2018 Q4 Form 10-K Financial Statement

#000156459019003456 Filed on February 20, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 2017 Q4
Revenue $1.417B $5.748B $1.481B
YoY Change -4.33% -0.42% -1.52%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $436.5M $1.749B $439.6M
YoY Change -0.71% -7.88% -15.05%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.40M $125.9M $31.80M
YoY Change 5.03% -1.72% 13.17%
% of Gross Profit
Operating Expenses $1.287B $5.097B $1.313B
YoY Change -1.95% -3.66% -7.16%
Operating Profit
YoY Change
Interest Expense -$11.00M $40.98M -$9.200M
YoY Change 19.57% 13.87% 4.55%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $118.9M $609.5M $159.3M
YoY Change -25.37% 36.87% 95.62%
Income Tax $25.70M $133.6M $52.70M
% Of Pretax Income 21.61% 21.92% 33.07%
Net Earnings $91.65M $474.5M $221.1M
YoY Change -58.55% 12.16% 172.92%
Net Earnings / Revenue 6.47% 8.26% 14.93%
Basic Earnings Per Share $0.81 $4.21 $1.98
Diluted Earnings Per Share $0.81 $4.19 $1.96
COMMON SHARES
Basic Shares Outstanding 111.8M 112.6M
Diluted Shares Outstanding 113.3M

Balance Sheet

Concept 2018 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.467B $1.467B $1.387B
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 $457.8M $458.0M $439.6M
YoY Change 4.16% 4.09% 1.27%
Goodwill $1.144B $1.113B
YoY Change 2.8% 9.4%
Intangibles $109.4M $99.91M
YoY Change 9.47%
Long-Term Investments $54.67M $6.302B $56.58M
YoY Change -3.37% 17.18% -45.03%
Other Assets $17.00M $17.00M $23.00M
YoY Change -26.09% -26.09% 15.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $10.63B $10.63B $9.573B
YoY Change 11.05% 11.05% 8.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $779.0M $793.0M
YoY Change -1.77% -0.13%
Accrued Expenses $200.0M
YoY Change 3.09%
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 $788.0M $256.0M $798.0M
YoY Change -1.25% -4.12% -0.75%
LONG-TERM LIABILITIES
Long-Term Debt $808.0M $808.0M $733.0M
YoY Change 10.23% 10.23% -0.54%
Other Long-Term Liabilities $243.0M $775.0M $241.0M
YoY Change 0.83% 0.52% 5.24%
Total Long-Term Liabilities $1.051B $1.583B $974.0M
YoY Change 7.91% 5.25% 0.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $788.0M $256.0M $798.0M
Total Long-Term Liabilities $1.051B $1.583B $974.0M
Total Liabilities $6.885B $6.889B $6.090B
YoY Change 13.05% 13.06% 4.69%
SHAREHOLDERS EQUITY
Retained Earnings $1.644B $1.311B
YoY Change 25.4% 25.25%
Common Stock $2.258B $2.236B
YoY Change 0.98% 2.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.742B $3.742B $3.480B
YoY Change
Total Liabilities & Shareholders Equity $10.63B $10.63B $9.573B
YoY Change 11.05% 11.05% 8.4%

Cashflow Statement

Concept 2018 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $91.65M $474.5M $221.1M
YoY Change -58.55% 12.16% 172.92%
Depreciation, Depletion And Amortization $33.40M $125.9M $31.80M
YoY Change 5.03% -1.72% 13.17%
Cash From Operating Activities $308.3M $793.2M $176.6M
YoY Change 74.58% 25.47% -25.55%
INVESTING ACTIVITIES
Capital Expenditures -$30.90M -$118.2M -$31.10M
YoY Change -0.64% -11.92% 8.74%
Acquisitions
YoY Change
Other Investing Activities -$175.1M -$1.103B $36.10M
YoY Change -585.04% 335.77% -121.79%
Cash From Investing Activities -$205.9M -$1.221B $5.000M
YoY Change -4218.0% 215.27% -102.58%
FINANCING ACTIVITIES
Cash Dividend Paid $178.5M
YoY Change 12.06%
Common Stock Issuance & Retirement, Net $18.80M
YoY Change
Debt Paid & Issued, Net $5.294M
YoY Change -4.49%
Cash From Financing Activities -836.7M 514.7M 63.10M
YoY Change -1425.99% 302.06% -113.27%
NET CHANGE
Cash From Operating Activities 308.3M 793.2M 176.6M
Cash From Investing Activities -205.9M -1.221B 5.000M
Cash From Financing Activities -836.7M 514.7M 63.10M
Net Change In Cash -734.3M 79.90M 244.7M
YoY Change -400.08% -79.03% -156.6%
FREE CASH FLOW
Cash From Operating Activities $308.3M $793.2M $176.6M
Capital Expenditures -$30.90M -$118.2M -$31.10M
Free Cash Flow $339.2M $911.4M $207.7M
YoY Change 63.31% 18.93% -21.86%

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996000
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
41145000
CY2018 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-26994000
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3415000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
37399000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
34125000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2717000
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3785000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8173000
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4909000
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
11083000
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10023000
CY2018 faf Claims Paid Including Assets Acquired Net Of Recoveries
ClaimsPaidIncludingAssetsAcquiredNetOfRecoveries
450756000
CY2017 faf Claims Paid Including Assets Acquired Net Of Recoveries
ClaimsPaidIncludingAssetsAcquiredNetOfRecoveries
472047000
CY2016 faf Claims Paid Including Assets Acquired Net Of Recoveries
ClaimsPaidIncludingAssetsAcquiredNetOfRecoveries
462999000
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
42079000
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-102819000
CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
17601000
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-5264000
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-12426000
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
10017000
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15303000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
127683000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-29339000
CY2018 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
2741000
CY2017 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
10238000
CY2016 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
21534000
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-2742000
CY2017 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-8347000
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-16320000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
793165000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
632134000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
489416000
CY2018 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
79171000
CY2017 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
82993000
CY2016 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
106719000
CY2018 faf Increase Decrease In Deposits With Banks
IncreaseDecreaseInDepositsWithBanks
3361000
CY2017 faf Increase Decrease In Deposits With Banks
IncreaseDecreaseInDepositsWithBanks
-18319000
CY2016 faf Increase Decrease In Deposits With Banks
IncreaseDecreaseInDepositsWithBanks
712000
CY2018 faf Payments To Acquire Debt And Equity Securities
PaymentsToAcquireDebtAndEquitySecurities
3157893000
CY2017 faf Payments To Acquire Debt And Equity Securities
PaymentsToAcquireDebtAndEquitySecurities
1970597000
CY2016 faf Payments To Acquire Debt And Equity Securities
PaymentsToAcquireDebtAndEquitySecurities
2062743000
CY2018 faf Proceeds From Sale Of Debt And Equity Securities
ProceedsFromSaleOfDebtAndEquitySecurities
1501402000
CY2017 faf Proceeds From Sale Of Debt And Equity Securities
ProceedsFromSaleOfDebtAndEquitySecurities
1163765000
CY2016 faf Proceeds From Sale Of Debt And Equity Securities
ProceedsFromSaleOfDebtAndEquitySecurities
731146000
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
640558000
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
641442000
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
948257000
CY2018 faf Net Decrease Increase In Other Investments
NetDecreaseIncreaseInOtherInvestments
-6792000
CY2017 faf Net Decrease Increase In Other Investments
NetDecreaseIncreaseInOtherInvestments
3763000
CY2016 faf Net Decrease Increase In Other Investments
NetDecreaseIncreaseInOtherInvestments
2244000
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
118170000
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
134206000
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
132265000
CY2018 faf Payments For Advances Under Secured Financing Agreements
PaymentsForAdvancesUnderSecuredFinancingAgreements
2380878000
CY2017 faf Payments For Advances Under Secured Financing Agreements
PaymentsForAdvancesUnderSecuredFinancingAgreements
0
CY2016 faf Payments For Advances Under Secured Financing Agreements
PaymentsForAdvancesUnderSecuredFinancingAgreements
0
CY2018 faf Proceeds From Collections Of Secured Financings Receivable
ProceedsFromCollectionsOfSecuredFinancingsReceivable
2374329000
CY2017 faf Proceeds From Collections Of Secured Financings Receivable
ProceedsFromCollectionsOfSecuredFinancingsReceivable
0
CY2016 faf Proceeds From Collections Of Secured Financings Receivable
ProceedsFromCollectionsOfSecuredFinancingsReceivable
0
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2630000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9977000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9220000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1220624000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-387168000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-610148000
CY2018 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
715617000
CY2017 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
291088000
CY2016 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
80463000
CY2018 faf Proceeds From Borrowings Under Secured Financing Agreements
ProceedsFromBorrowingsUnderSecuredFinancingAgreements
2380976000
CY2017 faf Proceeds From Borrowings Under Secured Financing Agreements
ProceedsFromBorrowingsUnderSecuredFinancingAgreements
0
CY2016 faf Proceeds From Borrowings Under Secured Financing Agreements
ProceedsFromBorrowingsUnderSecuredFinancingAgreements
0
CY2018 faf Repayments Of Secured Financings Payable
RepaymentsOfSecuredFinancingsPayable
2374426000
CY2017 faf Repayments Of Secured Financings Payable
RepaymentsOfSecuredFinancingsPayable
0
CY2016 faf Repayments Of Secured Financings Payable
RepaymentsOfSecuredFinancingsPayable
0
CY2018 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0
CY2017 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0
CY2016 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
160000000
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5294000
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5543000
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5171000
CY2018 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-745000
CY2017 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-969000
CY2016 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1029000
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3415000
CY2018 faf Proceeds Payments Related To Shares Issued In Connection With Restricted Stock Unit Option And Benefit Plans
ProceedsPaymentsRelatedToSharesIssuedInConnectionWithRestrictedStockUnitOptionAndBenefitPlans
-4105000
CY2017 faf Proceeds Payments Related To Shares Issued In Connection With Restricted Stock Unit Option And Benefit Plans
ProceedsPaymentsRelatedToSharesIssuedInConnectionWithRestrictedStockUnitOptionAndBenefitPlans
2732000
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18801000
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
159284000
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
131541000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
128024000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
106787000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7373000
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21183000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1467129000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
33680000
CY2016 us-gaap Interest Paid Net
InterestPaidNet
30125000
CY2018 faf Cash Paid For Premium Taxes
CashPaidForPremiumTaxes
68526000
CY2017 faf Cash Paid For Premium Taxes
CashPaidForPremiumTaxes
66785000
CY2016 faf Cash Paid For Premium Taxes
CashPaidForPremiumTaxes
65506000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
91745000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
126208000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
116309000
CY2018 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
7255000
CY2017 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
52153000
CY2016 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
4055000
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<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;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 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>
CY2018Q4 faf Capitalized Real Estate Data
CapitalizedRealEstateData
47100000
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2017Q4 us-gaap Escrow Deposit
EscrowDeposit
7500000000
CY2017Q4 faf Like Kind Exchange Funds
LikeKindExchangeFunds
2600000000
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
35015000
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
70700000
CY2018 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<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-bottom:0pt;margin-top:6pt;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 2018, the FASB issued updated guidance that is intended to reduce potential diversity in practice in accounting for the costs of implementing cloud computing arrangements (i.e., hosting arrangements) that are service contracts.&nbsp;&nbsp;The updated guidance aligns the requirements for capitalizing implementation costs for these arrangements with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15,&#160;2019, with early adoption permitted.&nbsp;&nbsp;The Company is currently assessing the impact of this guidance 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 2018, the FASB issued updated guidance as part of its disclosure framework project intended to improve the effectiveness of disclosures in the notes to the financial statements.&nbsp;&nbsp;The updated guidance eliminates, adds and modifies certain disclosure requirements related to fair value measurements. The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15,&#160;2019, with early adoption permitted.&nbsp;&nbsp;Except for the disclosure requirements, 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 January 2017, the FASB issued updated guidance intended to simplify how an entity tests goodwill for impairment by eliminating Step 2 from the goodwill impairment test.&nbsp;&nbsp;Under the updated guidance, an entity will perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and will recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value, with the loss recognized limited to the total amount of goodwill allocated to that reporting unit.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15,&#160;2019, 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 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,&#160;2019, with early adoption permitted.&nbsp;&nbsp;The Company is currently assessing the impact of this 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 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.&nbsp;&nbsp;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.&nbsp;&nbsp;The updated guidance is effective for interim and annual reporting periods beginning after December&#160;15,&#160;2018.&nbsp;&nbsp;The updated guidance may either be adopted using a modified retrospective transition approach or may be initially applied on the adoption date with the recognition of a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption.&nbsp;&nbsp;The Company has elected to initially apply the guidance as of the adoption date, January 1, 2019, and expects to record on its balance sheet right-of-use assets and lease liabilities of approximately $350&#160;million and an immaterial cumulative-effect adjustment to retained earnings. The Company expects the new guidance to have an insignificant impact on its consolidated statements of income and statements of cash flows.&nbsp;&nbsp;</p>
CY2018 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<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;">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;2018</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;2017</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;">80,306</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;">7.7</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;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;">83,094</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;">8.1</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> </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;">IBNR 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;">877,134</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;">84.1</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;">875,724</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;">85.1</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;">957,440</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;">91.8</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;">958,818</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;">93.2</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:12.25pt;;text-indent:-12.25pt;;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;">85,239</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;">8.2</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;">70,115</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;">6.8</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%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:12.25pt;;text-indent:-12.25pt;;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;">1,042,679</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;">1,028,933</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="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;">&nbsp;</p>
CY2018 faf Number Of States That Permit Issuance Of Title Insurance Policies
NumberOfStatesThatPermitIssuanceOfTitleInsurancePolicies
49
CY2018 faf Number Of States Licensed To Issue Property And Casualty Insurance Policies
NumberOfStatesLicensedToIssuePropertyAndCasualtyInsurancePolicies
50
CY2018 faf Number Of States That Issue Property And Casualty Policies
NumberOfStatesThatIssuePropertyAndCasualtyPolicies
47
CY2018 faf Number Of States That Issue Home Warranty Contracts
NumberOfStatesThatIssueHomeWarrantyContracts
36
CY2018Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
111000000
CY2017Q4 us-gaap Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
108400000
CY2018 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0
CY2017 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0
CY2016 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
500000
CY2018 faf Period Of Mortgage Loan Sold Description
PeriodOfMortgageLoanSoldDescription
Collections of the receivable balance occur upon sale of the underlying mortgage loan to investors, generally within 30 days and more typically in less than 10 days.
CY2018 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
41000
CY2017 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
500000
CY2016 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
5200000
CY2018Q4 faf Title Plants
TitlePlants
530400000
CY2017Q4 faf Title Plants
TitlePlants
526200000
CY2017Q4 faf Capitalized Real Estate Data
CapitalizedRealEstateData
42300000
CY2018 faf Goodwill Impairment Threshold Percentage
GoodwillImpairmentThresholdPercentage
0.50
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018 us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2018 us-gaap Revenue Practical Expedient Financing Component
RevenuePracticalExpedientFinancingComponent
true
CY2018Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
129200000
CY2017Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
131000000
CY2018Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
291200000
CY2018Q4 faf Statutory Accounting Practices Statutory Amount Available For Loans And Advances Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForLoansAndAdvancesWithoutRegulatoryApproval
98600000
CY2018Q4 us-gaap State Insurance Department Statutory To Naic Amount Of Reconciling Item
StateInsuranceDepartmentStatutoryToNAICAmountOfReconcilingItem
209000000
CY2017Q4 us-gaap State Insurance Department Statutory To Naic Amount Of Reconciling Item
StateInsuranceDepartmentStatutoryToNAICAmountOfReconcilingItem
148500000
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
5761150000
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4750362000
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
23361000
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
32693000
CY2018 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
3300000
CY2017 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
5400000
CY2016 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
12600000
CY2018 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
20300000
CY2017 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
16400000
CY2016 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
2700000
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1300000000
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
821000000
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
561000000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1672754000
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1437759000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
25709000
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
10863000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1700760000
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1206188000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
44991000
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
21830000
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
3373514000
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2643947000
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
70700000
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
32693000
CY2018Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
358352000
CY2017Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
413672000
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-38600000
CY2018 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
37600000
CY2017 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
30200000
CY2016 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
18100000
CY2017 us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
2100000
CY2016 us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
7000000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
171992000
CY2017Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2840000
CY2018Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1133825000
CY2018Q4 faf Debt And Equity Securities Excluding Common Stock Fair Value
DebtAndEquitySecuritiesExcludingCommonStockFairValue
5727973000
CY2018Q4 faf Percentage Of Debt Securities Grade By Rating Agencies
PercentageOfDebtSecuritiesGradeByRatingAgencies
1.000
CY2018Q4 faf Percentage Of Investment Portfolio Grade By Rating Agencies
PercentageOfInvestmentPortfolioGradeByRatingAgencies
1.000
CY2018Q4 faf Percentage Of Debt Securities In Unrealized Loss Position
PercentageOfDebtSecuritiesInUnrealizedLossPosition
1.000
CY2018Q4 us-gaap Land
Land
25472000
CY2017Q4 us-gaap Land
Land
25983000
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
257159000
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
255389000
CY2018Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
242415000
CY2017Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
247022000
CY2018Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
667667000
CY2017Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
621203000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1192713000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1149597000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
734873000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
710028000
CY2016Q4 us-gaap Goodwill
Goodwill
1017417000
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
91516000
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-4370000
CY2017 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-298000
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
36806000
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5017000
CY2018 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-628000
CY2018Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
114603000
CY2017Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
106086000
CY2018Q4 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
14402000
CY2017Q4 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
11509000
CY2018Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
10753000
CY2017Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
9229000
CY2018Q4 faf Finite Lived Internal Use Software Licenses
FiniteLivedInternalUseSoftwareLicenses
29394000
CY2017Q4 faf Finite Lived Internal Use Software Licenses
FiniteLivedInternalUseSoftwareLicenses
28956000
CY2018Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2840000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
158620000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
79535000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
75591000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
92457000
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
83029000
CY2018Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
16915000
CY2017Q4 us-gaap Indefinite Lived License Agreements
IndefiniteLivedLicenseAgreements
16884000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30400000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28100000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15400000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25620000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14294000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10967000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10330000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9859000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2496805000
CY2017Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2058596000
CY2017Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
879252000
CY2018 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.040
CY2017 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.039
CY2018Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
3630630000
CY2017Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
2937848000
CY2018Q4 faf Business Checking And Other Deposits
BusinessCheckingAndOtherDeposits
155553000
CY2017Q4 faf Business Checking And Other Deposits
BusinessCheckingAndOtherDeposits
132718000
CY2018Q4 faf Weighted Average Interest Rates On Interest Bearing Escrow Accounts
WeightedAverageInterestRatesOnInterestBearingEscrowAccounts
0.0012
CY2017Q4 faf Weighted Average Interest Rates On Interest Bearing Escrow Accounts
WeightedAverageInterestRatesOnInterestBearingEscrowAccounts
0.0010
CY2016Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1025863000
CY2015Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
983880000
CY2018 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
444969000
CY2017 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
446500000
CY2016 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
441228000
CY2018 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
7664000
CY2017 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
3910000
CY2016 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
47373000
CY2018 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
242617000
CY2017 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
240468000
CY2016 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
223735000
CY2018 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
208139000
CY2017 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
231579000
CY2016 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
239264000
CY2018 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
450756000
CY2017 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
472047000
CY2016 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
462999000
CY2018 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
11869000
CY2017 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
24707000
CY2016 faf Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmountOther
16381000
CY2018 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.040
CY2017 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.040
CY2016 faf Loss Provision Percentage Of Title Premiums And Escrow Fees
LossProvisionPercentageOfTitlePremiumsAndEscrowFees
0.055
CY2018 faf Ultimate Loss Rate Percentage
UltimateLossRatePercentage
0.040
CY2018 faf Increase In Loss Reserve Estimates For Prior Policy Years
IncreaseInLossReserveEstimatesForPriorPolicyYears
0
CY2017 faf Ultimate Loss Rate Percentage
UltimateLossRatePercentage
0.040
CY2017 faf Increase In Loss Reserve Estimates For Prior Policy Years
IncreaseInLossReserveEstimatesForPriorPolicyYears
0
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
CY2016 faf Projected Ultimate Loss Ratio Percentage
ProjectedUltimateLossRatioPercentage
0.038
CY2018Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
80306000
CY2017Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
83094000
CY2018Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
877134000
CY2017Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
875724000
CY2018Q4 us-gaap Liability For Title Claims And Claims Adjustment Expense
LiabilityForTitleClaimsAndClaimsAdjustmentExpense
957440000
CY2017Q4 us-gaap Liability For Title Claims And Claims Adjustment Expense
LiabilityForTitleClaimsAndClaimsAdjustmentExpense
958818000
CY2018Q4 faf Liability For Non Title Claims And Claims Adjustment Expense
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpense
85239000
CY2017Q4 faf Liability For Non Title Claims And Claims Adjustment Expense
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpense
70115000
CY2018Q4 faf Liability For Title Claims And Claims Adjustment Expense Known Claims Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseKnownClaimsPercentage
0.077
CY2017Q4 faf Liability For Title Claims And Claims Adjustment Expense Known Claims Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseKnownClaimsPercentage
0.081
CY2018Q4 faf Liability For Title Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRPercentage
0.841
CY2017Q4 faf Liability For Title Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRPercentage
0.851
CY2018Q4 faf Liability For Title Claims And Claims Adjustment Expense Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpensePercentage
0.918
CY2017Q4 faf Liability For Title Claims And Claims Adjustment Expense Percentage
LiabilityForTitleClaimsAndClaimsAdjustmentExpensePercentage
0.932
CY2018Q4 faf Liability For Non Title Claims And Claims Adjustment Expense Percentage
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpensePercentage
0.082
CY2017Q4 faf Liability For Non Title Claims And Claims Adjustment Expense Percentage
LiabilityForNonTitleClaimsAndClaimsAdjustmentExpensePercentage
0.068
CY2018Q4 faf Liability For Unpaid Claims And Claims Adjustment Expense Reported And Incurred But Not Reported Percentage
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedAndIncurredButNotReportedPercentage
1.000
CY2017Q4 faf Liability For Unpaid Claims And Claims Adjustment Expense Reported And Incurred But Not Reported Percentage
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedAndIncurredButNotReportedPercentage
1.000
CY2018Q4 us-gaap Shortduration Insurance Contracts Incurred Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet
1983997000
CY2018Q4 us-gaap Shortduration Insurance Contracts Cumulative Paid Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet
1928277000
CY2018Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net Not Separately Presented
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNetNotSeparatelyPresented
16000
CY2018Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet
55736000
CY2018Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
28290000
CY2018Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Claims Adjustment Expense Accumulated Unallocated Claim Adjustment Expense
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense
1213000
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year One
ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne
0.826
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Two
ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo
0.147
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Three
ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree
0.015
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Four
ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour
0.008
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Five
ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive
0.003
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Six
ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix
0.001
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Seven
ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven
0.000
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Eight
ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight
0.000
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Nine
ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine
0.000
CY2018Q4 us-gaap Shortduration Insurance Contracts Historical Claims Duration Year Ten
ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen
0.000
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
160000000
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
160000000
CY2018Q4 us-gaap Secured Debt
SecuredDebt
19247000
CY2017Q4 us-gaap Secured Debt
SecuredDebt
22725000
CY2018Q4 us-gaap Other Borrowings
OtherBorrowings
5791000
CY2017Q4 us-gaap Other Borrowings
OtherBorrowings
3707000
CY2018Q4 faf Debt And Capital Lease Obligations Before Discounts Premiums Debt Issuance Costs
DebtAndCapitalLeaseObligationsBeforeDiscountsPremiumsDebtIssuanceCosts
735038000
CY2017Q4 faf Debt And Capital Lease Obligations Before Discounts Premiums Debt Issuance Costs
DebtAndCapitalLeaseObligationsBeforeDiscountsPremiumsDebtIssuanceCosts
736432000
CY2018Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
462000
CY2017Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
560000
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2557000
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3062000
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0442
CY2017Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0424
CY2018Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0415
CY2018 faf Line Of Credit Facility Maximum Increase In Revolving Credit
LineOfCreditFacilityMaximumIncreaseInRevolvingCredit
150000000
CY2018 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.
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
165384000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5066000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4965000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5104000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
254403000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
300116000
CY2018 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
64328000
CY2017 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
22221000
CY2016 faf Investment Income Interest On Other Investments
InvestmentIncomeInterestOnOtherInvestments
7818000
CY2018 faf Income Loss From Deferred Compensation Plan Assets
IncomeLossFromDeferredCompensationPlanAssets
-6399000
CY2017 faf Income Loss From Deferred Compensation Plan Assets
IncomeLossFromDeferredCompensationPlanAssets
14211000
CY2016 faf Income Loss From Deferred Compensation Plan Assets
IncomeLossFromDeferredCompensationPlanAssets
5861000
CY2018 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
106000
CY2017 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
607000
CY2016 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
130000
CY2018 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
233789000
CY2017 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
165528000
CY2016 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
128575000
CY2018 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
3500000
CY2017 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
3126000
CY2016 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
2441000
CY2018Q4 faf Tax Cuts And Jobs Act Change In Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActChangeInTaxRateIncomeTaxExpenseBenefit
6800000
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
3000000
CY2018 faf Income Tax Reconciliation Adjustments To Deferred Balances
IncomeTaxReconciliationAdjustmentsToDeferredBalances
3800000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
571900000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
391400000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
416500000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
37600000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
53900000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
61100000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
116400000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
24208000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9382000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1943000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
11533000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10806000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
137315000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
36957000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-104062000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
91190000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-10724000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3753000
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
939000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2205000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-113847000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
97148000
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
128003000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
155866000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
167153000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9941000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-872000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3703000
CY2018 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
875000
CY2017 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
-3482000
CY2016 faf Income Tax Reconciliation Change In Liability For Tax Positions
IncomeTaxReconciliationChangeInLiabilityForTaxPositions
-10512000
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
7287000
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-6163000
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7983000
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
12265000
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-6804000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-129139000
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0
CY2018 faf Income Tax Reconciliation Repatriation Of Foreign Earnings And Adjustments
IncomeTaxReconciliationRepatriationOfForeignEarningsAndAdjustments
-146000
CY2017 faf Income Tax Reconciliation Repatriation Of Foreign Earnings And Adjustments
IncomeTaxReconciliationRepatriationOfForeignEarningsAndAdjustments
14997000
CY2016 faf Income Tax Reconciliation Repatriation Of Foreign Earnings And Adjustments
IncomeTaxReconciliationRepatriationOfForeignEarningsAndAdjustments
0
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5516000
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-7739000
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5991000
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.002
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2018 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
0.001
CY2017 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
-0.008
CY2016 faf Effective Income Tax Rate Reconciliation At Change In Liability For Tax Positions
EffectiveIncomeTaxRateReconciliationAtChangeInLiabilityForTaxPositions
-0.022
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.012
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.013
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.017
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.026
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.011
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.290
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.033
CY2016 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.00
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.017
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.053
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.281
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
7362000
CY2017Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
7766000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
87960000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
86519000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
7421000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
7191000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
1793000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
1372000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
18817000
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
22600000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13290000
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13914000
CY2018Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
11356000
CY2017Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
8415000
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
7976000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5464000
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5673000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
161878000
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
153011000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10621000
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10333000
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
151257000
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
142678000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
230758000
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
204863000
CY2018Q4 faf Deferred Tax Liabilities Claims
DeferredTaxLiabilitiesClaims
108497000
CY2017Q4 faf Deferred Tax Liabilities Claims
DeferredTaxLiabilitiesClaims
104323000
CY2018Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
1957000
CY2017Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
3343000
CY2018Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
0
CY2017Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
11656000
CY2018Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
10506000
CY2017Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
14997000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
351718000
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
339182000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
200461000
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
196504000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
5200000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
3400000
CY2018Q4 faf Net Payable To Former Parent For Spin Off Related Tax Liabilities
NetPayableToFormerParentForSpinOffRelatedTaxLiabilities
15600000
CY2017Q4 faf Net Payable To Former Parent For Spin Off Related Tax Liabilities
NetPayableToFormerParentForSpinOffRelatedTaxLiabilities
15000000
CY2018Q4 us-gaap Tax Credit Carryforward Valuation Allowance
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8300000
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
78200000
CY2018Q4 faf Operating Loss Carryforwards Not Subject To Expiration
OperatingLossCarryforwardsNotSubjectToExpiration
28600000
CY2018Q4 faf Operating Loss Carryforwards Subject To Expiration
OperatingLossCarryforwardsSubjectToExpiration
49600000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13300000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12800000
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18100000
CY2018Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
3700000
CY2017Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
3700000
CY2016Q4 faf Offsetting Tax Benefits To Liability For Income Taxes Associated With Uncertain Tax Positions
OffsettingTaxBenefitsToLiabilityForIncomeTaxesAssociatedWithUncertainTaxPositions
5700000
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9600000
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9100000
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12400000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
23800000
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7100000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
500000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1400000
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4300000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
5800000
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
5300000
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4100000
CY2018 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
1600000
CY2017 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
1400000
CY2016 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
1800000
CY2018 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 decrease within the next 12 months. Any such change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes.
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
666000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
767000
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
608000
CY2018 faf Deferred Compensation Plan Maximum Deferral Rate
DeferredCompensationPlanMaximumDeferralRate
1.00
CY2018Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
86500000
CY2017Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
92700000
CY2018Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
94300000
CY2017Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
97200000
CY2018 faf Defined Benefit Plan Average Annual Compensation Period
DefinedBenefitPlanAverageAnnualCompensationPeriod
P5Y
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
84800000
CY2016 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-66337000
CY2016 faf Defined Benefit Plan Assets Lump Sum Distributions To Certain Participants
DefinedBenefitPlanAssetsLumpSumDistributionsToCertainParticipants
127200000
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
34000000
CY2017 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-152388000
CY2018 us-gaap Pension And Other Postretirement Benefit Expense
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