Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.24.0.1
Goodwill and Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the goodwill balances by reportable segment are as follows:
U.S. Regions U.S. Federal Canada Alternative
Fuels		 Europe Other Total
Carrying Value of Goodwill
Balance, December 31, 2021 $ 39,204  $ 3,981  $ 3,454  $ —  $ 6,627  $ 17,891  $ 71,157 
Remeasurement adjustments 389  —  —  —  —  389 
Foreign currency translation —  —  (218) —  (695) —  (913)
Balance, December 31, 2022 39,593  3,981  3,236  —  5,932  17,891  70,633 
Goodwill acquired during the year —  —  —  —  6,855  —  6,855 
Remeasurement adjustments —  —  —  —  (165) —  (165)
Impairment charges, net of tax (2,222) —  —  —  —  —  (2,222)
Foreign currency translation —  —  73  —  413  —  486 
Balance, December 31, 2023 $ 37,371  $ 3,981  $ 3,309  $ —  $ 13,035  $ 17,891  $ 75,587 
Accumulated Goodwill Impairment
Balance, December 31, 2022 $ —  $ —  $ (1,016) $ —  $ —  $ —  $ (1,016)
Balance, December 31, 2023 $ (2,222) $ —  $ (1,016) $ —  $ —  $ —  $ (3,238)
Schedule of Intangible Assets, Net
Definite-lived intangible assets, net consisted of the following:
As of December 31,
2023 2022
Gross carrying amount
Customer contracts $ 8,859  $ 8,288 
Customer relationships 21,182  17,755 
Non-compete agreements 3,013  2,980 
Technology 2,723  2,713 
Tradenames 1,370  541 
Total gross carrying amount 37,147  32,277 
Accumulated Amortization
Customer contracts 8,859  8,288 
Customer relationships 14,979  13,066 
Non-compete agreements 3,013  2,980 
Technology 2,723  2,713 
Tradenames 765  537 
Total accumulated amortization 30,339  27,584 
Intangible assets, net $ 6,808  $ 4,693 
The table below sets forth amortization expense:
Year Ended December 31,
Location 2023 2022 2021
Customer contracts Cost of revenues $ —  $ 551  $ — 
Customer relationships Selling, general and administrative expenses 2,141  1,303  310 
Technology Selling, general and administrative expenses —  1  8 
Tradenames Selling, general and administrative expenses 225  3  3 
Total amortization expense $ 2,366  $ 1,858  $ 321 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Amortization expense for our definite-lived intangible assets for the next five years to be included in selling, general, and administrative expenses is as follows:
Estimated Amortization Expense
2024 $ 2,147 
2025 2,146 
2026 1,714 
2027 640 
2028 161 
Total $ 6,808