XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Revenues before reimbursements $ 277,286 $ 293,335 $ 836,863 $ 885,510
Reimbursements 18,101 16,649 47,101 55,506
Total revenues 295,387 309,984 883,964 941,016
Costs and Expenses:        
Costs of services provided, before reimbursements 193,453 211,106 595,248 662,537
Reimbursements 18,101 16,649 47,101 55,506
Total costs of services 211,554 227,755 642,349 718,043
Selling, general, and administrative expenses 60,325 61,738 178,182 179,346
Corporate interest expense, net of interest income of $278 and $227 for the three months ended September 30, 2016 and 2015, respectively, and $498 and $587 for the nine months ended September 30, 2016 and 2015, respectively 2,262 2,332 7,553 6,238
Restructuring and special charges 1,488 11,078 7,431 16,383
Total Costs and Expenses 275,629 302,903 835,515 920,010
Other Income 197 217 719 701
Income before income taxes 19,955 7,298 49,168 21,707
Provision for Income Taxes 8,606 8,385 20,029 15,335
Net Income (Loss) 11,349 (1,087) 29,139 6,372
Net (Income) Loss Attributable to Noncontrolling Interests (404) 230 (937) (189)
Net Income (Loss) Attributable to Shareholders of Crawford & Company $ 10,945 $ (857) $ 28,202 $ 6,183
Common Class A        
Earnings (Loss) Per Share - Basic:        
Earnings (Loss) Per Share - Basic (usd per share) $ 0.21 $ (0.01) $ 0.54 $ 0.14
Earnings (Loss) Per Share - Diluted:        
Earnings (Loss) Per Share - Diluted (usd per share) $ 0.20 $ (0.01) $ 0.53 $ 0.14
Weighted-Average Shares Used to Compute Basic Earnings (Loss) Per Share:        
Weighted Average Shares Used to Compute Basic Earnings (Loss) Per Share 30,922 30,807 30,731 30,668
Weighted-Average Shares Used to Compute Diluted Earnings (Loss) Per Share:        
Weighted Average Shares Used to Compute Diluted Earnings (Loss) Per Share 31,665 30,807 31,200 31,156
Cash Dividends Per Share:        
Cash Dividends Per Share (usd per share) $ 0.07 $ 0.07 $ 0.21 $ 0.21
Common Class B        
Earnings (Loss) Per Share - Basic:        
Earnings (Loss) Per Share - Basic (usd per share) 0.19 (0.03) 0.48 0.08
Earnings (Loss) Per Share - Diluted:        
Earnings (Loss) Per Share - Diluted (usd per share) $ 0.18 $ (0.03) $ 0.47 $ 0.08
Weighted-Average Shares Used to Compute Basic Earnings (Loss) Per Share:        
Weighted Average Shares Used to Compute Basic Earnings (Loss) Per Share 24,690 24,690 24,690 24,690
Weighted-Average Shares Used to Compute Diluted Earnings (Loss) Per Share:        
Weighted Average Shares Used to Compute Diluted Earnings (Loss) Per Share 24,690 24,690 24,690 24,690
Cash Dividends Per Share:        
Cash Dividends Per Share (usd per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15