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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2016
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill by reportable operating segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABF

 

 

 

 

ABF

 

 

    

Total

    

Panther

    

Logistics

    

FleetNet

    

Moving

    

 

 

(in thousands)

Balances at December 31, 2015

 

$

96,465

 

$

71,096

 

$

19,387

 

$

630

 

$

5,352

 

Purchase accounting adjustments

 

 

107

 

 

 

 

107

 

 

 

 

 

Balances at June 30, 2016

 

$

96,572

 

$

71,096

 

$

19,494

 

$

630

 

$

5,352

 

 

 

Schedule of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2016

 

December 31, 2015

 

 

 

Weighted-Average

 

 

 

 

Accumulated

 

Net

 

 

 

 

Accumulated

 

Net

 

 

    

Amortization Period

    

Cost

    

Amortization

    

Value

    

 

Cost

    

Amortization

    

Value

 

 

 

(in years)

 

(in thousands)

 

(in thousands)

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

14

 

$

52,721

 

$

13,242

 

$

39,479

 

$

52,221

 

$

11,331

 

$

40,890

 

Driver network

 

3

 

 

3,200

 

 

3,200

 

 

 —

 

 

3,200

 

 

3,200

 

 

 —

 

Other

 

8

 

 

1,032

 

 

333

 

 

699

 

 

1,032

 

 

257

 

 

775

 

 

 

13

 

 

56,953

 

 

16,775

 

 

40,178

 

 

56,453

 

 

14,788

 

 

41,665

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade name

 

N/A

 

 

32,300

 

 

N/A

 

 

32,300

 

 

32,300

 

 

N/A

 

 

32,300

 

Other

 

N/A

 

 

2,822

 

 

N/A

 

 

2,822

 

 

2,822

 

 

N/A

 

 

2,822

 

 

 

 

 

 

35,122

 

 

 

 

 

35,122

 

 

35,122

 

 

 

 

 

35,122

 

Total intangible assets

 

N/A

 

$

92,075

 

$

16,775

 

$

75,300

 

$

91,575

 

$

14,788

 

$

76,787