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Goodwill, Net
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, Net

Note 6. Goodwill, Net

The changes in the carrying amount of goodwill, net, for the six months ended June 30, 2017, are as follows:

 

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

Balance as of December 31, 2016

   $ 8,909      $ 70,717      $ 370,685      $ 450,311  

Currency impacts

     174        474        1,323        1,971  
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance as of June 30, 2017

   $ 9,083      $ 71,191      $ 372,008      $ 452,282  
  

 

 

    

 

 

    

 

 

    

 

 

 

The goodwill balances are tested for impairment on an annual basis during the fourth quarter and more often if a triggering event occurs. As of June 30, 2017, there were no indications of impairment at the reporting units with goodwill balances.