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Goodwill
9 Months Ended
Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
The Company is required to test for impairment on at least an annual basis. In addition, the Company tests for impairment whenever events or circumstances indicate that it is more likely than not that the fair value of a reporting unit is below its carrying amount. Such events may include, but are not limited to, significant changes in economic and competitive conditions, the impact of the economic environment on the Company's customer base or its businesses, or a material negative change in its relationships with significant customers. The Company conducts its annual impairment assessment as of October 1.
The change in goodwill for the nine months ended September 30, 2013 was as follows:

Balance at January 1, 2013
 
$
61,056

Reclassification of prepaid asset from Novel acquisition
 
1,028

Foreign currency translation
 
(861
)
Balance at September 30, 2013
 
$
61,223