Goodwill

The following table sets forth the changes in the carrying amount of goodwill for the nine months ended March 31, 2014:



	MCE		MDS		MIS		Total
Balance at June 30, 2013	$	133,783	$	33,768	$	8,970	$	176,521
Goodwill adjustment for the Micronetics acquisition	595		—		—		595
Balance at March 31, 2014	$	134,378	$	33,768	$	8,970	$	177,116

In the nine months ended March 31, 2014, there were no triggering events, as defined by FASB ASC 350, which required an interim goodwill impairment test. The Company performs its annual goodwill impairment test in the fourth quarter of each fiscal year. Prior to the end of the measurement period for the Micronetics acquisition, August 7, 2013, the Company recorded a $91 adjustment to goodwill resulting from changes in the fair value estimates derived from additional information gathered. Additionally, the Company adjusted approximately $504 of goodwill which was identified subsequent to the measurement period as a correction of an immaterial error that was fully offset by deferred income taxes. The Company concluded that the impact of the correction was neither quantitatively nor qualitatively material to its March 31, 2014 consolidated balance sheet nor to each of the prior respective quarter ends during fiscal 2014.

The Company determines its reporting units in accordance with FASB ASC 350, by assessing whether discrete financial information is available and if management regularly reviews the operating results of that component. Following this assessment, the Company determined that its reporting units are the same as its operating segments, MCE, MDS and MIS.