Note 8. Goodwill, net

The changes in the carrying amount of goodwill, net for the nine month period ended September 30, 2013 are as follows:


(In Thousands of Dollars)	Metal Bearing Components Segment
Balance as of January 1, 2013	$	8,254
Currency translation impacts		183

Balance as of September 30, 2013	$	8,437

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 September 30, 2013, there are no indications of impairment at the remaining reporting unit with a goodwill balance.