GOODWILL

Goodwill by reportable segment was as follows:



	North America			Europe			Total
Balance as of January 1, 2015	$	31,078		$	26,339		$	57,417
Netsoft purchase accounting adjustment (Note 2)	30			—			30
Jointech purchase accounting adjustment (Note 2)	—			6,181			6,181
GGA purchase accounting adjustment (Note 2)	(4,807		)	—			(4,807		)
Great Fridays purchase accounting adjustment (Note 2)	—			4,281			4,281
Effect of net foreign currency exchange rate changes	(151		)	(744		)	(895		)
Balance as of June 30, 2015	$	26,150		$	36,057		$	62,207

Excluded from the table above is the Other and Russia segments. In 2011, the Company recorded an accumulated impairment loss of $1,697 in the Other operating segment, reducing the carrying value of goodwill to $0. In the fourth quarter of 2014, the Company recorded an accumulated impairment loss of $2,241 for the Russia operating segment, reducing the carrying value of goodwill to $0. All existing assets that related to the Russia segment, excluding goodwill and including any unrecognized intangible assets, were assessed by management and deemed not to be impaired.

There were no accumulated impairments losses in any of the North America or Europe operating segments as of June 30, 2015 or December 31, 2014.