Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Goodwill and Intangible Assets [Abstract] |
|
| Goodwill by Operating Segment |
Changes in goodwill for the years ended December 31, 2015 and 2014 are as follows (in thousands):
| |
|
Supply Chain Management |
|
|
IT, Energy and Management Consulting |
|
|
Aviation |
|
|
Total |
|
Balance as of December 31, 2013 |
|
$ |
61,169 |
|
|
$ |
30,883 |
|
|
$ |
- |
|
|
$ |
92,052 |
|
Balance as of December 31, 2014 |
|
$ |
61,169 |
|
|
$ |
30,883 |
|
|
$ |
- |
|
|
$ |
92,052 |
|
Increase from acquisitions |
|
|
1,944 |
|
|
|
- |
|
|
|
104,549 |
|
|
|
106,493 |
|
Balance as of December 31, 2015 |
|
$ |
63,113 |
|
|
$ |
30,883 |
|
|
$ |
104,549 |
|
|
$ |
198,545 |
|
|
| Intangible Assets |
Intangible assets were composed of the following (in thousands):
| |
|
Cost |
|
|
Accumulated Amortization |
|
|
Accumulated Impairment Loss |
|
|
Net Intangible Assets |
|
December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
173,084 |
|
|
$ |
(46,611 |
) |
|
$ |
(1,025 |
) |
|
$ |
125,448 |
|
Acquired technologies |
|
|
12,400 |
|
|
|
(5,151 |
) |
|
|
- |
|
|
|
7,249 |
|
Trade names |
|
|
16,730 |
|
|
|
(6,384 |
) |
|
|
- |
|
|
|
10,346 |
|
Total |
|
$ |
202,214 |
|
|
$ |
(58,146 |
) |
|
$ |
(1,025 |
) |
|
$ |
143,043 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|
10,100 |
|
|
|
(4,706 |
) |
|
|
- |
|
|
|
5,394 |
|
Total |
|
$ |
115,804 |
|
|
$ |
(42,570 |
) |
|
$ |
(1,025 |
) |
|
$ |
72,209 |
|
|
| Future Amortization of Intangible Assets |
Future expected amortization of intangible assets is as follows for the years ending December 31, (in thousands):
| |
|
Amortization |
|
2016 |
|
$ |
16,130 |
|
2017 |
|
|
16,080 |
|
2018 |
|
|
16,080 |
|
2019 |
|
|
16,016 |
|
2020 |
|
|
15,425 |
|
Thereafter |
|
|
63,312 |
|
Total |
|
$ |
143,043 |
|
|