Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by Operating Segment
Changes in the carrying amount of goodwill by segment for the three months ended March 31, 2024 were as follows (in thousands):
Aviation Fleet Total
Balance as of December 31, 2023 $ 288,591  $ 63,190  $ 351,781 
Measurement period adjustment (669) —  (669)
Balance as of March 31, 2024 $ 287,922  $ 63,190  $ 351,112 
Schedule of Intangible Assets
Intangible assets consisted of the following (in thousands):
Cost
Accumulated Amortization
Net Intangible Assets
March 31, 2024
Contract and customer-related $ 171,690  $ (60,941) $ 110,749 
Trade names 8,670  (8,670) — 
Total $ 180,360  $ (69,611) $ 110,749 
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 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of March 31, 2024, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year Ending Amount
Remainder of 2024 $ 9,958 
2025 13,278 
2026 13,154 
2027 11,407 
2028 10,574 
Thereafter 52,378 
Total $ 110,749