Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Other Intangible Assets [Abstract]

Carrying amount of goodwill on a reportable segment basis

The following represents the carrying amount of goodwill, on a reportable segment basis, as of January 1, 2012 and June 30, 2012:

(In thousands)	Wheels		Gunite		Brillion Iron Works		Total
Balance as of January 1, 2012	$	96,283	$	62,839	$	4,414	$	163,536
Balance as of June 30, 2012	$	96,283	$	62,839	$	4,414	$	163,536

Carrying amount of other intangible assets by reportable segment

The changes in the carrying amount of other intangible assets for the period January 1, 2012 to June 30, 2012, by reportable segment, are as follows:

(In thousands)	Wheels			Gunite			Brillion Iron Works			Corporate			Total
Balance as of January 1, 2012	$	138,575		$	38,968		$	2,997		$	809		$	181,349
Amortization		(3,953	)		(1,100	)		(82	)		(256	)		(5,391	)
Balance as of June 30, 2012	$	134,622		$	37,868		$	2,915		$	553		$	175,958

Summary of goodwill and other intangible assets

The summary of goodwill and other intangible assets is as follows:

			As of June 30, 2012						As of December 31, 2011
(In thousands)	Weighted Average Useful Lives		Gross Amount		Accumulated Amortization		Carrying Amount		Gross Amount		Accumulated Amortization		Carrying Amount
Goodwill		-	$	163,536	$	-	$	163,536	$	163,536	$	-	$	163,536
Other intangible assets:
Non-compete agreements		2.0	$	1,023	$	470	$	553	$	1,023	$	214	$	809
Trade names		-		33,200		-		33,200		33,200		-		33,200
Technology		10.0		38,849		9,172		29,677		38,849		7,248		31,601
Customer relationships		19.9		129,093		16,565		112,528		129,093		13,354		115,739
Other intangible assets:			$	202,165	$	26,207	$	175,958	$	202,165	$	20,816	$	181,349