Annual report pursuant to Section 13 and 15(d)

GOODWILL

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GOODWILL
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
The following table summarizes the changes in the carrying amount of goodwill at December 31 as follows:
(In thousands) Aerospace Test Systems Total
Balance at December 31, 2021
 $ 36,648  $ 21,634  $ 58,282 
Foreign Currency Translations and Other (114) 1  (113)
Balance at December 31, 2022
 36,534  21,635  58,169 
Foreign Currency Translations and Other 41  —  41 
Balance at December 31, 2023
 $ 36,575  $ 21,635  $ 58,210 
Goodwill, Gross $ 157,276  $ 21,635  $ 178,911 
Accumulated Impairment Losses (120,701) —  (120,701)
Goodwill, Net $ 36,575  $ 21,635  $ 58,210 
The Company’s four reporting units with goodwill as of the first day of our fourth quarters of 2023, 2022 and 2021 were subject to the annual goodwill impairment test. Based on our quantitative assessments of our reporting units performed during our annual goodwill impairment tests, the Company concluded that no impairment to the carrying value of goodwill in any of the Company’s reporting units was indicated and no impairment charges were recognized in 2023, 2022 and 2021.