Goodwill, net

12 Months Ended

Dec. 31, 2011

Goodwill, net/Intangible assets, net [Abstract]

Goodwill, net

10) Goodwill, Net

As of December 31, 2011, we have recorded goodwill at only one site, the Pinerolo Plant reporting unit of the Metal Bearing Components Segment. We completed our annual goodwill impairment review during the fourth quarters of 2011, 2010, and 2009. For the year ended December 31, 2011, we concluded that there were no indicators of impairment at the Pinerolo Plant reporting unit.

The changes in the carrying amount of goodwill for the years ended December 31, 2011, 2010 and 2009 are as follows:

(In thousands)	Metal Bearing Components Segment
Balance as of January 1, 2009	$	8,908
Currency impacts		370
Balance as of December 31, 2009	$	9,278
Currency impacts		(882	)
Balance as of December 31, 2010	$	8,396
Currency impacts		(357	)
Balance as of December 31, 2011	$	8,039

The cumulative accumulated impairment charges included in the reported goodwill balances at December 31, 2011, 2010 and 2009 are $40,045.