Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by Operating Segment
Changes in goodwill for the years ended December 31, 2023 and 2022 by operating segment were as follows (in thousands):
  Fleet
Aviation
 Total
Balance as of December 31, 2021 $ 63,190  $ 154,072  $ 217,262 
Balance as of December 31, 2022 $ 63,190  $ 154,072  $ 217,262 
Goodwill acquired —  134,519  134,519 
Balance as of December 31, 2023 $ 63,190  $ 288,591  $ 351,781 
Intangible Assets
Intangible assets consisted of the following (in thousands):
  Cost Accumulated Amortization Net Intangible Assets
December 31, 2023
Contract and customer-related $ 241,090  $ (127,022) $ 114,068 
Trade names 8,670  (8,608) 62 
Total $ 249,760  $ (135,630) $ 114,130 
December 31, 2022      
Contract and customer-related $ 199,140  $ (113,796) $ 85,344 
Trade names 8,670  (7,456) 1,214 
Total $ 207,810  $ (121,252) $ 86,558 
Future Amortization of Intangible Assets
The estimated future annual amortization expense related to intangible assets are as follows (in thousands):
Year Ending December 31,
2024 $ 13,313 
2025 13,278 
2026 13,154 
2027 11,407 
2028 10,574 
Thereafter 52,404 
Total $ 114,130