CRAWFORD & CO
For the period ended Dec 31, 2023. Filed Mar 4, 2024.
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FY2023 · Filed Mar 4, 2024
CRD-A$11.73+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended December 31, | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenues from Services: | |||
| Revenues before reimbursements | $1,267,131 | $1,189,482 | $1,102,032 |
| Reimbursements | 49,788 | 41,744 | 37,199 |
| Total Revenues | 1,316,919 | 1,231,226 | 1,139,231 |
| Costs and Expenses: | |||
| Costs of services provided, before reimbursements | 908,059 | 883,128 | 810,231 |
| Reimbursements | 49,788 | 41,744 | 37,199 |
| Total costs of services | 957,847 | 924,872 | 847,430 |
| Selling, general, and administrative expenses | 286,506 | 255,750 | 244,850 |
| Corporate interest expense, net of interest income of $2,773, $655 and $424, respectively | 17,036 | 10,311 | 6,559 |
| Goodwill impairment | — | 36,808 | — |
| Total Costs and Expenses | 1,261,389 | 1,227,741 | 1,098,839 |
| Other (Loss) Income | (8,173) | 1,561 | 3,472 |
| Income Before Income Taxes | 47,357 | 5,046 | 43,864 |
| Provision for Income Taxes | 17,097 | 23,578 | 13,316 |
| Net Income (Loss) | 30,260 | (18,532) | 30,548 |
| Net Loss Attributable to Noncontrolling Interests | 349 | 227 | 144 |
| Net Income (Loss) Attributable to Shareholders of Crawford & Company | $30,609 | $(18,305) | $30,692 |
| Earnings (Loss) Per Share - Basic: | |||
| Class A Common Stock | $0.63 | $(0.37) | $0.58 |
| Class B Common Stock | $0.63 | $(0.37) | $0.58 |
| Earnings (Loss) Per Share - Diluted: | |||
| Class A Common Stock | $0.61 | $(0.37) | $0.57 |
| Class B Common Stock | $0.62 | $(0.37) | $0.57 |
| Weighted-Average Shares Used to Compute Basic Earnings (Loss) Per Share: | |||
| Class A Common Stock | 29,039 | 29,196 | 30,760 |
| Class B Common Stock | 19,796 | 20,113 | 22,237 |
| Weighted-Average Shares Used to Compute Diluted Earnings (Loss) Per Share: | |||
| Class A Common Stock | 29,799 | 29,196 | 31,743 |
| Class B Common Stock | 19,796 | 20,113 | 22,237 |
| Cash Dividends Per Share: | |||
| Class A Common Stock | $0.26 | $0.24 | $0.24 |
| Class B Common Stock | $0.26 | $0.24 | $0.24 |
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