CRAWFORD & CO

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 3, 2025

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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Contents

Consolidated Balance Sheets

December 31,	2024	2023
ASSETS
Current Assets:
Cash and cash equivalents	$55,412	$58,363
Accounts receivable, less allowance for expected credit losses of $8,145 and $8,599, respectively	142,064	131,362
Unbilled revenues, at estimated billable amounts	131,080	116,611
Income taxes receivable	5,337	4,842
Prepaid expenses and other current assets	40,334	58,168
Total Current Assets	374,227	369,346
Net Property and Equipment	20,554	22,742
Other Assets:
Operating lease right-of-use asset, net	78,808	88,615
Goodwill	76,368	76,724
Intangible assets arising from business acquisitions, net	74,545	81,786
Capitalized software costs, net	111,854	96,770
Deferred income tax assets	25,305	26,247
Other noncurrent assets	42,094	36,969
Total Other Assets	408,974	407,111
TOTAL ASSETS	$803,755	$799,199

(In thousands, except par value amounts)

December 31,	2024	2023
LIABILITIES AND SHAREHOLDERS' INVESTMENT
Current Liabilities:
Short-term borrowings	$17,822	$14,813
Accounts payable	50,605	45,107
Accrued compensation and related costs	101,371	97,842
Self-insured risks	27,813	33,238
Income taxes payable	3,343	6,130
Operating lease liability	24,541	24,351
Other accrued liabilities	38,103	42,271
Deferred revenues	36,129	35,540
Total Current Liabilities	299,727	299,292
Noncurrent Liabilities:
Long-term debt and finance leases, less current installments	200,315	194,335
Deferred revenues	23,556	24,871
Accrued pension liabilities	21,084	24,006
Operating lease liability	66,811	78,029
Other noncurrent liabilities	36,711	38,835
Total Noncurrent Liabilities	348,477	360,076
Shareholders' Investment:
Class A common stock, $1.00 par value, 50,000 shares authorized; 30,124 and 29,525 shares issued and outstanding, respectively	30,124	29,525
Class B common stock, $1.00 par value, 50,000 shares authorized; 19,145 and 19,555 shares issued and outstanding, respectively	19,145	19,555
Additional paid-in capital	87,118	82,589
Retained earnings	237,948	228,564
Accumulated other comprehensive loss	(217,125)	(218,615)
Shareholders' Investment Attributable to Shareholders of Crawford & Company	157,210	141,618
Noncontrolling interests	(1,659)	(1,787)
Total Shareholders' Investment	155,551	139,831
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT	$803,755	$799,199

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.