Goodwill

9 Months Ended

Sep. 30, 2011

Goodwill

Goodwill

Note 9—Goodwill

The changes in the carrying value of goodwill for the nine months ended September 30, 2011 were as follows (in thousands):

	Goodwill
Balance at December 31, 2010	$	145,580
Additions from Syncova acquisition	15,991
Additions from Black Diamond acquisition	44,243
Translation adjustments	601
Balance at September 30, 2011	$	206,415

During the nine months ended September 30, 2011, the US dollar weakened against the Pound Sterling, Euro and other European currencies in the first six months of the year and strengthened against these currencies during the third quarter of 2011. Foreign currency translation adjustments totaling $0.6 million reflect the overall general weakening of the US dollar versus the Pound Sterling, Euro and other European currencies during the nine months ended September 30, 2011.