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Goodwill
12 Months Ended
Dec. 31, 2020
Goodwill [Abstract]  
Goodwill

Note 11. GOODWILL

Changes in goodwill during 2020 and 2019 consisted of the following (in thousands):

 

 

 

Wholesale

Segment

 

 

Retail

Segment

 

 

Consolidated

 

Balance at December 31, 2018

 

$

69,687

 

 

$

19,077

 

 

$

88,764

 

Reassignment

 

 

4,451

 

 

 

(4,451

)

 

 

 

Balance at December 31, 2019 and 2020

 

$

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 24 for additional information on the conversion of our company operated sites to dealer operated sites.