Goodwill, net

3 Months Ended

Mar. 31, 2012

Goodwill, net/Intangible Assets, Net [Abstract]

Goodwill, net

Note 9. Goodwill, net

The changes in the carrying amount of goodwill for the three month period ended March 31, 2012 are as follows:

Goodwill, net

(In Thousands of Dollars)	Metal Bearing Components Segment
Balance as of January 1, 2012	$	8,039
Currency translation impacts		352
Balance as of March 31, 2012	$	8,391

The goodwill balance is tested for impairment on an annual basis during the fourth quarter and between annual tests if a triggering event occurs. As of March 31, 2012, there are no indications of impairment at the remaining reporting unit with a goodwill balance.