GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of goodwill by reportable operating segment


					ABF		ABF
	Total		Panther		Moving		Logistics		FleetNet
	(in thousands)
Balances December 31, 2013	$	76,448	$	71,096	$	5,352	$	—	$	—
Goodwill acquired(1)		630		—		—		—		630
Balances December 31, 2014	$	77,078	$	71,096	$	5,352	$	—	$	630
Goodwill acquired(2)		19,387		—		—		19,387		—
Balances December 31, 2015	$	96,465	$	71,096	$	5,352	$	19,387	$	630

⁽¹⁾

Goodwill of $0.6 million related to the April 30, 2014 FleetNet acquisition is expected to be fully deductible for tax purposes.

⁽²⁾

Goodwill of $4.2 million and $15.2 million related to the January 2, 2015 acquisition of Smart Lines and the December 1, 2015 acquisition of Bear, respectively, is expected to be fully deductible for tax purposes. The fair value assessment of assets and liabilities acquired with Bear was based on preliminary information as of December 31, 2015.

Schedule of intangible assets

Intangible assets consisted of the following as of December 31:


		2015						2014
	Weighted-Average			Accumulated		Net				Accumulated		Net
	Amortization Period	Cost		Amortization		Value			Cost	Amortization		Value
	(in years)	(in thousands)						(in thousands)
Finite-lived intangible assets
Customer relationships(1)	13	$	52,221	$	11,331	$	40,890	$	44,242	$	7,971	$	36,271
Driver network	3		3,200		3,200		—		3,200		2,711		489
Other	8		1,032		257		775		1,032		105		927
	13		56,453		14,788		41,665		48,474		10,787		37,687
Indefinite-lived intangible assets
Trade name	N/A		32,300		N/A		32,300		32,300		N/A		32,300
Other	N/A		2,822		N/A		2,822		2,822		N/A		2,822
			35,122				35,122		35,122				35,122
Total intangible assets	N/A	$	91,575	$	14,788	$	76,787	$	83,596	$	10,787	$	72,809

⁽¹⁾

Customer relationships include $7.3 million related to the December 1, 2015 acquisition of Bear. The fair value assessment of assets and liabilities acquired with Bear was based on preliminary information as of December 31, 2015.