XML 50 R34.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table shows the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:
|  | Crawford Claims Solutions |  |  | Crawford TPA Solutions |  |  | Crawford Specialty Solutions |  |  | Total |
|  | (In thousands) |
Balance at December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 55,553 |  |  | $ | 168,730 |  |  | $ | 73,621 |  |  | $ | 297,904 |
Accumulated impairment losses |  |  | (20,407 | ) |  |  | (159,424 | ) |  |  | (21,183 | ) |  | $ | (201,014 | )
Net goodwill |  |  | 35,146 |  |  |  | 9,306 |  |  |  | 52,438 |  |  |  | 96,890 |
2019 Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill of acquired businesses |  |  | — |  |  |  | — |  |  |  | 1,164 |  |  |  | 1,164 |
Impairment of goodwill |  |  | (17,484 | ) |  |  | — |  |  |  | — |  |  |  | (17,484 | )
Foreign currency effects |  |  | 6 |  |  |  | 4 |  |  |  | 62 |  |  |  | 72 |
Balance at December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 55,559 |  |  |  | 168,734 |  |  |  | 74,847 |  |  |  | 299,140 |
Accumulated impairment losses |  |  | (37,891 | ) |  |  | (159,424 | ) |  |  | (21,183 | ) |  |  | (218,498 | )
Net goodwill |  |  | 17,668 |  |  |  | 9,310 |  |  |  | 53,664 |  |  |  | 80,642 |
2020 Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill of acquired businesses |  |  | — |  |  |  | 2,857 |  |  |  | 2,644 |  |  |  | 5,501 |
Impairment of goodwill |  |  | (17,674 | ) |  |  | — |  |  |  | — |  |  |  | (17,674 | )
Goodwill of disposed business |  |  | — |  |  |  | — |  |  |  | (1,990 | ) |  |  | (1,990 | )
Foreign currency effects |  |  | 6 |  |  |  | 12 |  |  |  | 40 |  |  |  | 58 |
Balance at December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 55,565 |  |  |  | 171,603 |  |  |  | 75,541 |  |  |  | 302,709 |
Accumulated impairment losses |  |  | (55,565 | ) |  |  | (159,424 | ) |  |  | (21,183 | ) |  |  | (236,172 | )
Net goodwill |  | $ | — |  |  | $ | 12,179 |  |  | $ | 54,358 |  |  | $ | 66,537 |
Schedule of Finite-Lived Intangible Assets | The following is a summary of finite-lived intangible assets acquired through business acquisitions as of December 31, 2020 and 2019:
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Value |  |  | Weighted- Average Amortization Period
|  | (In thousands, except years) |  |  |
December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 131,948 |  |  | $ | (101,319 | ) |  | $ | 30,629 |  |  | 3.3 years
Technology-based |  |  | 18,183 |  |  |  | (10,174 | ) |  | $ | 8,009 |  |  | 6.5 years
Trade name |  |  | 3,123 |  |  |  | (1,737 | ) |  | $ | 1,386 |  |  | 6.0 years
Other |  |  | 5,794 |  |  |  | (5,489 | ) |  | $ | 305 |  |  | 10.1 years
Total |  | $ | 159,048 |  |  | $ | (118,719 | ) |  | $ | 40,329 |  |  | 6.7 years
December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 127,362 |  |  | $ | (92,354 | ) |  | $ | 35,008 |  |  | 4.0 years
Technology-based |  |  | 16,562 |  |  |  | (9,108 | ) |  |  | 7,454 |  |  | 7.0 years
Trade name |  |  | 1,795 |  |  |  | (1,636 | ) |  |  | 159 |  |  | 1.7 years
Other |  |  | 5,485 |  |  |  | (3,869 | ) |  |  | 1,616 |  |  | 1.8 years
Total |  | $ | 151,204 |  |  | $ | (106,967 | ) |  | $ | 44,237 |  |  | 3.8 years
Schedule of Finite-lived Intangible Assets, Future Amortization Expense | At December 31, 2020, annual estimated aggregate amortization expense for intangible assets subject to amortization for the next five years is as follows:
|  | Annual Amortization Expense |
Year Ending December 31, |  | (In thousands) |
2021 |  | $ | 9,678 |
2022 |  |  | 4,711 |
2023 |  |  | 4,614 |
2024 |  |  | 4,152 |
2025 |  |  | 4,050 |
Schedule of Indefinite-Lived Intangible Assets | The following is a summary of indefinite-lived intangible assets at December 31, 2020 and 2019:
|  | Gross Carrying Amount |  |  | Accumulated Impairments |  |  | Net Carrying Value |
|  | (In thousands) |
December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | $ | 32,503 |  |  | $ | (1,656 | ) |  | $ | 30,847 |
December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | $ | 32,502 |  |  | $ | (1,656 | ) |  | $ | 30,846 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration