| Goodwill by Operating Segment |
Changes in goodwill for the nine months ended September 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 September 30, 2020 |
|
$ |
63,190 |
|
|
$ |
30,883 |
|
|
$ |
144,053 |
|
|
$ |
238,126 |
|
|
| Schedule of Intangible Assets |
Intangible assets, net comprised the following (in thousands):
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Cost |
|
Accumulated Amortization |
|
Accumulated
Impairment Loss |
|
Net Intangible Assets |
| September 30, 2020 |
|
|
|
|
|
|
|
|
| Contract and customer-related |
|
$ |
213,194 |
|
|
$ |
(107,328) |
|
|
$ |
(3,814) |
|
|
$ |
102,052 |
|
| Acquired technologies |
|
12,400 |
|
|
(10,505) |
|
|
— |
|
|
1,895 |
|
| Trade names |
|
18,770 |
|
|
(14,963) |
|
|
— |
|
|
3,807 |
|
| Total |
|
$ |
244,364 |
|
|
$ |
(132,796) |
|
|
$ |
(3,814) |
|
|
$ |
107,754 |
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|