XML 34 R22.htm IDEA: XBRL DOCUMENT v3.20.2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The change in carrying amount of goodwill is as follows (in thousands):

			NAST						Global Forwarding						All Other and Corporate						Total
Balance December 31, 2019			$	1,015,570					$	208,420					$	67,770					$	1,291,760
Acquisitions			176,673						507						—						177,180
Translation			(1,977)						(1,156)						(52)						(3,185)
Balance June 30, 2020			$	1,190,266					$	207,771					$	67,718					$	1,465,755

Schedule of Intangible Assets

Identifiable intangible assets consisted of the following (in thousands):

			June 30, 2020																														December 31, 2019
			Cost						Accumulated Amortization						Net						Cost						Accumulated Amortization						Net
Finite-lived intangibles
Customer relationships			$	290,409					$	(174,295)					$	116,114					$	237,335					$	(156,879)					$	80,456
Indefinite-lived intangibles
Trademarks			10,475						—						10,475						10,475						—						10,475
Total intangibles			$	300,884					$	(174,295)					$	126,589					$	247,810					$	(156,879)					$	90,931

Schedule of Amortization Expense

Amortization expense for other intangible assets is as follows (in thousands):

			Three Months Ended June 30,																		Six Months Ended June 30,
			2020						2019						2020						2019
Amortization expense			$	9,655					$	9,675					$	18,031					$	18,968

Schedule of Future Amortization of Finite-Lived Intangible Assets

Finite-lived intangible assets, by reportable segment, as of June 30, 2020, will be amortized over their remaining lives as follows (in thousands):

			NAST						Global Forwarding						All Other and Corporate						Total
Remaining 2020			$	4,043					$	12,291					$	301					$	16,635
2021			8,105						14,121						614						22,840
2022			8,105						14,121						614						22,840
2023			8,105						11,809						614						20,528
2024			8,093						3,850						614						12,557
Thereafter			17,024						2,816						874						20,714
Total																					$	116,114

X

- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

+ Details

Name:	us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration