Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Operating Segment

Changes in the carrying amount of goodwill by segment for the three months ended March 31, 2024 were as follows (in thousands):

	Aviation		Fleet		Total
Balance as of December 31, 2023	$	288,591	$	63,190	$	351,781
Measurement period adjustment	(669)		—		(669)
Balance as of March 31, 2024	$	287,922	$	63,190	$	351,112

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

	Cost		Accumulated Amortization		Net Intangible Assets
March 31, 2024
Contract and customer-related	$	171,690	$	(60,941)	$	110,749
Trade names	8,670		(8,670)		—
Total	$	180,360	$	(69,611)	$	110,749
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

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of March 31, 2024, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):

Year Ending	Amount
Remainder of 2024	$	9,958
2025	13,278
2026	13,154
2027	11,407
2028	10,574
Thereafter	52,378
Total	$	110,749