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GOODWILL

12 Months Ended

Dec. 31, 2021

GOODWILL

GOODWILL

4. GOODWILL

The change in the carrying amount of goodwill for 2021 and 2020 is as follows (in thousands):

​

​	​	​	​	​	​	​
​	2021		​	2020		​
Beginning balance	$	61,860	​	$	52,935	​
Goodwill acquired (Note 2)	​	46,431	​	​	6,629	​
Effect of foreign currency translation		(1,658)	​		2,296	​
Ending balance	$	106,633	​	$	61,860	​

​

The purchase price allocations for ORMEC, ALIO and Spectrum Controls are not final as of December 31, 2021. Adjustments to these allocations may result in changes to the amounts recorded for goodwill in future periods. The purchase price allocation was finalized for the Dynamic Controls acquisition during the fourth quarter of 2020.

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- References

No definition available.

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- Definition

The entire disclosure for goodwill.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-URI http://asc.fasb.org/subtopic&trid=2144439

+ Details

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