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GOODWILL (Table)
6 Months Ended
Jun. 30, 2012
Goodwill [Abstract]  
Schedule Of Goodwill [Text Block]
   (In thousands) 
  Flow Control Motion Control Metal Treatment Consolidated 
December 31, 2011 $ 328,219 $ 385,784 $ 45,439 $ 759,442 
Acquisitions   3,068   -   -   3,068 
Divestitures   -   -   (3,649)   (3,649) 
Goodwill adjustments   184   40   -   224 
Foreign currency translation adjustment   297   286   (8)   575 
June 30, 2012 $ 331,768 $ 386,110 $ 41,782 $ 759,660