Corelogic (CLGX) 10-Q 26 Apr 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 23, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	CORELOGIC, INC.
Entity Central Index Key	36,047
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		81,636,356

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 123,698	$ 118,804
Accounts receivable (less allowance for doubtful accounts of $6,946 and $8,229 as of March 31, 2018 and December 31, 2017, respectively)	244,046	256,595
Prepaid expenses and other current assets	45,202	47,220
Income tax receivable	8,053	7,649
Total current assets	420,999	430,268
Property and equipment, net	443,869	447,659
Goodwill, net	2,262,081	2,250,599
Other intangible assets, net	461,781	475,613
Capitalized data and database costs, net	329,146	329,403
Investment in affiliates, net	38,525	38,989
Deferred income tax assets	57	366
Other assets	110,721	104,516
Total assets	4,067,179	4,077,413
Current liabilities:
Accounts payable and other accrued expenses	171,030	145,655
Accrued salaries and benefits	76,146	93,717
Contract liabilities, current	310,590	303,948
Current portion of long-term debt	49,699	70,046
Total current liabilities	607,465	613,366
Long-term debt, net of current	1,660,241	1,683,524
Contract liabilities, net of current	527,791	504,900
Deferred income tax liabilities	103,695	102,571
Other liabilities	159,978	165,176
Total liabilities	3,059,170	3,069,537
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; 81,636 and 80,885 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	1	1
Additional paid-in capital	219,594	224,455
Retained earnings	881,798	877,111
Accumulated other comprehensive loss	(93,384)	(93,691)
Total CoreLogic stockholders' equity	1,008,009	1,007,876
Total liabilities and equity	$ 4,067,179	$ 4,077,413

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Allowance for doubtful accounts	$ 6,946	$ 8,229
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)	81,636,000	80,885,000
Common stock, shares outstanding (in shares)	81,636,000	80,885,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Operating revenues	$ 444,900	$ 439,851
Cost of services (excluding depreciation and amortization shown below)	239,389	251,966
Selling, general and administrative expenses	114,952	111,850
Depreciation and amortization	46,140	43,472
Total operating expenses	400,481	407,288
Operating income	44,419	32,563
Interest expense:
Interest income	530	338
Interest expense	17,692	14,131
Total interest expense, net	(17,162)	(13,793)
Gain on investments and other, net	161	935
Income from continuing operations before equity in earnings/(losses) of affiliates and income taxes	27,418	19,705
(Benefit)/provision for income taxes	(711)	6,274
Income from continuing operations before equity in earnings/(losses) of affiliates	28,129	13,431
Equity in Earnings/(Losses) of Affiliates, Net of Tax	233	(723)
Net income from continuing operations	28,362	12,708
(Loss)/income from discontinued operations, net of tax	(75)	2,417
Gain from sale of discontinued operations, net of tax	0	313
Net income	$ 28,287	$ 15,438
Basic income per share:
Net income from continuing operations (usd per share)	$ 0.35	$ 0.15
(Loss)/income from discontinued operations, net of tax (usd per share)	0	0.03
Gain from sale of discontinued operations, net of tax (usd per share)	0	0
Net income attributable to CoreLogic (usd per share)	0.35	0.18
Diluted income per share:
Net income from continuing operations (usd per share)	0.34	0.15
(Loss)/income from discontinued operations, net of tax (usd per share)	0	0.03
Gain from sale of discontinued operations, net of tax (usd per share)	0	0
Net income attributable to CoreLogic (usd per share)	$ 0.34	$ 0.18
Weighted-average common shares outstanding:
Basic (in shares)	81,254	84,432
Diluted (in shares)	82,820	86,341

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) Statement - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 28,287	$ 15,438
Other comprehensive income/(loss)
Adoption of new accounting standards	408	0
Market value adjustments on interest rate swaps, net of tax	4,137	1,530
Foreign currency translation adjustments	(4,114)	13,548
Supplemental benefit plans adjustments, net of tax	(124)	(106)
Total other comprehensive income	307	14,972
Comprehensive income	$ 28,594	$ 30,410

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income	$ 28,287	$ 15,438
Less: (Loss)/income from discontinued operations, net of tax	(75)	2,417
Less: Gain from sale of discontinued operations, net of tax	0	313
Net income from continuing operations	28,362	12,708
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	46,140	43,472
Amortization of debt issuance costs	1,376	1,440
Provision for bad debt and claim losses	2,847	3,758
Share-based compensation	8,677	12,167
Equity in (earnings)/losses of affiliates, net of taxes	(233)	723
Deferred income tax	6,250	8,911
Gain on investment and other, net	(161)	(935)
Change in operating assets and liabilities, net of acquisitions:
Accounts receivable	12,745	10,952
Prepaid expenses and other current assets	(764)	4,952
Accounts payable and accrued expenses	4,987	(11,267)
Contract liabilities	(2,756)	15,447
Income taxes	(482)	(2,293)
Dividends received from investments in affiliates	776	0
Other assets and other liabilities	(7,537)	(4,357)
Net cash provided by operating activities - continuing operations	100,227	95,678
Net cash provided by/(used in) operating activities - discontinued operations	2	(25)
Total cash provided by operating activities	100,229	95,653
Cash flows from investing activities:
Purchases of property and equipment	(9,940)	(8,671)
Purchases of capitalized data and other intangible assets	(9,544)	(8,441)
Cash paid for acquisitions, net of cash acquired	(20,533)
Proceeds from sale of property and equipment	100	3
Proceeds from investments	980	0
Net cash used in investing activities - continuing operations	(38,937)	(17,109)
Net cash provided by investing activities - discontinued operations	0	0
Total cash used in investing activities	(38,937)	(17,109)
Cash flows from financing activities:
Proceeds from long-term debt	95	0
Repayment of long-term debt	(45,722)	(17,641)
Proceeds from issuance of shares in connection with share-based compensation	15,473	2,390
Payment of tax withholdings related to net share settlements	(10,532)	(12,262)
Shares repurchased and retired	(18,479)	(19,837)
Net cash used in financing activities - continuing operations	(59,165)	(47,350)
Net cash provided by financing activities - discontinued operations	0	0
Total cash used in financing activities	(59,165)	(47,350)
Effect of exchange rate on cash, cash equivalents and restricted cash	311	(814)
Net change in cash, cash equivalents and restricted cash	2,438	30,380
Cash, cash equivalents and restricted cash at beginning of period	129,869	89,974
Less: Change in cash, cash equivalents and restricted cash - discontinued operations	2	(25)
Plus: Cash swept from/(to) discontinued operations	2	(24)
Cash, cash equivalents and restricted cash at end of period	132,307	120,355
Supplemental disclosures of cash flow information:
Cash paid for interest	9,811	11,768
Cash paid for income taxes	988	1,526
Cash refunds from income taxes	2,917	304
Non-cash investing activities:
Capital expenditures included in accounts payable and other accrued expenses	$ 6,267	$ 4,842

Condensed Consolidated Stateme7

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)/Income
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of new accounting standards	$ (23,192)			$ (23,600)	$ 408
Beginning balance, shares at Dec. 31, 2017	80,885	80,885
Beginning balance at Dec. 31, 2017	$ 1,007,876	$ 1	$ 224,455	877,111	(93,691)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	28,287			28,287
Shares issued in connection with share-based compensation, shares		1,151
Shares issued in connection with share-based compensation	15,473		15,473
Payment of tax withholdings related to net share settlements	(10,532)		10,532
Share-based compensation	8,677		8,677
Shares repurchased and retired, shares		(400)
Shares repurchased and retired	(18,479)		(18,479)
Other comprehensive loss	$ (101)				(101)
Ending balance, shares at Mar. 31, 2018	81,636	81,636
Ending balance at Mar. 31, 2018	$ 1,008,009	$ 1	$ 219,594	$ 881,798	$ (93,384)

Basis of Condensed Consolidated

Basis of Condensed Consolidated Financial Statements	3 Months Ended
	Mar. 31, 2018
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 "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, 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 in the U.S. (“GAAP”) 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 2017 year-end condensed consolidated balance sheet was derived from the Company's audited financial statements for the year ended December 31, 2017 . 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, 2017 . 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 U.S. residential real estate, mortgage origination and mortgage servicing markets. Approximately 34% and 40% of our operating revenues for the three months ended March 31, 2018 and 2017 , respectively, were generated from our top ten clients, who consist of the largest U.S. mortgage originators and servicers. None of our clients accounted for greater than 10% of our operating revenues for the three months ended March 31, 2018 , and one of our clients accounted for approximately 12% of our operating revenues for the three months ended March 31, 2017 . 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. 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, 2018 March 31, 2017 Cash and cash equivalents $ 123,698 $ 102,932 Restricted cash included in other assets 7,540 17,423 Restricted cash included in prepaid expenses and other current assets 1,069 — Total cash, cash equivalents and restricted cash $ 132,307 $ 120,355 Operating Revenue Recognition We derive our operating revenues primarily from U.S. 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, or 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. Less commonly, 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. See further discussion in Note 6 - Operating Revenues . Comprehensive Income Comprehensive income includes all changes in equity except those resulting from investments by owners and distributions to owners. Specifically, foreign currency translation adjustments, amounts related to supplemental benefit plans, unrealized gains and losses on interest rate swap transactions and unrealized gains and losses on investment are recorded in other comprehensive income. The following table shows the components of accumulated other comprehensive loss, net of taxes as of March 31, 2018 and December 31, 2017 : (in thousands) 2018 2017 Cumulative foreign currency translation $ (99,755 ) $ (95,630 ) Cumulative supplemental benefit plans (6,760 ) (5,461 ) Net unrecognized gains on interest rate swaps 13,131 7,400 Accumulated other comprehensive loss $ (93,384 ) $ (93,691 ) 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. We recorded equity in earnings of affiliates, net of tax of $0.2 million and equity in losses of affiliates, net of tax of $0.7 million for the three months ended March 31, 2018 and 2017 , respectively. For the three months ended March 31, 2018 and 2017 , we recorded $0.3 million and $2.2 million , respectively, of operating revenues and $3.3 million and $2.8 million , respectively, of operating expenses related to our investment in affiliates. Discontinued Operations In September 2014, we completed the sale of our collateral solutions and field services businesses, which were included in the former reporting segment Asset Management and Processing Solutions ("AMPS"). In September 2012, we completed the wind down of our consumer services business and our appraisal management company business. In September 2011, we closed our marketing services business. In December 2010, we completed the sale of our Employer and Litigation Services businesses. In connection with previous divestitures, we retain the prospect of contingent liabilities for indemnification obligations or breaches of representations or warranties. With respect to one such divestiture, in September 2016, a jury returned an unfavorable verdict against a discontinued operating unit that, if upheld on appeal, could result in indemnification exposure up to $25.0 million , including interest. We do not consider this outcome to be probable and intend to vigorously assert our contractual and other rights, including to pursue an appeal to eliminate or substantially reduce any potential post-divestiture contingency. Any actual liability that comes to fruition would be reflected in our results from discontinued operations. For the three months ended March 31, 2017, we recorded a gain of $4.5 million related to a pre-tax legal settlement in AMPS within our discontinued operations. There was no pre-tax legal settlement for the three months ended March 31, 2018 . As of March 31, 2018 and December 31, 2017 , we recorded assets of discontinued operations of $0.6 million and $0.4 million , respectively, within prepaid expenses and other current assets within our condensed consolidated balance sheets. Additionally, as of March 31, 2018 and December 31, 2017 , we recorded liabilities of $1.8 million for both periods, within accounts payable and other accrued expenses. Tax Escrow Disbursement Arrangements We administer tax escrow disbursements as a service to our clients in connection with our property tax processing solutions. These deposits are maintained in segregated accounts for the benefit of our clients. Tax escrow deposits totaled $6.1 billion as of March 31, 2018 and $961.5 million as of December 31, 2017 . 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 generally derive operating income and expenses from these deposits and bear the risk of loss. To mitigate the risk of loss, we diversify the placement of funds across institutions with high credit ratings. 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 $20.6 million and $21.7 million as of March 31, 2018 and December 31, 2017 , respectively, of which $9.3 million and $9.4 million , respectively, 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 2018, the Financial Accounting Standards Board ("FASB") issued guidance pertaining to the accounting of the Tax Cuts and Jobs Act ("TCJA"), allowing companies a year to finalize and record any provisional or inestimable impacts of the TCJA. This guidance is effective upon issuance during this quarter. The adoption of this particular guidance did not have a material effect on our financial statements. See Note 9 - Income Taxes for discussion of the impacts of the TCJA on our Company. In February 2018, the FASB issued guidance permitting companies to reclassify stranded tax effects from the TCJA from accumulated other comprehensive income to retained earnings. The stranded tax effects consist of deferred taxes originally recorded in accumulated other comprehensive income that exceed the newly enacted federal corporate tax rate. As permitted in the guidance, we elected to early adopt as of January 1, 2018. The net impact of adoption was a balance sheet reclassification of a $0.4 million unrealized loss within accumulated other comprehensive loss to retained earnings in the first quarter of 2018. In August 2017, the FASB issued guidance to amend and improve the accounting for hedging activities. The amendment eliminates the requirement to separately measure and report hedge ineffectiveness. An initial quantitative assessment to establish that the hedge is highly effective is still required but the amendment allows until the end of the first quarter it is designated to perform to prepare the assessment. After initial qualification, a qualitative assessment can be performed if the hedge is highly effective and the documentation at inception can reasonably support an expectation of high effectiveness throughout the hedge’s term. The amendment requires companies to present all hedged accounting elements that affect earnings in the same income statement line as the hedged item. For highly effective cash flow hedges, fair value changes will be recorded in other comprehensive income and reclassified to earnings when the hedged item impacts earnings. The guidance is effective prospectively in fiscal years beginning after December 15, 2018. Early adoption is permitted but we do not anticipate to elect early adoption. We do not expect the adoption of this guidance to have a material impact on our consolidated financial statements. In November 2016, the FASB issued guidance that affects the presentation of restricted cash in the statement of cash flows and related disclosures. The guidance requires that the statement of cash flows explain the change in the combined total of restricted and unrestricted balances. Disclosure of how the statement of cash flows reconciles to the balance sheet is required if restricted cash is shown separately from cash and cash equivalents and the nature of the restrictions. We have adopted this guidance in the current period as required. Please see further discussion above within this Note. In February 2016, the FASB issued guidance on lease accounting which requires leases with durations greater than 12-months to be recognized on the balance sheet as lease assets and lease liabilities beginning after December 15, 2018. The recognition, measurement and presentation of expenses and cash flows arising from a lease by a lessee will depend on its classification as a finance or operating lease. Early adoption is permitted, however we will adopt on the required date of January 1, 2019. We are continuing to evaluate the impact of adopting this standard on our consolidated financial statements, controls and processes. We anticipate that our notes to the consolidated financial statements related to leases will be expanded and the most substantial change to our consolidated financial statements will be a gross-up of our total assets and liabilities of less than 5%, based on our preliminary analysis. Further, the guidance is not expected to materially impact our results of operations in the upcoming fiscal years and interim periods. Once further evaluation is complete we will expand our disclosure regarding the expected impact of adopting the updated guidance. In January 2016, the FASB issued guidance on accounting for equity investments and financial liabilities. The standard does not apply to equity method investments or investments in consolidated subsidiaries. The update provides that equity investments with readily determinable values be measured at fair value and changes in the fair value flow through net income. These changes historically have been included in other comprehensive income. Equity investments without readily determinable fair values have the option to be measured at fair value or at cost adjusted for changes in observable prices minus impairment. Changes in fair value from the application of either method are also recognized in net income. The standard requires a qualitative assessment of impairment indicators at each reporting period. For financial liabilities, entities that elect the fair value option must recognize the change in fair value attributable to instrument-specific credit risk in other comprehensive loss rather than net income. Lastly, regarding deferred tax assets, the need for a valuation allowance on a deferred tax asset will need to be assessed in relation to available-for-sale debt securities. The guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We have adopted this guidance in the current period, which did not have a material effect on our financial statements. In May 2014, the FASB issued updated guidance on revenue recognition in order to i) remove inconsistencies in revenue requirements, ii) provide a better framework for addressing revenue issues, iii) improve comparability across entities, industries, etc., iv) provide more useful information through improved disclosures, and v) simplify the preparation of financial statements by reducing the number of requirements to which an entity must refer. Under the amendment, an entity should recognize revenue to depict the transfer of promised goods or services to customers in the amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting treatment for the incremental costs of obtaining a contract, which would not have been incurred had the contract not been obtained. Further, an entity is required to disclose sufficient information to enable the user of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows from contracts with customers. The updated guidance provides two methods of adoption: i) retrospective application to each prior reporting period presented, or ii) recognition of the cumulative effect from the retrospective application at the date of initial application. On January 1, 2018, we adopted this new accounting standard, and all the related amendments, using the modified retrospective approach for all contracts that were not completed as of the adoption date. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those prior periods. We also applied practical expedients which permit (i) the omission of remaining performance obligations that have contracts with an original expected duration of one year or less, (ii) the omission of performance obligations, which are for usage-based variable consideration, which we will recognize over the term of the arrangements based on the actual usage by the customers and (iii) expensing incremental contract costs, which would have otherwise been recognized in one year or less. The cumulative effect of the changes made to our condensed consolidated balance sheet as of January 1, 2018 for the adoption of the new accounting standard is as follows: (in thousands) December 31, 2017 Adoption Adjustments January 1, 2018 Assets Accounts receivable, net $ 256,595 $ (941 ) $ 255,654 Prepaid expenses and other current assets 47,220 (965 ) 46,255 Other assets 104,516 2,546 107,062 Liabilities Contract liabilities, current $ 303,948 $ 6,767 $ 310,715 Contract liabilities, net of current 504,900 24,801 529,701 Deferred income tax liability 102,571 (7,736 ) 94,835 Equity Retained earnings $ 877,111 $ (23,183 ) $ 853,928 Accumulated other comprehensive loss (93,691 ) (9 ) (93,700 ) In connection with the adoption of the new accounting guidance, we increased our total contract liabilities by $31.6 million of which $23.2 million was the result of a change in the accounting for contracts containing material rights the client would have not received without entering into the contract. The performance obligation associated with the material right is recognized when the future products or services are transferred or when the option expires. Further, we recorded $1.6 million of contract-related assets associated with the change in accounting, which are presented in prepaid expenses and other current assets and other assets in our condensed consolidated balance sheet. As a result of the adoption-related adjustments previously discussed, we adjusted our related deferred income tax and retained earnings accounts. The impact of the adoption of the new accounting standard on our condensed consolidated balance sheet is as follows: March 31, 2018 (in thousands) As Reported Balances Without Adoption Adjustments Effect of Change Higher/(Lower) Assets Accounts receivable, net $ 244,046 $ 244,303 $ (257 ) Prepaid expenses and other current assets 45,202 47,308 (2,106 ) Income tax receivable 8,053 8,044 9 Other assets 110,721 108,275 2,446 Liabilities Accounts payable and other accrued expenses $ 171,030 $ 171,220 $ (190 ) Contract liabilities, current 310,590 302,351 8,239 Contract liabilities, net of current 527,791 504,906 22,885 Deferred income tax liability 103,695 111,431 (7,736 ) Equity Accumulated other comprehensive loss $ (93,384 ) $ (93,391 ) $ 7 Retained earnings 881,798 904,912 (23,114 ) As of March 31, 2018 , as reported balances include previously discussed adjustments related to the adoption of the new accounting guidance. The impact of the adoption of the new accounting standard on our condensed consolidated statement of operations is as follows: For the Three Months Ended March 31, 2018 (in thousands) As Reported Balances Without Adoption Adjustments Effect of Change Higher/(Lower) Operating revenue $ 444,900 $ 444,405 $ 495 Cost of services 239,389 239,526 (137 ) Selling, general and administrative expenses 114,952 114,380 572 Operating income 44,419 44,359 60 Benefit for income taxes (711 ) (702 ) (9 ) Net income 28,287 28,218 69 The adoption of the new accounting guidance did not have nor do we expect it to have a material impact to net income on an ongoing basis. See Note 6 - Operating Revenues for additional information.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net as of March 31, 2018 and December 31, 2017 consists of the following: (in thousands) 2018 2017 Land $ 7,476 $ 7,476 Buildings 6,487 6,487 Furniture and equipment 65,413 63,255 Capitalized software 889,188 878,156 Leasehold improvements 40,258 39,990 Construction in progress 399 1,349 1,009,221 996,713 Less accumulated depreciation (565,352 ) (549,054 ) Property and equipment, net $ 443,869 $ 447,659 Depreciation expense for property and equipment was approximately $21.8 million and $20.6 million for the three months ended March 31, 2018 and 2017 , respectively.

Goodwill, Net

Goodwill, Net	3 Months Ended
	Mar. 31, 2018
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 operating segment and reporting unit, for the three months ended March 31, 2018 , is as follows: (in thousands) PIRM UWS Consolidated Balance as of January 1, 2018 Goodwill $ 1,029,223 $ 1,228,901 $ 2,258,124 Accumulated impairment losses (600 ) (6,925 ) (7,525 ) Goodwill, net 1,028,623 1,221,976 2,250,599 Acquisitions 14,648 (526 ) 14,122 Translation adjustments (2,640 ) — (2,640 ) Balance as of March 31, 2018 Goodwill, net $ 1,040,631 $ 1,221,450 $ 2,262,081 For the three months ended March 31, 2018 , we recorded goodwill of $14.6 million within our Property Intelligence & Risk Management ("PIRM") reporting unit related to the acquisition of eTech Solutions Limited ("eTech"). See Note 12 - Acquisitions for further discussion.

Other Intangible Assets, Net

Other Intangible Assets, Net	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets, Net	Other Intangible Assets, Net Other intangible assets, net consist of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Client lists $ 691,647 $ (314,706 ) $ 376,941 $ 690,693 $ (303,632 ) $ 387,061 Non-compete agreements 28,113 (16,473 ) 11,640 28,118 (15,528 ) 12,590 Trade names and licenses 124,957 (51,757 ) 73,200 125,090 (49,128 ) 75,962 $ 844,717 $ (382,936 ) $ 461,781 $ 843,901 $ (368,288 ) $ 475,613 Amortization expense for other intangible assets, net was $15.2 million and $14.0 million for the three months ended March 31, 2018 and 2017 , respectively. Estimated amortization expense for other intangible assets, net is as follows: (in thousands) Remainder of 2018 $ 41,981 2019 55,646 2020 55,400 2021 52,690 2022 51,020 Thereafter 205,044 $ 461,781

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Our long-term debt consists of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Debt Issuance Costs Net Gross Debt Issuance Costs Net Bank debt: Term loan facility borrowings due August 2022, weighted-average interest rate of 3.52% and 3.28% as of March 31, 2018 and December 31, 2017, respectively $ 1,710,000 $ (16,007 ) $ 1,693,993 $ 1,755,000 $ (17,017 ) $ 1,737,983 Revolving line of credit borrowings due August 2022 — (6,308 ) (6,308 ) — (6,672 ) (6,672 ) Notes: 7.55% senior debentures due April 2028 14,645 (47 ) 14,598 14,645 (48 ) 14,597 Other debt: Various debt instruments with maturities through 2021 7,657 — 7,657 7,662 — 7,662 Total long-term debt 1,732,302 (22,362 ) 1,709,940 1,777,307 (23,737 ) 1,753,570 Less current portion of long-term debt 49,699 — 49,699 70,046 — 70,046 Long-term debt, net of current portion $ 1,682,603 $ (22,362 ) $ 1,660,241 $ 1,707,261 $ (23,737 ) $ 1,683,524 As of March 31, 2018 and December 31, 2017 , we have recorded $1.3 million and $1.0 million of accrued interest expense, respectively, on our debt-related instruments. Credit Agreement In August 2017, we amended and restated our credit agreement (“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 five -year term loan A facility (“Term Facility”), and a $700.0 million five-year revolving credit facility ("Revolving Facility"). The Term Facility matures and the Revolving Facility expires in August 2022. The Revolving facility includes a $100.0 million multicurrency 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/or Revolving Facility by up to $100.0 million in the aggregate; however the lenders are not obligated to do so. As of March 31, 2018 , we had borrowing capacity of $700.0 million under the Revolving Facility and we were in compliance with all of our covenants under the Credit Agreement. Debt Issuance Costs In connection with the amendment and restatement of the Credit Agreement, in August 2017, we incurred approximately $14.3 million of debt issuance costs of which $14.0 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 had $12.0 million remaining in previously unamortized costs. We will amortize all of these costs over the term of the Credit Agreement. For the three months ended March 31, 2018 and 2017, $1.4 million were expensed for both periods in the accompanying condensed consolidated statement of operations related to 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. The notional balances, terms, and maturities of our Swaps are currently designed to have at least 50% of our debt as fixed rate. As of March 31, 2018 , we have four Swaps with a combined remaining notional balance of $1.3 billion , a weighted average fixed interest rate of 1.31% (rates range from 1.03% to 2.61% ), and scheduled terminations through August 2022 . As previously indicated, notional balances under our Swaps are currently scheduled to increase and decrease over their contract lengths based on our expectations of variable debt levels. We currently have scheduled notional amounts of between $1.3 billion and $1.1 billion through March 2021 with $585.0 million thereafter until August 2022 . We have designated the Swaps as cash flow hedges. The estimated fair value of these cash flow hedges is recorded in prepaid expenses and other current assets, other assets and other liabilities in the accompanying condensed consolidated balance sheets. The estimated fair value of these cash flow hedges resulted in an asset of $18.5 million , of which $1.6 million is classified within prepaid expenses and other current assets, and a liability of $1.0 million as of March 31, 2018 . We recorded an asset of $12.0 million as of December 31, 2017 . Unrealized gains of $4.1 million (net of $1.4 million in deferred taxes) and unrealized gains of $1.5 million (net of $0.9 million in deferred taxes) for the three months ended March 31, 2018 and 2017 , respectively, were recognized in other comprehensive income related to the Swaps.

Operating Revenues

Operating Revenues	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Operating Revenues	Operating Revenues Operating revenues by solution type consists of the following: (in thousands) For the Three Months Ended March 31, 2018 PIRM UWS Corporate and Eliminations Consolidated Property Insights $ 123,672 $ — $ — $ 123,672 Insurance & Spatial Solutions 37,164 — — 37,164 Flood Data Services — 16,974 — 16,974 Valuations Solutions — 71,444 — 71,444 Credit Solutions — 81,485 — 81,485 Property Tax Solutions — 89,881 — 89,881 Other 12,931 13,635 (2,286 ) 24,280 Total Operating Revenue $ 173,767 $ 273,419 $ (2,286 ) $ 444,900 Property Insights Our property insights combine our patented predictive analytics and 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 with crime, site inspection, neighborhood, document images and other information from proprietary sources. We also provide verification of applicant income, identity and certain employment verification 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 solutions required to more effectively locate, assess and manage property-level assets and risks through location-based data and analytics. 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 service period 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. Valuations 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, and 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 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. Operating revenue is recognized when the report or information is delivered to the client. Flood Data Services Our flood data services provide flood zone determinations primarily to mortgage lenders in accordance with U.S. 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. Contract Costs Incremental costs to obtain or fulfill client contracts are recognized as an asset. As of March 31, 2018 , we had $11.6 million of current deferred costs which are presented in prepaid expenses and other current assets and $21.4 million of long term deferred costs which are presented in other assets in our condensed consolidated balance sheet. These deferred costs primarily include certain set-up and acquisition costs related to property tax solutions and amortize ratably over an expected ten year life and adjusted for early loan cancellations. As of March 31, 2018 we have recorded $3.4 million of amortization associated with these deferred costs. Contract Liabilities We record a contract liability when amounts are invoiced prior to the satisfaction of a performance obligation. For property tax solutions, we invoice clients upfront fees for services to be performed over time. For property insights and insurance & spatial solutions we invoice quarterly and annually, commencing upon execution of the contracts or at the beginning of the license term. As of January 1, 2018, we had $840.4 million in contract liabilities compared to $838.4 million as of March 31, 2018. The overall change of $2.0 million in contract liability balances are primarily due to $121.2 million of new deferred billings in the current reporting period, offset by $123.5 million of operating revenue recognized, of which $93.0 million related to contracts previously deferred. Remaining Performance Obligations The majority of our arrangements are between 1 and 3 years with a significant portion being 1 year or less. For the remaining population of non-cancellable and fixed arrangements greater than one year, as of March 31, 2018 , we had $1.0 billion of remaining performance obligations. We expect to recognize approximately 26.8% percent of our remaining revenue backlog in 2018 , 26.8% in 2019 , 16.9% in 2020 and 29.5% thereafter. See further discussion on performance obligations in Note 1 - Basis for Condensed Consolidated Financial Statements

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation We currently issue equity awards under the Amended and Restated CoreLogic, Inc. 2011 Performance Incentive Plan, as amended, which was initially approved by our stockholders at our Annual Meeting held in May 2011 with an amendment and restatement approved by our stockholders at our Annual Meeting held in July 2014, and a subsequent technical amendment by the Board in December 2016 (“Plan”). The Plan includes the ability to grant restricted stock units ("RSUs"), performance-based restricted stock units ("PBRSUs") and stock options. Prior to the approval of the Plan, we issued share-based awards under the CoreLogic, Inc. 2006 Incentive Plan. The Plan provides for up to 21,909,000 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 shares 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, 2018 and 2017 , we awarded 469,323 and 607,444 RSUs, respectively, with an estimated grant-date fair value of $21.6 million and $24.0 million , respectively. The RSU awards will vest ratably over three years. RSU activity for the three months ended March 31, 2018 is as follows: Number of Weighted-Average Grant-Date (in thousands, except weighted-average fair value prices) Shares Fair Value Unvested RSUs outstanding at December 31, 2017 1,309 $ 37.54 RSUs granted 469 $ 46.03 RSUs vested (475 ) $ 35.91 RSUs forfeited (6 ) $ 37.55 Unvested RSUs outstanding at March 31, 2018 1,297 $ 41.18 As of March 31, 2018 , there was $41.2 million of total unrecognized compensation cost related to unvested RSUs that is expected to be recognized over a weighted-average period of 2.3 years . The fair value of RSUs is 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, 2018 and 2017 , we awarded 315,259 and 288,331 PBRSUs, respectively, with an estimated grant-date fair value of $14.5 million and $11.5 million , respectively. These awards are generally subject to service-based, performance-based and market-based vesting conditions. The service and performance period is from January 2018 to December 2020 and the performance metrics are generally adjusted earnings per share. The grant included 143,439 PBRSUs that did not include a market-based condition but had operating revenue as the sole performance metric through the service period ending December 2020. The performance and service period for the PBRSUs awarded during the three months ended March 31, 2017 is from January 2017 to December 2019 and the performance metrics are adjusted earnings per share and market-based conditions. 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, 2018 2017 Expected dividend yield — % — % Risk-free interest rate (1) 2.38 % 1.47 % Expected volatility (2) 23.63 % 27.83 % Average total stockholder return (2) 6.11 % 1.46 % (1) The risk-free interest rate for the periods within the contractual term of the PBRSUs is based on the U.S. Treasury yield curve in effect at the time of the grant. (2) 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, 2018 is as follows: Number of Weighted-Average Grant-Date (in thousands, except weighted-average fair value prices) Shares Fair Value Unvested PBRSUs outstanding at December 31, 2017 659 $ 37.22 PBRSUs granted 315 $ 45.97 PBRSUs vested (239 ) $ 33.91 PBRSUs forfeited (13 ) $ 37.55 Unvested PBRSUs outstanding at March 31, 2018 722 $ 40.82 As of March 31, 2018 , there was $17.1 million of total unrecog n ized compensation cost related to unvested PBRSUs that is expected to be recognized over a weighted-average period of 2.4 years. The fair value of PBRSUs is 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, 2018 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, 2017 1,186 $ 20.67 Options exercised (589 ) $ 21.23 Options vested, exercisable, and outstanding at March 31, 2018 597 $ 20.12 4.1 $ 14,979 As of March 31, 2018 , there was no unrecognized compensation cost related to unvested stock options. The intrinsic value of options exercised was $13.5 million and $2.5 million for the three months ended March 31, 2018 and 2017 , 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 recognized 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, 2018 and 2017 . For the Three Months Ended March 31, (in thousands) 2018 2017 RSUs $ 7,395 $ 9,787 PBRSUs 714 1,668 Stock options — 138 Employee stock purchase plan 568 574 $ 8,677 $ 12,167 The above includes $2.2 million and $1.2 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, 2018 and 2017 , respectively.

Litigation and Regulatory Conti

Litigation and Regulatory Contingencies	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Litigation and Regulatory Contingencies	Litigation and Regulatory Contingencies We have been named in various lawsuits and we may from time to time be subject to audit or investigation by governmental agencies. Currently, governmental agencies are auditing or investigating certain of our operations. With respect to matters where we have determined that a loss is both probable and reasonably estimable, we have recorded a liability representing our best estimate of the financial exposure based on known facts. For matters where a settlement has been reached, we have recorded 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. As of March 31, 2018, we do not believe that a material loss exceeding amounts accrued of $17.3 million is probable, of which $0.5 million was recorded in the three months ended March 31, 2018 . 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 February 2012, CoreLogic National Background Data, LLC (n/k/a CoreLogic Background Data, LLC ("CBD")) was named as a defendant in a putative class action styled Tyrone Henderson, et. al., v. CoreLogic National Background Data, in the United States District Court for the Eastern District of Virginia. Plaintiffs allege violation of the Fair Credit Reporting Act, and pled a putative class claim relating to CBD’s return of criminal record data in response to search queries initiated by its consumer reporting agency customers, which then prepare and transmit employment background screening reports to their employer customers. The parties have agreed to settle the case on a class-wide basis and the settlement was approved in March 2018. In June 2015, a companion case, Witt v. CoreLogic National Background Data, et. al. was filed in the United States District Court for the Eastern District of Virginia by the same attorneys as in Henderson, alleging the same claim against CBD. Witt also names as a defendant CoreLogic SafeRent, LLC (n/k/a CoreLogic Rental Property Solutions, LLC (“RPS”)) on the theory that RPS provided criminal record “reports” to CBD at the same time that CBD delivered reports to CBD’s consumer reporting agency customers. The parties have agreed to settle the case on a class-wide basis and the settlement was approved in March 2018. In July 2017, RPS was named as a defendant in a putative class action lawsuit styled Claudinne Feliciano, et. al., v. CoreLogic SafeRent, LLC, in the United States 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. RPS has denied the claims and intends to defend the case vigorously. In November 2017, CoreLogic Credco, LLC (“Credco”) was named as a defendant in a putative class action lawsuit styled Shakeena King, et. al., v. CoreLogic Credco, LLC, in the United States District Court for the Eastern District of Virginia. The named plaintiff alleges that Credco prepared a tri-merge report about her which included information belonging to another person. On this basis, she seeks damages under the Fair Credit Reporting Act on behalf of herself and a class of similarly situated consumers with respect to reports issued during the period of November 2012 to present. Credco has denied the claims and intends to defend the case vigorously. 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 (the "Separation and Distribution Agreement"), 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 the other party 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, 2018 , 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
	Mar. 31, 2018
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 (2.6)% and 31.8% for the three months ended March 31, 2018 and 2017 , respectively. For the three months ended March 31, 2018 , when compared to 2017 , the decrease in the effective income tax rate was primarily due to changes in the statutory tax rate from the enactment of the TCJA, favorable excess tax benefit related to share-based compensation and a favorable benefit related to the release of tax reserves due to the closure of state tax examinations. In December 2017, the U.S. passed the TCJA which included a reduction of the U.S. corporate income tax rate from 35.0% to 21.0%, an assessment of a one-time transition tax on certain foreign earnings that were previously tax deferred, a new provision that taxes certain income from foreign operations, a new limitation on deductible interest expense and limitations on the deductibility of certain executive compensation. At December 31, 2017 , we recorded a provisional tax benefit related to the remeasurement of our deferred tax assets and liabilities due to the reduction in the corporate income tax rate. As of March 31, 2018 , we have not completed our accounting for the tax effects of the TCJA. When our analysis is finalized, any resulting adjustments may materially impact our provision for income taxes and effective tax rate in the period in which the adjustments are made. We currently anticipate finalizing and recording any such adjustments and related elections by the end of 2018 . We are currently under examination for the years 2010 through 2012, by the U.S., our primary taxing jurisdiction, and various other state taxing authorities. It is reasonably possible the amount of the unrecognized benefits with respect to certain unrecognized tax positions that are not subject to the FAFC indemnification could significantly increase or decrease within the next twelve months and would have an impact on net income. Currently, the Company expects expiration of statutes of limitations, excluding indemnified amounts, on reserves of $2.9 million within the next twelve months.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2018
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, 2018 2017 (in thousands, except per share amounts) Numerator for basic and diluted net income per share: Net income from continuing operations $ 28,362 $ 12,708 (Loss)/income from discontinued operations, net of tax (75 ) 2,417 Gain from sale of discontinued operations, net of tax — 313 Net income $ 28,287 $ 15,438 Denominator: Weighted-average shares for basic income per share 81,254 84,432 Dilutive effect of stock options and restricted stock units 1,566 1,909 Weighted-average shares for diluted income per share 82,820 86,341 Income per share Basic: Net income from continuing operations $ 0.35 $ 0.15 (Loss)/income from discontinued operations, net of tax — 0.03 Gain from sale of discontinued operations, net of tax — — Net income $ 0.35 $ 0.18 Diluted: Net income from continuing operations $ 0.34 $ 0.15 (Loss)/income from discontinued operations, net of tax — 0.03 Gain from sale of discontinued operations, net of tax — — Net income $ 0.34 $ 0.18 The dilutive effect of share-based compensation awards has been calculated using the treasury-stock method. For the three months ended March 31, 2018 and 2017 , an aggregate of less than 0.1 million RSUs and an aggregate of less than 0.1 million of RSUs and PBRSUs, respectively, were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments 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 the fair value of the financial instruments presented, 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 certificates of deposit that are pledged for various letters of credit/bank guarantees secured by us and escrow accounts due to acquisitions and divestitures. We deem the carrying value to be a reasonable estimate of fair value due to the nature of these instruments. Contingent consideration The fair value of the contingent consideration was estimated using the Monte-Carlo simulation model, which relies on significant assumption 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 interest rate swap agreements 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, 2018 are presented in the following table: Fair Value Measurements Using (in thousands) Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 123,698 $ — $ — $ 123,698 Restricted cash — 8,609 — 8,609 Total $ 123,698 $ 8,609 $ — $ 132,307 Financial Liabilities: Contingent consideration $ — $ — $ 6,900 $ 6,900 Total debt — 1,734,043 — 1,734,043 Total $ — $ 1,734,043 $ 6,900 $ 1,740,943 Derivatives: Asset for Swaps $ — $ 18,542 $ — $ 18,542 Liability for Swaps $ — $ 1,046 $ — $ 1,046 The fair values of our financial instruments as of December 31, 2017 are presented in the following table: Fair Value Measurements Using (in thousands) Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 118,804 $ — $ — $ 118,804 Restricted cash — 11,065 — 11,065 Total $ 118,804 $ 11,065 $ — $ 129,869 Financial Liabilities: Contingent consideration $ — $ — $ 6,500 $ 6,500 Total debt — 1,780,547 — 1,780,547 Total $ — $ 1,780,547 $ 6,500 $ 1,787,047 Derivatives: Asset for Swaps $ — $ 11,985 $ — $ 11,985 There were no transfers between Level 1, Level 2 or Level 3 securities during the three months ended March 31, 2018 . In connection with our 2017 acquisitions, we entered into contingent consideration agreements, which we originally fair valued to $6.2 million using the Monte-Carlo simulation model. See Note 12 - Acquisitions for further discussion. The contingent payment is fair-valued quarterly and changes are recorded within gain on investments and other, net in our condensed consolidated statement of operations. For the three months ended March 31, 2018 we increased the fair value of our contingent consideration by $0.4 million and recorded the loss in our condensed consolidated statement of operations.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Acquisitions	Acquisitions In February 2018, we completed the acquisition of eTech for cash of approximately £15.0 million , or approximately $21.0 million . eTech is a leading provider of innovative mobile surveying and workflow management software that enhances productivity and mitigates risk for participants in the U.K. valuation market. This acquisition expands our U.K. presence and strengthens our technology platform offerings. eTech is included as a component of our PIRM reporting 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 a deferred tax liability of $1.4 million , proprietary technology of $6.9 million with an estimated useful life of 5 years, customer lists of $1.6 million with an estimated average useful life of 9 years, and goodwill of $14.6 million . The business combination did not have a material impact on our condensed consolidated statements of operations. In August 2017, we completed the acquisition of Myriad for $22.0 million , subject to working capital adjustments, and up to $3.0 million to be paid in cash by 2019, contingent upon the achievement of certain revenue targets in fiscal years 2017 and 2018. We fair valued the contingent payment using the Monte-Carlo simulation model and preliminarily recorded $1.8 million as contingent consideration. The contingent payment is fair valued quarterly and changes are recorded within gain on investments and other, net in the condensed consolidated statement of operations. See Note 11 - Fair Value of Financial Instruments for further discussion. This acquisition builds on our software-as-a-service capabilities by offering a workflow tool used by the insurance industry for policy underwriting. Myriad is included as a component of our PIRM reporting 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 a deferred tax liability of $3.1 million , customer lists of $1.7 million with an estimated average life of 12 years , tradenames of $1.6 million with an estimated average life of 7 years , proprietary technology of $5.8 million with an estimated useful life of 8 years and goodwill of $17.3 million . The business combination did not have a material impact on our condensed consolidated statements of operations. In August 2017, we completed the acquisition of Clareity for $15.0 million , subject to working capital adjustments. This acquisition leverages our market leading position in real estate and provides authentication-related services to real estate brokers and agents. Clareity is included as a component of our PIRM reporting 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 a deferred tax liability of $2.6 million , customer lists of $3.4 million with an estimated average life of 10 years , tradenames of $0.9 million with an estimated average life of 7 years , proprietary technology of $2.0 million with an estimated useful life of 5 years and goodwill of $10.9 million . The business combination did not have a material impact on our condensed consolidated statements of operations. In June 2017, we acquired a 45.0% interest in Mercury for $70.0 million , which included a call option to purchase the remaining 55.0% interest within the next nine-month period. In August 2017, we purchased the remaining 55.0% ownership of Mercury for an additional $83.0 million . Mercury is a technology company servicing small and medium-sized mortgage lenders and appraisal management companies to manage their collateral valuation operations. This acquisition 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. The purchase price allocation is subject to change based on our final determination of fair value in connection with intangible assets and working capital matters. We have preliminarily recorded a deferred tax liability of $19.8 million , tradenames of $3.6 million with an estimated life of 8 years , customer lists of $41.3 million with an estimated life of 10 years , proprietary technology of $20.1 million with an estimated life of 9 years , and goodwill of $104.8 million . During the three months ended March 31, 2018, goodwill was reduced by approximately $0.5 million as a result of a change in the purchase price allocation for certain working capital adjustments. This business combination did not have a material impact on our condensed consolidated statements of operations. We incurred $0.8 million and $0.3 million of acquisition-related costs within selling, general and administrative expenses on our condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 , respectively.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information We have organized our reportable segments into two 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 or 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 solutions include property insights and insurance & 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 $1.5 million and $1.4 million for the three months ended March 31, 2018 and 2017 , respectively. The segment also included intercompany expenses of $0.8 million and $0.7 million for the three months ended March 31, 2018 and 2017 , respectively. Underwriting & Workflow Solutions. Our UWS segment combines property information, mortgage information 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 or track this information and assist our clients with vetting and onboarding prospects, meeting compliance regulations and understanding, diagnosing and monitoring property values. Our solutions include property tax solutions, valuation solutions, credit solutions and flood services 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 and $0.7 million for the three months ended March 31, 2018 and 2017 , respectively. The segment also included intercompany expenses of $1.5 million and $1.4 million for the three months ended March 31, 2018 and 2017 , respectively. 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. Selected financial information by reportable segment is as follows: (in thousands) For the Three Months Ended March 31, 2018 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 PIRM $ 173,767 $ 25,735 $ 20,778 $ 271 $ 20,671 $ 13,206 UWS 273,419 14,964 48,053 18 47,754 2,313 Corporate — 5,441 (24,412 ) (56 ) (40,063 ) 3,965 Eliminations (2,286 ) — — — — — Consolidated (excluding discontinued operations) $ 444,900 $ 46,140 $ 44,419 $ 233 $ 28,362 $ 19,484 For the Three Months Ended March 31, 2017 PIRM $ 165,756 $ 24,860 $ 15,572 $ (293 ) $ 14,761 $ 12,788 UWS 276,191 13,802 37,250 (793 ) 36,193 1,424 Corporate — 4,810 (20,259 ) 363 (38,246 ) 2,900 Eliminations (2,096 ) — — — — — Consolidated (excluding discontinued operations) $ 439,851 $ 43,472 $ 32,563 $ (723 ) $ 12,708 $ 17,112 (in thousands) As of As of Assets March 31, 2018 December 31, 2017 PIRM $ 1,908,569 $ 1,911,222 UWS 2,158,437 2,151,092 Corporate 5,635,265 5,628,824 Eliminations (5,635,660 ) (5,614,108 ) Consolidated (excluding discontinued operations) $ 4,066,611 $ 4,077,030

Basis of Condensed Consolidat21

Basis of Condensed Consolidated Financial Statements (Policies)	3 Months Ended
	Mar. 31, 2018
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 U.S. residential real estate, mortgage origination and mortgage servicing markets. Approximately 34% and 40% of our operating revenues for the three months ended March 31, 2018 and 2017 , respectively, were generated from our top ten clients, who consist of the largest U.S. mortgage originators and servicers. None of our clients accounted for greater than 10% of our operating revenues for the three months ended March 31, 2018 , and one of our clients accounted for approximately 12% of our operating revenues for the three months ended March 31, 2017 .
Operating Revenue Recognition	Operating Revenue Recognition We derive our operating revenues primarily from U.S. 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, or 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. Less commonly, 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. See further discussion in Note 6 - Operating Revenues .
Comprehensive Income	Comprehensive Income Comprehensive income includes all changes in equity except those resulting from investments by owners and distributions to owners. Specifically, foreign currency translation adjustments, amounts related to supplemental benefit plans, unrealized gains and losses on interest rate swap transactions and unrealized gains and losses on investment are recorded in other 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. We recorded equity in earnings of affiliates, net of tax of $0.2 million and equity in losses of affiliates, net of tax of $0.7 million for the three months ended March 31, 2018 and 2017 , respectively. For the three months ended March 31, 2018 and 2017 , we recorded $0.3 million and $2.2 million , respectively, of operating revenues and $3.3 million and $2.8 million , respectively, of operating expenses related to our investment in affiliates.
Tax Escrow Disbursement Arrangements	Tax Escrow Disbursement Arrangements We administer tax escrow disbursements as a service to our clients in connection with our property tax processing solutions. These deposits are maintained in segregated accounts for the benefit of our clients. Tax escrow deposits totaled $6.1 billion as of March 31, 2018 and $961.5 million as of December 31, 2017 . 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 generally derive operating income and expenses from these deposits and bear the risk of loss. To mitigate the risk of loss, we diversify the placement of funds across institutions with high credit ratings. 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 $20.6 million and $21.7 million as of March 31, 2018 and December 31, 2017 , respectively, of which $9.3 million and $9.4 million , respectively, 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 2018, the Financial Accounting Standards Board ("FASB") issued guidance pertaining to the accounting of the Tax Cuts and Jobs Act ("TCJA"), allowing companies a year to finalize and record any provisional or inestimable impacts of the TCJA. This guidance is effective upon issuance during this quarter. The adoption of this particular guidance did not have a material effect on our financial statements. See Note 9 - Income Taxes for discussion of the impacts of the TCJA on our Company. In February 2018, the FASB issued guidance permitting companies to reclassify stranded tax effects from the TCJA from accumulated other comprehensive income to retained earnings. The stranded tax effects consist of deferred taxes originally recorded in accumulated other comprehensive income that exceed the newly enacted federal corporate tax rate. As permitted in the guidance, we elected to early adopt as of January 1, 2018. The net impact of adoption was a balance sheet reclassification of a $0.4 million unrealized loss within accumulated other comprehensive loss to retained earnings in the first quarter of 2018. In August 2017, the FASB issued guidance to amend and improve the accounting for hedging activities. The amendment eliminates the requirement to separately measure and report hedge ineffectiveness. An initial quantitative assessment to establish that the hedge is highly effective is still required but the amendment allows until the end of the first quarter it is designated to perform to prepare the assessment. After initial qualification, a qualitative assessment can be performed if the hedge is highly effective and the documentation at inception can reasonably support an expectation of high effectiveness throughout the hedge’s term. The amendment requires companies to present all hedged accounting elements that affect earnings in the same income statement line as the hedged item. For highly effective cash flow hedges, fair value changes will be recorded in other comprehensive income and reclassified to earnings when the hedged item impacts earnings. The guidance is effective prospectively in fiscal years beginning after December 15, 2018. Early adoption is permitted but we do not anticipate to elect early adoption. We do not expect the adoption of this guidance to have a material impact on our consolidated financial statements. In November 2016, the FASB issued guidance that affects the presentation of restricted cash in the statement of cash flows and related disclosures. The guidance requires that the statement of cash flows explain the change in the combined total of restricted and unrestricted balances. Disclosure of how the statement of cash flows reconciles to the balance sheet is required if restricted cash is shown separately from cash and cash equivalents and the nature of the restrictions. We have adopted this guidance in the current period as required. Please see further discussion above within this Note. In February 2016, the FASB issued guidance on lease accounting which requires leases with durations greater than 12-months to be recognized on the balance sheet as lease assets and lease liabilities beginning after December 15, 2018. The recognition, measurement and presentation of expenses and cash flows arising from a lease by a lessee will depend on its classification as a finance or operating lease. Early adoption is permitted, however we will adopt on the required date of January 1, 2019. We are continuing to evaluate the impact of adopting this standard on our consolidated financial statements, controls and processes. We anticipate that our notes to the consolidated financial statements related to leases will be expanded and the most substantial change to our consolidated financial statements will be a gross-up of our total assets and liabilities of less than 5%, based on our preliminary analysis. Further, the guidance is not expected to materially impact our results of operations in the upcoming fiscal years and interim periods. Once further evaluation is complete we will expand our disclosure regarding the expected impact of adopting the updated guidance. In January 2016, the FASB issued guidance on accounting for equity investments and financial liabilities. The standard does not apply to equity method investments or investments in consolidated subsidiaries. The update provides that equity investments with readily determinable values be measured at fair value and changes in the fair value flow through net income. These changes historically have been included in other comprehensive income. Equity investments without readily determinable fair values have the option to be measured at fair value or at cost adjusted for changes in observable prices minus impairment. Changes in fair value from the application of either method are also recognized in net income. The standard requires a qualitative assessment of impairment indicators at each reporting period. For financial liabilities, entities that elect the fair value option must recognize the change in fair value attributable to instrument-specific credit risk in other comprehensive loss rather than net income. Lastly, regarding deferred tax assets, the need for a valuation allowance on a deferred tax asset will need to be assessed in relation to available-for-sale debt securities. The guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We have adopted this guidance in the current period, which did not have a material effect on our financial statements. In May 2014, the FASB issued updated guidance on revenue recognition in order to i) remove inconsistencies in revenue requirements, ii) provide a better framework for addressing revenue issues, iii) improve comparability across entities, industries, etc., iv) provide more useful information through improved disclosures, and v) simplify the preparation of financial statements by reducing the number of requirements to which an entity must refer. Under the amendment, an entity should recognize revenue to depict the transfer of promised goods or services to customers in the amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting treatment for the incremental costs of obtaining a contract, which would not have been incurred had the contract not been obtained. Further, an entity is required to disclose sufficient information to enable the user of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows from contracts with customers. The updated guidance provides two methods of adoption: i) retrospective application to each prior reporting period presented, or ii) recognition of the cumulative effect from the retrospective application at the date of initial application. On January 1, 2018, we adopted this new accounting standard, and all the related amendments, using the modified retrospective approach for all contracts that were not completed as of the adoption date. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those prior periods. We also applied practical expedients which permit (i) the omission of remaining performance obligations that have contracts with an original expected duration of one year or less, (ii) the omission of performance obligations, which are for usage-based variable consideration, which we will recognize over the term of the arrangements based on the actual usage by the customers and (iii) expensing incremental contract costs, which would have otherwise been recognized in one year or less.

Basis of Condensed Consolidat22

Basis of Condensed Consolidated Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of 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, 2018 March 31, 2017 Cash and cash equivalents $ 123,698 $ 102,932 Restricted cash included in other assets 7,540 17,423 Restricted cash included in prepaid expenses and other current assets 1,069 — Total cash, cash equivalents and restricted cash $ 132,307 $ 120,355
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, 2018 March 31, 2017 Cash and cash equivalents $ 123,698 $ 102,932 Restricted cash included in other assets 7,540 17,423 Restricted cash included in prepaid expenses and other current assets 1,069 — Total cash, cash equivalents and restricted cash $ 132,307 $ 120,355
Schedule of Accumulated Other Comprehensive Loss	The following table shows the components of accumulated other comprehensive loss, net of taxes as of March 31, 2018 and December 31, 2017 : (in thousands) 2018 2017 Cumulative foreign currency translation $ (99,755 ) $ (95,630 ) Cumulative supplemental benefit plans (6,760 ) (5,461 ) Net unrecognized gains on interest rate swaps 13,131 7,400 Accumulated other comprehensive loss $ (93,384 ) $ (93,691 )
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The impact of the adoption of the new accounting standard on our condensed consolidated balance sheet is as follows: March 31, 2018 (in thousands) As Reported Balances Without Adoption Adjustments Effect of Change Higher/(Lower) Assets Accounts receivable, net $ 244,046 $ 244,303 $ (257 ) Prepaid expenses and other current assets 45,202 47,308 (2,106 ) Income tax receivable 8,053 8,044 9 Other assets 110,721 108,275 2,446 Liabilities Accounts payable and other accrued expenses $ 171,030 $ 171,220 $ (190 ) Contract liabilities, current 310,590 302,351 8,239 Contract liabilities, net of current 527,791 504,906 22,885 Deferred income tax liability 103,695 111,431 (7,736 ) Equity Accumulated other comprehensive loss $ (93,384 ) $ (93,391 ) $ 7 Retained earnings 881,798 904,912 (23,114 ) As of March 31, 2018 , as reported balances include previously discussed adjustments related to the adoption of the new accounting guidance. The impact of the adoption of the new accounting standard on our condensed consolidated statement of operations is as follows: For the Three Months Ended March 31, 2018 (in thousands) As Reported Balances Without Adoption Adjustments Effect of Change Higher/(Lower) Operating revenue $ 444,900 $ 444,405 $ 495 Cost of services 239,389 239,526 (137 ) Selling, general and administrative expenses 114,952 114,380 572 Operating income 44,419 44,359 60 Benefit for income taxes (711 ) (702 ) (9 ) Net income 28,287 28,218 69 The cumulative effect of the changes made to our condensed consolidated balance sheet as of January 1, 2018 for the adoption of the new accounting standard is as follows: (in thousands) December 31, 2017 Adoption Adjustments January 1, 2018 Assets Accounts receivable, net $ 256,595 $ (941 ) $ 255,654 Prepaid expenses and other current assets 47,220 (965 ) 46,255 Other assets 104,516 2,546 107,062 Liabilities Contract liabilities, current $ 303,948 $ 6,767 $ 310,715 Contract liabilities, net of current 504,900 24,801 529,701 Deferred income tax liability 102,571 (7,736 ) 94,835 Equity Retained earnings $ 877,111 $ (23,183 ) $ 853,928 Accumulated other comprehensive loss (93,691 ) (9 ) (93,700 )

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net as of March 31, 2018 and December 31, 2017 consists of the following: (in thousands) 2018 2017 Land $ 7,476 $ 7,476 Buildings 6,487 6,487 Furniture and equipment 65,413 63,255 Capitalized software 889,188 878,156 Leasehold improvements 40,258 39,990 Construction in progress 399 1,349 1,009,221 996,713 Less accumulated depreciation (565,352 ) (549,054 ) Property and equipment, net $ 443,869 $ 447,659

Goodwill, Net (Tables)

Goodwill, Net (Tables)	3 Months Ended
	Mar. 31, 2018
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 operating segment and reporting unit, for the three months ended March 31, 2018 , is as follows: (in thousands) PIRM UWS Consolidated Balance as of January 1, 2018 Goodwill $ 1,029,223 $ 1,228,901 $ 2,258,124 Accumulated impairment losses (600 ) (6,925 ) (7,525 ) Goodwill, net 1,028,623 1,221,976 2,250,599 Acquisitions 14,648 (526 ) 14,122 Translation adjustments (2,640 ) — (2,640 ) Balance as of March 31, 2018 Goodwill, net $ 1,040,631 $ 1,221,450 $ 2,262,081

Other Intangible Assets, Net (T

Other Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets by Major Class	Other intangible assets, net consist of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Client lists $ 691,647 $ (314,706 ) $ 376,941 $ 690,693 $ (303,632 ) $ 387,061 Non-compete agreements 28,113 (16,473 ) 11,640 28,118 (15,528 ) 12,590 Trade names and licenses 124,957 (51,757 ) 73,200 125,090 (49,128 ) 75,962 $ 844,717 $ (382,936 ) $ 461,781 $ 843,901 $ (368,288 ) $ 475,613
Schedule of Expected Amortization Expense	Estimated amortization expense for other intangible assets, net is as follows: (in thousands) Remainder of 2018 $ 41,981 2019 55,646 2020 55,400 2021 52,690 2022 51,020 Thereafter 205,044 $ 461,781

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Our long-term debt consists of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Debt Issuance Costs Net Gross Debt Issuance Costs Net Bank debt: Term loan facility borrowings due August 2022, weighted-average interest rate of 3.52% and 3.28% as of March 31, 2018 and December 31, 2017, respectively $ 1,710,000 $ (16,007 ) $ 1,693,993 $ 1,755,000 $ (17,017 ) $ 1,737,983 Revolving line of credit borrowings due August 2022 — (6,308 ) (6,308 ) — (6,672 ) (6,672 ) Notes: 7.55% senior debentures due April 2028 14,645 (47 ) 14,598 14,645 (48 ) 14,597 Other debt: Various debt instruments with maturities through 2021 7,657 — 7,657 7,662 — 7,662 Total long-term debt 1,732,302 (22,362 ) 1,709,940 1,777,307 (23,737 ) 1,753,570 Less current portion of long-term debt 49,699 — 49,699 70,046 — 70,046 Long-term debt, net of current portion $ 1,682,603 $ (22,362 ) $ 1,660,241 $ 1,707,261 $ (23,737 ) $ 1,683,524

Operating Revenues (Tables)

Operating Revenues (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Operating revenues by solution type consists of the following: (in thousands) For the Three Months Ended March 31, 2018 PIRM UWS Corporate and Eliminations Consolidated Property Insights $ 123,672 $ — $ — $ 123,672 Insurance & Spatial Solutions 37,164 — — 37,164 Flood Data Services — 16,974 — 16,974 Valuations Solutions — 71,444 — 71,444 Credit Solutions — 81,485 — 81,485 Property Tax Solutions — 89,881 — 89,881 Other 12,931 13,635 (2,286 ) 24,280 Total Operating Revenue $ 173,767 $ 273,419 $ (2,286 ) $ 444,900

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
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, 2018 is as follows: Number of Weighted-Average Grant-Date (in thousands, except weighted-average fair value prices) Shares Fair Value Unvested RSUs outstanding at December 31, 2017 1,309 $ 37.54 RSUs granted 469 $ 46.03 RSUs vested (475 ) $ 35.91 RSUs forfeited (6 ) $ 37.55 Unvested RSUs outstanding at March 31, 2018 1,297 $ 41.18
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, 2018 2017 Expected dividend yield — % — % Risk-free interest rate (1) 2.38 % 1.47 % Expected volatility (2) 23.63 % 27.83 % Average total stockholder return (2) 6.11 % 1.46 % (1) The risk-free interest rate for the periods within the contractual term of the PBRSUs is based on the U.S. Treasury yield curve in effect at the time of the grant. (2) 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, 2018 is as follows: Number of Weighted-Average Grant-Date (in thousands, except weighted-average fair value prices) Shares Fair Value Unvested PBRSUs outstanding at December 31, 2017 659 $ 37.22 PBRSUs granted 315 $ 45.97 PBRSUs vested (239 ) $ 33.91 PBRSUs forfeited (13 ) $ 37.55 Unvested PBRSUs outstanding at March 31, 2018 722 $ 40.82
Schedule of Share-based Compensation, Stock Options, Activity	Option activity for the three months ended March 31, 2018 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, 2017 1,186 $ 20.67 Options exercised (589 ) $ 21.23 Options vested, exercisable, and outstanding at March 31, 2018 597 $ 20.12 4.1 $ 14,979
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, 2018 and 2017 . For the Three Months Ended March 31, (in thousands) 2018 2017 RSUs $ 7,395 $ 9,787 PBRSUs 714 1,668 Stock options — 138 Employee stock purchase plan 568 574 $ 8,677 $ 12,167

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
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, 2018 2017 (in thousands, except per share amounts) Numerator for basic and diluted net income per share: Net income from continuing operations $ 28,362 $ 12,708 (Loss)/income from discontinued operations, net of tax (75 ) 2,417 Gain from sale of discontinued operations, net of tax — 313 Net income $ 28,287 $ 15,438 Denominator: Weighted-average shares for basic income per share 81,254 84,432 Dilutive effect of stock options and restricted stock units 1,566 1,909 Weighted-average shares for diluted income per share 82,820 86,341 Income per share Basic: Net income from continuing operations $ 0.35 $ 0.15 (Loss)/income from discontinued operations, net of tax — 0.03 Gain from sale of discontinued operations, net of tax — — Net income $ 0.35 $ 0.18 Diluted: Net income from continuing operations $ 0.34 $ 0.15 (Loss)/income from discontinued operations, net of tax — 0.03 Gain from sale of discontinued operations, net of tax — — Net income $ 0.34 $ 0.18

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The fair values of our financial instruments as of March 31, 2018 are presented in the following table: Fair Value Measurements Using (in thousands) Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 123,698 $ — $ — $ 123,698 Restricted cash — 8,609 — 8,609 Total $ 123,698 $ 8,609 $ — $ 132,307 Financial Liabilities: Contingent consideration $ — $ — $ 6,900 $ 6,900 Total debt — 1,734,043 — 1,734,043 Total $ — $ 1,734,043 $ 6,900 $ 1,740,943 Derivatives: Asset for Swaps $ — $ 18,542 $ — $ 18,542 Liability for Swaps $ — $ 1,046 $ — $ 1,046 The fair values of our financial instruments as of December 31, 2017 are presented in the following table: Fair Value Measurements Using (in thousands) Level 1 Level 2 Level 3 Fair Value Financial Assets: Cash and cash equivalents $ 118,804 $ — $ — $ 118,804 Restricted cash — 11,065 — 11,065 Total $ 118,804 $ 11,065 $ — $ 129,869 Financial Liabilities: Contingent consideration $ — $ — $ 6,500 $ 6,500 Total debt — 1,780,547 — 1,780,547 Total $ — $ 1,780,547 $ 6,500 $ 1,787,047 Derivatives: Asset for Swaps $ — $ 11,985 $ — $ 11,985

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Selected financial information by reportable segment is as follows: (in thousands) For the Three Months Ended March 31, 2018 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 PIRM $ 173,767 $ 25,735 $ 20,778 $ 271 $ 20,671 $ 13,206 UWS 273,419 14,964 48,053 18 47,754 2,313 Corporate — 5,441 (24,412 ) (56 ) (40,063 ) 3,965 Eliminations (2,286 ) — — — — — Consolidated (excluding discontinued operations) $ 444,900 $ 46,140 $ 44,419 $ 233 $ 28,362 $ 19,484 For the Three Months Ended March 31, 2017 PIRM $ 165,756 $ 24,860 $ 15,572 $ (293 ) $ 14,761 $ 12,788 UWS 276,191 13,802 37,250 (793 ) 36,193 1,424 Corporate — 4,810 (20,259 ) 363 (38,246 ) 2,900 Eliminations (2,096 ) — — — — — Consolidated (excluding discontinued operations) $ 439,851 $ 43,472 $ 32,563 $ (723 ) $ 12,708 $ 17,112 (in thousands) As of As of Assets March 31, 2018 December 31, 2017 PIRM $ 1,908,569 $ 1,911,222 UWS 2,158,437 2,151,092 Corporate 5,635,265 5,628,824 Eliminations (5,635,660 ) (5,614,108 ) Consolidated (excluding discontinued operations) $ 4,066,611 $ 4,077,030

Basis of Condensed Consolidat32

Basis of Condensed Consolidated Financial Statements (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jan. 01, 2018	Dec. 31, 2017
Accounts payable and other accrued expenses	$ 171,030			$ 145,655
(Benefit)/provision for income taxes	(711)	$ 6,274
Deferred income tax assets and other current assets	600			400
Equity in earnings/(losses) of affiliates, net of tax (less than)	233	(723)
Tax escrow deposits	6,100,000			961,500
Reserves incorrect disposition of assets	20,600			21,700
Reclassification from AOCI to retained earnings for tax act	400
Revenue from related parties	300	2,200
Costs and Expenses, Related Party	3,300	2,800
Possible indemnification exposure, maximum	25,000
Gain related to legal settlement		$ 4,500
Accumulated other comprehensive loss	(93,384)		$ (93,700)	(93,691)
Disposal group, liabilities current	1,800			1,800
Contract costs	$ 1,600
Minimum
Escrow deposits, period held by the Company (in business days)	2 days
Maximum
Escrow deposits, period held by the Company (in business days)	5 days
Ten Largest Clients | Sales Revenue, Net | Customer Concentration Risk
Concentration risk, percentage	34.00%	40.00%
Client A | Sales Revenue, Net | Customer Concentration Risk
Concentration risk, percentage		12.00%
Accounts Payable and Accrued Liabilities
Reserves incorrect disposition of assets	$ 9,300			$ 9,400

Basis of Condensed Consolidat33

Basis of Condensed Consolidated Financial Statements (Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 123,698	$ 118,804	$ 102,932
Restricted cash included in other assets	7,540		17,423
Restricted cash included in prepaid expenses and other current assets	1,069		0
Total cash, cash equivalents and restricted cash	$ 132,307	$ 129,869	$ 120,355	$ 89,974

Basis of Condensed Consolidat34

Basis of Condensed Consolidated Financial Statements (AOCI Table) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cumulative foreign currency translation	$ (99,755)		$ (95,630)
Cumulative supplemental benefit plans	(6,760)		(5,461)
Net unrecognized gains on interest rate swaps	13,131		7,400
Accumulated other comprehensive loss	$ (93,384)	$ (93,700)	$ (93,691)

Basis of Condensed Consolidat35

Basis of Condensed Consolidated Financial Statements (Cumulative Effect of Adoption of New Accounting Standard) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	$ 244,046	$ 255,654	$ 256,595
Prepaid expenses and other current assets	45,202	46,255	47,220
Other assets	110,721	107,062	104,516
Contract liabilities, current	310,590	310,715	303,948
Contract liabilities, net of current	527,791	529,701	504,900
Deferred income tax liability	103,695	94,835	102,571
Retained earnings	881,798	853,928	877,111
Accumulated other comprehensive loss	(93,384)	$ (93,700)	(93,691)
Contract liabilities	838,400		840,400
Calculated under Revenue Guidance in Effect before Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net			256,595
Prepaid expenses and other current assets			47,220
Other assets			104,516
Contract liabilities, current			303,948
Contract liabilities, net of current			504,900
Deferred income tax liability			102,571
Retained earnings			877,111
Accumulated other comprehensive loss			(93,691)
Calculated under Revenue Guidance in Effect before Topic 606 | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	244,303
Prepaid expenses and other current assets	47,308
Other assets	108,275
Contract liabilities, current	302,351
Contract liabilities, net of current	504,906
Deferred income tax liability	111,431
Retained earnings	904,912
Accumulated other comprehensive loss	(93,391)
Adoption Adjustments | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	(257)		(941)
Prepaid expenses and other current assets	(2,106)		(965)
Other assets	2,446		2,546
Contract liabilities, current	8,239		6,767
Contract liabilities, net of current	22,885		24,801
Deferred income tax liability	(7,736)		(7,736)
Retained earnings	(23,114)		(23,183)
Accumulated other comprehensive loss	$ 7		(9)
Contract liabilities			31,600
Contract liabilities result of change in accounting for contracts containing material rights the client received due to having contract			$ 23,200

Basis of Condensed Consolidat36

Basis of Condensed Consolidated Financial Statements (Impact of Adoption of New Accounting Standard on Balance Sheet) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	$ 244,046	$ 255,654	$ 256,595
Prepaid expenses and other current assets	45,202	46,255	47,220
Income tax receivable	8,053		7,649
Other assets	110,721	107,062	104,516
Accounts payable and other accrued expenses	171,030		145,655
Contract liabilities, current	310,590	310,715	303,948
Contract liabilities, net of current	527,791	529,701	504,900
Deferred income tax liability	103,695	94,835	102,571
Retained earnings	881,798	853,928	877,111
Accumulated other comprehensive loss	(93,384)	$ (93,700)	(93,691)
Balances Without Adoption Adjustments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net			256,595
Prepaid expenses and other current assets			47,220
Other assets			104,516
Contract liabilities, current			303,948
Contract liabilities, net of current			504,900
Deferred income tax liability			102,571
Retained earnings			877,111
Accumulated other comprehensive loss			(93,691)
Accounting Standards Update 2014-09 | Balances Without Adoption Adjustments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	244,303
Prepaid expenses and other current assets	47,308
Income tax receivable	8,044
Other assets	108,275
Accounts payable and other accrued expenses	171,220
Contract liabilities, current	302,351
Contract liabilities, net of current	504,906
Deferred income tax liability	111,431
Retained earnings	904,912
Accumulated other comprehensive loss	(93,391)
Accounting Standards Update 2014-09 | Effect of Change Higher/(Lower)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	(257)		(941)
Prepaid expenses and other current assets	(2,106)		(965)
Income tax receivable	9
Other assets	2,446		2,546
Accounts payable and other accrued expenses	(190)
Contract liabilities, current	8,239		6,767
Contract liabilities, net of current	22,885		24,801
Deferred income tax liability	(7,736)		(7,736)
Retained earnings	(23,114)		(23,183)
Accumulated other comprehensive loss	$ 7		$ (9)

Basis of Condensed Consolidat37

Basis of Condensed Consolidated Financial Statements (Impact of Adoption of New Accounting Standard on Statement of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating revenues	$ 444,900	$ 439,851
Cost of services	239,389	251,966
Selling, general and administrative expenses	114,952	111,850
Operating income	44,419	32,563
Benefit for income taxes	(711)	6,274
Net income	28,287	$ 15,438
Accounting Standards Update 2014-09 | Effect of Change Higher/(Lower)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating revenues	495
Cost of services	(137)
Selling, general and administrative expenses	572
Operating income	60
Benefit for income taxes	(9)
Net income	69
Accounting Standards Update 2014-09 | Balances Without Adoption Adjustments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating revenues	444,405
Cost of services	239,526
Selling, general and administrative expenses	114,380
Operating income	44,359
Benefit for income taxes	(702)
Net income	$ 28,218

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,009,221		$ 996,713
Less accumulated depreciation	(565,352)		(549,054)
Property and equipment, net	443,869		447,659
Depreciation expense	21,800	$ 20,600
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	65,413		63,255
Capitalized software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	889,188		878,156
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	40,258		39,990
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 399		$ 1,349

Goodwill, Net (Details)

Goodwill, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Goodwill		$ 2,258,124
Accumulated impairment losses		(7,525)
Goodwill, net	$ 2,250,599
Acquisitions	14,122
Translation adjustments	(2,640)
Goodwill, net	2,262,081
PIRM
Goodwill [Roll Forward]
Goodwill		1,029,223
Accumulated impairment losses		(600)
Goodwill, net	1,028,623
Acquisitions	14,648
Translation adjustments	(2,640)
Goodwill, net	1,040,631
UWS
Goodwill [Roll Forward]
Goodwill		1,228,901
Accumulated impairment losses		$ (6,925)
Goodwill, net	1,221,976
Acquisitions	(526)
Translation adjustments	0
Goodwill, net	$ 1,221,450

Other Intangible Assets, Net (S

Other Intangible Assets, Net (Schedule of Finite-Lived Intangible Assets by Major Class) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross	$ 844,717	$ 843,901
Accumulated Amortization	(382,936)	(368,288)
Net	461,781	475,613
Client lists
Finite-Lived Intangible Assets [Line Items]
Gross	691,647	690,693
Accumulated Amortization	(314,706)	(303,632)
Net	376,941	387,061
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross	28,113	28,118
Accumulated Amortization	(16,473)	(15,528)
Net	11,640	12,590
Trade names and licenses
Finite-Lived Intangible Assets [Line Items]
Gross	124,957	125,090
Accumulated Amortization	(51,757)	(49,128)
Net	$ 73,200	$ 75,962

Other Intangible Assets, Net (F

Other Intangible Assets, Net (Finite Lived Intangible Asset Future Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense for finite-lived intangible assets	$ 15,200	$ 14,000
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Remainder of 2018	41,981
2,019	55,646
2,020	55,400
2,021	52,690
2,022	51,020
Thereafter	205,044
Net	$ 461,781		$ 475,613

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Apr. 30, 1998
Debt Instrument [Line Items]
Gross	$ 1,732,302	$ 1,777,307
Debt Issuance Costs	(22,362)	(23,737)
Net	1,709,940	1,753,570
Less current portion of long-term debt	49,699	70,046
Long-term debt, net of current portion, gross	1,682,603	1,707,261
Long-term debt, net of current portion, debt issuance costs	(22,362)	(23,737)
Long-term debt, net of current portion, net	1,660,241	1,683,524
Revolving line of credit | Revolving line of credit borrowings due August 2022
Debt Instrument [Line Items]
Gross	0	0
Debt Issuance Costs	(6,308)	(6,672)
Net	(6,308)	(6,672)
Term loan facility | Term Loan Due August 2022
Debt Instrument [Line Items]
Gross	1,710,000	1,755,000
Debt Issuance Costs	(16,007)	(17,017)
Net	$ 1,693,993	$ 1,737,983
Weighted average rate on debt	3.52%	3.28%
Senior notes | 7.55% senior debentures due April 2028
Debt Instrument [Line Items]
Gross	$ 14,645	$ 14,645
Debt Issuance Costs	(47)	(48)
Net	$ 14,598	14,597
Stated rate on debt	7.55%		7.55%
Other debt | Various debt instruments with maturities through 2021
Debt Instrument [Line Items]
Gross	$ 7,657	7,662
Debt Issuance Costs	0	0
Net	$ 7,657	$ 7,662

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details)	3 Months Ended
	Mar. 31, 2018USD ($)swap	Mar. 31, 2017USD ($)	Aug. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2017USD ($)	Aug. 31, 2017USD ($)	Apr. 30, 1998USD ($)
Debt Instrument [Line Items]
Accrued interest expense	$ 1,300,000				$ 1,000,000
Credit agreement, potential increase to term loan and line of credit	100,000,000
Debt issuance costs						$ 14,300,000
Debt issuance costs capitalized	14,000,000
Unamortized costs	12,000,000
Debt issuance costs expensed	1,376,000	$ 1,440,000
Market value adjustments on interest rate swaps, net of tax	$ 4,137,000	1,530,000
Interest Rate Swap
Debt Instrument [Line Items]
Derivative, number of instruments held | swap	4
Remaining notional balance	$ 1,300,000,000
Derivative, average fixed interest rate	1.31%
Asset for Swaps					12,000,000
Interest Rate Swap | Forecast
Debt Instrument [Line Items]
Remaining notional balance			$ 585,000,000	$ 1,100,000,000
Swap
Debt Instrument [Line Items]
Market value adjustments on interest rate swaps, net of tax	$ 4,100,000	(1,500,000)
Deferred taxes on interest rate swaps	1,400,000	$ 900,000
Revolving line of credit borrowings due August 2022 | Revolving line of credit
Debt Instrument [Line Items]
Multicurrency revolving sub-facility	100,000,000
Revolving line of credit borrowings due August 2022 | Letter of Credit
Debt Instrument [Line Items]
Revolving credit facility, letter of credit sub-facility	$ 50,000,000
Minimum | Interest Rate Swap
Debt Instrument [Line Items]
Derivative, average fixed interest rate	1.03%
Maximum | Interest Rate Swap
Debt Instrument [Line Items]
Derivative, average fixed interest rate	2.61%
Term loan facility | Term Loan A-1 Due August 2022
Debt Instrument [Line Items]
Term facility, maximum borrowing capacity	$ 1,800,000,000
Term of loan facility	5 years
Line of credit | Revolving line of credit
Debt Instrument [Line Items]
Term facility, maximum borrowing capacity	$ 700,000,000
Revolving line of credit, remaining borrowing capacity	700,000,000
Senior notes | 7.55% senior debentures due April 2028
Debt Instrument [Line Items]
Debt instrument, face amount							$ 100,000,000
Recurring | Interest Rate Swap
Debt Instrument [Line Items]
Asset for Swaps	18,542,000				11,985,000
Liability for Swaps	1,046,000
Level 2 | Recurring | Interest Rate Swap
Debt Instrument [Line Items]
Asset for Swaps	18,542,000				$ 11,985,000
Liability for Swaps	1,046,000
Level 2 | Recurring | Interest Rate Swap | Current Assets
Debt Instrument [Line Items]
Asset for Swaps	$ 1,600,000

Operating Revenues - Operating

Operating Revenues - Operating Revenues by Solution Type (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Disaggregation of Revenue [Line Items]
Operating Revenue	$ 444,900
Property Insights
Disaggregation of Revenue [Line Items]
Operating Revenue	123,672
Insurance & Spatial Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	37,164
Flood Data Services
Disaggregation of Revenue [Line Items]
Operating Revenue	16,974
Valuations Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	71,444
Credit Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	81,485
Property Tax Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	$ 89,881
Expected service period revenue is recognized	10 years
Other
Disaggregation of Revenue [Line Items]
Operating Revenue	$ 24,280
Operating Segments | PIRM
Disaggregation of Revenue [Line Items]
Operating Revenue	173,767
Operating Segments | PIRM | Property Insights
Disaggregation of Revenue [Line Items]
Operating Revenue	123,672
Operating Segments | PIRM | Insurance & Spatial Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	37,164
Operating Segments | PIRM | Flood Data Services
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | PIRM | Valuations Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | PIRM | Credit Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | PIRM | Property Tax Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | PIRM | Other
Disaggregation of Revenue [Line Items]
Operating Revenue	12,931
Operating Segments | UWS
Disaggregation of Revenue [Line Items]
Operating Revenue	273,419
Operating Segments | UWS | Property Insights
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | UWS | Insurance & Spatial Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Operating Segments | UWS | Flood Data Services
Disaggregation of Revenue [Line Items]
Operating Revenue	16,974
Operating Segments | UWS | Valuations Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	71,444
Operating Segments | UWS | Credit Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	81,485
Operating Segments | UWS | Property Tax Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	89,881
Operating Segments | UWS | Other
Disaggregation of Revenue [Line Items]
Operating Revenue	13,635
Corporate and Eliminations
Disaggregation of Revenue [Line Items]
Operating Revenue	(2,286)
Corporate and Eliminations | Property Insights
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Insurance & Spatial Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Flood Data Services
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Valuations Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Credit Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Property Tax Solutions
Disaggregation of Revenue [Line Items]
Operating Revenue	0
Corporate and Eliminations | Other
Disaggregation of Revenue [Line Items]
Operating Revenue	$ (2,286)

Operating Revenues - Contract C

Operating Revenues - Contract Costs (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)
Disaggregation of Revenue [Line Items]
Amortization period of contracts costs	10 years
Amortization recorded for deferred costs	$ 3.4
Prepaid expenses and other current assets
Disaggregation of Revenue [Line Items]
Long term deferred costs	11.6
Other assets
Disaggregation of Revenue [Line Items]
Long term deferred costs	$ 21.4

Operating Revenues - Contract L

Operating Revenues - Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Contract liabilities	$ 838.4	$ 840.4
Overall change in contract liability balances	(2)
New deferred billings for current reporting period	121.2
Operating revenue recognized	$ 123.5
Operating revenue recognized for contracts previously deferred		$ 93

Operating Revenues - Remaining

Operating Revenues - Remaining Performance Obligations (Details) $ in Billions	3 Months Ended
	Mar. 31, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Remaining performance obligations	$ 1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected period revenue is recognized	9 months
Percentage of performance obligations to be recognized	26.80%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected period revenue is recognized	1 year
Percentage of performance obligations to be recognized	26.80%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected period revenue is recognized	1 year
Percentage of performance obligations to be recognized	16.90%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected period revenue is recognized
Percentage of performance obligations to be recognized	29.50%

Operating Revenues - Remainin48

Operating Revenues - Remaining Performance Obligations Periods (Details)	3 Months Ended
	Mar. 31, 2018
Minimum
Disaggregation of Revenue [Line Items]
Expected period revenue is recognized	1 year
Maximum
Disaggregation of Revenue [Line Items]
Expected period revenue is recognized	3 years

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jul. 29, 2014
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	$ 8,677,000	$ 12,167,000
Cost of Services
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 2,200,000	$ 1,200,000
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted during the period (in units)	469,323	607,444
Estimated grant-date fair value	$ 21,600,000	$ 24,000,000
Award vesting period in years	3 years
Unrecognized compensation cost	$ 41,200,000
Period of recognition for unrecognized compensation cost in years	2 years 3 months 9 days
Stock-based compensation expense	$ 7,395,000	$ 9,787,000
PBRSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted during the period (in units)	315,259	288,331
Estimated grant-date fair value	$ 14,500,000	$ 11,500,000
Unrecognized compensation cost	$ 17,100,000
Period of recognition for unrecognized compensation cost in years	2 years 4 months 11 days
Stock-based compensation expense	$ 714,000	1,668,000
PBRSUs | Operating Revenue, Sole Performance Metric
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units granted during the period (in units)	143,439
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 0
Intrinsic value of options exercised	13,500,000	2,500,000
Stock-based compensation expense	$ 0	$ 138,000
CoreLogic 2011 Performance Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)			21,909,000

Share-Based Compensation (Restr

Share-Based Compensation (Restricted Stock Units) (Details) - RSUs - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Number of Shares
Outstanding, Beginning of Period (in units)	1,309,000
Granted (in units)	469,323	607,444
Vested (in units)	(475,000)
Forfeited (in units)	(6,000)
Outstanding, End of Period (in units)	1,297,000
Weighted Average Grant Date Fair Value
Unvested units outstanding, Beginning Balance (usd per unit)	$ 37.54
Granted (usd per unit)	46.03
Vested (usd per unit)	35.91
Forfeited (usd per unit)	37.55
Unvested units outstanding, Ending Balance (usd per unit)	$ 41.18

Share-Based Compensation (PBRSU

Share-Based Compensation (PBRSU Weighted Average Assumptions) (Details) - PBRSUs	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.00%	0.00%
Risk-free interest rate	2.38%	1.47%
Expected volatility	23.63%	27.83%
Average total stockholder return	6.11%	1.46%

Share-Based Compensation (PBR52

Share-Based Compensation (PBRSU) (Details) - PBRSUs - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Number of Shares
Outstanding, Beginning of Period (in units)	659,000
Granted (in units)	315,259	288,331
Vested (in units)	(239,000)
Forfeited (in units)	(13,000)
Outstanding, End of Period (in units)	722,000
Weighted Average Grant Date Fair Value
Unvested units outstanding, Beginning Balance (usd per unit)	$ 37.22
Granted (usd per unit)	45.97
Vested (usd per unit)	33.91
Forfeited (usd per unit)	37.55
Unvested units outstanding, Ending Balance (usd per unit)	$ 40.82

Share-Based Compensation (Optio

Share-Based Compensation (Options) (Details) - Stock options $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Number of Shares
Options outstanding, beginning balance (in shares) | shares	1,186
Options exercised (in shares) | shares	(589)
Options outstanding, ending balance (in shares) | shares	597
Weighted-Average Exercise Price
Options outstanding, beginning balance (usd per share) | $ / shares	$ 20.67
Options exercised (usd per share) | $ / shares	21.23
Options outstanding, ending balance (usd per share) | $ / shares	$ 20.12
Weighted Average Remaining Contractual Term
Options outstanding, Weighted Average Remaining Contractual Term (in years)	4 years 1 month 13 days
Aggregate Intrinsic Value
Options outstanding, Aggregate Intrinsic Value | $	$ 14,979

Share-Based Compensation (Compe

Share-Based Compensation (Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 8,677	$ 12,167
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	7,395	9,787
PBRSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	714	1,668
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	0	138
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 568	$ 574

Litigation and Regulatory Con55

Litigation and Regulatory Contingencies (Details)	3 Months Ended
	Mar. 31, 2018USD ($)
Loss Contingencies [Line Items]
Loss contingency accrual	$ 17,300,000
Amount recorded to accrual	500,000
FAFC legal separation
Loss Contingencies [Line Items]
Loss contingency accrual	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2018
Effective Income Tax Rate [Abstract]
Effective income tax rate, continuing operations	(2.60%)	31.80%
Forecast
Expiration of the statute of limitations for the assessment of taxes			$ 2.9

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Numerator for basic and diluted net income per share:
Net income from continuing operations	$ 28,362	$ 12,708
(Loss)/income from discontinued operations, net of tax	(75)	2,417
Gain from sale of discontinued operations, net of tax	0	313
Net income	$ 28,287	$ 15,438
Denominator:
Weighted-average shares for basic income per share (in shares)	81,254	84,432
Dilutive effect of stock options and restricted stock units (in shares)	1,566	1,909
Weighted-average shares for diluted income per share (in shares)	82,820	86,341
Basic:
Net income from continuing operations (usd per share)	$ 0.35	$ 0.15
(Loss)/income from discontinued operations, net of tax (usd per share)	0	0.03
Gain from sale of discontinued operations, net of tax (usd per share)	0	0
Net income attributable to CoreLogic (usd per share)	0.35	0.18
Diluted:
Net income from continuing operations (usd per share)	0.34	0.15
(Loss)/income from discontinued operations, net of tax (usd per share)	0	0.03
Gain from sale of discontinued operations, net of tax (usd per share)	0	0
Net income attributable to CoreLogic (usd per share)	$ 0.34	$ 0.18
Antidilutive securities excluded from computation of earnings per share	100	100

Fair Value of Financial Instr58

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Financial Liabilities:
Contingent consideration		$ 6,200
Derivatives:
Increase in contingent consideration value	$ 400
Interest Rate Swap
Derivatives:
Asset for Swaps		12,000
Recurring
Financial Assets:
Cash and cash equivalents	123,698	118,804
Restricted cash	8,609	11,065
Total Financial Assets	132,307	129,869
Financial Liabilities:
Contingent consideration	6,900	6,500
Total debt	1,734,043	1,780,547
Total Financial Liabilities	1,740,943
Recurring | Interest Rate Swap
Derivatives:
Asset for Swaps	18,542	11,985
Liability for Swaps	1,046
Recurring | Level 1
Financial Assets:
Cash and cash equivalents	123,698	118,804
Restricted cash	0	0
Total Financial Assets	123,698	118,804
Financial Liabilities:
Contingent consideration	0	0
Total debt	0	0
Total Financial Liabilities	0
Recurring | Level 1 | Interest Rate Swap
Derivatives:
Asset for Swaps	0	0
Liability for Swaps	0
Recurring | Level 2
Financial Assets:
Cash and cash equivalents	0	0
Restricted cash	8,609	11,065
Total Financial Assets	8,609	11,065
Financial Liabilities:
Contingent consideration	0	0
Total debt	1,734,043	1,780,547
Total Financial Liabilities	1,734,043
Recurring | Level 2 | Interest Rate Swap
Derivatives:
Asset for Swaps	18,542	11,985
Liability for Swaps	1,046
Recurring | Level 3
Financial Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Total Financial Assets	0	0
Financial Liabilities:
Contingent consideration	6,900	6,500
Total debt	0	0
Total Financial Liabilities	6,900
Recurring | Level 3 | Interest Rate Swap
Derivatives:
Asset for Swaps	0	$ 0
Liability for Swaps	$ 0

Acquisitions (Details)

Acquisitions (Details) $ in Thousands, £ in Millions	1 Months Ended				3 Months Ended
	Feb. 28, 2018USD ($)	Feb. 28, 2018GBP (£)	Aug. 31, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Acquisitions					$ 14,122
Adjustments to goodwill					(500)
Contingent consideration							$ 6,200
Acquisition-related costs					800	$ 300
PIRM
Business Acquisition [Line Items]
Acquisitions					$ 14,648
Mercury, Inc.
Business Acquisition [Line Items]
Consideration transferred			$ 83,000
Remaining equity interest acquired				45.00%
Payments to acquire equity method investments				$ 70,000
Percentage of voting interests acquired			55.00%
eTech
Business Acquisition [Line Items]
Consideration transferred	$ 21,000	£ 15
Deferred tax liability acquired	1,400
Acquisitions	$ 14,600
eTech | Technology-Based Intangible Assets
Business Acquisition [Line Items]
Estimated average life in years	5 years	5 years
Intangible assets acquired	$ 6,900
eTech | Client lists
Business Acquisition [Line Items]
Estimated average life in years	9 years	9 years
Intangible assets acquired	$ 1,600
Myriad Development, Inc.
Business Acquisition [Line Items]
Consideration transferred			$ 22,000
Deferred tax liability acquired			3,100
Acquisitions			17,300
Contingent consideration			3,000
Myriad Development, Inc. | Fair Value
Business Acquisition [Line Items]
Contingent consideration			$ 1,800
Myriad Development, Inc. | Technology-Based Intangible Assets
Business Acquisition [Line Items]
Estimated average life in years			8 years
Intangible assets acquired			$ 5,800
Myriad Development, Inc. | Client lists
Business Acquisition [Line Items]
Estimated average life in years			12 years
Intangible assets acquired			$ 1,700
Myriad Development, Inc. | Trade names
Business Acquisition [Line Items]
Estimated average life in years			7 years
Intangible assets acquired			$ 1,600
Clareity Ventures, Inc.
Business Acquisition [Line Items]
Consideration transferred			15,000
Deferred tax liability acquired			2,600
Acquisitions			$ 10,900
Clareity Ventures, Inc. | Technology-Based Intangible Assets
Business Acquisition [Line Items]
Estimated average life in years			5 years
Intangible assets acquired			$ 2,000
Clareity Ventures, Inc. | Client lists
Business Acquisition [Line Items]
Estimated average life in years			10 years
Intangible assets acquired			$ 3,400
Clareity Ventures, Inc. | Trade names
Business Acquisition [Line Items]
Estimated average life in years			7 years
Intangible assets acquired			$ 900
Mercury, Inc.
Business Acquisition [Line Items]
Deferred tax liability acquired			19,800
Acquisitions			$ 104,800
Mercury, Inc. | Technology-Based Intangible Assets
Business Acquisition [Line Items]
Estimated average life in years			9 years
Intangible assets acquired			$ 20,100
Mercury, Inc. | Client lists
Business Acquisition [Line Items]
Estimated average life in years			10 years
Intangible assets acquired			$ 41,300
Mercury, Inc. | Trade names
Business Acquisition [Line Items]
Estimated average life in years			8 years
Intangible assets acquired			$ 3,600

Segment Information (Narrative)

Segment Information (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)segment	Mar. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2
PIRM
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	$ 1.5	$ 1.4
Segment reporting intercompany expense	0.8	0.7
UWS
Segment Reporting Information [Line Items]
Segment reporting intercompany revenue	0.8	0.7
Segment reporting intercompany expense	$ 1.5	$ 1.4

Segment Information (Financial

Segment Information (Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Operating Revenues	$ 444,900	$ 439,851
Depreciation and Amortization	46,140	43,472
Operating Income/(Loss)	44,419	32,563
Equity in Earnings/(Losses) of Affiliates, Net of Tax	233	(723)
Net Income/(Loss) From Continuing Operations	28,362	12,708
Capital Expenditures	19,484	17,112
Assets	4,066,611		$ 4,077,030
Operating Segments | PIRM
Segment Reporting Information [Line Items]
Operating Revenues	173,767	165,756
Depreciation and Amortization	25,735	24,860
Operating Income/(Loss)	20,778	15,572
Equity in Earnings/(Losses) of Affiliates, Net of Tax	271	(293)
Net Income/(Loss) From Continuing Operations	20,671	14,761
Capital Expenditures	13,206	12,788
Assets	1,908,569		1,911,222
Operating Segments | UWS
Segment Reporting Information [Line Items]
Operating Revenues	273,419	276,191
Depreciation and Amortization	14,964	13,802
Operating Income/(Loss)	48,053	37,250
Equity in Earnings/(Losses) of Affiliates, Net of Tax	18	(793)
Net Income/(Loss) From Continuing Operations	47,754	36,193
Capital Expenditures	2,313	1,424
Assets	2,158,437		2,151,092
Corporate
Segment Reporting Information [Line Items]
Operating Revenues	0	0
Depreciation and Amortization	5,441	4,810
Operating Income/(Loss)	(24,412)	(20,259)
Equity in Earnings/(Losses) of Affiliates, Net of Tax	(56)	363
Net Income/(Loss) From Continuing Operations	(40,063)	(38,246)
Capital Expenditures	3,965	2,900
Assets	5,635,265		5,628,824
Eliminations
Segment Reporting Information [Line Items]
Operating Revenues	(2,286)	(2,096)
Depreciation and Amortization	0	0
Equity in Earnings/(Losses) of Affiliates, Net of Tax	0	0
Capital Expenditures	0	$ 0
Assets	$ (5,635,660)		$ (5,614,108)