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Goodwill
12 Months Ended
Dec. 31, 2015
Goodwill [Abstract]  
Goodwill

Note 7 Goodwill

 

The following are the changes in the carrying amount of goodwill by geographic reporting unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Americas

 

EMEA

 

Asia Pacific

 

Total

Balance at December 31, 2013

 

$

264,735 

 

 

71,155 

 

 

34,176 

 

 

370,066 

Acquisitions and adjustments

 

 

72,872 

 

 

163,025 

 

 

 —

 

 

235,897 

Effect of foreign currency exchange rates

 

 

1,804 

 

 

(17,238)

 

 

(992)

 

 

(16,426)

Balance at December 31, 2014

 

 

339,411 

 

$

216,942 

 

$

33,184 

 

$

589,537 

Acquisitions and adjustments

 

 

47,452 

 

 

2,602 

 

 

5,208 

 

 

55,262 

Impairment of goodwill

 

 

(382,271)

 

 

(61,388)

 

 

 —

 

 

(443,659)

Effect of foreign currency exchange rates

 

 

(4,592)

 

 

(7,635)

 

 

(1,038)

 

 

(13,265)

Balance at December 31, 2015

 

$

 —

 

$

150,521 

 

$

37,354 

 

$

187,875 

 

The effect of foreign currency exchange in this table reflects the impact on goodwill of amounts recorded in currencies other than the U.S. dollar on the financial statements of subsidiaries in these geographic areas resulting from the yearly effect of foreign currency translation between the applicable functional currency and the U.S. dollar. The remaining goodwill for EMEA and the entire amount of goodwill for Asia Pacific represent amounts allocated in U.S. dollars from the U.S. to those geographic areas for financial reporting purposes.

 

For discussion on goodwill impairment testing, see Note 2 to the Consolidated Financial Statements.