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GOODWILL (Table)
6 Months Ended
Jun. 30, 2011
Goodwill [Abstract]  
Schedule Of Goodwill [Text Block]
   (In thousands) 
  Flow Control Motion Control Metal Treatment Consolidated 
December 31, 2010 $ 310,047 $ 354,607 $ 28,918 $ 693,572 
Acquisitions   5,191   4,108   3,476   12,775 
Foreign currency translation adjustment   1,601   9,298   171   11,070 
Goodwill adjustments   -   (4,160)   -   (4,160) 
June 30, 2011 $ 316,839 $ 363,853 $ 32,565 $ 713,257