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Goodwill and Other Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Other Intangible Assets, net  
Schedule of changes in carrying amount of goodwill

 

 

 

 

 

    

Permian Basin

Balance at January 1, 2018

 

$

8,065

Acquisition of Signor

 

 

26,115

Balance at December 31, 2018

 

 

34,180

Acquisition of Superior

 

 

6,858

Balance at December 31, 2019

 

$

41,038

 

Schedule of intangible assets other than goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

Weighted

 

Gross

 

 

 

 

 

 

 

average

 

Carrying

 

Accumulated

 

Net Book

 

    

remaining lives

    

Amount

    

Amortization

    

Value

Intangible assets subject to amortization

    

  

    

 

  

    

 

  

    

 

  

Customer relationships

 

7.4

 

$

132,720

 

$

(31,254)

 

$

101,466

Non-compete agreements

 

 —

 

 

11,400

 

 

(11,400)

 

 

 —

Total  

 

 

 

 

144,120

 

 

(42,654)

 

 

101,466

Indefinite lived assets:

 

  

 

 

  

 

 

  

 

 

  

Tradenames

 

  

 

 

16,400

 

 

 —

 

 

16,400

Total intangible assets other than goodwill

 

  

 

$

160,520

 

$

(42,654)

 

$

117,866

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

Weighted

 

Gross

 

 

 

 

 

 

 

average

 

Carrying

 

Accumulated

 

Net Book

 

    

remaining lives

    

Amount

    

Amortization

    

Value

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

    

8.3

    

$

127,920

    

$

(16,937)

    

$

110,983

Non-compete agreements

 

 —

 

 

11,400

 

 

(11,400)

 

 

 —

Total  

 

 

 

 

139,320

 

 

(28,337)

 

 

110,983

Indefinite lived assets:

 

  

 

 

  

 

 

  

 

 

  

Tradenames

 

  

 

 

16,400

 

 

 —

 

 

16,400

Total intangible assets other than goodwill

 

  

 

$

155,720

 

$

(28,337)

 

$

127,383

 

Schedule of estimated aggregate amortization expense

 

 

 

 

2020

    

$

14,656

2021

 

 

14,656

2022

 

 

13,302

2023

 

 

12,881

2024

 

 

12,881

Thereafter

 

 

33,090

Total

 

$

101,466