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Condensed Consolidated Balance Sheets Unaudited - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
[1]
Current Assets:    
Cash and cash equivalents $ 46,254 $ 53,228
Accounts receivable, less allowance for expected credit losses of $9,505 and $8,768, respectively 129,162 134,458
Unbilled revenues, at estimated billable amounts 141,879 118,722
Income taxes receivable 8,726 4,936
Prepaid expenses and other current assets 36,313 34,576
Total Current Assets 362,334 345,920
Net Property and Equipment 30,165 33,721
Other Assets:    
Operating lease right-of-use assets, net 100,087 99,369
Goodwill 114,801 116,526
Intangible assets arising from business acquisitions, net 94,686 97,571
Capitalized software costs, net 76,936 75,802
Deferred income tax assets 19,789 21,266
Other noncurrent assets 61,231 62,464
Total Other Assets 467,530 472,998
TOTAL ASSETS 860,029 852,639
Current Liabilities:    
Short-term borrowings 39,776 10,704
Accounts payable 44,737 48,470
Accrued compensation and related costs 77,989 96,018
Self-insured risks 19,009 13,222
Income taxes payable 0 1,200
Operating lease liability 23,938 25,238
Other accrued liabilities 62,537 76,884
Deferred revenues 29,495 32,119
Total Current Liabilities 297,481 303,855
Noncurrent Liabilities:    
Long-term debt and finance leases, less current installments 214,409 164,315
Operating lease liability 89,910 88,408
Deferred revenues 24,471 23,786
Accrued pension liabilities 12,578 17,892
Other noncurrent liabilities 36,672 42,986
Total Noncurrent Liabilities 378,040 337,387
Shareholders' Investment:    
Additional paid-in capital 77,550 74,229
Retained earnings 248,133 266,369
Accumulated other comprehensive loss (188,572) (180,441)
Shareholders' Investment Attributable to Shareholders of Crawford & Company 185,387 211,965
Noncontrolling interests (879) (568)
Total Shareholders' Investment 184,508 211,397
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 860,029 852,639
Class A Non-Voting    
Shareholders' Investment:    
Common stock outstanding, value 28,428 30,996
Class B Voting    
Shareholders' Investment:    
Common stock outstanding, value $ 19,848 $ 20,812
[1] Derived from the audited Consolidated Balance Sheet