GOODWILL (Table)

12 Months Ended

Dec. 31, 2021

Goodwill [Abstract]

Schedule Of Goodwill [Text Block]

The changes in the carrying amount of goodwill for 2021 and 2020 are as follows:

(In thousands)	Aerospace & Industrial		Defense Electronics		Naval & Power		Consolidated
December 31, 2019	$	314,667	$	441,291	$	410,722	$	1,166,680
Acquisitions	—		256,733		28,467		285,200
Impairment on assets held for sale (1)	—		—		(9,598)		(9,598)
Adjustments	—		(1,385)		—		(1,385)
Foreign currency translation adjustment	2,254		7,276		4,710		14,240
December 31, 2020	$	316,921	$	703,915	$	434,301	$	1,455,137
Adjustments (2)	—		12,943		—		12,943
Foreign currency translation adjustment	(774)		(2,844)		(1,436)		(5,054)
December 31, 2021	$	316,147	$	714,014	$	432,865	$	1,463,026

(1) Amount relates to the Corporation's industrial valves business in Germany, which was classified as held for sale as of December 31, 2020.

(2) Amount primarily relates to post-closing adjustments on the Corporation's acquisition of PacStar in October 2020.