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Note 15 - Goodwill
 9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Goodwill Disclosure [Text Block]

15.

Goodwill

 

Our reporting units are either our operating segments or components of our operating segments depending on the level at which segment management oversees the business. Prior to the Merger, Legacy Expro’s reporting units included Europe and the Commonwealth of Independent States, Sub-Saharan Africa, MENA, Asia, North America and Latin America. During 2021, due to the Merger we changed our internal organization and reporting structure and as a result, our operating segments, NLA, ESSA, MENA and APAC, are also our reporting units.

 

The allocation of goodwill by operating segment as of September 30, 2022 and December 31, 2021 is as follows (in thousands):

 

  

September 30,

  

December 31,

 
  

2022

  

2021

 

NLA

 $118,511  $93,608 

ESSA

  80,058   66,283 

MENA

  4,218   3,331 

APAC

  18,193   16,681 

Total

 $220,980  $179,903 

 

During the third quarter of 2022, goodwill associated with the Merger increased by $41.1 million as a result of measurement period adjustments to our preliminary estimates due to additional information received. Please see Note 3 “Business combinations and dispositions” for additional information. As of September 30, 2022, we did not identify any triggering events that would represent an indicator of impairment of our goodwill. Accordingly, no impairment charges related to goodwill have been recorded during the three and nine months ended September 30, 2022.