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Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

8. Accumulated Other Comprehensive Loss

Comprehensive (loss) income for the Company consists of the total of net income, foreign currency translation adjustments, and accrued pension and retiree medical liability adjustments. Foreign currency translation adjustments include the net realized gains from intra-entity loans that are long-term in nature of $629,000 for the three months ended September 30, 2021, and $1,659,000 for the nine months ended September 30, 2021. 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 September 30, 2021												Nine Months Ended September 30, 2021
(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			(18,000	)			(164,235	)			(182,235	)			(30,792	)			(168,064	)			(198,856	)
Other comprehensive (loss) income before reclassifications			(5,330	)			—				(5,330	)			7,462				—				7,462
Amounts reclassified from accumulated other comprehensive income to net income			—				1,908				1,908				—				5,737				5,737
Net current period other comprehensive income			(5,330	)			1,908				(3,422	)			7,462				5,737				13,199
Ending balance			(23,330	)			(162,327	)			(185,657	)			(23,330	)			(162,327	)			(185,657	)

		Three Months Ended September 30, 2020												Nine Months Ended September 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		$	(41,591	)		$	(167,244	)		$	(208,835	)		$	(35,850	)		$	(171,057	)		$	(206,907	)
Other comprehensive income before reclassifications			11,910				—				11,910				5,593				—				5,593
Amounts reclassified from accumulated other comprehensive income to net income			—				2,036				2,036				—				5,849				5,849
Net current period other comprehensive loss			11,910				2,036				13,946				5,593				5,849				11,442
(Disposition) Acquisition of noncontrolling interest			(113	)			—				(113	)			463				—				463
Ending balance		$	(29,794	)		$	(165,208	)		$	(195,002	)		$	(29,794	)		$	(165,208	)		$	(195,002	)

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

The other comprehensive loss amounts attributable to noncontrolling interests presented in the Company's unaudited Condensed Consolidated Statements of Shareholders' Investment are foreign currency translation adjustments.

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- References

No definition available.

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- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-URI http://asc.fasb.org/topic&trid=2134417

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

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