Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Operating Segment

Changes in goodwill for the years ended December 31, 2023 and 2022 by operating segment were as follows (in thousands):

	Fleet		Aviation		Total
Balance as of December 31, 2021	$	63,190	$	154,072	$	217,262
Balance as of December 31, 2022	$	63,190	$	154,072	$	217,262
Goodwill acquired	—		134,519		134,519
Balance as of December 31, 2023	$	63,190	$	288,591	$	351,781

Intangible Assets

Intangible assets consisted of the following (in thousands):

	Cost		Accumulated Amortization		Net Intangible Assets
December 31, 2023
Contract and customer-related	$	241,090	$	(127,022)	$	114,068
Trade names	8,670		(8,608)		62
Total	$	249,760	$	(135,630)	$	114,130
December 31, 2022
Contract and customer-related	$	199,140	$	(113,796)	$	85,344
Trade names	8,670		(7,456)		1,214
Total	$	207,810	$	(121,252)	$	86,558

Future Amortization of Intangible Assets

The estimated future annual amortization expense related to intangible assets are as follows (in thousands):

Year Ending December 31,
2024	$	13,313
2025	13,278
2026	13,154
2027	11,407
2028	10,574
Thereafter	52,404
Total	$	114,130