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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets [Abstract]  
Goodwill and Intangible Assets
(7) Goodwill and Intangible Assets

Changes in goodwill by operating segment for the three months ended March 31, 2015 are as follows (in thousands):

  
Supply Chain Management
  
IT, Energy and Management Consulting
  
Aviation
  
Total
 
 Balance as of December 31, 2014
 
$
61,169
  
$
30,883
  
$
-
  
$
92,052
 
 Increase from the Aviation Acquisition
  
-
   
-
  
$
101,720
  
$
101,720
 
 Balance as of March 31, 2015
 
$
61,169
  
$
30,883
  
$
101,720
  
$
193,772
 

Intangible assets consist of the value of contract-related assets, acquired technologies and trade names. Amortization expense was approximately $3.6 million and $2.5 million for the three-month periods ended March 31, 2015 and 2014, respectively.
 
Intangible assets were comprised of the following (in thousands):

  
Cost
  
Accumulated Amortization
  
Accumulated
Impairment Loss
  
Net Intangible Assets
 
March 31, 2015
        
Contract and customer-related
 
$
179,004
  
$
(36,796
)
 
$
(1,025
)
 
$
141,183
 
Acquired technologies
  
12,400
   
(4,306
)
  
-
   
8,094
 
Trade names – amortizable
  
17,600
   
(5,108
)
  
-
   
12,492
 
    Total
 
$
209,004
  
$
(46,210
)
 
$
(1,025
)
 
$
161,769
 
                 
December 31, 2014
                
Contract and customer-related
 
$
93,304
  
$
(33,840
)
 
$
(1,025
)
 
$
58,439
 
Acquired technologies
  
12,400
   
(4,024
)
  
-
   
8,376
 
Trade names – amortizable
  
10,100
   
(4,706
)
  
-
   
5,394
 
    Total
 
$
115,804
  
$
(42,570
)
 
$
(1,025
)
 
$
72,209