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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | For the years ended December 31, 2020, 2019, and 2018, the changes in the carrying amounts of goodwill were as follows (in thousands):
| Commercial Trailer Products |  | Diversified Products |  | Final Mile Products |  | Total
Balance at December 31, 2018 |  |  |  |  |  |  |
Goodwill | $ | 4,288 |  |  | $ | 145,688 |  |  | $ | 167,715 |  |  | $ | 317,691 |
Accumulated impairment losses | (1,663) |  |  | (4,944) |  |  | — |  |  | (6,607) |
Net balance at December 31, 2018 | 2,625 |  |  | 140,744 |  |  | 167,715 |  |  | 311,084 |
Impact of divestiture on goodwill | — |  |  | (4,944) |  |  | — |  |  | (4,944) |
Impact of divestiture on accumulated impairment losses | — |  |  | 4,944 |  |  | — |  |  | 4,944 |
Effects of foreign currency | — |  |  | (58) |  |  | — |  |  | (58) |
Balance at December 31, 2019 |  |  |  |  |  |  |
Goodwill | 4,288 |  |  | 140,686 |  |  | 167,715 |  |  | 312,689 |
Accumulated impairment losses | (1,663) |  |  | — |  |  | — |  |  | (1,663) |
Net balance as of December 31, 2019 | 2,625 |  |  | 140,686 |  |  | 167,715 |  |  | 311,026 |
Goodwill impairments | — |  |  | (10,971) |  |  | (95,766) |  |  | (106,737) |
Impact of divestiture on goodwill | — |  |  | (4,685) |  |  | — |  |  | (4,685) |
Effects of foreign currency | — |  |  | (44) |  |  | — |  |  | (44) |
Balance as of December 31, 2020 |  |  |  |  |  |  |
Goodwill | 4,288 |  |  | 135,957 |  |  | 167,715 |  |  | 307,960 |
Accumulated impairment losses | (1,663) |  |  | (10,971) |  |  | (95,766) |  |  | (108,400) |
Net balance as of December 31, 2020 | $ | 2,625 |  |  | $ | 124,986 |  |  | $ | 71,949 |  |  | $ | 199,560 |
Schedule of Finite-Lived Intangible Assets | As of December 31, 2020, the balances of intangible assets, other than goodwill, were as follows (in thousands):
| Weighted Average Amortization Period |  | Gross Intangible Assets |  | Accumulated Amortization |  | Net Intangible Assets
Tradenames and trademarks | 20 years |  | $ | 51,481 |  |  | $ | (19,975) |  |  | $ | 31,506 |
Customer relationships | 13 years |  | 276,973 |  |  | (145,356) |  |  | 131,617 |
Technology | 12 years |  | 12,828 |  |  | (9,064) |  |  | 3,764 |
Total |  |  | $ | 341,282 |  |  | $ | (174,395) |  |  | $ | 166,887 |
As of December 31, 2019, the balances of intangible assets, other than goodwill, were as follows (in thousands):
| Weighted Average Amortization Period |  | Gross Intangible Assets |  | Accumulated Amortization |  | Net Intangible Assets
Tradenames and trademarks | 20 years |  | $ | 53,103 |  |  | $ | (17,962) |  |  | $ | 35,141 |
Customer relationships | 13 years |  | 282,863 |  |  | (132,903) |  |  | 149,960 |
Technology | 12 years |  | 14,045 |  |  | (9,248) |  |  | 4,797 |
Total |  |  | $ | 350,011 |  |  | $ | (160,113) |  |  | $ | 189,898 |

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