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Goodwill
12 Months Ended
Dec. 31, 2014
Disclosure - Goodwill - Additional Information [Abstract]  
Goodwill
Goodwill
During the year ended December 31, 2013, the Company recorded $2.5 million of goodwill in connection with its acquisition of Marine and Remote Sensing Solutions, Ltd. ("MARSS") and $2.4 million of goodwill in connection with its acquisition of certain tangible assets and intellectual property from DigitalOptics Corporation East ("DOC Charlotte"). See Note 18, "Business Acquisitions," for additional information.
The following summarizes goodwill activity for the year ended December 31, 2013 (in thousands):
 
Goodwill
Balance, December 31, 2012
$
564,306

Goodwill from acquisitions
4,864

Currency translation adjustments
6,531

Balance, December 31, 2013
$
575,701

In February 2014, the Company announced a realignment of its business which resulted in the formation of six reportable operating segments effective as of January 1, 2014. This reorganization required the Company to reassign its reported goodwill as of January 1, 2014 to its new reporting units based on the relative fair value of the respective business units at that time.
The carrying value of goodwill by reporting segment and the activity for the year ending December 31, 2014 is as follows (in thousands):
 
Surveillance
 
Instruments
 
OEM & Emerging Markets
 
Maritime
 
Security
 
Detection
 
Total
Balance, January 1, 2014
$
108,693

 
$
163,995

 
$
92,166

 
$
114,419

 
$
48,199

 
$
48,229

 
$
575,701

Currency translation adjustments
(1,266
)
 
(8,468
)
 
(4,683
)
 
(4,439
)
 
(2,489
)
 
(66
)
 
(21,411
)
Other activity

 

 
(955
)
 

 

 

 
(955
)
Balance, December 31, 2014
$
107,427

 
$
155,527

 
$
86,528

 
$
109,980

 
$
45,710

 
$
48,163

 
$
553,335


Other activity in the OEM and Emerging Markets segment is a reduction in goodwill that was related to the Company's August 2014 sale of certain tangible assets and intellectual property related to the design and manufacturing of non-thermal micro-optics.
The Company reviews its goodwill for impairment annually during the third quarter, or more frequently, if events or circumstances indicate that the carrying value of these assets exceeds their fair value. During the third quarter of 2014, the Company completed its annual review of goodwill and determined that no impairment of its recorded goodwill was necessary. As of December 31, 2014, there had been no triggering events or indicators of impairment that would require an updated impairment review.