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Goodwill, net
 9 Months Ended
Sep. 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 nine month period ended September 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

      (593 )       —           —           (593 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Balance as of September 30, 2015

    $ 9,356       $ 73,992       $ 2,099       $ 85,447   
  

 

 

     

 

 

     

 

 

     

 

 

  

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 September 30, 2015, there were no indications of impairment at the reporting units with goodwill balances.