Goodwill

The following table sets forth the changes in the carrying amount of goodwill by reporting unit for the six months ended December 31, 2016:



	MCE		MDS		Carve-Out Business		Total
Balance at June 30, 2016	$	134,378	$	39,406	$	170,243	$	344,027
Goodwill adjustment for the Carve-Out Business acquisition	—		—		416		416
Goodwill arising from the CES acquisition	22,348		—		—		22,348
Balance at December 31, 2016	$	156,726	$	39,406	$	170,659	$	366,791

During the six months ended December 31, 2016, the Company recorded a $416 adjustment to goodwill related to the acquisition of the Carve-Out Business. The adjustment was the result of changes in fair value estimates derived from additional information obtained during the measurement period.

In the six months ended December 31, 2016, there were no triggering events, as defined by FASB ASC 350, Intangibles - Goodwill and Other, which required an interim goodwill impairment test. The Company performs its annual goodwill impairment test in the fourth quarter of each fiscal year.