10.

Goodwill

The changes in the carrying amount of goodwill from the acquisition of Fabrinet UK were as follows:


(amount in thousands)	Goodwill
Balance as of June 30, 2017	$	3,806
Foreign currency translation adjustment		127

Balance as of December 29, 2017	$	3,933

(amount in thousands)	Goodwill
Balance as of June 24, 2016	$	—
Addition in connection with business acquisition		3,883
Foreign currency translation adjustment		(77	)

Balance as of June 30, 2017	$	3,806

Goodwill is not deductible for tax purposes. Goodwill will not be amortized but is reviewed annually for impairment or more frequently whenever changes or circumstances indicate the carrying amount of goodwill may not be recoverable.