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Condensed Consolidated Balance Sheets Unaudited - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
[1]
Current Assets:    
Cash and cash equivalents $ 52,340 $ 58,363
Accounts receivable, less allowance for expected credit losses of $8,465 and $8,599, respectively 131,352 131,362
Unbilled revenues, at estimated billable amounts 134,998 116,611
Income taxes receivable 4,108 4,842
Prepaid expenses and other current assets 39,570 58,168
Total Current Assets 362,368 369,346
Net Property and Equipment 19,921 22,742
Other Assets:    
Operating lease right-of-use assets, net 83,637 88,615
Goodwill 76,631 76,724
Intangible assets arising from business acquisitions, net 76,607 81,786
Capitalized software costs, net 108,791 96,770
Deferred income tax assets 24,618 26,247
Other noncurrent assets 48,221 36,969
Total Other Assets 418,505 407,111
TOTAL ASSETS 800,794 799,199
Current Liabilities:    
Short-term borrowings 32,440 14,813
Accounts payable 43,738 45,107
Accrued compensation and related costs 78,897 97,842
Self-insured risks 24,096 33,238
Income taxes payable 0 6,130
Operating lease liability 24,998 24,351
Other accrued liabilities 43,756 42,271
Deferred revenues 35,441 35,540
Total Current Liabilities 283,366 299,292
Noncurrent Liabilities:    
Long-term debt and finance leases, less current installments 205,918 194,335
Operating lease liability 70,492 78,029
Deferred revenues 23,779 24,871
Accrued pension liabilities 23,064 24,006
Other noncurrent liabilities 34,985 38,835
Total Noncurrent Liabilities 358,238 360,076
Shareholders' Investment:    
Additional paid-in capital 87,338 82,589
Retained earnings 235,900 228,564
Accumulated other comprehensive loss (211,370) (218,615)
Shareholders' Investment Attributable to Shareholders of Crawford & Company 160,927 141,618
Noncontrolling interests (1,737) (1,787)
Total Shareholders' Investment 159,190 139,831
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 800,794 799,199
Class A Non-Voting    
Shareholders' Investment:    
Common stock outstanding, value 29,890 29,525
Class B Voting    
Shareholders' Investment:    
Common stock outstanding, value $ 19,169 $ 19,555
[1] Derived from the audited Consolidated Balance Sheet