Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v2.4.0.8
Goodwill
 6 Months Ended
Jun. 30, 2014
Goodwill

7. GOODWILL

The following is a summary of the changes to the carrying amount of goodwill for the six months ended June 30, 2014 and the year ended December 31, 2013:

 

 

  

2014

 

 

2013

 

Beginning

  

 

 

 

 

 

 

 

Gross balance

  

$

37,446

 

 

$

33,306

  

Accumulated impairment losses

  

 

(17,415

)

 

 

(17,415

)

Net balance

  

 

20,031

 

 

 

15,891

  

Purchase price adjustments from earnouts

  

 

(23

)

 

 

1,795

 

Acquisition of Ten-Sixty

  

 

—

 

 

 

2,345

  

Ending

  

 

 

 

 

 

 

 

Gross balance

  

 

37,423

 

 

 

37,446

  

Accumulated impairment losses

  

 

(17,415

)

 

 

(17,415

)

Net balance

  

$

20,008

 

 

$

20,031