Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.21.1
Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill during the three months ended March 31, 2021 are summarized as follows (in thousands):
Expedited Freight Intermodal Consolidated
Balance as of December 31, 2020 $ 165,268  $ 79,714  $ 244,982 
Acquisition —  5,754  5,754 
Balance as of March 31, 2021 $ 165,268  $ 85,468  $ 250,736 
Schedule of Other Intangible Assets
Changes in the carrying amount of acquired intangible assets during the three months ended March 31, 2021 are summarized as follows (in thousands):

Gross Carrying Amount
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2020 $ 228,416  $ 8,125  $ 1,500  $ 238,041 
Acquisition 6,060  18  —  6,078 
Balance as of March 31, 2021 $ 234,476  $ 8,143  $ 1,500  $ 244,119 

Accumulated Amortization
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2020 $ 85,930  $ 5,579  $ 1,500  $ 93,009 
Amortization expense 3,104  338  —  3,442 
Balance as of March 31, 2021 $ 89,034  $ 5,917  $ 1,500  $ 96,451 
1 Carrying value as of March 31, 2021 and December 31, 2020 is inclusive of $16,501 of accumulated impairment.