XML 63 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
GOODWILL (Table)
 3 Months Ended
Mar. 31, 2015
Goodwill [Abstract]  
Schedule Of Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2015 are as follows:
 
(In thousands)
 
Commercial/ Industrial
 
Defense
 
Power
 
Consolidated
December 31, 2014
$
454,092

 
$
356,689

 
$
187,725

 
$
998,506

Acquisitions
6,798

 
—

 
—

 
6,798

Goodwill adjustments
—

 
1,131

 
—

 
1,131

Foreign currency translation adjustment
(9,167
)
 
(12,985
)
 
(287
)
 
(22,439
)
March 31, 2015
$
451,723

 
$
344,835

 
$
187,438

 
$
983,996



During the first quarter of 2015, the Corporation performed a goodwill impairment assessment as a result of the change in its reportable segments. The Corporation tests for goodwill impairment at the reporting unit level, which is generally one level below our reportable segments. As a result of the segment change, the Corporation performed a goodwill impairment assessment on the impacted reporting unit. Based on the results of our impairment analysis, the Corporation does not believe that an impairment exists.