Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 270

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 270
---
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

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

59

CRAWFORD & COMPANY

CONSOLIDATED BALANCE SHEETS

(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