Crawford & Company (CRDA) financial statements (2022 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 53 | 45 | 52 | 53 | 54 | 82 | 76 |
|
Cash and cash equivalents | 53 | 45 | 52 | 53 | 54 | 82 | 76 |
|
Restricted cash and investments | 0 | | | | | | |
|
Receivables | 139 | 124 | 136 | 135 | 182 | 157 | 169 |
|
Costs in excess of billings | ✕ | ✕ | ✕ | ✕ | 109 | 102 | 99 |
|
Other undisclosed current assets | 153 | 133 | 127 | 133 | 25 | 24 | 27 |
|
Total current assets: | 346 | 302 | 315 | 321 | 370 | 365 | 370 |
|
Noncurrent Assets |
|
Operating lease, right-of-use asset | 99 | 109 | 102 | ✕ | ✕ | ✕ | ✕ |
|
Property, plant and equipment | 34 | 36 | | 34 | 42 | 30 | 38 |
|
Intangible assets, net (including goodwill) | 214 | 138 | 156 | 182 | 194 | 179 | 200 |
|
Goodwill | 117 | 67 | 81 | 97 | 97 | 92 | 96 |
|
Intangible assets, net (excluding goodwill) | 98 | 71 | 75 | 85 | 97 | 87 | 105 |
|
Deferred costs | 10 | 16 | | | | | |
|
Deferred income tax assets | 21 | 26 | 18 | ✕ | ✕ | ✕ | ✕ |
|
Other noncurrent assets | 62 | 71 | 71 | 70 | 68 | 52 | 47 |
|
Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | ✕ | 22 | 15 |
|
Deferred tax assets, net | ✕ | ✕ | ✕ | | | 30 | 47 |
|
Other undisclosed noncurrent assets | 66 | 55 | 98 | 94 | 114 | 59 | 65 |
|
Total noncurrent assets: | 507 | 451 | 445 | 381 | 418 | 371 | 413 |
|
TOTAL ASSETS: | 853 | 753 | 760 | 701 | 788 | 736 | 783 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 146 | 129 | 106 | 123 | 128 | 130 | 118 |
|
Accounts payable | 48 | 42 | 34 | 38 | 49 | 52 | 45 |
|
Accrued liabilities | | | | 16 | | | |
|
Employee-related liabilities | 96 | 82 | 68 | 67 | 76 | 74 | 69 |
|
Taxes payable | 1 | 6 | 3 | 3 | 3 | 4 | 4 |
|
Deferred revenue | 32 | 27 | 28 | ✕ | ✕ | ✕ | ✕ |
|
Debt | 11 | 2 | 29 | 23 | 25 | 1 | 22 |
|
Self insurance reserve | 13 | 11 | 11 | 15 | 13 | 15 | 14 |
|
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 54 | 50 | 60 |
|
Contract with customer, liability | ✕ | ✕ | ✕ | 31 | ✕ | ✕ | ✕ |
|
Other liabilities | 77 | 40 | 31 | 32 | 37 | 35 | 45 |
|
Other undisclosed current liabilities | 25 | 32 | 31 | | | | |
|
Total current liabilities: | 304 | 243 | 236 | 225 | 257 | 230 | 258 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation, including: | 164 | 112 | 148 | 167 | 200 | 187 | 225 |
|
Operating lease, liability | 88 | 93 | 87 | ✕ | ✕ | ✕ | ✕ |
|
Other undisclosed long-term debt and lease obligation | 76 | 19 | 61 | 167 | 200 | 187 | 225 |
|
Liabilities, other than long-term debt | 96 | 128 | 126 | 128 | 137 | 59 | 58 |
|
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 23 | 26 | 27 |
|
Deferred revenue | 24 | 24 | 24 | ✕ | ✕ | ✕ | ✕ |
|
Contract with customer, liability | ✕ | ✕ | ✕ | 22 | ✕ | ✕ | ✕ |
|
Deferred compensation liability, classified | 7 | 8 | | | | | |
|
Deferred tax liabilities, net | ✕ | ✕ | ✕ | | | 2 | 1 |
|
Deferred income tax liabilities | 5 | 2 | 2 | ✕ | ✕ | ✕ | ✕ |
|
Liability, pension and other postretirement and postemployment benefits | 18 | 54 | 66 | 74 | 87 | 3 | 3 |
|
Other liabilities | 43 | 40 | 33 | 32 | 28 | 28 | 18 |
|
Self insurance reserve | | | | | | | 9 |
|
Other undisclosed noncurrent liabilities | 77 | 84 | 85 | | | 100 | 117 |
|
Total noncurrent liabilities: | 337 | 323 | 359 | 295 | 338 | 346 | 401 |
|
Total liabilities: | 641 | 566 | 595 | 520 | 594 | 577 | 659 |
|
Temporary equity, carrying amount | | | 2 | 6 | 7 | | |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent, including: | 212 | 187 | 159 | 171 | 182 | 154 | 114 |
|
Additional paid in capital | 74 | 67 | 63 | 59 | 53 | 48 | 42 |
|
Accumulated other comprehensive loss | (180) | (199) | (207) | (216) | (196) | (212) | (223) |
|
Retained earnings | 266 | 265 | 250 | 274 | 270 | 262 | 239 |
|
Other undisclosed stockholders' equity attributable to parent | 52 | 53 | 53 | 55 | 56 | 56 | 55 |
|
Stockholders' equity attributable to noncontrolling interest | (1) | (0) | 3 | 4 | 5 | 5 | 11 |
|
Total stockholders' equity: | 211 | 187 | 163 | 175 | 187 | 159 | 124 |
|
TOTAL LIABILITIES AND EQUITY: | 853 | 753 | 760 | 701 | 788 | 736 | 783 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.