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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2014
GOODWILL [Abstract]  
Schedule of Goodwill [Table Text Block]
Changes in goodwill consisted of the following (amounts in thousands):
 
2014
 
2013
 
 
 
Earthmoving/
 
 
 
 
 
 
 
Earthmoving/
 
 
 
 
 
Agricultural
 
Construction
 
Consumer
 
 
 
Agricultural
 
Construction
 
Consumer
 
 
 
Segment
 
Segment
 
Segment
 
Total
 
Segment
 
Segment
 
Segment
 
Total
Goodwill, January 1
$
24,540

 
$
14,898

 
$
2,637

 
$
42,075

 
$
11,522

 
$
13,419

 
$

 
$
24,941

Foreign currency translation
252

 
642

 
(70
)
 
824

 
(993
)
 
(1,605
)
 

 
(2,598
)
Goodwill, June 30
$
24,792

 
$
15,540

 
$
2,567

 
$
42,899

 
$
10,529

 
$
11,814

 
$

 
$
22,343

Schedule of Intangible Assets and Goodwill [Table Text Block]
The components of intangible assets consisted of the following (amounts in thousands):
 
Weighted- Average Useful Lives (in Years)
 
June 30,
2014
 
December 31, 2013
Amortizable intangible assets:
 
 
 
 
 
     Customer relationships
13.1
 
17,248

 
16,659

     Patents, trademarks and other
6.3
 
20,148

 
20,561

          Total at cost
 
 
37,396

 
37,220

     Less accumulated amortization
 
 
(6,544
)
 
(4,607
)
 
 
 
30,852

 
32,613

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The estimated aggregate amortization expense at June 30, 2014, is as follows (amounts in thousands):
July 1 - December 31, 2014
$
2,306

2015
4,219

2016
3,371

2017
3,196

2018
3,196

Thereafter
14,564

 
$
30,852