Goodwill, net

12 Months Ended

Dec. 31, 2012

Goodwill, Net / Intangible Assets, Net [Abstract]

Goodwill, net

10) Goodwill, Net

As of December 31, 2012, 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 2012, 2011, and 2010. For the years ended December 31, 2012, 2011 and 2010, 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, 2012, 2011 and 2010 are as follows:

(In thousands)	Metal Bearing Components Segment
Balance as of January 1, 2010	$	9,278
Currency impacts		(882	)
Balance as of December 31, 2010	$	8,396
Currency impacts		(357	)
Balance as of December 31, 2011	$	8,039
Currency impacts		215
Balance as of December 31, 2012	$	8,254

The cumulative accumulated impairment charges included in the reported goodwill balances at December 31, 2012, 2011 and 2010 were $40,045 all of which were posted during the years ended December 31, 2008 and 2007.