInformationNetInvestmentIncome
101108000
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488601000
CY2015 us-gaap Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense
491092000
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1069000
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SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCostsNet
1868000
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853841000
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CY2016 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
426815000
CY2015 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
395978000
CY2014 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
364782000

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0001564590-17-001755-index.html Edgar Link pending
0001564590-17-001755.txt Edgar Link pending
0001564590-17-001755-xbrl.zip Edgar Link pending
faf-10k_20161231.htm Edgar Link pending
faf-20161231.xml Edgar Link completed
faf-20161231.xsd Edgar Link pending
faf-20161231_cal.xml Edgar Link unprocessable
faf-20161231_def.xml Edgar Link unprocessable
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