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Goodwill
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2014, 2013, and 2012 were as follows:
 
Supply Technologies
 
Assembly Components
 
Engineered Products
 
Total
 
(In millions)
Balance at January 1, 2012
$

 
$
4.6

 
$
4.9

 
$
9.5

Acquisitions

 
40.2

 

 
40.2

Balance at December 31, 2012

 
44.8

 
4.9

 
49.7

Acquisitions
6.2

 
4.2

 

 
10.4

Foreign currency translation
0.2

 

 
0.1

 
0.3

Balance at December 31, 2013
6.4

 
49.0

 
5.0

 
60.4

Acquisitions
0.7

 
5.0

 
23.2

 
28.9

Foreign currency translation
0.5

 

 
(0.3
)
 
0.2

Balance at December 31, 2014
$
7.6

 
$
54.0

 
$
27.9

 
$
89.5


The increase in goodwill from December 31, 2013 is due to the acquisitions of Apollo in the second quarter of 2014 and Autoform and Saet in the fourth quarter of 2014. Apollo is included in the Supply Technologies reportable segment, Autoform is included in the Assembly Components reportable segment and Saet is included in the Engineered Products reportable segment. The goodwill associated with the Autoform transaction is deductible for income tax purposes. The goodwill associated with the Apollo and Saet transactions is not deductible for income tax purposes.
The increase in goodwill from December 31, 2012 is due to the acquisitions of Bates in the second quarter of 2013 and Henry Halstead and QEF in the fourth quarter of 2013. Bates is included in the Assembly Components reportable segment and Henry Halstead and QEF are included in the Supply Technologies reportable segment. The goodwill associated with the Bates transaction is deductible for income tax purposes. The goodwill associated with the Henry Halstead and QEF transactions is not deductible for income tax purposes.
The increase in goodwill from January 1, 2012 to December 31, 2012 is due to the acquisitions of FRS in the first quarter of 2012 and ETM in the fourth quarter of 2012.