Goodwill, net

A reconciliation of the changes in the carrying amount of goodwill and accumulated impairment losses, by reporting unit, for the nine months ended September 30, 2014, is as follows:



(in thousands)	D&A			TPS			Consolidated
Balance as of January 1, 2014
Goodwill	$	689,442		$	708,757		$	1,398,199
Accumulated impairment losses	(600		)	(6,925		)	(7,525		)
Goodwill, net	688,842			701,832			1,390,674
Acquisitions	285,745			29,940			315,685
Transfer from assets of discontinued operations	—			77,616			77,616
Impairment loss on transferred assets of discontinued operations	—			(3,900		)	(3,900		)
Translation adjustments	(3,291		)	(107		)	(3,398		)
Under-banked credit services reclassification	(9,044		)	9,044			—
Other	2,714			—			2,714
Balance as of September 30, 2014
Goodwill, net	$	964,966		$	814,425		$	1,779,391

In connection with our acquisition of MSB/DataQuick, we preliminarily recorded $279.5 million of goodwill within our D&A reporting unit and $29.9 million of goodwill within our TPS reporting unit for the nine months ended September 30, 2014. Further, for the nine months ended September 30, 2014, we recorded $2.3 million of goodwill in connection with our acquisition of Terralink International Limited ("Terralink") and preliminarily recorded $3.9 million of goodwill in connection with acquisitions that were not significant, all of which were within our D&A reporting unit. See Note 13 - Acquisitions for additional information.

In December 2013, we concluded the businesses comprising the AMPS segment were not core to our long term strategy and we would actively pursue the sale of the AMPS reporting segment. As part of the process of marketing the sale of these businesses, we developed long-term projections and obtained indicative fair market values from potential participants. The level of indicative values was below the net book value of the businesses being marketed; therefore, we recorded a pre-tax non-cash impairment charge related to the previously reported AMPS discontinued operation's goodwill of $51.8 million in the fourth quarter of 2013, of which $42.2 million related to the businesses previously held as discontinued operations that have now been presented in continuing operations as noted below. During the second quarter of 2014, we identified an error which understated the 2013 goodwill impairment charge by $3.9 million previously recorded within discontinued operations and transferred to continuing operations in the third quarter of 2014 as noted below. See Note 1 - Basis of Condensed Consolidated Financial Statements for further discussion.

On September 30, 2014, we concluded to cease pursuing the sale of our technology solutions, solutions express and outsourcing services product lines. These product lines were formerly part of our AMPS segment, previously reflected as discontinued operations, and are now reflected as part of continuing operations within our TPS segment. At September 30, 2014, we allocated the former AMPS reporting unit goodwill between the businesses sold and the retained product lines based on their relative fair value and also evaluated the retained goodwill of $73.7 million at the TPS reporting unit level noting no additional impairment indicators. See Note 1 - Basis of Condensed Consolidated Financial Statements for further discussion.

In September 2014, we transferred our under-banked credit services from our D&A segment to our TPS segment, see Note 1 - Basis of Condensed Consolidated Financial Statements. As a result, we revised our reporting for segment disclosure purposes, see Note 16 - Segment Financial Information, and reassessed our reporting units for purposes of evaluating the carrying value of our goodwill. This assessment required us to perform a third quarter reassignment of our goodwill to each reporting unit impacted using the relative fair value approach based on the fair value of the reporting unit as of August 31, 2014. As of September 30, 2014 and December 31, 2013, the assessment resulted in $8.9 million and $9.0 million, respectively, of goodwill allocated to our TPS reporting unit from D&A.