Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 162

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 162
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 assets

        (7,836
        )

        Contingent earnout adjustments

        (2,921
        )

        Goodwill impairment

        (36,808
        )

        Income before income taxes

        5,046

        Income taxes

        (23,578
        )

        Net Loss

        (18,532
        )

        Net Loss Attributable to Noncontrolling Interests

        227

        Net Loss Attributable to Shareholders of Crawford & Company

        $
        (18,305
        )
       
        (1)	Other office and operating expenses include travel and entertainment, automobile expenses, office operating expenses and data processing costs.(2)	Other, net primarily includes bank service charges and advertising expenses.(3)    Allocated corporate, shared services, and administrative costs, comprise of expenses for administrative functions, including direct compensation, payroll taxes, and benefits which are allocated to each segment based on usage.(4)    Unallocated corporate and shared costs and credits represent expenses for the Company's Chief Executive Officer and Board of Directors, certain adjustments to self-insured liabilities, certain unallocated legal and professional fees, and certain adjustments and recoveries to the Company's allowances for estimated credit losses. 

100

Segment assets consist of accounts receivable, less allowance for expected credit losses, unbilled revenues at estimated billable amounts, goodwill and intangible assets arising from business acquisitions, net. Assets for the years ended December 31, 2024, 2023, and 2022 were as follows: 

        North America Loss Adjusting

        International Operations

        Broadspire

        PlatformSolutions

        Total

        (In thousands)

        2024

        Assets
         
        $
        106,657

        $
        149,441

        $
        73,114

        $
        94,845

        $
        424,057

        2023

        Assets

        108,471

        144,785

        70,283

        82,944

        406,483

      	Revenues by geographic region and major service line for the North America Loss Adjusting, International Operations, Broadspire and Platform Solutions segments are shown in Note 2, "Revenue Recognition."Capital expenditures for the years ended December 31, 2024, 2023, and 2022 are shown in the following table: