The changes in the carrying amount of goodwill for the three months ended March 31, 2026 and the twelve months ended December 31, 2025, are as follows:


(In thousands)	Services & Support
As of December 31, 2024	$	52,918
Foreign currency translation adjustments		7,065
As of December 31, 2025	$	59,983
Foreign currency translation adjustments		(980	)
As of March 31, 2026	$	59,003

Goodwill represents the excess purchase price over the fair value of net assets acquired. The Company performs its annual goodwill impairment test as of the first day of the fourth quarter. In addition, the Company performs an interim impairment assessment prior to our annual measurement date whenever events or changes in circumstances indicate that the carrying amount of such assets (or group of assets) may not be recoverable.

No impairment of goodwill was recognized during the three months ended March 31, 2026 and 2025. As of March 31, 2026, accumulated goodwill impairment losses totaled $335.3 million.