| Goodwill by Operating Segment |
Changes in goodwill by operating segment for the three and six months ended June 30, 2015 are as follows (in thousands):
| |
|
Supply Chain Management |
|
|
IT, Energy and Management Consulting |
|
|
Aviation
|
|
|
Total |
|
Balance as of December 31, 2014 |
|
$ |
61,169 |
|
|
$ |
30,883 |
|
|
$ |
- |
|
|
$ |
92,052 |
|
Increase from the Aviation Acquisition |
|
|
- |
|
|
|
- |
|
|
|
92,332 |
|
|
|
92,332 |
|
Balance as of June 30, 2015 |
|
$ |
61,169 |
|
|
$ |
30,883 |
|
|
$ |
92,332 |
|
|
$ |
184,384 |
|
|
| Schedule of Intangible Assets |
Intangible assets were comprised of the following (in thousands):
| |
|
Cost |
|
|
Accumulated Amortization |
|
|
Accumulated
Impairment Loss
|
|
|
Net Intangible Assets |
|
June 30, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
179,004 |
|
|
$ |
(40,152 |
) |
|
$ |
(1,025 |
) |
|
$ |
137,827 |
|
Acquired technologies |
|
|
12,400 |
|
|
|
(4,587 |
) |
|
|
- |
|
|
|
7,813 |
|
Trade names – amortizable |
|
|
17,600 |
|
|
|
(5,572 |
) |
|
|
- |
|
|
|
12,028 |
|
Total |
|
$ |
209,004 |
|
|
$ |
(50,311 |
) |
|
$ |
(1,025 |
) |
|
$ |
157,668 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
93,304 |
|
|
$ |
(33,840 |
) |
|
$ |
(1,025 |
) |
|
$ |
58,439 |
|
Acquired technologies |
|
|
12,400 |
|
|
|
(4,024 |
) |
|
|
- |
|
|
|
8,376 |
|
Trade names – amortizable |
|
|
10,100 |
|
|
|
(4,706 |
) |
|
|
- |
|
|
|
5,394 |
|
Total |
|
$ |
115,804 |
|
|
$ |
(42,570 |
) |
|
$ |
(1,025 |
) |
|
$ |
72,209 |
|
|