XML 35 R27.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 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 and six months ended June 30, 2024 and 2023:
|  | Three Months Ended |  |  | Six Months Ended |
(in thousands) |  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
U.S. |  | $ | 53,829 |  |  | $ | 51,972 |  |  | $ | 107,353 |  |  | $ | 104,955 |
Canada |  |  | 22,201 |  |  |  | 24,390 |  |  |  | 46,042 |  |  |  | 49,004 |
Total North America Loss Adjusting Revenues before Reimbursements |  | $ | 76,030 |  |  | $ | 76,362 |  |  | $ | 153,395 |  |  | $ | 153,959 |
The following table presents International Operations revenues before reimbursements disaggregated by geography and service line for the three and six months ended June 30, 2024 and 2023:
|  | Three Months Ended |  |  | Six Months Ended |
(in thousands) |  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
U.K. |  | $ | 38,490 |  |  | $ | 32,273 |  |  | $ | 76,389 |  |  | $ | 63,005 |
Europe |  |  | 24,453 |  |  |  | 23,160 |  |  |  | 48,074 |  |  |  | 45,924 |
Australia |  |  | 19,303 |  |  |  | 20,523 |  |  |  | 36,583 |  |  |  | 41,159 |
Asia |  |  | 5,604 |  |  |  | 5,888 |  |  |  | 10,973 |  |  |  | 11,515 |
Latin America |  |  | 7,591 |  |  |  | 7,456 |  |  |  | 15,787 |  |  |  | 13,691 |
International Loss Adjusting |  | $ | 95,441 |  |  | $ | 89,300 |  |  | $ | 187,806 |  |  | $ | 175,294 |
Crawford Legal Services |  | $ | 6,842 |  |  | $ | 6,012 |  |  | $ | 12,569 |  |  | $ | 11,881 |
Total International Operations Revenues before Reimbursements |  | $ | 102,283 |  |  | $ | 95,312 |  |  | $ | 200,375 |  |  | $ | 187,175 |
The following table presents Broadspire revenues before reimbursements disaggregated by service line for the three and six months ended June 30, 2024 and 2023:
|  | Three Months Ended |  |  | Six Months Ended |
(in thousands) |  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
Claims Management |  | $ | 49,858 |  |  | $ | 44,750 |  |  | $ | 98,256 |  |  | $ | 87,858 |
Medical Management |  |  | 47,229 |  |  |  | 42,494 |  |  |  | 93,129 |  |  |  | 83,440 |
Total Broadspire Revenues before Reimbursements |  | $ | 97,087 |  |  | $ | 87,244 |  |  | $ | 191,385 |  |  | $ | 171,298 |
The following table presents Platform Solutions revenues before reimbursements disaggregated by service line for the three and six months ended June 30, 2024 and 2023:
|  | Three Months Ended |  |  | Six Months Ended |
(in thousands) |  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
Contractor Connection |  | $ | 18,118 |  |  | $ | 19,797 |  |  | $ | 35,063 |  |  | $ | 39,098 |
Networks |  |  | 13,373 |  |  |  | 38,464 |  |  |  | 21,116 |  |  |  | 75,867 |
Subrogation |  |  | 7,336 |  |  |  | 7,377 |  |  |  | 14,547 |  |  |  | 13,493 |
Total Platform Solutions Revenues before Reimbursements |  | $ | 38,827 |  |  | $ | 65,638 |  |  | $ | 70,726 |  |  | $ | 128,458 |
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 six months ended June 30, 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 |
Quarterly additions |  |  | 23,753 |
Revenue recognized from the prior periods |  |  | (15,799 | )
Revenue recognized from current quarter additions |  |  | (9,024 | )
Balance as of June 30, 2024 |  | $ | 59,961 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration