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

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

 

 

 

 

 

 

 

 

 

 

 

 

    

Flatbed

    

Specialized

    

Total

Goodwill balance at December 31, 2016

 

 

46,660

 

 

42,375

 

 

89,035

Goodwill acquired and adjustments to previously recorded goodwill

 

 

 —

 

 

50,207

 

 

50,207

Foreign currency translation adjustment

 

 

 —

 

 

647

 

 

647

Goodwill balance at September 30, 2017

 

$

46,660

 

$

93,229

 

$

139,889

 

Schedule of other intangible assets

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30, 2017

 

As of December 31, 2016

 

    

Intangible

    

Accumulated

    

Intangible

    

Intangible

    

Accumulated

    

Intangible

 

 

Assets

 

Amortization

 

Assets, net

 

Assets

 

Amortization

 

Assets, net

Non-competition agreements

 

$

10,900

 

$

(5,175)

 

$

5,725

 

$

8,350

 

$

(3,929)

 

$

4,421

Customer relationships

 

 

59,190

 

 

(22,471)

 

 

36,719

 

 

56,210

 

 

(19,078)

 

 

37,132

Trade names

 

 

34,780

 

 

 —

 

 

34,780

 

 

30,100

 

 

 —

 

 

30,100

Foreign currency translation adjustment

 

 

 —

 

 

317

 

 

317

 

 

 —

 

 

 —

 

 

 —

Total intangible assets

 

$

104,870

 

$

(27,329)

 

$

77,541

 

$

94,660

 

$

(23,007)

 

$

71,653