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Goodwill
9 Months Ended
Sep. 30, 2011
Goodwill
Note 9. Goodwill

As of June 30, 2011, the Company has determined that there is no impairment of its recorded goodwill and as of September 30, 2011, there have been no triggering events that would require an updated impairment review. The carrying value of goodwill by reporting segment and the activity for the nine months ended September 30, 2011 is as follows (in thousands):

 

     Balance,
December 31,
2010
     Business
Acquisitions
     Currency
Translation
Adjustments
    Other(1)     Balance,
September 30.
2011
 

Thermal Vision and Measurement

   $ 236,181       $ —         $ 541      $ (102   $ 236,620   

Raymarine

     97,266         —           419        268        97,953   

Surveillance

     88,052         —           (42     2,552        90,562   

Detection

     41,026         —           —          (1,697     39,329   

Integrated Systems

     19,494         —           —          674        20,168   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 
   $ 482,019       $ —         $ 918      $ 1,695      $ 484,632   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

 

(1) Primarily relates to adjustments for tax assets and liabilities recorded in relation to recent acquisitions.

 

The Company has recorded $112.2 million of goodwill related to the acquisition of ICx Technologies, Inc. (“ICx”). ICx was reported as a separate segment for the year ended December 31, 2010. For the year ending December 31, 2011, the Company has determined that certain business units of ICx will be reported in its Surveillance, Detection and Integrated Systems segments. Accordingly, the December 31, 2010 balance in the table above has been revised to reflect the change in reporting segments of ICx.