Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 271

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 271
---

    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

The accompanying notes are an integral part of these consolidated financial statements.

60

CRAWFORD & COMPANY

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

    Year Ended December 31,
     
    2024

    2023

    2022

    Cash Flows from Operating Activities:

    Net income (loss)
     
    $
    26,529

    $
    30,260

    $
    (18,532
    )

    Reconciliation of net income (loss) to net cash provided by operating activities:

    Depreciation and amortization

    36,195

    35,742

    36,098

    Goodwill impairment

    —

    —

    36,808

    Deferred income taxes

    (2,534
    )