XML 39 R28.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2022

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

Schedule of Accumulated Other Comprehensive Income (Loss)

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, 2022												Nine Months Ended September 30, 2022
(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		$	(33,584	)		$	(154,988	)		$	(188,572	)		$	(21,760	)		$	(158,681	)		$	(180,441	)
Other comprehensive loss before reclassifications			(7,237	)			—				(7,237	)			(19,061	)			—				(19,061	)
Amounts reclassified from accumulated other comprehensive income to net income			—				1,838				1,838				—				5,531				5,531
Net current period other comprehensive (loss) income			(7,237	)			1,838				(5,399	)			(19,061	)			5,531				(13,530	)
Ending balance		$	(40,821	)		$	(153,150	)		$	(193,971	)		$	(40,821	)		$	(153,150	)		$	(193,971	)


		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 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 (loss) 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	)

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