Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.20.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by Operating Segment
Changes in goodwill for the years ended December 31, 2019 and 2018 are as follows (in thousands):
 
Supply Chain Management
 
Federal Services
 
Aviation
 
Total
Balance as of December 31, 2017
$
63,190

 
$
30,883

 
$
104,549

 
$
198,622

Increase from acquisitions
—

 
—

 
—

 
—

Balance as of December 31, 2018
$
63,190

 
$
30,883

 
$
104,549

 
$
198,622

Increase from acquisitions
—

 
—

 
77,828

 
77,828

Balance as of December 31, 2019
$
63,190

 
$
30,883

 
$
182,377

 
$
276,450

Intangible Assets
Intangible assets were comprised of the following (in thousands):
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment Loss
 
Net Intangible Assets
December 31, 2019
 
 
 
 
 
 
 
Contract and customer-related
$
227,594

 
$
(102,169
)
 
$
(1,025
)
 
$
124,400

Acquired technologies
12,400

 
(9,660
)
 
—

 
2,740

Trade names
18,770

 
(13,735
)
 
—

 
5,035

Total
$
258,764

 
$
(125,564
)
 
$
(1,025
)
 
$
132,175

 
 
 
 
 
 
 
 
December 31, 2018
 

 
 

 
 

 
 

Contract and customer-related
$
173,094

 
$
(86,076
)
 
$
(1,025
)
 
$
85,993

Acquired technologies
12,400

 
(8,533
)
 
—

 
3,867

Trade names
16,670

 
(11,638
)
 
—

 
5,032

Total
$
202,164

 
$
(106,247
)
 
$
(1,025
)
 
$
94,892

Future Amortization of Intangible Assets
Future expected amortization of intangible assets is as follows for the years ending December 31, (in thousands):
 
Amortization
2020
$
18,809

2021
18,446

2022
16,700

2023
12,700

2024
9,119

Thereafter
56,401

Total
$
132,175