GOODWILL

The following is a summary of the changes in the carrying value of the Company’s goodwill, which was included under the caption "Other Assets" in the accompanying Condensed Consolidated Balance Sheets, as of September 30, 2016 and December 31, 2015. The goodwill related to the earn-out payment made in 2010 for the Company’s 2007 acquisition of the businesses of Tong Zhi (Beijing) Consulting Service Ltd and Guangzhou Dong Li Consulting Service Ltd. The goodwill is recorded in the Asia Pacific segment.



	Carrying Value
	2016
Goodwill, January 1,	$	1,938
Currency translation	(52		)
Goodwill, September 30,	$	1,886

As a result of continued unfavorable financial performance in the Company's China reporting unit, the Company concluded that it is more likely than not that the fair value of the reporting unit is less than its carrying value. As such, the Company performed an interim test for impairment of goodwill as of September 30, 2016. The Company estimated the fair value of the reporting unit using the income approach which valued the reporting unit based on the future cash flows expected from the reporting unit. The Company's estimated fair value of its China reporting unit substantially exceeded its carrying value. As such, the Company concluded goodwill was not impaired as of the interim reporting date.