INVESTORS TITLE CO
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
ITIC$270.43+4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity For the
Consolidated Statements of Stockholders’ Equity
(in thousands, except per share amounts)
| Common Stock · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · TotalStockholders’Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balance, June 30, 2023 | 1,891 | $— | $247,092 | $161 | $247,253 | |||
| Net income | 7,084 | 7,084 | ||||||
| Dividends paid ($0.46 per share) | (870) | (870) | ||||||
| Share-based compensation expense related to stock appreciation rights | 117 | 117 | ||||||
| Accumulated postretirement benefit obligation adjustment, net of tax | (6) | (6) | ||||||
| Net unrealized loss on investments | (910) | (910) | ||||||
| Balance, September 30, 2023 | 1,891 | $— | $253,423 | $(755) | $252,668 | |||
| Balance, June 30, 2024 | 1,884 | $— | $261,648 | $168 | $261,816 | |||
| Net income | 9,315 | 9,315 | ||||||
| Dividends paid ($0.46 per share) | (867) | (867) | ||||||
| Exercise of stock appreciation rights | — | 1 | 1 | |||||
| Share-based compensation expense related to stock appreciation rights | 128 | 128 | ||||||
| Net unrealized gain on investments | 920 | 920 | ||||||
| Balance, September 30, 2024 | 1,884 | $— | $270,225 | $1,088 | $271,313 | |||
| Consolidated Statements of Stockholders’ Equity, continued | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · TotalStockholders’Equity | ||||||||
| Shares · Amount | ||||||||
| Balance, December 31, 2022 | 1,897 | $— | $240,811 | $200 | $241,011 | |||
| Net income | 15,850 | 15,850 | ||||||
| Dividends paid ($1.38 per share) | (2,616) | (2,616) | ||||||
| Repurchases of common stock | (7) | (959) | (959) | |||||
| Exercise of stock appreciation rights | 1 | — | — | |||||
| Share-based compensation expense related to stock appreciation rights | 337 | 337 | ||||||
| Accumulated postretirement benefit obligation adjustment, net of tax | 100 | 100 | ||||||
| Net unrealized loss on investments | (1,055) | (1,055) | ||||||
| Balance, September 30, 2023 | 1,891 | $— | $253,423 | $(755) | $252,668 | |||
| Balance, December 31, 2023 | 1,891 | $— | $250,915 | $638 | $251,553 | |||
| Net income | 22,711 | 22,711 | ||||||
| Dividends paid ($1.38 per share) | (2,600) | (2,600) | ||||||
| Repurchases of common stock | (7) | (1,098) | (1,098) | |||||
| Exercise of stock appreciation rights | — | 1 | 1 | |||||
| Share-based compensation expense related to stock appreciation rights | 296 | 296 | ||||||
| Net unrealized gain on investments | 450 | 450 | ||||||
| Balance, September 30, 2024 | 1,884 | $— | $270,225 | $1,088 | $271,313 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.