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Condensed Consolidated Balance Sheets Unaudited - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
[1]
Current Assets:    
Cash and cash equivalents $ 46,742 $ 58,363
Accounts receivable, less allowance for expected credit losses of $10,995 and $8,599, respectively 133,847 131,362
Unbilled revenues, at estimated billable amounts 131,119 116,611
Income taxes receivable 4,894 4,842
Prepaid expenses and other current assets 35,393 58,168
Total Current Assets 351,995 369,346
Net Property and Equipment 20,365 22,742
Other Assets:    
Operating lease right-of-use assets, net 83,175 88,615
Goodwill 76,572 76,724
Intangible assets arising from business acquisitions, net 78,127 81,786
Capitalized software costs, net 103,884 96,770
Deferred income tax assets 25,456 26,247
Other noncurrent assets 46,238 36,969
Total Other Assets 413,452 407,111
TOTAL ASSETS 785,812 799,199
Current Liabilities:    
Short-term borrowings 24,425 14,813
Accounts payable 43,378 45,107
Accrued compensation and related costs 77,828 97,842
Self-insured risks 19,332 33,238
Income taxes payable 0 6,130
Operating lease liability 24,411 24,351
Other accrued liabilities 46,657 42,271
Deferred revenues 36,193 35,540
Total Current Liabilities 272,224 299,292
Noncurrent Liabilities:    
Long-term debt and finance leases, less current installments 209,410 194,335
Operating lease liability 70,888 78,029
Deferred revenues 23,768 24,871
Accrued pension liabilities 23,221 24,006
Other noncurrent liabilities 36,594 38,835
Total Noncurrent Liabilities 363,881 360,076
Shareholders' Investment:    
Additional paid-in capital 85,461 82,589
Retained earnings 231,263 228,564
Accumulated other comprehensive loss (214,402) (218,615)
Shareholders' Investment Attributable to Shareholders of Crawford & Company 151,389 141,618
Noncontrolling interests (1,682) (1,787)
Total Shareholders' Investment 149,707 139,831
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 785,812 799,199
Class A Non-Voting    
Shareholders' Investment:    
Common stock outstanding, value 29,743 29,525
Class B Voting    
Shareholders' Investment:    
Common stock outstanding, value $ 19,324 $ 19,555
[1] Derived from the audited Consolidated Balance Sheet