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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets [Abstract]  
Goodwill and Intangible Assets
(7) Goodwill and Intangible Assets

There were no changes in goodwill for the six months ended June 30, 2016. Goodwill by operating segment is as follows (in thousands):

  
Supply Chain Management
  
IT, Energy and Management Consulting
  
Aviation
  
Total
 
 Balance as of December 31, 2015
 
$
63,113
  
$
30,883
  
$
104,549
  
$
198,545
 
                 
 Balance as of June 30, 2016
 
$
63,113
  
$
30,883
  
$
104,549
  
$
198,545
 

Intangible assets consist of the value of contract-related assets, acquired technologies and trade names. Amortization expense was approximately $4.0 million and $8.0 million for the three and six months ended June 30, 2016 and approximately $4.1 million and $7.7 million for the three and six months ended June 30, 2015, respectively.

Intangible assets were comprised of the following (in thousands):

  
Cost
  
Accumulated Amortization
  
Accumulated
Impairment Loss
  
Net Intangible Assets
 
June 30, 2016
            
Contract and customer-related
 
$
173,084
  
$
(53,211
)
 
$
(1,025
)
 
$
118,848
 
Acquired technologies
  
12,400
   
(5,715
)
  
-
   
6,685
 
Trade names – amortizable
  
16,730
   
(7,261
)
  
-
   
9,469
 
    Total
 
$
202,214
  
$
(66,187
)
 
$
(1,025
)
 
$
135,002
 
                 
December 31, 2015
                
Contract and customer-related
 
$
173,084
  
$
(46,611
)
 
$
(1,025
)
 
$
125,448
 
Acquired technologies
  
12,400
   
(5,151
)
  
-
   
7,249
 
Trade names – amortizable
  
16,730
   
(6,384
)
  
-
   
10,346
 
    Total
 
$
202,214
  
$
(58,146
)
 
$
(1,025
)
 
$
143,043