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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

The following table presents North America Loss Adjusting revenues before reimbursements disaggregated by geography for the three months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended

 

(in thousands)

 

March 31,
2024

 

 

March 31,
2023

 

U.S.

 

$

53,524

 

 

$

52,983

 

Canada

 

 

23,841

 

 

 

24,614

 

Total North America Loss Adjusting Revenues before Reimbursements

 

$

77,365

 

 

$

77,597

 

 

The following table presents International Operations revenues before reimbursements disaggregated by geography and service line for the three months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended

 

(in thousands)

 

March 31,
2024

 

 

March 31,
2023

 

U.K.

 

$

37,899

 

 

$

30,732

 

Europe

 

 

23,621

 

 

 

22,764

 

Australia

 

 

17,280

 

 

 

20,636

 

Asia

 

 

5,369

 

 

 

5,627

 

Latin America

 

 

8,196

 

 

 

6,235

 

International Loss Adjusting

 

$

92,365

 

 

$

85,994

 

 

 

 

 

 

 

 

Crawford Legal Services

 

$

5,727

 

 

$

5,869

 

Total International Operations Revenues before Reimbursements

 

$

98,092

 

 

$

91,863

 

The following table presents Broadspire revenues before reimbursements disaggregated by service line for the three months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended

 

(in thousands)

 

March 31,
2024

 

 

March 31,
2023

 

Claims Management

 

$

48,398

 

 

$

43,108

 

Medical Management

 

 

45,900

 

 

 

40,946

 

Total Broadspire Revenues before Reimbursements

 

$

94,298

 

 

$

84,054

 

The following table presents Platform Solutions revenues before reimbursements disaggregated by service line for the three months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended

 

(in thousands)

 

March 31,
2024

 

 

March 31,
2023

 

Contractor Connection

 

$

16,945

 

 

$

19,301

 

Networks

 

 

7,743

 

 

 

37,403

 

Subrogation

 

 

7,211

 

 

 

6,116

 

Total Platform Solutions Revenues before Reimbursements

 

$

31,899

 

 

$

62,820

 

Schedule of Customer Contract Liabilities

The table below presents the deferred revenues balance as of January 1, 2024 and the significant activity affecting deferred revenues during the three months ended March 31, 2024:

 

(In Thousands)

 

 

 

Customer Contract Liabilities

 

Deferred
Revenue

 

Balance at January 1, 2024

 

$

60,411

 

Quarterly additions

 

 

24,919

 

Revenue recognized from the prior periods

 

 

(15,358

)

Revenue recognized from current quarter additions

 

 

(8,941

)

Balance as of March 31, 2024

 

$

61,031