XML 55 R15.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill, net | 9 Months Ended
--- | ---
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill, net | Note 9. Goodwill, net The changes in the carrying amount of goodwill, net for the nine month period ended September 30, 2014 are as follows:
(In Thousands of Dollars) |  | Metal Bearing Components Segment |  |  | Precision Metal Components Segment |  |  | Total |
Balance as of January 1, 2014 |  | $ | 8,624 |  |  | $ | — |  |  | $ | 8,624 |
Currency translation impacts |  |  | (523 | ) |  |  | — |  |  |  | (523 | )
Goodwill acquired in acquisition |  |  | 2,038 |  |  |  | 77,548 |  |  |  | 79,586 |
Balance as of September 30, 2014 |  | $ | 10,139 |  |  | $ | 77,548 |  |  | $ | 87,687 |
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 September 30, 2014, there are no indications of impairment at the reporting units with a goodwill balance. The goodwill acquired in acquisition during 2014 within the Metal Bearing Components segment was acquired with the acquisitions of RFK and Chelsea (see Note 2 of the Notes to Condensed Consolidated Financial Statements). The goodwill acquired in acquisition during 2014 within the Precision Metal Components segment was acquired during the three months ended September 30, 2014 with the acquisition of Autocam (see Note 2 of the Notes to Condensed Consolidated Financial Statements).

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill. + References No definition available. + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration