4. Balance Sheets—Additional Information

As of	March 31, 2018			June 30, 2017
Inventories
Raw materials		$	69,687		$	54,861
Work-in-process			14,153			12,402
Finished goods			100,638			93,970
		$	184,478		$	161,233

In September 2017, we acquired a business for $15,000. The business develops, manufactures and markets animal health products. We accounted for the acquisition as a business combination in accordance with ASC 805, Business Combinations. Pro forma information giving effect to the acquisition has not been provided because the results are not material to the consolidated financial statements. Net assets acquired included accounts receivable, inventories, property, plant and equipment, intangible assets, goodwill, accounts payable, accrued expenses and other liabilities. Goodwill is not deductible for income tax purposes. We may further refine the determination of certain assets and liabilities during the measurement period. The business is included in the Animal Health segment.

As of	March 31, 2018			June 30, 2017
Goodwill roll-forward
Balance at beginning of period		$	23,982		$	21,121
Purchase price allocation adjustment			—			2,861
Acquisition			5,642			—
Balance at end of period		$	29,624		$	23,982

We evaluate our investments in equity method investees for impairment if circumstances indicate that the fair value of the investment may be impaired. The assets underlying a $4,106 equity investment are currently idled; we have concluded the investment is not currently impaired, based on expected future operating cash flows and/or disposal value.

As of	March 31, 2018			June 30, 2017
Accrued expenses and other current liabilities
Employee related		$	25,238		$	26,553
Commissions and rebates			5,949			6,443
Insurance related			1,541			1,515
Professional fees			4,631			3,823
Income and other taxes			3,760			3,035
Other			12,278			11,283
		$	53,397		$	52,652

As of	March 31, 2018			June 30, 2017
Accumulated other comprehensive income (loss)
Derivative instruments		$	4,118		$	2,686
Foreign currency translation adjustment			(47,346)			(43,556)
Unrecognized net pension gains (losses)			(17,719)			(18,059)
(Provision) benefit for income taxes on derivative instruments			(1,064)			(1,553)
(Provision) benefit for incomes taxes on long-term intercompany investments			8,166			8,166
(Provision) benefit for income taxes on pension gains (losses)			(3,223)			(3,121)
		$	(57,068)		$	(55,437)