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Goodwill, net
 6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, net

Note 7. Goodwill, net

The changes in the carrying amount of goodwill, net for the six months ended June 30, 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

      126         —           —           126   

Goodwill changes from measurement period

      —           —           (1,334 )       (1,334 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Balance as of June 30, 2016

    $ 9,237       $ 73,992       $ 365,461       $ 448,690   
  

 

 

     

 

 

     

 

 

     

 

 

  

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 noted in Note 2. Acquisitions, some measurement period adjustments to goodwill were made for the PEP acquisition. As of June 30, 2016, there were no indications of impairment at the reporting units with goodwill balances.