Goodwill

3 Months Ended

Mar. 31, 2015

Goodwill.

Goodwill

Note 4—Goodwill

The changes in the carrying value of goodwill for the first quarter of 2015 were as follows (in thousands):

	Carrying Value
Balance at December 31, 2014	$	202,290
Translation adjustments	(3,736		)
Balance at March 31, 2015	$	198,554

Translation adjustments reflect the impact of translating goodwill balances denominated in various foreign currencies to the U.S. Dollar. The $(3.7) million translation adjustment resulted from a strengthening of the U.S. Dollar exchange rate versus other currencies during the first quarter of 2015.