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Goodwill, net
 6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, net

Note 7. Goodwill, net

The changes in the carrying amount of goodwill, net for the six month period ended June 30, 2015 are as follows:

 

(In Thousands of Dollars)

    Metal Bearing
Components
Segment		      Autocam
Precision
Components
Segment		      Plastic and
Rubber
Segment		      Total  

Balance as of January 1, 2015

    $ 9,949       $ 73,992         —         $ 83,941   

Goodwill acquired in acquisition

      —           —           2,099         2,099   

Currency translation impacts

      (604 )       —           —           (604 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Balance as of June 30, 2015

    $ 9,345       $ 73,992       $ 2,099       $ 85,436   
  

 

 

     

 

 

     

 

 

     

 

 

  

The goodwill balances are tested for impairment on an annual basis during the fourth quarter and between annual tests if a triggering event occurs. As of June 30, 2015, there were no indications of impairment at the reporting units with goodwill balances.