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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2017
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in carrying amount of goodwill

The preliminary summary of changes in goodwill follows for the six months ended June 30, 2017 (in thousands).

 

 

 

 

 

 

 

 

 

 

 

 

    

Flatbed

    

Specialized

    

Total

Goodwill balance at December 31, 2016

 

 

46,660

 

 

42,375

 

 

89,035

Preliminary goodwill acquired

 

 

 —

 

 

18,958

 

 

18,958

Foreign currency translation adjustment

 

 

 —

 

 

420

 

 

420

Goodwill balance at June 30, 2017

 

$

46,660

 

$

61,753

 

$

108,413

 

Schedule of other intangible assets

Intangible assets consisted of the following at June 30, 2017 and December 31, 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2017

 

As of December 31, 2016

 

    

Intangible

    

Accumulated

    

Intangible

    

Intangible

    

Accumulated

    

Intangible

 

 

Assets

 

Amortization

 

Assets, net

 

Assets

 

Amortization

 

Assets, net

Non-competition agreements

 

$

8,350

 

$

(4,619)

 

$

3,731

 

$

8,350

 

$

(3,929)

 

$

4,421

Customer relationships

 

 

56,210

 

 

(21,273)

 

 

34,937

 

 

56,210

 

 

(19,078)

 

 

37,132

Trade names

 

 

30,100

 

 

 —

 

 

30,100

 

 

30,100

 

 

 —

 

 

30,100

Total intangible assets

 

$

94,660

 

$

(25,892)

 

$

68,768

 

$

94,660

 

$

(23,007)

 

$

71,653