Note 5. Goodwill

The carrying amount of goodwill at June 30, 2012 and March 31, 2012 was $34.7 million and $36.8 million, respectively, and has been recorded in connection with the Company’s acquisition of Impella Cardiosystems AG, or Impella, in 2005. The goodwill activity for the three months ended June 30, 2012 is as follows (in thousands):


Balance at March 31, 2012	$	36,846
Exchange rate impact		(2,105	)

Balance at June 30, 2012	$	34,741