ACQUISITIONS (Table)

12 Months Ended

Dec. 31, 2011

Acquisitions [Abstract]

Schedule Of Business Acquisitions By Acquisition [Text Block]

(US dollars in thousands)		Anatec		Douglas		Total
Accounts receivable	$	4,685	$	945	$	5,630
Inventory		-		10,914		10,914
Property, plant, and equipment		1,689		619		2,308
Other current assets		203		309		512
Intangible assets		14,936		6,697		21,633
Current liabilities		(790)		(5,038)		(5,828)
Due to seller		(1,022)		-		(1,022)
Net tangible and intangible assets		19,701		14,446		34,147
Purchase price		34,049		20,094		54,143
Goodwill	$	14,348	$	5,648	$	19,996
Goodwill tax deductible		Yes		Yes

(US dollars in thousands)		EST		Nu-Torque		Total
Accounts receivable	$	3,244	$	853	$	4,097
Inventory		4,208		4,329		8,537
Property, plant, and equipment		7,325		161		7,486
Other current assets		1,109		47		1,156
Intangible assets		12,500		2,900		15,400
Current and non-current liabilities		(2,758)		(1,021)		(3,779)
Net tangible and intangible assets		25,628		7,269		32,897
Purchase price		40,000		5,332		45,332
Goodwill/(Gain on Bargain Purchase)	$	14,372	$	(1,937)	$	12,435
Goodwill tax deductible		Yes		N/A

(US dollars in thousands)	South Bend		ACRA		PSI		Total
Accounts receivable	$	1,635	$	8,901	$	862	$	11,398
Inventory		2,929		6,539		1,856		11,324
Property, plant, and equipment		727		1,600		2,100		4,427
Other current assets		32		456		67		555
Intangible assets		3,500		17,054		4,700		25,254
Current and non-current liabilities		(648)		(6,048)		(190)		(6,886)
Deferred income taxes		-		(2,303)		-		(2,303)
Net tangible and intangible assets		8,175		26,199		9,395		43,769
Purchase price		10,880		61,053		13,503		85,436
Goodwill	$	2,705	$	34,854	$	4,108	$	41,667
Goodwill tax deductible		Yes		No		Yes

(US dollars in thousands)	SES		Hybricon		Total
Accounts receivable	$	1,683	$	2,273	$	3,956
Inventory		977		2,075		3,052
Property, plant, and equipment		74		151		225
Other current assets		25		68		93
Intangible assets		8,115		6,677		14,792
Current and non-current liabilities		(2,251)		(1,420)		(3,671)
Deferred income taxes		(2,255)		(2,287)		(4,542)
Net tangible and intangible assets		6,368		7,537		13,905
Purchase price		21,163		18,976		40,139
Goodwill	$	14,795	$	11,439	$	26,234
Goodwill tax deductible		No		No

(US dollars in thousands)	Skyquest
Accounts receivable	$	1,635
Inventory		1,448
Property, plant, and equipment		189
Other current assets		52
Intangible assets		7,748
Current and non-current liabilities		(1,519)
Deferred income taxes		(2,270)
Contingent consideration		(2,925)
Net tangible and intangible assets		4,358
Purchase price		15,790
Goodwill	$	11,432
Goodwill tax deductible		No

(US dollars in thousands)	BASF		IMR		Total
Accounts receivable	$	-	$	2,050	$	2,050
Inventory		1,514		-		1,514
Property, plant, and equipment		12,774		3,125		15,899
Other current assets		-		133		133
Intangible assets		3,000		3,830		6,830
Current liabilities		(263)		(505)		(768)
Other liabilities		-		(1,735)		(1,735)
Holdback		-		(2,000)		(2,000)
Net tangible and intangible assets		17,025		4,898		21,923
Purchase price		20,501		18,000		38,501
Goodwill	$	3,476	$	13,102	$	16,578
Goodwill tax deductible		Yes		Yes