GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of goodwill by reportable operating segment



	Total		ArcBest		FleetNet
	(in thousands)
Balances December 31, 2015	$	96,465	$	95,835	$	630
Goodwill acquired(1)		12,640		12,640		—
Goodwill divested(2)		(842)		(842)		—
Purchase accounting adjustments		612		612		—
Balances December 31, 2016	$	108,875	$	108,245	$	630
Goodwill divested(2)		(661)		(661)		—
Purchase accounting adjustments		106		106		—
Balances December 31, 2017	$	108,320	$	107,690	$	630

⁽¹⁾

Goodwill related to the September 2, 2016 acquisition of LDS is expected to be fully deductible for tax purposes.

⁽²⁾

Goodwill divested due to the sale of certain non-strategic businesses was determined based on the relative fair value of the businesses sold to the total fair value of the reporting unit.

Schedule of intangible assets

Intangible assets consisted of the following as of December 31:


		2017						2016
	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	$	60,431	$	19,745	$	40,686	$	60,431	$	15,350	$	45,081
Driver network	3		3,200		3,200		—		3,200		3,200		—
Other	9		1,032		549		483		1,032		406		626
	13		64,663		23,494		41,169		64,663		18,956		45,707
Indefinite-lived intangible assets
Trade name	N/A		32,300		N/A		32,300		32,300		N/A		32,300
Other(1)	N/A		—		N/A		—		2,500		N/A		2,500
			32,300				32,300		34,800				34,800
Total intangible assets	N/A	$	96,963	$	23,494	$	73,469	$	99,463	$	18,956	$	80,507

¹⁾

Other indefinite-lived intangible assets divested due to the sale of certain non-strategic businesses.

Schedule of future amortization for intangible assets and acquired software


			Intangible		Acquired
	Total		Assets		Software(1)
	(in thousands)
2018	$	6,641	$	4,520	$	2,121
2019		5,463		4,482		981
2020		4,471		4,454		17
2021		4,418		4,412		6
2022		4,385		4,385		—
Thereafter		18,916		18,916		—
Total amortization	$	44,294	$	41,169	$	3,125

⁽¹⁾

Acquired software is reported in property, plant and equipment.