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Goodwill
 12 Months Ended
Dec. 31, 2019
Goodwill [Abstract]  
Goodwill

Note 9. GOODWILL

Changes in goodwill during 2019 and 2018 consisted of the following (in thousands):

 

 

 

Wholesale

Segment

 

 

Retail

Segment

 

 

Consolidated

 

Balance at December 31, 2017

 

$

69,757

 

 

$

19,352

 

 

$

89,109

 

Divestitures

 

 

(70

)

 

 

(275

)

 

 

(345

)

Balance at December 31, 2018

 

 

69,687

 

 

 

19,077

 

 

 

88,764

 

Reassignment

 

 

4,451

 

 

 

(4,451

)

 

 

—

 

Balance at December 31, 2019

 

$

74,138

 

 

$

14,626

 

 

$

88,764

 

 

As a result of converting our remaining company-operated sites to dealer-operated sites in the third quarter of 2019 and the resulting reduction in future cash flows in the Retail segment and the expected increase in future cash flows that will be received by the Wholesale segment subsequent to the date of conversion, $4.5 million of the goodwill originally assigned to the Retail segment was reassigned to the Wholesale segment. See Note 21 for additional information on the dealerization of our company operated sites.