Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.22.2.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill during the nine months ended September 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 —  4,741  4,741 
Balance as of September 30, 2022 $ 169,288  $ 119,208  $ 288,496 
Schedule of Other Intangible Assets
Changes in the carrying amount of acquired intangible assets during the nine months ended September 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 (5,162) (692) —  (5,854)
Balance as of September 30, 2022 $ 264,165  $ 8,949  $ 1,500  $ 274,614 

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 11,507  610  —  12,117 
Balance as of September 30, 2022 $ 110,600  $ 7,353  $ 1,500  $ 119,453 
1 Carrying value as of September 30, 2022 and December 31, 2021 is inclusive of $16,501 of accumulated impairment.