Goodwill

The following table sets forth the changes in the carrying amount of goodwill by reporting unit for the nine months ended March 31, 2017:



	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	—		—		(1,487		)	(1,487		)
Goodwill arising from the CES acquisition	23,173		—		—			23,173
Balance at March 31, 2017	$	157,551	$	39,406	$	168,756		$	365,713

During the nine months ended March 31, 2017, the Company recorded a $(1,487) adjustment to goodwill related to the acquisition of the Carve-Out Business. The adjustments were related to the finalization of a working capital adjustment offset by changes in fair value estimates derived from additional information obtained during the measurement period.

In the nine months ended March 31, 2017, 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.