Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.22.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill during the six months ended June 30, 2022 are summarized as follows:

Expedited Freight Intermodal Consolidated
Balance as of December 31, 2021 $ 169,288  $ 97,464  $ 266,752 
Acquisition —  17,003  17,003 
Acquisition adjustment —  3,842  3,842 
Balance as of June 30, 2022 $ 169,288  $ 118,309  $ 287,597 
Schedule of Other Intangible Assets
Changes in the carrying amount of acquired intangible assets during the six months ended June 30, 2022 are summarized as follows:

Gross Carrying Amount
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2021 $ 251,377  $ 9,176  $ 1,500  $ 262,053 
Acquisition 17,950  465  —  18,415 
Acquisition adjustment (4,254) (701) —  (4,955)
Balance as of June 30, 2022 $ 265,073  $ 8,940  $ 1,500  $ 275,513 

Accumulated Amortization
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2021 $ 99,093  $ 6,743  $ 1,500  $ 107,336 
Amortization expense 7,513  448  —  7,961 
Balance as of June 30, 2022 $ 106,606  $ 7,191  $ 1,500  $ 115,297 
1 Carrying value as of June 30, 2022 and December 31, 2021 is inclusive of $16,501 of accumulated impairment.