XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.23.3

Goodwill and Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill Changes in the carrying amount of goodwill during the nine months ended September 30, 2023 are summarized as follows:
| Expedited Freight |  | Intermodal |  | Consolidated
Balance as of December 31, 2022 | $ | 169,288 |  |  | $ | 136,896 |  |  | $ | 306,184 |
Acquisition | 50,443 |  |  | 136 |  |  | 50,579 |
Balance as of September 30, 2023 | $ | 219,731 |  |  | $ | 137,032 |  |  | $ | 356,763 |
The Company’s accumulated goodwill impairment is $25,686 related to impairment charges the Company recorded during 2016 pertaining to its Truckload Services reporting unit. The Truckload Services reporting unit operates within the Expedited Freight reportable segment. As of September 30, 2023, approximately $277,619 of goodwill is deductible for tax purposes. Goodwill is tested for impairment on an annual basis and more often if indications of impairment exist. The Company conducts its annual impairment analyses as of June 30 each year. There have been no indicators of impairment during the three months ended September 30, 2023. Other Intangible Assets Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2023 are summarized as follows:
|  | Gross Carrying Amount
|  | Customer Relationships 1 |  | Non-Compete Agreements |  | Trade Names |  | Total
Balance as of December 31, 2022 |  | $ | 267,870 |  |  | $ | 8,756 |  |  | $ | 1,500 |  |  | $ | 278,126 |
Acquisition |  | 4,513 |  |  | 873 |  |  | — |  |  | 5,386 |
Balance as of September 30, 2023 |  | $ | 272,383 |  |  | $ | 9,629 |  |  | $ | 1,500 |  |  | $ | 283,512 |
|  | Accumulated Amortization
|  | Customer Relationships 1 |  | Non-Compete Agreements |  | Trade Names |  | Total
Balance as of December 31, 2022 |  | $ | 114,380 |  |  | $ | 7,445 |  |  | $ | 1,500 |  |  | $ | 123,325 |
Amortization expense |  | 12,980 |  |  | 497 |  |  | — |  |  | 13,477 |
Balance as of September 30, 2023 |  | $ | 127,360 |  |  | $ | 7,942 |  |  | $ | 1,500 |  |  | $ | 136,802 |
1 Carrying value as of September 30, 2023 and December 31, 2022 is inclusive o f $16,501 of accumulated impairment.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration