| Goodwill and Intangible Assets |
Goodwill and Intangible Assets
Changes in goodwill for the three months ended March 31, 2017 are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management |
|
Federal Services |
|
Aviation |
|
Total |
Balance as of December 31, 2016 |
|
$ |
63,190 |
|
|
$ |
30,883 |
|
|
$ |
104,549 |
|
|
$ |
198,622 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of March 31, 2017 |
|
$ |
63,190 |
|
|
$ |
30,883 |
|
|
$ |
104,549 |
|
|
$ |
198,622 |
|
Intangible assets consist of the value of contract and customer-related intangible assets, acquired technologies and trade names. Amortization expense was approximately $4.0 million for the three months ended March 31, 2017 and 2016.
Intangible assets were comprised of the following (in thousands):
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|
|
|
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|
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|
|
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Cost |
|
Accumulated Amortization |
|
Accumulated
Impairment Loss
|
|
Net Intangible Assets |
March 31, 2017 |
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
173,094 |
|
|
$ |
(63,084 |
) |
|
$ |
(1,025 |
) |
|
$ |
108,985 |
|
Acquired technologies |
|
12,400 |
|
|
(6,560 |
) |
|
— |
|
|
5,840 |
|
Trade names |
|
16,670 |
|
|
(8,573 |
) |
|
— |
|
|
8,097 |
|
Total |
|
$ |
202,164 |
|
|
$ |
(78,217 |
) |
|
$ |
(1,025 |
) |
|
$ |
122,922 |
|
|
|
|
|
|
|
|
|
|
December 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
173,094 |
|
|
$ |
(59,799 |
) |
|
$ |
(1,025 |
) |
|
$ |
112,270 |
|
Acquired technologies |
|
12,400 |
|
|
(6,278 |
) |
|
— |
|
|
6,122 |
|
Trade names |
|
16,670 |
|
|
(8,136 |
) |
|
— |
|
|
8,534 |
|
Total |
|
$ |
202,164 |
|
|
$ |
(74,213 |
) |
|
$ |
(1,025 |
) |
|
$ |
126,926 |
|
|