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Goodwill
6 Months Ended
Dec. 31, 2016
Goodwill Disclosure [Abstract]  
Goodwill
GOODWILL
The following table summarizes the changes between June 30, 2016 and December 31, 2016 in the carrying amount of goodwill in total and by reporting segment:
 
(Dollars in millions)
Softgel Technologies
 
Drug Delivery Solutions
 
Clinical Supply Services
 
Total
Balance at June 30, 2016
$
405.9

 
$
435.1

 
$
155.5

 
$
996.5

Additions/(impairments)

 
48.7

 

 
48.7

Foreign currency translation adjustments
(12.9
)
 
(13.8
)
 
(10.0
)
 
(36.7
)
Balance at December 31, 2016
$
393.0

 
$
470.0

 
$
145.5

 
$
1,008.5


The $48.7 million addition in goodwill within DDS is associated with the acquisition of Pharmatek Laboratories, Inc. in September 2016 and the preliminary fair value allocation. The Company is in the process of finalizing the valuation of the individual assets acquired and liabilities assumed. The goodwill addition reported above is based on the best current estimate of management. The fair value allocation is expected to be completed upon finalization of an independent appraisal over the next several months, but no later than one year from the acquisition date.
No goodwill impairment charge was required during the current or comparable prior year period. When required, impairment charges are recorded within the consolidated statements of operations as impairment charges and (gain)/loss on sale of assets.