Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.19.2
Intangible Assets and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of finite-lived intangible assets
The Company had the following definite lived intangible assets recorded (in thousands):
 
 
June 30,
 
December 31,
 
 
2019
 
2018
Customer relationships
 
$
2,255

 
$
2,255

Trade names
 
9,063

 
9,063

Less: accumulated amortization - customer relationships
 
(692
)
 
(544
)
Less: accumulated amortization - trade names
 
(3,438
)
 
(3,018
)
Intangible assets, net
 
$
7,188

 
$
7,756

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):
 
 
Amount
Remainder of 2019
 
$
567

2020
 
1,135

2021
 
1,129

2022
 
1,108

2023
 
991

Thereafter
 
2,258

 
 
$
7,188

Schedule of goodwill
Changes in the goodwill for the year ended December 31, 2018 and the six months ended June 30, 2019 are set forth below (in thousands):
Balance, January 1, 2018
 
$
99,811

Additions:
 
 
WTL
 
1,567

RTS
 
133

ARS
 
694

Brim Equipment Assets
 
2,243

Impairment
 
(3,203
)
Balance, December 31, 2018
 
101,245

Additions
 
—

Balance, June 30, 2019
 
$
101,245