Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 111

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 111
---
 
    (13,755)

    Stock-based compensation
     
    —
     
    —
     
    5,768
     
    —
     
    —
     
    5,768
     
    —
     
    5,768

    Repurchases of common stock
     
    —
     
    (410)
     
    —
     
    (3,457)
     
    —
     
    (3,867)
     
    —
     
    (3,867)

    Shares issued in connection with stock-based compensation plans, net
     
    599
     
    —
     
    (773)
     
    —
     
    —
     
    (174)
     
    —
     
    (174)

    Decrease in value of noncontrolling interest due to acquisition
     
    —
     
    —
     
    (466)
     
    —
     
    —
     
    (466)
     
    489
     
    23

    Dividends paid to noncontrolling interests
     
    —
     
    —
     
    —
     
    —
     
    —
     
    —
     
    (122)
     
    (122)

    Balance at December 31, 2024
     
    $30,124
     
    $19,145
     
    $87,118
     
    $237,948
     
    $(217,125)
     
    $157,210
     
    $(1,659)
     
    $155,551

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

62

Notes to Consolidated Financial Statements

1.	Significant Accounting and Reporting PoliciesNature of OperationsBased in Atlanta, Georgia, Crawford & Company ("Crawford" or "the Company") is the world's largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations with an expansive global network serving clients in more than 70 countries. Shares of the Company's two classes of common stock are traded on the New York Stock Exchange ("NYSE") under the symbols CRD-A and CRD-B. The Company's two classes of stock are substantially identical, except with respect to voting rights for the Class B Common Stock (CRD-B), and protections for