GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The change in carrying amount of goodwill is as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Balance December 31, 2019	$	1,015,570	$	208,420	$	67,770	$	1,291,760
Acquisitions	176,397		507		—		176,904
Translation	(12,592)		(4,222)		(851)		(17,665)
Balance March 31, 2020	$	1,179,375	$	204,705	$	66,919	$	1,450,999

Goodwill is tested at least annually for impairment on November 30, or more frequently if events or changes in circumstances indicate that the asset might be impaired. We first perform a qualitative assessment to determine whether it is more likely than not that the fair value of our reporting units is less than their respective carrying value (“Step Zero Analysis”). If the Step Zero Analysis indicates it is more likely than not that the fair value of our reporting units is less than their respective carrying value, an additional impairment assessment is performed (“Step One Analysis”). We considered whether there were any changes in circumstances indicating that our goodwill might be impaired, including consideration of the impacts of the novel coronavirus (“COVID-19”) on financial markets and our business operations, and determined the more likely than not criteria had not been met, and therefore a Step One Analysis was not required as of March 31, 2020.

Identifiable intangible assets consisted of the following (in thousands):


	March 31, 2020										December 31, 2019
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Finite-lived intangibles
Customer relationships	$	282,180	$	(160,642)	$	121,538	$	237,335	$	(156,879)	$	80,456


Indefinite-lived intangibles
Trademarks	10,475		—		10,475		10,475		—		10,475
Total intangibles	$	292,655	$	(160,642)	$	132,013	$	247,810	$	(156,879)	$	90,931

Amortization expense for other intangible assets is as follows (in thousands):


	Three Months Ended March 31,
	2020		2019
Amortization expense	$	8,376	$	9,293

Finite-lived intangible assets, by reportable segment, as of March 31, 2020, will be amortized over their remaining lives as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Remaining 2020	$	6,070	$	19,111	$	450	$	25,631
2021	8,092		13,076		600		21,768
2022	8,092		13,076		600		21,768
2023	8,092		10,969		600		19,661
2024	8,014		3,498		600		12,112
Thereafter	17,024		2,723		851		20,598
Total							$	121,538