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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Sensitivity Analysis of Fair Value of Reporting Units
The table below provides a sensitivity analysis for the Domestic and International Logistics reporting unit, which shows the estimated fair value impacts related to a 50-basis point increase or decrease in the discount and long-term growth rates used in the valuation as of July 1, 2019.
 
Approximate Percent Change in Estimated Fair Value
 
+/- 50 bps Discount Rate
 
+/- 50bps Growth Rate
 
 
 
 
Domestic and International Logistics reporting unit
(3.6%) / 2.6%
 
1.0% / (2.6%)
Rollforward of goodwill by reportable segment
 
 
 
Active
 

 
 
 
 
 
Ascent
 
On-Demand
 
LTL
 
TL
 
Total
Balance as of December 31, 2018
$
171,900

 
$

 
$

 
$
92,926

 
$
264,826

  Goodwill impairment charges
(34,528
)
 

 

 
(92,926
)
 
(127,454
)
Balance as of September 30, 2019
$
137,372

 
$

 
$

 
$

 
$
137,372

Schedule of Accumulated Impairment Loss
 
 
 
Active
 
 
 
 
 
 
 
Ascent
 
On-Demand
 
LTL
 
TL
 
Total
Balance as of December 31, 2018
$
46,763

 
$

 
$
197,312

 
$
132,408

 
$
376,483

  Goodwill impairment charges
34,528

 

 

 
92,926

 
127,454

Balance as of September 30, 2019
$
81,291

 
$

 
$
197,312

 
$
225,334

 
$
503,937

Intangible assets
 
September 30, 2019
 
December 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
Ascent
$
27,152

 
$
(19,045
)
 
$
8,107

 
$
27,152

 
$
(17,248
)
 
$
9,904

Active On-Demand
31,547

 
(13,067
)
 
18,480

 
31,547

 
(11,139
)
 
20,408

LTL
800

 
(800
)
 

 
2,498

 
(1,925
)
 
573

TL
12,661

 
(8,254
)
 
4,407

 
23,461

 
(11,820
)
 
11,641

Total
$
72,160

 
$
(41,166
)
 
$
30,994

 
$
84,658

 
$
(42,132
)
 
$
42,526

Estimated amortization expense
Estimated amortization expense for each of the next five years based on intangible assets as of September 30, 2019 is as follows (in thousands):
Remainder 2019
$
1,355

2020
5,386

2021
5,223

2022
4,820

2023
4,561

Thereafter
9,649

Total
$
30,994