GOODWILL

Goodwill is comprised of the following:



(in millions)	Racing		Casinos		TwinSpires		Big Fish Games			Total
Balance as of December 31, 2014	$	51.7	$	117.6	$	131.3	$	540.3		$	840.9
Additions	—		—		0.8		—			0.8
Balance as of December 31, 2015	51.7		117.6		132.1		540.3			841.7
Adjustments	—		—		—		(9.5		)	(9.5		)
Balance as of December 31, 2016	$	51.7	$	117.6	$	132.1	$	530.8		$	832.2

We performed our annual goodwill impairment analysis for 2016 in accordance with ASU No. 2011-08, Intangibles-Goodwill and Other: Testing Goodwill for Impairment. This analysis included an assessment of quantitative factors to determine whether it is more likely than not that the fair values of the reporting units are less than the carrying amounts. We assessed our goodwill by performing step one fair value calculations on a quantitative basis for each of our reporting units. We concluded that the fair values of our reporting units exceeded the carrying values and therefore step two of the assessment was not required. We concluded that goodwill had not been impaired based on the annual goodwill impairment analysis.

In the fourth quarter of 2016, the Company recorded an out-of-period adjustment to increase deferred tax assets and decrease goodwill by $9.5 million to correct errors that originated in the purchase price allocation for Big Fish Games. The Company determined that the error was not material to any of the Company's prior annual and interim period financial statements.

The carrying amount of our reporting segments has been retrospectively adjusted to conform to the 2016 presentation as discussed in Note 2, Significant Accounting Policies.