The following table provides a summary of changes in the carrying amount of the Company’s goodwill:

 
 
Year Ended July 31,
 
 
2016
 
2015
 
2014
 
 
(in thousands)
Balance at beginning of period
 
$
14,744

 
$
14,744

 
$

Acquisition
 

 

 
14,744

Balance at end of period
 
$
14,744

 
$
14,744

 
$
14,744