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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2018
GOODWILL AND INTANGIBLE ASSETS |
GOODWILL AND INTANGIBLE ASSETS | NOTE C – GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of cost over the fair value of net identifiable tangible and intangible assets acquired. Goodwill by reportable operating segment consisted of $107.7 million and $0.6 million reported in the ArcBest and FleetNet segments, respectively, for both September 30, 2018 and December 31, 2017. Intangible assets consisted of the following:
|  |  |  | September 30, 2018 |  | December 31, 2017 |
|  | 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 |  | $ | 23,034 |  | $ | 37,397 |  | $ | 60,431 |  | $ | 19,745 |  | $ | 40,686 |
Driver network |  | 3 |  |  | 3,200 |  |  | 3,200 |  |  | — |  |  | 3,200 |  |  | 3,200 |  |  | — |
Other |  | 9 |  |  | 1,032 |  |  | 654 |  |  | 378 |  |  | 1,032 |  |  | 549 |  |  | 483 |
|  | 13 |  |  | 64,663 |  |  | 26,888 |  |  | 37,775 |  |  | 64,663 |  |  | 23,494 |  |  | 41,169 |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  | N/A |  |  | 32,300 |  |  | N/A |  |  | 32,300 |  |  | 32,300 |  |  | N/A |  |  | 32,300 |
Total intangible assets |  | N/A |  | $ | 96,963 |  | $ | 26,888 |  | $ | 70,075 |  | $ | 96,963 |  | $ | 23,494 |  | $ | 73,469 |
The future amortization for intangible assets and acquired software as of September 30, 2018 were as follows:
|  |  |  |  | Intangible |  | Acquired |
|  | Total |  | Assets |  | Software(1) |
|  | (in thousands) |
2018 |  | $ | 1,658 |  | $ | 1,128 |  | $ | 530 |
2019 |  |  | 5,463 |  |  | 4,482 |  |  | 981 |
2020 |  |  | 4,471 |  |  | 4,454 |  |  | 17 |
2021 |  |  | 4,418 |  |  | 4,412 |  |  | 6 |
2022 |  |  | 4,385 |  |  | 4,385 |  |  | — |
Thereafter |  |  | 18,914 |  |  | 18,914 |  |  | — |
Total amortization |  | $ | 39,309 |  | $ | 37,775 |  | $ | 1,534 |
| (1) |  | Acquired software is reported in property, plant and equipment.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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