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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
ACQUISITIONS [Abstract]  
Schedule of Investments in Acquisitions [Table Text Block]
The Company invested the following in acquisitions:
 
For the year ended December 31,
 
2012
 
2011
 
2010
In thousands
 
 
 
 
 
Cash paid for acquisitions completed during the year
$
74,465

 
$
75,500

 
$
65,102

Cash paid for holdback payments during the year
12,307

 
1,460

 

Earnout and other payments during the year
1,205

 
712

 
1,447

Total investment
$
87,977

 
$
77,672

 
$
66,549

Schedule of Purchase Price Allocation
The value of the assets acquired and liabilities assumed were
recorded based on their fair value at the date of acquisition as follows (in thousands):
Cash
$
4

Accounts receivable, net
13,156

Inventories
7,384

Property, plant and equipment
3,370

Other tangible assets
738

Goodwill
38,619

Other intangible assets
24,117

Other liabilities
(10,545
)
Total of net assets acquired
76,843

Less cash received
(4
)
Net consideration
$
76,839