XML 45 R31.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenue Recognition (Tables)
12 Months Ended
Dec. 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 years ended December 31, 2024 and 2023:

 

 

 

(In thousands)

 

Year Ended December 31,

 

2024

 

 

2023

 

U.S.

 

$

221,279

 

 

$

207,255

 

Canada

 

 

90,879

 

 

 

96,374

 

Total North America Loss Adjusting Revenues before Reimbursements

 

$

312,158

 

 

$

303,629

 

The following table presents International Operations revenues before reimbursements disaggregated by geography for the years ended December 31, 2024 and 2023:

 

 

 

(In thousands)

 

Year Ended December 31,

 

2024

 

 

2023

 

U.K.

 

$

157,806

 

 

$

133,110

 

Europe

 

 

100,702

 

 

 

92,130

 

Australia

 

 

77,219

 

 

 

78,966

 

Asia

 

 

24,466

 

 

 

23,289

 

Latin America

 

 

32,924

 

 

 

29,560

 

International Loss Adjusting

 

 

393,117

 

 

 

357,055

 

 

 

 

 

 

 

 

U.K.

 

 

10,551

 

 

 

10,243

 

Australia

 

 

11,769

 

 

 

10,513

 

Latin America

 

 

3,170

 

 

 

4,582

 

Crawford Legal Services

 

 

25,490

 

 

 

25,338

 

Total International Operations Revenues before Reimbursements

 

$

418,607

 

 

$

382,393

 

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

 

 

 

(In thousands)

 

Year Ended December 31,

 

2024

 

 

2023

 

Claims Management

 

$

198,797

 

 

$

182,840

 

Medical Management

 

 

189,277

 

 

 

172,810

 

Total Broadspire Revenues before Reimbursements

 

$

388,074

 

 

$

355,650

 

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

 

 

 

(In thousands)

 

Year Ended December 31,

 

2024

 

 

2023

 

Contractor Connection

 

$

67,586

 

 

$

74,627

 

Networks

 

 

76,977

 

 

 

123,859

 

Subrogation

 

 

29,108

 

 

 

26,973

 

Total Platform Solutions Revenues before Reimbursements

 

$

173,671

 

 

$

225,459

 

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 year ended December 31, 2024:

 

(In Thousands)

 

 

 

Deferred Revenue

 

 

 

Balance at January 1, 2024

 

$

60,411

 

Annual additions

 

 

96,543

 

Revenue recognized from prior periods

 

 

(32,814

)

Revenue recognized from current year additions

 

 

(64,455

)

Balance as of December 31, 2024

 

$

59,685