XML 33 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill [Abstract]  
Schedule of Goodwill [Table Text Block]
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.