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GOODWILL (Table)
9 Months Ended
Sep. 30, 2012
Goodwill [Abstract]  
Schedule Of Goodwill [Text Block]
   (In thousands) 
  Flow Control Motion Control Metal Treatment Consolidated 
December 31, 2011 $ 328,219 $ 385,784 $ 45,439 $ 759,442 
Acquisitions   3,068   -   -   3,068 
Divestitures   -   -   (3,649)   (3,649) 
Goodwill adjustments   284   40   -   324 
Foreign currency translation adjustment   2,031   6,442   167   8,640 
September 30, 2012 $ 333,602 $ 392,266 $ 41,957 $ 767,825