← INVESTORS TITLE CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $19.5m |
$25.7m
+31.67%
|
$21.9m
-14.84%
|
$31.5m
+43.70%
|
$39.4m
+25.31%
|
$67.0m
+70.02%
|
$23.9m
-64.33%
|
$21.7m
-9.27%
|
$31.1m
+43.29%
|
$35.2m
+13.22%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $19.5m | $25.7m | $21.9m | $31.5m | $39.4m | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($8k) | ($6k) | ($33k) | $0 | — | — | — | — | — | — | — | |
| Amortization | $772k | $788k | $748k | $712k | — | — | — | — | — | — | $977k | |
| Amortization of Intangible Assets | $214k | $917k | $577k | $505k | $504k | $544k | $1.3m | $1.4m | $1.2m | $797k | — | |
| Depreciation | $1.3m | $1.4m | $1.7m | $1.8m | $1.8m | $1.9m | $2.3m | $2.8m | $3.3m | $3.6m | $3.5m | |
| Deferred Income Tax Expense (Benefit) | $2.8m | ($4.7m) | ($4.1m) | $2.3m | $1.2m | $4.8m | ($4.6m) | ($4.2m) | $624k | $2.9m | $200k | |
| Share-based Payment Arrangement, Noncash Expense | $132k | $219k | $327k | $264k | $229k | $299k | $362k | $425k | $394k | $543k | $450k | |
| Share-based Payment Arrangement, Expense | $132k | $219k | $327k | $264k | $229k | $299k | $362k | $425k | $393k | $531k | $450k | |
| Goodwill, Impairment Loss | — | $29k | — | — | — | — | — | — | — | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $154k | — | — | — | — | — | — | — | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | — | ($3.9m) | ($5.7m) | $2.7m | $1.1m | ($4.1m) | |
| Increase (Decrease) in Other Operating Assets | ($2.6m) | ($388k) | ($540k) | ($1.7m) | $4.0m | $9.0m | ($532k) | ($621k) | ($2.6m) | $7.7m | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | ($366k) | — | — | $2.8m | — | |
| Net Cash Provided by (Used in) Operating Activities | $22.5m |
$19.9m
-11.72%
|
$24.4m
+22.58%
|
$20.9m
-14.23%
|
$34.1m
+63.01%
|
$51.9m
+52.31%
|
$36.2m
-30.28%
|
$7.4m
-79.49%
|
$29.8m
+301.83%
|
$30.9m
+3.68%
|
$28.8m
-7.06%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.5m | $2.9m | $1.9m | $1.5m | $3.2m | $6.5m | $5.7m | $9.2m | $7.4m | $5.6m | ($6.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $12k | $22k | ($12k) | $46k | $26k | $4.0m | $58k | $204k | $221k | $45k | ($6.9m) | |
| Debt Securities, Realized Gain (Loss) | — | — | — | — | — | — | — | — | — | $12k | — | |
| Gain (Loss) on Sale of Investments | — | $1.2m | ($117k) | $1.3m | $311k | $911k | $10.1m | $3.4m | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | ($4.1m) | $10.3m | $4.9m | $14.9m | ($21.0m) | ($12.2m) | ($318k) | ($1.0m) | — | |
| Gain (Loss) on Investments | $768k | $1.0m | ($110k) | $1.3m | $333k | $1.9m | $9.7m | $3.4m | $4.7m | $3.2m | ($3.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $4.9m | $0 | — | $4.5m | ($4.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($8.8m) | ($20.3m) | ($2.8m) | $4.5m | ($14.6m) | $9.1m | ($28.7m) | ($6.7m) | $1.7m | ($14.8m) | $4.1m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | $911k | $10.1m | $15.7m | $5.1m | $4.7m | — | |
| Payments for Repurchase of Common Stock | $6.2m | $245k | $29k | $19k | $6k | $0 | $133k | $959k | $1.1m | $0 | — | |
| Dividends paid | $1.4m | $7.1m | $23.0m | $18.1m | $31.7m | $37.6m | $9.2m | $11.0m | $29.9m | $19.9m | ($29.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($7.6m) |
($7.3m)
+3.16%
|
($23.1m)
-215.61%
|
($18.1m)
+21.43%
|
($31.7m)
-74.77%
|
($37.6m)
-18.39%
|
($9.3m)
+75.20%
|
($12.0m)
-28.90%
|
($31.0m)
-157.88%
|
($19.9m)
+35.63%
|
($29.9m)
-49.85%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($12.2m) | $23.4m | ($1.9m) | ($11.3m) | $623k | ($3.8m) | $29.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $13.7m | $37.2m | $35.3m | $24.0m | $24.7m | $20.8m | $29.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $5.1m | $11.5m | $5.5m | $9.7m | $10.2m | $10.4m | $15.4m | $8.7m | $6.6m | $8.4m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $4.1m | — | — | — | — | — | — | — | — | |
| Goodwill | $4.3m | $4.3m | $4.4m | $4.4m | $4.4m | $7.2m | $9.6m | $9.6m | $9.6m | $9.3m | — | |
| Income Tax Expense (Benefit) | $8.6m | $4.6m | $5.2m | $8.4m | $10.2m | $17.9m | $6.2m | $4.5m | $8.4m | $9.4m | — | |
| Operating Expenses | — | — | — | — | — | $244.6m | $253.3m | $198.5m | $218.8m | $228.2m | — | |
| Proceeds from Stock Options Exercised | ($200) | ($737) | ($1k) | $0 | $1k | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $30k | ($161k) | $7k | ($3k) | $22k | $1.9m | $9.7m | $15.6m | $5.0m | $4.2m | — |