The changes in the carrying amount of goodwill for the six months ended June 30, 2023 are as follows:


(In thousands)	Network Solutions		Services & Support		Total
As of December 31, 2022	$	298,280	$	83,444	$	381,724
Foreign currency translation adjustments		5,013		1,426		6,439
As of June 30, 2023	$	303,293	$	84,870	$	388,163

Related to the Business Combination with Adtran Networks the Company recognized $350.5 million of goodwill upon the closing of the Business Combination on July 15, 2022. Goodwill represents the excess purchase price over the fair value of net assets acquired. We qualitatively assess the carrying value of goodwill each reporting period for events or circumstance changes that would more likely than not reduce the fair value of the reporting unit below its carrying amount. Based on its assessment of certain qualitative factors such as macro-economic conditions, industry and market considerations, costs factors and overall financial performance, management concluded that no such events or circumstance changes were identified that would suggest that the fair value of the goodwill was more likely than not greater than it's carrying amount as of June 30, 2023. No impairment of goodwill was recorded during the three and six months ended June 30, 2023 and 2022.