Goodwill

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Note 5 – Goodwill

Goodwill activity for the two years ended December 31, 2014 consisted of the following:

Net balance at December 31, 2012	$	13,176
Additions - Cronto		9,223
Net foreign currency translation		1,133
Net balance at December 31, 2013	$	23,532
Additions		919
Net foreign currency translation		(2,243	)
Net balance at December 31, 2014	$	22,208
December 31, 2014 balance at cost	$	23,130
Accumulated amortization		(922	)
Net balance at December 31, 2014	$	22,208

Additions – Cronto refers to goodwill related to the acquisition of Cronto described above.

Certain portions of goodwill are denominated in local currencies and are subject to currency fluctuations.