XML 54 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
For the years ended December 31, 2024, 2023, and 2022, the changes in the carrying amounts of goodwill were as follows (in thousands):
Transportation SolutionsParts & ServicesTotal
Balance at December 31, 2022
   Goodwill$188,759 $108,075 $296,834 
   Accumulated impairment losses(68,257)(40,143)(108,400)
Net balance at December 31, 2022120,502 67,932 188,434 
   Effects of foreign currency(16)(9)(25)
Balance at December 31, 2023
Goodwill188,743 108,066 296,809 
   Accumulated impairment losses(68,257)(40,143)(108,400)
Net balance as of December 31, 2023120,486 67,923 188,409 
   Effects of foreign currency 20 12 32 
Balance as of December 31, 2024
Goodwill188,763 108,078 296,841 
   Accumulated impairment losses(68,257)(40,143)(108,400)
Net balance as of December 31, 2024$120,506 $67,935 $188,441 
Schedule of Finite-Lived Intangible Assets
As of December 31, 2024, 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
Customer relationships13 years$270,016 $(195,571)$74,445 
Technology12 years11,708 (11,708)— 
Total$281,724 $(207,279)$74,445 
As of December 31, 2023, 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
Customer relationships13 years$270,016 $(183,923)$86,093 
Technology12 years11,708 (11,383)325 
Total$281,724 $(195,306)$86,418