Common Stock and (Loss) Earnings per Share (Tables)
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12 Months Ended |
Dec. 31, 2015 |
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| Earnings Per Share [Abstract] |
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| Schedule of (loss) earnings per share, basic |
The computations of basic net (loss) income attributable to shareholders of Crawford & Company per common share were as follows: | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | 2015 | | 2014 | | 2013 | | CRDA | CRDB | | CRDA | CRDB | | CRDA | CRDB | | (In thousands, except (loss) earnings per share) | (Loss) earnings per share - basic: | | | | | | | | | Numerator: | | | | | | | | | Allocation of undistributed (loss) earnings | $ | (32,651 | ) | $ | (26,348 | ) | | $ | 10,408 |
| $ | 8,499 |
| | $ | 23,063 |
| $ | 19,075 |
| Dividends paid | 8,573 |
| 4,938 |
| | 7,273 |
| 4,444 |
| | 5,384 |
| 3,456 |
| Net (loss) income available to common shareholders, basic | (24,078 | ) | (21,410 | ) | | 17,681 |
| 12,943 |
| | 28,447 |
| 22,531 |
| Denominator: | | | | | | | | | Weighted-average common shares outstanding, basic | 30,596 |
| 24,690 |
| | 30,237 |
| 24,690 |
| | 29,853 |
| 24,690 |
| (Loss) earnings per share - basic | $ | (0.79 | ) | $ | (0.87 | ) | | $ | 0.58 |
| $ | 0.52 |
| | $ | 0.95 |
| $ | 0.91 |
|
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| Schedule of (loss) earnings per share, diluted |
The computations of diluted net (loss) income attributable to shareholders of Crawford & Company per common share were as follows: | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | 2015 | | 2014 | | 2013 | | CRDA | CRDB | | CRDA | CRDB | | CRDA | CRDB | | (In thousands, except (loss) earnings per share) | (Loss) earnings per share - diluted: | | | | | | | | | Numerator: | | | | | | | | | Allocation of undistributed (loss) earnings | $ | (32,651 | ) | $ | (26,348 | ) | | $ | 10,522 |
| $ | 8,385 |
| | $ | 23,407 |
| $ | 18,731 |
| Dividends paid | 8,573 |
| 4,938 |
| | 7,273 |
| 4,444 |
| | 5,384 |
| 3,456 |
| Net (loss) income available to common shareholders, diluted | (24,078 | ) | (21,410 | ) | | 17,795 |
| 12,829 |
| | 28,791 |
| 22,187 |
| Denominator: | | | | | | | | | Weighted-average common shares outstanding, basic | 30,596 |
| 24,690 |
| | 30,237 |
| 24,690 |
| | 29,853 |
| 24,690 |
| Weighted-average effect of dilutive securities (1) | — |
| — |
| | 746 |
| — |
| | 1,002 |
| — |
| Weighted-average number of shares outstanding, diluted | 30,596 |
| 24,690 |
| | 30,983 |
| 24,690 |
| | 30,855 |
| 24,690 |
| (Loss) earnings per share - diluted | $ | (0.79 | ) | $ | (0.87 | ) | | $ | 0.57 |
| $ | 0.52 |
| | $ | 0.93 |
| $ | 0.90 |
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| | (1) | For the year ended December 31, 2015, the Company excluded from its loss per share calculations all common share equivalents because their inclusion would have been anti-dilutive. The weighted-average number of these common share equivalents for the year ended December 31, 2015 totaled approximately 494,000. |
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| 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 (loss) earnings per share for CRDA because their inclusion would have been antidilutive: | | | | | | | | | | Year Ended December 31, | 2015 | | 2014 | | 2013 | | (In thousands) | Shares underlying stock options excluded due to the options' respective exercise prices being greater than the average stock price during the period | 24 |
| | — |
| | 1,212 |
| Performance stock grants excluded because performance conditions had not been met (1) | 1,045 |
| | 1,568 |
| | 1,290 |
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| | (1) | Compensation cost is recognized for these performance stock grants based on expected achievement rates; however no consideration is given for these performance stock grants when calculating earnings per share until the performance measurements have actually been achieved. As of December 31, 2015, these performance measurements had not been achieved. |
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