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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2014
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill by reportable operating segment

 

 

 

 

 

 

 

 

 

Emergency &

 

 

 

 

 

Household Goods

 

 

 

Preventative

 

 

 

 

 

Moving Services

 

Premium Logistics

 

Maintenance

 

 

 

Total

 

(ABF Moving)

 

(Panther)

 

(FleetNet)

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balances at December 31, 2013

 

$

76,448

 

$

5,352

 

$

71,096

 

$

 

Goodwill acquired

 

1,301

 

 

 

1,301

 

Balances at June 30, 2014

 

$

77,749

 

$

5,352

 

$

71,096

 

$

1,301

 

Schedule of intangible assets

 

 

 

Weighted Average

 

 

 

Accumulated

 

Net

 

 

 

Amortization Period

 

Cost

 

Amortization

 

Value

 

 

 

(in years)

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

Customer relationships

 

14

 

$

43,981

 

$

6,383

 

$

37,598

 

Driver network

 

3

 

3,200

 

2,178

 

1,022

 

Other

 

7

 

599

 

10

 

589

 

 

 

13

 

47,780

 

8,571

 

39,209

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

Trade name

 

N/A

 

32,345

 

N/A

 

32,345

 

Other

 

N/A

 

2,908

 

N/A

 

2,908

 

 

 

 

 

35,253

 

 

 

35,253

 

Total intangible assets

 

N/A

 

$

83,033

 

$

8,571

 

$

74,462