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Goodwill, net
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, net

Note 7. Goodwill, net

The changes in the carrying amount of goodwill, net for the three month period ended March 31, 2016 are as follows:

 

     Precision
Bearing
Components
Group
     Autocam
Precision
Components
Group
     Precision
Engineered
Products
Group
     Total  

Balance as of December 31, 2015

   $ 9,111       $ 73,992       $ 366,795       $ 449,898   

Currency impacts

     292         —           —           292   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance as of March 31, 2016

   $ 9,403       $ 73,992       $ 366,795       $ 450,190   
  

 

 

    

 

 

    

 

 

    

 

 

 

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 March 31, 2016, there were no indications of impairment at the reporting units with goodwill balances.