XML 24 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets Unaudited - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
[1]
Current Assets:    
Cash and cash equivalents $ 36,929 $ 44,656
Accounts receivable, less allowance for expected credit losses of $9,114 and $9,464, respectively 136,729 123,060
Unbilled revenues, at estimated billable amounts 127,510 103,528
Income taxes receivable 2,311 1,269
Prepaid expenses and other current assets 37,002 29,490
Total Current Assets 340,481 302,003
Net Property and Equipment 34,015 36,402
Other Assets:    
Operating lease right-of-use assets, net 100,895 109,315
Goodwill 85,696 66,537
Intangible assets arising from business acquisitions, net 75,613 71,176
Capitalized software costs, net 73,418 71,021
Deferred income tax assets 25,003 25,595
Other noncurrent assets 71,375 70,935
Total Other Assets 432,000 414,579
TOTAL ASSETS 806,496 752,984
Current Liabilities:    
Short-term borrowings 1,582 1,837
Accounts payable 38,658 41,544
Accrued compensation and related costs 93,334 81,848
Self-insured risks 10,514 11,390
Income taxes payable 0 5,822
Operating lease liability 26,029 32,745
Other accrued liabilities 48,617 40,375
Deferred revenues 30,545 27,233
Total Current Liabilities 249,279 242,794
Noncurrent Liabilities:    
Long-term debt and finance leases, less current installments 139,028 111,758
Operating lease liability 89,324 93,228
Deferred revenues 24,035 24,136
Accrued pension liabilities 36,884 53,886
Other noncurrent liabilities 48,239 40,254
Total Noncurrent Liabilities 337,510 323,262
Shareholders' Investment:    
Additional paid-in capital 73,768 67,193
Retained earnings 279,273 265,245
Accumulated other comprehensive loss (185,657) (198,856)
Shareholders' Investment Attributable to Shareholders of Crawford & Company 220,396 186,939
Noncontrolling interests (689) (11)
Total Shareholders' Investment 219,707 186,928
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 806,496 752,984
Class A Non-Voting    
Shareholders' Investment:    
Common stock outstanding, value 30,613 30,847
Class B Voting    
Shareholders' Investment:    
Common stock outstanding, value $ 22,399 $ 22,510
[1] Derived from the audited Consolidated Balance Sheet