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Net Income (Loss) Attributable to Shareholders of Crawford & Company per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Computations of Basic Net Income Attributable to Shareholders of Crawford & Company per Common Share | The computations of basic net income attributable to shareholders of Crawford & Company per common share were as follows:
|  | Three Months Ended |
|  | March 31, 2021 |  |  | March 31, 2020 |
(in thousands, except per share amounts) |  | CRD-A |  |  | CRD-B |  |  | CRD-A |  |  | CRD-B |
Earnings (Loss) per share - basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of undistributed earnings (loss) |  | $ | 1,658 |  |  | $ | 1,208 |  |  | $ | (8,436 | ) |  | $ | (6,232 | )
Dividends paid |  |  | 1,851 |  |  |  | 1,347 |  |  |  | 2,140 |  |  |  | 1,129 |
Net income (loss) attributable to common shareholders, basic |  | $ | 3,509 |  |  | $ | 2,555 |  |  | $ | (6,296 | ) |  | $ | (5,103 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic |  |  | 30,824 |  |  |  | 22,464 |  |  |  | 30,562 |  |  |  | 22,578 |
Earnings (loss) per share - basic |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | (0.21 | ) |  | $ | (0.23 | )
Schedule of Computations of Diluted Net Income Attributable to Shareholders of Crawford & Company per Common Share | The computations of diluted net income (loss) attributable to shareholders of Crawford & Company per common share were as follows:
|  | Three Months Ended |
|  | March 31, 2021 |  |  | March 31, 2020 |
(in thousands, except per share amounts) |  | CRD-A |  |  | CRD-B |  |  | CRD-A |  |  | CRD-B |
Earnings (Loss) per share - diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of undistributed earnings (loss) |  | $ | 1,664 |  |  | $ | 1,202 |  |  | $ | (8,436 | ) |  | $ | (6,232 | )
Dividends paid |  |  | 1,851 |  |  |  | 1,347 |  |  |  | 2,140 |  |  |  | 1,129 |
Net income (loss) attributable to common shareholders, diluted |  | $ | 3,515 |  |  | $ | 2,549 |  |  | $ | (6,296 | ) |  | $ | (5,103 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic |  |  | 30,824 |  |  |  | 22,464 |  |  |  | 30,562 |  |  |  | 22,578 |
Weighted-average effect of dilutive securities |  |  | 282 |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted-average common shares outstanding, diluted |  |  | 31,106 |  |  |  | 22,464 |  |  |  | 30,562 |  |  |  | 22,578 |
Earnings (loss) per share - diluted |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | (0.21 | ) |  | $ | (0.23 | )
Schedule of Antidilutive Shares Excluded from Computation of Diluted Earnings per Share | Listed below are the shares excluded from the denominator in the preceding computation of diluted earnings per share for CRD-A because their inclusion would have been antidilutive:
|  | Three Months Ended |
(in thousands) |  | March 31, 2021 |  |  | March 31, 2020 |
Shares underlying stock options excluded |  |  | 972 |  |  |  | 1,904 |
Performance stock grants excluded because performance conditions have not been met (1) |  |  | 929 |  |  |  | 932 |
(1) | Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating diluted earnings per share until the performance measurements have been achieved.
Schedule of Shares Issued and Included in Weighted-average Common Shares used to Compute Basic and Diluted Earnings per Share | The following table details shares issued during the three months ended March 31, 2021 and 2020. These shares are included from their dates of issuance in the weighted-average common shares used to compute basic and diluted earnings per share for CRD-A in the table above. There were no shares of CRD-B issued during any of these periods.
|  | Three Months Ended |
(in thousands) |  | March 31, 2021 |  |  | March 31, 2020 |
CRD-A issued under the Non-Employee Director Stock Plan |  |  | 92 |  |  |  | 81 |
CRD-A issued under the U.K. ShareSave Scheme |  |  | 1 |  |  |  | 1 |

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