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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2012
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill by reportable operating segment

 

 

 

 

 

 

Premium Logistics

 

 

 

 

 

Household Goods

 

and Expedited

 

 

 

 

 

Moving Services

 

Freight Services

 

Total

 

 

 

($ thousands)

 

 

 

 

 

 

 

 

 

Balance December 31, 2011

 

$

3,660

 

$

 

$

3,660

 

Goodwill acquired — Panther

 

 

78,944

 

78,944

 

Balance June 30, 2012

 

$

3,660

 

$

78,944

 

$

82,604

 

 

Schedule of intangible assets

 

 

 

 

Weighted Average

 

 

 

Accumulated

 

Net

 

 

 

Amortization Period

 

Cost

 

Amortization

 

Value

 

 

 

(in years)

 

($ thousands)

 

 

 

 

 

 

 

 

 

 

 

Definite-lived intangible assets

 

 

 

 

 

 

 

 

 

Customer relationships

 

15

 

$

33,600

 

$

130

 

$

33,470

 

Driver network

 

3

 

3,300

 

70

 

3,230

 

 

 

14

 

36,900

 

200

 

36,700

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

Trade name

 

N/A

 

31,700

 

N/A

 

31,700

 

Other

 

N/A

 

2,822

 

N/A

 

2,822

 

 

 

 

 

34,522

 

N/A

 

34,522

 

Total intangible assets

 

N/A

 

$

71,422

 

$

200

 

$

71,222