10-Q

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________________________________________________

Form 10-Q

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

for the quarterly period ended June 30, 2017

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

for the transition period from ____ to ____

Commission file number 1-10356

CRAWFORD & COMPANY

(Exact name of Registrant as specified in its charter)

Georgia	58-0506554
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)
1001 Summit Boulevard
Atlanta, Georgia	30319
(Address of principal executive offices)	(Zip Code)

(404) 300-1000

(Registrant's telephone number, including area code)

____________________________________________________________

Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes þ          Noo

Indicate by check mark whether the Registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files).                        Yes þ          Noo

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	o	Accelerated filer	þ
Non-accelerated filer	o	(Do not check if a smaller reporting company)
		Smaller reporting company	o
		Emerging growth company	o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yeso          Noþ

The number of shares outstanding of each class of the Registrant's common stock, as of July 31, 2017, was as follows:

Class A Common Stock, $1.00 par value: 31,294,849

Class B Common Stock, $1.00 par value: 24,573,394

CRAWFORD & COMPANY

Quarterly Report on Form 10-Q

Quarter Ended June 30, 2017

Table of Contents

		Page
Part I. Financial Information
Item 1.	Financial Statements:	3
	Condensed Consolidated Statements of Operations (unaudited) for the three months ended June 30, 2017 and 2016	3
	Condensed Consolidated Statements of Operations (unaudited) for the six months ended June 30, 2017 and 2016	4
	Condensed Consolidated Statements of Comprehensive Income (unaudited) for the three months and six months ended June 30, 2017 and 2016	5
	Condensed Consolidated Balance Sheets (unaudited) as of June 30, 2017 and December 31, 2016	6
	Condensed Consolidated Statements of Cash Flows (unaudited) for the six months ended June 30, 2017 and 2016	8
	Condensed Consolidated Statements of Shareholders' Investment (unaudited) as of and for the three months and six months ended June 30, 2017 and 2016	9
	Notes to Condensed Consolidated Financial Statements (unaudited)	10
	Review Report of Independent Registered Public Accounting Firm	23
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	24
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	40
Item 4.	Controls and Procedures	40
Part II. Other Information
Item 1A.	Risk Factors	41
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	41
Item 6.	Exhibits	41
Signatures		42
Index to Exhibits		43

Part I — Financial Information

Item 1. Financial Statements

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited

	Three Months Ended June 30,
(In thousands, except per share amounts)	2017			2016
Revenues:
Revenues before reimbursements	$	269,247		$	282,343
Reimbursements	14,725			15,326
Total Revenues	283,972			297,669
Costs and Expenses:
Costs of services provided, before reimbursements	186,327			200,362
Reimbursements	14,725			15,326
Total costs of services	201,052			215,688
Selling, general, and administrative expenses	57,327			61,060
Corporate interest expense, net of interest income of $224 and $151, respectively	2,114			2,523
Restructuring and special charges	6,782			3,526
Total Costs and Expenses	267,275			282,797
Other Income	388			405
Income Before Income Taxes	17,085			15,277
Provision for Income Taxes	6,812			6,116
Net Income	10,273			9,161
Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests	(72		)	(534		)
Net Income Attributable to Shareholders of Crawford & Company	$	10,201		$	8,627
Earnings Per Share - Basic:
Class A Common Stock	$	0.19		$	0.16
Class B Common Stock	$	0.17		$	0.14
Earnings Per Share - Diluted:
Class A Common Stock	$	0.19		$	0.16
Class B Common Stock	$	0.17		$	0.14
Weighted-Average Shares Used to Compute Basic Earnings Per Share:
Class A Common Stock	31,394			30,725
Class B Common Stock	24,678			24,690
Weighted-Average Shares Used to Compute Diluted Earnings Per Share:
Class A Common Stock	32,119			31,253
Class B Common Stock	24,678			24,690
Cash Dividends Per Share:
Class A Common Stock	$	0.07		$	0.07
Class B Common Stock	$	0.05		$	0.05

(See accompanying notes to condensed consolidated financial statements)

3

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited

	Six Months Ended June 30,
(In thousands, except per share amounts)	2017			2016
Revenues:
Revenues before reimbursements	$	536,514		$	559,577
Reimbursements	26,988			29,000
Total Revenues	563,502			588,577
Costs and Expenses:
Costs of services provided, before reimbursements	378,881			401,795
Reimbursements	26,988			29,000
Total costs of services	405,869			430,795
Selling, general, and administrative expenses	117,319			117,857
Corporate interest expense, net of interest income of $407 and $221, respectively	4,150			5,291
Restructuring and special charges	7,387			5,943
Total Costs and Expenses	534,725			559,886
Other Income	766			522
Income Before Income Taxes	29,543			29,213
Provision for Income Taxes	11,647			11,423
Net Income	17,896			17,790
Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests	(31		)	(533		)
Net Income Attributable to Shareholders of Crawford & Company	$	17,865		$	17,257
Earnings Per Share - Basic:
Class A Common Stock	$	0.34		$	0.33
Class B Common Stock	$	0.30		$	0.29
Earnings Per Share - Diluted:
Class A Common Stock	$	0.33		$	0.33
Class B Common Stock	$	0.29		$	0.29
Weighted-Average Shares Used to Compute Basic Earnings Per Share:
Class A Common Stock	31,401			30,635
Class B Common Stock	24,684			24,690
Weighted-Average Shares Used to Compute Diluted Earnings Per Share:
Class A Common Stock	32,181			31,031
Class B Common Stock	24,684			24,690
Cash Dividends Per Share:
Class A Common Stock	$	0.14		$	0.14
Class B Common Stock	$	0.10		$	0.10

(See accompanying notes to condensed consolidated financial statements)

4

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Unaudited

	Three Months Ended June 30,
(In thousands)	2017			2016
Net Income	$	10,273		$	9,161
Other Comprehensive Income:
Net foreign currency translation income, net of tax of $0 and $0, respectively	653			5,864
Amortization of actuarial losses for retirement plans included in net periodic pension cost, net of tax of $990 and $1,107, respectively	1,750			2,141
Other Comprehensive Income	2,403			8,005
Comprehensive Income	12,676			17,166
Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests	(202		)	(65		)
Comprehensive Income Attributable to Shareholders of Crawford & Company	$	12,474		$	17,101
	Six Months Ended June 30,
(In thousands)	2017			2016
Net Income	$	17,896		$	17,790
Other Comprehensive Income:
Net foreign currency translation income, net of tax of $0 and $0, respectively	1,531			3,447
Amortization of actuarial losses for retirement plans included in net periodic pension cost, net of tax of $1,979 and $2,213, respectively	3,533			4,282
Other Comprehensive Income	5,064			7,729
Comprehensive Income	22,960			25,519
Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interests	653			550
Comprehensive Income Attributable to Shareholders of Crawford & Company	$	23,613		$	26,069

(See accompanying notes to condensed consolidated financial statements)

5

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS

Unaudited

			*
(In thousands)	June 30, 2017		December 31, 2016
ASSETS
Current Assets:
Cash and cash equivalents	$	59,962	$	81,569
Accounts receivable, less allowance for doubtful accounts of $15,798 and $14,499 respectively	168,047		153,566
Unbilled revenues, at estimated billable amounts	114,969		101,809
Income taxes receivable	3,781		3,781
Prepaid expenses and other current assets	25,025		24,006
Total Current Assets	371,784		364,731
Net Property and Equipment	28,329		29,605
Other Assets:
Goodwill	116,488		91,750
Intangible assets arising from business acquisitions, net	101,942		86,931
Capitalized software costs, net	84,779		80,960
Deferred income tax assets	28,764		30,379
Other noncurrent assets	58,188		51,503
Total Other Assets	390,161		341,523
TOTAL ASSETS	$	790,274	$	735,859

*    Derived from the audited Consolidated Balance Sheet

(See accompanying notes to condensed consolidated financial statements)

6

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS — CONTINUED

Unaudited

				*
(In thousands, except par value amounts)	June 30, 2017			December 31, 2016
LIABILITIES AND SHAREHOLDERS' INVESTMENT
Current Liabilities:
Short-term borrowings	$	5,383		$	30
Accounts payable	50,520			51,991
Accrued compensation and related costs	56,604			74,466
Self-insured risks	13,705			14,771
Income taxes payable	6,831			3,527
Deferred rent	11,283			12,142
Other accrued liabilities	38,434			34,922
Deferred revenues	38,187			37,456
Current installments of long-term debt and capital leases	543			982
Total Current Liabilities	221,490			230,287
Noncurrent Liabilities:
Long-term debt and capital leases, less current installments	241,199			187,002
Deferred revenues	24,668			25,884
Accrued pension liabilities	95,782			105,175
Other noncurrent liabilities	23,769			28,247
Total Noncurrent Liabilities	385,418			346,308
Redeemable Noncontrolling Interests	7,362			—
Shareholders' Investment:
Class A common stock, $1.00 par value; 50,000 shares authorized; 31,258 and 31,296 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	31,258			31,296
Class B common stock, $1.00 par value; 50,000 shares authorized; 24,642 and 24,690 shares issued and outstanding at June 30, 2017 and December 31, 2016 respectively	24,642			24,690
Additional paid-in capital	51,514			48,108
Retained earnings	270,221			261,562
Accumulated other comprehensive loss	(206,025		)	(211,773		)
Shareholders' Investment Attributable to Shareholders of Crawford & Company	171,610			153,883
Noncontrolling interests	4,394			5,381
Total Shareholders' Investment	176,004			159,264
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT	$	790,274		$	735,859

*    Derived from the audited Consolidated Balance Sheet

(See accompanying notes to condensed consolidated financial statements)

7

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Unaudited

	Six Months Ended June 30,
(In thousands)	2017			2016
Cash Flows From Operating Activities:
Net income	$	17,896		$	17,790
Reconciliation of net income to net cash (used in) provided by operating activities:
Depreciation and amortization	20,358			20,558
Stock-based compensation	3,405			1,957
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable, net	(12,192		)	(7,437		)
Unbilled revenues, net	(10,899		)	(13,306		)
Accrued or prepaid income taxes	4,078			3,224
Accounts payable and accrued liabilities	(24,626		)	1,949
Deferred revenues	(658		)	(4,084		)
Accrued retirement costs	(10,409		)	(5,247		)
Prepaid expenses and other operating activities	(3,312		)	(3,945		)
Net cash (used in) provided by operating activities	(16,359		)	11,459
Cash Flows From Investing Activities:
Acquisitions of property and equipment	(3,767		)	(4,588		)
Proceeds from disposals of property and equipment	316			—
Capitalization of computer software costs	(12,155		)	(8,749		)
Payments for business acquisitions, net of cash acquired	(36,029		)	(3,672		)
Other investing activities	(257		)	(95		)
Net cash used in investing activities	(51,892		)	(17,104		)
Cash Flows From Financing Activities:
Cash dividends paid	(6,869		)	(6,762		)
Payments related to shares received for withholding taxes under stock-based compensation plans	(435		)	(4		)
Proceeds from shares purchased under employee stock-based compensation plans	297			449
Decrease in note payable for stock repurchase	—			(2,206		)
Repurchases of common stock	(3,434		)	—
Increases in short-term and revolving credit facility borrowings	61,318			51,471
Payments on short-term and revolving credit facility borrowings	(4,897		)	(52,825		)
Payments on capital lease obligations	(693		)	(935		)
Dividends paid to noncontrolling interests	—			(210		)
Other financing activities	—			(12		)
Net cash provided by (used in) financing activities	45,287			(11,034		)
Effects of exchange rate changes on cash and cash equivalents	1,357			(22		)
Decrease in cash and cash equivalents	(21,607		)	(16,701		)
Cash and cash equivalents at beginning of year	81,569			76,066
Cash and cash equivalents at end of period	$	59,962		$	59,365

(See accompanying notes to condensed consolidated financial statements)

8

CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' INVESTMENT

Unaudited

(In thousands)

	Common Stock												Accumulated			Shareholders' Investment Attributable to
2017	Class A Non-Voting			Class B Voting			Additional Paid-In Capital			Retained Earnings			Other Comprehensive Loss			Shareholders of Crawford & Company			Noncontrolling Interests			Total Shareholders' Investment
Balance at January 1, 2017	$	31,296		$	24,690		$	48,108		$	261,562		$	(211,773	)	$	153,883		$	5,381		$	159,264
Net income (1)	—			—			—			7,664			—			7,664			137			7,801
Other comprehensive income (loss)	—			—			—			—			3,475			3,475			(814		)	2,661
Cash dividends paid	—			—			—			(3,441		)	—			(3,441		)	—			(3,441		)
Stock-based compensation	—			—			1,296			—			—			1,296			—			1,296
Cumulative-effect adjustment of ASU 2016-09	—			—			—			692			—			692			—			692
Common stock activity	231			—			(629		)	—			—			(398		)	—			(398		)
Acquisition of noncontrolling interests	—			—			34			—			—			34			(715		)	(681		)
Balance at March 31, 2017	$	31,527		$	24,690		$	48,809		$	266,477		$	(208,298	)	$	163,205		$	3,989		$	167,194
Net income (1)	—			—			—			10,201			—			10,201			275			10,476
Other comprehensive income	—			—			—			—			2,273			2,273			130			2,403
Cash dividends paid	—			—			—			(3,428		)	—			(3,428		)	—			(3,428		)
Stock-based compensation	—			—			2,109			—			—			2,109			—			2,109
Repurchases of common stock	(357		)	(48		)	—			(3,029		)	—			(3,434		)	—			(3,434		)
Common stock activity	88			—			172			—			—			260			—			260
Acquisition of noncontrolling interests	—			—			424			—			—			424			—			424
Balance at June 30, 2017	$	31,258		$	24,642		$	51,514		$	270,221		$	(206,025	)	$	171,610		$	4,394		$	176,004

	Common Stock									Accumulated			Shareholders' Investment Attributable to
2016	Class A Non-Voting		Class B Voting		Additional Paid-In Capital		Retained Earnings			Other Comprehensive Loss			Shareholders of Crawford & Company			Noncontrolling Interests			Total Shareholders' Investment
Balance at January 1, 2016	$	30,537	$	24,690	$	41,936	$	239,161		$	(222,631	)	$	113,693		$	10,658		$	124,351
Net income (loss)	—		—		—		8,630			—			8,630			(1		)	8,629
Other comprehensive income (loss)	—		—		—		—			338			338			(614		)	(276		)
Cash dividends paid	—		—		—		(3,373		)	—			(3,373		)	—			(3,373		)
Stock-based compensation	—		—		729		—			—			729			—			729
Common stock activity	14		—		—		—			—			14			—			14
Acquisition of noncontrolling interests	—		—		1,079		—			—			1,079			(4,879		)	(3,800		)
Dividends paid to noncontrolling interests	—		—		—		—			—			—			(186		)	(186		)
Balance at March 31, 2016	$	30,551	$	24,690	$	43,744	$	244,418		$	(222,293	)	$	121,110		$	4,978		$	126,088
Net income	—		—		—		8,627			—			8,627			534			9,161
Other comprehensive income (loss)	—		—		—		—			8,474			8,474			(469		)	8,005
Cash dividends paid	—		—		—		(3,389		)	—			(3,389		)	—			(3,389		)
Stock-based compensation	—		—		1,228		—			—			1,228			—			1,228
Common stock activity	250		—		181		—			—			431			—			431
Dividends paid to noncontrolling interests	—		—		—		—			—			—			(23		)	(23		)
Balance at June 30, 2016	$	30,801	$	24,690	$	45,153	$	249,656		$	(213,819	)	$	136,481		$	5,020		$	141,501

(See accompanying notes to condensed consolidated financial statements)

⁽¹⁾ The total net income presented in the consolidated statements of shareholders' investment for the three months ended March 31, and June 30, 2017 excludes $178 and $203, respectively, in net loss attributable to the redeemable noncontrolling interests.

9

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

Based in Atlanta, Georgia, Crawford & Company ("Crawford" or "the Company") is the world's largest publicly listed independent provider of claims management solutions to the risk management and insurance industry, as well as to self-insured entities, with an expansive global network serving clients in more than 70 countries. The Crawford Solution^®offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management; workers' compensation claims and medical management; and legal settlement administration.

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, respectively. The Company's two classes of stock are substantially identical, except with respect to voting rights and the Company's ability to pay greater cash dividends on the non-voting Class A Common Stock than on the voting Class B Common Stock, subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of Class A Common Stock must receive the same type and amount of consideration as holders of Class B Common Stock, unless different consideration is approved by the holders of 75% of the Class A Common Stock, voting as a class. The Company's website is www.crawfordandcompany.com. The information contained on, or hyperlinked from, the Company's website is not a part of, and is not incorporated by reference into, this report.

1. Basis of Presentation

The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X promulgated by the United States Securities and Exchange Commission (the "SEC"). Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. Operating results for the three months and six months ended, and the Company's financial position as of, June 30, 2017 are not necessarily indicative of the results or financial position that may be expected for the year ending December 31, 2017 or for other future periods. The financial results from the Company's operations outside of the U.S., Canada, the Caribbean, and certain subsidiaries in the Philippines, are reported and consolidated on a two-month delayed basis (fiscal year-end of October 31) as permitted by GAAP in order to provide sufficient time for accumulation of their results.

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments (consisting only of normal recurring accruals and adjustments) considered necessary for a fair presentation have been included. There have been no material changes to our significant accounting policies and estimates from those disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.

Certain prior period amounts among the segments have been reclassified to conform to the current presentation. These reclassifications had no effect on the Company's reported consolidated results. Significant intercompany transactions have been eliminated in consolidation.

The Condensed Consolidated Balance Sheet information presented herein as of December 31, 2016 has been derived from the audited consolidated financial statements as of that date, but does not include all of the information and footnotes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.

The Company consolidates the liabilities of its deferred compensation plan and the related assets, which are held in a rabbi trust and also considered a variable interest entity ("VIE") of the Company. The rabbi trust was created to fund the liabilities of the Company's deferred compensation plan. The Company is considered the primary beneficiary of the rabbi trust because the Company directs the activities of the trust and can use the assets of the trust to satisfy the liabilities of the Company's deferred compensation plan. At June 30, 2017 and December 31, 2016, the liabilities of the deferred compensation plan were $7,609,000 and $9,385,000, respectively, which represented obligations of the Company rather than of the rabbi trust, and the values of the assets held in the related rabbi trust were $16,395,000 and $16,227,000, respectively. These liabilities and assets are included in "Other noncurrent liabilities" and "Other noncurrent assets," respectively, on the Company's unaudited Condensed Consolidated Balance Sheets.

10

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The Company owns 51% of the capital stock of Lloyd Warwick International Limited ("LWI"). The Company has also agreed to provide financial support to LWI of up to approximately $10,000,000. Because of this controlling financial interest, and because Crawford has the obligation to absorb certain of LWI's losses through the additional financial support that LWI may require, LWI is considered a VIE of the Company. LWI also does not meet the business scope exception, as Crawford provides more than half of its financial support, and because LWI lacks sufficient equity at risk to permit it to carry on its activities without this additional financial support. Creditors of LWI have no recourse to Crawford's general credit. Accordingly, Crawford is considered the primary beneficiary and consolidates LWI. Total assets and liabilities of LWI as of June 30, 2017 were $9,696,000 and $10,683,000, respectively. Total assets and liabilities of LWI as of December 31, 2016 were $9,300,000 and $10,554,000, respectively. Included in LWI's total liabilities is a loan from Crawford of $8,780,000 and $8,704,000 as of June 30, 2017 and December 31, 2016, respectively.

Noncontrolling interests represent the minority shareholders' share of the net income or loss and shareholders' investment in consolidated subsidiaries. Noncontrolling interests are presented as a component of shareholders' investment in the unaudited Condensed Consolidated Balance Sheets and reflect the initial fair value of these investments by noncontrolling shareholders, along with their proportionate share of the income or loss of the subsidiaries, less any dividends or distributions. Noncontrolling interests that are redeemable at the option of the holder are presented outside of shareholders' investment as "Redeemable Noncontrolling Interests" and are carried at either their initial fair value plus any profits or losses or estimated redemption value if an adjustment is required.

2. Business Acquisition

On January 4, 2017, the Company acquired 85% of the outstanding membership interests of WeGoLook^®, LLC, for the purchase price of $36,125,000. WeGoLook provides a variety of on-demand inspection, verification, and other field services for businesses and consumers through a mobile platform of independent contractors.

Based on our preliminary acquisition accounting, net tangible assets acquired totaled $1,064,000, including $100,000 of cash. The difference between the purchase price and the net assets acquired represents indefinite and definite-lived intangible assets, goodwill and redeemable noncontrolling interests. The acquisition was funded primarily through additional borrowings under the Company's credit facility.

The purchase agreement also provides that: (a) $250,000 of the purchase price will be held in escrow to secure the net working capital post-closing adjustment; and (b) $800,000 of the purchase price will be held in escrow for a period of 15 months, and $1,000,000 of the purchase price will be held in escrow for a period of 24 months, after the closing date in each case, to secure any valid indemnification claims that the Company may assert for specified breaches of representations, warranties or covenants under the purchase agreement. No amounts have been released from escrow as of June 30, 2017.

The Company has an option, beginning on January 1, 2022 and expiring on December 31, 2023, to acquire the remaining 15% of the outstanding membership interests of WeGoLook. In the event the Company does not exercise the option, beginning on January 1, 2024, the minority members shall have the right to require the Company to acquire the minority members’ interests on or before December 31, 2024. In addition, at the time of the exercise of the option or the put, the minority members may be entitled to additional consideration depending on whether certain financial targets of WeGoLook are achieved between closing and December 31, 2021.

The acquisition was accounted for under the guidance of ASC 805-10, as a business combination under the acquisition method. The preliminary application of acquisition accounting to the assets acquired, and liabilities and redeemable noncontrolling interests assumed, as well as the results of operations of WeGoLook including income or loss attributable to redeemable noncontrolling interests, are reported within the Company’s U.S. Services segment.

As a result of the acquisition, the Company preliminarily recognized definite-lived intangible assets of $17,794,000 consisting of developed technology, customer relationships, non-compete agreements and established relationships with independent contractors. The estimated useful lives of these definite-lived intangible assets range from three to ten years. The Company recognized related amortization expense of $643,000 and $1,287,000 in its unaudited Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2017. The Company preliminarily recognized goodwill of $23,977,000 related to the acquisition. The Company anticipates the goodwill attributable to the acquisition will be deductible for tax purposes. The Company recognized noncontrolling interests of $7,743,000 which were measured at fair value at the acquisition date. The noncontrolling interests have been recorded as "Redeemable Noncontrolling Interests" in the Company's unaudited Condensed Consolidated Balance Sheets. During the six months ended June 30, 2017, no changes were made to the redemption value of the redeemable noncontrolling interests; the change in value was due to the loss for the period. See Note 1, “Basis of Presentation” for a discussion of noncontrolling interests and redeemable noncontrolling interests.

11

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The allocation of the purchase price is preliminary and subject to change, as the Company gathers additional information related to the assets acquired and liabilities and redeemable noncontrolling interests assumed, including intangible assets, other assets, accrued liabilities, deferred taxes, and uncertain tax positions. The Company is in the process of obtaining final third-party valuations of certain intangible assets; thus, the provisional measurements of intangible assets, goodwill, redeemable noncontrolling interests, and deferred income taxes are subject to change.

The Company does not anticipate the WeGoLook operations will have a material impact on the Company’s consolidated results of operations or its earnings per share during 2017. For the three months and six months ended June 30, 2017, WeGoLook accounted for $2,227,000 and $4,158,000 of the Company’s consolidated revenues before reimbursements, respectively.

3. Recently Issued Accounting Standards

Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting

In May 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-9, "Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting." The ASU was issued to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

In March 2017, the FASB issued ASU 2017-7, "Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The ASU requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments in this update also allow only the service cost component to be eligible for capitalization when applicable.The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Simplifying the Test for Goodwill Impairment

In January 2017, the FASB issued ASU 2017-4, "Simplifying the Test for Goodwill Impairment." The ASU was issued to simplify subsequent measurement of goodwill. The update eliminates Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Company elected to early adopt this ASU for the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

Clarifying the Definition of a Business

In January 2017, the FASB issued ASU 2017-1, "Clarifying the Definition of a Business." The ASU was issued to clarify the definition of a business for purposes of acquisitions and dispositions. The amendments in this update provide a more robust framework than prior guidance to use in determining when a set of assets and activities constitutes a business. The Company early adopted this ASU during the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

12

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

Restricted Cash

In November 2016, the FASB issued ASU 2016-18, "Restricted Cash." The ASU was issued to address diversity in practice in the classification and presentation of a change in restricted cash on the statement of cash flows. The amendments in this update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The Company early adopted this ASU for the three-month period ended March 31, 2017, with no effect on its statement of cash flows.

Intra-Entity Transfers of Assets Other Than Inventory

In October 2016, the FASB issued ASU 2016-16, "Intra-Entity Transfers of Assets Other Than Inventory." The update was issued to improve the accounting for income tax consequences of intra-entity transfers of assets other than inventory. The initiative is designed to reduce the complexity in accounting standards. Under the amendment an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this update eliminate the exception for an intra-entity transfer of an asset other than inventory. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Classification of Certain Cash Receipts and Cash Payments in the Statement of Cash Flows

In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows Classification of Certain Cash Receipts and Cash Payments." The update addresses diversity in cash flow reporting issues. The guidance specifically addresses issues concerning debt repayment costs, settlement of zero coupon debt instruments, contingent consideration payments made after a business combination, proceeds from insurance claims and corporate owned life insurance beneficial interests in securitization transactions, and distributions from equity method investees. The guidance also clarifies how the predominant principle should be applied when cash receipts and cash payments have more than one class of cash flows. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this amendment may have on its statement of cash flows.

Measurement of Credit Losses on Financial Instruments

In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments." This update replaces the incurred loss methodology to record credit losses with a methodology that reflects the expected credit losses for financial assets not accounted for at fair value with gains and losses recognized through income. The amendment is effective for annual periods beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company is currently evaluating the effect this amendment may have on its results of operations, financial condition and cash flows.

Improvements to Employee Share-Based Payment Accounting

In March 2016, the FASB issued ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting." This update was issued as part of a simplification effort for the accounting of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, change in forfeiture accounting, and classification on the statement of cash flows. The Company adopted this standard prospectively effective January 1, 2017. Prior periods have not been adjusted. As a result of adoption, the Company recorded an entry to deferred tax assets and increased retained earnings in the amount of $692,000 for tax benefits not previously recorded related to stock compensation. The Company will record all excess tax benefits and tax deficiencies on share-based payment awards as a discrete item in the income statement as these awards vest or are exercised. Forfeitures will be recognized as they occur. The Company reflects all payments made to taxing authorities on behalf of employees by withholding shares as a financing activity in the statement of cash flows. During the quarter and six months ended June 30, 2017, the Company recorded tax expense and benefit of $38,000 and $200,000, respectively, as a result of adoption of this standard.

Simplifying the Transition to the Equity Method of Accounting

In March 2016, the FASB issued ASU 2016-07, "Simplifying the Transition to the Equity Method of Accounting." This update eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this update are effective for annual periods beginning after December 15, 2016, and interim periods thereafter. The Company adopted this standard effective January 1, 2017, with no impact to its results of operations, financial condition and cash flows.

13

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

Financial Accounting for Leases

In February 2016, the FASB issued ASU 2016-02, "Financial Accounting for Leases." Under this update, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP, which requires only capital leases to be recognized on the balance sheet, this ASU will require both types of leases to be recognized on the balance sheet. The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements. The update is effective for annual periods beginning after December 15, 2018, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this update may have on its results of operations, financial condition and cash flows.

Revenue from Contracts with Customers

In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers." Under ASU 2014-09, companies will be required to recognize revenue to depict the transfer of control for goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively (for example, service revenue and contract modifications) and modify guidance for multiple-element arrangements. In August 2015, the FASB issued ASU 2015-14, which deferred by one year the effective date of ASU 2014-09. The one year deferral of the effective date of this standard changed the effective date for the Company to January 1, 2018. Early adoption is permitted, but not before the original effective date. The FASB issued ASU 2016-08, "Principal versus Agent Considerations (Reporting Revenue Gross versus Net)" in March 2016, ASU 2016-10, "Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing" in April 2016, ASU 2016-12, "Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients," in May 2016, and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,” in December 2016. All of these amendments are intended to improve and clarify the implementation guidance of ASU 2014-09 and have the same effective date as the original standard.

The Company has reviewed a sample of contracts with its customers that represent approximately 50% of its consolidated annual revenues before reimbursements that the Company believes is representative of its significant revenue streams identified to date. The assessment of the impact on revenue and expenses based on these reviews to determine the impact to the Company’s results of operations, financial position and cash flows as a result of this guidance is ongoing. As the Company completes its overall assessment, it is also identifying and preparing to implement changes to its accounting policies and disclosure requirements. For example, the ASU requires increased disclosure, which in turn is expected to require certain new processes and system changes. The Company's evaluation indicates that process and system changes will be required to capture the amounts and expected timing of revenues to be recognized from the remaining performance obligations during and as of each reporting period. The Company expects to adopt this new standard as of January 1, 2018 using the modified retrospective method that may result in a cumulative effect adjustment as of the date of adoption.

4. Income Taxes

The Company's consolidated effective income tax rate may change periodically due to changes in enacted tax rates, fluctuations in the mix of income earned from the Company's various domestic and international operations, which are subject to income taxes at different rates, the Company's ability to utilize net operating loss and tax credit carryforwards, and amounts related to uncertain income tax positions. At June 30, 2017, the Company estimates that its effective income tax rate for 2017 will be approximately 37% after considering known discrete items. The provision for income taxes on consolidated income totaled $6.8 million and $6.1 million for the three months ended June 30, 2017 and 2016, respectively.The provision for income taxes on consolidated income totaled $11.6 million and $11.4 million for the six months ended June 30, 2017 and 2016, respectively. The overall effective tax rate increased slightly to 39.4% for the six months ended June 30, 2017 compared with 39.1% for the 2016 period.

14

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

5. Defined Benefit Pension Plans

Net periodic benefit cost related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2017 and 2016 included the following components:

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Service cost	$	328		$	368		$	657		$	658
Interest cost	6,226			8,664			12,396			16,572
Expected return on assets	(8,964		)	(10,938		)	(17,928		)	(20,758		)
Amortization of actuarial loss	3,094			3,541			6,145			6,818
Net periodic benefit cost	$	684		$	1,635		$	1,270		$	3,290

For the six-month period ended June 30, 2017, the Company made contributions of $6,000,000 and $2,658,000 to its U.S. and U.K. defined benefit pension plans, respectively, compared with contributions of $6,000,000 and $3,072,000, respectively, in the comparable 2016 period. The Company is not required to make any additional contributions to its U.S. or U.K. defined benefit pension plans for the remainder of 2017; however, the Company expects to make additional contributions of approximately $3,000,000 and $2,707,000 to its U.S. and U.K. plans, respectively, during the remainder of 2017.

6. Net Income Attributable to Shareholders of Crawford & Company per Common Share

The Company computes earnings per share of its non-voting Class A Common Stock ("CRD-A") and voting Class B Common Stock ("CRD-B") using the two-class method, which allocates the undistributed earnings in each period to each class on a proportionate basis. The Company's Board of Directors has the right, but not the obligation, to declare higher dividends on the CRD-A shares than on the CRD-B shares, subject to certain limitations. In periods when the dividend is the same for CRD-A and CRD-B or when no dividends are declared or paid to either class, the two-class method generally will yield the same earnings per share for CRD-A and CRD-B. During the first two quarters of 2017 and 2016, the Board of Directors declared a higher dividend on CRD-A than on CRD-B.

The computations of basic net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - basic:
Numerator:
Allocation of undistributed earnings	$	3,792	$	2,981	$	2,904	$	2,334	$	6,156	$	4,840	$	5,811	$	4,683
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, basic	$	5,985	$	4,216	$	5,059	$	3,568	$	10,556	$	7,309	$	10,105	$	7,152
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Earnings per share - basic	$	0.19	$	0.17	$	0.16	$	0.14	$	0.34	$	0.30	$	0.33	$	0.29

15

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The computations of diluted net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - diluted:
Numerator:
Allocation of undistributed earnings	$	3,830	$	2,943	$	2,926	$	2,312	$	6,223	$	4,773	$	5,844	$	4,650
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, diluted	$	6,023	$	4,178	$	5,081	$	3,546	$	10,623	$	7,242	$	10,138	$	7,119
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Weighted-average effect of dilutive securities	725		—		528		—		780		—		396		—
Weighted-average common shares outstanding, diluted	32,119		24,678		31,253		24,690		32,181		24,684		31,031		24,690
Earnings per share - diluted	$	0.19	$	0.17	$	0.16	$	0.14	$	0.33	$	0.29	$	0.33	$	0.29

Listed below are the shares excluded from the denominator in the above computation of diluted earnings per share for CRD-A because their inclusion would have been antidilutive:

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
Shares underlying stock options excluded due to the options' respective exercise prices being greater than the average stock price during the period	786	—	673	74
Performance stock grants excluded because performance conditions have not been met (1)	402	1,000	402	1,000

________________________________________________

⁽¹⁾  Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating earnings per share until the performance measurements have been achieved.

The following table details shares issued during the three months and six months ended June 30, 2017 and June 30, 2016. These shares are included from their dates of issuance in the weighted-average common shares used to compute basic and diluted earnings per share for CRD-A in the table above. There were no shares of CRD-B issued during any of these periods.

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
CRD-A issued under Non-Employee Director Stock Plan	10	113	90	119
CRD-A issued under the U.K. ShareSave Scheme	57	134	59	141
CRD-A issued under the Executive Stock Bonus Plan	—	3	107	4
CRD-A issued under the 2016 Omnibus Stock and Incentive Plan	20	—	62	—

16

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The Company's share repurchase authorization, approved in August 2014, provides the Company with the ability to repurchase up to 2,000,000 shares of CRD-A or CRD-B (or both) through July 2017 (the "2014 Repurchase Authorization"). At June 30, 2017, the Company had remaining authorization to repurchase 1,050,492 shares under the 2014 Repurchase Authorization. Under the 2014 Repurchase Authorization, repurchases may be made in open market or privately negotiated transactions at such times and for such prices as management deems appropriate, subject to applicable contractual and regulatory restrictions.

During the three months and six months ended June 30, 2017, the Company repurchased 356,320 shares of CRD-A and 48,488 shares of CRD-B at an average cost of $8.42 and $8.96, respectively. During the three months and six months ended June 30, 2016 the Company did not repurchase any shares of CRD-A or CRD-B.

7. Accumulated Other Comprehensive Loss

Comprehensive income (loss) for the Company consists of the total of net income, foreign currency translation adjustments, and accrued pension and retiree medical liability adjustments. The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's unaudited condensed consolidated financial statements were as follows:

	Three months ended June 30, 2017									Six months ended June 30, 2017
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(31,757	)	$	(176,541	)	$	(208,298	)	$	(33,449	)	$	(178,324	)	$	(211,773	)
Other comprehensive income before reclassifications	523			—			523			2,215			—			2,215
Amounts reclassified from accumulated other comprehensive income	—			1,750			1,750			—			3,533			3,533
Net current period other comprehensive income	523			1,750			2,273			2,215			3,533			5,748
Ending balance	$	(31,234	)	$	(174,791	)	$	(206,025	)	$	(31,234	)	$	(174,791	)	$	(206,025	)

	Three months ended June 30, 2016									Six months ended June 30, 2016
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(26,150	)	$	(196,143	)	$	(222,293	)	$	(24,347	)	$	(198,284	)	$	(222,631	)
Other comprehensive income before reclassifications	6,333			—			6,333			4,530			—			4,530
Amounts reclassified from accumulated other comprehensive income	—			2,141			2,141			—			4,282			4,282
Net current period other comprehensive income	6,333			2,141			8,474			4,530			4,282			8,812
Ending balance	$	(19,817	)	$	(194,002	)	$	(213,819	)	$	(19,817	)	$	(194,002	)	$	(213,819	)

________________________________________________

⁽¹⁾  Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Selling, general, and administrative expenses" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 5, "Defined Benefit Pension Plans" for additional details.

17

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The other comprehensive loss amounts attributable to noncontrolling interests shown in the Company's unaudited Condensed Consolidated Statements of Shareholders' Investment are foreign currency translation adjustments.

8. Fair Value Measurements

The following table presents the Company's assets that are measured at fair value on a recurring basis and that are categorized using the fair value hierarchy:

			Fair Value Measurements at June 30, 2017
					Significant Other		Significant
			Quoted Prices in		Observable		Unobservable
			Active Markets		Inputs		Inputs
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Money market funds (1)	$	10,098	$	10,098	$	—	$	—

________________________________________________

⁽¹⁾  The fair values of the money market funds were based on recently quoted market prices and reported transactions in an active marketplace. Money market funds are included in the Company's unaudited Condensed Consolidated Balance Sheets as "Cash and cash equivalents."

Fair Value Disclosures

There were no transfers of assets between fair value levels during the three months or six months ended June 30, 2017. The categorization of assets and liabilities within the fair value hierarchy and the measurement techniques are reviewed quarterly. Any transfers between levels are deemed to have occurred at the end of the quarter.

The fair values of accounts receivable, unbilled revenues, accounts payable and short-term borrowings approximate their respective carrying values due to the short-term maturities of the instruments. The interest rate on the Company's variable rate long-term debt resets at least every 90 days; therefore, the carrying value approximates fair value.

18

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

9. Segment Information

Financial information for the three months and six months ended June 30, 2017 and 2016 related to the Company's reportable segments, including a reconciliation from segment operating earnings to income before income taxes, the most directly comparable GAAP financial measure, is presented below.

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Revenues:
U.S. Services	$	61,316		$	58,886		$	121,791		$	117,439
International	110,370			122,617			220,235			239,475
Broadspire	77,882			75,099			154,861			151,299
Garden City Group	19,679			25,741			39,627			51,364
Total segment revenues before reimbursements	269,247			282,343			536,514			559,577
Reimbursements	14,725			15,326			26,988			29,000
Total revenues	$	283,972		$	297,669		$	563,502		$	588,577
Segment Operating Earnings (Loss):
U.S. Services	$	11,133		$	9,560		$	16,650		$	18,589
International	10,293			11,125			19,517			18,407
Broadspire	8,899			6,529			15,995			15,234
Garden City Group	(1,653		)	2,558			(2,455		)	3,830
Total segment operating earnings	28,672			29,772			49,707			56,060
Add (Deduct):
Unallocated corporate and shared (costs) and credits, net	487			(5,889		)	(2,255		)	(10,507		)
Net corporate interest expense	(2,114		)	(2,523		)	(4,150		)	(5,291		)
Stock option expense	(457		)	(137		)	(874		)	(227		)
Amortization of customer-relationship intangible assets	(2,721		)	(2,420		)	(5,498		)	(4,879		)
Restructuring and special charges	(6,782		)	(3,526		)	(7,387		)	(5,943		)
Income before income taxes	$	17,085		$	15,277		$	29,543		$	29,213

Intersegment transactions are not material for any period presented.

Operating earnings is the primary financial performance measure used by the Company's senior management and chief operating decision maker ("CODM") to evaluate the financial performance of the Company's four operating segments and make resource allocation and certain compensation decisions. The Company believes this measure is useful to others in that it allows them to evaluate segment operating performance using the same criteria used by the Company's senior management and CODM. Operating earnings will differ from net income computed in accordance with GAAP since operating earnings represent segment earnings before certain unallocated corporate and shared costs and credits, net corporate interest expense, stock option expense, amortization of customer-relationship intangible assets, restructuring and special charges, income taxes, and net income or loss attributable to noncontrolling interests and redeemable noncontrolling interests.

Segment operating earnings includes allocations of certain corporate and shared costs. If the Company changes its allocation methods or changes the types of costs that are allocated to its fouroperating segments, prior period amounts presented in the current period financial statements are adjusted to conform to the current allocation process.

19

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The Company reported in its 2017 first quarter a subsequent event about an anticipated realignment of operating segment manager responsibilities subsequent to March 31, 2017. As a result of the departure of the Company's then Chief Operating Officer in the second quarter, the realignment of operating segment manager responsibilities was adjusted from those originally expected. Responsibilities for certain class action operations within Canada (which have been managed and reported within the International segment) have been transferred to the Garden City Group segment, and responsibilities for certain operations in the Caribbean (which have been managed and reported within the International segment) have been transferred to the U.S. Services segment. Previously reported amounts have been reclassified to reflect these changes. No other changes in operating responsibilities occurred. These transfers are not material to the Company's financial statements. The Company's reportable segments are U.S. Services, International, Broadspire, and Garden City Group.

Revenues before reimbursements by major service line in the U.S. Services segment and the Broadspire segment are shown in the following table. It is not practicable to provide revenues by service line for the International segment. The Company considers all Garden City Group revenues to be derived from one service line.

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
U.S. Services
Claims Field Operations	$	22,268	$	20,193	$	43,369	$	40,706
Technical Services	6,927		7,203		14,133		13,929
Catastrophe Services	8,644		11,423		21,790		25,955
Subtotal U.S. Claims Services	37,839		38,819		79,292		80,590
Contractor Connection	21,250		20,067		38,341		36,849
WeGoLook	2,227		—		4,158		—
Total Revenues before Reimbursements--U.S. Services	$	61,316	$	58,886	$	121,791	$	117,439
Broadspire
Workers' Compensation, Disability and Liability Claims Management	$	33,606	$	31,670	$	66,589	$	63,882
Medical Management Services	40,792		39,923		81,359		80,284
Risk Management Information Services	3,484		3,506		6,913		7,133
Total Revenues before Reimbursements--Broadspire	$	77,882	$	75,099	$	154,861	$	151,299

10. Commitments and Contingencies

As part of the Company's credit facility, the Company maintains a letter of credit facility to satisfy certain of its own contractual requirements. At June 30, 2017, the aggregate committed amount of letters of credit outstanding under the credit facility was $14,470,000.

In the normal course of its business, the Company is sometimes named as a defendant or responsible party in suits or other actions by insureds or claimants contesting decisions made by the Company or its clients with respect to the settlement of claims. Additionally, certain clients of the Company have in the past brought, and may, in the future bring, claims for indemnification on the basis of alleged actions by the Company, its agents, or its employees in rendering services to clients. The majority of these claims are of the type covered by insurance maintained by the Company. However, the Company is responsible for the deductibles and self-insured retentions under various insurance coverages. In the opinion of Company management, adequate provisions have been made for such known and foreseeable risks.

20

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

The Company is subject to numerous federal, state, and foreign labor, employment, worker health and safety, antitrust and competition, environmental and consumer protection, import/export, anti-corruption, and other laws, and from time to time the Company faces claims and investigations by employees, former employees, and governmental entities under such laws. Such claims, investigations, and any litigation involving the Company could divert management's time and attention from the Company's business operations and could potentially result in substantial costs of defense, settlement or other disposition, which could have a material adverse effect on the Company's results of operations, financial position, and cash flows. In the opinion of Company management, adequate provisions have been made for any items that are probable and reasonably estimable.

11. Restructuring and Special Charges

Total restructuring and special charges for the three months and six months ended June 30, 2017 were $6,782,000 and $7,387,000, respectively.

Restructuring Charges

Restructuring charges for the three months and six months ended June 30, 2017 of $6,782,000 and $7,387,000 were incurred for the implementation and phase in of the Company's Global Business Services Center in Manila, Philippines and Global Technology Services Center in Pune, India (the "Centers"), restructuring and integration costs related to reductions of administrative costs and consolidation of management layers in certain operations, and other restructuring charges for asset impairments and lease termination costs.

The following table shows the restructuring charges incurred by type of activity:

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Implementation and phase-in of the Centers	$	66	$	1,973	$	223	$	2,402
Restructuring and integration costs	6,716		716		6,716		1,603
Asset impairments and lease termination costs	—		337		448		1,165
Total restructuring charges	$	6,782	$	3,026	$	7,387	$	5,170

Costs associated with the restructuring and integration activities were primarily in U.S. administrative areas and the International segment and were predominantly for severance costs. Cost associated with the Centers were primarily for professional fees and severance costs.

As ofJune 30, 2017, the following liabilities remained on the Company's unaudited Condensed Consolidated Balance Sheets related to restructuring charges. Therollforward of these costs toJune 30, 2017were as follows:

	Three months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, March 31, 2017	$	2,743			$	595		$	—		$	1,524		$	4,862
Additions	—			—	6,688			94			—			6,782
Adjustments to accruals	(502		)		—			—			(431		)	(933		)
Cash payments	—				(2,087		)	(94		)	(24		)	(2,205		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

	Six months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, December 31, 2016	$	3,066			$	1,525		$	617		$	1,949		$	7,157
Additions	—			—	6,833			94			460			7,387
Adjustments to accruals	(825		)		—			—			(431		)	(1,256		)
Cash payments	—				(3,162		)	(711		)	(909		)	(4,782		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

Special Charges

The Company recorded no special charges for the three months and six months ended June 30, 2017 and $500,000 and $773,000 for the three months and six months ended June 30, 2016, respectively. The special charges for the three months and six months ended June 30, 2016 consisted of legal and professional fees.

22

REVIEW REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Shareholders and Board of Directors of

Crawford & Company

We have reviewed the condensed consolidated balance sheet of Crawford & Company as of June 30, 2017, and the related condensed consolidated statements of operations, comprehensive income, and shareholders' investment for the three-month and six-month periods ended June 30, 2017 and 2016, and the condensed consolidated statements of cash flows for the six-month periods ended June 30, 2017 and 2016. These financial statements are the responsibility of the Company's management.

We conducted our review in accordance with the standards of the Public Company Accounting Oversight Board (United States). A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States), the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should be made to the condensed consolidated financial statements referred to above for them to be in conformity with U.S. generally accepted accounting principles.

We have previously audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheet of Crawford & Company as of December 31, 2016, and the related consolidated statements of operations, comprehensive income (loss), cash flows, and shareholders' investment for the year then ended (not presented herein) and we expressed an unqualified audit opinion on those consolidated financial statements in our report dated February 27, 2017. In our opinion, the accompanying condensed consolidated balance sheet of Crawford & Company as of December 31, 2016, is fairly stated, in all material respects, in relation to the consolidated balance sheet from which it has been derived.

/s/ Ernst & Young LLP

Atlanta, Georgia

August 9, 2017

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Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Cautionary Statement Concerning Forward-Looking Statements

This report contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Statements contained in this report that are not statements of historical fact are forward-looking statements made pursuant to the "safe harbor" provisions thereof. These statements may relate to, among other things, our expected future operating results and financial condition, our ability to grow our revenues and reduce our operating expenses,expectations regarding our anticipated contributions to our underfunded defined benefit pension plans, collectability of our billed and unbilled accounts receivable, financial results from our recently completed acquisitions, our continued compliance with the financial and other covenants contained in our financing agreements, expectations regarding the timing, costs and synergies from our global business and technology services centers and our other long-term capital resource and liquidity requirements. These statements may also relate to our business strategies, goals and expectations concerning our market position, future operations, margins, case and project volumes, profitability, contingencies, liquidity position, and capital resources. The words "anticipate", "believe", "could", "would", "should", "estimate", "expect", "intend", "may", "plan", "goal", "strategy", "predict", "project", "will" and similar terms and phrases, or the negatives thereof, identify forward-looking statements contained in this report.

Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. Our operations and the forward-looking statements related to our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially adversely affect our financial condition and results of operations, and whether the forward-looking statements ultimately prove to be correct. Included among the risks and uncertainties we face are risks related to the following:

• a decline in cases referred to us for any reason, including changes in the degree to which property and casualty insurance carriers outsource their claims handling functions,

• the project-based nature of our Garden City Group segment, including associated fluctuations in revenue,

• changes in global economic conditions,

• changes in interest rates,

• changes in foreign currency exchange rates,

• changes in regulations and practices of various governmental authorities,

• changes in our competitive environment,

• changes in the financial condition of our clients,

• the loss of any material customer,

• our ability to successfully integrate the operations of acquired businesses,

• our ability to achieve projected levels of efficiencies and cost savings from our Global Business Services Center in Manila, Philippines and our Global Technology Services Center in Pune, India (the "Centers"),

• regulatory changes related to funding of defined benefit pension plans,

• our underfunded U.S. and U.K. defined benefit pension plans and our future funding obligations thereunder,

• our ability to complete any transaction involving the acquisition or disposition of assets on terms and at times acceptable to us,

• our ability to identify new revenue sources not tied to the insurance underwriting cycle,

• our ability to develop or acquire information technology resources to support and grow our business,

• our ability to attract and retain qualified personnel,

• our ability to renew existing contracts with clients on satisfactory terms,

• our ability to collect amounts due from our clients and others,

• continued availability of funding under our financing agreements,

• general risks associated with doing business outside the U.S.,including changes in tax rates,

• our ability to comply with the covenants in our financing or other agreements,

• changes in market conditions or legislation (including judicial interpretation thereof) relating to class actions, which may make it more difficult for plaintiffs to bring such actions,

• changes in the frequency or severity of man-made or natural disasters,

• the ability of our third-party service providers, used for certain aspects of our internal business functions, to meet expected service levels,

• our ability to prevent cybersecurity breaches and cyber incidents,

• our ability to achieve targeted integration goals with the consolidation and migration of multiple software platforms,

• risks associated with our having a controlling shareholder, and

• impairments of goodwill or our other indefinite-lived intangible assets.

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As a result, undue reliance should not be placed on any forward-looking statements. Actual results and trends in the future may differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements speak only as of the date they are made and we undertake no obligation to publicly update any of these forward-looking statements in light of new information or future events.

The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") should be read in conjunction with 1) our unaudited condensed consolidated financial statements and accompanying notes thereto for the three months and six months ended June 30, 2017 and 2016 and as of June 30, 2017 and December 31, 2016 contained in Item 1 of this Quarterly Report on Form 10-Q, and 2) our Annual Report on Form 10-K for the year ended December 31, 2016. As described in Note 1, "Basis of Presentation," the financial results of our operations outside of the U.S., Canada, the Caribbean, and certain subsidiaries in the Philippines, are included in our consolidated financial statements on a two-month delayed basis (fiscal year-end of October 31) as permitted by U.S. generally accepted accounting principles ("GAAP") in order to provide sufficient time for accumulation of their results.

Business Overview

Based in Atlanta, Georgia, Crawford & Company (www.crawfordandcompany.com) is the world's largest publicly listed independent provider of claims management solutions to the risk management and insurance industry, as well as to self-insured entities, with an expansive global network serving clients in more than 70 countries. The Crawford Solution^®offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management; workers' compensation claims and medical management; and legal settlement administration.

Shares of the Company's two classes of common stock are traded on the New York Stock Exchange under the symbols CRD-A and CRD-B, respectively. The Company's two classes of stock are substantially identical, except with respect to voting rights and the Company's ability to pay greater cash dividends on the non-voting Class A Common Stock than on the voting Class B Common Stock, subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of Class A Common Stock must receive the same type and amount of consideration as holders of Class B Common Stock, unless different consideration is approved by the holders of 75% of the Class A Common Stock, voting as a class.

As discussed in more detail in subsequent sections of this MD&A, we have four operating segments: U.S. Services; International; Broadspire; and Garden City Group. Our four operating segments represent components of our Company for which separate financial information is available, and which is evaluated regularly by our chief operating decision maker ("CODM") in deciding how to allocate resources and in assessing operating performance. U.S. Services primarily serves the property and casualty insurance company markets in the U.S.International serves the property and casualty insurance company and self-insurance markets outside the U.S. Broadspire serves the self-insurance marketplace, primarily in the U.S. Garden City Groupserves the class action, regulatory, mass tort, bankruptcy, and other legal settlement markets, primarily in the U.S.

Subsequent to March 31, 2017 we realigned operating segment manager responsibilities. As a result of the departure of our then Chief Operating Officer in the second quarter of 2017, the realignment of operating segment manager responsibilities was adjusted from those originally expected. Responsibilities for certain class action operations within Canada (which have been managed and reported within the International segment) have been transferred to the Garden City Group segment and responsibilities for certain operations in the Caribbean (which have been managed and reported within the Europe and Rest of World service line of the International segment) have been transferred to the U.S. Services segment. Previously reported amounts have been reclassified to reflect these changes. No other changes in operating responsibilities occurred. These transfers are not material to our financial statements. Our reportable segments are U.S. Services, International, Broadspire, and Garden City Group.

Insurance companies rely on us for certain services such as field investigation and the evaluation of property and casualty insurance claims. We continue to experience increased utilization by insurance companies of the managed repair network provided by our Contractor Connection division.

Self-insured entities typically rely on us for a broader range of services. In addition to field investigation and claims evaluation, we may also provide initial loss reporting services for their claimants, loss mitigation services such as medical bill review, medical case management and vocational rehabilitation, risk management information services, and trust fund administration to pay their claims.

We also perform legal settlement administration services related to class action settlements, mass tort claims and bankruptcies, including identifying and qualifying class members, determining and dispensing settlement payments, and administering settlement funds.

25

The global claims management services market is highly competitive and comprised of a large number of companies of varying size and that offer a varied scope of services. The demand from insurance companies and self-insured entities for services provided by independent claims service firms like us is largely dependent on industry-wide claims volumes, which are affected by, among other things, the insurance underwriting cycle, weather-related events, general economic activity, overall employment levels, and workplace injury rates. Demand is also impacted by decisions insurance companies and self-insured entities make with respect to the level of claims outsourced to independent claim service firms as opposed to those handled by their own in-house claims adjusters. In addition, our ability to retain clients and maintain or increase case referrals is also dependent in part on our ability to continue to provide high-quality, competitively priced services and effective sales efforts.

We typically earn our revenues on an individual fee-per-claim basis for claims management services we provide to insurance companies and self-insured entities. Accordingly, the volume of claim referrals to us is a key driver of our revenues. Generally, fees are earned on cases as services are provided, which generally occurs in the period the case is assigned to us, although sometimes a portion or substantially all of the revenues generated by a specific case assignment will be earned in subsequent periods. We cannot predict the future trend of case volumes for a number of reasons, including the frequency and severity of weather-related cases and the occurrence of natural and man-made disasters, which are a significant source of cases for us and are not subject to accurate forecasting.

The legal settlement administration market within which our Garden City Group segment operates is also highly competitive but is comprised of a limited number of specialized entities. The demand for legal settlement administration services is generally not directly tied to or affected by the insurance underwriting cycle. The demand for these services is largely dependent on the volume of class action settlements, the volume of bankruptcy filings and the resulting settlements, volume of mass torts and general economic conditions. Our revenues for legal settlement administration services are largely project-based and we earn these revenues as we perform individual tasks and deliver the outputs as outlined in each project.

Results of Operations

Executive Summary

Consolidated revenues before reimbursements decreased $13.1 million or 4.6% for the three months ended June 30, 2017 and $23.1 million or 4.1% for the six months ended June 30, 2017 compared with the same periods of 2016. The decreases in revenues for the second quarter and six-month periods were due to decreases in revenues in our International and Garden City Group segments, partially offset by increases in revenues in our U.S. Services and Broadspire segments. Changes in foreign exchange rates reduced revenues in the International segment by $5.9 million for the three months ended June 30, 2017 and $11.9 million for the six months ended June 30, 2017 as compared to the prior year periods.

Costs of services provided, before reimbursements, decreased $14.0 million or 7% for the three months ended June 30, 2017 and $22.9 million or 5.7% for the six months ended June 30, 2017 compared with the same periods of 2016. These decreases were primarily due to decreases in professional fees and compensation costs in our International and Garden City Group segments and decreases in non-employee labor costs in our International, Broadspire, and Garden City Group segments, partially offset by an increase in costs resulting from the acquisition of WeGoLook.

Selling, general, and administrative ("SG&A") expenses were 6% lower in the quarter and 0.5% lower in the six months ended June 30, 2017 compared with the same periods of 2016. The decrease in expense for the three months ended June 30, 2017 was due to lower professional fees and self-insured expenses. The decrease for the six months ended June 30, 2017 was due to a reduction in professional fees and self-insured expenses, partially offset by an increase in advertising expense in our U.S. Services segment and an increase in stock-based compensation compared with the 2016 period.

Restructuring and Special Charges

During the three months and six months ended June 30, 2017, we recorded $6.8 million and $7.4 million in restructuring and special charges, and for the same periods of 2016 we recorded $3.5 million and $5.9 million, respectively. Restructuring charges were incurred for the implementation and phase in of our Global Business Services Center in Manila, Philippines and Global Technology Services Center in Pune, India (the "Centers"), restructuring and integration costs related to reductions of administrative costs and consolidation of management layers in certain operations, and other restructuring charges for asset impairments and lease termination costs. The 2017 restructuring costs were primarily due to severance costs associated with restructuring activities in U.S. administrative areas and the International segment.

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Included in these totals are restructuring charges for the three months and six months ended June 30, 2017 and 2016 as summarized below:

Restructuring Charges	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Implementation and phase-in of the Centers	$	66	$	1,973	223		$	2,402
Restructuring and integration costs	6,716		716		6,716		1,603
Asset impairments and lease termination costs	—		337		448		1,165
Total restructuring charges	$	6,782	$	3,026	$	7,387	$	5,170

The Company recorded no special charges for the three months and six months ended June 30, 2017 and $500,000 and $773,000 for the comparable 2016 periods.

The Company expects to incur restructuring and special charges in 2017 totaling approximately $13.0 million pretax, after inclusion of $7.4 million in restructuring and special charges recorded for the six months ended June 30, 2017. This is expected to be comprised of $3.0 million related to the Centers and $10.0 million related to other restructuring activities. The Centers provide us a venue for global consolidation of certain business functions, shared services, and currently outsourced processes. The Centers, which are expected to be phased in through 2018, are expected to allow us to continue to strengthen our client service, realize additional operational efficiencies, and invest in new capabilities for growth. No assurances can be provided of our ability to timely or cost-effectively complete and ramp up operations at the Centers, or to achieve expected cost savings on a timely basis or at all.

Operating Earnings of our Operating Segments

We believe that a discussion and analysis of the segment operating earnings of our four operating segments is helpful in understanding the results of our operations. Operating earnings is our segment measure of profitability presented in conformity with the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Topic 280 "Segment Reporting." Operating earnings is the primary financial performance measure used by our senior management and CODM to evaluate the financial performance of our operating segments and make resource allocation and certain compensation decisions.

We believe operating earnings is a measure that is useful to others in that it allows them to evaluate segment operating performance using the same criteria used by our senior management and CODM. Segment operating earnings represent segment earnings, including the direct and indirect costs of certain administrative functions required to operate our business, but excludes unallocated corporate and shared costs and credits, net corporate interest expense, stock option expense, amortization of customer-relationship intangible assets, restructuring and special charges, income taxes, and net income or loss attributable to noncontrolling interests and redeemable noncontrolling interests.

For most of our international operations and for Garden City Group, many administrative functions, such as finance, human resources, information technology, quality and compliance, are embedded in those locations and are considered direct costs of those operations. For our domestic operations (primarily Broadspire and the U.S. Services segments), we have a centralized shared-services arrangement for most of these administrative functions, and we allocate the costs of those services to the segments as indirect costs based on usage. Although some of the administrative services in our shared-services center benefit, and are allocated to the other operating segments, the majority of these shared services are allocated to the Broadspire and U.S. Services segments.

Income taxes, net corporate interest expense, stock option expense, and amortization of customer-relationship intangible assets are recurring components of our net income, but they are not considered part of our segment operating earnings because they are managed on a corporate-wide basis. Income taxes are calculated for the Company on a consolidated basis based on statutory rates in effect in the various jurisdictions in which we provide services, and vary significantly by jurisdiction. Net corporate interest expense results from capital structure decisions made by senior management and the Board of Directors, affecting the Company as a whole. Stock option expense represents the non-cash costs generally related to stock options and employee stock purchase plan expenses which are not allocated to our operating segments. Amortization expense is a non-cash expense for finite-lived customer-relationship and trade name intangible assets acquired in business combinations. None of these costs relate directly to the performance of our services or operating activities and, therefore, are excluded from segment operating earnings in order to better assess the results of each segment's operating activities on a consistent basis.

Unallocated corporate and shared costs and credits include expenses and credits related to our chief executive officer and Board of Directors, certain provisions for bad debt allowances or subsequent recoveries such as those related to bankrupt clients, defined benefit pension costs or credits for our frozen U.S. pension plan, certain unallocated professional fees, and certain self-insurance costs and recoveries that are not allocated to our individual operating segments.

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Restructuring and special charges arise from time to time from events (such as internal restructurings, losses on subleases, establishment of new operations, and asset impairments) that are not allocated to any particular segment since they historically have not regularly impacted our performance and are not expected to impact our future performance on a regular basis.

Additional discussion and analysis of our income taxes, net corporate interest expense, stock option expense, amortization of customer-relationship intangible assets, unallocated corporate and shared costs and credits, and restructuring and special charges follows the discussion and analysis of the results of operations of our four operating segments.

Segment Revenues

In the normal course of business, our operating segments incur certain out-of-pocket expenses that are thereafter reimbursed by our clients. Under GAAP, these out-of-pocket expenses and associated reimbursements are required to be included when reporting revenues and expenses, respectively, in our consolidated results of operations. In the discussion and analysis of results of operations which follows, we do not include a gross up of expenses and revenues for these pass-through reimbursed expenses. The amounts of reimbursed expenses and related revenues offset each other in our results of operations with no impact to our net income or operating earnings. A reconciliation of revenues before reimbursements to consolidated revenues determined in accordance with GAAP is self-evident from the face of the accompanying unaudited Condensed Consolidated Statements of Operations.

Our International segment results are impacted by changes in foreign exchange rates. We believe that a non-GAAP discussion and analysis of segment revenues before reimbursements by major region, based on actual exchange rates and using a constant exchange rate, is helpful in understanding the results of our operations in this segment.

Segment Operating Expenses

Our discussion and analysis of segment operating expenses is comprised of two components: "Direct Compensation, Fringe Benefits & Non-Employee Labor" and "Expenses Other Than Direct Compensation, Fringe Benefits & Non-Employee Labor."

"Direct Compensation, Fringe Benefits & Non-Employee Labor" includes direct compensation, payroll taxes, and benefits provided to the employees of each segment, as well as payments to outsourced service providers that augment our staff in each segment. As a service company, these costs represent our most significant and variable operating expenses. As noted above, in our International and Garden City Group segments, these costs include direct compensation, payroll taxes, and benefits of certain administrative functions that are embedded in those locations and are considered direct operating costs of those locations. In our U.S. Services and Broadspire operations, certain administrative functions are performed by centralized shared-services staff. These costs are considered indirect and are not included in "Direct Compensation, Fringe Benefits & Non-Employee Labor." Accordingly, the "Direct Compensation, Fringe Benefits & Non-Employee Labor" and "Expenses Other Than Direct Compensation, Fringe Benefits & Non-Employee Labor" components are not comparable across segments, but are comparable within each segment across periods.

The allocated indirect costs of our shared-services infrastructure are included in "Expenses Other Than Direct Compensation, Fringe Benefits & Non-Employee Labor." In addition to allocated corporate and shared costs, "Expenses Other Than Direct Compensation, Fringe Benefits & Non-Employee Labor" includes travel and entertainment, office rent and occupancy costs, automobile expenses, office operating expenses, data processing costs, cost of risk, professional fees, and amortization and depreciation expense other than amortization of customer-relationship intangible assets.

Unless noted in the following discussion and analysis, revenue amounts exclude reimbursements for out-of-pocket expenses and expense amounts exclude reimbursed out-of-pocket expenses.

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Operating results for our U.S. Services, International, Broadspire, and Garden City Group segments reconciled to income before income taxes and net income attributable to shareholders of Crawford & Company were as follows:

	Three months ended						Six months ended
(in thousands, except percentages)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Revenues:
U.S. Services	$	61,316		$	58,886		$	121,791		$	117,439
International	110,370			122,617			220,235			239,475
Broadspire	77,882			75,099			154,861			151,299
Garden City Group	19,679			25,741			39,627			51,364
Total revenues, before reimbursements	269,247			282,343			536,514			559,577
Reimbursements	14,725			15,326			26,988			29,000
Total Revenues	$	283,972		$	297,669		$	563,502		$	588,577
Direct Compensation, Fringe Benefits & Non-Employee Labor:
U.S. Services	$	34,173		$	32,529		$	72,301		$	68,005
% of related revenues before reimbursements	55.7		%	55.3		%	59.3		%	57.9		%
International	71,659			77,238			142,577			153,567
% of related revenues before reimbursements	65.0		%	63.0		%	64.7		%	64.1		%
Broadspire	42,830			42,240			86,253			83,862
% of related revenues before reimbursements	55.0		%	56.2		%	55.7		%	55.4		%
Garden City Group	13,763			16,500			27,827			33,820
% of related revenues before reimbursements	69.9		%	64.1		%	70.2		%	65.9		%
Total	$	162,425		$	168,507		$	328,958		$	339,254
% of Revenues before reimbursements	60.3		%	59.7		%	61.3		%	60.6		%
Expenses Other than Direct Compensation, Fringe Benefits & Non-Employee Labor:
U.S. Services	$	16,010		$	16,797		$	32,840		$	30,845
% of related revenues before reimbursements	26.1		%	28.5		%	27.0		%	26.3		%
International	28,418			34,254			58,141			67,501
% of related revenues before reimbursements	25.7		%	27.9		%	26.4		%	28.2		%
Broadspire	26,153			26,330			52,613			52,203
% of related revenues before reimbursements	33.6		%	35.1		%	34.0		%	34.5		%
Garden City Group	7,569			6,683			14,255			13,714
% of related revenues before reimbursements	38.5		%	26.0		%	36.0		%	26.6		%
Total before reimbursements	78,150			84,064			157,849			164,263
% of Revenues before reimbursements	29.0		%	29.8		%	29.4		%	29.4		%
Reimbursements	14,725			15,326			26,988			29,000
Total	$	92,875		$	99,390		$	184,837		$	193,263
% of Revenues	32.7		%	33.4		%	32.8		%	32.8		%
Operating Earnings (Loss):
U.S. Services	$	11,133		$	9,560		$	16,650		$	18,589
% of related revenues before reimbursements	18.2		%	16.2		%	13.7		%	15.8		%
International	10,293			11,125			19,517			18,407
% of related revenues before reimbursements	9.3		%	9.1		%	8.9		%	7.7		%
Broadspire	8,899			6,529			15,995			15,234
% of related revenues before reimbursements	11.4		%	8.7		%	10.3		%	10.1		%
Garden City Group	(1,653		)	2,558			(2,455		)	3,830
% of related revenues before reimbursements	(8.4		)%	9.9		%	(6.2		)%	7.5		%
Add (Deduct):
Unallocated corporate and shared (costs) and credits, net	487			(5,889		)	(2,255		)	(10,507		)
Net corporate interest expense	(2,114		)	(2,523		)	(4,150		)	(5,291		)
Stock option expense	(457		)	(137		)	(874		)	(227		)
Amortization of customer-relationship intangible assets	(2,721		)	(2,420		)	(5,498		)	(4,879		)
Restructuring and special charges	(6,782		)	(3,526		)	(7,387		)	(5,943		)
Income before income taxes	17,085			15,277			29,543			29,213
Provision for income taxes	(6,812		)	(6,116		)	(11,647		)	(11,423		)
Net income	10,273			9,161			17,896			17,790
Net income attributable to noncontrolling interests and redeemable noncontrolling interests	(72		)	(534		)	(31		)	(533		)
Net income attributable to shareholders of Crawford & Company	$	10,201		$	8,627		$	17,865		$	17,257

nm = not meaningful

29

U.S. SERVICES SEGMENT

Operating earnings for our U.S. Services segment were $11.1 million, or 18.2% of revenues before reimbursements, in the second quarter of 2017, compared with $9.6 million, or 16.2% of revenues before reimbursements, in the second quarter of 2016. For the six months ended June 30, 2017, operating earnings decreased to $16.7 million, or 13.7% of revenues before reimbursements, from $18.6 million, or 15.8% of revenues before reimbursements for the 2016 comparable period. The increase in operating earnings in the 2017second quarter compared with 2016 was due to lower professional fees and administrative support costs. The decrease in operating earnings for the 2017six-month period compared with 2016 was due to an increase in advertising expense in the 2017 first quarter to further expand the presence of Contractor Connection in the consumer repair market and the operating losses attributable to WeGoLook.

Revenues before Reimbursements

U.S. Services revenues are primarily generated from the property and casualty insurance markets in the U.S. U.S. Services revenues before reimbursements by major service line for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended						Six months ended
(in thousands, except percentages)	June 30, 2017		June 30, 2016		Variance		June 30, 2017		June 30, 2016		Variance
Claims Field Operations	$	22,268	$	20,193	10.3	%	$	43,369	$	40,706	6.5	%
Technical Services	6,927		7,203		(3.8	)%	14,133		13,929		1.5	%
Catastrophe Services	8,644		11,423		(24.3	)%	21,790		25,955		(16.0	)%
Subtotal U.S. Claims Services	37,839		38,819		(2.5	)%	79,292		80,590		(1.6	)%
Contractor Connection	21,250		20,067		5.9	%	38,341		36,849		4.0	%
WeGoLook	2,227		—		nm		4,158		—		nm
Total U.S. Services Revenues before Reimbursements	$	61,316	$	58,886	4.1	%	$	121,791	$	117,439	3.7	%

nm = not meaningful

Overall, there were increases in revenues in the U.S. Services segment in both the second quarter and six months ended June 30, 2017 compared with the 2016 periods. These increases were primarily due to the acquisition of WeGoLook, representing a 3.8% positive variance in the second quarter and 3.5% for the six-month period. There was an increase in segment unit volume, measured principally by cases received, of 32.1% and 33.0% for the three months and six months ended June 30, 2017, compared with the 2016 periods. Excluding the impact of high-frequency, low-complexity cases received from the WeGoLook acquisition, there were increases in segment unit volume of 3.3% and 4.3% for the three months and six months ended June 30, 2017, respectively, compared with the 2016 periods. Changes in the overall mix of services provided and rates charged for those services increased revenues by approximately 0.3% in the three months but decreased revenues by approximately 0.5% in the six months ended June 30, 2017 compared with the 2016 periods.

There were net decreases in revenues in U.S. Claims Services in both the second quarter and six-month periods due to a decrease in Catastrophe Services, partially offset by an increase in Claims Field Operations due to a change in the mix of services provided. Revenues in our Catastrophe Services service line include revenues from an outsourcing project for a major U.S. insurance carrier, which resulted in $6.6 million and $16.8 million of revenues in the three months and six months ended June 30, 2017, compared with $8.6 million and $20.9 million in the comparable 2016 periods, representing negative variances of 3.3% and 3.6%, respectively. The services provided to this customer are primarily project-based and are covered by the terms of multiple contractual arrangements which expire at various times in the future. In the event we are not able to retain these relationships, or replace any lost revenues from these projects as they reach their respective end dates, segment revenues and operating earnings would be negatively impacted.

Contractor Connection revenues in the second quarter and six months ended June 30, 2017 increased compared with the same periods of 2016 due to increases in cases received in the 2017 periods. These increases were due to the ongoing expansion of our contractor network and the continued trend of insurance carriers moving high-frequency, low-complexity property cases directly to our contractor managed repair networks.

Reimbursed Expenses included in Total Revenues

Reimbursements for out-of-pocket expenses incurred in our U.S. Services segment, which are included in total Company revenues, were $2.0 million and $2.1 million for the three-month periods ended June 30, 2017 and 2016, respectively. Reimbursements were $3.9 million and $4.0 million for the six-month periods ended June 30, 2017 and 2016. Although revenues increased in the 2017 periods, reimbursed expenses remained consistent.

30

Case Volume Analysis

U.S. Services unit volumes by underlying case category, as measured by cases received, for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended				Six months ended
(whole numbers, except percentages )	June 30, 2017	June 30, 2016	Variance		June 30, 2017	June 30, 2016	Variance
Claims Field Operations	38,699	38,996	(0.8	)%	78,914	77,292	2.1	%
Technical Services	2,338	2,277	2.7	%	4,758	4,356	9.2	%
Catastrophe Services	3,018	5,075	(40.5	)%	7,446	10,294	(27.7	)%
Subtotal U.S. Claims Services	44,055	46,348	(4.9	)%	91,118	91,942	(0.9	)%
Contractor Connection	57,663	52,144	10.6	%	111,854	102,667	8.9	%
WeGoLook	28,406	—	nm		55,781	—	nm
Total U.S. Services Cases Received	130,124	98,492	32.1	%	258,753	194,609	33.0	%

nm = not meaningful

Overall, there were increases in cases received of 32.1% and 33.0% for the 2017second quarter and six-month periods, compared to the 2016 periods. These increases were primarily due to the WeGoLook acquisition, which accounted for 28.8% and 28.7% of the increases in U.S. Services cases in the quarter and six-month periods. Absent the WeGoLook acquisition, total cases received increased by 3.3% in the quarter and 4.3% in the six-month period compared to the 2016 periods.

The decrease in U.S. Claims Services cases for the three months ended June 30, 2017 compared with the 2016 period was due to a decrease in weather-related case activity in Claims Field Operations and Catastrophe Services, partially offset by an increase in Technical Services cases. The decrease in the six-month period was due to a decrease in Catastrophe Services cases, partially offset by an increase in Claims Field Operations and Technical Services cases due to an increase in weather-related activity. The increases in Contractor Connection cases were due to the ongoing expansion of our contractor network and the continued trend of insurance carriers moving high-frequency, low-complexity property cases directly to our contractor managed repair networks.

Direct Compensation, Fringe Benefits & Non-Employee Labor

The most significant expense in our U.S. Services segment is the compensation of employees, including related payroll taxes and fringe benefits, and the payments to outsourced service providers that augment the functions performed by our employees. For the quarter ended June 30, 2017, U.S. Services direct compensation, fringe benefits, and non-employee labor expense, as a percentage of segment revenues before reimbursements, was 55.7% compared with 55.3% for the comparable period in 2016. For the six months ended June 30, 2017, U.S. Services direct compensation, fringe benefits, and non-employee labor expense, as a percentage of segment revenues before reimbursements, was 59.3%, compared with 57.9% for the comparable period in 2016. These increases were due an increase in employees and an increase in incentive compensation in the 2017 periods.

The dollar amount of these expenses increased in the 2017 three-month period to $34.2 million from $32.5 million in the comparable 2016 period, and also in the six months ended June 30, 2017 to $72.3 million from $68.0 million in the comparable 2016 period. These increases were due to an increase in employees and an increase in incentive compensation in the 2017 periods. There was an average of 1,492 full-time equivalent employees (including 363 catastrophe adjusters) in this segment during the first six months of 2017, compared with an average of 1,392 employees (including 382 catastrophe adjusters) during the 2016 period. The WeGoLook acquisition resulted in an increase of 104 employees in the 2017 period.

Expenses Other than Reimbursements, Direct Compensation, Fringe Benefits & Non-Employee Labor

U.S. Services segment expenses other than reimbursements, direct compensation, fringe benefits, and non-employee labor were $16.0 million, or 26.1% of segment revenues before reimbursements for the quarter ended June 30, 2017, compared with $16.8 million, or 28.5% of segment revenues before reimbursements, for the comparable 2016 quarter. The decrease in the amount and the expense as a percent of revenues was due to a decrease in professional fees and administrative support costs in the 2017 period. For the six months ended June 30, 2017, these expenses were $32.8 million, or 27.0% of segment revenues before reimbursements, compared with $30.8 million, or 26.3% of segment revenues before reimbursements for the comparable 2016 period. The increase in both the amount and the expense as a percent of revenues for the six months was due to an increase in advertising expense to expand the presence of Contractor Connection in the consumer repair market.

31

INTERNATIONAL SEGMENT

Operating earnings in our International segment decreased to $10.3 million, or 9.3% of revenues before reimbursements, for the three months ended June 30, 2017 compared with 2016second quarter operating earnings of $11.1 million, or 9.1% or revenues before reimbursements. Operating earnings in our International segment increased to $19.5 million, or 8.9% of revenues before reimbursements for the six months ended June 30, 2017, compared with operating earnings of $18.4 million, or 7.7% of revenues before reimbursements, for the six months ended June 30, 2016. The decrease in operating earnings in the 2017 second quarter was due to lower revenues and associated earnings in the U.K., Canada and Asia primarily due to a reduction in weather related case activity, and also the impact of the change in foreign exchange rates. The increase in the six-month period was driven by overall margin improvements in the U.K. and Asia-Pacific, and the impact of Hurricane Matthew.

Revenues before Reimbursements

International segment revenues are primarily derived from the property and casualty insurance company market, with additional revenues from the self-insured markets in the U.K., Canada, Asia-Pacific (which includes Australia and New Zealand, as well as the Middle East and Africa) and Europe and Rest of World (which together consist of continental Europe and Latin America). Revenues before reimbursements by major region, based on actual exchange rates and using a constant exchange rate, for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended
	Based on actual exchange rates						Based on exchange rates for three months ended June 30, 2016
(in thousands, except percentages)	June 30, 2017		June 30, 2016		Variance		June 30, 2017		Variance
U.K.	$	35,573	$	44,498	(20.1	)%	$	40,259	(9.5	)%
Canada	25,335		27,120		(6.6	)%	26,482		(2.4	)%
Asia-Pacific	26,886		27,827		(3.4	)%	26,489		(4.8	)%
Europe and Rest of World	22,576		23,172		(2.6	)%	23,057		(0.5	)%
Total International Revenues before Reimbursements	$	110,370	$	122,617	(10.0	)%	$	116,287	(5.2	)%

	Six months ended
	Based on actual exchange rates						Based on exchange rates for six months ended June 30, 2016
(in thousands, except percentages)	June 30, 2017		June 30, 2016		Variance		June 30, 2017		Variance
U.K.	$	73,292	$	90,974	(19.4	)%	$	84,973	(6.6	)%
Canada	52,174		51,038		2.2	%	52,630		3.1	%
Asia-Pacific	50,243		51,389		(2.2	)%	49,477		(3.7	)%
Europe and Rest of World	44,526		46,074		(3.4	)%	45,027		(2.3	)%
Total International Revenues before Reimbursements	$	220,235	$	239,475	(8.0	)%	$	232,107	(3.1	)%

Revenues before reimbursements from our International segment totaled $110.4 million in the three months ended June 30, 2017 compared with $122.6 million in the 2016 period. Changes in foreign exchange rates resulted in a decrease of our International segment revenues by approximately 4.8%, or $5.9 million for the three months ended June 30, 2017 as compared with the 2016 period. Absent foreign exchange rate fluctuations, International segment revenues would have been $116.3 million for the three months ended June 30, 2017. Overall case volumes increased 3.7% for the three months ended June 30, 2017 compared with the same period of 2016. Changes in product mix and in the rates charged for those services accounted for an 8.9% revenue decrease for the three months ended June 30, 2017 compared with the same period in 2016.

Revenues before reimbursements from our International segment totaled $220.2 million in the first six months of 2017, compared with $239.5 million in the 2016 period. Changes in foreign exchange rates resulted in a decrease of our International segment revenues by approximately 4.9%, or $11.9 million, for the six months ended June 30, 2017 as compared with the 2016 period. Absent foreign exchange rate fluctuations, International segment revenues would have been $232.1 million for the six months ended June 30, 2017. Overall case volumes increased 0.3% for the six months ended June 30, 2017 compared with the same period of 2016. Changes in product mix and in the rates charged for those services accounted for a 3.4% revenue decrease for the six months ended June 30, 2017 compared with the same period in 2016.

32

The decrease in revenues in the U.K. for the three months ended June 30, 2017 compared with the 2016 period was due to a decrease in weather-related case volumes as a result of cases received from flooding in that region in the 2016 first quarter. Revenues in Canada decreased in the second quarter compared with the 2016 period due primarily to a decrease in weather related activity in the current year. There was a revenue decrease in Asia-Pacific also due to a reduction in weather related activity in the current year. The revenue decrease in Europe and Rest of World for the three months ended June 30, 2017 compared with the same period in 2016 was due to a change in the mix of services provided in Scandinavia.

The decrease in revenues in the U.K. for the six months ended June 30, 2017 compared with the 2016 period was due to a decrease in weather-related case volumes as a result of cases received from flooding in that region in 2016. Revenues in Canada increased in the six months ended June 30, 2017 compared with the 2016 period due primarily to an increase in case volumes from existing clients. There was a revenue decrease in Asia-Pacific due to a reduction in high-volume, low-complexity motor cases in China and Singapore where we have exited that product line in those countries. The revenue decrease in Europe and Rest of World for the six months ended June 30, 2017 compared with the same period in 2016 was due to changes in the mix of services provided in Scandinavia, partially offset by increases in Spain and Peru due to an increase in weather related activity in those countries.

Reimbursed Expenses included in Total Revenues

Reimbursements for out-of-pocket expenses incurred in our International segment increased to $8.1 million and $14.5 million for the three months and six months ended June 30, 2017, respectively, from $7.2 million and $13.7 million in the comparable 2016 periods. These increases were the result of an increased use of third parties on cases in Asia in the 2017second quarter.

Case Volume Analysis

International segment unit volumes by region, measured by cases received, for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended				Six months ended
(whole numbers, except percentages)	June 30, 2017	June 30, 2016	Variance		June 30, 2017	June 30, 2016	Variance
U.K.	28,290	32,923	(14.1	)%	58,499	70,028	(16.5	)%
Canada	42,982	40,063	7.3	%	87,454	79,088	10.6	%
Asia-Pacific	24,831	21,733	14.3	%	47,348	48,368	(2.1	)%
Europe and Rest of World	70,812	66,187	7.0	%	145,569	140,444	3.6	%
Total International Cases Received	166,915	160,906	3.7	%	338,870	337,928	0.3	%

Overall case volumes were 3.7% higher in the three months ended June 30, 2017 compared with the same period in 2016. The U.K. case volumes were lower in the second quarter2017 due to flooding-related cases received in 2016. The increase in Canada was due to an increase in high-frequency, low-complexity vehicle appraisals in the 2017 period. The increase in Asia-Pacific cases in the second quarter was due to an increase in cases received in Australia at the end of the quarter for which minimal revenue was recognized in the quarter. The increase in cases in Europe and Rest of World was due to an increase in high-frequency, low-complexity cases in Germany and increases in Spain and Peru due to increases in weather related activity.

Overall case volumes were 0.3% higher in the six months ended June 30, 2017 compared with the same period in 2016. The U.K. case volumes were lower in the 2017 period due to flooding-related cases received in the 2016 first quarter. The increase in Canada was due to an increase in high-frequency, low-complexity vehicle appraisals in the 2017 period. The decrease in Asia-Pacific cases was due to a decline in high-frequency, low-complexity motor cases in Singapore and China where we have exited that product line in these countries, partially offset by the second quarter increase in Australia. The increase in cases in Europe and Rest of World was due to an increase in high-frequency, low-complexity cases in Germany and increases in Spain and Peru due to increases in weather related activity in those countries.

33

Direct Compensation, Fringe Benefits & Non-Employee Labor

The most significant expense in our International segment is the compensation of employees, including related payroll taxes and fringe benefits, and the payments to outsourced service providers that augment the functions performed by our employees. As a percentage of revenues before reimbursements, direct compensation, fringe benefits, and non-employee labor expenses were 65.0% for the three months ended June 30, 2017 compared with 63.0% for the comparable period in 2016, and were 64.7% for the six months ended June 30, 2017 compared with 64.1% for the comparable period in 2016. These increases in expenses as a percent of revenues were due to lower staff utilization in the 2017 periods. The dollar amount of these expenses decreased to $71.7 million for the three months ended June 30, 2017 from $77.2 million for the comparable 2016 period. The dollar amount of these expenses also decreased to $142.6 million for the six months ended June 30, 2017 from $153.6 million for the comparable 2016 period. These decreases were due to the impact of cost reduction initiatives implemented in 2016 and the impact of foreign exchange rates. There was an average of 4,187 full-time equivalent employees in this segment in the six months ended June 30, 2017 compared with an average of 4,298 in the 2016 period.

Expenses Other than Reimbursements, Direct Compensation, Fringe Benefits & Non-Employee Labor

Expenses other than reimbursements, direct compensation, fringe benefits, and non-employee labor were were 25.7% of International segment revenues before reimbursements for the three months ended June 30, 2017 compared with 27.9% for the comparable period in 2016, and were 26.4% of International segment revenues before reimbursements for the six months ended June 30, 2017 compared with 28.2% for the comparable period in 2016. The amount of these expenses decreased to $28.4 million for the three months ended June 30, 2017, compared with $34.3 million in the comparable 2016 period, and to $58.1 million for the six months ended June 30, 2017, compared with $67.5 million in the comparable 2016 period. The decrease in amounts was due to changes in foreign exchange rates and the impact of cost reduction initiatives. The decrease in expenses as a percent of revenues was primarily due to the impact of cost reduction initiatives implemented in 2016.

BROADSPIRE SEGMENT

Our Broadspire segment reported operating earnings of $8.9 million, or 11.4% of revenues before reimbursements, for the second quarter of 2017, compared with $6.5 million, or 8.7% of revenues before reimbursements, for the second quarter of 2016. For the six months ended June 30, 2017, Broadspire operating earnings were $16.0 million, or 10.3% of revenues before reimbursements, compared with $15.2 million, or 10.1% of revenues before reimbursements, for the comparable 2016 period. Operating earnings increased due primarily to an increase in revenues, operational efficiency gains, and a reduction in administrative support cost in the 2017 periods.

Revenues before Reimbursements

Broadspire segment revenues are primarily derived from medical management services, such as medical bill review, medical case management and vocational rehabilitation for workers' compensation; workers' compensation, disability, and liability claims management; and risk management information services provided to the U.S. self-insured marketplace. Broadspire revenues before reimbursements by major service line for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended						Six months ended
(in thousands, except percentages)	June 30, 2017		June 30, 2016		Variance		June 30, 2017		June 30, 2016		Variance
Medical Management Services	$	40,792	$	39,923	2.2	%	$	81,359	$	80,284	1.3	%
Workers' Compensation, Disability and Liability Claims Management	33,606		31,670		6.1	%	66,589		63,882		4.2	%
Risk Management Information Services	3,484		3,506		(0.6	)%	6,913		7,133		(3.1	)%
Total Broadspire Revenues before Reimbursements	$	77,882	$	75,099	3.7	%	$	154,861	$	151,299	2.4	%

The overall increase in revenues for the three-month and six-month periods ended June 30, 2017 compared with the same periods in 2016 was primarily due to an increase in Medical Management and Disability cases in 2017 resulting from new clients and higher average case values in the 2017 periods.

34

Revenues were positively impacted by unit volumes, measured principally by cases received, which increased revenues by 4.4% in the three months and six months ended June 30, 2017 compared with the same periods in 2016. This increase was partially offset by changes in the mix of services provided and in the rates charged for those services, which decreased revenues by approximately 0.7% from the 2016 second quarter to the 2017second quarter, and 2.0% for the six months ended June 30, 2017 compared with the same period in 2016.

Reimbursed Expenses included in Total Revenues

Reimbursements for out-of-pocket expenses incurred in our Broadspire segment were $1.0 million and $2.1 million for the three months and six months ended June 30, 2017 compared with $1.1 million and $2.2 million in the comparable 2016 periods.

Case Volume Analysis

Broadspire unit volumes by major underlying case category, as measured by cases received, for the three months and six months ended June 30, 2017 and 2016 were as follows:

	Three months ended				Six months ended
(whole numbers, except percentages)	June 30, 2017	June 30, 2016	Variance		June 30, 2017	June 30, 2016	Variance
Workers' Compensation	44,116	45,530	(3.1	)%	87,070	89,903	(3.2	)%
Casualty	30,861	37,732	(18.2	)%	64,595	74,112	(12.8	)%
Medical Management, Disability and Other	38,654	25,621	50.9	%	75,265	53,431	40.9	%
Total Broadspire Cases Received	113,631	108,883	4.4	%	226,930	217,446	4.4	%

Overall case volumes were 4.4% higher in the three months ended June 30, 2017 compared with the same period in 2016. This was primarily due to an increase in Medical Management and Disability cases resulting from new clients, partially offset by declines in Workers' Compensation and Casualty cases from existing clients. There was a 4.4% increase in case volumes for the six months ended June 30, 2017 compared with the same period in 2016. This was primarily due to an increase in Medical Management and Disability cases, partially offset by a decrease in Workers' Compensation and Casualty cases from existing clients. The reduction in Casualty cases was due to a decrease in high-frequency, low-complexity affinity claims.

Direct Compensation, Fringe Benefits & Non-Employee Labor

The most significant expense in our Broadspire segment is the compensation of employees, including related payroll taxes and fringe benefits, and the payments to outsourced service providers that augment the functions performed by our employees. For the three months ended June 30, direct compensation, fringe benefits, and non-employee labor, as a percent of the related revenues before reimbursements, decreased from 56.2% in 2016 to 55.0% in 2017. The amount of these expenses increased from $42.2 million for the three months ended June 30, 2016 to $42.8 million for the 2017 comparable period. The decrease in the percent of revenues was due to improved employee utilization, and increase in the amount was due to an increase in employees in 2017.

For the six months ended June 30, direct compensation, fringe benefits, and non-employee labor, as a percent of the related revenues before reimbursements, increased slightly from 55.4% in 2016 to 55.7% in 2017. The amount of these expenses increased from $83.9 million for the six months ended June 30, 2016 to $86.3 million for the 2017 comparable period. The increase in both the amount and the percent of revenues was due to an increase in employees.

Average full-time equivalent employees in this segment totaled 2,040 in the first six months of 2017, up from 1,989 in the comparable 2016 period. The increase in employees was due to conversion of outsourced contractors to full time employees in the Global Business Services Center and the increase in work supporting the increased revenues.

Expenses Other than Reimbursements, Direct Compensation, Fringe Benefits & Non-Employee Labor

Broadspire segment expenses other than reimbursements, direct compensation, fringe benefits, and non-employee labor as a percent of revenues before reimbursements were 33.6% and 34.0% for the three months and six months ended June 30, 2017, compared with 35.1% and 34.5% in the comparable 2016 periods, respectively. The decrease in expenses as a percentage of revenues in the 2017 periods was due to operational efficiency gains and reductions in administrative support costs in the 2017second quarter. The amount of these expenses were $26.3 million in the three months ended June 30, 2016 and $26.2 million for the 2017 comparable period. The amount of these expenses increased slightly from $52.2 million in the six months ended June 30, 2016 to $52.6 million for the 2017 comparable period.

35

GARDEN CITY GROUP SEGMENT

Our Garden City Group segment reported an operating loss of $(1.7) million and $(2.5) million for the three months and six months ended June 30, 2017, respectively, compared with operating earnings of $2.6 million and $3.8 million in the comparable 2016 periods, respectively. The related segment operating margin decreased from 9.9% for the quarter ended June 30, 2016 to (8.4)% in the comparable 2017 period, and from 7.5% for the six months ended June 30, 2016 to (6.2)% in the comparable 2017 period. Operating earnings decreased for the three months and six months ended June 30, 2017 compared to the 2016 periods primarily due to the continued winding down of the Deepwater Horizon class action settlement project and a reduction in employee utilization.

Revenues before Reimbursements

Garden City Group revenues are primarily derived from legal settlement administration services related to class action settlements, mass tort, and bankruptcies, primarily in the U.S. Garden City Group revenues before reimbursements decreased 23.5% to $19.7 million in the second quarter of 2017, compared with $25.7 million for the same period in 2016. For the six-month period ended June 30, 2017, Garden City Group revenues before reimbursements decreased 22.9% to $39.6 million, compared with $51.4 million for the same period in 2016.

Garden City Group revenues in the three months and six months ended June 30, 2017 declined compared with the same prior year period primarily because of lower revenues from the Deepwater Horizon class action settlement project and a lower volume of case administration work on projects in the 2017 periods. We expect activity on this special project to continue through the remainder of 2017, although at further reduced rates as compared with 2016. Garden City Group revenues are project-based and can fluctuate significantly primarily due to the timing of projects awarded.

At June 30, 2017 we had a backlog of projects awarded totaling approximately $75.5 million, compared with $94.1 million at June 30, 2016. Of the $75.5 million backlog at June 30, 2017, an estimated $38.2 million is expected to be recognized as revenues over the remainder of 2017.

Reimbursed Expenses included in Total Revenues

Reimbursements for out-of-pocket expenses incurred in our Garden City Group segment can vary materially from period to period depending on the amount and types of projects and were $3.7 million in the 2017second quarter compared with $4.9 million in the comparable period in 2016. For the six-month period ended June 30, 2017, Garden City Group reimbursements decreased to $6.5 million compared with $9.0 million for the comparable period in 2016. The decreases were due to a lower volume of case administration work on specific projects in the 2017 periods.

Transaction Volume

Garden City Group services are generally project based and not denominated by individual claims. Depending upon the nature of projects and their respective stages of completion, the volume of transactions or tasks performed by us in any period can vary, sometimes significantly.

Direct Compensation, Fringe Benefits & Non-Employee Labor

Garden City Group direct compensation, fringe benefits, and non-employee labor expenses as a percent of revenues before reimbursements were 69.9% in the 2017second quarter compared with 64.1% in the 2016second quarter. The dollar amount of these expenses was $13.8 million for the 2017second quarter and $16.5 million for the comparable 2016 period. For the six-months ended June 30, these expenses as a percent of revenues before reimbursements were 70.2% for 2017 compared with 65.9% for 2016. The dollar amount of these expenses was $27.8 million for the 2017 six-month period compared to $33.8 million for the comparable 2016 period. The declines in dollar values were primarily due to the winding down of the Deepwater Horizon special project. The reductions in direct compensation, fringe benefits, and non-employee labor expense were due to excess capacity resulting from a decrease in employee utilization in the 2017 periods. There was an average of 485 full-time equivalent employees in the 2017six-month period, compared with an average of 529 in the 2016 period, decreasing as a result of decreased activity from the special project referenced above.

Expenses Other than Reimbursements, Direct Compensation, Fringe Benefits & Non-Employee Labor

Garden City Group expenses other than reimbursements, direct compensation, fringe benefits, and non-employee labor as a percent of related revenues before reimbursements were 38.5% and 36.0% for the three months and six months ended June 30, 2017, respectively, compared with 26.0% and 26.6% for the comparable 2016 periods, respectively. The dollar amount of these expenses increased to $7.6 million in the 2017second quarter as compared with $6.7 million in the 2016second quarter, and to $14.3 million in the first six months of 2017 compared with $13.7 million in the comparable 2016 period. The increase in both the dollar amounts and the percent of revenues was due to an increase in professional fees and other administrative costs in 2017 compared to the 2016 periods.

36

EXPENSES AND CREDITS EXCLUDED FROM SEGMENT OPERATING EARNINGS

Income Taxes

Our consolidated effective income tax rate for financial reporting purposes changes periodically due to fluctuations in the mix of income earned from our various domestic and international operations which are subject to income taxes at varied rates, our ability to utilize net operating loss and tax credit carryforwards, changes in uncertain income tax positions, and changes in enacted tax rates. At June 30, 2017, we estimate that our effective income tax rate for 2017 will be approximately 37% after considering known discrete items. The provision for income taxes on consolidated income totaled $6.8 million and $6.1 million for the three months ended June 30, 2017 and 2016, respectively. The provision for income taxes on consolidated income totaled $11.6 million and $11.4 million for the six months ended June 30, 2017 and 2016, respectively. The overall effective tax rate increased slightly to 39.4% for the six months ended June 30, 2017 compared with 39.1% for the 2016 period.

Net Corporate Interest Expense

Net corporate interest expense consists of interest expense that we incur on our short- and long-term borrowings, partially offset by any interest income we earn on available cash balances and short-term investments. These amounts vary based on interest rates, borrowings outstanding and the amounts of invested cash. Corporate interest expense totaled $2.3 million and $2.7 million for the three months ended June 30, 2017 and 2016, respectively. Interest income totaled $224,000 and $151,000 for the three months ended June 30, 2017 and 2016, respectively. Corporate interest expense totaled $4.6 million and $5.5 million for the six months ended June 30, 2017 and 2016, respectively. Interest income totaled $407,000 and $221,000 for the six months ended June 30, 2017 and 2016, respectively. The decrease in interest expense in 2017 compared with the 2016 period was due to the exchange rate impact on the U.K borrowings and lower average borrowing rates.

Stock Option Expense

Stock option expense, a component of stock-based compensation, is comprised of non-cash expenses related to stock options granted under our various stock option and employee stock purchase plans. Stock option expense is not allocated to our operating segments. Stock option expense of $457,000 was recognized during the three months ended June 30, 2017, compared with $137,000 for the comparable period in 2016. Stock option expense of $874,000 was recognized during the six months ended June 30, 2017, compared with $227,000 for the comparable period in 2016. The increase in the 2017 periods was due to a higher proportion of options having been granted in 2017 as a component of our Long Term Incentive Plans.

Amortization of Customer-Relationship Intangible Assets

Amortization of customer-relationship intangible assets represents the non-cash amortization expense for finite-lived customer-relationship and trade name intangible assets. Amortization expense associated with these intangible assets totaled $2.7 million for the three months ended June 30, 2017 and $2.4 million for the three months ended June 30, 2016, and $5.5 million for the six months ended June 30, 2017 and $4.9 million for the six months ended June 30, 2016. The increase in the 2017 periods over 2016 were due to the acquisition of WeGoLook discussed in Note 2, "Business Acquisition." This amortization expense is included in "Selling, general, and administrative expenses" in our unaudited Condensed Consolidated Statements of Operations.

Unallocated Corporate and Shared Costs and Credits, Net

Certain unallocated corporate and shared costs and credits are excluded from the determination of segment operating earnings. For the three months and six months ended June 30, 2017 and 2016, unallocated corporate and shared costs and credits represented costs of our frozen U.S. defined benefit pension plan, expenses for our chief executive officer and our Board of Directors, certain adjustments to our self-insured liabilities, certain unallocated legal costs and professional fees, costs of our cross currency swap in 2016, and certain adjustments and recoveries to our allowances for doubtful accounts receivable.

Unallocated corporate and shared costs and (credits), net were $(0.5) million and $5.9 million for the three months ended June 30, 2017 and 2016, respectively. The decrease for the three months ended June 30, 2017 was due to a decrease in defined benefit pension expense and self-insured expenses. Unallocated corporate and shared costs and credits, net were $2.3 million and $10.5 million for the six months ended June 30, 2017 and 2016. The decrease for the six months ended June 30, 2017 was due to a reduction in defined benefit pension expense, self-insured expenses, and unallocated professional fees.

37

Restructuring and Special Charges

Total restructuring and special charges for the three months and six months ended June 30, 2017 were $6.8 million and $7.4 million, respectively. There were $3.5 million and $5.9 million of restructuring and special charges during the three months and six months ended June 30, 2016., respectively. See "Restructuring and Special Charges" in the "Results of Operations" section of this Item 2 where these charges are discussed.

LIQUIDITY, CAPITAL RESOURCES, AND FINANCIAL CONDITION

At June 30, 2017, our working capital balance (current assets less current liabilities) was approximately $150.3 million, an increase of $15.9 million from the working capital balance at December 31, 2016. Our cash and cash equivalents were $60.0 million at June 30, 2017, compared with $81.6 million at December 31, 2016.

Cash and cash equivalents as of June 30, 2017 consisted of $16.1 million held in the U.S. and $43.9 million held in our foreign subsidiaries. All of the cash and cash equivalents held by our foreign subsidiaries is available for general corporate purposes. The Company generally does not provide for additional U.S. and foreign income taxes on undistributed earnings of foreign subsidiaries because they are considered to be indefinitely reinvested. The Company's current expectation is that such earnings will be reinvested by the subsidiaries or will be repatriated only when it would be tax effective or otherwise strategically beneficial to the Company such as if a very unusual event or project generated profits significantly in excess of ongoing business reinvestment needs. If such an event were to occur, we would analyze the potential tax impact and our anticipated investment needs in that region and provide for U.S. taxes for earnings that are not expected to be indefinitely reinvested. Other historical earnings and future foreign earnings necessary for business reinvestment are expected to remain indefinitely reinvested and will be used to provide working capital for these operations, fund defined benefit pension plan obligations, repay non-U.S. debt, fund capital improvements, and fund future acquisitions. We currently believe that funds expected to be generated from our U.S. operations, along with potential borrowing capabilities in the U.S., will be sufficient to fund our U.S. operations and other obligations, including our funding obligations under our U.S. defined benefit pension plan, for the foreseeable future and, therefore, except in limited circumstances such as those described above, do not foresee a need to repatriate cash held by our foreign subsidiaries in a taxable transaction to fund our U.S. operations. However, if at a future date or time these funds are necessary for our operations in the U.S. or we otherwise believe it is in our best interests to repatriate all or a portion of such funds, we may be required to accrue and pay U.S. taxes to repatriate these funds. No assurances can be provided as to the amount or timing thereof, the tax consequences related thereto, or the ultimate impact any such action may have on our results of operations or financial condition.

Cash Used In Operating Activities

Cash used in operating activities was $16.4 million for the six months ended June 30, 2017, compared with $11.5 million of cash provided for the comparable period of 2016. The increase in cash used in operating activities was primarily due to a decrease in accrued compensation and related costs due to the timing of compensation payments, and increased accounts receivable.

Cash Used in Investing Activities

Cash used in investing activities, primarily for acquisitions of businesses, property and equipment, and capitalized software, was $51.9 million for the six months ended June 30, 2017 compared with $17.1 million in the first six months of 2016. This increase was due to the acquisition of WeGoLook as discussed in Note 2, "Business Acquisition."

Cash Provided by/Used in Financing Activities

Cash provided by financing activities was $45.3 million for the six months ended June 30, 2017 compared with $11.0 million used in financing activities for the 2016 period. We paid $6.9 million and $6.8 million in dividends in the six-month periods ended June 30, 2017 and 2016, respectively. During the first six months of 2017, we increased our short-term borrowings and book overdraft, net, by $56.4 million, compared with a decrease during the first six months of 2016 of $1.4 million. The increase in the 2017 period was primarily due to borrowings to fund the WeGoLook acquisition and increased working capital requirements.

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Other Matters Concerning Liquidity and Capital Resources

As a component of our credit facility, we maintain a letter of credit facility to satisfy certain contractual obligations. Including $14.5 million of undrawn letters of credit issued under the letter of credit facility, the available balance under our credit facility totaled $143.5 million at June 30, 2017. Our short-term debt obligations typically peak during the first half of each year due to the annual payment of incentive compensation, contributions to retirement plans, working capital fluctuations, and certain other recurring payments, and generally decline during the balance of the year. The balance of short-term borrowings represents amounts under our credit facility that we expect, but are not required, to repay in the next twelve months. Long- and short-term borrowings outstanding, including current installments and capital leases, totaled $247.1 million as of June 30, 2017 compared with $188.0 million at December 31, 2016.

Defined Benefit Pension Funding and Cost

We sponsor a qualified defined benefit pension plan in the U.S. (the "U.S. Qualified Plan"), three defined benefit plans in the U.K., and defined benefit pension plans in the Netherlands, Norway, Germany, and the Philippines. Effective December 31, 2002, we froze our U.S. Qualified Plan. Our frozen U.S. Qualified Plan and U.K. plans were underfunded by $103.5 million and overfunded by $21.6 million, respectively, at December 31, 2016 based on accumulated benefit obligations of $479.2 million and $243.7 million for the U.S. Qualified Plan and the U.K. plans, respectively.

For the six-month period ended June 30, 2017, the Company made contributions of $6.0 million and $2.7 million to its U.S. and U.K. defined benefit pension plans, respectively, compared with contributions of $6.0 million and $3.1 million, respectively, in the comparable period of 2016. The Company is not required to make any additional contributions to its U.S. or U.K. defined benefit pension plans for the remainder of 2017; however, the Company expects to make additional contributions of approximately $3.0 million and $2.7 million to its U.S. and U.K. plans, respectively, during the remainder of 2017.

Dividend Payments

Our Board of Directors makes dividend decisions from time to time based in part on an assessment of current and projected earnings and cash flows. During the six months ended June 30, 2017, we paid $6.9 million in dividends. Our ability to pay future dividends could be impacted by many factors including the funding requirements of our defined benefit pension plans, repayments of outstanding borrowings, levels of cash expected to be generated by our operating activities, and covenants and other restrictions contained any credit facilities or other financing agreements. The covenants in our existing credit facility limit dividend payments to shareholders.

Financial Condition

Other significant changes on our unaudited Condensed Consolidated Balance Sheet as of June 30, 2017 compared with our Condensed Consolidated Balance Sheet as of December 31, 2016 were as follows:

• Accounts receivable increased $14.5 million, or $12.2 million excluding foreign currency exchange impacts and other adjustments. This increase was largely due to increased receivables in Garden City Group when compared with December 31, 2016 balances.

• Unbilled revenues increased $13.2 million, or $10.9 million excluding foreign currency exchange impacts. This increase was primarily due to increased unbilled revenues in the International and Broadspire segments when compared with December 31, 2016 balances.

At June 30, 2017, we were not a party to any off-balance sheet arrangements, other than operating leases, which we believe could materially impact our operations, financial condition, or cash flows.

As disclosed in our Annual Report on Form 10-K for the year ended December 31, 2016, we have certain material obligations under operating lease agreements to which we are a party. In accordance with GAAP, these operating lease obligations and the related leased assets are not reported on our consolidated balance sheet.

We also maintain funds in various trust accounts to administer claims for certain clients. These funds are not available for our general operating activities and, as such, have not been recorded in the accompanying unaudited Condensed Consolidated Balance Sheets. We have concluded that we do not have a material off-balance sheet risk related to these funds.

APPLICATION OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES

There have been no material changes to our critical accounting policies and estimates from those disclosed in our Annual Report on Form 10-K for the year ended December 31, 2016.

39

New Accounting Standards Adopted

Additional information related to adoption of accounting standards is provided in Note 3 to the accompanying unaudited condensed consolidated financial statements contained in this Quarterly Report on Form 10-Q.

Pending Adoption of New Accounting Standards

Additional information related to pending adoption of recently issued accounting standards is provided in Note 3 to the accompanying unaudited condensed consolidated financial statements contained in this Quarterly Report on Form 10-Q.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

For a discussion of quantitative and qualitative disclosures about the Company's market risk, see Item 7A, "Quantitative and Qualitative Disclosures About Market Risk," of our Annual Report on Form 10-K for the year ended December 31, 2016. Our exposures to market risk have not changed materially since December 31, 2016.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. Management necessarily applies its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management's control objectives. The Company's management, including the Chief Executive Officer and the Chief Financial Officer, does not expect that our disclosure controls and procedures can prevent all possible errors or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that misstatements due to error or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have been detected. There are inherent limitations in all control systems, including the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple errors or mistakes. Additionally, controls can be circumvented by the individual acts of one or more persons. The design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and, while our disclosure controls and procedures are designed to be effective under circumstances where they should reasonably be expected to operate effectively, there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Because of the inherent limitations in any control system, misstatements due to possible errors or fraud may occur and not be detected.

As of the end of the period covered by this report, we performed an evaluation, under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operations of our disclosure controls and procedures pursuant to Exchange Act Rules 13a-15(b) and 15d-15(b). Based upon the foregoing, the Chief Executive Officer along with the Chief Financial Officer concluded that, as of the end of the period covered by this report, our disclosure controls and procedures were effective at providing reasonable assurance that all information relating to the Company (including its consolidated subsidiaries) required to be disclosed in our Exchange Act reports is recorded, processed, summarized, and reported in a timely manner.

Changes in Internal Control over Financial Reporting

We have identified no material changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

40

PART II — OTHER INFORMATION

Item 1A. Risk Factors

In addition to the other information set forth in this report, the factors discussed in Part I, "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2016 could materially affect our business, financial condition, or results of operations. The risks described in this report and in our Annual Report on Form 10-K are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition, or results of operations.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The Company's share repurchase authorization, approved in August 2014, provided the Company with the ability to repurchase up to 2,000,000 shares of CRD-A or CRD-B (or both) through July 2017 (the "2014 Repurchase Authorization"). Under the 2014 Repurchase Authorization, repurchases could be made in open market or privately negotiated transactions at such times and for such prices as management deems appropriate, subject to applicable contractual and regulatory restrictions.

Effective July 29, 2017, the Company was authorized to repurchase up to 2,000,000 shares of CRD-A or CRD-B (or both) through July 2020 (the "2017 Repurchase Authorization"). Under the 2017 Repurchase Authorization, repurchases may be made for cash, in the open market or privately negotiated transactions at such times and for such prices as management deems appropriate, subject to applicable contractual and regulatory restrictions. The 2014 Repurchase Authorization was terminated as of close of business July 28, 2017.

The table below sets forth the repurchases of CRD-A and CRD-B by the Company during each month in the quarter ended June 30, 2017. As of June 30, 2017, the Company's authorization to repurchase shares of its common stock was limited to 1,050,492 shares. This authorization was reset to 2,000,000 shares on July 29, 2017.

Period	Total Number of Shares Purchased	Average Price Paid Per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares That May be Purchased Under the Plans or Programs
Balance as of March 31, 2017					1,455,300
April 1, 2017 - April 30, 2017
CRD-A	75,000	$	8.39	75,000
CRD-B	—	$	—	—
Totals as of April 30, 2017					1,380,300
May 1, 2017 - May 31, 2017
CRD-A	206,320	$	8.65	206,320
CRD-B	23,945	$	8.91	23,945
Totals as of May 31, 2017					1,173,980
June 1, 2017 - June 30, 2017
CRD-A	75,000	$	7.82	75,000
CRD-B	24,543	$	9.00	24,543
Totals as of June 30, 2017	404,808			404,808	1,050,492

Item 6. Exhibits

See Index to Exhibits on page 43.

41

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		Crawford & Company (Registrant)
Date:	August 9, 2017	/s/ Harsha V. Agadi
		Harsha V. Agadi
		President and Chief Executive Officer (Principal Executive Officer)
Date:	August 9, 2017	/s/ W. Bruce Swain
		W. Bruce Swain
		Executive Vice President and Chief Financial Officer (Principal Financial Officer)

42

INDEX TO EXHIBITS

Exhibit
No.	Description
3.1	Restated Articles of Incorporation of the Registrant (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2007)
3.2	Restated By-laws of the Registrant, as amended (incorporated by reference to Exhibit 3.1 of the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 22, 2008)
10.1	Settlement Agreement and Further Waiver of Claims effective May 4, 2017, by and between Crawford & Company EMEA/AP Management Limited and Ian V. Muress (incorporated by reference to Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 10, 2017)
10.2	Employment Agreement between Rohit Verma and Crawford & Company, dated June 22, 2017
15	Letter of Ernst & Young LLP
31.1	Certification of principal executive officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of principal executive officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification of principal financial officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101	XBRL Documents

43

EX-10.2

Exhibit 10.2

CRAWFORD & COMPANY

EXECUTIVE EMPLOYMENT AGREEMENT

This Agreement is made between Rohit Verma (“Employee”) and Crawford & Company (“Crawford” or “the Company”). In consideration of the mutual promises and covenants contained in this Agreement and for other good and valuable consideration including, but not limited to, the employment of Employee by Crawford, the wages offered and to be paid to Employee by Crawford during Employee’s employment, the training the Employee will receive from the Company regarding compliance and the methods and operations of the Company at considerable expense to the Company, and access to and knowledge of the Company’s confidential information and trade secrets the Employee will receive, the parties hereto agree as follows:

Article 1Title and Duties.

1.1    Employee will be employed as the Chief Operating Officer. In this capacity Employee will be based in Atlanta, Georgia, and will report to Crawford’s President and Chief Executive Officer.

1.2    Employee’s Grade Level will be E19, and Employee will be expected to perform such duties and responsibilities customary to this position and as are reasonably necessary to the operations of the Company.

1.3    Employee’s title, Grade Level, duties and reporting relationship can be changed from time to time at the discretion of the Company.

Article 2Definitions.

2.1     “Company,” as used above and throughout this Agreement, means Crawford & Company, along with its subsidiaries, parents, affiliated entities, and includes the successors and assigns of Crawford or any such related entities.

2.2    “Business of Crawford” means claims management, adjusting, administrative services and other services provided by Crawford from time to time.

2.3    “Confidential Information” means information about the Company and its Employees and/or customers which is not generally known outside of the Company, which Employee learns of in connection with Employee’s employment with the Company, and which would be useful to competitors of the Company. Confidential Information includes, but is not limited to: (1) business and employment policies, marketing methods and the targets of those methods, financial records, business plans, strategies and ideas, promotional materials, education and training materials, research and development, technology and software systems, price lists, and recruiting strategies; (2) the nature, origin, composition and development of the Company’s products and. services; (3) proprietary information and processes, and intellectual property; and (4) customer information and the manner in which the Company provides products and services to its customers.

Page 1 of 10

Employee initials /s/

Exhibit 10.2

2.4    “Trade Secrets” means Confidential Information which meets the additional requirements of the federal Defend Trade Secrets Act, the Uniform Trade Secrets Act or similar state law.

2.5    “Restricted Territory” means the United States, United Kingdom, Canada, and Australia and each other country in which the Company operates as of the last day of Employee’s employment with the Company.

Article 3Compensation.

3.1    Base Salary.Employee’s annual base salary will be $550,000.00 less all applicable deductions and withholdings (“Base Salary”), payable bi-weekly in accordance with the Company’s standard payroll practices. Employee’s Base Salary will be reviewed annually, and any increases will be effective as of the date determined by Crawford’s executive management team. Because Employee’s position is exempt from overtime pay, Employee’s Base Salary will compensate Employee for all hours worked.

3.2     Bonus. Employee is eligible to participate in the Crawford Short Term Incentive Plan (“STIP”). Employee’s current STIP Target Bonus is 65% of Employee’s Base Salary, with a maximum STIP bonus of 130% of Employee’s Base Salary. Any STIP bonus will be payable in accordance with the STIP terms, and will be subject to applicable withholding taxes. The Company may amend, modify or discontinue the STIP at any time.

3.3    Long Term Incentive Plan. Subject to Board of Directors’ (“Board”) approval, Employee is eligible to participate in the Crawford Long Term Incentive Plan (“LTIP”). LTIP awards are granted pursuant to the terms of the LTIP by Crawford’s Board of Directors. Employee will not be eligible for a LTIP award in connection with the 2017 fiscal year of the Company and accepts the Special Grant (defined below) in lieu of such award, but Employee will become eligible for a LTIP award beginning in 2018, consistent with the terms of this Agreement. To the extent earned, awards are paid as soon as reasonably possible after the Board certifies the previous year’s results. The current plan provides for a mix of shares that vest over time, shares that are tied to cumulative EPS performance and stock options (30%/50%/20%). The Company may amend, modify or discontinue the LTIP at any time.

3.4    Stock and Incentive Plan. Employee is eligible to participate in the Crawford & Company 2016 Omnibus Stock and Incentive Plan, as it may change from time to time. The Company may amend, modify or discontinue the Crawford & Company 2016 Omnibus Stock and Incentive Plan at any time.

3.5    Special Stock Award:Subject to approval of the Compensation Committee of the Board, you will be granted an award of 75,000 shares of Restricted Stock, payable in shares of Crawford Class A Common Stock (“Special Grant”), with three-year vesting where one-third of the shares vest annually on the anniversary of the date of grant, subject to the terms and conditions of the Crawford & Company 2016 Omnibus Stock

and Incentive Plan; provided that if the Compensation Committee of the Board does not

Page 2 of 10

Employee initials /s/

Exhibit 10.2

approve the Special Grant prior to September 1, 2017, Employee shall be entitled to an amount of cash equal to 75,000 multiplied by the closing price of Crawford Class A Common Stock on the date of this Agreement. In the event Employee’s employment with the Company should be terminated (i) as a result of a “change-in-control” of the Company or (ii) without cause, both as solely defined by the Chief Executive Officer, any of the shares granted pursuant to the Special Grant that had not previously vested shall vest on the date of such change in control or termination.

3.6    Reimbursed Expenses: The Company will reimburse the Employee for all reasonable out of pocket expenses (including hotel and travel expenses), wholly, necessarily and exclusively incurred by the Employee in the discharge of Employee’s duties, subject to the production of appropriate receipts or such other evidence as the Company may reasonably require as proof of such expenses and in accordance with the Company’s rules and policies relating to expenses as may be in force from time to time.

Article 4Employee Benefits.

4.1    Group Benefit Plans.Employee will be eligible to participate in the employee benefit plans and programs maintained by the Company and offered to executive level employees from time to time, to the extent Employee otherwise qualifies under the provisions of any such plans which are incorporated herein by reference. The Company reserves the right to amend, modify or discontinue its benefit offerings as it deems appropriate. The Company’s current vacation policy provides Employee with four weeks paid vacation per calendar year.

Article 5Employee Rights and Obligations.

5.1    At-Will Employment. Employee’s employment with the Company is for no specified period of time. Employee’s employment relationship will remain at-will and either Employee or the Company may terminate the relationship at any time, for any reason.

5.2     Severance. If, after you have been employed with the Company for a period of at least six(6) months, your employment with the Company should be terminated (i) in the event of a “change-in-control” of the Company or (ii) without cause, both as solelydefined by the Chief Executive Officer, the Company agrees that you will be paid severance compensation, in equal amounts over a period of twelve (12) months in accordance with.the Company’s normal payroll practices, an amount equal to twelve (12) months of Employee’sthen current monthly base salary plus a pro-rated amount of any bonus that would have been earned under the Company’s short-term incentive plan (based on executive’s last day of employment and all applicable performance) provided all applicable performance conditions are met. In addition, if Employee elects to continue Employee’s health insurance pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Company shall pay (or reimburse to Employee) the “employer share” of the COBRA premiums at the same level as was contributed by the Company during Employee’s employment.

Page 3 of 10

Employee initials /s/

Exhibit 10.2

Employee’s receipt of any such severance payment or COBRA premium is subject to execution by Employee and Crawford of an agreement achieving mutually acceptable terms on matters such as:

(a) return of all Crawford property, documents, or instruments;

(b) no admission of liability on the part of Crawford;

(c) general release of any and all claims;

(d) non-disclosure;

(e) non-solicitation of employees and customers;

(f) non-competition;

(g) cooperation, and

5.3    Application of Employment Policies. Except as specifically provided to the contrary in this Agreement, Employee will be subject to and required to comply with all provisions of the Company’s Employee Handbook and any other Company policies that may be in effect from time to time during Employee’s employment. The Company reserves the right to change any and all of its policies, including its benefit and compensation plans.

5.4    Electronic Devices. All technology provided by the Company, including computer and/or communications equipment, systems, networks, company-related work records and other electronically stored information, is the property of the Company and not of Employee. In general, use of the company’s technology systems and electronic communications should be job-related and not for personal convenience.

5.5    Electronic Communications. E-mail and other electronic communications transmitted by the Company’s equipment, systems and networks are the property of the Company should not be considered by the Employee to be private or confidential, even if the communication is password protected or encrypted. The Company reserves the right to examine, monitor and regulate e-mail and other electronic communications, directories, files and all other content, including Internet use, transmitted by or stored in its technology systems, whether onsite or offsite.

5.6    Confidentiality. Employee agrees that during employment with the Company and for a period of two (2) years following the cessation of that employment for any reason, Employee shall not directly or indirectly divulge or make use of any Confidential Information (so long as the information remains confidential) without prior written consent of the Company. This paragraph does not limit the remedies available under common or statutory law, which may impose longer duties of non-disclosure. This Agreement shall not be deemed to prohibit (a) conduct expressly protected by the Defend Trade Secrets Act of 2016, as discussed in Section 5.8 below, (b) Employee’s ability to communicate with the Securities and Exchange Commission, the Equal Employment

Page 4 of 10

Employee initials /s/

Exhibit 10.2

Opportunity Commission, or other governmental agency, or (c) other conduct expressly protected by applicable law.

5.7    Non-Disclosure of Trade Secrets. Employee agrees that during employment with the Company and indefinitely following the cessation of that employment for any reason, Employee shall not directly or indirectly divulge or make use of any Trade Secrets (so long as the information remains a Trade Secret under applicable law) without prior written consent of the Company.Employee is hereby advised of the following protections provided by the Defend Trade Secrets Act of 2016, 18 U.S. Code § 1833(b), and nothing in this Agreement shall be deemed to prohibit the conduct expressly protected by 18 U.S.Code § 1833(b):

(1) An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that-(A) is made-(i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.

(2) An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual-(A) files any document containing the trade secret under seal; and (B) does not disclose the trade secret, except pursuant to court order.

5.8    Non-Disclosure of Personal Information. Employee acknowledges that, during the course of employment, Employee may obtain information regarding individuals as a result of services provided to Crawford customers such as (i) claim and personal health information; (ii) social security number; (iii) date of birth; and (iv) salary information (“Personal Information”). Employee agrees to safeguard such Personal Information as prescribed by applicable laws and regulations, such as the privacy regulations under the Health Insurance Portability and Accountability Act of 1996, and similar laws applicable to other jurisdictions in which Crawford operates. Without limiting the foregoing, Employee agrees:

(a)    Not to acquire, use nor distribute such Personal Information without the express consent of the subject of such Personal Information, or if state or federal law will allow such acquisition and disclosure of Personal Information without consent.

(b)    To acquire, use and/or distribute Personal Information solely for the purposes of carrying out the daily functions of Employee’s job.

(c)    To disclose Personal Information only to authorized third parties. These agenciesmay include, but are not necessarily limited to, independent review agents, claims adjusters, benefits administrators, attorneys and employers.

Page 5 of 10

Employee initials /s/

Exhibit 10.2

(d)    To limit access to computerized Personal Information solely to staff, authorized users and administrative personnel and will abide by all security measures designed to assure that unauthorized personnel are not afforded access to Personal Information.

5.9     Duty of Loyalty. Employee shall render to the very best of Employee’s ability services to and on behalf of the Company, and shall undertake diligently all duties assigned by the Company. Employee shall devote his full time, energy and skill to the performance of the services in which the Company is engaged, at such time and place as the Company may direct.

5.10    Restricted Business Practices. It is the policy of the Company not to receive or use any information or materials from any employee that are proprietary to said employee’s former employer. Employee is expressly prohibited from having any such materials, or materials containing such information, on the Company’s property. Employee expressly warrants that Employee has no materials or information which can be construed as the property of a former employer, and further, that Employee will make no use of any such materials or information in the performance of Employee’s duties on behalf of the Company.

5.11    Disclosure of Existing Agreements. Employee further warrants and represents that, prior to accepting this Employment Agreement, Employee has disclosed, or will disclose to the Company prior to entering into this Agreement, the full terms of any contract or agreement with any other employer that might restrict in any way Employee’s performance of his/her duties for the Company, including, but not limited to any non-solicitation, non-recruitment, non-compete and similar post-employment restrictions imposed upon Employee by an agreement between Employee and any other employer.

5.12    Subsequent Employment.Employee agrees that, following the termination of Employee’s employment with the Company for any reason, Employee will notify any subsequent employer of the restrictive covenants contained in this Agreement. In addition, the Employee authorizes the Company to provide a copy of the restrictive covenants contained in this Agreement to third parties, including but not limited to, the Employee’s subsequent, anticipated or possible future employer.

5.13     Return of Property and Information. Employee agrees to return all the Company’s property as soon as is practicable following the cessation of Employee’s employment for any reason. Such property includes, but is not limited to, the original and any copy (regardless of the manner in which it is recorded) of all information provided by the Company to employee or which employee has developed or collected in the scope of Employee’s employment, as well as all Company-issued equipment, supplies, accessories, vehicles, keys, badges, passes, access cards, instruments, tools, devices, computers, cellphones, pagers, materials, documents, plans, records, notebooks, drawings, or papers.

5.14    Non-Competition Covenant. Employee acknowledges that if he/she were to compete with the Company in the Business of Crawford, Employee could cause serious

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Employee initials /s/

Exhibit 10.2

harm to the Company. Employee further acknowledges that during his/her employment, Employee will be provided access to Trade Secrets and to other valuable Confidential Information that may not qualify as Trade Secrets. In addition, Employee acknowledges that, during the course of employment, he/she will build and maintain substantial relationships with specific existing and prospective customers or clients and will be responsible to maintain and build customer or client goodwill associated with the Business of Crawford throughout the United States and other countries in which Crawford operates. Further, Employee acknowledges that he/she will derive significant value from the Company and from the Confidential Information and Trade Secrets of the Company provided during employment with the Company, which will enable Employee to optimize the performance of the Company’s performance and Employee’s own personal, professional, and financial performance. Therefore, during Employee’s employment with the Company and for a period of twelve (12) months following the cessation of the Employee’s employment with the Company for any reason, the Employee agrees that he/she shall not, directly or indirectly, provides services as an executive, manager, consultant adviser, or in any other role similar to the role Employee held with Crawford, to any business entity engaged in the Business of Crawford within the Restricted Territory; provided that Employee shall not be restricted fromengaging in the business of an insurance carrier whose revenue exceeds $100 million so long as such carrier's claims management and adjusting activities do not account for more than 10% of such company’s revenue. Employee agrees that the restrictions in this Section are reasonable in scope and do not constitute a restraint of trade with respect to Employee’s ability to obtain alternative employment in the event Employee’s employment with the Company ends for any reason.

5.15    Non-Solicitation Covenant. Employee agrees that during employment with the company and for a period of twelve (12) months following the cessation of employment, Employee will not directly or indirectly solicit or attempt to solicit any business in competition with the Business of Crawford from any of the customers of the Company with whom Employee had direct contact during the last two years of Employee’s employment with the Company. This provision does not extend to the customers who became customers of the Company at the time of and as a direct consequence of Employee’s commencement of employment with the Company.

5.16    Non-Recruitment of Employees. While employed by the Company, and for a period of eighteen (18) months following the cessation of employment by Employee, Employee will not directly or indirectly solicit or attempt to solicit any employee of the Company for the purpose of encouraging, enticing, or causing said employee to terminate employment with the Company.

5.17    Non-Disparagement. Employee shall not, at any time during the term of employment and thereafter, make statements or representations, or otherwise communicate, directly or indirectly, in writing, orally, or otherwise, or take any action which may directly or indirectly disparage or be damaging to the Company or its respective officers, directors, employees, advisors, businesses or reputations. Nothing herein shall prohibit or restrict Employee from communicating with, or responding to any inquiry from, cooperating with, or providing testimony before, the SEC, or any other federal or state regulatory authority.

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Employee initials /s/

Exhibit 10.2

5.18    Post-termination Cooperation. Employee agrees that, following termination of Employee’s employment with the Company, Employee will cooperate with the Company in connection with any dispute, claim or investigation made by, against or involving the Company that relates to Employee’s period of employment. The Company agrees to reimburse Employee for any reasonable expenses incurred in providing the cooperation. The Company further agrees that, if Employee is required to devote one hour or more to fulfill the obligations set forth in this paragraph at a time when Employee is no longer being compensated by the Company in any way, it will compensate the Employee at an hourly rate based on Employee’s base salary on the during the last pay period of Employee’s active employment by the Company.

5.19    Exit Obligations. Upon (a) voluntary or involuntary termination of the Employee’s employment or (b) the Company’s request at any time during the Employee’s employment, the Employee shall (i)provide or return to the Company any and all Company property and all Company documents and materials belonging to the Company and stored in any fashion, including but not limited to those that constitute or contain any Confidential Information or Trade Secrets, that are in the possession or control of the Employee, whether they were provided to the Employee by the Company or any of its business associates or created by the Employee in connection with his/her employment by the Company; and (ii) delete or destroy all copies of any such documents and materials not returned to the Company that remain in the Employee’s possession or control, including those stored on any non-Company devices, networks, storage locations and media in the Employee’s possession or control.

5.20    Remedies.The parties agree that this Agreement is reasonable and necessary for the protection of the business and goodwill of Crawford and that any breach of this Agreement by Employee will cause Crawford substantial and irreparable harm entitling Crawford to injunctive relief and other equitable and legal remedies. Except as provided in the Arbitration of Disputes provisions of this Agreement, the prevailing party shall be entitled to recover its costs and attorney’s fees in any proceeding brought under this Agreement. The existence of any claim or cause of action by Employee against the Company, including any dispute relating to the termination of this Agreement, shall not constitute a defense to enforcement of said covenants by injunction.

Article 6Arbitration of Disputes.

6.1    Scope, Governing Rules. Except for claims for injunctive relief, which may be filed in any court of competent jurisdiction, any controversy or claim arising out of or relatingto Employee’s employment, or the termination thereof, or to this Agreement, or the breach thereof, specifically including the validity of this arbitration clause, shall be determined by final and binding arbitration administered by the American Arbitration Association (“AAA”) under its Employment Arbitration Rules and Mediation Procedures. There shall be one arbitrator agreed to by the parties within twenty (20) days of receipt by the respondent of a request for arbitration or in default thereof appointed by the AAA in accordance with applicable rules. The Employer shall be responsible for the cost of the arbitration, including the Arbitrator’s fees and all administrative costs. The Employee and the Company will each be responsible for their own legal fees.

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Employee initials /s/

Exhibit 10.2

6.2    Authority of Arbitrator; Judicial Review. The arbitrators will have no authority to award punitive, consequential, liquidated or compensatory damages, and the award rendered by the arbitrator shall be final, non-reviewable, non-appealable and binding on the parties and may be entered and enforced in any court having jurisdiction.

6.3    Location of Arbitration. The seat or place of arbitration shall be Metropolitan Atlanta, Georgia.

6.4    Confidentiality. Except as may be required by law, neither a party nor the arbitrator may disclose the existence, content or results of any arbitration without the prior written consent of both parties, unless to protect or pursue a legal right.

Article 7Miscellaneous.

7.1    Construction of Agreement; Severability. The covenants contained herein shall be presumed to be enforceable, and any reading causing unenforceability shall yield to a construction permitting enforcement. If any single covenant or clause shall be found unenforceable, it shall be severed and the remaining covenants and clauses enforced in accordance with the tenor of the Agreement. In the event a court should determine not to enforce a covenant as written due to overbreadth, the parties specifically agree that said covenant shall be enforced to the extent reasonable, whether said revisions are in time, territory, or scope of prohibited activities. This Agreement represents the entire understanding between Employee and the Company on the matters addressed herein and supersedes any such prior agreements and may not be modified, changed or altered by any promise or statement by the Company until such modification has been approved in writing and signed by both parties. The waiver by the Company of a breach of any provision of this Agreement by any employee shall not be construed as a waiver of rights with respect to any subsequent breach by Employee.

7.2    Section 409A. This Agreement is intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”) or an exemption thereunder and shall be construed and administered in accordance with Section 409A. Notwithstandingany other provision of this Agreement, payments provided under this Agreement may only be made upon an event and in a manner that complies with Section 409A or an applicable exemption. Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible. For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate payment. Any payments to be made under this Agreement upon a termination of employment shall only be made upon a “separation from service” under Section 409A. Notwithstanding the foregoing, the Company makes no representations that the payments and benefits provided under this Agreement comply with Section 409A and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the Employee on account of non-compliance with Section 409A.

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Employee initials /s/

Exhibit 10.2

7.3     Enforceability; Governing Law. This Agreement, and all claims arising out of or related to this Agreement, will be governed by, enforced under and construed in accordance with the laws of the State of Georgia without regard to any conflicts or conflict of laws principles. The failure of either party at any time to require performance by another party of any provision of this Agreement will not constitute a waiver of that party’s right to require future performance.

7.4    Entire Agreement. The provisions contained herein, and all provisions in documents attached hereto and/or incorporated herein by reference, constitute the entire agreement between the parties with respect to Employee’s employment and supersede any and all prior agreements, understandings and communications between the parties, oral or written, with respect to Employee’s employment.

7.5    Modification. No modification of this Agreement shall be valid unless in writing and signed by Employee and the Company’s Chief Executive Officer.

Article 8Acknowledgment. By signing this Agreement, Employee acknowledges that (a) Employee is not guaranteed employment for any definite duration and either Employee or the Company may terminate Employee’s employment relationship with the Company at any time, for any reason, (b) Employee has carefully read and understands the provisions of this Agreement and Employee was given the opportunity to consult with an attorney of Employee’s choosing prior to executing this Agreement, and (c) except as set forth herein, no promises or inducements for this Agreement have been made, and Employee is entering into the Agreement without reliance upon any statement or representation by the Company or its agents concerning any material fact.

Executed, this 22^ndday of June 2017 at Atlanta, Georgia.

EMPLOYEE    CRAWFORD & COMPANY

/s/ R. Verma/s/ H. V. Agadi

Rohit VermaBy: Harsha V. Agadi

Its: President & Chief Executive Officer

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Employee initials /s/

EX-15

Exhibit 15

The Shareholders and Board of Directors of

Crawford & Company

We are aware of the incorporation by reference in the Registration Statements (File Nos. 333-02051, 333-24425, 333-24427, 333-43740, 333-87465, 333-125557, 333-140310, 333-142569, 333-157896, 333-161278, 333-161279, 333-161280, 333-170344, 333-190373, 333-199915 and 333-213010) of Crawford & Company of our report dated August 9, 2017 relating to the unaudited condensed consolidated interim financial statements of Crawford & Company that are included in its Form 10-Q for the quarter ended June 30, 2017.

/s/ Ernst & Young LLP

Atlanta, Georgia

August 9, 2017

EX-31.1

Exhibit 31.1

SECTION 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

I, Harsha V. Agadi, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Crawford & Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)), for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	August 9, 2017	/s/ Harsha V. Agadi
		Harsha V. Agadi
		President and Chief Executive Officer (Principal Executive Officer)

EX-31.2

Exhibit 31.2

SECTION 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

I, W. Bruce Swain, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Crawford & Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)), for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	August 9, 2017	/s/ W. Bruce Swain
		W. Bruce Swain
		Executive Vice President and Chief Financial Officer (Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In connection with the Quarterly Report of Crawford & Company (the "Company") on Form 10-Q for the period ended June 30, 2017 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Harsha V. Agadi, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 780(d)); and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:	August 9, 2017	/s/ Harsha V. Agadi
		Harsha V. Agadi
		President and Chief Executive Officer
		(Principal Executive Officer)

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In connection with the Quarterly Report of Crawford & Company (the "Company") on Form 10-Q for the period ended June 30, 2017 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, W. Bruce Swain, Executive Vice President and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 780(d)); and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:	August 9, 2017	/s/ W. Bruce Swain
		W. Bruce Swain
		Executive Vice President and Chief Financial Officer
		(Principal Financial Officer)

XML

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document Information
Entity Registrant Name	CRAWFORD & CO
Entity Central Index Key	0000025475
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Class A Non-Voting
Document Information
Entity Common Stock, Shares Outstanding		31,294,849
Class B Voting
Document Information
Entity Common Stock, Shares Outstanding		24,573,394

XML

Condensed Consolidated Statements of Operations Unaudited - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Revenues before reimbursements	$ 269,247	$ 282,343	$ 536,514	$ 559,577
Reimbursements	14,725	15,326	26,988	29,000
Total revenues	283,972	297,669	563,502	588,577
Costs and Expenses:
Costs of services provided, before reimbursements	186,327	200,362	378,881	401,795
Reimbursements	14,725	15,326	26,988	29,000
Total costs of services	201,052	215,688	405,869	430,795
Selling, general, and administrative expenses	57,327	61,060	117,319	117,857
Corporate interest expense, net of interest income of $224 and $151, for the three months ended June 30, 2017 and 2016, respectively, and $407 and $221 for the six months ended June 30, 2017 and 2016, respectivly	2,114	2,523	4,150	5,291
Restructuring and special charges	6,782	3,526	7,387	5,943
Total Costs and Expenses	267,275	282,797	534,725	559,886
Other Income	388	405	766	522
Income before income taxes	17,085	15,277	29,543	29,213
Provision for Income Taxes	6,812	6,116	11,647	11,423
Net Income	10,273	9,161	17,896	17,790
Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests	(72)	(534)	(31)	(533)
Net Income Attributable to Shareholders of Crawford & Company	$ 10,201	$ 8,627	$ 17,865	$ 17,257
Class A Non-Voting
Earnings Per Share - Basic:
Earnings per share - basic (usd per share)	$ 0.19	$ 0.16	$ 0.34	$ 0.33
Earnings Per Share - Diluted:
Earnings per share - diluted (usd per share)	$ 0.19	$ 0.16	$ 0.33	$ 0.33
Weighted-Average Shares Used to Compute Basic Earnings Per Share:
Weighted-average common shares outstanding, basic	31,394	30,725	31,401	30,635
Weighted-Average Shares Used to Compute Diluted Earnings Per Share:
Weighted-average common shares outstanding, diluted	32,119	31,253	32,181	31,031
Cash Dividends Per Share:
Cash dividends per share (usd per share)	$ 0.07	$ 0.07	$ 0.14	$ 0.14
Class B Voting
Earnings Per Share - Basic:
Earnings per share - basic (usd per share)	0.17	0.14	0.30	0.29
Earnings Per Share - Diluted:
Earnings per share - diluted (usd per share)	$ 0.17	$ 0.14	$ 0.29	$ 0.29
Weighted-Average Shares Used to Compute Basic Earnings Per Share:
Weighted-average common shares outstanding, basic	24,678	24,690	24,684	24,690
Weighted-Average Shares Used to Compute Diluted Earnings Per Share:
Weighted-average common shares outstanding, diluted	24,678	24,690	24,684	24,690
Cash Dividends Per Share:
Cash dividends per share (usd per share)	$ 0.05	$ 0.05	$ 0.1	$ 0.10

XML

Condensed Consolidated Statements of Operations Unaudited (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Interest income	$ 224	$ 151	$ 407	$ 221

XML

Condensed Consolidated Statements of Comprehensive Income Unaudited - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 10,273	$ 9,161	$ 17,896	$ 17,790
Other Comprehensive Income:
Net foreign currency translation income, net of tax of $0 and $0, respectively	653	5,864	1,531	3,447
Amortization of actuarial losses for retirement plans included in net periodic pension cost, net of tax of $990 and $1,107 for the three months ended June 30, 2017 and 2016, respectively, and $1,979 and $2,213 for the six months ended June 30, 2017 and 2016, respectively	1,750	2,141	3,533	4,282
Other Comprehensive Income	2,403	8,005	5,064	7,729
Comprehensive Income	12,676	17,166	22,960	25,519
Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests	(202)	(65)	653	550
Comprehensive Income Attributable to Shareholders of Crawford & Company	$ 12,474	$ 17,101	$ 23,613	$ 26,069

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Condensed Consolidated Statements of Comprehensive Income Unaudited (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
OCI, Tax on foreign currency translation gains (losses)	$ 0	$ 0	$ 0	$ 0
OCI, Tax on amortization of actuarial losses on retirement plans included in net periodic pension cost	$ 990	$ 1,107	$ 1,979	$ 2,213

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Condensed Consolidated Balance Sheets Unaudited - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	[1]
Current Assets:
Cash and cash equivalents	$ 59,962	$ 81,569
Accounts receivable, less allowance for doubtful accounts of $15,798 and $14,499 respectively	168,047	153,566
Unbilled revenues, at estimated billable amounts	114,969	101,809
Income taxes receivable	3,781	3,781
Prepaid expenses and other current assets	25,025	24,006
Total Current Assets	371,784	364,731
Net Property and Equipment	28,329	29,605
Other Assets:
Goodwill	116,488	91,750
Intangible assets arising from business acquisitions, net	101,942	86,931
Capitalized software costs, net	84,779	80,960
Deferred income tax assets	28,764	30,379
Other noncurrent assets	58,188	51,503
Total Other Assets	390,161	341,523
TOTAL ASSETS	790,274	735,859
Current Liabilities:
Short-term borrowings	5,383	30
Accounts payable	50,520	51,991
Accrued compensation and related costs	56,604	74,466
Self-insured risks	13,705	14,771
Income taxes payable	6,831	3,527
Deferred rent	11,283	12,142
Other accrued liabilities	38,434	34,922
Deferred revenues	38,187	37,456
Current installments of long-term debt and capital leases	543	982
Total Current Liabilities	221,490	230,287
Noncurrent Liabilities:
Long-term debt and capital leases, less current installments	241,199	187,002
Deferred revenues	24,668	25,884
Accrued pension liabilities	95,782	105,175
Other noncurrent liabilities	23,769	28,247
Total Noncurrent Liabilities	385,418	346,308
Redeemable Noncontrolling Interests	7,362	0
Shareholders' Investment:
Additional paid-in capital	51,514	48,108
Retained earnings	270,221	261,562
Accumulated other comprehensive loss	(206,025)	(211,773)
Shareholders' Investment Attributable to Shareholders of Crawford & Company	171,610	153,883
Noncontrolling interests	4,394	5,381
Total Shareholders' Investment	176,004	159,264
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT	790,274	735,859
Class A Non-Voting
Shareholders' Investment:
Common stock outstanding, value	31,258	31,296
Class B Voting
Shareholders' Investment:
Common stock outstanding, value	$ 24,642	$ 24,690

[1] Derived from the audited Consolidated Balance Sheet

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Condensed Consolidated Balance Sheets Unaudited (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	[1]
Current Assets:
Allowance for doubtful accounts	$ 15,798	$ 14,499
Class A Non-Voting
Shareholders' Investment:
Par or stated value per share (usd per share)	$ 1	$ 1
Shares authorized (shares)	50,000,000	50,000,000
Shares issued (shares)	31,258,000	31,296,000
Shares outstanding (shares)	31,258,000	31,296,000
Class B Voting
Shareholders' Investment:
Par or stated value per share (usd per share)	$ 1	$ 1
Shares authorized (shares)	50,000,000	50,000,000
Shares issued (shares)	24,642,000	24,690,000
Shares outstanding (shares)	24,642,000	24,690,000

[1] Derived from the audited Consolidated Balance Sheet.

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Condensed Consolidated Statements of Cash Flows Unaudited - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017		Jun. 30, 2016
Cash Flows From Operating Activities:
Net income	$ 17,896		$ 17,790
Reconciliation of net income to net cash (used in) provided by operating activities:
Depreciation and amortization	20,358		20,558
Stock-based compensation	3,405		1,957
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable, net	(12,192)		(7,437)
Unbilled revenues, net	(10,899)		(13,306)
Accrued or prepaid income taxes	4,078		3,224
Accounts payable and accrued liabilities	(24,626)		1,949
Deferred revenues	(658)		(4,084)
Accrued retirement costs	(10,409)		(5,247)
Prepaid expenses and other operating activities	(3,312)		(3,945)
Net cash (used in) provided by operating activities	(16,359)		11,459
Cash Flows From Investing Activities:
Acquisitions of property and equipment	(3,767)		(4,588)
Proceeds from disposals of property and equipment	316		0
Capitalization of computer software costs	(12,155)		(8,749)
Payments for business acquisitions, net of cash acquired	(36,029)		(3,672)
Other investing activities	(257)		(95)
Net cash used in investing activities	(51,892)		(17,104)
Cash Flows From Financing Activities:
Cash dividends paid	(6,869)		(6,762)
Payments related to shares received for withholding taxes under stock-based compensation plans	(435)		(4)
Proceeds from shares purchased under employee stock-based compensation plans	297		449
Decrease in note payable for stock repurchase	0		(2,206)
Repurchases of common stock	(3,434)		0
Increases in short-term and revolving credit facility borrowings	61,318		51,471
Payments on short-term and revolving credit facility borrowings	(4,897)		(52,825)
Payments on capital lease obligations	(693)		(935)
Dividends paid to noncontrolling interests	0		(210)
Other financing activities	0		(12)
Net cash provided by (used in) financing activities	45,287		(11,034)
Effects of exchange rate changes on cash and cash equivalents	1,357		(22)
Decrease in cash and cash equivalents	(21,607)		(16,701)
Cash and cash equivalents at beginning of year	81,569	[1]	76,066
Cash and cash equivalents at end of period	$ 59,962		$ 59,365

[1] Derived from the audited Consolidated Balance Sheet

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Condensed Consolidated Statements of Shareholders' Investment Unaudited - USD ($) $ in Thousands		3 Months Ended					6 Months Ended
		Jun. 30, 2017	Mar. 31, 2017		Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2017		Jun. 30, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		$ 167,194	$ 159,264	[1]	$ 126,088	$ 124,351	$ 159,264	[1]	$ 124,351
Net income, including portion attributable to nonredeemable noncontrolling interest	[2]	10,476	7,801
Net income (loss), including portion attributable to noncontrolling interest		10,273			9,161	8,629	17,896		17,790
Other comprehensive income (loss)		2,403	2,661		8,005	(276)	5,064		7,729
Cash dividends paid		(3,428)	(3,441)		(3,389)	(3,373)
Stock-based compensation		2,109	1,296		1,228	729
Cumulative-effect adjustment of ASU 2016-09			692
Repurchases of common stock		(3,434)
Common stock activity		260	(398)		431	14
Acquisition of noncontrolling interests		424
Acquisition of noncontrolling interests			(681)			(3,800)
Dividends paid to noncontrolling interests					(23)	(186)
Ending balance		176,004	167,194		141,501	126,088	176,004		141,501
Net income (loss) attributable to redeemable noncontrolling interests		203	178
Additional Paid-In Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		48,809	48,108		43,744	41,936	48,108		41,936
Stock-based compensation		2,109	1,296		1,228	729
Common stock activity		172	(629)		181
Acquisition of noncontrolling interests		424
Acquisition of noncontrolling interests			34			1,079
Ending balance		51,514	48,809		45,153	43,744	51,514		45,153
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		266,477	261,562		244,418	239,161	261,562		239,161
Net income, including portion attributable to nonredeemable noncontrolling interest	[2]	10,201	7,664
Net income (loss), including portion attributable to noncontrolling interest					8,627	8,630
Cash dividends paid		(3,428)	(3,441)		(3,389)	(3,373)
Cumulative-effect adjustment of ASU 2016-09			692
Repurchases of common stock		(3,029)
Ending balance		270,221	266,477		249,656	244,418	270,221		249,656
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		(208,298)	(211,773)		(222,293)	(222,631)	(211,773)		(222,631)
Other comprehensive income (loss)		2,273	3,475		8,474	338	5,748		8,812
Ending balance		(206,025)	(208,298)		(213,819)	(222,293)	(206,025)		(213,819)
Shareholders' Investment Attributable to Shareholders of Crawford & Company
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		163,205	153,883		121,110	113,693	153,883		113,693
Net income, including portion attributable to nonredeemable noncontrolling interest	[2]		7,664
Net income (loss), including portion attributable to noncontrolling interest					8,627	8,630
Other comprehensive income (loss)		2,273	3,475		8,474	338
Cash dividends paid		(3,428)	(3,441)		(3,389)	(3,373)
Stock-based compensation		2,109	1,296		1,228	729
Cumulative-effect adjustment of ASU 2016-09			692
Repurchases of common stock		(3,434)
Common stock activity		260	(398)		431	14
Acquisition of noncontrolling interests		424
Acquisition of noncontrolling interests			34			1,079
Ending balance		171,610	163,205		136,481	121,110	171,610		136,481
Noncontrolling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		3,989	5,381		4,978	10,658	5,381		10,658
Net income, including portion attributable to nonredeemable noncontrolling interest	[2]	275	137
Net income (loss), including portion attributable to noncontrolling interest					534	(1)
Other comprehensive income (loss)		130	(814)		(469)	(614)
Acquisition of noncontrolling interests			(715)			(4,879)
Dividends paid to noncontrolling interests					(23)	(186)
Ending balance		4,394	3,989		5,020	4,978	4,394		5,020
Class A Non-Voting | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		31,527	31,296		30,551	30,537	31,296		30,537
Repurchases of common stock		(357)
Common stock activity		88	231		250	14
Ending balance		31,258	31,527		30,801	30,551	31,258		30,801
Class B Voting | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		24,690	24,690		24,690	24,690	24,690		24,690
Repurchases of common stock		(48)
Common stock activity			0		0	0
Ending balance		$ 24,642	$ 24,690		$ 24,690	$ 24,690	$ 24,642		$ 24,690

[1] Derived from the audited Consolidated Balance Sheet

[2] The total net income presented in the consolidated statements of shareholders' investment for the three months ended March 31, and June 30, 2017 excludes $178 and $203, respectively, in net loss attributable to the redeemable noncontrolling interests.

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Basis of Presentation

6 Months Ended

Jun. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X promulgated by the United States Securities and Exchange Commission (the "SEC"). Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. Operating results for the three months and six months ended, and the Company's financial position as of, June 30, 2017 are not necessarily indicative of the results or financial position that may be expected for the year ending December 31, 2017 or for other future periods. The financial results from the Company's operations outside of the U.S., Canada, the Caribbean, and certain subsidiaries in the Philippines, are reported and consolidated on a two-month delayed basis (fiscal year-end of October 31) as permitted by GAAP in order to provide sufficient time for accumulation of their results.

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments (consisting only of normal recurring accruals and adjustments) considered necessary for a fair presentation have been included. There have been no material changes to our significant accounting policies and estimates from those disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.

Certain prior period amounts among the segments have been reclassified to conform to the current presentation. These reclassifications had no effect on the Company's reported consolidated results. Significant intercompany transactions have been eliminated in consolidation.

The Condensed Consolidated Balance Sheet information presented herein as of December 31, 2016 has been derived from the audited consolidated financial statements as of that date, but does not include all of the information and footnotes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.

The Company consolidates the liabilities of its deferred compensation plan and the related assets, which are held in a rabbi trust and also considered a variable interest entity ("VIE") of the Company. The rabbi trust was created to fund the liabilities of the Company's deferred compensation plan. The Company is considered the primary beneficiary of the rabbi trust because the Company directs the activities of the trust and can use the assets of the trust to satisfy the liabilities of the Company's deferred compensation plan. At June 30, 2017 and December 31, 2016, the liabilities of the deferred compensation plan were $7,609,000 and $9,385,000, respectively, which represented obligations of the Company rather than of the rabbi trust, and the values of the assets held in the related rabbi trust were $16,395,000 and $16,227,000, respectively. These liabilities and assets are included in "Other noncurrent liabilities" and "Other noncurrent assets," respectively, on the Company's unaudited Condensed Consolidated Balance Sheets.

The Company owns 51% of the capital stock of Lloyd Warwick International Limited ("LWI"). The Company has also agreed to provide financial support to LWI of up to approximately $10,000,000. Because of this controlling financial interest, and because Crawford has the obligation to absorb certain of LWI's losses through the additional financial support that LWI may require, LWI is considered a VIE of the Company. LWI also does not meet the business scope exception, as Crawford provides more than half of its financial support, and because LWI lacks sufficient equity at risk to permit it to carry on its activities without this additional financial support. Creditors of LWI have no recourse to Crawford's general credit. Accordingly, Crawford is considered the primary beneficiary and consolidates LWI. Total assets and liabilities of LWI as of June 30, 2017 were $9,696,000 and $10,683,000, respectively. Total assets and liabilities of LWI as of December 31, 2016 were $9,300,000 and $10,554,000, respectively. Included in LWI's total liabilities is a loan from Crawford of $8,780,000 and $8,704,000 as of June 30, 2017 and December 31, 2016, respectively.

Noncontrolling interests represent the minority shareholders' share of the net income or loss and shareholders' investment in consolidated subsidiaries. Noncontrolling interests are presented as a component of shareholders' investment in the unaudited Condensed Consolidated Balance Sheets and reflect the initial fair value of these investments by noncontrolling shareholders, along with their proportionate share of the income or loss of the subsidiaries, less any dividends or distributions. Noncontrolling interests that are redeemable at the option of the holder are presented outside of shareholders' investment as "Redeemable Noncontrolling Interests" and are carried at either their initial fair value plus any profits or losses or estimated redemption value if an adjustment is required.

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Business Acquisition

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Business Acquisition

Business Acquisition

On January 4, 2017, the Company acquired 85% of the outstanding membership interests of WeGoLook^®, LLC, for the purchase price of $36,125,000. WeGoLook provides a variety of on-demand inspection, verification, and other field services for businesses and consumers through a mobile platform of independent contractors.

Based on our preliminary acquisition accounting, net tangible assets acquired totaled $1,064,000, including $100,000 of cash. The difference between the purchase price and the net assets acquired represents indefinite and definite-lived intangible assets, goodwill and redeemable noncontrolling interests. The acquisition was funded primarily through additional borrowings under the Company's credit facility.

The purchase agreement also provides that: (a) $250,000 of the purchase price will be held in escrow to secure the net working capital post-closing adjustment; and (b) $800,000 of the purchase price will be held in escrow for a period of 15 months, and $1,000,000 of the purchase price will be held in escrow for a period of 24 months, after the closing date in each case, to secure any valid indemnification claims that the Company may assert for specified breaches of representations, warranties or covenants under the purchase agreement. No amounts have been released from escrow as of June 30, 2017.

The Company has an option, beginning on January 1, 2022 and expiring on December 31, 2023, to acquire the remaining 15% of the outstanding membership interests of WeGoLook. In the event the Company does not exercise the option, beginning on January 1, 2024, the minority members shall have the right to require the Company to acquire the minority members’ interests on or before December 31, 2024. In addition, at the time of the exercise of the option or the put, the minority members may be entitled to additional consideration depending on whether certain financial targets of WeGoLook are achieved between closing and December 31, 2021.

The acquisition was accounted for under the guidance of ASC 805-10, as a business combination under the acquisition method. The preliminary application of acquisition accounting to the assets acquired, and liabilities and redeemable noncontrolling interests assumed, as well as the results of operations of WeGoLook including income or loss attributable to redeemable noncontrolling interests, are reported within the Company’s U.S. Services segment.

As a result of the acquisition, the Company preliminarily recognized definite-lived intangible assets of $17,794,000 consisting of developed technology, customer relationships, non-compete agreements and established relationships with independent contractors. The estimated useful lives of these definite-lived intangible assets range from three to ten years. The Company recognized related amortization expense of $643,000 and $1,287,000 in its unaudited Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2017. The Company preliminarily recognized goodwill of $23,977,000 related to the acquisition. The Company anticipates the goodwill attributable to the acquisition will be deductible for tax purposes. The Company recognized noncontrolling interests of $7,743,000 which were measured at fair value at the acquisition date. The noncontrolling interests have been recorded as "Redeemable Noncontrolling Interests" in the Company's unaudited Condensed Consolidated Balance Sheets. During the six months ended June 30, 2017, no changes were made to the redemption value of the redeemable noncontrolling interests; the change in value was due to the loss for the period. See Note 1, “Basis of Presentation” for a discussion of noncontrolling interests and redeemable noncontrolling interests.

The allocation of the purchase price is preliminary and subject to change, as the Company gathers additional information related to the assets acquired and liabilities and redeemable noncontrolling interests assumed, including intangible assets, other assets, accrued liabilities, deferred taxes, and uncertain tax positions. The Company is in the process of obtaining final third-party valuations of certain intangible assets; thus, the provisional measurements of intangible assets, goodwill, redeemable noncontrolling interests, and deferred income taxes are subject to change.

The Company does not anticipate the WeGoLook operations will have a material impact on the Company’s consolidated results of operations or its earnings per share during 2017. For the three months and six months ended June 30, 2017, WeGoLook accounted for $2,227,000 and $4,158,000 of the Company’s consolidated revenues before reimbursements, respectively.

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Recently Issued Accounting Standards

6 Months Ended

Jun. 30, 2017

Accounting Changes and Error Corrections [Abstract]

Recently Issued Accounting Standards

Recently Issued Accounting Standards

Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting

In May 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-9, "Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting." The ASU was issued to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

In March 2017, the FASB issued ASU 2017-7, "Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The ASU requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments in this update also allow only the service cost component to be eligible for capitalization when applicable.The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Simplifying the Test for Goodwill Impairment

In January 2017, the FASB issued ASU 2017-4, "Simplifying the Test for Goodwill Impairment." The ASU was issued to simplify subsequent measurement of goodwill. The update eliminates Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Company elected to early adopt this ASU for the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

Clarifying the Definition of a Business

In January 2017, the FASB issued ASU 2017-1, "Clarifying the Definition of a Business." The ASU was issued to clarify the definition of a business for purposes of acquisitions and dispositions. The amendments in this update provide a more robust framework than prior guidance to use in determining when a set of assets and activities constitutes a business. The Company early adopted this ASU during the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

Restricted Cash

In November 2016, the FASB issued ASU 2016-18, "Restricted Cash." The ASU was issued to address diversity in practice in the classification and presentation of a change in restricted cash on the statement of cash flows. The amendments in this update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The Company early adopted this ASU for the three-month period ended March 31, 2017, with no effect on its statement of cash flows.

Intra-Entity Transfers of Assets Other Than Inventory

In October 2016, the FASB issued ASU 2016-16, "Intra-Entity Transfers of Assets Other Than Inventory." The update was issued to improve the accounting for income tax consequences of intra-entity transfers of assets other than inventory. The initiative is designed to reduce the complexity in accounting standards. Under the amendment an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this update eliminate the exception for an intra-entity transfer of an asset other than inventory. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Classification of Certain Cash Receipts and Cash Payments in the Statement of Cash Flows

In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows Classification of Certain Cash Receipts and Cash Payments." The update addresses diversity in cash flow reporting issues. The guidance specifically addresses issues concerning debt repayment costs, settlement of zero coupon debt instruments, contingent consideration payments made after a business combination, proceeds from insurance claims and corporate owned life insurance beneficial interests in securitization transactions, and distributions from equity method investees. The guidance also clarifies how the predominant principle should be applied when cash receipts and cash payments have more than one class of cash flows. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this amendment may have on its statement of cash flows.

Measurement of Credit Losses on Financial Instruments

In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments." This update replaces the incurred loss methodology to record credit losses with a methodology that reflects the expected credit losses for financial assets not accounted for at fair value with gains and losses recognized through income. The amendment is effective for annual periods beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company is currently evaluating the effect this amendment may have on its results of operations, financial condition and cash flows.

Improvements to Employee Share-Based Payment Accounting

In March 2016, the FASB issued ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting." This update was issued as part of a simplification effort for the accounting of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, change in forfeiture accounting, and classification on the statement of cash flows. The Company adopted this standard prospectively effective January 1, 2017. Prior periods have not been adjusted. As a result of adoption, the Company recorded an entry to deferred tax assets and increased retained earnings in the amount of $692,000 for tax benefits not previously recorded related to stock compensation. The Company will record all excess tax benefits and tax deficiencies on share-based payment awards as a discrete item in the income statement as these awards vest or are exercised. Forfeitures will be recognized as they occur. The Company reflects all payments made to taxing authorities on behalf of employees by withholding shares as a financing activity in the statement of cash flows. During the quarter and six months ended June 30, 2017, the Company recorded tax expense and benefit of $38,000 and $200,000, respectively, as a result of adoption of this standard.

Simplifying the Transition to the Equity Method of Accounting

In March 2016, the FASB issued ASU 2016-07, "Simplifying the Transition to the Equity Method of Accounting." This update eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this update are effective for annual periods beginning after December 15, 2016, and interim periods thereafter. The Company adopted this standard effective January 1, 2017, with no impact to its results of operations, financial condition and cash flows.

Financial Accounting for Leases

In February 2016, the FASB issued ASU 2016-02, "Financial Accounting for Leases." Under this update, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP, which requires only capital leases to be recognized on the balance sheet, this ASU will require both types of leases to be recognized on the balance sheet. The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements. The update is effective for annual periods beginning after December 15, 2018, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this update may have on its results of operations, financial condition and cash flows.

Revenue from Contracts with Customers

In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers." Under ASU 2014-09, companies will be required to recognize revenue to depict the transfer of control for goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively (for example, service revenue and contract modifications) and modify guidance for multiple-element arrangements. In August 2015, the FASB issued ASU 2015-14, which deferred by one year the effective date of ASU 2014-09. The one year deferral of the effective date of this standard changed the effective date for the Company to January 1, 2018. Early adoption is permitted, but not before the original effective date. The FASB issued ASU 2016-08, "Principal versus Agent Considerations (Reporting Revenue Gross versus Net)" in March 2016, ASU 2016-10, "Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing" in April 2016, ASU 2016-12, "Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients," in May 2016, and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,” in December 2016. All of these amendments are intended to improve and clarify the implementation guidance of ASU 2014-09 and have the same effective date as the original standard.

The Company has reviewed a sample of contracts with its customers that represent approximately 50% of its consolidated annual revenues before reimbursements that the Company believes is representative of its significant revenue streams identified to date. The assessment of the impact on revenue and expenses based on these reviews to determine the impact to the Company’s results of operations, financial position and cash flows as a result of this guidance is ongoing. As the Company completes its overall assessment, it is also identifying and preparing to implement changes to its accounting policies and disclosure requirements. For example, the ASU requires increased disclosure, which in turn is expected to require certain new processes and system changes. The Company's evaluation indicates that process and system changes will be required to capture the amounts and expected timing of revenues to be recognized from the remaining performance obligations during and as of each reporting period. The Company expects to adopt this new standard as of January 1, 2018 using the modified retrospective method that may result in a cumulative effect adjustment as of the date of adoption.

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Income Taxes

6 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company's consolidated effective income tax rate may change periodically due to changes in enacted tax rates, fluctuations in the mix of income earned from the Company's various domestic and international operations, which are subject to income taxes at different rates, the Company's ability to utilize net operating loss and tax credit carryforwards, and amounts related to uncertain income tax positions. At June 30, 2017, the Company estimates that its effective income tax rate for 2017 will be approximately 37% after considering known discrete items. The provision for income taxes on consolidated income totaled $6.8 million and $6.1 million for the three months ended June 30, 2017 and 2016, respectively.The provision for income taxes on consolidated income totaled $11.6 million and $11.4 million for the six months ended June 30, 2017 and 2016, respectively. The overall effective tax rate increased slightly to 39.4% for the six months ended June 30, 2017 compared with 39.1% for the 2016 period.

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Defined Benefit Pension Plans

6 Months Ended

Jun. 30, 2017

Defined Benefit Plan [Abstract]

Defined Benefit Pension Plans

Defined Benefit Pension Plans

Net periodic benefit cost related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2017 and 2016 included the following components:

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Service cost	$	328		$	368		$	657		$	658
Interest cost	6,226			8,664			12,396			16,572
Expected return on assets	(8,964		)	(10,938		)	(17,928		)	(20,758		)
Amortization of actuarial loss	3,094			3,541			6,145			6,818
Net periodic benefit cost	$	684		$	1,635		$	1,270		$	3,290

For the six-month period ended June 30, 2017, the Company made contributions of $6,000,000 and $2,658,000 to its U.S. and U.K. defined benefit pension plans, respectively, compared with contributions of $6,000,000 and $3,072,000, respectively, in the comparable 2016 period. The Company is not required to make any additional contributions to its U.S. or U.K. defined benefit pension plans for the remainder of 2017; however, the Company expects to make additional contributions of approximately $3,000,000 and $2,707,000 to its U.S. and U.K. plans, respectively, during the remainder of 2017.

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Net Income Attributable to Shareholders of Crawford & Company per Common Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Net Income Attributable to Shareholders of Crawford & Company per Common Share

Net Income Attributable to Shareholders of Crawford & Company per Common Share

The Company computes earnings per share of its non-voting Class A Common Stock ("CRD-A") and voting Class B Common Stock ("CRD-B") using the two-class method, which allocates the undistributed earnings in each period to each class on a proportionate basis. The Company's Board of Directors has the right, but not the obligation, to declare higher dividends on the CRD-A shares than on the CRD-B shares, subject to certain limitations. In periods when the dividend is the same for CRD-A and CRD-B or when no dividends are declared or paid to either class, the two-class method generally will yield the same earnings per share for CRD-A and CRD-B. During the first two quarters of 2017 and 2016, the Board of Directors declared a higher dividend on CRD-A than on CRD-B.

The computations of basic net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - basic:
Numerator:
Allocation of undistributed earnings	$	3,792	$	2,981	$	2,904	$	2,334	$	6,156	$	4,840	$	5,811	$	4,683
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, basic	$	5,985	$	4,216	$	5,059	$	3,568	$	10,556	$	7,309	$	10,105	$	7,152
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Earnings per share - basic	$	0.19	$	0.17	$	0.16	$	0.14	$	0.34	$	0.30	$	0.33	$	0.29

The computations of diluted net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - diluted:
Numerator:
Allocation of undistributed earnings	$	3,830	$	2,943	$	2,926	$	2,312	$	6,223	$	4,773	$	5,844	$	4,650
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, diluted	$	6,023	$	4,178	$	5,081	$	3,546	$	10,623	$	7,242	$	10,138	$	7,119
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Weighted-average effect of dilutive securities	725		—		528		—		780		—		396		—
Weighted-average common shares outstanding, diluted	32,119		24,678		31,253		24,690		32,181		24,684		31,031		24,690
Earnings per share - diluted	$	0.19	$	0.17	$	0.16	$	0.14	$	0.33	$	0.29	$	0.33	$	0.29

Listed below are the shares excluded from the denominator in the above computation of diluted earnings per share for CRD-A because their inclusion would have been antidilutive:

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
Shares underlying stock options excluded due to the options' respective exercise prices being greater than the average stock price during the period	786	—	673	74
Performance stock grants excluded because performance conditions have not been met (1)	402	1,000	402	1,000

________________________________________________

⁽¹⁾  Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating earnings per share until the performance measurements have been achieved.

The following table details shares issued during the three months and six months ended June 30, 2017 and June 30, 2016. These shares are included from their dates of issuance in the weighted-average common shares used to compute basic and diluted earnings per share for CRD-A in the table above. There were no shares of CRD-B issued during any of these periods.

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
CRD-A issued under Non-Employee Director Stock Plan	10	113	90	119
CRD-A issued under the U.K. ShareSave Scheme	57	134	59	141
CRD-A issued under the Executive Stock Bonus Plan	—	3	107	4
CRD-A issued under the 2016 Omnibus Stock and Incentive Plan	20	—	62	—

The Company's share repurchase authorization, approved in August 2014, provides the Company with the ability to repurchase up to 2,000,000 shares of CRD-A or CRD-B (or both) through July 2017 (the "2014 Repurchase Authorization"). At June 30, 2017, the Company had remaining authorization to repurchase 1,050,492 shares under the 2014 Repurchase Authorization. Under the 2014 Repurchase Authorization, repurchases may be made in open market or privately negotiated transactions at such times and for such prices as management deems appropriate, subject to applicable contractual and regulatory restrictions.

During the three months and six months ended June 30, 2017, the Company repurchased 356,320 shares of CRD-A and 48,488 shares of CRD-B at an average cost of $8.42 and $8.96, respectively. During the three months and six months ended June 30, 2016 the Company did not repurchase any shares of CRD-A or CRD-B.

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Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Comprehensive income (loss) for the Company consists of the total of net income, foreign currency translation adjustments, and accrued pension and retiree medical liability adjustments. The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's unaudited condensed consolidated financial statements were as follows:

	Three months ended June 30, 2017									Six months ended June 30, 2017
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(31,757	)	$	(176,541	)	$	(208,298	)	$	(33,449	)	$	(178,324	)	$	(211,773	)
Other comprehensive income before reclassifications	523			—			523			2,215			—			2,215
Amounts reclassified from accumulated other comprehensive income	—			1,750			1,750			—			3,533			3,533
Net current period other comprehensive income	523			1,750			2,273			2,215			3,533			5,748
Ending balance	$	(31,234	)	$	(174,791	)	$	(206,025	)	$	(31,234	)	$	(174,791	)	$	(206,025	)

	Three months ended June 30, 2016									Six months ended June 30, 2016
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(26,150	)	$	(196,143	)	$	(222,293	)	$	(24,347	)	$	(198,284	)	$	(222,631	)
Other comprehensive income before reclassifications	6,333			—			6,333			4,530			—			4,530
Amounts reclassified from accumulated other comprehensive income	—			2,141			2,141			—			4,282			4,282
Net current period other comprehensive income	6,333			2,141			8,474			4,530			4,282			8,812
Ending balance	$	(19,817	)	$	(194,002	)	$	(213,819	)	$	(19,817	)	$	(194,002	)	$	(213,819	)

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⁽¹⁾  Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Selling, general, and administrative expenses" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 5, "Defined Benefit Pension Plans" for additional details.

The other comprehensive loss amounts attributable to noncontrolling interests shown in the Company's unaudited Condensed Consolidated Statements of Shareholders' Investment are foreign currency translation adjustments.

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Fair Value Measurements

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

The following table presents the Company's assets that are measured at fair value on a recurring basis and that are categorized using the fair value hierarchy:

			Fair Value Measurements at June 30, 2017
					Significant Other		Significant
			Quoted Prices in		Observable		Unobservable
			Active Markets		Inputs		Inputs
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Money market funds (1)	$	10,098	$	10,098	$	—	$	—

________________________________________________

⁽¹⁾  The fair values of the money market funds were based on recently quoted market prices and reported transactions in an active marketplace. Money market funds are included in the Company's unaudited Condensed Consolidated Balance Sheets as "Cash and cash equivalents."

Fair Value Disclosures

There were no transfers of assets between fair value levels during the three months or six months ended June 30, 2017. The categorization of assets and liabilities within the fair value hierarchy and the measurement techniques are reviewed quarterly. Any transfers between levels are deemed to have occurred at the end of the quarter.

The fair values of accounts receivable, unbilled revenues, accounts payable and short-term borrowings approximate their respective carrying values due to the short-term maturities of the instruments. The interest rate on the Company's variable rate long-term debt resets at least every 90 days; therefore, the carrying value approximates fair value.

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Segment Information

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

Financial information for the three months and six months ended June 30, 2017 and 2016 related to the Company's reportable segments, including a reconciliation from segment operating earnings to income before income taxes, the most directly comparable GAAP financial measure, is presented below.

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Revenues:
U.S. Services	$	61,316		$	58,886		$	121,791		$	117,439
International	110,370			122,617			220,235			239,475
Broadspire	77,882			75,099			154,861			151,299
Garden City Group	19,679			25,741			39,627			51,364
Total segment revenues before reimbursements	269,247			282,343			536,514			559,577
Reimbursements	14,725			15,326			26,988			29,000
Total revenues	$	283,972		$	297,669		$	563,502		$	588,577
Segment Operating Earnings (Loss):
U.S. Services	$	11,133		$	9,560		$	16,650		$	18,589
International	10,293			11,125			19,517			18,407
Broadspire	8,899			6,529			15,995			15,234
Garden City Group	(1,653		)	2,558			(2,455		)	3,830
Total segment operating earnings	28,672			29,772			49,707			56,060
Add (Deduct):
Unallocated corporate and shared (costs) and credits, net	487			(5,889		)	(2,255		)	(10,507		)
Net corporate interest expense	(2,114		)	(2,523		)	(4,150		)	(5,291		)
Stock option expense	(457		)	(137		)	(874		)	(227		)
Amortization of customer-relationship intangible assets	(2,721		)	(2,420		)	(5,498		)	(4,879		)
Restructuring and special charges	(6,782		)	(3,526		)	(7,387		)	(5,943		)
Income before income taxes	$	17,085		$	15,277		$	29,543		$	29,213

Intersegment transactions are not material for any period presented.

Operating earnings is the primary financial performance measure used by the Company's senior management and chief operating decision maker ("CODM") to evaluate the financial performance of the Company's four operating segments and make resource allocation and certain compensation decisions. The Company believes this measure is useful to others in that it allows them to evaluate segment operating performance using the same criteria used by the Company's senior management and CODM. Operating earnings will differ from net income computed in accordance with GAAP since operating earnings represent segment earnings before certain unallocated corporate and shared costs and credits, net corporate interest expense, stock option expense, amortization of customer-relationship intangible assets, restructuring and special charges, income taxes, and net income or loss attributable to noncontrolling interests and redeemable noncontrolling interests.

Segment operating earnings includes allocations of certain corporate and shared costs. If the Company changes its allocation methods or changes the types of costs that are allocated to its fouroperating segments, prior period amounts presented in the current period financial statements are adjusted to conform to the current allocation process.

The Company reported in its 2017 first quarter a subsequent event about an anticipated realignment of operating segment manager responsibilities subsequent to March 31, 2017. As a result of the departure of the Company's then Chief Operating Officer in the second quarter, the realignment of operating segment manager responsibilities was adjusted from those originally expected. Responsibilities for certain class action operations within Canada (which have been managed and reported within the International segment) have been transferred to the Garden City Group segment, and responsibilities for certain operations in the Caribbean (which have been managed and reported within the International segment) have been transferred to the U.S. Services segment. Previously reported amounts have been reclassified to reflect these changes. No other changes in operating responsibilities occurred. These transfers are not material to the Company's financial statements. The Company's reportable segments are U.S. Services, International, Broadspire, and Garden City Group.

Revenues before reimbursements by major service line in the U.S. Services segment and the Broadspire segment are shown in the following table. It is not practicable to provide revenues by service line for the International segment. The Company considers all Garden City Group revenues to be derived from one service line.

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
U.S. Services
Claims Field Operations	$	22,268	$	20,193	$	43,369	$	40,706
Technical Services	6,927		7,203		14,133		13,929
Catastrophe Services	8,644		11,423		21,790		25,955
Subtotal U.S. Claims Services	37,839		38,819		79,292		80,590
Contractor Connection	21,250		20,067		38,341		36,849
WeGoLook	2,227		—		4,158		—
Total Revenues before Reimbursements--U.S. Services	$	61,316	$	58,886	$	121,791	$	117,439
Broadspire
Workers' Compensation, Disability and Liability Claims Management	$	33,606	$	31,670	$	66,589	$	63,882
Medical Management Services	40,792		39,923		81,359		80,284
Risk Management Information Services	3,484		3,506		6,913		7,133
Total Revenues before Reimbursements--Broadspire	$	77,882	$	75,099	$	154,861	$	151,299

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

As part of the Company's credit facility, the Company maintains a letter of credit facility to satisfy certain of its own contractual requirements. At June 30, 2017, the aggregate committed amount of letters of credit outstanding under the credit facility was $14,470,000.

In the normal course of its business, the Company is sometimes named as a defendant or responsible party in suits or other actions by insureds or claimants contesting decisions made by the Company or its clients with respect to the settlement of claims. Additionally, certain clients of the Company have in the past brought, and may, in the future bring, claims for indemnification on the basis of alleged actions by the Company, its agents, or its employees in rendering services to clients. The majority of these claims are of the type covered by insurance maintained by the Company. However, the Company is responsible for the deductibles and self-insured retentions under various insurance coverages. In the opinion of Company management, adequate provisions have been made for such known and foreseeable risks.

The Company is subject to numerous federal, state, and foreign labor, employment, worker health and safety, antitrust and competition, environmental and consumer protection, import/export, anti-corruption, and other laws, and from time to time the Company faces claims and investigations by employees, former employees, and governmental entities under such laws. Such claims, investigations, and any litigation involving the Company could divert management's time and attention from the Company's business operations and could potentially result in substantial costs of defense, settlement or other disposition, which could have a material adverse effect on the Company's results of operations, financial position, and cash flows. In the opinion of Company management, adequate provisions have been made for any items that are probable and reasonably estimable.

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Restructuring and Special Charges

6 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring and Special Charges

Restructuring and Special Charges

Total restructuring and special charges for the three months and six months ended June 30, 2017 were $6,782,000 and $7,387,000, respectively.

Restructuring Charges

Restructuring charges for the three months and six months ended June 30, 2017 of $6,782,000 and $7,387,000 were incurred for the implementation and phase in of the Company's Global Business Services Center in Manila, Philippines and Global Technology Services Center in Pune, India (the "Centers"), restructuring and integration costs related to reductions of administrative costs and consolidation of management layers in certain operations, and other restructuring charges for asset impairments and lease termination costs.

The following table shows the restructuring charges incurred by type of activity:

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Implementation and phase-in of the Centers	$	66	$	1,973	$	223	$	2,402
Restructuring and integration costs	6,716		716		6,716		1,603
Asset impairments and lease termination costs	—		337		448		1,165
Total restructuring charges	$	6,782	$	3,026	$	7,387	$	5,170

Costs associated with the restructuring and integration activities were primarily in U.S. administrative areas and the International segment and were predominantly for severance costs. Cost associated with the Centers were primarily for professional fees and severance costs.

As ofJune 30, 2017, the following liabilities remained on the Company's unaudited Condensed Consolidated Balance Sheets related to restructuring charges. Therollforward of these costs toJune 30, 2017were as follows:

	Three months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, March 31, 2017	$	2,743			$	595		$	—		$	1,524		$	4,862
Additions	—			—	6,688			94			—			6,782
Adjustments to accruals	(502		)		—			—			(431		)	(933		)
Cash payments	—				(2,087		)	(94		)	(24		)	(2,205		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

	Six months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, December 31, 2016	$	3,066			$	1,525		$	617		$	1,949		$	7,157
Additions	—			—	6,833			94			460			7,387
Adjustments to accruals	(825		)		—			—			(431		)	(1,256		)
Cash payments	—				(3,162		)	(711		)	(909		)	(4,782		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

Special Charges

The Company recorded no special charges for the three months and six months ended June 30, 2017 and $500,000 and $773,000 for the three months and six months ended June 30, 2016, respectively. The special charges for the three months and six months ended June 30, 2016 consisted of legal and professional fees.

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Basis of Presentation (Policies)

6 Months Ended

Jun. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of accounting

The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X promulgated by the United States Securities and Exchange Commission (the "SEC"). Accordingly, these unaudited condensed consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. Operating results for the three months and six months ended, and the Company's financial position as of, June 30, 2017 are not necessarily indicative of the results or financial position that may be expected for the year ending December 31, 2017 or for other future periods. The financial results from the Company's operations outside of the U.S., Canada, the Caribbean, and certain subsidiaries in the Philippines, are reported and consolidated on a two-month delayed basis (fiscal year-end of October 31) as permitted by GAAP in order to provide sufficient time for accumulation of their results.

Use of estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments (consisting only of normal recurring accruals and adjustments) considered necessary for a fair presentation have been included. There have been no material changes to our significant accounting policies and estimates from those disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2016.

Reclassification

Certain prior period amounts among the segments have been reclassified to conform to the current presentation. These reclassifications had no effect on the Company's reported consolidated results. Significant intercompany transactions have been eliminated in consolidation.

Consolidation, variable interest entity, policy

The Company consolidates the liabilities of its deferred compensation plan and the related assets, which are held in a rabbi trust and also considered a variable interest entity ("VIE") of the Company. The rabbi trust was created to fund the liabilities of the Company's deferred compensation plan. The Company is considered the primary beneficiary of the rabbi trust because the Company directs the activities of the trust and can use the assets of the trust to satisfy the liabilities of the Company's deferred compensation plan

Consolidation, noncontrolling interests and redeemable noncontrolling interests, policy

Noncontrolling interests represent the minority shareholders' share of the net income or loss and shareholders' investment in consolidated subsidiaries. Noncontrolling interests are presented as a component of shareholders' investment in the unaudited Condensed Consolidated Balance Sheets and reflect the initial fair value of these investments by noncontrolling shareholders, along with their proportionate share of the income or loss of the subsidiaries, less any dividends or distributions. Noncontrolling interests that are redeemable at the option of the holder are presented outside of shareholders' investment as "Redeemable Noncontrolling Interests" and are carried at either their initial fair value plus any profits or losses or estimated redemption value if an adjustment is required.

Recently Issued Accounting Standards

Recently Issued Accounting Standards

Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting

In May 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-9, "Compensation-Stock Compensation: Scope of Stock Compensation Modification Accounting." The ASU was issued to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

In March 2017, the FASB issued ASU 2017-7, "Compensation-Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The ASU requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments in this update also allow only the service cost component to be eligible for capitalization when applicable.The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Simplifying the Test for Goodwill Impairment

In January 2017, the FASB issued ASU 2017-4, "Simplifying the Test for Goodwill Impairment." The ASU was issued to simplify subsequent measurement of goodwill. The update eliminates Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Company elected to early adopt this ASU for the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

Clarifying the Definition of a Business

In January 2017, the FASB issued ASU 2017-1, "Clarifying the Definition of a Business." The ASU was issued to clarify the definition of a business for purposes of acquisitions and dispositions. The amendments in this update provide a more robust framework than prior guidance to use in determining when a set of assets and activities constitutes a business. The Company early adopted this ASU during the three-month period ended March 31, 2017, with no effect on its results of operations, financial condition or cash flows.

Restricted Cash

In November 2016, the FASB issued ASU 2016-18, "Restricted Cash." The ASU was issued to address diversity in practice in the classification and presentation of a change in restricted cash on the statement of cash flows. The amendments in this update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The Company early adopted this ASU for the three-month period ended March 31, 2017, with no effect on its statement of cash flows.

Intra-Entity Transfers of Assets Other Than Inventory

In October 2016, the FASB issued ASU 2016-16, "Intra-Entity Transfers of Assets Other Than Inventory." The update was issued to improve the accounting for income tax consequences of intra-entity transfers of assets other than inventory. The initiative is designed to reduce the complexity in accounting standards. Under the amendment an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this update eliminate the exception for an intra-entity transfer of an asset other than inventory. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this ASU may have on its results of operations, financial condition and cash flows.

Classification of Certain Cash Receipts and Cash Payments in the Statement of Cash Flows

In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows Classification of Certain Cash Receipts and Cash Payments." The update addresses diversity in cash flow reporting issues. The guidance specifically addresses issues concerning debt repayment costs, settlement of zero coupon debt instruments, contingent consideration payments made after a business combination, proceeds from insurance claims and corporate owned life insurance beneficial interests in securitization transactions, and distributions from equity method investees. The guidance also clarifies how the predominant principle should be applied when cash receipts and cash payments have more than one class of cash flows. The update is effective for annual periods beginning after December 15, 2017, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this amendment may have on its statement of cash flows.

Measurement of Credit Losses on Financial Instruments

In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments." This update replaces the incurred loss methodology to record credit losses with a methodology that reflects the expected credit losses for financial assets not accounted for at fair value with gains and losses recognized through income. The amendment is effective for annual periods beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company is currently evaluating the effect this amendment may have on its results of operations, financial condition and cash flows.

Improvements to Employee Share-Based Payment Accounting

In March 2016, the FASB issued ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting." This update was issued as part of a simplification effort for the accounting of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, change in forfeiture accounting, and classification on the statement of cash flows. The Company adopted this standard prospectively effective January 1, 2017. Prior periods have not been adjusted. As a result of adoption, the Company recorded an entry to deferred tax assets and increased retained earnings in the amount of $692,000 for tax benefits not previously recorded related to stock compensation. The Company will record all excess tax benefits and tax deficiencies on share-based payment awards as a discrete item in the income statement as these awards vest or are exercised. Forfeitures will be recognized as they occur. The Company reflects all payments made to taxing authorities on behalf of employees by withholding shares as a financing activity in the statement of cash flows. During the quarter and six months ended June 30, 2017, the Company recorded tax expense and benefit of $38,000 and $200,000, respectively, as a result of adoption of this standard.

Simplifying the Transition to the Equity Method of Accounting

In March 2016, the FASB issued ASU 2016-07, "Simplifying the Transition to the Equity Method of Accounting." This update eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this update are effective for annual periods beginning after December 15, 2016, and interim periods thereafter. The Company adopted this standard effective January 1, 2017, with no impact to its results of operations, financial condition and cash flows.

Financial Accounting for Leases

In February 2016, the FASB issued ASU 2016-02, "Financial Accounting for Leases." Under this update, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP, which requires only capital leases to be recognized on the balance sheet, this ASU will require both types of leases to be recognized on the balance sheet. The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements. The update is effective for annual periods beginning after December 15, 2018, and interim periods thereafter. Early adoption is permitted. The Company is currently evaluating the effect this update may have on its results of operations, financial condition and cash flows.

Revenue from Contracts with Customers

In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers." Under ASU 2014-09, companies will be required to recognize revenue to depict the transfer of control for goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively (for example, service revenue and contract modifications) and modify guidance for multiple-element arrangements. In August 2015, the FASB issued ASU 2015-14, which deferred by one year the effective date of ASU 2014-09. The one year deferral of the effective date of this standard changed the effective date for the Company to January 1, 2018. Early adoption is permitted, but not before the original effective date. The FASB issued ASU 2016-08, "Principal versus Agent Considerations (Reporting Revenue Gross versus Net)" in March 2016, ASU 2016-10, "Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing" in April 2016, ASU 2016-12, "Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients," in May 2016, and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,” in December 2016. All of these amendments are intended to improve and clarify the implementation guidance of ASU 2014-09 and have the same effective date as the original standard.

The Company has reviewed a sample of contracts with its customers that represent approximately 50% of its consolidated annual revenues before reimbursements that the Company believes is representative of its significant revenue streams identified to date. The assessment of the impact on revenue and expenses based on these reviews to determine the impact to the Company’s results of operations, financial position and cash flows as a result of this guidance is ongoing. As the Company completes its overall assessment, it is also identifying and preparing to implement changes to its accounting policies and disclosure requirements. For example, the ASU requires increased disclosure, which in turn is expected to require certain new processes and system changes. The Company's evaluation indicates that process and system changes will be required to capture the amounts and expected timing of revenues to be recognized from the remaining performance obligations during and as of each reporting period. The Company expects to adopt this new standard as of January 1, 2018 using the modified retrospective method that may result in a cumulative effect adjustment as of the date of adoption.

Earnings per share

The Company computes earnings per share of its non-voting Class A Common Stock ("CRD-A") and voting Class B Common Stock ("CRD-B") using the two-class method, which allocates the undistributed earnings in each period to each class on a proportionate basis. The Company's Board of Directors has the right, but not the obligation, to declare higher dividends on the CRD-A shares than on the CRD-B shares, subject to certain limitations. In periods when the dividend is the same for CRD-A and CRD-B or when no dividends are declared or paid to either class, the two-class method generally will yield the same earnings per share for CRD-A and CRD-B. During the first two quarters of 2017 and 2016, the Board of Directors declared a higher dividend on CRD-A than on CRD-B.

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Defined Benefit Pension Plans (Tables)

6 Months Ended

Jun. 30, 2017

Defined Benefit Plan [Abstract]

Schedule of defined benefit plans disclosures

Net periodic benefit cost related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2017 and 2016 included the following components:

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Service cost	$	328		$	368		$	657		$	658
Interest cost	6,226			8,664			12,396			16,572
Expected return on assets	(8,964		)	(10,938		)	(17,928		)	(20,758		)
Amortization of actuarial loss	3,094			3,541			6,145			6,818
Net periodic benefit cost	$	684		$	1,635		$	1,270		$	3,290

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of earnings per share, basic

The computations of basic net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - basic:
Numerator:
Allocation of undistributed earnings	$	3,792	$	2,981	$	2,904	$	2,334	$	6,156	$	4,840	$	5,811	$	4,683
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, basic	$	5,985	$	4,216	$	5,059	$	3,568	$	10,556	$	7,309	$	10,105	$	7,152
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Earnings per share - basic	$	0.19	$	0.17	$	0.16	$	0.14	$	0.34	$	0.30	$	0.33	$	0.29

Schedule of earnings per share, diluted

The computations of diluted net income attributable to shareholders of Crawford & Company per common share were as follows:

	Three months ended								Six months ended
	June 30, 2017				June 30, 2016				June 30, 2017				June 30, 2016
(in thousands, except per share amounts)	CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B		CRD-A		CRD-B
Earnings per share - diluted:
Numerator:
Allocation of undistributed earnings	$	3,830	$	2,943	$	2,926	$	2,312	$	6,223	$	4,773	$	5,844	$	4,650
Dividends paid	2,193		1,235		2,155		1,234		4,400		2,469		4,294		2,469
Net income attributable to common shareholders, diluted	$	6,023	$	4,178	$	5,081	$	3,546	$	10,623	$	7,242	$	10,138	$	7,119
Denominator:
Weighted-average common shares outstanding, basic	31,394		24,678		30,725		24,690		31,401		24,684		30,635		24,690
Weighted-average effect of dilutive securities	725		—		528		—		780		—		396		—
Weighted-average common shares outstanding, diluted	32,119		24,678		31,253		24,690		32,181		24,684		31,031		24,690
Earnings per share - diluted	$	0.19	$	0.17	$	0.16	$	0.14	$	0.33	$	0.29	$	0.33	$	0.29

Schedule of antidilutive securities excluded from computation of earnings per share

Listed below are the shares excluded from the denominator in the above computation of diluted earnings per share for CRD-A because their inclusion would have been antidilutive:

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
Shares underlying stock options excluded due to the options' respective exercise prices being greater than the average stock price during the period	786	—	673	74
Performance stock grants excluded because performance conditions have not been met (1)	402	1,000	402	1,000

________________________________________________

⁽¹⁾  Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating earnings per share until the performance measurements have been achieved.

Schedule of shares issued under stock plans used in weighted average calc

The following table details shares issued during the three months and six months ended June 30, 2017 and June 30, 2016. These shares are included from their dates of issuance in the weighted-average common shares used to compute basic and diluted earnings per share for CRD-A in the table above. There were no shares of CRD-B issued during any of these periods.

	Three months ended		Six months ended
(in thousands)	June 30, 2017	June 30, 2016	June 30, 2017	June 30, 2016
CRD-A issued under Non-Employee Director Stock Plan	10	113	90	119
CRD-A issued under the U.K. ShareSave Scheme	57	134	59	141
CRD-A issued under the Executive Stock Bonus Plan	—	3	107	4
CRD-A issued under the 2016 Omnibus Stock and Incentive Plan	20	—	62	—

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Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive income (loss)

The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's unaudited condensed consolidated financial statements were as follows:

	Three months ended June 30, 2017									Six months ended June 30, 2017
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(31,757	)	$	(176,541	)	$	(208,298	)	$	(33,449	)	$	(178,324	)	$	(211,773	)
Other comprehensive income before reclassifications	523			—			523			2,215			—			2,215
Amounts reclassified from accumulated other comprehensive income	—			1,750			1,750			—			3,533			3,533
Net current period other comprehensive income	523			1,750			2,273			2,215			3,533			5,748
Ending balance	$	(31,234	)	$	(174,791	)	$	(206,025	)	$	(31,234	)	$	(174,791	)	$	(206,025	)

	Three months ended June 30, 2016									Six months ended June 30, 2016
(in thousands)	Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company			Foreign currency translation adjustments			Retirement liabilities (1)			AOCL attributable to shareholders of Crawford & Company
Beginning balance	$	(26,150	)	$	(196,143	)	$	(222,293	)	$	(24,347	)	$	(198,284	)	$	(222,631	)
Other comprehensive income before reclassifications	6,333			—			6,333			4,530			—			4,530
Amounts reclassified from accumulated other comprehensive income	—			2,141			2,141			—			4,282			4,282
Net current period other comprehensive income	6,333			2,141			8,474			4,530			4,282			8,812
Ending balance	$	(19,817	)	$	(194,002	)	$	(213,819	)	$	(19,817	)	$	(194,002	)	$	(213,819	)

________________________________________________

⁽¹⁾  Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Selling, general, and administrative expenses" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 5, "Defined Benefit Pension Plans" for additional details.

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of fair value, assets and liabilities measured on recurring basis

The following table presents the Company's assets that are measured at fair value on a recurring basis and that are categorized using the fair value hierarchy:

			Fair Value Measurements at June 30, 2017
					Significant Other		Significant
			Quoted Prices in		Observable		Unobservable
			Active Markets		Inputs		Inputs
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Money market funds (1)	$	10,098	$	10,098	$	—	$	—

________________________________________________

⁽¹⁾  The fair values of the money market funds were based on recently quoted market prices and reported transactions in an active marketplace. Money market funds are included in the Company's unaudited Condensed Consolidated Balance Sheets as "Cash and cash equivalents."

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Reconciliation of operating profit from segments to consolidated

Financial information for the three months and six months ended June 30, 2017 and 2016 related to the Company's reportable segments, including a reconciliation from segment operating earnings to income before income taxes, the most directly comparable GAAP financial measure, is presented below.

	Three months ended						Six months ended
(in thousands)	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Revenues:
U.S. Services	$	61,316		$	58,886		$	121,791		$	117,439
International	110,370			122,617			220,235			239,475
Broadspire	77,882			75,099			154,861			151,299
Garden City Group	19,679			25,741			39,627			51,364
Total segment revenues before reimbursements	269,247			282,343			536,514			559,577
Reimbursements	14,725			15,326			26,988			29,000
Total revenues	$	283,972		$	297,669		$	563,502		$	588,577
Segment Operating Earnings (Loss):
U.S. Services	$	11,133		$	9,560		$	16,650		$	18,589
International	10,293			11,125			19,517			18,407
Broadspire	8,899			6,529			15,995			15,234
Garden City Group	(1,653		)	2,558			(2,455		)	3,830
Total segment operating earnings	28,672			29,772			49,707			56,060
Add (Deduct):
Unallocated corporate and shared (costs) and credits, net	487			(5,889		)	(2,255		)	(10,507		)
Net corporate interest expense	(2,114		)	(2,523		)	(4,150		)	(5,291		)
Stock option expense	(457		)	(137		)	(874		)	(227		)
Amortization of customer-relationship intangible assets	(2,721		)	(2,420		)	(5,498		)	(4,879		)
Restructuring and special charges	(6,782		)	(3,526		)	(7,387		)	(5,943		)
Income before income taxes	$	17,085		$	15,277		$	29,543		$	29,213

Schedule of revenues by major service line

Revenues before reimbursements by major service line in the U.S. Services segment and the Broadspire segment are shown in the following table. It is not practicable to provide revenues by service line for the International segment. The Company considers all Garden City Group revenues to be derived from one service line.

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
U.S. Services
Claims Field Operations	$	22,268	$	20,193	$	43,369	$	40,706
Technical Services	6,927		7,203		14,133		13,929
Catastrophe Services	8,644		11,423		21,790		25,955
Subtotal U.S. Claims Services	37,839		38,819		79,292		80,590
Contractor Connection	21,250		20,067		38,341		36,849
WeGoLook	2,227		—		4,158		—
Total Revenues before Reimbursements--U.S. Services	$	61,316	$	58,886	$	121,791	$	117,439
Broadspire
Workers' Compensation, Disability and Liability Claims Management	$	33,606	$	31,670	$	66,589	$	63,882
Medical Management Services	40,792		39,923		81,359		80,284
Risk Management Information Services	3,484		3,506		6,913		7,133
Total Revenues before Reimbursements--Broadspire	$	77,882	$	75,099	$	154,861	$	151,299

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Restructuring and Special Charges (Tables)

6 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring and related costs

The following table shows the restructuring charges incurred by type of activity:

	Three months ended				Six months ended
(in thousands)	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Implementation and phase-in of the Centers	$	66	$	1,973	$	223	$	2,402
Restructuring and integration costs	6,716		716		6,716		1,603
Asset impairments and lease termination costs	—		337		448		1,165
Total restructuring charges	$	6,782	$	3,026	$	7,387	$	5,170

Costs associated with the restructuring and integration activities were primarily in U.S. administrative areas and the International segment and were predominantly for severance costs. Cost associated with the Centers were primarily for professional fees and severance costs.

As ofJune 30, 2017, the following liabilities remained on the Company's unaudited Condensed Consolidated Balance Sheets related to restructuring charges. Therollforward of these costs toJune 30, 2017were as follows:

	Three months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, March 31, 2017	$	2,743			$	595		$	—		$	1,524		$	4,862
Additions	—			—	6,688			94			—			6,782
Adjustments to accruals	(502		)		—			—			(431		)	(933		)
Cash payments	—				(2,087		)	(94		)	(24		)	(2,205		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

	Six months ended June 30, 2017
(in thousands)	Deferred rent				Accrued compensation and related costs			Accounts payable			Other accrued liabilities			Total
Beginning balance, December 31, 2016	$	3,066			$	1,525		$	617		$	1,949		$	7,157
Additions	—			—	6,833			94			460			7,387
Adjustments to accruals	(825		)		—			—			(431		)	(1,256		)
Cash payments	—				(3,162		)	(711		)	(909		)	(4,782		)
Ending balance, June 30, 2017	$	2,241			$	5,196		$	—		$	1,069		$	8,506

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Basis of Presentation (VIE) (Details) - Primary beneficiary - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Variable Interest Entity
Liabilities of the deferred compensation plan	$ 7,609	$ 9,385
Assets held in the related rabbi trust	$ 16,395	$ 16,227

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Basis of Presentation (Acquisition) (Details) - Lloyd Warwick International - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Business Acquisitions
Ownership percentage	51.00%
Variable interest entity, reporting entity involvement, maximum loss exposure, amount	$ 10,000
Asset carrying amount	9,696	$ 9,300
Liability carrying amount	10,683	10,554
Loan from parent
Business Acquisitions
Liability carrying amount	$ 8,780	$ 8,704

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Business Acquisition (Details) - USD ($)		3 Months Ended	6 Months Ended
	Jan. 04, 2017	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	[1]
Business Acquisitions
Goodwill		$ 116,488,000	$ 116,488,000	$ 91,750,000
Redeemable noncontrolling interests		7,362,000	7,362,000	$ 0
We Go Look, LLC
Business Acquisitions
Business acquisition, percentage of voting interests acquired	85.00%
Payments to acquire businesses, gross	$ 36,125,000
Business combination, recognized identifiable assets acquired and liabilities assumed, net	1,064,000
Business combination, recognized identifiable assets acquired and liabilities assumed, cash and cash equivalents	$ 100,000
Noncontrolling interest, ownership percentage by noncontrolling ownership	15.00%
Finite-lived intangible assets acquired	$ 17,794,000
Amortization of acquisition costs		643,000	1,287,000
Goodwill	23,977,000
Redeemable noncontrolling interests	$ 7,743,000
Revenues		$ 2,227,000	4,158,000
We Go Look, LLC | Minimum
Business Acquisitions
Acquired finite-lived intangible assets, weighted average useful life	3 years
We Go Look, LLC | Maximum
Business Acquisitions
Acquired finite-lived intangible assets, weighted average useful life	10 years
Post-closing period | We Go Look, LLC
Business Acquisitions
Business combination, indemnification assets, amount as of acquisition date	$ 250,000
Indemnification period 1 | We Go Look, LLC
Business Acquisitions
Business combination, indemnification assets, amount as of acquisition date	$ 800,000
Business combination, indemnification period	15 months
Business combination, amounts released from escrow			$ 0
Indemnification period 2 | We Go Look, LLC
Business Acquisitions
Business combination, indemnification assets, amount as of acquisition date	$ 1,000,000
Business combination, indemnification period	24 months

[1] Derived from the audited Consolidated Balance Sheet

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Recently Issued Accounting Standards (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	[1]
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment of ASU 2016-09			$ 692,000
Increase to deferred tax assets as a result of adoption of ASU 2016-09	$ 28,764,000	$ 28,764,000		$ 30,379,000
Tax benefit related to adoption of ASU 2016-09	$ 38,000	$ (200,000)
Accounting Standards Update 2016-09
New Accounting Pronouncement, Early Adoption [Line Items]
Increase to deferred tax assets as a result of adoption of ASU 2016-09			692,000
Retained Earnings
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment of ASU 2016-09			692,000
Retained Earnings | Accounting Standards Update 2016-09
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment of ASU 2016-09			$ 692,000

[1] Derived from the audited Consolidated Balance Sheet

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Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2017
Effective income tax rate reconciliation, percent			39.40%	39.10%
Provision for income taxes	$ 6,812	$ 6,116	$ 11,647	$ 11,423
Scenario, forecast
Effective income tax rate reconciliation, percent					37.00%

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Defined Benefit Pension Plans (Defined Benefit Plans) (Details) - Pension Plan - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 328	$ 368	$ 657	$ 658
Interest cost	6,226	8,664	12,396	16,572
Expected return on assets	(8,964)	(10,938)	(17,928)	(20,758)
Amortization of actuarial loss	3,094	3,541	6,145	6,818
Net periodic benefit cost	$ 684	$ 1,635	$ 1,270	$ 3,290

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Defined Benefit Pension Plans (Narrative) (Details) - Pension Plan - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Contributions by employer	$ 6,000	$ 6,000
Estimated future employer contributions	3,000
U.K. Plans
Defined Benefit Plan Disclosure [Line Items]
Contributions by employer	2,658	$ 3,072
Estimated future employer contributions	$ 2,707

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Schedule of Earnings Per Share, Basic) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Class A Non-Voting
Numerator:
Allocation of undistributed earnings	$ 3,792	$ 2,904	$ 6,156	$ 5,811
Dividends paid	2,193	2,155	4,400	4,294
Net income attributable to common shareholders, basic	$ 5,985	$ 5,059	$ 10,556	$ 10,105
Denominator:
Weighted-average common shares outstanding, basic	31,394	30,725	31,401	30,635
Earnings per share - basic (usd per share)	$ 0.19	$ 0.16	$ 0.34	$ 0.33
Class B Voting
Numerator:
Allocation of undistributed earnings	$ 2,981	$ 2,334	$ 4,840	$ 4,683
Dividends paid	1,235	1,234	2,469	2,469
Net income attributable to common shareholders, basic	$ 4,216	$ 3,568	$ 7,309	$ 7,152
Denominator:
Weighted-average common shares outstanding, basic	24,678	24,690	24,684	24,690
Earnings per share - basic (usd per share)	$ 0.17	$ 0.14	$ 0.30	$ 0.29

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Schedule of Earnings Per Share, Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Class A Non-Voting
Numerator:
Allocation of undistributed earnings	$ 3,830	$ 2,926	$ 6,223	$ 5,844
Dividends paid	2,193	2,155	4,400	4,294
Net income attributable to common shareholders, diluted	$ 6,023	$ 5,081	$ 10,623	$ 10,138
Denominator:
Weighted-average common shares outstanding, basic	31,394	30,725	31,401	30,635
Weighted-average number of dilutive securities (shares)	725	528	780	396
Weighted-average common shares outstanding, diluted	32,119	31,253	32,181	31,031
Earnings per share - diluted (usd per share)	$ 0.19	$ 0.16	$ 0.33	$ 0.33
Class B Voting
Numerator:
Allocation of undistributed earnings	$ 2,943	$ 2,312	$ 4,773	$ 4,650
Dividends paid	1,235	1,234	2,469	2,469
Net income attributable to common shareholders, diluted	$ 4,178	$ 3,546	$ 7,242	$ 7,119
Denominator:
Weighted-average common shares outstanding, basic	24,678	24,690	24,684	24,690
Weighted-average number of dilutive securities (shares)	0	0	0	0
Weighted-average common shares outstanding, diluted	24,678	24,690	24,684	24,690
Earnings per share - diluted (usd per share)	$ 0.17	$ 0.14	$ 0.29	$ 0.29

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Antidilutive Securities) (Details) - shares shares in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Shares underlying stock options excluded due to the options' respective exercise prices being greater than the average stock price during the period
Antidilutive Securities Excluded from Computation of (Loss) Earnings Per Share
Shares excluded from diluted earnings per share (shares)		786	0	673	74
Performance stock grants excluded because performance conditions had not been met
Antidilutive Securities Excluded from Computation of (Loss) Earnings Per Share
Shares excluded from diluted earnings per share (shares)	[1]	402	1,000	402	1,000

[1] Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating earnings per share until the performance measurements have been achieved.

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Weighted Average Shares Issued) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Class A Non-Voting | CRD-A issued under Non-Employee Director Stock Plan
Share-based Compensation Arrangement
Stock issued during period (shares)	10,000	113,000	90,000	119,000
Class A Non-Voting | CRD-A issued under the U.K. ShareSave Scheme
Share-based Compensation Arrangement
Stock issued during period (shares)	57,000	134,000	59,000	141,000
Class A Non-Voting | CRD-A issued under the Executive Stock Bonus Plan
Share-based Compensation Arrangement
Stock issued during period (shares)	0	3,000	107,000	4,000
Class A Non-Voting | CRD-A issued under the 2016 Omnibus Stock and Incentive Plan
Share-based Compensation Arrangement
Stock issued during period (shares)	20,000	0	62,000	0
Class B Voting
Share-based Compensation Arrangement
Stock issued during period (shares)	0	0	0	0

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Net Income Attributable to Shareholders of Crawford & Company per Common Share (Narrative) (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Aug. 31, 2014
Class A Non-Voting
Equity, Class of Treasury Stock
Shares repurchased (shares)	356,320	0	356,320	0
Average cost (usd per share)	$ 8.42		$ 8.42
Class B Voting
Equity, Class of Treasury Stock
Shares repurchased (shares)	48,488	0	48,488	0
Average cost (usd per share)	$ 8.96		$ 8.96
Repurchase Authorization 2014 | Common Stock
Equity, Class of Treasury Stock
Number of shares authorized to be repurchased (shares)					2,000,000
Number of shares remaining to be repurchased (shares)	1,050,492		1,050,492

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Accumulated Other Comprehensive Loss (Rollforward of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands		3 Months Ended								6 Months Ended
		Jun. 30, 2017		Mar. 31, 2017		Jun. 30, 2016		Mar. 31, 2016		Jun. 30, 2017		Jun. 30, 2016
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		$ 167,194		$ 159,264	[1]	$ 126,088		$ 124,351		$ 159,264	[1]	$ 124,351
Other Comprehensive Income		2,403		2,661		8,005		(276)		5,064		7,729
Ending balance		176,004		167,194		141,501		126,088		176,004		141,501
Foreign currency translation adjustments
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(31,757)		(33,449)		(26,150)		(24,347)		(33,449)		(24,347)
Other comprehensive income before reclassifications		523				6,333				2,215		4,530
Amounts reclassified from accumulated other comprehensive income		0				0				0		0
Other Comprehensive Income		523				6,333				2,215		4,530
Ending balance		(31,234)		(31,757)		(19,817)		(26,150)		(31,234)		(19,817)
Retirement liabilities
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(176,541)	[2]	(178,324)	[3]	(196,143)	[3]	(198,284)	[3]	(178,324)	[3]	(198,284)	[3]
Other comprehensive income before reclassifications		0	[2]			0	[3]			0	[3]	0	[3]
Amounts reclassified from accumulated other comprehensive income		1,750	[2]			2,141	[2]			3,533	[3]	4,282	[3]
Other Comprehensive Income	[3]	1,750				2,141				3,533		4,282
Ending balance		(174,791)	[3]	(176,541)	[2]	(194,002)	[3]	(196,143)	[3]	(174,791)	[3]	(194,002)	[3]
AOCL attributable to shareholders of Crawford & Company
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(208,298)		(211,773)		(222,293)		(222,631)		(211,773)		(222,631)
Other comprehensive income before reclassifications		523				6,333				2,215		4,530
Amounts reclassified from accumulated other comprehensive income		1,750				2,141				3,533		4,282
Other Comprehensive Income		2,273		3,475		8,474		338		5,748		8,812
Ending balance		$ (206,025)		$ (208,298)		$ (213,819)		$ (222,293)		$ (206,025)		$ (213,819)

[1] Derived from the audited Consolidated Balance Sheet

[2] Compensation cost is recognized for these performance stock grants based on expected achievement rates; however, no consideration is given to these performance stock grants when calculating earnings per share until the performance measurements have been achieved.

[3] Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Selling, general, and administrative expenses" in the Company's unaudited Condensed Consolidated Statements of Operations. See Note 5, "Defined Benefit Pension Plans" for additional details.

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Fair Value Measurements (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Assets:
Debt instrument, variable interest rate duration between resets	90 days
Cash and cash equivalents | Measured on a recurring basis
Assets:
Money market funds	$ 10,098	[1]
Cash and cash equivalents | Level 1 | Measured on a recurring basis
Assets:
Money market funds	10,098	[1]
Cash and cash equivalents | Level 2 | Measured on a recurring basis
Assets:
Money market funds	0	[1]
Cash and cash equivalents | Level 3 | Measured on a recurring basis
Assets:
Money market funds	$ 0	[1]

[1] The fair values of the money market funds were based on recently quoted market prices and reported transactions in an active marketplace. Money market funds are included in the Company's unaudited Condensed Consolidated Balance Sheets as "Cash and cash equivalents."

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Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2017 USD ($) segment	Jun. 30, 2016 USD ($)
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	$ 269,247	$ 282,343	$ 536,514	$ 559,577
Reimbursements	14,725	15,326	26,988	29,000
Total revenues	283,972	297,669	563,502	588,577
Net corporate interest expense	(2,114)	(2,523)	(4,150)	(5,291)
Restructuring and special charges	(6,782)	(3,526)	(7,387)	(5,943)
Income before income taxes	17,085	15,277	$ 29,543	29,213
Number of operating segments (segments) | segment			4
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Total segment operating earnings	28,672	29,772	$ 49,707	56,060
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Unallocated corporate and shared (costs) and credits, net	487	(5,889)	(2,255)	(10,507)
Net corporate interest expense	(2,114)	(2,523)	(4,150)	(5,291)
Stock option expense	(457)	(137)	(874)	(227)
Restructuring and special charges		(3,526)	(7,387)	(5,943)
U.S. Services
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	61,316	58,886	121,791	117,439
U.S. Services | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	61,316	58,886	121,791	117,439
Total segment operating earnings	11,133	9,560	16,650	18,589
International | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	110,370	122,617	220,235	239,475
Total segment operating earnings	10,293	11,125	19,517	18,407
Broadspire
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	77,882	75,099	154,861	151,299
Broadspire | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	77,882	75,099	154,861	151,299
Total segment operating earnings	8,899	6,529	15,995	15,234
Garden City Group | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Revenues before reimbursements	19,679	25,741	39,627	51,364
Total segment operating earnings	(1,653)	2,558	(2,455)	3,830
Customer Relationships and Trade Names | Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit from Segment to Consolidated
Amortization of customer-relationship intangible assets	$ (2,721)	$ (2,420)	$ (5,498)	$ (4,879)

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Segment Information (Revenues By Major Service Line) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue from External Customer
Revenues before reimbursements	$ 269,247	$ 282,343	$ 536,514	$ 559,577
U.S. Services
Revenue from External Customer
Revenues before reimbursements	61,316	58,886	121,791	117,439
Broadspire
Revenue from External Customer
Revenues before reimbursements	77,882	75,099	154,861	151,299
Claims Field Operations | U.S. Services
Revenue from External Customer
Revenues before reimbursements	22,268	20,193	43,369	40,706
Technical Services | U.S. Services
Revenue from External Customer
Revenues before reimbursements	6,927	7,203	14,133	13,929
Catastrophe Services | U.S. Services
Revenue from External Customer
Revenues before reimbursements	8,644	11,423	21,790	25,955
Subtotal U.S. Claims Services | U.S. Services
Revenue from External Customer
Revenues before reimbursements	37,839	38,819	79,292	80,590
Contractor Connection | U.S. Services
Revenue from External Customer
Revenues before reimbursements	21,250	20,067	38,341	36,849
WeGoLook | U.S. Services
Revenue from External Customer
Revenues before reimbursements	2,227	0	4,158	0
Workers' Compensation, Disability and Liability Claims Management | Broadspire
Revenue from External Customer
Revenues before reimbursements	33,606	31,670	66,589	63,882
Medical Management Services | Broadspire
Revenue from External Customer
Revenues before reimbursements	40,792	39,923	81,359	80,284
Risk Management Information Services | Broadspire
Revenue from External Customer
Revenues before reimbursements	$ 3,484	$ 3,506	$ 6,913	$ 7,133

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Commitments and Contingencies (Details) $ in Thousands	Jun. 30, 2017 USD ($)
Letter of Credit
Loss Contingencies
Letters of credit outstanding amount	$ 14,470

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Restructuring and Special Charges (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Restructuring and Special Charges
Restructuring and special charges	$ 6,782,000	$ 3,526,000	$ 7,387,000	$ 5,943,000
Restructuring charges incurred	6,782,000	3,026,000	7,387,000	5,170,000
Implementation and phase-in of the Centers
Restructuring and Special Charges
Restructuring charges incurred	66,000	1,973,000	223,000	2,402,000
Restructuring and integration costs
Restructuring and Special Charges
Restructuring charges incurred	6,716,000	716,000	6,716,000	1,603,000
Asset impairments and lease termination costs
Restructuring and Special Charges
Restructuring charges incurred	0	337,000	448,000	1,165,000
Special Charges
Restructuring and Special Charges
Legal and professional fees	$ 0	$ 500,000	$ 0	$ 773,000

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Restructuring and Special Charges (Rollforward of Accrued Liabilities) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Restructuring Reserve [Roll Forward]
Beginning balance	$ 4,862		$ 7,157
Additions	6,782	$ 3,026	7,387	$ 5,170
Adjustments to accruals	(933)		(1,256)
Cash payments	(2,205)		(4,782)
Ending balance	8,506		8,506
Deferred rent
Restructuring Reserve [Roll Forward]
Beginning balance	2,743		3,066
Additions	0		0
Adjustments to accruals	(502)		(825)
Cash payments	0		0
Ending balance	2,241		2,241
Accrued compensation and related costs
Restructuring Reserve [Roll Forward]
Beginning balance	595		1,525
Additions	6,688		6,833
Adjustments to accruals	0		0
Cash payments	(2,087)		(3,162)
Ending balance	5,196		5,196
Accounts payable
Restructuring Reserve [Roll Forward]
Beginning balance	0		617
Additions	94		94
Adjustments to accruals	0		0
Cash payments	(94)		(711)
Ending balance	0		0
Other accrued liabilities
Restructuring Reserve [Roll Forward]
Beginning balance	1,524		1,949
Additions	0		460
Adjustments to accruals	(431)		(431)
Cash payments	(24)		(909)
Ending balance	$ 1,069		$ 1,069