Goodwill (Notes)

12 Months Ended

Dec. 31, 2018

Goodwill [Abstract]

Goodwill Disclosure [Text Block]

Goodwill

Goodwill activity related to acquisitions is included in the table below:

	(Dollars in thousands)
	December 31,
	2019			2018
Beginning balance	$	20,079		$	19,614
Impact of foreign exchange	854			(1,452		)
Acquisition (1)	—			2,086
Adjustment to prior year allocation (2)	(10		)	(169		)
Ending balance	$	20,923		$	20,079

(1) The $2.1 million addition to goodwill in 2018 was due to the allocation of costs to acquire Screw Products.

(2) The reduction of $0.2 million in 2018 resulted from an adjustment to goodwill created by the Bolt acquisition in 2017.