Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The Company had the following definite lived intangible assets recorded as of the dates presented below (in thousands):
 
 
December 31,
 
 
2018
 
2017
Customer relationships
 
$
2,255

 
$
35,795

Trade names
 
9,063

 
8,793

Less: accumulated amortization - customer relationships
 
(544
)
 
(26,172
)
Less: accumulated amortization - trade names
 
(3,018
)
 
(2,277
)
Intangible assets, net
 
$
7,756

 
$
16,139

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):
Year ended December 31:
 
Amount
2019
 
$
1,135

2020
 
1,135

2021
 
1,129

2022
 
1,108

2023
 
991

Thereafter
 
2,258

 
 
$
7,756

Schedule of Goodwill
Changes in goodwill for the years ended December 31, 2018 and 2017 are set forth below (in thousands):

Balance, January 1, 2017
 
$
88,727

Additions:
 
 
2017 Stingray Acquisition
 
10,193

Higher Power Acquisition
 
643

5 Star Acquisition
 
248

Balance, December 31, 2017
 
99,811

Additions:
 
 
WTL Acquisition
 
1,567

RTS Acquisition
 
133

ARS Acquisition
 
694

Brim Equipment Assets Acquisition
 
2,243

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