GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of goodwill by reportable operating segment



	Total		ArcBest		FleetNet
	(in thousands)
Balances December 31, 2014	$	77,078	$	76,448	$	630
Goodwill acquired(1)		19,387		19,387		—
Balances December 31, 2015	$	96,465	$	95,835	$	630
Goodwill acquired(2)		12,640		12,640		—
Goodwill divested(3)		(842)		(842)		—
Purchase accounting adjustments		612		612		—
Balances December 31, 2016	$	108,875	$	108,245	$	630

⁽¹⁾

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.

⁽²⁾

Goodwill related to the September 2, 2016 acquisition of LDS is expected to be fully deductible for tax purposes. The fair value assessment of assets and liabilities acquired with LDS was based on preliminary information as of December 31, 2016.

⁽³⁾

Goodwill divested due to the sale of certain non-strategic businesses was determined based on the relative fair value of the businesses sold to the total fair value of the reporting unit.

Schedule of intangible assets

Intangible assets consisted of the following as of December 31:


		2016						2015
	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)	14	$	60,431	$	15,350	$	45,081	$	52,221	$	11,331	$	40,890
Driver network	3		3,200		3,200		—		3,200		3,200		—
Other	9		1,032		406		626		1,032		257		775
	13		64,663		18,956		45,707		56,453		14,788		41,665
Indefinite-lived intangible assets
Trade name	N/A		32,300		N/A		32,300		32,300		N/A		32,300
Other	N/A		2,500		N/A		2,500		2,822		N/A		2,822
			34,800				34,800		35,122				35,122
Total intangible assets	N/A	$	99,463	$	18,956	$	80,507	$	91,575	$	14,788	$	76,787

⁽¹⁾

Customer relationships include $7.7 million related to the September 2, 2016 acquisition of LDS. The fair value assessment of assets and liabilities acquired with LDS was based on preliminary information as of December 31, 2016.

Schedule of future amortization for intangible assets and acquired software


			Intangible		Acquired
	Total		Assets		Software(1)
	(in thousands)
2017	$	7,236	$	4,538	$	2,698
2018		6,654		4,520		2,134
2019		5,469		4,482		987
2020		4,471		4,454		17
2021		4,418		4,412		6
Thereafter		23,301		23,301		—
Total amortization	$	51,549	$	45,707	$	5,842

⁽¹⁾

Acquired software is reported in property, plant and equipment.