GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in goodwill by segment for the three months ended March 31, 2020 were as follows (in thousands):



	Environmental Services			Safety-Kleen			Totals
Balance at January 1, 2020	$	212,531		$	312,482		$	525,013
Measurement period adjustments from prior period acquisitions	54			—			54
Decrease from disposition of businesses	(649		)	—			(649		)
Foreign currency translation	(2,223		)	(2,568		)	(4,791		)
Balance at March 31, 2020	$	209,713		$	309,914		$	519,627

The Company assesses goodwill for impairment on an annual basis as of December 31 or at an interim date when events or changes in the business environment (triggering events) would more likely than not reduce the fair value of a reporting unit below its carrying value. During the period ended March 31, 2020, the Company considered the effects of COVID-19 and evolving changes in demand and pricing for oil, but concluded that there were no triggering events requiring an impairment assessment. This conclusion was based on a qualitative analysis incorporating (i) the significant excess fair value that previously existed in each reporting unit and (ii) assessing the current and long-term performance of the Company given the expectation that these negative effects on the operations and cash flows of each reporting unit arising from COVID-19 related disruptions will be short lived.

The Company will continue to evaluate the impact of macroeconomic conditions including, but not limited to, the impact of the COVID-19 pandemic on the Company, customers and the greater economy as well as the impact on trends of oil demand. If these macroeconomic conditions are protracted or result in significant changes in demand for our products and services, a goodwill impairment might be identified and the amount might be material.

As of March 31, 2020 and December 31, 2019, the Company's intangible assets consisted of the following (in thousands):



	March 31, 2020						December 31, 2019
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Permits	$	181,095	$	87,790	$	93,305	$	184,235	$	87,228	$	97,007
Customer and supplier relationships	386,197		199,915		186,282		401,696		207,884		193,812
Other intangible assets	36,632		31,435		5,197		38,331		33,018		5,313
Total amortizable permits and other intangible assets	603,924		319,140		284,784		624,262		328,130		296,132
Trademarks and trade names	122,097		—		122,097		122,934		—		122,934
Total permits and other intangible assets	$	726,021	$	319,140	$	406,881	$	747,196	$	328,130	$	419,066

Amortization expense of permits and other intangible assets was $9.2 million and $9.5 million in the three months ended March 31, 2020 and March 31, 2019, respectively.

The expected amortization of the net carrying amount of finite-lived intangible assets at March 31, 2020 was as follows (in thousands):



Years Ending December 31,	Expected Amortization
2020 (nine months)	$	24,393
2021	29,683
2022	29,429
2023	25,245
2024	23,783
Thereafter	152,251
	$	284,784