Note 7. Goodwill, Net

The following table shows changes in the carrying amount of goodwill, net, for the nine months ended September 30, 2017.


	Autocam Precision Components Group		Precision Engineered Products Group		Total
Balance as of December 31, 2016	$	70,717	$	370,685	$	441,402
Currency impacts		736		1,358		2,094

Balance as of September 30, 2017	$	71,453	$	372,043	$	443,496

Goodwill is tested for impairment on an annual basis during the fourth quarter and more often if a triggering event occurs. As of September 30, 2017, there were no indications of impairment at the reporting units with goodwill balances.