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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's unaudited condensed consolidated financial statements were as follows:

 

 

 

Three Months Ended June 30, 2020

 

 

Six Months Ended June 30, 2020

 

(in thousands)

 

Foreign

currency

translation

adjustments

 

 

Retirement

liabilities (1)

 

 

AOCL

attributable

to shareholders

of Crawford &

Company

 

 

Foreign

currency

translation

adjustments

 

 

Retirement

liabilities (1)

 

 

AOCL

attributable

to shareholders

of Crawford &

Company

 

Beginning balance

 

$

(38,747

)

 

$

(169,129

)

 

$

(207,876

)

 

$

(35,850

)

 

$

(171,057

)

 

$

(206,907

)

Other comprehensive loss before reclassifications

 

 

(2,844

)

 

 

 

 

 

(2,844

)

 

 

(6,317

)

 

 

 

 

 

(6,317

)

Amounts reclassified from accumulated other comprehensive income

 

 

 

 

 

1,885

 

 

 

1,885

 

 

 

 

 

 

3,813

 

 

 

3,813

 

Net current period other comprehensive loss

 

 

(2,844

)

 

 

1,885

 

 

 

(959

)

 

 

(6,317

)

 

 

3,813

 

 

 

(2,504

)

Acquisition of noncontrolling interest

 

 

 

 

 

 

 

 

 

 

 

576

 

 

 

 

 

 

576

 

Ending balance

 

$

(41,591

)

 

$

(167,244

)

 

$

(208,835

)

 

$

(41,591

)

 

$

(167,244

)

 

$

(208,835

)

 

 

 

Three Months Ended June 30, 2019

 

 

Six Months Ended June 30, 2019

 

(in thousands)

 

Foreign

currency

translation

adjustments

 

 

Retirement

liabilities (1)

 

 

AOCL

attributable

to shareholders

of Crawford &

Company

 

 

Foreign

currency

translation

adjustments

 

 

Retirement

liabilities (1)

 

 

AOCL

attributable

to shareholders

of Crawford &

Company

 

Beginning balance

 

$

(33,290

)

 

$

(178,084

)

 

$

(211,374

)

 

$

(36,352

)

 

$

(180,095

)

 

$

(216,447

)

Other comprehensive (loss) income before reclassifications

 

 

(2,241

)

 

 

 

 

 

(2,241

)

 

 

821

 

 

 

 

 

 

821

 

Amounts reclassified from accumulated other comprehensive income

 

 

 

 

 

1,981

 

 

 

1,981

 

 

 

 

 

 

3,992

 

 

 

3,992

 

Net current period other comprehensive (loss) income

 

 

(2,241

)

 

 

1,981

 

 

 

(260

)

 

 

821

 

 

 

3,992

 

 

 

4,813

 

Ending balance

 

$

(35,531

)

 

$

(176,103

)

 

$

(211,634

)

 

$

(35,531

)

 

$

(176,103

)

 

$

(211,634

)

 

(1)

Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Other Expense, net" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 6, "Defined Benefit Pension Plans" for additional details.