Corelogic (CLGX) 10-Q1 May 202020 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2020	Apr. 28, 2020
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	001-13585
Entity Registrant Name	CORELOGIC, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-1068610
Entity Address, Address Line One	40 Pacifica
Entity Address, City or Town	Irvine
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92618
City Area Code	949
Local Phone Number	214-1000
Title of 12(b) Security	Common Stock, $0.00001 par value
Trading Symbol	CLGX
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		79,411,399
Entity Central Index Key	0000036047
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 152,822	$ 105,185
Accounts receivable (less allowance for credit losses of $7,236 and $7,161 as of March 31, 2020 and December 31, 2019, respectively)	285,528	281,392
Prepaid expenses and other current assets	54,453	59,972
Total current assets	492,803	446,549
Property and equipment, net	443,998	451,021
Operating lease assets	61,754	65,825
Goodwill, net	2,381,309	2,396,096
Other intangible assets, net	364,425	378,818
Capitalized data and database costs, net	320,226	327,078
Investment in affiliates, net	11,339	16,666
Other assets	71,753	76,604
Total assets	4,147,607	4,158,657
Current liabilities:
Accounts payable and other accrued expenses	174,007	173,989
Accrued salaries and benefits	66,643	86,598
Contract liabilities, current	341,068	321,647
Current portion of long-term debt	77,724	56,022
Operating lease liabilities, current	17,532	18,058
Total current liabilities	676,974	656,314
Long-term debt, net of current	1,589,507	1,610,538
Contract liabilities, net of current	568,964	563,246
Deferred income tax liabilities	85,008	110,396
Operating lease liabilities, net of current	80,301	85,139
Other liabilities	219,855	181,814
Total liabilities	3,220,609	3,207,447
Stockholders' equity:
Preferred stock, $0.00001 par value; 500 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.00001 par value; 180,000 shares authorized; 79,411 and 78,972 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively	1	1
Additional paid-in capital	111,481	111,000
Retained earnings	1,057,692	1,006,992
Accumulated other comprehensive loss	(242,176)	(166,783)
Total stockholders' equity	926,998	951,210
Total liabilities and equity	$ 4,147,607	$ 4,158,657

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Allowance for doubtful accounts	$ 7,236	$ 7,161
Stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized (in shares)	180,000,000	180,000,000
Common stock, shares issued (in shares)	79,411,000	78,972,000
Common stock, shares outstanding (in shares)	79,411,000	78,972,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Operating revenues	$ 443,885	$ 417,708
Cost of services (excluding depreciation and amortization shown below)	215,565	219,061
Selling, general and administrative expenses	114,406	128,224
Depreciation and amortization	46,843	49,219
Total operating expenses	376,814	396,504
Operating income	67,071	21,204
Interest expense:
Interest income	414	978
Interest expense	18,193	19,703
Total interest expense, net	(17,779)	(18,725)
(Loss)/gain on investments and other, net	(3,047)	734
Income from continuing operations before equity in earnings/(losses) of affiliates and income taxes	46,245	3,213
Provision for income taxes	12,951	1,058
Income from continuing operations before equity in earnings/(losses) of affiliates	33,294	2,155
Equity in earnings/(losses) of affiliates, net of tax	512	(422)
Net income from continuing operations	33,806	1,733
Income/(loss) from discontinued operations, net of tax	13	(46)
Net income	$ 33,819	$ 1,687
Basic income per share:
Net income from continuing operations (usd per share)	$ 0.43	$ 0.02
Loss from discontinued operations, net of tax (usd per share)	0	0
Net (loss)/income (usd per share)	0.43	0.02
Diluted income per share:
Net income from continuing operations (usd per share)	0.42	0.02
Loss from discontinued operations, net of tax (usd per share)	0	0
Net (loss)/income (usd per share)	$ 0.42	$ 0.02
Weighted-average common shares outstanding:
Basic (in shares)	79,028	80,179
Diluted (in shares)	80,525	81,277

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 33,819	$ 1,687
Other comprehensive loss
Market value adjustments on interest rate swaps, net of tax	(36,890)	(12,206)
Foreign currency translation adjustments	(38,690)	5,342
Supplemental benefit plans adjustments, net of tax	187	(149)
Total other comprehensive loss	(75,393)	(7,013)
Comprehensive loss	$ (41,574)	$ (5,326)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net income	$ 33,819	$ 1,687
Less: Income/(loss) from discontinued operations, net of tax	13	(46)
Net income from continuing operations	33,806	1,733
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	46,843	49,219
Amortization of debt issuance costs	1,235	1,302
Amortization of operating lease assets	3,656	4,036
Provision for bad debt and claim losses	3,362	3,788
Share-based compensation	8,085	9,892
Equity in (earnings)/losses of affiliates, net of taxes	(512)	422
Deferred income tax	2,092	4,346
Loss/(gain) on investments and other, net	3,047	(734)
Change in operating assets and liabilities, net of acquisitions:
Accounts receivable	(4,011)	(5,489)
Prepaid expenses and other current assets	3,677	(2,778)
Accounts payable and other accrued expenses	(8,112)	(7,665)
Contract liabilities	24,372	173
Income taxes	4,930	10,966
Dividends received from investments in affiliates	185	0
Other assets and other liabilities	(9,808)	(4,630)
Net cash provided by operating activities - continuing operations	112,847	64,581
Net cash provided by operating activities - discontinued operations	18	0
Total cash provided by operating activities	112,865	64,581
Cash flows from investing activities:
Purchases of property and equipment	(14,312)	(24,020)
Purchases of capitalized data and other intangible assets	(9,464)	(8,947)
Cash paid for acquisitions, net of cash acquired	(11,760)	0
Purchases of investments	(631)	0
Cash received from sale of business-lines	0	1,082
Proceeds from investments and other	651	1,157
Net cash used in investing activities - continuing operations	(35,516)	(30,728)
Net cash provided by investing activities - discontinued operations	0	0
Total cash used in investing activities	(35,516)	(30,728)
Cash flows from financing activities:
Repayment of long-term debt	(723)	(25,563)
Proceeds from issuance of shares in connection with share-based compensation	2,932	2,758
Payment of tax withholdings related to net share settlements	(8,051)	(8,551)
Shares repurchased and retired	(2,431)	0
Dividends paid	(17,374)	0
Contingent consideration payments subsequent to acquisitions	0	(600)
Net cash used in financing activities - continuing operations	(25,647)	(31,956)
Net cash provided by financing activities - discontinued operations	0	0
Total cash used in financing activities	(25,647)	(31,956)
Effect of exchange rate on cash, cash equivalents, and restricted cash	(4,690)	(200)
Net change in cash, cash equivalents, and restricted cash	47,012	1,697
Cash, cash equivalents, and restricted cash at beginning of period	115,702	98,250
Less: Change in cash, cash equivalents, and restricted cash - discontinued operations	18	0
Plus: Cash swept from discontinued operations	18	0
Cash, cash equivalents, and restricted cash at end of period	162,714	99,947
Supplemental disclosures of cash flow information:
Cash paid for interest	16,391	17,351
Cash paid for income taxes	2,512	1,958
Cash refunds from income taxes	371	15,950
Non-cash investing activities:
Capital expenditures included in accounts payable and other accrued expenses	$ 11,980	$ 14,469

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Stockholder's Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance, shares at Dec. 31, 2018		80,092
Beginning balance at Dec. 31, 2018	$ 1,000,498	$ 1	$ 160,870	$ 975,375	$ (135,748)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,687			1,687
Shares issued in connection with share-based compensation, shares		541
Shares issued in connection with share-based compensation	2,758		2,758
Payment of tax withholdings related to net share settlements	(8,551)		(8,551)
Share-based compensation	9,892		9,892
Other comprehensive loss	(7,013)				(7,013)
Ending balance, shares at Mar. 31, 2019		80,633
Ending balance at Mar. 31, 2019	$ 999,271	$ 1	164,969	977,062	(142,761)
Beginning balance, shares at Dec. 31, 2019	78,972	78,972
Beginning balance at Dec. 31, 2019	$ 951,210	$ 1	111,000	1,006,992	(166,783)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of new accounting standards	16,827			16,827
Net income	33,819			33,819
Shares issued in connection with share-based compensation, shares		489
Shares issued in connection with share-based compensation	2,932		2,932
Payment of tax withholdings related to net share settlements	(8,051)		(8,051)
Share-based compensation	8,085		8,085
Shares repurchased and retired, shares		(50)
Shares repurchased and retired	(2,431)		(2,431)
Dividends	0		(54)	54
Other comprehensive loss	$ (75,393)				(75,393)
Ending balance, shares at Mar. 31, 2020	79,411	79,411
Ending balance at Mar. 31, 2020	$ 926,998	$ 1	$ 111,481	$ 1,057,692	$ (242,176)

Basis of Condensed Consolidated

Basis of Condensed Consolidated Financial Statements	3 Months Ended
Basis of Condensed Consolidated Financial Statements	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Condensed Consolidated Financial Statements	Basis of Condensed Consolidated Financial Statements CoreLogic, Inc., together with its subsidiaries (collectively “the Company”, “we”, “us” or “our”), is a leading global property information, insight, analytics and data-enabled solutions provider operating in North America, Western Europe and Asia Pacific. Our combined data from public, contributory, and proprietary sources provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. The markets we serve include real estate and mortgage finance, insurance, capital markets, and the public sector. We deliver value to clients through unique data, analytics, workflow technology, advisory and managed solutions. Clients rely on us to help identify and manage growth opportunities, improve performance, and mitigate risk. Our condensed consolidated financial information included in this report has been prepared in accordance with accounting principles generally accepted (“GAAP”) in the United States ("US") for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the condensed consolidated financial statements and accompanying notes. Actual amounts may differ from these estimated amounts. Certain information and disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The 2019 year-end condensed consolidated balance sheet was derived from the Company’s audited financial statements for the year ended December 31, 2019 . Interim financial information does not require the inclusion of all the information and footnotes required by GAAP for complete financial statements. Therefore, these financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2019 . The accompanying unaudited condensed consolidated interim financial statements reflect all adjustments, consisting of only normal recurring items which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for the full year or for any future periods. Client Concentration We generate the majority of our operating revenues from clients with operations in the US residential real estate, mortgage origination, and mortgage servicing markets. Approximately 31% and 29% of our operating revenues for the three months ended March 31, 2020 and 2019 , respectively, were generated from our top ten clients, who consist of the largest US mortgage originators and servicers. None of our clients individually accounted for greater than 10% of our operating revenues during these periods. Cash, Cash Equivalents, and Restricted Cash We deem the carrying value of cash, cash equivalents, and restricted cash to be a reasonable estimate of fair value due to the nature of these instruments. Restricted cash is comprised of deposits that are pledged for various letters of credit/bank guarantees secured by us, escrow accounts due to acquisitions and divestitures, as well as short-term investments within our deferred compensation plan trust. The following table provides a reconciliation of cash, cash equivalents, and restricted cash to amounts shown in the statement of cash flows: (in thousands) March 31, 2020 March 31, 2019 Cash and cash equivalents $ 152,822 $ 86,828 Restricted cash included in other assets 9,714 11,134 Restricted cash included in prepaid expenses and other current assets 178 1,985 Total cash, cash equivalents, and restricted cash $ 162,714 $ 99,947 Operating Revenue Recognition We derive our operating revenues primarily from US mortgage lenders, servicers, and insurance companies with good creditworthiness. Operating revenue arrangements are written and specify the products or services to be delivered, pricing, and payment terms. Operating revenue is recognized when the distinct good or service (also referred as "performance obligation"), is delivered and control has been transferred to the client. Generally, clients contract with us to provide products and services that are highly interrelated and not separately identifiable. Therefore, the entire contract is accounted for as one performance obligation. At times, some of our contracts have multiple performance obligations where we allocate the total price to each performance obligation based on the estimated relative standalone selling price using observable sales or the cost-plus-margin approach. For products or services where delivery occurs at a point in time, we recognize operating revenue when the client obtains control of the products upon delivery. When delivery occurs over time, we generally recognize operating revenue ratably over the service period, once initial delivery has occurred. For certain of our products or services, clients may also pay upfront fees, which we defer and recognize as operating revenue over the longer of the contractual term or the expected client relationship period. Licensing arrangements that provide our clients with the right to access or use our intellectual property are considered functional licenses for which we generally recognize operating revenue based on usage. For arrangements that provide a stand-ready obligation or substantive updates to the intellectual property which the client is contractually or practically required to use, we recognize operating revenue ratably over the contractual term. Client payment terms are standard with no significant financing components or extended payment terms granted. In limited cases, we allow for client cancellations for which we estimate a reserve at the point-of-sale. See further discussion in Note 7 - Operating Revenues . Comprehensive Income Comprehensive income includes all changes in equity except those resulting from investments by shareholders and distributions to shareholders. Specifically, foreign currency translation adjustments, amounts related to supplemental benefit plans, unrealized gains and losses on interest rate swap transactions and investments are recorded in other comprehensive income. The following table shows the components of accumulated other comprehensive loss, net of taxes, as of March 31, 2020 and December 31, 2019 : (in thousands) 2020 2019 Cumulative foreign currency translation $ (161,193 ) $ (122,503 ) Cumulative supplemental benefit plans (8,730 ) (8,917 ) Net unrecognized losses on interest rate swaps (72,253 ) (35,296 ) Reclassification adjustment for gain on terminated interest rate swap included in net income — (67 ) Accumulated other comprehensive loss $ (242,176 ) $ (166,783 ) Investment in Affiliates, net Investments in affiliates are accounted for under the equity method of accounting when we are deemed to have significant influence over the affiliate but do not control or have a majority voting interest in the affiliate. Investments are carried at the cost of acquisition, including subsequent impairments, capital contributions and loans from us, plus our equity in undistributed earnings or losses since inception of the investment, less dividends received. We recorded equity in earnings of affiliates, net of tax, of $0.5 million , and equity in losses of affiliates, net of tax, of $0.4 million for the three months ended March 31, 2020 and 2019 , respectively. For both the three months ended March 31, 2020 and 2019 , we had no operating revenues related to our investment in affiliates. We recorded operating expenses related to our investment in affiliates of $0.1 million for the three months ended March 31, 2020 and $0.2 million for the three months ended 2019 , respectively. As of March 31, 2020 , and December 31, 2019 , we had insignificant accounts payable and accounts receivable with these affiliates. In January 2020, we completed the acquisition of the remaining 66% of Location, Inc. ("Location") for $11.5 million , subject to certain working capital adjustments. In connection with this transaction, we remeasured our pre-existing 34% investment balance of $5.6 million to fair value based on the purchase price, resulting in a $0.6 million step-up gain which was recorded within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations for the three months ended March 31, 2020 . The total investment balance was then reclassified in the application of purchase accounting for this acquisition. See Note 12 - Acquisitions for additional information. Prior to the acquisition of the remaining interest, we accounted for Location under the equity method and received dividends of $0.7 million in the first quarter of 2020. Leases We determine if an arrangement contains a lease at inception and determine the classification of the lease, as either operating or finance, at commencement. Operating and finance lease assets and liabilities are recorded based on the present value of future lease payments over the lease term which factors in certain qualifying initial direct costs incurred as well as any lease incentives received. If an implicit rate is not readily determinable, we utilize our incremental borrowing rate and inputs from third-party lenders to determine the appropriate discount rate. Lease expense for operating lease payments are recognized on a straight-line basis over the lease term, which, if applicable, may factor in renewal or termination options. Finance leases incur interest expense using the effective interest method in addition to amortization of the leased asset on a straight-line basis, both over the applicable lease term. Lease terms may factor in options to extend or terminate the lease. We adhere to the short-term lease recognition exemption for all classes of assets (i.e. facilities and equipment). As a result, leases with an initial term of twelve months or less are not recorded on the balance sheet and are recognized on a straight-line basis over the lease term. In addition, for certain equipment leases, we account for lease and non-lease components, such as services, as a single lease component as permitted. Dividends We record cash dividends as reductions to retained earnings upon declaration, with a corresponding increase to current liabilities, based on common shares outstanding on the record date. In addition, as part of our share-based compensation program, the terms of our restricted stock units (“RSUs”) and performance-based restricted stock units (“PBRSUs”) stipulate that holders of these awards are credited with dividend equivalent units on each date that a cash dividend is paid to holders of common stock. These dividend equivalents are subject to the same vesting and performance requirements of the underlying units and therefore are forfeitable (i.e. non-participating). Upon declaration of a dividend, we record dividend equivalents as a reduction to retained earnings, derived from the number of eligible unvested shares, with a corresponding increase to additional paid-in-capital. In December 2019, we announced that our Board of Directors initiated and declared a cash dividend of $0.22 per common share. As a result, as of December 31, 2019 , we recorded a liability of $17.4 million within accounts payable and other accrued expenses, as well as $0.4 million in dividend equivalents reflected in additional paid-in-capital within our accompanying consolidated balance sheets. The dividend declared was paid in January 2020 to shareholders of record at the close of business on January 10, 2020. In April 2020, the Board of Directors announced a cash dividend to common shareholders of $0.22 per share of common stock to be paid in June 2020. Discontinued Operations As of March 31, 2020 , and December 31, 2019 , we recorded assets of discontinued operations of $6.3 million within prepaid expenses and other current assets within our condensed consolidated balance sheets, mainly consisting of income tax-related assets. Additionally, as of March 31, 2020 and December 31, 2019 , we recorded liabilities of $0.4 million within accounts payable and other accrued expenses, which mainly consisted of legal-related accruals. Tax Escrow Disbursement Arrangements We administer tax escrow disbursements as a service to our clients in connection with our tax services business. Funds to be disbursed are deposited and maintained in segregated accounts for the benefit of our clients and totaled $6.8 billion and $1.4 billion as of March 31, 2020 and December 31, 2019 , respectively. Because these deposits are held on behalf of our clients, they are not our funds and, therefore, are not included in the accompanying condensed consolidated balance sheets. These deposits generally remain in the accounts for a period of two to five business days. We record credits from these activities as a reduction to related administrative expenses, including the cost of bank fees and other administration costs. Under our contracts with our clients, if we make a payment in error or fail to pay a taxing authority when a payment is due, we could be held liable to our clients for all or part of the financial loss they suffer as a result of our act or omission. We maintained total claim reserves relating to incorrect disposition of assets of $22.4 million and $22.7 million as of March 31, 2020 and December 31, 2019 , respectively. Within both of these amounts, $9.8 million are short-term and are reflected within accounts payable and other accrued expenses within our accompanying condensed consolidated balance sheets. The remaining reserves are reflected within other liabilities. Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board ("FASB") issued guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform, in connection with the scheduled phase-out of LIBOR as a reference interest rate. The guidance provides practical expedients and exceptions in accounting for contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. Entities electing the practical expedients will be allowed, among other topics, to account for reference rate modification of debt and receivables prospectively; to not reassess lease classifications and discount rates in reference rate lease modifications; and ease cash-flow hedge effectiveness testing guidelines for hedges affected by reference rate reform. The guidance is effective as of March 12, 2020 through December 31, 2022 with adoption permitted as of any date within the aforementioned time frame from the beginning of the selected interim period on a prospective basis. We have elected to adopt the guidance in the current quarter which has not had a material effect on our condensed consolidated financial statements. In December 2019, as part of a simplification initiative, the FASB issued guidance to remove certain exceptions and added further guidance to simplify the accounting for income taxes. The exceptions that were removed relate to recognizing deferred taxes for investments, performing intra-period allocation, and calculating income taxes in interim periods. The guidance reduces the complexity of recognizing deferred taxes for tax goodwill and allocating taxes to entities of a consolidated group. The guidance is effective for fiscal years beginning after December 15, 2020 with early adoption permitted. We elected to early adopt on January 1, 2020 via the modified retrospective method with a cumulative effect adjustment at the date of initial application, resulting in an increase to retained earnings of $16.8 million which represents the release of a deferred tax liability that had previously been established for the outside basis difference of an equity method investment that later became a subsidiary. In November 2018, the FASB issued guidance to clarify the definition and interaction of collaborative arrangements with previously issued guidance on revenue recognition. This guidance is effective for fiscal years beginning after December 15, 2019 on a retrospective basis to the date of the initial adoption of the revenue standard. We have adopted this guidance in the current year as required, which has not had a material impact on our condensed consolidated financial statements. In August 2018, the FASB issued guidance that amends fair value disclosure requirements. The guidance removes disclosure requirements on the transfers between Level 1 and Level 2 of the fair value hierarchy in addition to the disclosure requirements on the policy for timing of transfers between levels and the valuation process for Level 3 fair value measurements. The guidance clarifies the measurement uncertainty disclosure and adds disclosure requirements for Level 3 unrealized gains and losses and significant unobservable inputs used to develop Level 3 fair value measurements. The guidance is effective for fiscal years beginning after December 15, 2019. Entities were permitted to early adopt any removed or modified disclosures upon issuance and delay adoption of the additional disclosures until the effective date. We early adopted the removal of disclosure provisions of the new guidance in 2018 and adopted the measurement uncertainty disclosure and additional Level 3 disclosures in the current year as required. Adoption of this guidance has not had a material impact on our condensed consolidated financial statements. In June 2016, the FASB issued guidance for accounting of credit losses affecting the impairment model for most financial assets and certain other instruments. Entities are required to use a forward-looking current expected credit loss model for trade and other receivables, held-to-maturity debt securities, loans, and other instruments, which will generally lead to an earlier recognition of loss allowances. Entities will recognize expected losses on available-for-sale debt securities as allowances rather than a reduction in amortized cost of the security while the measurement process of such loss does not change. Disclosure requirements are expanded regarding an entity’s assumptions, models, and methods of estimations of the allowance. The guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. In November 2018 and 2019, the FASB issued updates to this standard which, amongst other items, clarified that impairment of receivables arising from operating leases should be accounted for under applicable leasing guidance. We have adopted this guidance in the current year as required, which has not had a material impact on our condensed consolidated financial statements.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
Property and Equipment, Net	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net as of March 31, 2020 and December 31, 2019 consists of the following: (in thousands) 2020 2019 Land $ 7,476 $ 7,476 Buildings 6,487 6,487 Furniture and equipment 71,993 74,978 Capitalized software 906,590 916,820 Leasehold improvements 49,858 48,811 Construction in progress 480 3,064 1,042,884 1,057,636 Less accumulated depreciation (598,886 ) (606,615 ) Property and equipment, net $ 443,998 $ 451,021 Depreciation expense for property and equipment, net, was approximately $23.2 million and $23.4 million for the three months ended March 31, 2020 and 2019 , respectively.

Goodwill, Net

Goodwill, Net	3 Months Ended
Goodwill, Net	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Net	Goodwill, Net A reconciliation of the changes in the carrying amount of goodwill and accumulated impairment losses, by reporting unit, for the three months ended March 31, 2020 is as follows: (in thousands) PIRM UWS Consolidated Balance as of January 1, 2020 Goodwill $ 1,107,494 $ 1,296,127 $ 2,403,621 Accumulated impairment losses (600 ) (6,925 ) (7,525 ) Goodwill, net 1,106,894 1,289,202 2,396,096 Acquisition 12,301 — 12,301 Measurement period adjustments — (98 ) (98 ) Translation adjustments (26,990 ) — (26,990 ) Balance as of March 31, 2020 Goodwill, net $ 1,092,205 $ 1,289,104 $ 2,381,309 See Note 12 - Acquisitions for discussion of current year acquisition and measurement period adjustments.

Other Intangible Assets, Net

Other Intangible Assets, Net	3 Months Ended
Other Intangible Assets, Net	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets, Net	Other Intangible Assets, Net Other intangible assets, net consists of the following: March 31, 2020 December 31, 2019 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Client lists $ 650,380 $ (352,847 ) $ 297,533 $ 662,611 $ (354,011 ) $ 308,600 Non-compete agreements 26,746 (17,565 ) 9,181 26,409 (16,249 ) 10,160 Tradenames and licenses 126,173 (68,462 ) 57,711 127,176 (67,118 ) 60,058 $ 803,299 $ (438,874 ) $ 364,425 $ 816,196 $ (437,378 ) $ 378,818 Amortization expense for other intangible assets, net was $14.3 million and $16.6 million for the three months ended March 31, 2020 and 2019 , respectively. Estimated amortization expense for other intangible assets, net is as follows: (in thousands) Remainder of 2020 $ 42,951 2021 54,061 2022 52,314 2023 44,156 2024 37,821 Thereafter 133,122 $ 364,425

Long-Term Debt

Long-Term Debt	3 Months Ended
Long-Term Debt	Mar. 31, 2020
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Our long-term debt consists of the following: March 31, 2020 December 31, 2019 (in thousands) Gross Debt Issuance Costs Net Gross Debt Issuance Costs Net Bank debt: Term loan facility borrowings due May 2024, weighted-average interest rate of 3.42% as of March 31, 2020 $ 1,672,188 $ (13,996 ) $ 1,658,192 $ 1,672,188 $ (14,868 ) $ 1,657,320 Revolving line of credit borrowings due May 2024, weighted-average interest rate of 3.42% as of March 31, 2020 — (6,064 ) (6,064 ) — (6,425 ) (6,425 ) Notes: 7.55% senior debentures due April 2028 9,531 (25 ) 9,506 9,524 (26 ) 9,498 Other debt: Various debt instruments with maturities through March 2024 5,597 — 5,597 6,167 — 6,167 Total long-term debt 1,687,316 (20,085 ) 1,667,231 1,687,879 (21,319 ) 1,666,560 Less current portion of long-term debt 77,724 — 77,724 56,022 — 56,022 Long-term debt, net of current portion $ 1,609,592 $ (20,085 ) $ 1,589,507 $ 1,631,857 $ (21,319 ) $ 1,610,538 As of March 31, 2020 and December 31, 2019 , we recorded $0.6 million and $0.4 million , respectively, of accrued interest expense on our debt-related instruments within accounts payable and other accrued expenses. Credit Agreement In May 2019, we amended and restated our credit agreement (the “Credit Agreement”) with Bank of America, N.A., as the administrative agent, and other financial institutions. The Credit Agreement provides for a $1.8 billion 5 -year term loan facility (the “Term Facility”), and a $750.0 million 5-year revolving credit facility (the “Revolving Facility”). The Term Facility matures, and the Revolving Facility expires, in May 2024. The Revolving Facility includes a $100.0 million multi-currency revolving sub-facility and a $50.0 million letter of credit sub-facility. The Credit Agreement also provides for the ability to increase the Term Facility and Revolving Facility by up to $300.0 million in the aggregate; however, the lenders are not obligated to do so. As of March 31, 2020 , we had a remaining borrowing capacity of $750.0 million under the Revolving Facility and we were in compliance with all financial and restrictive covenants under the Credit Agreement. Debt Issuance Costs In connection with the amendment and restatement of the Credit Agreement, in May 2019, we incurred approximately $9.7 million of debt issuance costs of which $9.6 million were initially capitalized within long-term debt, net of current, in the accompanying condensed consolidated balance sheets. In addition, when we amended and restated the Credit Agreement, we wrote-off previously unamortized debt issuance costs of $1.5 million within (loss)/gain on investments and other, net, in the accompanying consolidated statement of operations, which resulted in a remaining $14.6 million of previously unamortized costs. We will amortize all of these costs over the term of the Credit Agreement. For the three months ended March 31, 2020 and 2019 , $1.2 million and $1.3 million , respectively, were recognized in the accompanying condensed consolidated statements of operations related to the amortization of debt issuance costs. 7.55% Senior Debentures In April 1998, we issued $100.0 million in aggregate principal amount of 7.55% senior debentures due 2028. The indentures governing these debentures, as amended, contain limited restrictions on us. Interest Rate Swaps We have entered into amortizing interest rate swaps (“Swaps”) in order to convert a portion of our interest rate exposure on the Term Facility floating rate borrowings from variable to fixed. Under the Swaps, we agree to exchange floating rate for fixed rate interest payments periodically over the life of the agreement. The floating rates in our Swaps are based on the one-month London interbank offering rate ("LIBOR"). The notional balances, terms and maturities of our Swaps are designed to have the effect of fixing the rate of interest on at least 50% of the principal balance of our senior term debt. As of March 31, 2020 , the Swaps have a combined remaining notional balance of $1.3 billion , a weighted average fixed interest rate of 2.08% (rates range from 0.66% to 2.98% ), and scheduled terminations through December 2025 . Notional balances under our Swaps are scheduled to increase and decrease based on our expectations of the level of variable rate debt to be in effect in future periods. Currently, we have scheduled notional amounts of between $1.3 billion and $1.2 billion through September 2021 , then $1.1 billion and $1.0 billion through August 2022 , and $496.8 million and $465.0 million through December 2025 . Approximate weighted average fixed interest rates for the aforementioned time periods are 2.51% , 2.64% , and 2.61% , respectively. We have designated the Swaps as cash flow hedges. The estimated fair values of these cash flow hedges are recorded in prepaid expenses and other current assets or other assets as well as accounts payable and other accrued expenses or other liabilities in the accompanying condensed consolidated balance sheets. As of March 31, 2020 , the estimated fair value of these cash flow hedges resulted in a liability of $96.3 million of which $6.2 million was recorded within accounts payable and other accrued expenses. As of December 31, 2019 , the estimated fair value of these cash flow hedges resulted in an asset of $0.6 million which was recorded within prepaid expenses and other current assets, as well as a liability of $47.7 million recorded within other liabilities. Unrealized losses of $36.9 million (net of $12.3 million in deferred taxes) and $12.2 million (net of $4.1 million in deferred taxes) for the three months ended March 31, 2020 and 2019 , respectively, were recognized in other comprehensive loss related to the Swaps. As a result of our Swap activity, for the three months ended March 31, 2020 and 2019 , included within interest expense, on a pre-tax basis, we recognized interest expense of $15.8 million and interest income of $1.7 million , respectively. Estimated net losses included in accumulated other comprehensive loss related to the Swaps as of March 31, 2020 , that will be reclassified into earnings as interest expense over the next 12 months, utilizing March 31, 2020 LIBOR, is estimated to be $21.1 million , on a pre-tax basis.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
Fair Value of Financial Instruments	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value Fair value is the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We utilize market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The market approach is applied for recurring fair value measurements and endeavors to utilize the best available information. Accordingly, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. Fair value balances are classified based on the observability of those inputs. A fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). Level 2 measurements utilize observable inputs in active markets for similar assets and liabilities, or, quoted prices in markets that are not active. In estimating fair value, we used the following methods and assumptions: Cash and Cash Equivalents For cash and cash equivalents, the carrying value is a reasonable estimate of fair value due to the short-term nature of the instruments. Restricted Cash Restricted cash is comprised of deposits that are pledged for various letters of credit/bank guarantees secured by us, escrow accounts due to acquisitions and divestitures, as well as short-term investments within our deferred compensation plan trust. We deem the carrying value to be a reasonable estimate of fair value due to the nature of these instruments. Other Investments Other investments are currently comprised of a minority equity investment in a foreign enterprise which we measure at cost and adjust to fair value on a quarterly basis when there are observable price changes in orderly transactions for the identical, or similar, investments. Changes in fair value are recorded within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations. Contingent Consideration The fair value of our contingent consideration was estimated using the Monte-Carlo simulation model, which relies on significant assumptions and estimates including discount rates and future market conditions, among others. Long-Term Debt The fair value of debt was estimated based on the current rates available to us for similar debt of the same remaining maturities and consideration of our default and credit risk. Swaps The fair values of the Swaps were estimated based on market-value quotes received from the counterparties to the agreements. The fair values of our financial instruments as of March 31, 2020 are presented in the following table: (in thousands) Fair Value Measurements Using As of March 31, 2020 Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 152,822 $ — $ — $ 152,822 Restricted cash 8,196 1,696 — 9,892 Other investments — 2,232 — 2,232 Total $ 161,018 $ 3,928 $ — $ 164,946 Financial Liabilities: Contingent consideration $ — $ — $ 3,700 $ 3,700 Total debt — 1,688,230 — 1,688,230 Total $ — $ 1,688,230 $ 3,700 $ 1,691,930 Derivatives: Liability for Swaps $ — $ 96,272 $ — $ 96,272 As of December 31, 2019 Financial Assets: Cash and cash equivalents $ 105,185 $ — $ — $ 105,185 Restricted cash 9,791 726 — 10,517 Other investments — 1,898 — 1,898 Total $ 114,976 $ 2,624 $ — $ 117,600 Financial Liabilities: Contingent consideration $ — $ — $ 4,509 $ 4,509 Total debt — 1,690,731 — 1,690,731 Total $ — $ 1,690,731 $ 4,509 $ 1,695,240 Derivatives: Asset for Swaps $ — $ 572 $ — $ 572 Liability for Swaps $ — $ 47,691 $ — $ 47,691 In connection with certain acquisitions in 2017, we entered into contingent consideration agreements for up to $20.5 million in cash by 2022 upon the achievement of certain revenue targets ending in fiscal year 2021. These contingent payments were originally recorded at a fair value of $6.2 million using the Monte-Carlo simulation model. In connection with the 2019 acquisition of National Tax Search, LLC (“NTS”), we entered into a contingent consideration agreement for up to $7.5 million in cash based upon certain revenue targets in fiscal years 2020 and 2021. This contingent consideration has been assessed with no fair value as of March 31, 2020 using the Monte-Carlo simulation model. The contingent payments are remeasured at fair value quarterly, and changes are recorded within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations. During the three months ended March 31, 2020 , we decreased the fair value of our contingent consideration by $0.8 million and recorded the gain in our condensed consolidated statement of operations. During the three months ended March 31, 2019 , we increased the fair value of our contingent consideration by $0.4 million and recorded the loss in our condensed consolidated statement of operations. Due to observable price changes in an inactive market, for the three months ended March 31, 2019 we recorded an unfavorable fair value adjustment of $2.3 million to a minority equity investment, within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations. No adjustments were necessary for the three months ended March 31, 2020 .

Operating Revenues

Operating Revenues	3 Months Ended
Operating Revenues	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Operating Revenues	Operating Revenues Operating revenues by solution type consist of the following: (in thousands) PIRM UWS Corporate and Eliminations Consolidated For the Three Months Ended March 31, 2020 Property insights $ 116,977 $ — $ — $ 116,977 Insurance and spatial solutions 46,840 — — 46,840 Flood data solutions — 27,603 — 27,603 Valuation solutions — 61,247 — 61,247 Credit solutions — 81,127 — 81,127 Property tax solutions — 101,991 — 101,991 Other 9,238 3,653 (4,791 ) 8,100 Total operating revenue $ 173,055 $ 275,621 $ (4,791 ) $ 443,885 For the Three Months Ended March 31, 2019 Property insights $ 118,670 $ — $ — $ 118,670 Insurance and spatial solutions 45,416 — — 45,416 Flood data solutions — 16,976 — 16,976 Valuation solutions — 66,323 — 66,323 Credit solutions — 67,814 — 67,814 Property tax solutions — 86,582 — 86,582 Other 11,722 6,823 (2,618 ) 15,927 Total operating revenue $ 175,808 $ 244,518 $ (2,618 ) $ 417,708 Property Insights Our property insights solutions combine our patented predictive analytics with our proprietary and contributed data to enable our clients to improve customer acquisition and retention, detect and prevent fraud, improve mortgage transaction cycle time and cost efficiency, identify real estate trends and neighborhood characteristics, track market performance, and increase market share. Our data is comprised of real estate information, incorporating crime, site inspection, neighborhood, document images, and other information from proprietary sources. We also offer verification of applicant income, identity and employment services. We typically license data in one of two forms: bulk data licensing and transactional licensing. Operating revenue for bulk data licensing contracts that provide a stand-ready obligation or include substantive updates to the intellectual property is recognized ratably over the contractual term; otherwise, operating revenue is recognized upon delivery. For transactional licensing, we recognize operating revenue based on usage. Insurance and Spatial Solutions Our insurance and spatial solutions provide originators and property and casualty insurers the ability to more effectively locate, assess and manage property-level assets and risks through location-based data and analytics. We also provide cloud-based property claims workflow technology for property and casualty insurers. The licensed intellectual property data is generally provided to our clients on a subscription or usage basis. For subscription contracts, operating revenue is recognized ratably over the contractual term once initial delivery has occurred. For contracts to provide a license to data which is delivered via report or data file, operating revenue is recognized when the client obtains control of the products, which is upon delivery. Property Tax Solutions Our property tax solutions are built from aggregated property tax information from over 20,000 taxing authorities. We use this information to advise mortgage lenders and servicers of the property tax payment status of loans in their portfolio and to monitor that status over the life of the loans. If a mortgage lender or servicer requires tax payments to be impounded on behalf of its borrowers, we can also facilitate the transfer of these funds to the taxing authorities and provide the lender or servicer with payment confirmation. Property tax processing revenues are primarily comprised of periodic loan fees and life-of-loan fees. For periodic fee arrangements, we generate monthly fees at a contracted rate for as long as we service the loan. For life- of-loan fee arrangements, we charge a one-time fee when the loan is set-up in our tax servicing system. Life-of-loan fees are deferred and recognized ratably over the expected service period of 10 years and adjusted for early loan cancellation. Revenue recognition rates of loan portfolios are regularly analyzed and adjusted monthly to reflect current trends. Valuation Solutions Our valuation solutions represent property valuation-related data driven services and analytics combined with collateral valuation workflow technologies which assist our clients in assessing risk of loss using both traditional and alternative forms of property valuation, driving process efficiencies as well as ensuring compliance with lender and governmental regulations. We provide collateral information technology and solutions that automate property appraisal ordering, tracking, documentation and review for lender compliance with government regulations. Revenue for the property appraisal service is recognized when the appraisal service is performed and delivered to the client. In addition, to the extent that we provide continuous access to the hosted software platform, we recognize operating revenue over the term of the arrangement. Credit Solutions Our credit solutions provide credit and income verification services to the mortgage and automotive industries. We provide comprehensive information, typically in the form of a report, about credit history, income verification, employment verification, and home address history. We normalize the data to provide a broad range of advanced business information solutions designed to reduce risk and improve business performance to mortgage and automotive lenders. Operating revenue is recognized when the report or information is delivered to the client. Flood Data Solutions Our flood data solutions provide flood zone determinations primarily to mortgage lenders in accordance with US Federal legislation passed in 1994, which requires that most lenders obtain a determination of the current flood zone status at the time each loan is originated and obtain applicable updates during the life of the loan if contracted to do so. We also provide flood zone determinations to insurance companies. We generally recognize operating revenue upon delivery of the initial determination. If contracted for life of loan monitoring, we recognize operating revenue over the estimated service period, as adjusted for early loan cancellation. Contract Costs Incremental costs to obtain or fulfill client contracts are recognized as an asset. As of March 31, 2020 , we had $10.3 million of current deferred contract costs which are presented in prepaid expenses and other current assets, as well as $23.2 million of long-term deferred contract costs which are presented in other assets in our condensed consolidated balance sheet. As of December 31, 2019 , we had $9.8 million of current deferred contract costs and $23.1 million of long-term deferred contract costs. Our deferred contract costs primarily include certain set-up and acquisition costs related to property tax solutions, which amortize ratably over an expected 10 -year life, adjusted for early loan cancellations. For the three months ended March 31, 2020 and 2019 , we recorded amortization associated with deferred contract costs of $3.7 million and $3.1 million , respectively. Contract Liabilities We record a contract liability when amounts are invoiced, which is generally prior to the satisfaction of the performance obligation. For property tax solutions, we invoice upfront fees to clients for services to be performed over time. For property insights and insurance and spatial solutions we invoice quarterly and annually, commencing upon execution of the contracts or at the beginning of the license term, as applicable. As of March 31, 2020 , we had $910.0 million in contract liabilities compared to $884.9 million as of December 31, 2019 . The overall change of $25.1 million in contract liability balances are primarily due to $173.4 million of new deferred billings in the current year, partially offset by $147.1 million of operating revenue recognized, of which $100.2 million related to contracts previously deferred, and other decreases of $1.2 million . Remaining Performance Obligations The majority of our arrangements are between one and three years with a significant portion being one year or less. For the remaining population of non-cancellable and fixed arrangements greater than one year, as of March 31, 2020 we had $1.0 billion of remaining performance obligations. We expect to recognize approximately 26% percent of this remaining revenue backlog in 2020 , 26% in 2021 , 17% in 2022 and 31% thereafter. See further discussion of performance obligations in Note 1 - Basis for Condensed Consolidated Financial Statements .

Share-Based Compensation

Share-Based Compensation	3 Months Ended
Share-Based Compensation	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation We currently issue equity awards under the CoreLogic, Inc. 2018 Performance Incentive Plan (the “Plan”), which was approved by our stockholders at our Annual Meeting held in May 2018. The Plan includes the ability to grant share-based instruments such as RSUs, PBRSUs, and stock options. Prior to the approval of the Plan, we issued share-based awards under the CoreLogic, Inc. 2011 Performance Incentive Plan, as amended, which was preceded by the CoreLogic, Inc. 2006 Incentive Plan. The Plan provides for up to 15,139,084 shares of the Company's common stock to be available for award grants. We have primarily utilized RSUs and PBRSUs as our share-based compensation instruments for employees and directors. The fair value of any share-based compensation instrument grant is based on the market value of our common stock on the date of grant and is recognized as compensation expense over its vesting period. Restricted Stock Units For the three months ended March 31, 2020 and 2019 , we awarded 552,262 and 584,552 RSUs, respectively, with an estimated grant-date fair value of $17.6 million and $21.1 million , respectively. The RSU awards will vest ratably over 3 years. RSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted-Average Grant-Date Fair Value (in thousands, except weighted-average fair value prices) Unvested RSUs outstanding at December 31, 2019 1,032 $ 39.84 RSUs granted 552 $ 31.79 RSUs vested (411 ) $ 39.85 RSUs forfeited (5 ) $ 34.55 Unvested RSUs outstanding at March 31, 2020 1,168 $ 36.08 As of March 31, 2020 , there was $32.6 million of total unrecognized compensation cost related to unvested RSUs that is expected to be recognized over a weighted-average period of 2.2 years . The fair value of RSUs are based on the market value of our common stock on the date of grant. Performance-Based Restricted Stock Units For the three months ended March 31, 2020 and 2019 , we awarded 292,853 and 203,464 PBRSUs, respectively, with an estimated grant-date fair value of $11.4 million and $7.5 million , respectively. These awards are generally subject to service-based, performance-based, and market-based vesting conditions. The service and performance period for the 2020 grants is from January 2020 to December 2022 and the performance metric is adjusted earnings per share. The performance and service period for the PBRSUs awarded in the first quarter of 2019 is from January 2019 to December 2021. These awards are generally subject to service-based, performance-based, and market-based vesting conditions with the performance metric as adjusted earnings per share. Additionally, within our unvested PBRSUs, there are prior year grants which do not include market-based conditions but have adjusted EBITDA margin or organic revenue growth rate as the performance metric. The fair values of the awards containing market-based vesting conditions were estimated using Monte-Carlo simulation with the following weighted-average assumptions: For the Three Months Ended March 31, 2020 2019 Expected dividend yield (1) — % — % Risk-free interest rate (2) 0.60 % 2.44 % Expected volatility (3) 32.53 % 28.24 % Average total stockholder return (3) (21.47 )% 17.15 % (1) Since PBRSU participants are credited with dividend equivalent shares when dividends are paid, 0.00% was used in the Monte-Carlo simulation which is mathematically equivalent to paying dividend equivalents upon vesting. Please see Note 1 - Basis for Condensed Consolidated Financial Statements for further information regarding dividends. (2) The risk-free interest rate for the periods within the contractual term of the PBRSUs is based on the US Treasury yield curve in effect at the time of the grant. (3) The expected volatility and average total stockholder return are measures of the amount by which a stock price has fluctuated or is expected to fluctuate based primarily on our and our peers' historical data. PBRSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted-Average Grant-Date Fair Value (in thousands, except weighted-average fair value prices) Unvested PBRSUs outstanding at December 31, 2019 636 $ 42.62 PBRSUs granted 293 $ 38.98 PBRSUs vested (184 ) $ 39.50 PBRSUs forfeited (9 ) $ 42.84 Unvested PBRSUs outstanding at March 31, 2020 736 $ 41.95 As of March 31, 2020 , there was $21.2 million of total unrecog n ized compensation cost related to unvested PBRSUs that is expected to be recognized over a weighted-average period of 2.0 years. The fair value of PBRSUs are based on the market value of our common stock on the date of grant. Stock Options Prior to 2015, we issued stock options as incentive compensation for certain employees. Option activity for the three months ended March 31, 2020 is as follows: (in thousands, except weighted-average price) Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Options outstanding at December 31, 2019 479 $ 19.59 Options exercised (9 ) $ 17.34 Options vested, exercisable, and outstanding at March 31, 2020 470 $ 19.63 2.1 $ 5,213 As of March 31, 2020 , there was no unrecognized compensation cost related to unvested stock options. The intrinsic value of options exercised was $0.3 million and less than $0.1 million for the three months ended March 31, 2020 and 2019 , respectively. This intrinsic value represents the difference between the fair market value of our common stock on the date of exercise and the exercise price of each option. Employee Stock Purchase Plan The employee stock purchase plan allows eligible employees to purchase our common stock at 85.0% of the lesser of the closing price on the first day or the last day of each quarter. Our employee stock purchase plan was approved by our stockholders at our 2012 annual meeting of stockholders and the first offering period commenced in October 2012. We recognize an expense for the amount equal to the estimated fair value of the discount during each offering period. The following table sets forth the share-based compensation expense recognized for the three months ended March 31, 2020 and 2019 : (in thousands) 2020 2019 RSUs $ 5,811 $ 7,312 PBRSUs 1,575 1,915 Stock options — — Employee stock purchase plan 699 665 $ 8,085 $ 9,892 The table above includes $0.5 million and $0.8 million of share-based compensation expense within cost of services in the accompanying condensed consolidated statements of operations for the three months ended March 31, 2020 and 2019 , respectively.

Litigation and Regulatory Conti

Litigation and Regulatory Contingencies	3 Months Ended
Litigation and Regulatory Contingencies	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Litigation and Regulatory Contingencies	Litigation and Regulatory Contingencies We have been named in various lawsuits and we are from time to time subject to audit or investigation by governmental agencies arising in the ordinary course of business. With respect to matters where we determine that a loss is both probable and reasonably estimable, we record a liability representing our best estimate of the financial exposure based on known facts. For matters where a settlement has been reached, we record the expected amount of such settlements. With respect to audits, investigations or lawsuits that are ongoing, although their final dispositions are not yet determinable, we do not believe that the ultimate resolution of such matters, either individually or in the aggregate, will have a material adverse effect on our financial condition, results of operations or cash flows. The ability to predict the ultimate outcome of such matters involves judgments, estimates and inherent uncertainties. The actual outcome of such matters could differ materially from management’s estimates. We record expenses for legal fees as incurred. Fair Credit Reporting Act Class Actions In July 2017, Rental Property Solutions, LLC (“RPS”) was named as a defendant in Claudinne Feliciano, et. al., v. CoreLogic SafeRent, LLC, a putative class action lawsuit in the US District Court for the Southern District of New York. The named plaintiff alleges that RPS prepared a background screening report about her that contained a record of a New York Housing Court action without noting that the action had previously been dismissed. On this basis, she seeks damages under the Fair Credit Reporting Act and the New York Fair Credit Reporting Act on behalf of herself and a class of similarly situated consumers with respect to reports issued during the period of July 2015 to the present. In July 2019, the District Court issued an order certifying a class of approximately 2,000 consumers. We filed a petition for review of the certification order to the Second Circuit Court of Appeals, which was denied in November 2019. Separation Following the Separation, we are responsible for a portion of First American Financial Corporation's ("FAFC") contingent and other corporate liabilities. In the Separation and Distribution Agreement we entered into in connection with the Separation, we agreed with FAFC to share equally in the cost of resolution of a small number of corporate-level lawsuits, including certain consolidated securities litigation matters from which we have since been dropped. There were no liabilities incurred in connection with the consolidated securities matters. Responsibility to manage each case has been assigned to either FAFC or us, with the managing party required to update the other party regularly and consult with each other prior to certain important decisions, such as settlement. The managing party will also have primary responsibility for determining the ultimate total liability, if any, related to the applicable case. We will record our share of any such liability when the responsible party determines a reserve is necessary. As of March 31, 2020 , no reserves were considered necessary. In addition, the Separation and Distribution Agreement provides for cross-indemnities principally designed to place financial responsibility for the obligations and liabilities of our predecessor, The First American Corporation's ("FAC") financial services business, with FAFC and financial responsibility for the obligations and liabilities of FAC's information solutions business with us. Specifically, each party will, and will cause its subsidiaries and affiliates to, indemnify, defend and hold harmless the other party, its respective affiliates and subsidiaries and each of its respective officers, directors, employees and agents for any losses arising out of or otherwise in connection with the liabilities each such party assumed or retained pursuant to the Separation.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate for income taxes as a percentage of income from continuing operations before equity in earnings/(losses) of affiliates and income taxes was 28.0% and 32.9% for the three months ended March 31, 2020 and 2019 , respectively. For the three months ended March 31, 2020 , when compared to the three months ended 2019 , the decrease in the effective income tax rate was primarily due to nonrecurring charges recorded in 2019 related to uncertain tax benefits. We are currently under examination for the years 2010 through 2012 and 2016, by the US Internal Revenue Service ("IRS"), our primary taxing authority, and for other years by various other taxing authorities. It is reasonably possible the amount of the unrecognized benefits, as well as the valuation allowance with respect to certain tax attributes, could be significantly impacted which would have an impact on net income. In the next 12 months we expect expiration of statutes of limitations on reserves of approximately $1.3 million and the release of reserves and allowances of approximately $17 million to $20 million upon the conclusion of the IRS examination for years 2010 through 2012.

Earnings Per Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following is a reconciliation of net income per share: For the Three Months Ended March 31, 2020 2019 (in thousands, except per share amounts) Numerator for basic and diluted net income per share: Net income from continuing operations $ 33,806 $ 1,733 Income/(loss) from discontinued operations, net of tax 13 (46 ) Net income $ 33,819 $ 1,687 Denominator: Weighted-average shares for basic income/(loss) per share 79,028 80,179 Dilutive effect of stock options and RSUs 1,497 1,098 Weighted-average shares for diluted income/(loss) per share 80,525 81,277 Income/(loss) per share Basic: Net income from continuing operations $ 0.43 $ 0.02 Income/(loss) from discontinued operations, net of tax — — Net income $ 0.43 $ 0.02 Diluted: Net income from continuing operations $ 0.42 $ 0.02 Income/(loss) from discontinued operations, net of tax — — Net income $ 0.42 $ 0.02 The dilutive effect of share-based compensation awards has been calculated using the treasury-stock method. For the three months ended March 31, 2020 and 2019 , an aggregate of 0.1 million and 0.5 million , respectively, of PBRSUs and RSUs were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect.

Acquisitions

Acquisitions	3 Months Ended
Acquisitions	Mar. 31, 2020
Business Combinations [Abstract]
Acquisitions	Acquisitions In January 2020, we acquired the remaining 66% of Location for $11.5 million , subject to certain working capital adjustments. Location is a leading provider of geographic location indicators for crime and non-weather related events connected to underwriting risk assessment. This acquisition further progresses our long-term strategic plan by adding scale to our insurance and spatial businesses. Location is included as a component of our Property Intelligence & Risk Management Solutions ("PIRM") segment. The purchase price was allocated to the assets acquired and liabilities assumed using a variety of valuation techniques including discounted cash flow analysis, which included significant unobservable inputs. We have preliminarily recorded proprietary technology of $6.0 million with an estimated useful life of 10 years , client lists of $0.3 million with an estimated useful life of 5 years , trademarks of $0.8 million with an estimated useful life of 8 years , non-compete agreements of $0.4 million with an estimated useful life of 5 years , and goodwill of $12.3 million . In connection with this acquisition, we remeasured our then-existing 34% investment ownership in Location which resulted in a $0.6 million step-up gain that we recorded within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations in the first quarter of 2020. In August 2019, we completed the acquisition of National Tax Search LLC ("NTS") for $15.0 million , subject to certain working capital adjustments, and up to $7.5 million to be paid in cash by 2022, contingent upon the achievement of certain revenue targets in fiscal years 2020 and 2021 (see Note 6 - Fair Value for further details). NTS is a leading provider of commercial property tax payment services and specializes in identifying potential collateral loss related to unpaid property tax, homeowners association fees, and inaccurate flood zone determinations. The NTS acquisition increases the Company's commercial property information offerings and is expected to drive future growth in the US. NTS is included as a component of our Underwriting & Workflow Solutions ("UWS") segment. The purchase price was allocated to the assets acquired and liabilities assumed using a variety of valuation techniques including discounted cash flow analysis, which included significant unobservable inputs. We have preliminarily recorded client lists of $5.0 million with an estimated useful life of 10 years , proprietary technology of $3.3 million with an estimated useful life of 7 years , trademarks of $1.0 million with an estimated useful life of 7 years , non-compete agreements of $0.3 million with an estimated useful life of 5 years , contract liabilities of $2.5 million , and goodwill of $5.4 million , all of which is deductible for tax purposes. For the three months ended March 31, 2020 , goodwill decreased by $0.1 million as a result of a change in the purchase price allocation for certain working capital adjustments. These business combinations did not have a material impact on our condensed consolidated statements of operations. We incurred $0.9 million and less than $0.1 million of acquisition-related costs within selling, general and administrative expenses on our condensed consolidated statement of operations for the three months ended March 31, 2020 and 2019 , respectively.

Segment Information

Segment Information	3 Months Ended
Segment Information	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Information	Segment Information We have organized into two reportable segments: PIRM and UWS. Property Intelligence & Risk Management Solutions . Our PIRM segment combines property information, mortgage information, and consumer information to deliver unique housing market and property-level insights, predictive analytics and risk management capabilities. We have also developed proprietary technology and software platforms to access, automate, and track this information and assist our clients with decision-making and compliance tools in the real estate industry, insurance industry, and the single and multifamily industry. We deliver this information directly to our clients in a standard format over the web, through hosted software platforms, or in bulk data form. Our PIRM solutions include property insights and insurance and spatial solutions in North America, Western Europe, and Asia Pacific. The segment's primary clients are commercial banks, mortgage lenders and brokers, investment banks, fixed-income investors, real estate agents, MLS companies, property and casualty insurance companies, title insurance companies, government agencies, and government-sponsored enterprises. The operating results of our PIRM segment included intercompany revenues of $4.0 million and $1.8 million for the three months ended March 31, 2020 and 2019 , respectively. The segment also included intercompany expenses of $0.8 million for both the three months ended March 31, 2020 and 2019 . Underwriting & Workflow Solutions. Our UWS segment combines property, mortgage, and consumer information to provide comprehensive mortgage origination and monitoring solutions, including, underwriting-related solutions, and data-enabled valuations and appraisals. We have also developed proprietary technology and software platforms to access, automate, and track this information, and assist our clients with vetting and onboarding prospects, meeting compliance regulations and understanding, evaluating, and monitoring property values. Our UWS solutions include property tax solutions, valuation solutions, credit solutions, and flood data solutions in North America. The segment’s primary clients are large, national mortgage lenders and servicers, but we also serve regional mortgage lenders and brokers, credit unions, commercial banks, fixed-income investors, government agencies, and property and casualty insurance companies. The operating results of our UWS segment included intercompany revenues of $0.8 million for both the three months ended March 31, 2020 and 2019 . The segment also included intercompany expenses of $1.8 million for both the three months ended March 31, 2020 and 2019 . We also separately report on our corporate and eliminations. Corporate consists primarily of corporate personnel and other expenses associated with our corporate functions and facilities, investment gains and losses, equity in earnings/(losses) of affiliates, net of tax, and interest expense. The results of our Corporate segment included intercompany expenses of $2.2 million for the three months ended March 31, 2020 and none for 2019 . Selected financial information by reportable segment is as follows: (in thousands) Operating Revenues Depreciation and Amortization Operating Income/(Loss) Equity in Earnings/(Losses) of Affiliates, Net of Tax Net Income/(Loss) From Continuing Operations Capital Expenditures For the Three Months Ended March 31, 2020 PIRM $ 173,055 $ 25,011 $ 18,318 $ 706 $ 19,232 $ 14,076 UWS 275,621 13,245 75,614 — 76,433 1,904 Corporate — 8,587 (26,861 ) (194 ) (61,859 ) 7,796 Eliminations (4,791 ) — — — — — Consolidated (excluding discontinued operations) $ 443,885 $ 46,843 $ 67,071 $ 512 $ 33,806 $ 23,776 For the Three Months Ended March 31, 2019 PIRM $ 175,808 $ 26,799 $ 14,352 $ (524 ) $ 11,387 $ 15,613 UWS 244,518 15,775 45,852 — 45,435 5,768 Corporate — 6,645 (39,000 ) 102 (55,089 ) 11,586 Eliminations (2,618 ) — — — — — Consolidated (excluding discontinued operations) $ 417,708 $ 49,219 $ 21,204 $ (422 ) $ 1,733 $ 32,967 (in thousands) Assets March 31, 2020 December 31, 2019 PIRM $ 1,873,151 $ 1,988,915 UWS 2,165,633 2,159,403 Corporate 5,975,853 5,938,106 Eliminations (5,873,296 ) (5,934,053 ) Consolidated (excluding discontinued operations) $ 4,141,341 $ 4,152,371

Basis of Condensed Consolidat_2

Basis of Condensed Consolidated Financial Statements (Policies)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Client Concentration	Client Concentration We generate the majority of our operating revenues from clients with operations in the US residential real estate, mortgage origination, and mortgage servicing markets. Approximately 31% and 29% of our operating revenues for the three months ended March 31, 2020 and 2019 , respectively, were generated from our top ten clients, who consist of the largest US mortgage originators and servicers. None of our clients individually accounted for greater than 10% of our operating revenues during these periods.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents, and Restricted Cash We deem the carrying value of cash, cash equivalents, and restricted cash to be a reasonable estimate of fair value due to the nature of these instruments. Restricted cash is comprised of deposits that are pledged for various letters of credit/bank guarantees secured by us, escrow accounts due to acquisitions and divestitures, as well as short-term investments within our deferred compensation plan trust. The following table provides a reconciliation of cash, cash equivalents, and restricted cash to amounts shown in the statement of cash flows:
Operating Revenue Recognition	Operating Revenue Recognition We derive our operating revenues primarily from US mortgage lenders, servicers, and insurance companies with good creditworthiness. Operating revenue arrangements are written and specify the products or services to be delivered, pricing, and payment terms. Operating revenue is recognized when the distinct good or service (also referred as "performance obligation"), is delivered and control has been transferred to the client. Generally, clients contract with us to provide products and services that are highly interrelated and not separately identifiable. Therefore, the entire contract is accounted for as one performance obligation. At times, some of our contracts have multiple performance obligations where we allocate the total price to each performance obligation based on the estimated relative standalone selling price using observable sales or the cost-plus-margin approach. For products or services where delivery occurs at a point in time, we recognize operating revenue when the client obtains control of the products upon delivery. When delivery occurs over time, we generally recognize operating revenue ratably over the service period, once initial delivery has occurred. For certain of our products or services, clients may also pay upfront fees, which we defer and recognize as operating revenue over the longer of the contractual term or the expected client relationship period. Licensing arrangements that provide our clients with the right to access or use our intellectual property are considered functional licenses for which we generally recognize operating revenue based on usage. For arrangements that provide a stand-ready obligation or substantive updates to the intellectual property which the client is contractually or practically required to use, we recognize operating revenue ratably over the contractual term. Client payment terms are standard with no significant financing components or extended payment terms granted. In limited cases, we allow for client cancellations for which we estimate a reserve at the point-of-sale. See further discussion in Note 7 - Operating Revenues .
Comprehensive Income	Comprehensive Income
Investment in Affiliates, net	Investment in Affiliates, net Investments in affiliates are accounted for under the equity method of accounting when we are deemed to have significant influence over the affiliate but do not control or have a majority voting interest in the affiliate. Investments are carried at the cost of acquisition, including subsequent impairments, capital contributions and loans from us, plus our equity in undistributed earnings or losses since inception of the investment, less dividends received. We recorded equity in earnings of affiliates, net of tax, of $0.5 million , and equity in losses of affiliates, net of tax, of $0.4 million for the three months ended March 31, 2020 and 2019 , respectively. For both the three months ended March 31, 2020 and 2019 , we had no operating revenues related to our investment in affiliates. We recorded operating expenses related to our investment in affiliates of $0.1 million for the three months ended March 31, 2020 and $0.2 million for the three months ended 2019 , respectively. As of March 31, 2020 , and December 31, 2019 , we had insignificant accounts payable and accounts receivable with these affiliates. In January 2020, we completed the acquisition of the remaining 66% of Location, Inc. ("Location") for $11.5 million , subject to certain working capital adjustments. In connection with this transaction, we remeasured our pre-existing 34% investment balance of $5.6 million to fair value based on the purchase price, resulting in a $0.6 million step-up gain which was recorded within (loss)/gain on investments and other, net, in our condensed consolidated statement of operations for the three months ended March 31, 2020 . The total investment balance was then reclassified in the application of purchase accounting for this acquisition. See Note 12 - Acquisitions for additional information. Prior to the acquisition of the remaining interest, we accounted for Location under the equity method and received dividends of $0.7 million in the first quarter of 2020.
Leases	Leases We determine if an arrangement contains a lease at inception and determine the classification of the lease, as either operating or finance, at commencement. Operating and finance lease assets and liabilities are recorded based on the present value of future lease payments over the lease term which factors in certain qualifying initial direct costs incurred as well as any lease incentives received. If an implicit rate is not readily determinable, we utilize our incremental borrowing rate and inputs from third-party lenders to determine the appropriate discount rate. Lease expense for operating lease payments are recognized on a straight-line basis over the lease term, which, if applicable, may factor in renewal or termination options. Finance leases incur interest expense using the effective interest method in addition to amortization of the leased asset on a straight-line basis, both over the applicable lease term. Lease terms may factor in options to extend or terminate the lease. We adhere to the short-term lease recognition exemption for all classes of assets (i.e. facilities and equipment). As a result, leases with an initial term of twelve months or less are not recorded on the balance sheet and are recognized on a straight-line basis over the lease term. In addition, for certain equipment leases, we account for lease and non-lease components, such as services, as a single lease component as permitted.
Dividends	Dividends We record cash dividends as reductions to retained earnings upon declaration, with a corresponding increase to current liabilities, based on common shares outstanding on the record date. In addition, as part of our share-based compensation program, the terms of our restricted stock units (“RSUs”) and performance-based restricted stock units (“PBRSUs”) stipulate that holders of these awards are credited with dividend equivalent units on each date that a cash dividend is paid to holders of common stock. These dividend equivalents are subject to the same vesting and performance requirements of the underlying units and therefore are forfeitable (i.e. non-participating). Upon declaration of a dividend, we record dividend equivalents as a reduction to retained earnings, derived from the number of eligible unvested shares, with a corresponding increase to additional paid-in-capital.
Discontinued Operations	Discontinued Operations As of March 31, 2020 , and December 31, 2019 , we recorded assets of discontinued operations of $6.3 million within prepaid expenses and other current assets within our condensed consolidated balance sheets, mainly consisting of income tax-related assets. Additionally, as of March 31, 2020 and December 31, 2019 , we recorded liabilities of $0.4 million
Tax Escrow Disbursement Arrangements	Tax Escrow Disbursement Arrangements We administer tax escrow disbursements as a service to our clients in connection with our tax services business. Funds to be disbursed are deposited and maintained in segregated accounts for the benefit of our clients and totaled $6.8 billion and $1.4 billion as of March 31, 2020 and December 31, 2019 , respectively. Because these deposits are held on behalf of our clients, they are not our funds and, therefore, are not included in the accompanying condensed consolidated balance sheets. These deposits generally remain in the accounts for a period of two to five business days. We record credits from these activities as a reduction to related administrative expenses, including the cost of bank fees and other administration costs. Under our contracts with our clients, if we make a payment in error or fail to pay a taxing authority when a payment is due, we could be held liable to our clients for all or part of the financial loss they suffer as a result of our act or omission. We maintained total claim reserves relating to incorrect disposition of assets of $22.4 million and $22.7 million as of March 31, 2020 and December 31, 2019 , respectively. Within both of these amounts, $9.8 million are short-term and are reflected within accounts payable and other accrued expenses within our accompanying condensed consolidated balance sheets. The remaining reserves are reflected within other liabilities.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board ("FASB") issued guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform, in connection with the scheduled phase-out of LIBOR as a reference interest rate. The guidance provides practical expedients and exceptions in accounting for contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. Entities electing the practical expedients will be allowed, among other topics, to account for reference rate modification of debt and receivables prospectively; to not reassess lease classifications and discount rates in reference rate lease modifications; and ease cash-flow hedge effectiveness testing guidelines for hedges affected by reference rate reform. The guidance is effective as of March 12, 2020 through December 31, 2022 with adoption permitted as of any date within the aforementioned time frame from the beginning of the selected interim period on a prospective basis. We have elected to adopt the guidance in the current quarter which has not had a material effect on our condensed consolidated financial statements. In December 2019, as part of a simplification initiative, the FASB issued guidance to remove certain exceptions and added further guidance to simplify the accounting for income taxes. The exceptions that were removed relate to recognizing deferred taxes for investments, performing intra-period allocation, and calculating income taxes in interim periods. The guidance reduces the complexity of recognizing deferred taxes for tax goodwill and allocating taxes to entities of a consolidated group. The guidance is effective for fiscal years beginning after December 15, 2020 with early adoption permitted. We elected to early adopt on January 1, 2020 via the modified retrospective method with a cumulative effect adjustment at the date of initial application, resulting in an increase to retained earnings of $16.8 million which represents the release of a deferred tax liability that had previously been established for the outside basis difference of an equity method investment that later became a subsidiary. In November 2018, the FASB issued guidance to clarify the definition and interaction of collaborative arrangements with previously issued guidance on revenue recognition. This guidance is effective for fiscal years beginning after December 15, 2019 on a retrospective basis to the date of the initial adoption of the revenue standard. We have adopted this guidance in the current year as required, which has not had a material impact on our condensed consolidated financial statements. In August 2018, the FASB issued guidance that amends fair value disclosure requirements. The guidance removes disclosure requirements on the transfers between Level 1 and Level 2 of the fair value hierarchy in addition to the disclosure requirements on the policy for timing of transfers between levels and the valuation process for Level 3 fair value measurements. The guidance clarifies the measurement uncertainty disclosure and adds disclosure requirements for Level 3 unrealized gains and losses and significant unobservable inputs used to develop Level 3 fair value measurements. The guidance is effective for fiscal years beginning after December 15, 2019. Entities were permitted to early adopt any removed or modified disclosures upon issuance and delay adoption of the additional disclosures until the effective date. We early adopted the removal of disclosure provisions of the new guidance in 2018 and adopted the measurement uncertainty disclosure and additional Level 3 disclosures in the current year as required. Adoption of this guidance has not had a material impact on our condensed consolidated financial statements. In June 2016, the FASB issued guidance for accounting of credit losses affecting the impairment model for most financial assets and certain other instruments. Entities are required to use a forward-looking current expected credit loss model for trade and other receivables, held-to-maturity debt securities, loans, and other instruments, which will generally lead to an earlier recognition of loss allowances. Entities will recognize expected losses on available-for-sale debt securities as allowances rather than a reduction in amortized cost of the security while the measurement process of such loss does not change. Disclosure requirements are expanded regarding an entity’s assumptions, models, and methods of estimations of the allowance. The guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. In November 2018 and 2019, the FASB issued updates to this standard which, amongst other items, clarified that impairment of receivables arising from operating leases should be accounted for under applicable leasing guidance. We have adopted this guidance in the current year as required, which has not had a material impact on our condensed consolidated financial statements.

Basis of Condensed Consolidat_3

Basis of Condensed Consolidated Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, and restricted cash to amounts shown in the statement of cash flows: (in thousands) March 31, 2020 March 31, 2019 Cash and cash equivalents $ 152,822 $ 86,828 Restricted cash included in other assets 9,714 11,134 Restricted cash included in prepaid expenses and other current assets 178 1,985 Total cash, cash equivalents, and restricted cash $ 162,714 $ 99,947
Schedule of Accumulated Other Comprehensive Loss	The following table shows the components of accumulated other comprehensive loss, net of taxes, as of March 31, 2020 and December 31, 2019 : (in thousands) 2020 2019 Cumulative foreign currency translation $ (161,193 ) $ (122,503 ) Cumulative supplemental benefit plans (8,730 ) (8,917 ) Net unrecognized losses on interest rate swaps (72,253 ) (35,296 ) Reclassification adjustment for gain on terminated interest rate swap included in net income — (67 ) Accumulated other comprehensive loss $ (242,176 ) $ (166,783 )

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
Property and Equipment, Net (Tables)	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net as of March 31, 2020 and December 31, 2019 consists of the following: (in thousands) 2020 2019 Land $ 7,476 $ 7,476 Buildings 6,487 6,487 Furniture and equipment 71,993 74,978 Capitalized software 906,590 916,820 Leasehold improvements 49,858 48,811 Construction in progress 480 3,064 1,042,884 1,057,636 Less accumulated depreciation (598,886 ) (606,615 ) Property and equipment, net $ 443,998 $ 451,021

Goodwill, Net (Tables)

Goodwill, Net (Tables)	3 Months Ended
Goodwill, Net (Tables)	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	A reconciliation of the changes in the carrying amount of goodwill and accumulated impairment losses, by reporting unit, for the three months ended March 31, 2020 is as follows: (in thousands) PIRM UWS Consolidated Balance as of January 1, 2020 Goodwill $ 1,107,494 $ 1,296,127 $ 2,403,621 Accumulated impairment losses (600 ) (6,925 ) (7,525 ) Goodwill, net 1,106,894 1,289,202 2,396,096 Acquisition 12,301 — 12,301 Measurement period adjustments — (98 ) (98 ) Translation adjustments (26,990 ) — (26,990 ) Balance as of March 31, 2020 Goodwill, net $ 1,092,205 $ 1,289,104 $ 2,381,309

Other Intangible Assets, Net (T

Other Intangible Assets, Net (Tables)	3 Months Ended
Other Intangible Assets, Net (Tables)	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets by Major Class	Other intangible assets, net consists of the following: March 31, 2020 December 31, 2019 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Client lists $ 650,380 $ (352,847 ) $ 297,533 $ 662,611 $ (354,011 ) $ 308,600 Non-compete agreements 26,746 (17,565 ) 9,181 26,409 (16,249 ) 10,160 Tradenames and licenses 126,173 (68,462 ) 57,711 127,176 (67,118 ) 60,058 $ 803,299 $ (438,874 ) $ 364,425 $ 816,196 $ (437,378 ) $ 378,818
Schedule of Expected Amortization Expense	Estimated amortization expense for other intangible assets, net is as follows: (in thousands) Remainder of 2020 $ 42,951 2021 54,061 2022 52,314 2023 44,156 2024 37,821 Thereafter 133,122 $ 364,425

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
Long-Term Debt (Tables)	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Our long-term debt consists of the following: March 31, 2020 December 31, 2019 (in thousands) Gross Debt Issuance Costs Net Gross Debt Issuance Costs Net Bank debt: Term loan facility borrowings due May 2024, weighted-average interest rate of 3.42% as of March 31, 2020 $ 1,672,188 $ (13,996 ) $ 1,658,192 $ 1,672,188 $ (14,868 ) $ 1,657,320 Revolving line of credit borrowings due May 2024, weighted-average interest rate of 3.42% as of March 31, 2020 — (6,064 ) (6,064 ) — (6,425 ) (6,425 ) Notes: 7.55% senior debentures due April 2028 9,531 (25 ) 9,506 9,524 (26 ) 9,498 Other debt: Various debt instruments with maturities through March 2024 5,597 — 5,597 6,167 — 6,167 Total long-term debt 1,687,316 (20,085 ) 1,667,231 1,687,879 (21,319 ) 1,666,560 Less current portion of long-term debt 77,724 — 77,724 56,022 — 56,022 Long-term debt, net of current portion $ 1,609,592 $ (20,085 ) $ 1,589,507 $ 1,631,857 $ (21,319 ) $ 1,610,538

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
Fair Value of Financial Instruments (Tables)	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	(in thousands) Fair Value Measurements Using As of March 31, 2020 Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 152,822 $ — $ — $ 152,822 Restricted cash 8,196 1,696 — 9,892 Other investments — 2,232 — 2,232 Total $ 161,018 $ 3,928 $ — $ 164,946 Financial Liabilities: Contingent consideration $ — $ — $ 3,700 $ 3,700 Total debt — 1,688,230 — 1,688,230 Total $ — $ 1,688,230 $ 3,700 $ 1,691,930 Derivatives: Liability for Swaps $ — $ 96,272 $ — $ 96,272 As of December 31, 2019 Financial Assets: Cash and cash equivalents $ 105,185 $ — $ — $ 105,185 Restricted cash 9,791 726 — 10,517 Other investments — 1,898 — 1,898 Total $ 114,976 $ 2,624 $ — $ 117,600 Financial Liabilities: Contingent consideration $ — $ — $ 4,509 $ 4,509 Total debt — 1,690,731 — 1,690,731 Total $ — $ 1,690,731 $ 4,509 $ 1,695,240 Derivatives: Asset for Swaps $ — $ 572 $ — $ 572 Liability for Swaps $ — $ 47,691 $ — $ 47,691

Operating Revenues (Tables)

Operating Revenues (Tables)	3 Months Ended
Operating Revenues (Tables)	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Operating revenues by solution type consist of the following: (in thousands) PIRM UWS Corporate and Eliminations Consolidated For the Three Months Ended March 31, 2020 Property insights $ 116,977 $ — $ — $ 116,977 Insurance and spatial solutions 46,840 — — 46,840 Flood data solutions — 27,603 — 27,603 Valuation solutions — 61,247 — 61,247 Credit solutions — 81,127 — 81,127 Property tax solutions — 101,991 — 101,991 Other 9,238 3,653 (4,791 ) 8,100 Total operating revenue $ 173,055 $ 275,621 $ (4,791 ) $ 443,885 For the Three Months Ended March 31, 2019 Property insights $ 118,670 $ — $ — $ 118,670 Insurance and spatial solutions 45,416 — — 45,416 Flood data solutions — 16,976 — 16,976 Valuation solutions — 66,323 — 66,323 Credit solutions — 67,814 — 67,814 Property tax solutions — 86,582 — 86,582 Other 11,722 6,823 (2,618 ) 15,927 Total operating revenue $ 175,808 $ 244,518 $ (2,618 ) $ 417,708

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
Share-Based Compensation (Tables)	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	RSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted-Average Grant-Date Fair Value (in thousands, except weighted-average fair value prices) Unvested RSUs outstanding at December 31, 2019 1,032 $ 39.84 RSUs granted 552 $ 31.79 RSUs vested (411 ) $ 39.85 RSUs forfeited (5 ) $ 34.55 Unvested RSUs outstanding at March 31, 2020 1,168 $ 36.08
Schedule of Share-based Payment Award, Performance-Based Units, Valuation Assumptions	The fair values of the awards containing market-based vesting conditions were estimated using Monte-Carlo simulation with the following weighted-average assumptions: For the Three Months Ended March 31, 2020 2019 Expected dividend yield (1) — % — % Risk-free interest rate (2) 0.60 % 2.44 % Expected volatility (3) 32.53 % 28.24 % Average total stockholder return (3) (21.47 )% 17.15 % (1) Since PBRSU participants are credited with dividend equivalent shares when dividends are paid, 0.00% was used in the Monte-Carlo simulation which is mathematically equivalent to paying dividend equivalents upon vesting. Please see Note 1 - Basis for Condensed Consolidated Financial Statements for further information regarding dividends. (2) The risk-free interest rate for the periods within the contractual term of the PBRSUs is based on the US Treasury yield curve in effect at the time of the grant. (3) The expected volatility and average total stockholder return are measures of the amount by which a stock price has fluctuated or is expected to fluctuate based primarily on our and our peers' historical data.
Schedule of Other Share-based Compensation, Activity	PBRSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted-Average Grant-Date Fair Value (in thousands, except weighted-average fair value prices) Unvested PBRSUs outstanding at December 31, 2019 636 $ 42.62 PBRSUs granted 293 $ 38.98 PBRSUs vested (184 ) $ 39.50 PBRSUs forfeited (9 ) $ 42.84 Unvested PBRSUs outstanding at March 31, 2020 736 $ 41.95
Schedule of Share-based Compensation, Stock Options, Activity	Option activity for the three months ended March 31, 2020 is as follows: (in thousands, except weighted-average price) Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Options outstanding at December 31, 2019 479 $ 19.59 Options exercised (9 ) $ 17.34 Options vested, exercisable, and outstanding at March 31, 2020 470 $ 19.63 2.1 $ 5,213
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	The following table sets forth the share-based compensation expense recognized for the three months ended March 31, 2020 and 2019 : (in thousands) 2020 2019 RSUs $ 5,811 $ 7,312 PBRSUs 1,575 1,915 Stock options — — Employee stock purchase plan 699 665 $ 8,085 $ 9,892

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Mar. 31, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following is a reconciliation of net income per share: For the Three Months Ended March 31, 2020 2019 (in thousands, except per share amounts) Numerator for basic and diluted net income per share: Net income from continuing operations $ 33,806 $ 1,733 Income/(loss) from discontinued operations, net of tax 13 (46 ) Net income $ 33,819 $ 1,687 Denominator: Weighted-average shares for basic income/(loss) per share 79,028 80,179 Dilutive effect of stock options and RSUs 1,497 1,098 Weighted-average shares for diluted income/(loss) per share 80,525 81,277 Income/(loss) per share Basic: Net income from continuing operations $ 0.43 $ 0.02 Income/(loss) from discontinued operations, net of tax — — Net income $ 0.43 $ 0.02 Diluted: Net income from continuing operations $ 0.42 $ 0.02 Income/(loss) from discontinued operations, net of tax — — Net income $ 0.42 $ 0.02

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Mar. 31, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Selected financial information by reportable segment is as follows: (in thousands) Operating Revenues Depreciation and Amortization Operating Income/(Loss) Equity in Earnings/(Losses) of Affiliates, Net of Tax Net Income/(Loss) From Continuing Operations Capital Expenditures For the Three Months Ended March 31, 2020 PIRM $ 173,055 $ 25,011 $ 18,318 $ 706 $ 19,232 $ 14,076 UWS 275,621 13,245 75,614 — 76,433 1,904 Corporate — 8,587 (26,861 ) (194 ) (61,859 ) 7,796 Eliminations (4,791 ) — — — — — Consolidated (excluding discontinued operations) $ 443,885 $ 46,843 $ 67,071 $ 512 $ 33,806 $ 23,776 For the Three Months Ended March 31, 2019 PIRM $ 175,808 $ 26,799 $ 14,352 $ (524 ) $ 11,387 $ 15,613 UWS 244,518 15,775 45,852 — 45,435 5,768 Corporate — 6,645 (39,000 ) 102 (55,089 ) 11,586 Eliminations (2,618 ) — — — — — Consolidated (excluding discontinued operations) $ 417,708 $ 49,219 $ 21,204 $ (422 ) $ 1,733 $ 32,967 (in thousands) Assets March 31, 2020 December 31, 2019 PIRM $ 1,873,151 $ 1,988,915 UWS 2,165,633 2,159,403 Corporate 5,975,853 5,938,106 Eliminations (5,873,296 ) (5,934,053 ) Consolidated (excluding discontinued operations) $ 4,141,341 $ 4,152,371

Basis of Condensed Consolidat_4

Basis of Condensed Consolidated Financial Statements (Narrative) (Details) $ / shares in Units, $ in Thousands	Jan. 16, 2020USD ($)	Apr. 30, 2020$ / shares	Mar. 31, 2020USD ($)business_day	Dec. 31, 2019USD ($)$ / shares	Mar. 31, 2019USD ($)	Jan. 15, 2020USD ($)	Jan. 01, 2020USD ($)
Equity in earnings/(losses) of affiliates, net of tax			$ 512		$ (422)
Revenue from related parties			0
Operating expenses with related parties			100		200
Dividends received from investments in affiliates			185		0
Dividends payable (in usd per share) \| $ / shares				$ 0.22
Dividends payable				$ (17,400)
Dividend equivalents			0	400
Tax ASU - Effect of change on retained earnings							$ 16,800
Disposal Group - Deferred income tax assets and other current assets			6,300	6,300
Disposal group, liabilities current			400	400
Tax escrow deposits			6,800,000	1,400,000
Reserves incorrect disposition of assets			22,400	22,700
Restricted cash included in other assets			9,714		11,134
Restricted cash included in prepaid expenses and other current assets			178		$ 1,985
Accounts Payable and Accrued Liabilities
Reserves incorrect disposition of assets			9,800	$ 9,800
Location, Inc
Remaining equity interest acquired	66.00%
Consideration transferred			11,500
Ownership percentage						34.00%
Investment balance						$ 5,600
Step-up gain	$ 600
Dividends received from investments in affiliates			$ 700
Ten Largest Clients \| Sales Revenue, Net \| Customer Concentration Risk
Concentration risk, percentage			31.00%		29.00%
Minimum
Period that escrow deposits are held (in business days) \| business_day			2
Maximum
Period that escrow deposits are held (in business days) \| business_day			5
Subsequent Event
Dividends declared (in usd per share) \| $ / shares		$ 0.22

Basis of Condensed Consolidat_5

Basis of Condensed Consolidated Financial Statements (Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 152,822	$ 105,185	$ 86,828
Restricted cash included in other assets	9,714		11,134
Restricted cash included in prepaid expenses and other current assets	178		1,985
Total cash, cash equivalents, and restricted cash	$ 162,714	$ 115,702	$ 99,947	$ 98,250

Basis of Condensed Consolidat_6

Basis of Condensed Consolidated Financial Statements (AOCI Table) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cumulative foreign currency translation	$ (161,193)	$ (122,503)
Cumulative supplemental benefit plans	(8,730)	(8,917)
Net unrecognized losses on interest rate swaps	(72,253)	(35,296)
Reclassification adjustment for gain on terminated interest rate swap included in net income	0	(67)
Accumulated other comprehensive loss	$ (242,176)	$ (166,783)

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,042,884		$ 1,057,636
Less accumulated depreciation	(598,886)		(606,615)
Property and equipment, net	443,998		451,021
Depreciation expense	23,200	$ 23,400
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	7,476		7,476
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	6,487		6,487
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	71,993		74,978
Capitalized software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	906,590		916,820
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	49,858		48,811
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 480		$ 3,064

Goodwill, Net (Details)

Goodwill, Net (Details) - USD ($) $ in Thousands	3 Months Ended
Goodwill, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Goodwill			$ 2,403,621
Accumulated impairment losses			(7,525)
Goodwill, net	$ 2,396,096
Acquisition	12,301
Measurement period adjustments	(98)
Translation adjustments	(26,990)
Goodwill, net	2,396,096	$ 2,381,309	2,396,096
PIRM
Goodwill [Roll Forward]
Goodwill			1,107,494
Accumulated impairment losses			(600)
Goodwill, net	1,106,894
Acquisition	12,301
Measurement period adjustments	0
Translation adjustments	(26,990)
Goodwill, net	1,106,894	1,092,205	1,106,894
UWS
Goodwill [Roll Forward]
Goodwill			1,296,127
Accumulated impairment losses			(6,925)
Goodwill, net	1,289,202
Acquisition	0
Measurement period adjustments	(98)
Translation adjustments	0
Goodwill, net	$ 1,289,202	$ 1,289,104	$ 1,289,202

Other Intangible Assets, Net (S

Other Intangible Assets, Net (Schedule of Finite-Lived Intangible Assets by Major Class) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross	$ 803,299		$ 816,196
Accumulated Amortization	(438,874)		(437,378)
Net	364,425		378,818
Amortization of Intangible Assets	14,300	$ 16,600
Impairment of intangible assets		$ 0
Client lists
Finite-Lived Intangible Assets [Line Items]
Gross	650,380		662,611
Accumulated Amortization	(352,847)		(354,011)
Net	297,533		308,600
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross	26,746		26,409
Accumulated Amortization	(17,565)		(16,249)
Net	9,181		10,160
Tradenames and licenses
Finite-Lived Intangible Assets [Line Items]
Gross	126,173		127,176
Accumulated Amortization	(68,462)		(67,118)
Net	$ 57,711		$ 60,058

Other Intangible Assets, Net (F

Other Intangible Assets, Net (Finite Lived Intangible Asset Future Amortization Expense) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Remainder of 2020	$ 42,951
2021	54,061
2022	52,314
2023	44,156
2024	37,821
Thereafter	133,122
Net	$ 364,425	$ 378,818

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Thousands	3 Months Ended
Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2019	Apr. 30, 1998
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,687,316			$ 1,687,879
Debt Issuance Costs	(20,085)			(21,319)
Net	1,667,231			1,666,560
Less current portion of long-term debt	77,724			56,022
Debt Issuance Costs, Current, Net	0			0
Long-term debt, net of current portion, gross	1,609,592			1,631,857
Long-term debt, net of current portion, debt issuance costs	(20,085)			(21,319)
Long-term debt, net of current portion, net	1,589,507			1,610,538
Amortization of debt issuance costs	1,235		$ 1,302
Gain (Loss) on Extinguishment of Debt		$ (1,500)
Revolving line of credit \| Line of Credit Due May 2024
Debt Instrument [Line Items]
Long-term Debt, Gross	0			0
Debt Issuance Costs	(6,064)			6,425
Net	$ (6,064)			(6,425)
Weighted average rate on debt	3.42%
Term loan facility \| Term Loan Due May 2024 [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,672,188			1,672,188
Debt Issuance Costs	(13,996)			14,868
Net	$ 1,658,192			1,657,320
Weighted average rate on debt	3.42%
Senior notes \| 7.55% senior debentures due April 2028
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 9,531			9,524
Debt Issuance Costs	(25)			(26)
Net	$ 9,506			9,498
Stated rate on debt	7.55%				7.55%
Other debt \| Various debt instruments with maturities through March 2024
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 5,597			6,167
Debt Issuance Costs	0			0
Net	$ 5,597			$ 6,167

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) - USD ($)

3 Months Ended

Mar. 31, 2020

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2025

Sep. 01, 2022

Aug. 31, 2022

Oct. 01, 2021

Sep. 30, 2021

Mar. 31, 2021

Apr. 01, 2020

Dec. 31, 2019

May 31, 2019

Apr. 30, 1998

Debt Instrument [Line Items]

Accrued interest expense

$ 600,000

$ 400,000

Credit agreement, potential increase to term loan and line of credit

300,000,000

Debt issuance costs

$ 9,700,000

Debt issuance costs capitalized

9,600,000

Loss (Gain) on Extinguishment of Debt

$ 1,500,000

Unamortized costs

$ 14,600,000

Debt issuance costs expensed

1,235,000

$ 1,302,000

Liability for interest rate swap agreements

47,700,000

Market value adjustments on interest rate swaps, net of tax

(36,890,000)

(12,206,000)

Interest Rate Cash Flow Hedge Expense/(Income) Reclassified to Earnings, Pre-Tax

15,800,000

(1,700,000)

Forecast

Debt Instrument [Line Items]

Interest Rate Cash Flow Hedge Expense/(Income) to be Reclassified During Next 12 Months, Pre-Tax

$ 21,100,000

Interest Rate Swap

Debt Instrument [Line Items]

Remaining notional balance

$ 1,300,000,000

Derivative, average fixed interest rate

2.08%

Asset for Swaps

600,000

Interest Rate Swap | Minimum

Debt Instrument [Line Items]

Derivative, average fixed interest rate

0.66%

Interest Rate Swap | Maximum

Debt Instrument [Line Items]

Derivative, average fixed interest rate

2.98%

Interest Rate Swap | Recurring

Debt Instrument [Line Items]

Asset for Swaps

572,000

Derivative Liability

$ 96,272,000

47,691,000

Interest Rate Swap | Recurring | Level 2

Debt Instrument [Line Items]

Asset for Swaps

572,000

Derivative Liability

96,272,000

$ 47,691,000

Interest Rate Swap | Forecast

Debt Instrument [Line Items]

Remaining notional balance

$ 465,000,000

$ 496,800,000

$ 1,000,000,000

$ 1,100,000,000

$ 1,200,000,000

$ 1,300,000,000

Derivative, average fixed interest rate

2.61%

2.64%

2.51%

Swap

Debt Instrument [Line Items]

Market value adjustments on interest rate swaps, net of tax

(36,900,000)

(12,200,000)

Deferred taxes on interest rate swaps

12,300,000

$ 4,100,000

Line of Credit Due May 2024 | Revolving line of credit

Debt Instrument [Line Items]

Multicurrency revolving sub-facility

100,000,000

Line of Credit Due May 2024 | Letter of Credit

Debt Instrument [Line Items]

Revolving credit facility, letter of credit sub-facility

50,000,000

Term loan facility | Term Loan A-1 Due May 2024

Debt Instrument [Line Items]

Term facility, maximum borrowing capacity

$ 1,800,000,000

Term of loan facility

5 years

Line of Credit Due May 2024 | Revolving line of credit

Debt Instrument [Line Items]

Term facility, maximum borrowing capacity

$ 750,000,000

Revolving line of credit, remaining borrowing capacity

750,000,000

Senior notes | 7.55% senior debentures due April 2028

Debt Instrument [Line Items]

Debt instrument, face amount

$ 100,000,000

Accounts Payable and Accrued Liabilities

Debt Instrument [Line Items]

Derivative Liability

$ 6,200,000

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2017
Derivatives:
Increase/(decrease) in contingent consideration value	$ (800)	$ 400
Fair value adjustment of minority owned equity investment	0	$ (2,300)
Interest Rate Swap
Derivatives:
Asset for Swaps			$ 600
Recurring
Financial Assets:
Cash and cash equivalents	152,822		105,185
Restricted cash	9,892		10,517
Other investments	2,232		1,898
Total	164,946		117,600
Financial Liabilities:
Contingent consideration	3,700		4,509
Total debt	1,688,230		1,690,731
Total	1,691,930		1,695,240
Recurring \| Interest Rate Swap
Derivatives:
Asset for Swaps			572
Derivative Liability	96,272		47,691
Recurring \| Level 1
Financial Assets:
Cash and cash equivalents	152,822		105,185
Restricted cash	8,196		9,791
Other investments	0		0
Total	161,018		114,976
Financial Liabilities:
Contingent consideration	0		0
Total debt	0		0
Total	0		0
Recurring \| Level 1 \| Interest Rate Swap
Derivatives:
Asset for Swaps			0
Derivative Liability	0		0
Recurring \| Level 2
Financial Assets:
Cash and cash equivalents	0		0
Restricted cash	1,696		726
Other investments	2,232		1,898
Total	3,928		2,624
Financial Liabilities:
Contingent consideration	0		0
Total debt	1,688,230		1,690,731
Total	1,688,230		1,690,731
Recurring \| Level 2 \| Interest Rate Swap
Derivatives:
Asset for Swaps			572
Derivative Liability	96,272		47,691
Recurring \| Level 3
Financial Assets:
Cash and cash equivalents	0		0
Restricted cash	0		0
Other investments	0		0
Total	0		0
Financial Liabilities:
Contingent consideration	3,700		4,509
Total debt	0		0
Total	3,700		4,509
Recurring \| Level 3 \| Interest Rate Swap
Derivatives:
Asset for Swaps			0
Derivative Liability	$ 0		$ 0
Myriad Development, Inc. & Insignificant Acquisition
Financial Liabilities:
Contingent consideration				$ 6,200
Maximum \| Myriad Development, Inc. & Insignificant Acquisition
Financial Liabilities:
Contingent consideration				$ 20,500

Fair Value of Financial Instr_4

Fair Value of Financial Instruments (Non-Recurring Basis) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Fair Value Disclosures [Abstract]
Other intangible assets, net	$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Aug. 06, 2019	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Decrease/(Increase) in contingent consideration value	$ 0.8	$ (0.4)
Fair value adjustment of minority owned equity investment	$ 0	$ (2.3)
Myriad Development, Inc. & Insignificant Acquisition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration				$ 6.2
Myriad Development, Inc. & Insignificant Acquisition \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration				$ 20.5
National Tax Search LLC \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration			$ 7.5

Operating Revenues - Operating

Operating Revenues - Operating Revenues by Solution Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Operating revenues	$ 443,885	$ 417,708
Property insights
Disaggregation of Revenue [Line Items]
Operating revenues	116,977	118,670
Insurance and spatial solutions
Disaggregation of Revenue [Line Items]
Operating revenues	46,840	45,416
Flood data solutions
Disaggregation of Revenue [Line Items]
Operating revenues	27,603	16,976
Valuation solutions
Disaggregation of Revenue [Line Items]
Operating revenues	61,247	66,323
Credit solutions
Disaggregation of Revenue [Line Items]
Operating revenues	81,127	67,814
Property tax solutions
Disaggregation of Revenue [Line Items]
Operating revenues	$ 101,991	86,582
Expected service period revenue is recognized	10 years
Other
Disaggregation of Revenue [Line Items]
Operating revenues	$ 8,100	15,927
Operating Segments \| PIRM
Disaggregation of Revenue [Line Items]
Operating revenues	173,055	175,808
Operating Segments \| PIRM \| Property insights
Disaggregation of Revenue [Line Items]
Operating revenues	116,977	118,670
Operating Segments \| PIRM \| Insurance and spatial solutions
Disaggregation of Revenue [Line Items]
Operating revenues	46,840	45,416
Operating Segments \| PIRM \| Flood data solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| PIRM \| Valuation solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| PIRM \| Credit solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| PIRM \| Property tax solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| PIRM \| Other
Disaggregation of Revenue [Line Items]
Operating revenues	9,238	11,722
Operating Segments \| UWS
Disaggregation of Revenue [Line Items]
Operating revenues	275,621	244,518
Operating Segments \| UWS \| Property insights
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| UWS \| Insurance and spatial solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Operating Segments \| UWS \| Flood data solutions
Disaggregation of Revenue [Line Items]
Operating revenues	27,603	16,976
Operating Segments \| UWS \| Valuation solutions
Disaggregation of Revenue [Line Items]
Operating revenues	61,247	66,323
Operating Segments \| UWS \| Credit solutions
Disaggregation of Revenue [Line Items]
Operating revenues	81,127	67,814
Operating Segments \| UWS \| Property tax solutions
Disaggregation of Revenue [Line Items]
Operating revenues	101,991	86,582
Operating Segments \| UWS \| Other
Disaggregation of Revenue [Line Items]
Operating revenues	3,653	6,823
Corporate and Eliminations
Disaggregation of Revenue [Line Items]
Operating revenues	(4,791)	(2,618)
Corporate and Eliminations \| Property insights
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Insurance and spatial solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Flood data solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Valuation solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Credit solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Property tax solutions
Disaggregation of Revenue [Line Items]
Operating revenues	0	0
Corporate and Eliminations \| Other
Disaggregation of Revenue [Line Items]
Operating revenues	$ (4,791)	$ (2,618)

Operating Revenues - Contract C

Operating Revenues - Contract Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Amortization period of contracts costs	10 years
Capitalized Contract Cost, Amortization	$ 3.7	$ 3.1
Prepaid expenses and other current assets
Disaggregation of Revenue [Line Items]
Long term deferred costs	10.3		$ 9.8
Other assets
Disaggregation of Revenue [Line Items]
Long term deferred costs	$ 23.2		$ 23.1

Operating Revenues - Contract L

Operating Revenues - Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Contract liabilities	$ 910	$ 884.9
Overall change in contract liability balances	25.1
New deferred billings for current reporting period	(173.4)
Operating revenue recognized	147.1
Contract Liabilities, Revenue Recognized Previously Deferred	100.2
Contract Liabilities, Net Other Activity	$ (1.2)

Operating Revenues - Remaining

Operating Revenues - Remaining Performance Obligations (Details) $ in Millions	Mar. 31, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Remaining performance obligations	$ 1,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of performance obligations to be recognized	26.00%
Expected service period revenue is recognized	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of performance obligations to be recognized	26.00%
Expected service period revenue is recognized	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of performance obligations to be recognized	17.00%
Expected service period revenue is recognized	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of performance obligations to be recognized	31.00%
Expected service period revenue is recognized

Operating Revenues - Remainin_2

Operating Revenues - Remaining Performance Obligations Periods (Details)	3 Months Ended
	Mar. 31, 2020
Minimum
Disaggregation of Revenue [Line Items]
Arrangement period	1 year
Maximum
Disaggregation of Revenue [Line Items]
Arrangement period	3 years

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) - USD ($)	3 Months Ended
Share-Based Compensation (Narrative) (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	May 01, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan, percent of stock price at closing date	85.00%
Stock-based compensation expense	$ 8,085,000	$ 9,892,000
Cost of Services
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 500,000	$ 800,000
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted during the period (in units)	552,262	584,552
Estimated grant-date fair value	$ 17,600,000	$ 21,100,000
Award vesting period in years	3 years
Unrecognized compensation cost	$ 32,600,000
Period of recognition for unrecognized compensation cost in years	2 years 2 months 12 days
Stock-based compensation expense	$ 5,811,000	$ 7,312,000
PBRSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted during the period (in units)	292,853	203,464
Estimated grant-date fair value	$ 11,400,000	$ 7,500,000
Unrecognized compensation cost	$ 21,200,000
Period of recognition for unrecognized compensation cost in years	2 years
Stock-based compensation expense	$ 1,575,000	1,915,000
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	0
Intrinsic value of options exercised	300,000	100,000
Stock-based compensation expense	$ 0	$ 0
CoreLogic 2018 Performance Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized			15,139,084

Share-Based Compensation (Restr

Share-Based Compensation (Restricted Stock Units) (Details) - RSUs - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Number of Shares
Outstanding, Beginning of Period (in units)	1,032,000
Granted (in units)	552,262	584,552
Vested (in units)	(411,000)
Forfeited (in units)	(5,000)
Outstanding, End of Period (in units)	1,168,000
Weighted Average Grant Date Fair Value
Unvested units outstanding, Beginning Balance (usd per unit)	$ 39.84
Granted (usd per unit)	31.79
Vested (usd per unit)	39.85
Forfeited (usd per unit)	34.55
Unvested units outstanding, Ending Balance (usd per unit)	$ 36.08

Share-Based Compensation (PBRSU

Share-Based Compensation (PBRSU Weighted Average Assumptions) (Details) - PBRSUs	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield (1)	0.00%	0.00%
Risk-free interest rate	0.60%	2.44%
Expected volatility	32.53%	28.24%
Average total stockholder return	(21.47%)	17.15%

Share-Based Compensation (PBR_2

Share-Based Compensation (PBRSU) (Details) - PBRSUs - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Number of Shares
Outstanding, Beginning of Period (in units)	636,000
Granted (in units)	292,853	203,464
Vested (in units)	(184,000)
Forfeited (in units)	(9,000)
Outstanding, End of Period (in units)	736,000
Weighted Average Grant Date Fair Value
Unvested units outstanding, Beginning Balance (usd per unit)	$ 42.62
Granted (usd per unit)	38.98
Vested (usd per unit)	39.50
Forfeited (usd per unit)	42.84
Unvested units outstanding, Ending Balance (usd per unit)	$ 41.95

Share-Based Compensation (Optio

Share-Based Compensation (Options) (Details) - Stock options $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)$ / sharesshares
Number of Shares
Options outstanding, beginning balance (in shares) \| shares	479
Options exercised (in shares) \| shares	(9)
Options outstanding, ending balance (in shares) \| shares	470
Weighted-Average Exercise Price
Options outstanding, beginning balance (usd per share) \| $ / shares	$ 19.59
Options exercised (usd per share) \| $ / shares	17.34
Options outstanding, ending balance (usd per share) \| $ / shares	$ 19.63
Weighted Average Remaining Contractual Term
Options outstanding, Weighted Average Remaining Contractual Term (in years)	2 years 1 month 6 days
Aggregate Intrinsic Value
Options outstanding, Aggregate Intrinsic Value \| $	$ 5,213

Share-Based Compensation (Compe

Share-Based Compensation (Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 8,085	$ 9,892
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	5,811	7,312
PBRSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	1,575	1,915
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	0	0
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	699	665
Cost of Services
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 500	$ 800

Litigation and Regulatory Con_2

Litigation and Regulatory Contingencies (Details)	Jul. 29, 2019consumer	Mar. 31, 2020USD ($)
Loss Contingencies [Line Items]
Loss contingency accrual \| $		$ 0
Fair Credit Reporting Act Class Action [Member]
Loss Contingencies [Line Items]
Number of consumers certified \| consumer	2,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2021
Effective Income Tax Rate [Abstract]
Effective income tax rate, continuing operations	28.00%	32.90%
Forecast
Income Tax Examination [Line Items]
Expiration of the statute of limitations for the assessment of taxes			$ 1.3

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Numerator for basic and diluted net income per share:
Net income from continuing operations	$ 33,806	$ 1,733
Income/(loss) from discontinued operations, net of tax	13	(46)
Net income	$ 33,819	$ 1,687
Denominator:
Weighted-average shares for basic income per share (in shares)	79,028	80,179
Dilutive effect of stock options and restricted stock units (in shares)	1,497	1,098
Weighted-average shares for diluted income per share (in shares)	80,525	81,277
Basic:
Net (loss)/income from continuing operations (usd per share)	$ 0.43	$ 0.02
Loss from discontinued operations, net of tax (usd per share)	0	0
Net (loss)/income (usd per share)	0.43	0.02
Diluted:
Net income from continuing operations (usd per share)	0.42	0.02
Loss from discontinued operations, net of tax (usd per share)	0	0
Net (loss)/income (usd per share)	$ 0.42	$ 0.02
RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	100	500

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Jan. 16, 2020	Jan. 31, 2020	Aug. 31, 2019	Dec. 31, 2018	Mar. 31, 2020	Mar. 31, 2019	Jan. 15, 2020
Business Acquisition [Line Items]
Acquisition Goodwill					$ 12,301
Measurement period adjustments					(98)
Acquisition related costs					(900)	$ (100)
Location, Inc
Business Acquisition [Line Items]
Remaining equity interest acquired	66.00%
Consideration transferred					11,500
Acquisition Goodwill				$ 12,300
Ownership percentage							34.00%
Step-up gain	$ 600
Location, Inc \| Technology-Based Intangible Assets
Business Acquisition [Line Items]
Intangible assets acquired	6,000
Estimated average life in years		10 years
Location, Inc \| Client lists
Business Acquisition [Line Items]
Intangible assets acquired	300
Estimated average life in years		5 years
Location, Inc \| Trademarks
Business Acquisition [Line Items]
Intangible assets acquired	800
Estimated average life in years		8 years
Location, Inc \| Non-compete agreements
Business Acquisition [Line Items]
Intangible assets acquired	$ 400
Estimated average life in years		5 years
National Tax Search LLC
Business Acquisition [Line Items]
Consideration transferred			$ 15,000
Contingent consideration			7,500
Measurement period adjustments					100
Contract liabilities			2,500
Goodwill deductible amount for tax purposes			5,400
National Tax Search LLC \| Technology-Based Intangible Assets
Business Acquisition [Line Items]
Intangible assets acquired			$ 3,300
Estimated average life in years			7 years
National Tax Search LLC \| Client lists
Business Acquisition [Line Items]
Intangible assets acquired			$ 5,000
Estimated average life in years			10 years
National Tax Search LLC \| Trademarks
Business Acquisition [Line Items]
Intangible assets acquired			$ 1,000
Estimated average life in years			7 years
National Tax Search LLC \| Non-compete agreements
Business Acquisition [Line Items]
Intangible assets acquired			$ 300
Estimated average life in years			5 years
UWS
Business Acquisition [Line Items]
Acquisition Goodwill					0
Measurement period adjustments					(98)
PIRM
Business Acquisition [Line Items]
Acquisition Goodwill					12,301
Measurement period adjustments					$ 0

Segment Information (Narrative)

Segment Information (Narrative) (Details) $ in Millions	3 Months Ended
Segment Information (Narrative) (Details) $ in Millions	Mar. 31, 2020USD ($)segment	Mar. 31, 2019USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment	2
PIRM
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	$ 4	$ 1.8
Segment reporting intercompany expense	0.8	0.8
UWS
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	0.8	0.8
Segment reporting intercompany expense	1.8	1.8
Corporate
Segment Reporting Information [Line Items]
Segment reporting intercompany expense	$ 2.2	$ 0

Segment Information (Financial

Segment Information (Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Operating Revenues	$ 443,885	$ 417,708
Depreciation and Amortization	46,843	49,219
Operating Income/(Loss)	67,071	21,204
Equity in (Losses)/Earnings of Affiliates, Net of Tax	512	(422)
Net Income/(Loss) From Continuing Operations	33,806	1,733
Capital Expenditures	23,776	32,967
Assets	4,141,341		$ 4,152,371
PIRM
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	4,000	1,800
Segment reporting intercompany expense	800	800
UWS
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	800	800
Segment reporting intercompany expense	1,800	1,800
Corporate
Segment Reporting Information [Line Items]
Segment reporting intercompany expense	2,200	0
Operating Segments \| PIRM
Segment Reporting Information [Line Items]
Operating Revenues	173,055	175,808
Depreciation and Amortization	25,011	26,799
Operating Income/(Loss)	18,318	14,352
Equity in (Losses)/Earnings of Affiliates, Net of Tax	706	(524)
Net Income/(Loss) From Continuing Operations	19,232	11,387
Capital Expenditures	14,076	15,613
Assets	1,873,151		1,988,915
Operating Segments \| UWS
Segment Reporting Information [Line Items]
Operating Revenues	275,621	244,518
Depreciation and Amortization	13,245	15,775
Operating Income/(Loss)	75,614	45,852
Equity in (Losses)/Earnings of Affiliates, Net of Tax	0	0
Net Income/(Loss) From Continuing Operations	76,433	45,435
Capital Expenditures	1,904	5,768
Assets	2,165,633		2,159,403
Corporate
Segment Reporting Information [Line Items]
Operating Revenues	0	0
Depreciation and Amortization	8,587	6,645
Operating Income/(Loss)	(26,861)	(39,000)
Equity in (Losses)/Earnings of Affiliates, Net of Tax	(194)	102
Net Income/(Loss) From Continuing Operations	(61,859)	(55,089)
Capital Expenditures	7,796	11,586
Assets	5,975,853		5,938,106
Eliminations
Segment Reporting Information [Line Items]
Operating Revenues	(4,791)	(2,618)
Depreciation and Amortization	0	0
Operating Income/(Loss)	0	0
Equity in (Losses)/Earnings of Affiliates, Net of Tax	0	0
Net Income/(Loss) From Continuing Operations	0	0
Capital Expenditures	0	$ 0
Assets	$ (5,873,296)		$ (5,934,053)