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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's unaudited condensed consolidated financial statements were as follows:

 

 

 

Three Months Ended June 30, 2021

 

 

Six Months Ended June 30, 2021

 

(in thousands)

 

Foreign
currency
translation
adjustments

 

 

Retirement
liabilities
(1)

 

 

AOCL
attributable
to shareholders
of Crawford &
Company

 

 

Foreign
currency
translation
adjustments

 

 

Retirement
liabilities
(1)

 

 

AOCL
attributable
to shareholders
of Crawford &
Company

 

Beginning balance

 

$

(20,154

)

 

$

(166,112

)

 

$

(186,266

)

 

$

(30,792

)

 

$

(168,064

)

 

$

(198,856

)

Other comprehensive income before reclassifications

 

 

2,154

 

 

 

 

 

 

2,154

 

 

 

12,792

 

 

 

 

 

 

12,792

 

Amounts reclassified from accumulated other comprehensive income to net income

 

 

 

 

 

1,877

 

 

 

1,877

 

 

 

 

 

 

3,829

 

 

 

3,829

 

Net current period other comprehensive income

 

 

2,154

 

 

 

1,877

 

 

 

4,031

 

 

 

12,792

 

 

 

3,829

 

 

 

16,621

 

Ending balance

 

$

(18,000

)

 

$

(164,235

)

 

$

(182,235

)

 

$

(18,000

)

 

$

(164,235

)

 

$

(182,235

)

 

 

 

Three Months Ended June 30, 2020

 

 

Six Months Ended June 30, 2020

 

(in thousands)

 

Foreign
currency
translation
adjustments

 

 

Retirement
liabilities
(1)

 

 

AOCL
attributable
to shareholders
of Crawford &
Company

 

 

Foreign
currency
translation
adjustments

 

 

Retirement
liabilities
(1)

 

 

AOCL
attributable
to shareholders
of Crawford &
Company

 

Beginning balance

 

$

(38,747

)

 

$

(169,129

)

 

$

(207,876

)

 

$

(35,850

)

 

$

(171,057

)

 

$

(206,907

)

Other comprehensive loss before reclassifications

 

 

(2,844

)

 

 

 

 

 

(2,844

)

 

 

(6,317

)

 

 

 

 

 

(6,317

)

Amounts reclassified from accumulated other comprehensive income to net income

 

 

 

 

 

1,885

 

 

 

1,885

 

 

 

 

 

 

3,813

 

 

 

3,813

 

Net current period other comprehensive (loss) income

 

 

(2,844

)

 

 

1,885

 

 

 

(959

)

 

 

(6,317

)

 

 

3,813

 

 

 

(2,504

)

Acquisition of noncontrolling interest

 

 

 

 

 

 

 

 

 

 

 

576

 

 

 

 

 

 

576

 

Ending balance

 

$

(41,591

)

 

$

(167,244

)

 

$

(208,835

)

 

$

(41,591

)

 

$

(167,244

)

 

$

(208,835

)

 

(1)       Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Other Income (Expense), net" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 6, "Defined Benefit Pension Plans" for additional details.