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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill

The following table presents the carrying amount of goodwill (in thousands):

 

 

 

 

 

 

 

 

Hub Group

 

 

Hub

 

Mode

 

Total

 

Balance at January 1, 2014

$

233,643

 

$

29,389

 

$

263,032

 

Other

 

(219

)

-

 

 

(219

)

Balance at December 31, 2014

 

233,424

 

 

29,389

 

 

262,813

 

Other

 

(219

)

-

 

 

(219

)

Balance at December 31, 2015

$

233,205

 

$

29,389

 

$

262,594

 

 
Components of Other Intangible Assets

The components of the “Other intangible assets” are as follows (in thousands):

 

 

 

 

 

 

 

 

Accumulated

 

Net

 

 

 

 

Gross

 

Accumulated

 

Impairment

 

Carrying

 

 

 

As of December 31, 2015:

Amount

 

Amortization

 

Loss

 

Value

 

 

Life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

5,181

 

$

(3,350

)

$

-

 

$

1,831

 

 

7-15  years

Hub Total

$

5,181

 

$

(3,350

)

$

-

 

$

1,831

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mode

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency/customer relationships

$

15,362

 

$

(4,054

)

$

-

 

$

11,308

 

 

18  years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub Group Total

$

20,543

 

$

(7,404

)

$

-

 

$

13,139

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

Net

 

 

 

 

Gross

 

Accumulated

 

Impairment

 

Carrying

 

 

 

As of December 31, 2014:

Amount

 

Amortization

 

Loss

 

Value

 

 

Life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

5,181

 

$

(2,909

)

$

-

 

$

2,272

 

 

7-15  years

Trade name

 

2,904

 

 

-

 

 

(2,904

)

 

-

 

 

Indefinite

Hub Total

$

8,085

 

$

(2,909

)

$

(2,904

)

$

2,272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mode

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency/customer relationships

$

15,362

 

$

(3,200

)

$

-

 

$

12,162

 

 

18  years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub Group Total

$

23,447

 

$

(6,109

)

$

(2,904

)

$

14,434

 

 

 

 
Components of Other Intangible Assets

The components of the “Other intangible assets” are as follows (in thousands):

 

 

 

 

 

 

 

 

Accumulated

 

Net

 

 

 

 

Gross

 

Accumulated

 

Impairment

 

Carrying

 

 

 

As of December 31, 2015:

Amount

 

Amortization

 

Loss

 

Value

 

 

Life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

5,181

 

$

(3,350

)

$

-

 

$

1,831

 

 

7-15  years

Hub Total

$

5,181

 

$

(3,350

)

$

-

 

$

1,831

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mode

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency/customer relationships

$

15,362

 

$

(4,054

)

$

-

 

$

11,308

 

 

18  years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub Group Total

$

20,543

 

$

(7,404

)

$

-

 

$

13,139

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

Net

 

 

 

 

Gross

 

Accumulated

 

Impairment

 

Carrying

 

 

 

As of December 31, 2014:

Amount

 

Amortization

 

Loss

 

Value

 

 

Life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

5,181

 

$

(2,909

)

$

-

 

$

2,272

 

 

7-15  years

Trade name

 

2,904

 

 

-

 

 

(2,904

)

 

-

 

 

Indefinite

Hub Total

$

8,085

 

$

(2,909

)

$

(2,904

)

$

2,272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mode

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency/customer relationships

$

15,362

 

$

(3,200

)

$

-

 

$

12,162

 

 

18  years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hub Group Total

$

23,447

 

$

(6,109

)

$

(2,904

)

$

14,434

 

 

 

 
Amortization Expense

Amortization expense for the next five years is as follows (in thousands):

 

 

 

 

 

 

 

 

Hub Group

 

 

Hub

 

Mode

 

Total

 

2016

$

442

 

$

853

 

$

1,295

 

2017

 

442

 

 

853

 

 

1,295

 

2018

 

395

 

 

853

 

 

1,248

 

2019

 

255

 

 

853

 

 

1,108

 

2020

 

255

 

 

853

 

 

1,108