XML 29 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The change in carrying amount of goodwill is as follows (in thousands):
 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Total
December 31, 2016 balance
$
907,230

 
$
159,050

 
$
139,558

 
$
26,958

 
$
1,232,796

Translation
6,001

 
1,052

 
923

 
178

 
8,154

March 31, 2017 balance
$
913,231

 
$
160,102

 
$
140,481

 
$
27,136

 
$
1,240,950

Schedule of Intangible Assets
Identifiable intangible assets consisted of the following (in thousands):
 
March 31, 2017
 
December 31, 2016
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Finite-lived intangibles
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
248,530

 
$
(96,248
)
 
$
152,282

 
$
244,036

 
$
(87,199
)
 
$
156,837

Non-competition agreements
500

 
(312
)
 
188

 
500

 
(287
)
 
213

Total finite-lived intangibles
249,030

 
(96,560
)
 
152,470

 
244,536

 
(87,486
)
 
157,050

 
 
 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangibles
 
 
 
 
 
 
 
 
 
 
 
Trademarks
10,475

 

 
10,475

 
10,475

 

 
10,475

Total intangibles
$
259,505

 
$
(96,560
)
 
$
162,945

 
$
255,011

 
$
(87,486
)
 
$
167,525

Schedule of Amortization Expense
Amortization expense for other intangible assets is as follows (in thousands): 
 
Three Months Ended March 31,
 
2017
 
2016
Amortization expense
$
8,874

 
$
6,093

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Definite-lived intangible assets, by reportable segment, as of March 31, 2017, will be amortized over their remaining lives as follows (in thousands):
 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Total
Remainder of 2017
$
5,670

 
$
20,640

 
$

 
$
375

 
$
26,685

2018
7,560

 
27,476

 

 

 
35,036

2019
7,560

 
27,476

 

 

 
35,036

2020

 
24,772

 

 

 
24,772

2021

 
11,251

 

 

 
11,251

Thereafter

 
19,690

 

 

 
19,690

Total

 

 

 

 
$
152,470