Note 5 – Goodwill

Goodwill activity for the two years ended December 31, 2019 consisted of the following:


in thousands
Net balance at December 31, 2017	$	56,332
Additions		38,167
Net foreign currency translation		(2,658)
Net balance at December 31, 2018	$	91,841
Adjustment to provisional estimate of acquisition date fair values		1,128
Net foreign currency translation		1,643
Net balance at December 31, 2019	$	94,612

Certain portions of goodwill are denominated in local currencies and are subject to currency fluctuations. No impairment of goodwill was recorded during the years ended December 31, 2019, 2018, or 2017.