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Goodwill and Other Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Other Intangible Assets, net  
Schedule of changes in carrying amount of goodwill

 

 

 

 

 

    

Permian Basin

Balance at January 1, 2019

 

$

34,180

Acquisition of Superior

 

 

6,858

Balance at December 31, 2019

 

 

41,038

Changes in Goodwill

 

 

 -

Balance at March 31, 2020

 

$

41,038

 

Schedule of intangible assets other than goodwill

Intangible assets other than goodwill at the dates indicated below consisted of the following:

Intangible assets other than goodwill at the dates indicated below consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2020

 

 

Weighted

 

Gross

 

 

 

 

 

 

 

average

 

Carrying

 

Accumulated

 

Net Book

 

    

remaining lives

    

Amount

    

Amortization

    

Value

Intangible assets subject to amortization

    

  

    

 

  

    

 

  

    

 

  

Customer relationships

 

8.1

 

$

132,720

 

$

(35,001)

 

$

97,719

Total  

 

 

 

 

132,720

 

 

(35,001)

 

 

97,719

Indefinite lived assets:

 

  

 

 

  

 

 

  

 

 

  

Tradenames

 

  

 

 

16,400

 

 

 —

 

 

16,400

Total intangible assets other than goodwill

 

  

 

$

149,120

 

$

(35,001)

 

$

114,119

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

Weighted

 

Gross

 

 

 

 

 

 

 

average

 

Carrying

 

Accumulated

 

Net Book

 

    

remaining lives

    

Amount

    

Amortization

    

Value

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

    

8.3

    

$

132,720

    

$

(31,254)

    

$

101,466

Total  

 

 

 

 

132,720

 

 

(31,254)

 

 

101,466

Indefinite lived assets:

 

  

 

 

  

 

 

  

 

 

  

Tradenames

 

  

 

 

16,400

 

 

 —

 

 

16,400

Total intangible assets other than goodwill

 

  

 

$

149,120

 

$

(31,254)

 

$

117,866

 

Schedule of estimated aggregate amortization expense

 

 

 

 

Rest of 2020

    

$

10,909

2021

 

 

14,656

2022

 

 

13,302

2023

 

 

12,881

2024

 

 

12,881

Thereafter

 

 

33,090

Total

 

$

97,719