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Goodwill | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL | GOODWILL The changes in the carrying amount of goodwill for the twelve months ended December 31, 2016, 2017, and 2018 are as follows:
| Industrial |  |  | Agricultural |  |  | European |  |  | Consolidated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2015 |  | $ | 56,293 |  |  | $ | 2,984 |  |  | $ | 16,232 |  |  | $ | 75,509
Translation adjustment |  | 154 |  |  | 505 |  |  | (1,343) |  |  | (684)
Balance at December 31, 2016 |  | $ | 56,447 |  |  | $ | 3,489 |  |  | $ | 14,889 |  |  | $ | 74,825
Translation adjustment |  | 389 |  |  | (27) |  |  | 1,833 |  |  | 2,195
Goodwill acquired |  | 4,846 |  |  | 2,895 |  |  | — |  |  | 7,741
Balance at December 31, 2017 |  | $ | 61,682 |  |  | $ | 6,357 |  |  | $ | 16,722 |  |  | $ | 84,761
Translation adjustment |  | (659) |  |  | (901) |  |  | (816) |  |  | (2,376)
Goodwill adjustment |  | 84 |  |  | 774 |  |  | — |  |  | 858
Balance at December 31, 2018 |  | $ | 61,107 |  |  | $ | 6,230 |  |  | $ | 15,906 |  |  | $ | 83,243

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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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