Financial Performance - Total revenues for the year ended December 31, 2022, were $1,189,480,000, representing an increase from $1,102,030,000 in 2021[243] - The net loss for the year ended December 31, 2022, was $18,532,000, compared to a net income of $30,548,000 in 2021[251] - The company reported a comprehensive loss of $53,145,000 for 2022, compared to a comprehensive income of $48,955,000 in 2021[251] Cash and Assets - Cash and cash equivalents decreased to $46,007,000 in 2022 from $53,228,000 in 2021[254] - Accounts receivable increased to $141,106,000 in 2022, up from $134,458,000 in 2021[254] - Total assets decreased to $791,507,000 in 2022 from $852,639,000 in 2021[254] Goodwill and Impairment - Goodwill decreased to $76,622,000 in 2022 from $116,526,000 in 2021, indicating potential impairment or divestitures[254] Wage Subsidies - The company recognized $5,850,000 and $13,830,000 in wage subsidies in 2021 and 2020, respectively, but did not recognize any in 2022[265] Market Risk - The company has market risk exposure to changes in interest rates, with a potential change in pretax interest expense of $2.4 million for 2022 if rates changed by 100 basis points[245] Ownership Interests - The company has controlling ownership interests in several entities, impacting its consolidated financial statements[263]
Crawford(CRD_A) - 2022 Q4 - Annual Report