XML 77 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
GOODWILL
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
GOODWILL
The following is a summary of the changes in the carrying value of the Company’s goodwill for the years ended December 31, 2012 and 2011.
 
Carrying Value
 
2012
 
2011
Goodwill, January 1,
$
1,992

 
$
1,909

Additions

 

Impairments

 

Currency translation
28

 
83

Goodwill, December 31,
$
2,020

 
$
1,992



On October 1, 2012 and 2011, the Company applied ASU 2011-08, “Testing Goodwill for Impairment” and performed a qualitative assessment to determine whether it was more likely than not that the fair value of its China reporting unit was less than its carrying value. At the conclusion of its assessment, the Company determined that no impairment of goodwill existed in its China reporting unit as of October 1, 2012 and 2011.