| Goodwill by Operating Segment |
Changes in goodwill for the six months ended June 30, 2020 are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fleet |
|
Federal and Defense |
|
Aviation |
|
Total |
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 June 30, 2020 |
|
$ |
63,190 |
|
|
$ |
30,883 |
|
|
$ |
144,053 |
|
|
$ |
238,126 |
|
|
| Schedule of Intangible Assets |
Intangible assets, net comprised the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
Accumulated Amortization |
|
Accumulated
Impairment Loss
|
|
Net Intangible Assets |
June 30, 2020 |
|
|
|
|
|
|
|
|
Contract and customer-related |
|
$ |
213,194 |
|
|
$ |
(103,739 |
) |
|
$ |
(3,814 |
) |
|
$ |
105,641 |
|
Acquired technologies |
|
12,400 |
|
|
(10,224 |
) |
|
— |
|
|
2,176 |
|
Trade names |
|
18,770 |
|
|
(14,675 |
) |
|
— |
|
|
4,095 |
|
Total |
|
$ |
244,364 |
|
|
$ |
(128,638 |
) |
|
$ |
(3,814 |
) |
|
$ |
111,912 |
|
|
|
|
|
|
|
|
|
|
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 |
|
|