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Goodwill, net
6 Months Ended
Jun. 30, 2012
Goodwill, net/Intangible Assets, Net [Abstract]  
Goodwill, net
Note 9. Goodwill, net

The changes in the carrying amount of goodwill, net for the six month period ended June 30, 2012 are as follows:

 

         

(In Thousands of Dollars)

  Metal
Bearing
Components
Segment
 

Balance as of January 1, 2012

  $ 8,039  
   

Currency translation impacts

    (433
   

 

 

 

Balance as of June 30, 2012

  $ 7,606  
   

 

 

 

The goodwill balance is tested for impairment on an annual basis during the fourth quarter and between annual tests if a triggering event occurs. As of June 30, 2012, there are no indications of impairment at the remaining reporting unit with a goodwill balance.