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Goodwill
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9 Months Ended | ||||||||||||||||||||||||||||
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Sep. 30, 2012
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| Goodwill [Abstract] | |||||||||||||||||||||||||||||
| Goodwill | Goodwill The following table presents the changes in the Company’s goodwill balance:
Goodwill in 2011 arose from four acquisitions completed in that year. The movement in 2012 relates to revisions to the preliminary purchase price allocation in respect of acquisitions in the second half of 2011. There were no business acquisitions during the nine months ended September 30, 2012. The Company's most recent annual impairment analysis was performed in the fourth quarter of the year ended December 31, 2011 and indicated that the fair value of each of its three reporting units significantly exceeded the carrying amount of the respective reporting unit's book value of goodwill at that time. |
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