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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill by Operating Segment | Changes in the carrying amount of goodwill by segment for the three months ended March 31, 2023 were as follows (in thousands):
|  | Aviation |  | Fleet |  | Federal and Defense |  | Total
Balance as of December 31, 2022 |  | $ | 154,072 |  |  | $ | 63,190 |  |  | $ | 31,575 |  |  | $ | 248,837 |
Acquisitions |  | 4,743 |  |  | — |  |  | — |  |  | 4,743 |
Balance as of March 31, 2023 |  | $ | 158,815 |  |  | $ | 63,190 |  |  | $ | 31,575 |  |  | $ | 253,580 |
Schedule of Intangible Assets | Intangible assets consisted of the following (in thousands):
|  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
March 31, 2023 |  |  |  |  |  |
Contract and customer-related |  | $ | 210,091 |  |  | $ | (120,953) |  |  | $ | 89,138 |
Trade names |  | 8,670 |  |  | (7,744) |  |  | 926 |
Total |  | $ | 218,761 |  |  | $ | (128,697) |  |  | $ | 90,064 |
December 31, 2022 |  |  |  |  |  |
Contract and customer-related |  | $ | 206,291 |  |  | $ | (116,881) |  |  | $ | 89,410 |
Trade names |  | 8,670 |  |  | (7,456) |  |  | 1,214 |
Total |  | $ | 214,961 |  |  | $ | (124,337) |  |  | $ | 90,624 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | As of March 31, 2023, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year Ending |  |
Remainder of 2023 |  | $ | 9,976 |
2024 |  | 10,819 |
2025 |  | 9,775 |
2026 |  | 8,950 |
2027 |  | 7,204 |
Thereafter |  | 43,340 |
Total |  | $ | 90,064 |

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