9. Goodwill

The following table sets forth the change in the carrying amount of goodwill for the Company in 2014 (in thousands):

		2014
Balance as of January 1,
Goodwill	$	155,829
Accumulated impairment losses		(44,636	)
		111,193
Acquisitions and other purchase price adjustments		10,840
Balance as of September 30,
Goodwill	$	166,669
Accumulated impairment losses		(44,636	)
	$	122,033

In 2014 the change in the carrying amount of goodwill is attributable to our acquisitions of Slone, West Orange, and Truss Rite. There were no changes to the carrying amount of goodwill in 2013. The amount allocated to goodwill is attributable to the assembled workforce of the acquired companies as well as the synergies expected to arise as a result of these acquisitions. All of the goodwill recognized from these acquisitions is expected to be deductible for tax purposes. The goodwill recognized from these acquisitions will be amortized ratably over a 15 year period for tax purposes.