Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Operating Segment

Changes in the carrying amount of goodwill by segment for the six months ended June 30, 2023 were as follows (in thousands):

	Aviation		Fleet		Total
Balance as of December 31, 2022	$	154,072	$	63,190	$	217,262
Acquisitions	4,761		—		4,761
Balance as of June 30, 2023	$	158,833	$	63,190	$	222,023

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

	Gross carrying value		Accumulated amortization		Net carrying value
June 30, 2023
Contract and customer-related	$	202,940	$	(120,760)	$	82,180
Trade names	8,670		(8,032)		638
Total	$	211,610	$	(128,792)	$	82,818
December 31, 2022
Contract and customer-related	$	199,140	$	(113,796)	$	85,344
Trade names	8,670		(7,456)		1,214
Total	$	207,810	$	(121,252)	$	86,558

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of June 30, 2023, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):

Year Ending
Remainder of 2023	$	5,114
2024	9,136
2025	9,074
2026	8,950
2027	7,204
Thereafter	43,340
Total	$	82,818