Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.20.4
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by Operating Segment
Changes in goodwill for the years ended December 31, 2020 and 2019 are as follows (in thousands):
  Fleet Federal and Defense Aviation Total
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 
Impairment charge —  —  (30,945) (30,945)
Decrease from divestiture —  —  (7,379) (7,379)
Balance as of December 31, 2020 $ 63,190  $ 30,883  $ 144,053  $ 238,126 
Intangible Assets Intangible assets consisted of the following (in thousands):
  Cost Accumulated Amortization Accumulated Impairment Loss Net Intangible Assets
December 31, 2020
Contract and customer-related $ 213,194  $ (110,917) $ (3,814) $ 98,463 
Acquired technologies 12,400  (10,787) —  1,613 
Trade names 18,770  (15,251) —  3,519 
Total $ 244,364  $ (136,955) $ (3,814) $ 103,595 
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 
Future Amortization of Intangible Assets
Future expected amortization of intangible assets is as follows for the years ending December 31, (in thousands):
  Amortization
2021 $ 16,636 
2022 14,890 
2023 10,890 
2024 7,309 
2025 7,248 
Thereafter 46,622 
Total $ 103,595