Goodwill

The changes in the carrying amount of goodwill for our subscription and software reporting unit during the nine months ended March 31, 2017 was as follows:



	Gross Carrying Amount			Accumulated Impairment Losses			Effect of Currency Translation			Net Carrying Amount
	(Dollars in Thousands)
June 30, 2016:	$	89,007		$	(65,569	)	$	—		$	23,438
Goodwill from Mtell acquisition	28,160			—			—			28,160
Goodwill from technology acquisition	2,000			—			—			2,000
Subsequent Fidelis goodwill adjustment	(62		)	—			—			(62		)
Subsequent Mtell goodwill adjustment	(2,272		)	—			—			(2,272		)
Foreign currency translation and other	—			—			(355		)	(355		)
March 31, 2017:	$	116,833		$	(65,569	)	$	(355	)	$	50,909

During the three months ended March 31, 2017, we recorded a goodwill adjustment of approximately $2.3 million to increase the value of the deferred tax assets acquired through our acquisition of Mtell. No triggering events indicating goodwill impairment occurred during the nine months ended March 31, 2017.