Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 163

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 163
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 disclosures, long-lived assets consist of the net property and equipment, capitalized software costs, net and operating lease right-of-use, net line items on the Company's Consolidated Balance Sheets and excludes intangible assets and goodwill. 

        U.S.

        U.K.

        Canada

        All OtherInternational

        TotalCompany

        (In thousands)

        2024

        Revenues before reimbursements
         
        $
        783,024

        $
        168,357

        $
        90,879

        $
        250,250

        $
        1,292,510

        Long-lived assets

        140,701

        23,101

        16,676

        30,737

        211,215

        2023

        Revenues before reimbursements

        788,364

        143,353

        96,374

        239,040

        1,267,131

        Long-lived assets

        136,087

        20,847

        18,213

        32,981

        208,128

14.	Client FundsThe Company maintains funds in custodial accounts at financial institutions to administer claims for certain clients. These funds are not available for the Company's general operating activities and, as such, have not been recorded in the accompanying Consolidated Balance Sheets. The amount of these funds totaled $566,280,000 at December 31, 2024.

15.	Commitments and ContingenciesAs part of the Company's Credit Facility, the Company maintains a letter of credit facility to satisfy certain of its own contractual requirements. At December 31, 2024, the aggregate committed amount of letters of credit outstanding under the facility was $8,870,000.From time to time, the Company enters into certain agreements for the purchase or sale of assets or businesses that contain provisions that may require the Company to make additional payments in the future depending upon the achievement of specified operating results of the acquired company, or provide the Company with an option or similar right to purchase additional assets. In the normal course of its business, the Company is sometimes named as a defendant or responsible party in suits or other actions by insureds or claimants contesting decisions made by the Company or its clients with respect to the settlement of claims. Additionally, certain clients of the Company have in the past brought, and may, in the future bring, claims for indemnification