XML 26 R6.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 46,007,000 $ 53,228,000
Accounts receivable, less allowance for expected credit losses of $9,322 and $8, 768, respectively 141,106,000 134,458,000
Unbilled revenues, at estimated billable amounts 126,274,000 118,722,000
Income taxes receivable 9,098,000 4,936,000
Prepaid expenses and other current assets 28,782,000 34,576,000
Total Current Assets 351,267,000 345,920,000
Net Property and Equipment 27,809,000 33,721,000
Other Assets:    
Operating lease right-of-use assets, net 93,334,000 99,369,000
Goodwill 76,622,000 116,526,000
Intangible assets arising from business acquisitions, net 88,039,000 97,571,000
Capitalized software costs, net 82,975,000 75,802,000
Deferred income tax assets 19,573,000 21,266,000
Other noncurrent assets 51,888,000 62,464,000
Total Other Assets 412,431,000 472,998,000
TOTAL ASSETS 791,507,000 852,639,000
Current Liabilities:    
Short-term borrowings 27,048,000 10,704,000
Accounts payable 50,847,000 48,470,000
Accrued compensation and related costs 79,285,000 96,018,000
Self-insured risks 12,614,000 13,222,000
Income taxes payable 1,208,000 1,200,000
Operating lease liability 22,910,000 25,238,000
Other accrued liabilities 56,293,000 76,884,000
Deferred revenues 29,282,000 32,119,000
Total Current Liabilities 279,487,000 303,855,000
Noncurrent Liabilities:    
Long-term debt and finance leases, less current installments 211,810,000 164,315,000
Deferred revenues 24,737,000 23,786,000
Accrued pension liabilities 25,914,000 17,892,000
Operating lease liability 84,628,000 88,408,000
Other noncurrent liabilities 41,553,000 42,986,000
Total Noncurrent Liabilities 388,642,000 337,387,000
Shareholders' Investment:    
Additional paid-in capital 78,158,000 74,229,000
Retained earnings 213,094,000 266,369,000
Accumulated other comprehensive loss (215,321,000) (180,441,000)
Shareholders' Investment Attributable to Shareholders of Crawford & Company 124,543,000 211,965,000
Noncontrolling interests (1,165,000) (568,000)
Total Shareholders' Investment 123,378,000 211,397,000
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 791,507,000 852,639,000
Class A Non-Voting    
Shareholders' Investment:    
Common stock outstanding, value 28,764,000 30,996,000
Class B Voting    
Shareholders' Investment:    
Common stock outstanding, value $ 19,848,000 $ 20,812,000