Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 272

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 272
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 (12,279
    )

    7,397

    Stock-based compensation costs

    5,768

    5,603

    4,923

    Loss (gain) on disposal of property and equipment

    102

    646

    (1,490
    )

    Contingent earnout adjustments

    (1,099
    )

    4,025

    2,921

    Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:

    Accounts receivable, net

    (10,741
    )

    11,663

    (15,537
    )

    Unbilled revenues, net

    (13,691
    )

    11,879

    (19,319
    )

    Accrued or prepaid income taxes

    (2,140
    )

    13,063

    (7,444
    )

    Accounts payable and accrued liabilities

    6,916

    (2,822
    )

    (5,985
    )

    Deferred revenues

    (1,443
    )

    5,913

    (397
    )

    Accrued retirement costs

    8,312

    7,174

    (1,366
    )

    Prepaid expenses and other operating activities

    (555
    )

    (7,077
    )

    9,557

    Net cash provided by operating activities

    51,619

    103,790

    27,634

    Cash Flows from Investing Activities:

    Acquisitions of property and equipment

    (6,210
    )

    (4,890
    )

    (6,838
    )

    Capitalization of computer software costs

    (35,437
    )

    (31,706
    )

    (27,761
    )

    Cash proceeds from sale of property and equipment

    —

    —

    3,032

    Payments for business acquisitions, net of cash acquired

    —

    —

    (26,309
    )

    Net cash used in investing activities

    (41,647
    )

    (36,596
    )

    (57,876
    )

    Cash Flows from Financing Activities:

    Cash dividends paid

    (13,755
    )

    (12,701
    )