NOTE C – GOODWILL AND INTANGIBLE ASSETS

Goodwill represents the excess of cost over the fair value of net identifiable tangible and intangible assets acquired. Goodwill by reportable operating segment consisted of $107.7 million and $0.6 million reported in the ArcBest and FleetNet segments, respectively, for both September 30, 2018 and December 31, 2017.

Intangible assets consisted of the following:


		September 30, 2018						December 31, 2017
	Weighted-Average			Accumulated		Net				Accumulated		Net
	Amortization Period	Cost		Amortization		Value			Cost	Amortization		Value
	(in years)	(in thousands)						(in thousands)
Finite-lived intangible assets
Customer relationships	14	$	60,431	$	23,034	$	37,397	$	60,431	$	19,745	$	40,686
Driver network	3		3,200		3,200		—		3,200		3,200		—
Other	9		1,032		654		378		1,032		549		483
	13		64,663		26,888		37,775		64,663		23,494		41,169
Indefinite-lived intangible assets
Trade name	N/A		32,300		N/A		32,300		32,300		N/A		32,300

Total intangible assets	N/A	$	96,963	$	26,888	$	70,075	$	96,963	$	23,494	$	73,469

The future amortization for intangible assets and acquired software as of September 30, 2018 were as follows:


			Intangible		Acquired
	Total		Assets		Software(1)
	(in thousands)
2018	$	1,658	$	1,128	$	530
2019		5,463		4,482		981
2020		4,471		4,454		17
2021		4,418		4,412		6
2022		4,385		4,385		—
Thereafter		18,914		18,914		—
Total amortization	$	39,309	$	37,775	$	1,534

⁽¹⁾

Acquired software is reported in property, plant and equipment.