XML 40 R32.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Reconciliation of Operating Profit from Segment operating earnings to income before income taxes

Financial information for the three months ended March 31, 2024 and 2023 related to the Company's reportable segments, including a reconciliation from segment operating earnings to income before income taxes, the most directly comparable GAAP financial measure, is presented below:

		Three Months Ended
(in thousands)		March 31, 2024				March 31, 2023
Revenues:
North America Loss Adjusting		$	77,365			$	77,597
International Operations			98,092				91,863
Broadspire			94,298				84,054
Platform Solutions			31,899				62,820
Total segment revenues before reimbursements			301,654				316,334
Reimbursements			11,419				11,604
Total revenues		$	313,073			$	327,938
Segment Operating Earnings:
North America Loss Adjusting		$	4,479			$	8,065
International Operations			1,690				3,035
Broadspire			12,804				7,927
Platform Solutions			1,115				9,966
Total segment operating earnings			20,088				28,993
Deduct:
Unallocated corporate and shared costs, net			(8,007	)			(4,119	)
Net corporate interest expense			(3,596	)			(4,399	)
Stock option expense			(167	)			(156	)
Amortization of acquisition-related intangible assets			(1,868	)			(1,899	)
Contingent earnout adjustments			(151	)			(248	)
Non-service pension costs			(2,473	)			(2,171	)
Income before income taxes		$	3,826			$	16,001

Schedule of Revenues By Major Service Line

Revenues before reimbursements by major service line in the International Operations, Broadspire and Platform Solutions segments are shown in the following table. The Company considers all North America Loss Adjusting revenues to be primarily derived from one service line.

		Three Months Ended
(in thousands)		March 31, 2024				March 31, 2023
International Operations
International Loss Adjusting		$	92,365			$	85,994
Crawford Legal Services			5,727				5,869
Total Revenues before Reimbursements--International Operations		$	98,092			$	91,863
Broadspire
Claims Management		$	48,398			$	43,108
Medical Management			45,900				40,946
Total Revenues before Reimbursements--Broadspire		$	94,298			$	84,054
Platform Solutions
Contractor Connection		$	16,945			$	19,301
Networks			7,743				37,403
Subrogation			7,211				6,116
Total Revenues before Reimbursements--Platform Solutions		$	31,899			$	62,820

X

- Definition

Schedule of Revenue by Service Line by Reporting Segments [Table Text Block]

+ References

No definition available.

+ Details

Name:	crda_ScheduleOfRevenueByServiceLineByReportingSegmentsTableTextBlock
Namespace Prefix:	crda_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration