Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 269

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 269
---
)

    Year Ended December 31,
     
    2024

    2023

    2022

    Net Income (Loss)
     
    $
    26,529

    $
    30,260

    $
    (18,532
    )

    Other Comprehensive Income (Loss):

    Net foreign currency translation (loss) gain, net of tax benefit of $0, $0 and $0, respectively

    (765
    )

    3,051

    (30,554
    )

    Amounts reclassified into net income (loss) for defined benefit pension plans, net of tax benefit of $2,511, $2,668, and $2,675, respectively

    10,069

    9,351

    7,645

    Net unrealized loss on defined benefit plans arising during the year, net of tax benefit of $591, $701, and $3,681, respectively

    (7,986
    )

    (15,740
    )

    (11,704
    )

    Other Comprehensive Income (Loss)

    1,318

    (3,338
    )

    (34,613
    )

    Comprehensive Income (Loss)

    27,847

    26,922

    (53,145
    )

    Comprehensive loss (income) attributable to noncontrolling interests

    239

    393

    (40
    )

    Comprehensive Income (Loss) Attributable to Shareholders of Crawford & Company
     
    $
    28,086

    $
    27,315

    $
    (53,185
    )

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

58

CRAWFORD & COMPANY

CONSOLIDATED BALANCE SHEETS

(In thousands)

    December 31,
     
    2024

    2023

    ASSETS

    Current Assets:

    Cash and cash equivalents
     
    $
    55,412

    $
    58,363

    Accounts receivable, less allowance for expected credit losses of $8,145 and $8,599, respectively

    142,064

    131,362

    Unbilled revenues, at estimated billable amounts

    131,080

    116,611

    Income taxes receivable

    5,337