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Goodwill and Other Intangible Assets, Net (Tables)
6 Months Ended
Jun. 29, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS, NET [Abstract]  
Schedule of Goodwill
The following table sets forth the change in the carrying amount of goodwill for each reportable segment and for the Company:

 
 
Industrial
Distribution
 
Aerospace
 
Total
In thousands
 
 
 
 
 
 
Gross balance at December 31, 2011
 
$
59,112

 
$
108,336

 
$
167,448

Accumulated impairment
 

 
(14,181
)
 
(14,181
)
Net balance at December 31, 2011
 
59,112

 
94,155

 
153,267

Additions
 

 

 

Impairments
 

 

 

Foreign currency translation
 
31

 
157

 
188

Ending balance at June 29, 2012
 
$
59,143

 
$
94,312

 
$
153,455

Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Other intangible assets consisted of:
 
 
 
 
At June 29,
 
At December 31,
 
 
 
 
2012
 
2011
 
 
Amortization
Period
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
In thousands
 
 
 
 
 
 
 
 
 
 
Customer lists / relationships
 
7-21 years
 
$
79,826

 
$
(11,830
)
 
$
79,517

 
$
(9,017
)
Trademarks / trade names
 
3-7 years
 
1,825

 
(888
)
 
1,824

 
(703
)
Non-compete agreements and other
 
1-9 years
 
4,288

 
(2,668
)
 
4,280

 
(2,254
)
Patents
 
17 years
 
636

 
(484
)
 
636

 
(467
)
Total
 
 
 
$
86,575

 
$
(15,870
)
 
$
86,257

 
$
(12,441
)