Company: CRD-A
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000950170-25-102033
Chunk: 0

Company: CRAWFORD & CO
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited

     Three Months Ended June 30,

     (In thousands, except per share amounts)
      
     2025

     2024

     Revenues:

     Revenues before reimbursements
      
     $
     322,997

     $
     314,227

     Reimbursements

     11,598

     12,626

     Total Revenues

     334,595

     326,853

     Costs and Expenses:

     Costs of services provided, before reimbursements

     224,724

     222,265

     Reimbursements

     11,598

     12,626

     Total costs of services

     236,322

     234,891

     Selling, general, and administrative expenses

     78,337

     72,270

     Corporate interest expense, net of interest income of $796 and $817, respectively

     3,858

     4,256

     Total Costs and Expenses

     318,517

     311,417

     Other Loss, net

     (2,413
     )

     (2,448
     )

     Income Before Income Taxes

     13,665

     12,988

     Provision for Income Taxes

     5,845

     4,486

     Net Income

     7,820

     8,502

     Net (Income) Loss Attributable to Noncontrolling Interests

     (38
     )

     82

     Net Income Attributable to Shareholders of Crawford & Company
      
     $
     7,782

     $
     8,584

     Earnings Per Share - Basic:

     Class A Common Stock
      
     $
     0.16

     $
     0.17

     Class B Common Stock
      
     $
     0.16

     $
     0.17

     Earnings Per Share - Diluted:

     Class A Common Stock
      
     $
     0.16

     $
     0.17

     Class B Common Stock
      
     $
     0.16

     $
     0.17

     Weighted-Average Shares Used to Compute Basic Earnings Per Share:

     Class