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Goodwill
12 Months Ended
Dec. 31, 2014
Goodwill  
Goodwill

9. Goodwill

        The amounts for goodwill and changes to carrying value by operating segment are as follows:

                                                                                                                                                                                    

 

 

Region
One

 

Region
Two

 

Region
Three

 

Region
Four

 

Region
Five

 

Total

 

Balance as of December 31, 2012

 

$

193,758

 

$

32,245

 

$

66,181

 

$

62,621

 

$

84,681

 

$

439,486

 

Contingent payments for businesses acquired

 

 

342

 

 

 

 

 

 

 

 

 

 

342

 

Foreign currency translation

 

 

 

 

 

 

(325

)

 

 

 

 

 

(325

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of December 31, 2013

 

$

194,100

 

$

32,245

 

$

65,856

 

$

62,621

 

$

84,681

 

$

439,503

 

Goodwill acquired

 

 

 

 

 

 

 

 

203

 

 

 

 

203

 

Contingent payments for businesses acquired

 

 

6

 

 

 

 

 

 

 

 

 

 

6

 

Foreign currency translation

 

 

 

 

 

 

(468

)

 

 

 

 

 

(468

)

Disposals

 

 

(2,572

)

 

(1,144

)

 

(2,268

)

 

(160

)

 

(212

)

 

(6,356

)

​  

​  

​  

​  

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​  

​  

Balance as of December 31, 2014

 

$

191,534

 

$

31,101

 

$

63,120

 

$

62,664

 

$

84,469

 

$

432,888

 

​  

​  

​  

​  

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​  

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​  

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​  

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        On October 31, 2014, the Company contributed all of the assets and liabilities of its proprietary Click and Park parking prepayment business in exchange for a 30 percent interest in the newly formed legal entity called Parkmobile, LLC. The contribution of the Click and Park business to the joint venture resulted in a loss of control of the subsidiary and therefore it was deconsolidated from the Company's financial statements. As a result of the deconsolidation, the Company was required to allocate $6,356 of goodwill to the net carrying amount of the subsidiary's net assets contributed to the Parkmobile joint venture. The pro-rata allocation on the disposal of goodwill at the reporting segment level was based on a relative fair value approach.