Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.20.1
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Changes in the net carrying amount of goodwill by reporting segment (see Note 19) for the three months ended March 31, 2020 and year ended December 31, 2019 are presented below (in thousands):


Infrastructure Pressure Pumping Sand Other Total
Balance as of January 1, 2019
Goodwill $ 3,828    $ 86,043    $ 2,684    $ 11,893    $ 104,448   
Accumulated impairment losses —    —    —    (3,203)   (3,203)  
3,828    86,043    2,684    8,690    101,245   
Acquisitions —    —    —    —    —   
Impairment losses (434)   (23,423)   (2,684)   (7,123)   (33,664)  
Balance as of December 31, 2019
Goodwill 3,828    86,043    2,684    11,893    104,448   
Accumulated impairment losses (434)   (23,423)   (2,684)   (10,326)   (36,867)  
3,394    62,620    —    1,567    67,581   
Acquisitions —    —    —    —    —   
Impairment losses —    (53,406)   —    (1,567)   (54,973)  
Balance as of March 31, 2020
Goodwill 3,828    86,043    2,684    11,893    104,448   
Accumulated impairment losses (434)   (76,829)   (2,684)   (11,893)   (91,840)  
$ 3,394    $ 9,214    $ —    $ —    $ 12,608   
Schedule of finite-lived intangible assets
The Company had the following definite lived intangible assets recorded (in thousands):

March 31, December 31,
2020 2019
Customer relationships $ 1,050    $ 1,050   
Trade names 9,063    9,063   
Less: accumulated amortization - customer relationships (510)   (467)  
Less: accumulated amortization - trade names (4,067)   (3,858)  
Intangible assets, net $ 5,536    $ 5,788   
Schedule of finite-lived intangible assets, future amortization expense
Aggregated expected amortization expense for the future periods is expected to be as follows (in thousands):
Remainder of 2020 $ 761   
2021 1,015   
2022 1,015   
2023 898   
2024 771   
Thereafter 1,076   
$ 5,536