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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2012	Mar. 08, 2013	Jun. 30, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	NN INC
Entity Central Index Key	0000918541
Document Type	10-K
Document Period End Date	Dec. 31, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 172,000,000
Entity Common Stock, Shares Outstanding		17,044,132

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Current assets:
Cash	$ 18,990	$ 4,536
Accounts receivable, net	51,628	66,707
Inventories	46,150	46,023
Income tax receivable	2,112	949
Current deferred tax assets	2,104
Other current assets	6,312	5,810
Total current assets	127,296	124,025
Property, plant and equipment, net	119,687	120,528
Goodwill, net	8,254	8,039
Intangible assets, net	900	900
Non-current deferred tax assets	6,065	1,062
Other non-current assets	3,141	4,907
Total assets	265,343	259,461
Current liabilities:
Accounts payable	37,000	48,217
Accrued salaries, wages and benefits	10,174	11,697
Income taxes payable	543	1,858
Current maturities of long-term debt	5,801	6,503
Current portion of obligation under capital lease	479	472
Other current liabilities	4,761	4,294
Total current liabilities	58,758	73,041
Non-current deferred tax liabilities	3,850	3,810
Long-term debt, net of current portion	63,715	71,629
Accrued post-employment benefits	6,930	7,705
Obligation under capital lease, net of current portion	3,530	3,600
Total liabilities	136,783	159,785
Commitments and Contingencies (Note 15)
Stockholders' equity:
Common stock - $0.01 par value, authorized 45,000 shares, issued and outstanding 17,044 in 2012 and 16,949 in 2011	170	169
Additional paid-in capital	56,880	55,071
Retained earnings	51,880	27,612
Accumulated other comprehensive income	19,630	16,824
Total stockholders' equity	128,560	99,676
Total liabilities and stockholders' equity	$ 265,343	$ 259,461

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Dec. 31, 2012	Dec. 31, 2011
Consolidated Balance Sheets [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	45,000	45,000
Common stock, shares issued	17,044	16,949
Common stock, shares outstanding	17,044	16,949

Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net sales	$ 370,084	$ 424,691	$ 365,369
Cost of products sold (exclusive of depreciation and amortization shown separately below)	294,859	347,622	296,422
Selling, general and administrative	31,561	30,657	30,407
Depreciation and amortization	17,643	17,016	19,195
(Gain) loss on disposal of assets	(17)	(36)	808
Restructuring and impairment charges	967		2,289
Income from operations	25,071	29,432	16,248
Interest expense	3,878	4,715	6,815
Write-off of unamortized debt issuance cost			130
Other expense (income), net	852	(1,388)	(1,682)
Income before provision (benefit) for income taxes	20,341	26,105	10,985
Provision (benefit) for income taxes	(3,927)	5,168	4,569
Net income	24,268	20,937	6,416
Other comprehensive income (loss):
Actuarial loss recognized in change of projected benefit obligation (net of tax of $0, $0 and $0, respectively)			(392)
Foreign currency translation gain (loss)	2,806	(2,578)	(6,726)
Comprehensive income (loss)	$ 27,074	$ 18,359	$ (702)
Basic income per share:
Net income	$ 1.43	$ 1.24	$ 0.39
Weighted average shares outstanding	17,009	16,817	16,455
Diluted income per share:
Net income	$ 1.42	$ 1.24	$ 0.39
Weighted average shares outstanding	17,114	16,953	16,570

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Actuarial loss recognized in change of projected benefit obligation	$ 0	$ 0	$ 0

Consolidated Statements of Changes in Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional paid in capital	Retained Earnings	Accumulated Other Comprehensive Income
Beginning Balance at Dec. 31, 2009	$ 76,803	$ 163	$ 49,861	$ 259	$ 26,520
Beginning Balance, Shares at Dec. 31, 2009		16,268
Net income	6,416			6,416
Stock option expense	152		152
Shares issued for options	753	$ 1	752
Shares issued for options, Shares		103
Actuarial loss recognized in change of projected benefit obligation (net of tax $0)	(392)				(392)
Restricted stock compensation expense	1,101	$ 3	1,098
Restricted stock compensation expense, shares		249
Foreign currency translation gain (loss)	(6,726)				(6,726)
Ending Balance at Dec. 31, 2010	78,107	$ 167	51,863	6,675	19,402
Ending Balance, Shares at Dec. 31, 2010		16,620
Net income	20,937			20,937
Stock option expense	480		480
Shares issued for options	2,382	$ 2	2,380
Shares issued for options, Shares		254
Restricted stock compensation expense	348		348
Restricted stock compensation expense, shares		75
Foreign currency translation gain (loss)	(2,578)				(2,578)
Ending Balance at Dec. 31, 2011	99,676	$ 169	55,071	27,612	16,824
Ending Balance, Shares at Dec. 31, 2011		16,949
Net income	24,268			24,268
Stock option expense	1,093		1,093
Shares issued for options	$ 22		22
Shares issued for options, Shares	17	17
Restricted stock compensation expense	$ 695	$ 1	694
Restricted stock compensation expense, shares		78
Foreign currency translation gain (loss)	2,806				2,806
Ending Balance at Dec. 31, 2012	$ 128,560	$ 170	$ 56,880	$ 51,880	$ 19,630
Ending Balance, Shares at Dec. 31, 2012		17,044

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2010 USD ($)
Actuarial loss recognized in change of projected benefit obligation	$ 0
Accumulated Other Comprehensive Income
Actuarial loss recognized in change of projected benefit obligation	$ 0

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash flows from operating activities:
Net income	$ 24,268	$ 20,937	$ 6,416
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	17,643	17,016	19,195
Amortization of debt issue costs	824	809	1,415
(Gain) loss on disposal of assets	(17)	(36)	808
Allowance for doubtful accounts	98	140	97
Compensation expense from issuance of restricted stock and incentive stock options	1,788	828	1,253
Deferred income tax expense (benefit)	(7,067)	(968)	418
Capitalized interest and non-cash interest	(173)	(210)
Non-cash restructuring and impairment charges	967		308
Write-off of unamortized debt issue costs			130
Changes in operating assets and liabilities:
Accounts receivable	15,330	(7,539)	(15,459)
Inventories	238	(7,079)	(10,253)
Income tax receivable	(1,163)	(419)	2,393
Other current assets	(405)	(1,658)	740
Other non-current assets	(21)	7	(1,403)
Accounts payable	(11,630)	(4,790)	19,165
Other liabilities	(3,322)	(2,083)	2,637
Net cash provided by operating activities	37,358	14,955	27,860
Cash flows from investing activities:
Acquisition of property, plant and equipment	(17,089)	(20,329)	(15,249)
Proceeds from disposals of property, plant and equipment	366	255	79
Cash lost in deconsolidation of Eltmann		(979)
Proceeds received from long-term note receivable	1,945		711
Net cash used by investing activities	(14,778)	(21,053)	(14,459)
Cash flows from financing activities:
Debt issue costs paid	(862)	(453)	(1,395)
Proceeds from long-term debt, net		20,000
Repayment of long-term debt, net	(7,914)	(16,014)	(9,914)
Proceeds (repayment) of short-term debt, net	(701)	789	(3,691)
Proceeds from issuance of stock and exercise of stock options	22	2,382	753
Principal payments on capital lease	(119)	(66)	(57)
Net cash provided by (used by) financing activities	(9,574)	6,638	(14,304)
Effect of exchange rate changes on cash flows	1,448	(1,560)	(2,285)
Net change in cash and cash equivalents	14,454	(1,020)	(3,188)
Cash and cash equivalents at beginning of year	4,536	5,556	8,744
Cash and cash equivalents at end of year	18,990	4,536	5,556
Supplemental schedule of non-cash investing and financing activities:
Compensation expense for stock awards, ($695 in 2012, $348 in 2011, and $1,101 in 2010) and stock option expense ($1,093 in 2012, $480 in 2011, and $152 in 2010) included in stockholders' equity	1,788	828	1,253
Acquired land and building through a 20 year capital lease not included in investing activities above		1,948
Sale of $2,230 in property, plant and equipment for a note receivable with an aggregate carrying value of $1,562 in 2010.			668
Cash paid for interest and income taxes was as follows:
Interest	3,130	3,869	4,825
Income taxes	5,882	6,516	1,419
Income tax refunds received from taxing authorities	$ 757	$ 149	$ 2,393

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Cash Flows [Abstract]
Compensation expense for stock awards	$ 695	$ 348	$ 1,101
Stock option expense	1,093	$ 480	152
Capital Lease Obligation Period		20 years
Sale of property, plant and equipment			2,230
Sale of property, plant and equipment aggregate carrying value			$ 1,562

Summary of Significant Accounting Policies and Practices

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies and Practices [Abstract]

Summary of Significant Accounting Policies and Practices

1)	Summary of Significant Accounting Policies and Practices

Description of Business

NN, Inc. (“NN”, “the Company”, “we”, “our” or “us”) is a manufacturer of precision balls, cylindrical and tapered rollers, bearing retainers, plastic injection molded products, precision bearing seals and precision metal components. Our balls, rollers, retainers, and bearing seals are used primarily in the domestic and international anti-friction bearing industry. Our plastic injection molded products are used in the bearing components, automotive components, electronic instrument cases and other molded components used in a variety of applications. The precision metal components products are used in the HVAC, automotive, fluid power and diesel engine industries.

Cash

The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents.

Inventories

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out method. Our policy is to expense abnormal amounts of idle facility expense, freight, handling cost, and waste. In addition, we allocate fixed production overheads based on the normal production capacity of our facilities. Inventory valuations were developed using normalized production capacities for each of our manufacturing locations and the costs from excess capacity or under-utilization of fixed production overheads were expensed in the period incurred and are not included as a component of inventory valuation.

Inventories also include tools, molds and dies in progress that we are producing and will ultimately sell to our customers. This activity is principally related to our Plastic and Rubber Components and Precision Metal Components Segments. These inventories are carried at the lower of cost or market.

Property, Plant and Equipment

Property, plant and equipment are stated at cost less accumulated depreciation. Assets to be disposed of are stated at lower of depreciated cost or fair market value less estimated selling costs. Expenditures for maintenance and repairs are charged to expense as incurred. Major renewals and betterments are capitalized. When a property item is retired, its cost and related accumulated depreciation are removed from the property accounts and any gain or loss is recorded in the statements of comprehensive income (loss). We review the carrying values of long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Property, plant and equipment includes tools, molds and dies principally used in our Plastic and Rubber Components and Precision Metal Components Segments that are our property.

Depreciation is provided on the straight-line method over the estimated useful lives of the depreciable assets for financial reporting purposes. For leasehold improvements and buildings under capital lease, we depreciate these over the shorter of useful lives or the lease term. In the event we abandon and cease to use certain property, plant, and equipment, depreciation estimates are revised and, in most cases, depreciation expense will be accelerated to reflect the shortened useful life of the asset.

Revenue Recognition

We recognize revenues based on the stated shipping terms with customers when these terms are satisfied and the risks of ownership are transferred to the customers. We have an inventory management program for certain Metal Bearing Components Segment customers whereby revenue is recognized when products are used by customers from consigned stock, rather than at the time of shipment. Under both circumstances, revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the sellers’ price is fixed and determinable and collectability is reasonably assured.

Accounts Receivable

Accounts receivable are recorded upon recognition of a sale of goods and ownership and risk of loss is assumed by the customer. Substantially all of our accounts receivable are due primarily from the core served markets. In establishing allowances for doubtful accounts, we perform credit evaluations of our customers, considering numerous inputs when available including the customers’ financial position, past payment history, relevant industry trends, cash flows, management capability, historical loss experience and economic conditions and prospects. Accounts receivable are written off or allowances established when considered to be uncollectible or at risk of being uncollectible, respectively.

Income Taxes

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

During the year ended December 31, 2012, we reversed the full valuation allowances against the net deferred tax assets of all of our U.S. operations. This decision was based on the much improved financial performance of our U.S. based units in 2012 and the resulting utilization of a significant portion of our U.S. net operating losses during 2012. The Consolidated Financial Statements for the years ended December 31, 2011 and 2010, reflected full valuation allowances against the net deferred tax assets of all our U.S. operations. Based upon the negative financial performance for our combined U.S. locations during the years ended December 31, 2009 and 2010, we determined that there was a likelihood at that time these locations would be unable to generate sufficient profits in the near future to allow realization of existing deferred tax assets.

We recognize income tax positions that meet the more likely than not threshold and accrue interest and potential penalties related to unrecognized income tax positions which are recorded as a component of the income tax provision.

Net Income Per Common Share

Basic income per share reflects reported earnings divided by the weighted average number of common shares outstanding. Diluted income per share include the effect of dilutive stock options, unvested restricted stock (if any) and the respective tax benefits, unless inclusion would not be dilutive.

Share Based Compensation

The cost of stock options and stock awards are expensed as compensation expense over the vesting periods based on the fair value at the grant date. (See Note 9 of the Notes to the Consolidated Financial Statements) We use the Black Scholes financial pricing model to determine the fair value of our stock options as our options are not traded in open markets.

We account for stock awards by recognizing compensation expense ratably over the vesting period as specified in the award. Compensation expense to be recognized is based on the stock price at date of grant.

Principles of Consolidation

Our consolidated financial statements include the accounts of NN, Inc. and its subsidiaries. All of our subsidiaries are 100% owned and all are included in the consolidated financial statements for the years end December 31, 2012, 2011, and 2010 with the exception of our German subsidiary, as discussed below. All significant inter-company profits, transactions, and balances have been eliminated in consolidation.

Due to the impacts of the global economic recession and the resulting reduction in revenue and operating losses, our wholly owned German subsidiary, Kugelfertigung Eltmann GbmH (“Eltmann” or “Eltmann Plant”), sustained a significant weakening of its financial condition. As a result, it became insolvent at which point it was required to file for bankruptcy under German bankruptcy law. The filing was made in the bankruptcy court in Germany on January 20, 2011. As of this date, NN lost the ability to control or manage Eltmann as a result of the bankruptcy court trustee taking over effective control and day to day management of this subsidiary. As a result of loss of control of this subsidiary, NN deconsolidated the assets and liabilities of Eltmann from our Consolidated Financial Statements effective January 20, 2011.

We were informed that in early April 2011, the bankruptcy trustee sold the majority of the production assets of Eltmann to a non-affiliated manufacturing company. It is our understanding that the remaining assets and liabilities of Eltmann will be liquidated sometime in the future by the bankruptcy court. NN does not expect any further significant impact on our consolidated financial statements as a result of the liquidation of this subsidiary.

The following table summarizes the effects of the deconsolidation of Eltmann effective January 20, 2011 on the Consolidated Balance Sheets:


Cash	$	(979	)
Accounts receivable		(3,388	)
Inventory		(2,407	)
Other assets		(193	)
Property, plant and equipment		(1,343	)

Reduction of total assets	$	(8,310	)

Accounts payable		(1,738	)
Accrued salaries		(1,500	)
Accrued pension		(5,623	)
Accumulated other comprehensive income		551

Reduction of total liabilities and stockholders’ equity	$	(8,310	)

Net impact from deconsolidation of bankrupt subsidiary	$	—

The deconsolidation of the amounts above were not reflected in the Consolidated Statements of Cash Flows for the year ended December 31, 2011.

Foreign Currency Translation

Assets and liabilities of our foreign subsidiaries are translated at current exchange rates, while revenue, costs and expenses are translated at average rates prevailing during each reporting period. Translation adjustments arising from the translation of foreign subsidiary financial statements are reported as a component of other comprehensive income (loss) and accumulated other comprehensive income within stockholders’ equity. In addition, transactions denominated in foreign currencies, including intercompany transactions, are initially recorded at the current exchange rate at the date of the transaction. The balances are adjusted to the current exchange rate as of each balance sheet date and as of the date when the transaction is consummated. Transaction gains or losses, excluding intercompany loan transactions, are expensed in either cost of products sold or selling, general and administrative lines in the Consolidated Statements of Comprehensive Income (Loss) as incurred and were immaterial to the years ended December 31, 2012, 2011 and 2010. Transaction gains or losses on intercompany loan transactions are recognized in the other income, net line in the Consolidated Statements of Comprehensive Income (Loss) as incurred.

Goodwill and Other Indefinite Lived Intangible Assets

We recognize the excess of the purchase price of an acquired entity over the fair value of the net identifiable assets as goodwill. Goodwill is tested for impairment on an annual basis as of October 1 and between annual tests if a triggering event occurs. The impairment procedures are performed at the reporting unit level for the one reporting unit that still has goodwill. In September 2011, the FASB issued a revised accounting standard, intended to reduce the cost and complexity of the annual goodwill impairment test by providing entities an option to perform a “qualitative” assessment to determine whether further impairment testing is necessary. Specifically, an entity has the option to first assess qualitative factors to determine whether it is necessary to perform the current two-step test. If an entity believes, as a result of its qualitative assessment, that it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. This standard is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011 with early adoption permitted. We adopted this standard in the fourth quarter of 2011 concurrent with our annual impairment test. In assessing the qualitative factors, we consider the impact of the following key factors and their effect on the reporting unit, budget to actual performance, economic, market and industry considerations such as automotive production rates in the geographic markets we serve, earnings multiples and cash flow from operations. For the year ended December 31, 2011, based on the qualitative assessment considering prior year results and current operating performance we determined it was more likely than not that the fair value of the reporting unit exceeded the carrying value of the reporting unit. For the year ended, December 31, 2012, we determined it was more appropriate to perform a full step 1 goodwill test, as discussed below. This decision was based on the current economic conditions in Europe and length of time since last step 1 test. The decision to perform a qualitative assessment or a complete step 1 analysis is an annual decision made by management based on several factors including those key factors considered in the qualitative assessment discussed above. Based on the result of the step 1 analysis fair value of the reporting unit exceeded the carrying value of the reporting unit at December 31, 2012.

If the qualitative assessment indicates it is more likely than not that the fair value is less than the carrying value, U.S. GAAP prescribes a two-step process for testing for goodwill impairments. The first step is to determine if the carrying value of the reporting unit with goodwill is less than the related fair value of the reporting unit. The fair value of the reporting unit is determined through use of discounted cash flow methods and market based multiples of earning and sales methods obtained from a grouping of comparable publicly trading companies. We believe this methodology of valuation is consistent with how market participants would value reporting units. The discount rate and market based multiples used are specifically developed for the units tested regarding the level of risk and end markets served. Even though we do use other observable inputs (Level 2 inputs) the calculation of fair value for goodwill would be most consistent with Level 3 inputs.

If the carrying value of the reporting unit including goodwill is less than fair value of the reporting unit, the goodwill is not considered impaired. If the carrying value is greater than fair value then the potential for impairment of goodwill exists. The potential impairment is determined by allocating the fair value of the reporting unit among the assets and liabilities based on a purchase price allocation methodology as if the reporting unit was acquired in a business combination. The fair value of the goodwill is implied from this allocation and compared to the carrying value with an impairment loss recognized if the carrying value is greater than the implied fair value.

We base our fair value estimates, in large part, on management business plans and projected financial information which are subject to a high degree of management judgment and complexity. Actual results may differ from these projections and the differences may be material.

Our indefinite lived intangible asset is accounted for similarly to goodwill. This asset is tested for impairment at least annually by comparing the fair value to the carrying value, using the relief from royalty rate method, and if the fair value is less than the carrying value, an impairment charge is recognized for the difference. We elected to use Step 1 testing even though a qualitative approach was available to us.

Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of

Long-lived tangible and intangible assets subject to amortization are tested for recoverability when changes in circumstances indicate the carrying value of these assets may not be recoverable. A test for recoverability is also performed when management has committed to a plan to dispose of a reporting unit or asset group. Assets to be held and used are tested for recoverability when indications of impairment are evident. Recoverability of a long-lived tangible and intangible asset is evaluated by comparing its carrying value to the future estimated undiscounted cash flows expected to be generated by the asset or asset group. If the asset is not recoverable the asset is considered impaired and adjusted to fair value which is then depreciated/amortized over its remaining useful live. Assets to be disposed of are carried at the lesser of carrying value or fair value less costs of disposal. (See Note 2 of the Notes to Consolidated Financial Statements).

Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair Value Measurements

Fair value principles prioritize valuation inputs across three broad levels. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 inputs are unobservable inputs based on the our assumptions used to measure assets and liabilities at fair value. An asset or liability’s classification within the various levels is determined based on the lowest level input that is significant to the fair value measurement.

Recently Issued Accounting Standards

In June 2011, the FASB issued amended accounting guidance related to presentation of comprehensive income. The standards update is intended to help financial statement users better understand the causes of an entity’s change in financial position and results of operation. It is effective for reporting periods beginning after December 15, 2011. We adopted this guidance during the first quarter of 2012. Since this new guidance affected disclosure requirements only, it did not have a material impact on our financial position or results of operations.

In July 2012, the FASB issued amended accounting guidance allowing companies to first assess qualitative factors to determine whether it is more-likely-than-not an indefinite-lived intangible asset is impaired. If the conclusion is more-likely-than-not the indefinite-lived intangible asset is not impaired, then further action is not required. However, if the conclusion is otherwise, a quantitative impairment test described in ASC Topic 350 is required. The adoption of this guidance did not have a material impact on our Consolidated Financial Statements.

Restructuring and Impairment Charges

12 Months Ended

Dec. 31, 2012

Restructuring and Impairment Charges[Abstract]

Restructuring and Impairment Charges

2)	Restructuring and Impairment Charges

Restructuring Activity

There were no restructuring charges incurred during the years ended December 31, 2012 and December 31, 2011.

During the first quarter of 2010, we announced the closure of the Tempe Plant. We ceased operations at this location on August 31, 2010. This closure impacted approximately 130 employees. Current economic conditions coupled with the long-term manufacturing strategy for our Whirlaway business necessitated a consolidation of our manufacturing resources into existing facilities in Ohio. We incurred cash charges of approximately $1,518 in severance costs during 2010. The severance costs were recognized pro-rata over the period from the announcement date until the employees’ termination date as continued employment was a requirement to receive severance payments. Additionally, during the year ended December 31, 2010, we incurred $506 of site closure and other associated costs. These restructuring costs were recorded in the Restructuring and Impairment Charges line as a component of income from operations. In the first quarter of 2010, we incurred $1,000 of accelerated depreciation related to certain fixed assets that were expected to be abandoned due to ceasing operations at the Tempe Plant. The majority of the fixed assets and inventory that ceased to be used were sold on August 31, 2010. The accelerated depreciation was reported in the depreciation and amortization expense line as a component of income from operations.

Impairments of Goodwill and Other Long-Lived Tangible and Intangible Assets

For the year ended December 31, 2012, we recorded $967 of non-cash charges related to the further impairment of our former production facility in Kilkenny, Ireland. Based on updated market based information related to commercial property valuation in Ireland, management determined the market value of the building was less than book value and the book value was adjusted accordingly. This impairment charge was reported in the Restructuring and Impairment Charges line as a component of income from operations in 2012.

For the year ended December 31, 2010, we recorded $308 of non-cash charges related to the impairment of production machinery at the Eltmann Plant as this subsidiary was legally required to file for bankruptcy in January 2011. This impairment charge was reported in the Restructuring and Impairment Charges line as a component of income from operations in 2010. (See Notes 1 and 15 of the Notes to Consolidated Financial Statements).

Accounts Receivable and Sales Concentrations

12 Months Ended

Dec. 31, 2012

Accounts Receivable and Sales Concentrations/Long Term Note Receivable [Abstract]

Accounts Receivable and Sales Concentrations

3)	Accounts Receivable and Sales Concentrations


	December 31,
	2012		2011
Trade	$	51,939	$	67,145
Less—allowance for doubtful accounts		311		438

Accounts receivable, net	$	51,628	$	66,707

Activity in the allowance for doubtful accounts is as follows:


Description	Balance at Beginning of Year		Additions		Write- offs			Currency Impacts			Balance at End of Year
December 31, 2012
Allowance for doubtful accounts	$	438	$	98	$	(224	)	$	(1	)	$	311

December 31, 2011
Allowance for doubtful accounts	$	478	$	140	$	(178	)	$	(2	)	$	438

December 31, 2010
Allowance for doubtful accounts	$	473	$	97	$	(81	)	$	(11	)	$	478

For the years ended December 31, 2012, 2011 and 2010, sales to SKF amounted to $124,349, $159,668, and $139,242, respectively, or 34%, 38%, and 38% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2012, 2011 or 2010. SKF was the only customer with accounts receivable concentration in excess of 10% in 2012. SKF and SNR Roulements (“SNR”) were the only customers with accounts receivable concentrations in excess of 10% in 2011. The outstanding balance as of December 31, 2012 and 2011 for SKF was $15,433 and $22,572, respectively. The outstanding balance as of December 31, 2011 for SNR was $6,796. All revenues and receivables related to SKF are in the Metal Bearing Components and Plastic and Rubber Components Segments. All revenues and receivables related to SNR are in the Metal Bearing Components Segment.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5066-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5162-111524

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4

+ Details

Long Term Note Receivable

12 Months Ended

Dec. 31, 2012

Accounts Receivable and Sales Concentrations/Long Term Note Receivable [Abstract]

Long Term Note Receivable

4)	Long Term Note Receivable

Certain property, plant and equipment of the Tempe Plant was sold on August 31, 2010, the day the Tempe Plant ceased operations, to a newly formed company not affiliated with NN in exchange for a promissory note. This note had an original face value of $2,500, a 60 month term, a 7% interest rate, interest only payments for 24 months, principal and interest payments totaling $40 per month for the next 36 months followed by a balloon payment of $1,525. On March 31, 2012, we accepted a $1,945 cash payment to settle the note and relieved the debtor of all future liability for the note. The estimated fair value and carrying value of note prior to the payment was $1,772.

Inventories

12 Months Ended

Dec. 31, 2012

Inventories [Abstract]

Inventories

5)	Inventories


	December 31,
	2012		2011
Raw materials	$	13,013	$	13,855
Work in process		8,561		8,425
Finished goods		24,576		23,743

Inventories	$	46,150	$	46,023

Inventory on consignment at customers’ sites at December 31, 2012 and 2011 was approximately $2,644 and $4,156, respectively.

The inventory valuations above were developed using normalized production capacities for each of our manufacturing locations. Any costs from abnormal excess capacity or under-utilization of fixed production overheads are expensed in the period incurred and are not included as a component of inventory valuation.

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

6)	Property, Plant and Equipment


	Estimated	December 31,
	Useful Life	2012		2011
Land owned		$	5,937	$	5,851
Land under capital lease			1,396		1,378
Buildings and improvements owned	15-40 years		43,751		42,634
Buildings under capital lease	20 years		3,082		3,039
Machinery and equipment	3-12 years		244,138		237,051
Construction in process			20,283		8,434

			318,587		298,387
Less—accumulated depreciation			198,900		177,859

Property, plant and equipment, net		$	119,687	$	120,528

For the years ended December 31, 2012, 2011, and 2010, depreciation expense was $17,601, 16,996 and 18,627, respectively.

During the first quarter of 2011, we reduced machinery and equipment by $11,102 and accumulated depreciation by $9,759 for a net reduction in property, plant and equipment of $1,343 related to the Eltmann Plant deconsolidation. (See Note 1 of the Notes to Consolidated Financial Statements).

During the fourth quarter of 2011, property, plant and equipment increased for the addition of land and building totaling $1,948 acquired through a 20 year capital lease obligation at our Kunshan Plant effective October 1, 2011. (See Note 7 of the Notes to Consolidated Financial Statements).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Debt

12 Months Ended

Dec. 31, 2012

Debt [Abstract]

Debt

Debt

Long-term debt at December 31, 2012 and 2011 consisted of the following:


	2012		2011
Borrowings under our $100,000 revolving credit facility bearing interest at a floating rate equal to LIBOR (0.25% at December 31, 2012) plus an applicable margin of 1.50%, expiring October 26, 2017.	$	38,087	$	40,989
Borrowings under our $40,000 aggregate principal amount notes bearing interest at a fixed rate of 4.89% maturing on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.		11,429		17,143
Borrowings under our $20,000 aggregate principal amount notes bearing interest at a fixed rate of 4.64% maturing on December 20, 2018. Annual principal payments of $4,000 will begin on December 22, 2014 and extend through the date of maturity.		20,000		20,000

Total long-term debt		69,516		78,132
Less current maturities of long-term debt		5,801		6,503

Long-term debt, excluding current maturities	$	63,715	$	71,629

On October 26, 2012, we amended our $100,000 revolving credit facility agented by KeyBank and our fixed rate notes with Prudential Capital in order to take advantage of lower interest rates, to extend the maturity of the revolving credit facility to October 26, 2017, and to remove certain restrictions on acquisitions, payments of dividends and stock repurchases. The amended interest rates on our revolving credit facility are LIBOR plus an applicable margin ranging from 1.25% to 2.25% (depending on the level of debt to earnings before taxes, interest and depreciation (“EBITDA”)). Prior to the October 26, 2012 amendment, the $100 million revolving credit facility interest rates were LIBOR plus a margin ranging from 2.50% to 3.50% (depending on the level of debt to EBITDA). The interest rate on our $40,000 aggregate fixed rate notes, of which $11,429 was outstanding as of December 31, 2012, was reduced from 5.39% to 4.89%. The amended agreements allow us to undertake acquisitions, pay dividends, and repurchase stock provided we are in compliance with specified covenants. Additionally, the minimum fixed charge coverage ratio will remain at “not to be less than 1.00 to 1.00 as of the last day of any fiscal quarter” for the full terms of the amended agreements.

On December 20, 2011, we borrowed an additional $20,000 in seven-year fixed rate notes from Prudential Capital at a rate of 4.64%. These notes, which mature on December 20, 2018, are interest-only for the first two years followed by five equal annual principal payments. The proceeds were used to repay existing revolving credit bank debt and to fund growth capital projects.

The $100,000 revolving credit facility may be expanded upon our request with approval of the lenders by up to $35,000 under the same terms and conditions. The loan agreement contains customary restrictions on, among other things, additional indebtedness, liens on our assets, sales or transfers of assets, investments, issuance of equity securities, and merger, acquisition and other fundamental changes in our business including a “material adverse change” clause, which if triggered would accelerate the maturity of the debt. The facility has a $10,000 swing line feature to meet short term cash flow needs. Any borrowings under this swing line are considered short term. Costs associated with entering into the revolving credit facility and the subsequent amendments were capitalized and will be amortized into interest expense over the life of the facility. As of December 31, 2012 and 2011, $2,012 and $1,761, respectively, of net capitalized loan origination costs related to the revolving credit facility were recorded on the consolidated balance sheet within other non-current assets.

The $40,000 and $20,000 fixed rate agreements contain customary restrictions on, among other things, additional indebtedness, liens on our assets, sales or transfers of assets, investments, issuance of equity securities, and mergers, acquisitions and other fundamental changes in our business including a “material adverse change” clause, which if triggered would accelerate the maturity of the debt. We incurred costs as a result of issuing these notes and the subsequent amendments which have been recorded as a component of other non-current assets and are being amortized over the term of the notes. The unamortized balance at December 31, 2012 and 2011 was $157 and $290, respectively.

The aggregate maturities of long-term debt including current portion for each of the five years subsequent to December 31, 2012 are as follows:


Year ending December 31,
2013	$	5,801
2014		9,715
2015		4,000
2016		4,000
2017		42,000
Thereafter		4,000

Total	$	69,516

On June 1, 2004, our wholly owned subsidiary, NN Asia, entered into a twenty year lease agreement with Kunshan Tian Li Steel Structure Co. LTD for the lease of land and building (approximately 110,000 square feet) in the Kunshan Economic and Technology Development Zone, Jiangsu, The People’s Republic of China. The fair value of the land and building were estimated to be approximately $520 and $1,930 (at current exchange rates), respectively and undiscounted annual lease payments are approximately $287 (approximately $5,700 aggregate non-discounted lease payments over the twenty year term). The lease is cancelable after the fifth, ninth, and fourteenth years without payment or penalty by us. In addition, after the end of year five and each succeeding year we can buy the land for a preset price per square meter value and the building for actual cost less depreciation.

On October 1, 2011, our wholly owned subsidiary, NN Asia, entered into a twenty year lease agreement with Kunshan Tian Li Steel Structure Co. LTD for the lease of land and building adjacent to the current leased facility (approximately 75,000 square feet) in the Kunshan Economic and Technology Development Zone, Jiangsu, The People’s Republic of China. This lease was entered into to expand the production capacity of our current leased facility. The fair value of the land and building were estimated to be approximately $854 and $1,107 (at current exchange rates), respectively and undiscounted annual lease payments are approximately $185 (approximately $3,700 aggregate non-discounted lease payments over the twenty year term). The lease is cancelable after the fifth, ninth, and fourteenth years without payment or penalty by us. In addition, after the end of year five and each succeeding year we can buy the land for a preset price per square meter value and the building for actual cost less depreciation.

Below are the minimum future lease payments under both capital leases together with the present value of the net minimum lease payments as of December 31, 2012:


Year ending December 31,
2013	$	479
2014		479
2015		479
2016		479
2017		479
Thereafter		4,855

Total minimum lease payments		7,250
Less interest included in payments above		(3,241	)

Present value of minimum lease payments	$	4,009

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Employee Benefit Plans

12 Months Ended

Dec. 31, 2012

Employee Benefit Plans [Abstract]

Employee Benefit Plans

8)	Employee Benefit Plans

We have defined contribution 401(k) profit sharing plans covering substantially all U.S. employees. All employees are eligible for the plans on the first day of the month following their employment date. A participant may elect to contribute between 1% and 60% of their compensation to the plans, subject to Internal Revenue Service (“IRS”) dollar limitations. Participants age 50 and older may defer an additional amount up to the applicable IRS Catch Up Provision Limit. We provide a matching contribution which is determined on an individual, participating company basis. All participant contributions are immediately vested at 100%. Contributions for all U.S. employees were $335, $334 and $282 in 2012, 2011, and 2010, respectively.

Prior to January 20, 2011, we had a defined benefit pension plan covering our Eltmann Plant. The benefits were based on the expected years of service. The plan was unfunded. Effective January 20, 2011, the defined benefit pension plan covering the employees at our Eltmann Plant is under control of the bankruptcy trustee and has been or will be taken over by the German government’s pension security fund. The plan is no longer a responsibility of NN, resulting in a reduction of accrued pension liabilities of $5,623 on January 20, 2011. We have no remaining pension obligations under this plan. (See Note 1 of the Notes to Consolidated Financial Statements).

Post-Employment Benefit Liabilities

We provide certain post-employment benefits to employees at our Pinerolo and Veenendaal plants that are either required by law or are local labor practice. There is a plan at our Pinerolo Plant and at our Veenendaal Plant which are described below.

In accordance with Italian law, the Company has an unfunded severance plan under which all Italian employees are entitled to receive severance indemnities (Trattamento di Fine Rapporto or “TFR”) upon termination of their employment.

Effective January 1, 2007, the amount payable based on salary paid is remitted to a pension fund managed by a third party. The severance indemnities paid to the pension fund accrue approximately at the rate of 1/13.5 of the gross salaries paid during the year. The amounts accrued become payable upon termination of the individual employee, for any reason, e.g., retirement, dismissal or reduction in work force. Employees are fully vested in TFR benefits after their first year of service.

We have a plan that covers our Veenendaal Plant employees that provides an award for employees who achieve 25 or 40 years of service and an award for employees upon retirement. The plan is unfunded and the benefits are based on years of service and rate of compensation at the time the award is paid.

The amounts shown in the table below represent the actual liabilities at December 31, 2012 and 2011 reported under accrued post-employment benefits in the Consolidated Balance Sheets for both plans combined.


	2012			2011
Beginning balance	$	7,705		$	7,864
Amounts accrued		574			1,279
Payments to employees/government managed plan		(1,477	)		(1,233	)
Foreign currency impacts		128			(205	)

Ending balance	$	6,930		$	7,705

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stock Based Compensation

12 Months Ended

Dec. 31, 2012

Stock Based Compensation [Abstract]

Stock Based Compensation

9)	Stock Based Compensation

We recognize compensation expense of all employee and non-employee director share-based compensation awards in the financial statements based upon the fair value of the awards over the requisite service or vesting period, less anticipated forfeitures. We account for stock awards by recognizing the fair value of the awarded stock at the grant date as compensation expense over the vesting period, less anticipated forfeitures.

In the years ended December 31, 2012, 2011, and 2010, approximately $1,788, $828, and $1,253, respectively of compensation expense was recognized in selling, general and administrative expense for all share-based awards. The compensation expense recognized in the years ended December 31, 2012, 2011 and 2010 related to stock options was $1,093, $480, and $152, respectively. The compensation expense related to stock awards in the years ended December 31, 2012, 2011 and 2010 was $695, $348, and $1,101, respectively.

During the year ended December 31, 2011, our shareholders approved a new stock based compensation plan totaling 2,500 shares that can be issued in the form of stock options, stock appreciation rights and/or other stock based awards. Any options issued count as the equivalent of one share under the plan. Any stock appreciation rights and/or other stock based awards count as the equivalent one and a half shares under the new plan. As of December 31, 2012, we have approximately 1,858 maximum shares that can be issued as options, stock appreciation rights, and/or other stock based awards. Under our previously approved plan, we still have 32 options available for issuance.

Stock Option Awards

Option awards are typically granted to non-employee directors and key employees on an annual basis. A single option grant is typically awarded to eligible employees and non-employee directors each year if and when granted by the Compensation Committee of the Board of Directors and occasionally individual grants are awarded to eligible employees. All employee and non-employee directors are awarded options at an exercise price equal to the closing price of our stock on the date of grant. The term life of options is ten years with vesting periods of generally three years for key employees and one year for non-employee directors. The fair value of our options cannot be determined by market value as they are not traded in an open market. Accordingly, a financial pricing model is utilized to determine fair value. We utilize the Black Scholes model which relies on certain assumptions to estimate an option’s fair value.

During 2012, 2011 and 2010, we granted 285, 216, and 33 options, respectively, to certain key employees and non-employee directors. The weighted average grant date fair value of the options granted during the years ended December 31, 2012, 2011 and 2010 was $4.27, $5.98, and $2.64, respectively. Upon exercise of stock options, new shares of our stock are issued. The weighted average assumptions relevant to determining the fair value at the dates of grant are below:


	2012			2011			2010
Term		6 years			6 years			6 years
Risk free interest rate		1.16	%		1.72	%		2.37	%
Dividend yield		0.00	%		0.00	%		0.00	%
Expected volatility		50.51	%		42.10	%		63.90	%
Expected forfeiture rate		3.00	%		5.00	%		6.20	%

The expected volatility rate is derived from our actual common stock historical volatility over the same time period as the expected term. The volatility rate is derived by mathematical formula utilizing daily closing price data.

The expected dividend yield is derived by a mathematical formula which uses the expected annual dividends over the expected term divided by the fair market value of our common stock at the grant date.

The average risk-free interest rate is derived from United States Department of Treasury published interest rates of daily yield curves for the same time period as the expected term.

The forfeiture rate is determined from examining the historical pre-vesting forfeiture patterns of past option issuances to key employees. The forfeiture rate is estimated to be 0% for non-employee directors. While the forfeiture rate is not an input of the Black Scholes model for determining the fair value of the options, it is an important determinant of stock option compensation expense to be recorded.

The term is derived from using the “Simplified Method” of determining stock option terms as described under the Securities and Exchange Commission’s Staff Accounting Bulletin 107.

The following table provides a reconciliation of option activity for the year ended December 31, 2012:


Options	Shares (000’s)			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value ($000)
Outstanding at January 1, 2012		1,141		$	10.12
Granted		285		$	8.85
Exercised		(17	)	$	1.30
Forfeited or expired		(25	)	$	11.42

Outstanding at December 31, 2012		1,384		$	9.94		5.6	$	1,580	⁽¹⁾

Exercisable at December 31, 2012		985		$	9.79		4.2	$	1,468	⁽¹⁾

⁽¹⁾	The intrinsic value is the amount by which the market price of our stock was greater than the exercise price of any individual option grant at December 31, 2012.

As of December 31, 2012, there was approximately $800 and $545 of unrecognized compensation costs for stock options and restricted stock, respectively, to be recognized over approximately two years.

Cash proceeds from the exercise of options in the years ended December 31, 2012, 2011, and 2010 totaled approximately $22, $2,382, and $753, respectively. For the years ended December 31, 2012, 2011 and 2010, proceeds from stock options were presented inclusive of tax benefits of $0, $0, and $0, respectively, in the Financing Activities section of the Consolidated Statements of Cash Flows. The total intrinsic value of options exercised during the years ended December 31, 2012, 2011 and 2010 was $107, $1,283, and $89, respectively.

Stock Awards

During the year ended December 31, 2012, 2011 and 2010, we issued 78, 75 and 249 shares, respectively, of our common stock as awards to key employees and non-executive directors. The fair value of the shares issued was determined by using the grant date price of our common stock. The recognized compensation expense for stock awards in the years ended December 31, 2012, 2011, and 2010 was approximately $695, $348, and $1,101, respectively. The shares issued in 2012 and 2011 vest over three years. For the 2010 grant, we incurred $1,101 of compensation expense, the entire fair value of the grant, at the grant date due to the shares being fully vested at that date.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill, net

12 Months Ended

Dec. 31, 2012

Goodwill, Net / Intangible Assets, Net [Abstract]

Goodwill, net

10)

Goodwill, Net

As of December 31, 2012, we have recorded goodwill at only one site, the Pinerolo Plant reporting unit of the Metal Bearing Components Segment. We completed our annual goodwill impairment review during the fourth quarters of 2012, 2011, and 2010. For the years ended December 31, 2012, 2011 and 2010, we concluded that there were no indicators of impairment at the Pinerolo Plant reporting unit.

The changes in the carrying amount of goodwill for the years ended December 31, 2012, 2011 and 2010 are as follows:


*(In thousands)*	Metal Bearing Components Segment
Balance as of January 1, 2010	$	9,278
Currency impacts		(882	)

Balance as of December 31, 2010	$	8,396
Currency impacts		(357	)

Balance as of December 31, 2011	$	8,039
Currency impacts		215

Balance as of December 31, 2012	$	8,254

The cumulative accumulated impairment charges included in the reported goodwill balances at December 31, 2012, 2011 and 2010 were $40,045 all of which were posted during the years ended December 31, 2008 and 2007.

Intangible Assets, Net

12 Months Ended

Dec. 31, 2012

Goodwill, Net / Intangible Assets, Net [Abstract]

Intangible Assets, Net

11)

Intangible Assets, Net

The Precision Metal Components Segment has an intangible asset not subject to amortization of $900 related to the value of the trade names of Whirlaway. This indefinite lived intangible asset was tested for impairment as of December 31, 2012 and the fair value of this intangible asset exceeded its book value. We elected to use Step 1 testing even though a qualitative approach was available to us.

During the year ended December 31, 2010, we fully amortized our contract intangible within the Metal Bearing Components Segment and there are no finite lived intangible assets remaining at December 31, 2012. This intangible asset was subject to amortization over approximately five years starting in 2006 and amortization expense was approximately $550 a year. For the year ended December 31, 2010 the amortization expense totaled $562.

Segment Information

12 Months Ended

Dec. 31, 2012

Segment Information [Abstract]

Segment Information

12)

Segment Information

We determined our reportable segments under the provisions of U.S. GAAP related to disclosures about segments of an enterprise. Our three reportable segments are based on differences in product lines and are as follows:

Metal Bearing Components Segment

•

Erwin Plant

•

Mountain City Plant

•

Pinerolo Plant

•

Veenendaal Plant

•

Kysucke Plant

•

Kunshan Plant

Plastic and Rubber Components Segment

•

Danielson Plant

•

Lubbock Plant

Precision Metal Components Segment

•

Wellington Plant 1

•

Wellington Plant 2

Note: The segment information below includes the following former facilities. The Eltmann Plant was deconsolidated from NN on January 20, 2011. The Tempe plant ceased operations August 31, 2010.

All of the facilities in the Metal Bearing Components Segment are engaged in the production of precision steel balls, steel rollers, and metal retainers and automotive specialty products used primarily in the bearing industry. The Plastic and Rubber Components Segment facilities are engaged in the production of plastic retainers for bearing components, automotive components, electronic instrument cases and other molded components used in a variety of industrial and consumer applications and precision rubber bearing seals for the bearing, automotive, industrial, agricultural, and aerospace markets. The Precision Metal Components Segment is engaged in the production of highly engineered precision metal components and subassemblies including, highly engineered shafts, mechanical components, complex precision assembled and tested parts and fluid system components for the automotive, HVAC, fluid power, and diesel engine industries.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. We evaluate segment performance based on segment net income (loss) after income tax expense (benefit). We account for inter-segment sales and transfers at current market prices. We did not have any individually material inter-segment transactions during 2012, 2011, or 2010.


	Metal Bearing Components Segment		Precision Metal Components Segment			Plastic and Rubber Components Segment			Corporate and Consolidations			Total
December 31, 2012
Net sales	$	252,241	$	76,746		$	41,097		$	—		$	370,084
Interest expense		387		1,070			960			1,461			3,878
Depreciation and amortization		12,060		4,243			1,366			(26	)		17,643
Income tax (benefit) expense		2,819		(1,811	)		(2,244	)		(2,691	)		(3,927	)
Net income (loss)		20,980		8,040			2,961			(7,713	)		24,268
Assets		198,770		40,727			19,232			6,614			265,343
Expenditures for long- lived assets		14,875		1,511			703			—			17,089
December 31, 2011
Net sales	$	308,883	$	72,272		$	43,536		$	—		$	424,691
Interest expense		214		1,279			960			2,262			4,715
Depreciation and amortization		12,295		3,346			1,371			4			17,016
Income tax (benefit) expense		4,785		—			—			383			5,168
Net income (loss)		30,360		(3,143	)		1,919			(8,199	)		20,937
Assets		188,872		47,027			19,740			3,822			259,461
Expenditures for long- lived assets		11,791		7,194			1,344			—			20,329
December 31, 2010
Net sales	$	271,339	$	54,913		$	39,117		$	—		$	365,369
Interest expense		660		1,629			960			3,566			6,815
Depreciation and amortization		13,522		4,230			1,439			4			19,195
Income tax expense (benefit)		4,687		—			—			(118	)		4,569
Net income (loss)		24,910		(8,922	)		2,504			(12,076	)		6,416
Assets		190,700		34,839			18,871			4,145			248,555
Expenditures for long- lived assets		5,450		9,015			784			—			15,249

Due to the large number of countries in which we sell our products, sales to external customers and long-lived assets utilized by us are reported in the following geographical regions:


	December 31, 2012				December 31, 2011				December 31, 2010
	Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net
United States	$	144,375	$	42,884	$	140,492	$	46,959	$	120,576	$	41,906
Europe		140,208		54,768		193,948		56,442		162,438		61,813
Asia		39,576		22,035		42,591		17,127		41,616		14,769
Canada		7,464		—		6,172		—		3,909		—
Mexico		24,030		—		23,024		—		18,032		—
S. America		14,431		—		18,464		—		18,798		—

All foreign countries		225,709		76,803		284,199		73,569		244,793		76,582

Total	$	370,084	$	119,687	$	424,691	$	120,528	$	365,369	$	118,488

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income Taxes

13)

Income Taxes

As of December 31, 2011 and 2010, we had full valuation allowances against all the deferred tax assets of our U.S. units totaling $12,066 and $16,604, respectively, as we determined that it was more likely than not the U.S. locations would be unable to generate sufficient profits in the near future to allow realization of existing deferred tax assets at those period ends. The determination to place a valuation allowance on the tax benefits incurred by our U.S. based operations was made during 2009 due to the 2009 results of these entities being much more unfavorable than originally forecasted during the global economic recession of 2009. During the year ended December 31, 2010, we continued to place a valuation allowance on all of the deferred tax assets of our U.S. locations, based on the incurred net losses during the year ended December 31, 2010 at the U.S. Consolidated entities due to the restructuring at the Tempe Plant and the losses from operations at the Wellington Plants. During the year ended December 31, 2011, we continued to place a valuation allowance on all the deferred tax assets at our U.S. locations due to the uncertainty of realization of those deferred tax assets. While our U.S. entities generated pre-tax income of approximately $1,600 during the year ended December 31, 2011, the substantial cumulative losses in 2009 and 2010 outweighed the positive evidence of the 2011 taxable income.

For the year ended 2012, the pretax profit of our U.S. based companies increased to approximately $7,400 due in large part to the operational improvements in our Precision Metal Components Segment. This brings the combined 2012 and 2011 pre-tax incomes to approximately $9,000. Additionally, during the fourth quarter of 2012, we utilized approximately $9,000 of net operating losses to offset tax expense related to certain previously earned income of our foreign holding company, as discussed below. This positive evidence coupled with estimates within our U.S. based businesses of fully utilizing our net operating losses within the next two years provided enough positive evidence, in the opinion of management, to overcome the negative evidence of the cumulative pre-tax losses in 2009 and 2010. Accordingly, after considering all relevant factors and objectively verifiable evidence having an impact on the likelihood of future realization of our U.S. companies’ deferred tax assets, as of December 31, 2012, management concluded that it is more likely than not that the majority of our deferred tax assets will be realized in future years. Accordingly, we reversed $8,512 of the amount of the valuation allowance on our tax effected deferred tax assets, with a credit to the provision for income taxes of $8,512 in our Consolidated Statements of Comprehensive Income (Loss).

A valuation allowance of $2,252 will remain offsetting certain deferred tax assets as of December 31, 2012. These assets represent the portion of our previously recognized foreign tax credits which management estimates will not be realized in the future due to their relatively short remaining carry-forward periods. During the year ended December 31, 2012, we reduced the valuation allowance against these credits by $1,302 as we believe it is more likely than not these credits will be utilized before their carry forward period expires.

The following tables reflect the effects of full valuation allowances on the net deferred tax assets of all U.S. based entities for the years ended December 31, 2011 and 2010 and the removal of $9,814 of these valuation allowances for the year ended December 31, 2012.

Income (loss) before provision (benefit) for income taxes for the years ended December 31, 2012, 2011 and 2010 was as follows:


	Year ended December 31,
	2012		2011		2010
Income (loss) before provision (benefit) for income taxes:
United States	$	7,385	$	1,633	$	(9,528	)
Foreign		12,956		24,472		20,513

Total	$	20,341	$	26,105	$	10,985

Total income tax expense (benefit) for the years ended December 31, 2012, 2011, and 2010 was as follows:


	Year ended December 31,
	2012			2011			2010
Current:
U.S. Federal	$	(115	)	$	—		$	—
State		345			113			183
Non-U.S.		2,910			6,023			3,968

Total current expense (benefit)		3,140			6,136			4,151

Deferred:
U.S. Federal		2,789			534			(2,732	)
State		12			170			(160	)
U.S. deferred tax valuation allowance		(9,814	)		(704	)		2,892
Non-U.S.		(54	)		(968	)		418

Total deferred expense (benefit)		(7,067	)		(968	)		418

Total expense (benefit)	$	(3,927	)	$	5,168		$	4,569

A reconciliation of income taxes based on the U.S. federal statutory rate of 34% for each of the years ended December 31, 2012, 2011 and 2010 is summarized as follows:


	Year ended December 31,
	2012			2011			2010
Income taxes at the federal statutory rate	$	6,916		$	8,876		$	3,735
Impact of incentive stock options		371			163			52
Increase (decrease) in U.S. valuation allowance		(12,740	)		(704	)		2,892
Decrease in foreign valuation allowance		—			(1,219	)		(937	)
Capital gain on return of basis		3,079			—			—
State income taxes, net of federal taxes		334			75			54
Non-U.S. earnings taxed at different rates		(1,606	)		(2,116	)		(1,650	)
Change in uncertain tax positions		(115	)		—			—
Other permanent differences, net		(166	)		93			423

	$	(3,927	)	$	5,168		$	4,569

In conjunction with the periodic evaluation of the valuation allowance and the resulting reversal of the majority of it in the fourth quarter of 2012, we performed a comprehensive review of all domestic temporary differences. As a result of that review, our schedule of deferred tax assets reflects an increase in net deferred tax assets, prior to the effects on the valuation allowance, of approximately $2,926, which is included with the effect of the reversal of the valuation allowance in the above reconciliation table. Any portion of this correction attributable to prior years would have been offset by an equivalent change in the valuation allowance and therefore would have had no effect on comprehensive income (loss) or our financial position.

During the year ended December 31, 2011, the decrease in the foreign valuation allowance was due to utilizing the net operating losses at certain foreign jurisdictions and to eliminating the valuation allowance on deferred tax assets at our Kysucke (Slovakia) Plant.

The tax effects of the temporary differences as of December 31, 2012, 2011 and 2010 are as follows:


	December 31,
	2012			2011			2010
Deferred income tax liabilities:
Tax in excess of book depreciation	$	6,670		$	5,099		$	5,208
Goodwill		1,987			1,821			2,209
Allowance for bad debts		—			18			62
Other deferred tax liabilities		112			843			387

Gross deferred income tax liabilities		8,769			7,781			7,866
Deferred income tax assets:
Goodwill		4,141			4,846			5,754
Inventories		768			167			84
Pension/Personnel accruals		921			503			1,084
Deductions for uncollectible Eltmann receivables		—			310			—
Net operating loss carry forwards		3,682			7,526			10,150
Foreign tax credits		3,844			3,326			3,326
Guarantee claim deduction		1,141			—			—
Accruals and reserves		293			—			—
Other deferred tax assets		550			421			356

Gross deferred income tax assets		15,340			17,099			20,754
Valuation allowance on deferred tax assets		(2,252	)		(12,066	)		(16,604	)

Net deferred income tax assets		13,088			5,033			4,150

Net deferred income tax assets (liabilities)	$	4,319		$	(2,748	)	$	(3,716	)

As realization of certain deferred tax assets is not assured, management has placed valuation allowances against deferred tax assets it believes are not recoverable, as discussed above. For the remainder, management believes it is more likely than not that those net deferred tax assets will be realized. However, the amount of the deferred tax assets considered realizable could be reduced based on changing conditions. Below is a summary of the activity in the total valuation allowances during the years ended December 31, 2012, 2011 and 2010:


	Total Valuation Allowance Activity
	Balance at Beginning of Year		Additions		Recoveries			Deconsolidation of Eltmann subsidiary			Balance at End of Year
2012	$	12,066	$	—	$	(9,814	)	$	—		$	2,252
2011	$	16,604	$	—	$	(2,425	)	$	(2,113	)	$	12,066
2010	$	14,649	$	2,892	$	(937	)		—		$	16,604

The net operating loss carry forwards as of December 31, 2012, are composed of net operating losses at our U.S. operations during 2010, 2009 and 2008. The 2010 balance of net operating losses above includes $2,035 from our former Eltmann Plant which was deconsolidated on January 20, 2011. The losses of the U.S. based entities can be carried forward 20 years.

The foreign tax credits relate to profits of certain foreign subsidiaries that were taxed as deemed dividends. These credits represent the foreign taxes paid by these subsidiaries at higher effective rates that will be used to offset future foreign source income. A full valuation allowance was placed against these credits as of December 31, 2008, based on estimates, at that time, of future levels of U.S. income tax and foreign source income to be generated that these credits could be used to offset. The valuation allowance will be periodically reviewed as our estimates of future foreign source income are revised based on actual foreign source income recognized in our tax returns and future changes in foreign source income. As of December 31, 2012 and 2011, management believed it was more likely than not we would only utilize $1,302 and $0, respectively, of these credits in the near future and placed a valuation allowance on the remaining $2,252 and $3,554, respectively.

As of December 31, 2006, all of the Company’s foreign earnings had been previously taxed in the U.S. due to the application of IRC Sec. 956. Accordingly, no deferred taxes have been provided for undistributed earnings up to that time.

On December 27, 2012, our foreign holding company declared a distribution of approximately $48,000 to its U.S. parent company NN, Inc. The vast majority of this distribution was a proportional return of investment basis in our Western European subsidiaries. Approximately $9,000 of the distribution pertained to earnings and profits earned by this holding company in previous years. The approximately $9,000 of earning and profits was included in our computation of year ended 2012 taxes and the tax rate resulting in an impact of $3,079. There were two main factors influencing our decision to consider this return of basis. First, there was a desire to reduce the amount of basis in our European subsidiaries recorded on the U.S. parent company’s financial statements considering the downsizing of our European production capacity over the last few years. The second factor was proposed federal tax legislation which, if enacted, could significantly increase the tax cost of returning this basis after 2012. Because there had been no change in our long term international expansion plans as of December 31, 2012, our intent to indefinitely reinvest foreign earnings accumulated through the year ended December 31, 2012 was not changed by these factors. As of the year ended December 31, 2012, we intend to keep indefinitely reinvesting our foreign earnings. We base this assertion on two factors. First, our intention to invest in foreign countries that are strategically important to our Metal Bearing Components Segment business and its customers. Second, we have sufficient access to funds in the U.S. through projected free cash flows and the availability of our credit facilities to fund currently anticipated domestic operational and investment needs.

As such, we do not expect unrepatriated foreign earnings to become subject to U.S. taxation in the foreseeable future. If such earnings were distributed beyond the amount for which taxes have been provided, foreign tax credits would substantially offset the incremental U.S. tax liability. A deferred tax liability will be recognized should we expect we will recover these undistributed earnings in a taxable manner, such as through the receipt of dividends or sale of the investments. As we presently plan to permanently reinvest foreign undistributed earnings, we have not provided for U.S. income tax liabilities that would be payable if such earnings were not reinvested indefinitely.

A reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties for the years ended December 31, 2012, 2011 and 2010 is as follows:


	2012			2011		2010
Beginning balance	$	988		$	953	$	988
Additions for tax positions of prior years		428			35		—
Reductions for tax positions of prior years		(543	)		—		(35	)

Ending balance	$	873		$	988	$	953

As of December 31, 2012, the $873 of unrecognized tax benefits would, if recognized, impact our effective tax rate.

Interest and penalties related to federal, state, and foreign income tax matters are recorded as a component of the provision for income taxes in our statements of income. During 2010, we accrued $30 in foreign interest and penalties and removed $15 in interest and penalties for closed tax years as the previous uncertain tax accruals are no longer required. During 2011, we had a net reduction in foreign interest and penalties of $43 as older uncertain items were eliminated and newer uncertain items added. During 2012, we had an increase in foreign interest and penalties of $443 and a decrease in federal and state interest and penalties of $245 as older uncertain items were eliminated due to the tax years being closed or risk being mitigated. As of December 31, 2012, the total amount accrued for interest and penalties was $910.

We or our subsidiaries file income tax returns in the U.S. federal jurisdiction, and in various states and foreign jurisdictions. With few exceptions, we are no longer subject to federal, state and local income tax examinations by tax authorities for years before 2009. We are no longer subject to non-U.S. income tax examinations within various European Union countries for years before 2007. We do not foresee any significant changes to our unrecognized tax benefits within the next twelve months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Reconciliation of Net Income Per Share

12 Months Ended

Dec. 31, 2012

Reconciliation of Net Income Per Share [Abstract]

Reconciliation of Net Income Per Share

14)

Reconciliation of Net Income Per Share


	Year ended December 31,
	2012		2011		2010
Net income	$	24,268	$	20,937	$	6,416
Weighted average shares outstanding		17,009		16,817		16,455
Effective of dilutive stock options		105		136		115

Diluted shares outstanding		17,114		16,953		16,570

Basic net income per share	$	1.43	$	1.24	$	0.39

Diluted net income per share	$	1.42	$	1.24	$	0.39

Excluded from the dilutive shares outstanding for the years ended December 31, 2012, 2011, and 2010 were 1,187, 792, and 962 of anti-dilutive options, respectively, which had per share exercise prices ranging from of $8.54 to $14.13 for the year ended December 31, 2012, $11.50 to $14.13 for the year ended December 31, 2011 and $8.09 to $12.62 for the year ended December 31, 2010.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

15)

Commitments and Contingencies

We have operating lease commitments for machinery, office equipment, vehicles, manufacturing and office space which expire on varying dates. Rent expense for 2012, 2011 and 2010 was $2,375, $3,181, and $4,153, respectively. The following is a schedule by year of future minimum lease payments as of December 31, 2012 under operating leases that have initial or remaining non-cancelable lease terms in excess of one year.


Year ending December 31,
2013	$	2,152
2014		1,878
2015		1,664
2016		1,359
2017		733
Thereafter		315

Total minimum lease payments	$	8,101

During 2012, we were named in a lawsuit from a former independent sales agent claiming amounts due with regard to sales made after termination of our relationship. We believe that the claim is not substantiated by the facts and we are defending it aggressively. While the company is unable to predict the outcome of this matter, we do not believe, based on currently available facts, that it will have a material adverse effect on our business, financial condition, results of operations, or cash flows.

All other legal proceedings are of an ordinary and routine nature and are incidental to our operations. Management believes that such proceedings should not, individually or in the aggregate, have a material adverse effect on our business, financial condition, results of operations, or cash flows.

Due to the impacts of the global economic recession and the resulting reduction in revenue and operating losses, our wholly owned German subsidiary Kugelfertigung Eltmann GbmH (“Eltmann” or “Eltmann Plant”) sustained a significant weakening of its financial condition and as a result, became technically insolvent at which point it was required to file for bankruptcy under German bankruptcy law. The filing was made in the bankruptcy court in Germany on January 20, 2011. As of this date, NN lost the ability to control or manage Eltmann as a result of the bankruptcy court trustee taking over effective control and day to day management of this subsidiary. As a result of loss of control of this subsidiary, NN deconsolidated the assets and liabilities of Eltmann from our Consolidated Financial Statements effective January 20, 2011 (See Note 1 of Notes to Consolidated Financial Statements). The ultimate impact on NN of Eltmann filing for bankruptcy will depend on the findings of the bankruptcy court. However, until such court proceedings are finalized, we will not be able to determine what liabilities and contingent obligations, if any, might remain as the responsibility of NN. Under advice from legal counsel, NN does not expect any further significant impacts on our consolidated financial statements as a result of the liquidation of this subsidiary.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Results of Operations (Unaudited) [Abstract]

Quarterly Results of Operations (Unaudited)

16)

Quarterly Results of Operations (Unaudited)

The following summarizes the unaudited quarterly results of operations for the years ended December 31, 2012 and 2011.


	Year ended December 31, 2012
	March 31		June 30		Sept. 30		Dec. 31
Net sales	$	104,519	$	98,824	$	86,586	$	80,155
Income from operations		9,033		8,275		5,917		1,846
Net income		5,909		7,038		3,115		8,206
Basic net income per share		0.35		0.41		0.18		0.48
Diluted net income per share		0.35		0.41		0.18		0.48
Weighted average shares outstanding:
Basic number of shares		16,961		17,026		17,044		17,044
Effect of dilutive stock options		114		113		106		106

Diluted number of shares		17,075		17,139		17,150		17,150


	Year ended December 31, 2011
	March 31		June 30		Sept. 30		Dec. 31
Net sales	$	111,307	$	115,922	$	101,143	$	96,319
Income from operations		9,217		9,251		5,795		5,169
Net income		5,507		5,827		4,702		4,901
Basic net income per share		0.33		0.35		0.28		0.29
Diluted net income per share		0.33		0.34		0.28		0.29
Weighted average shares outstanding:
Basic number of shares		16,664		16,864		16,949		16,949
Effect of dilutive stock options		246		255		112		108

Diluted number of shares		16,910		17,119		17,061		17,057

The first quarter of 2012 was unfavorably impacted by $734 of after tax foreign exchange losses on intercompany loans. The second quarter of 2012 was favorably impacted by $1,109 of after tax foreign exchange gains on intercompany loans. The third quarter of 2012 was unfavorably impacted by $659 of after tax foreign exchange gains on intercompany loans.

The fourth quarter of 2012 was impacted by favorable tax expense adjustments netting to $7,257 related to removing U.S. deferred tax valuation allowances applied to all U.S. deferred tax assets, partially offset by taxes related to an international distribution and increases in our uncertain tax positions. Additionally, the fourth quarter was unfavorably impacted by $967 in impairment charges related to our former Kilkenny Plant and $826 of after tax foreign exchange losses on intercompany loans.

The first quarter of 2011 was negatively impacted by $2,500 ($2,500 after tax) of start-up costs related to new large multi-year sales programs at our Wellington Plants. Additionally, the first quarter of 2011 was favorably impacted by gains from deconsolidating Eltmann $209 ($840 after tax). Finally, the first quarter of 2011 was unfavorably impacted by $851 ($851 after tax) of foreign exchange losses on intercompany loans.

The second quarter of 2011 was negatively impacted by $2,000 ($2,000 after tax) of start-up costs related to new large multi-year sales programs at our Wellington Plants. Additionally, the second quarter of 2011 was unfavorably impacted by $304 ($304 after tax) of foreign exchange losses on intercompany loans.

The third quarter of 2011 was negatively impacted by $1,000 ($1,000 after tax) of start-up costs related to new large multi-year sales programs at our Wellington Plants. Additionally, the third quarter of 2011 was favorably impacted by $1,357 ($1,357 after tax) of foreign exchange gains on intercompany loans.

The fourth quarter of 2011 was negatively impacted by $500 ($500 after tax) of start-up costs related to new large multi-year sales programs at our Wellington Plants. Additionally, the fourth quarter of 2011 was favorably impacted by the elimination of valuation allowances of certain deferred tax assets in Europe ($770 after-tax). Finally, the fourth quarter of 2011 was favorably impacted by $854 ($854 after tax) of foreign exchange gains on intercompany loans.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

Fair Value of Financial Instruments

12 Months Ended

Dec. 31, 2012

Fair Value of Financial Instruments [Abstract]

Fair Value of Financial Instruments

17)

Fair Value of Financial Instruments

We believe the fair value of financial instruments with maturities of less than a year approximate their carrying value due to the short maturity of these instruments or in the case of our variable rate debt, due to the variable interest rates. We elected not to measure any of our financial instruments at fair value and as such will continue to show the fair value of our financial instruments for disclosure purposes only. The fair value of our fixed rate long-term borrowings is calculated using significant other observable inputs (Level 2 inputs). The fair value is calculated using a discounted cash flow analysis factoring in current market borrowing rates for similar types of borrowing arrangements under our credit profile. The carrying amounts and fair values of our long-term debt are in the table below (for disclosure purposes only):


	December 31, 2012				December 31, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Variable rate long-term debt	$	38,087	$	38,087	$	40,989	$	40,989
Fixed rate long-term debt	$	31,429	$	32,818	$	37,143	$	37,500

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2012

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

18)

Accumulated Other Comprehensive Income

The majority of our Accumulated Other Comprehensive Income balance relates to foreign currency translation of our foreign subsidiary balances. During the year ended December 31, 2012, we had other comprehensive income (loss) $2,923 due to foreign currency translations. During the year ended December 31, 2011, we had other comprehensive income (loss) of ($2,578) due to foreign currency translations. During the year ended December 31, 2010, we had other comprehensive income (loss) of ($6,726) due to foreign currency translation. Income taxes on the foreign currency translation adjustments in other comprehensive income were not recognized because the earnings are intended to be indefinitely reinvested in those operations. Also deducted from accumulated other comprehensive income (loss) as of December 31, 2010 were actuarial losses of $392, net of tax, from our pension liability.

Summary of Significant Accounting Policies and Practices (Policies)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies and Practices [Abstract]

Description of Business

a)	Description of Business

Cash

Cash

The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents.

Inventories

c)	Inventories

Property, Plant and Equipment

d)	Property, Plant and Equipment

Revenue Recognition

e)	Revenue Recognition

Accounts Receivable

f)	Accounts Receivable

Income Taxes

g)	Income Taxes

Net Income Per Common Share

h)	Net Income Per Common Share

Share Based Compensation

i)	Share Based Compensation

Principles of Consolidation

j)	Principles of Consolidation

The following table summarizes the effects of the deconsolidation of Eltmann effective January 20, 2011 on the Consolidated Balance Sheets:


Cash	$	(979	)
Accounts receivable		(3,388	)
Inventory		(2,407	)
Other assets		(193	)
Property, plant and equipment		(1,343	)

Reduction of total assets	$	(8,310	)

Accounts payable		(1,738	)
Accrued salaries		(1,500	)
Accrued pension		(5,623	)
Accumulated other comprehensive income		551

Reduction of total liabilities and stockholders’ equity	$	(8,310	)

Net impact from deconsolidation of bankrupt subsidiary	$	—

The deconsolidation of the amounts above were not reflected in the Consolidated Statements of Cash Flows for the year ended December 31, 2011.

Foreign Currency Translation

k)	Foreign Currency Translation

Goodwill and Other Indefinite Lived Intangible Assets

l)	Goodwill and Other Indefinite Lived Intangible Assets

Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of

m)	Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of

Use of Estimates in the Preparation of Financial Statements

n)	Use of Estimates in the Preparation of Financial Statements

Fair Value Measurements

o)	Fair Value Measurements

Recently Issued Accounting Standards

p)	Recently Issued Accounting Standards

Summary of Significant Accounting Policies and Practices (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies and Practices [Abstract]

Summary of the effects of deconsolidation of Eltmann


Cash	$	(979	)
Accounts receivable		(3,388	)
Inventory		(2,407	)
Other assets		(193	)
Property, plant and equipment		(1,343	)

Reduction of total assets	$	(8,310	)

Accounts payable		(1,738	)
Accrued salaries		(1,500	)
Accrued pension		(5,623	)
Accumulated other comprehensive income		551

Reduction of total liabilities and stockholders’ equity	$	(8,310	)

Net impact from deconsolidation of bankrupt subsidiary	$	—

Accounts Receivable and Sales Concentrations (Tables)

12 Months Ended

Dec. 31, 2012

Accounts Receivable and Sales Concentrations/Long Term Note Receivable [Abstract]

Summary of accounts receivables


	December 31,
	2012		2011
Trade	$	51,939	$	67,145
Less—allowance for doubtful accounts		311		438

Accounts receivable, net	$	51,628	$	66,707

Summary of Activity in the allowance for doubtful accounts


Description	Balance at Beginning of Year		Additions		Write- offs			Currency Impacts			Balance at End of Year
December 31, 2012
Allowance for doubtful accounts	$	438	$	98	$	(224	)	$	(1	)	$	311

December 31, 2011
Allowance for doubtful accounts	$	478	$	140	$	(178	)	$	(2	)	$	438

December 31, 2010
Allowance for doubtful accounts	$	473	$	97	$	(81	)	$	(11	)	$	478

Inventories (Tables)

12 Months Ended

Dec. 31, 2012

Inventories [Abstract]

Summary of Inventories


	December 31,
	2012		2011
Raw materials	$	13,013	$	13,855
Work in process		8,561		8,425
Finished goods		24,576		23,743

Inventories	$	46,150	$	46,023

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment


	Estimated	December 31,
	Useful Life	2012		2011
Land owned		$	5,937	$	5,851
Land under capital lease			1,396		1,378
Buildings and improvements owned	15-40 years		43,751		42,634
Buildings under capital lease	20 years		3,082		3,039
Machinery and equipment	3-12 years		244,138		237,051
Construction in process			20,283		8,434

			318,587		298,387
Less—accumulated depreciation			198,900		177,859

Property, plant and equipment, net		$	119,687	$	120,528

Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt [Abstract]

Summary of long-term debt and short-term debt


	2012		2011
Borrowings under our $100,000 revolving credit facility bearing interest at a floating rate equal to LIBOR (0.25% at December 31, 2012) plus an applicable margin of 1.50%, expiring October 26, 2017.	$	38,087	$	40,989
Borrowings under our $40,000 aggregate principal amount notes bearing interest at a fixed rate of 4.89% maturing on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.		11,429		17,143
Borrowings under our $20,000 aggregate principal amount notes bearing interest at a fixed rate of 4.64% maturing on December 20, 2018. Annual principal payments of $4,000 will begin on December 22, 2014 and extend through the date of maturity.		20,000		20,000

Total long-term debt		69,516		78,132
Less current maturities of long-term debt		5,801		6,503

Long-term debt, excluding current maturities	$	63,715	$	71,629

Aggregate maturities of long-term debt including current portion


Year ending December 31,
2013	$	5,801
2014		9,715
2015		4,000
2016		4,000
2017		42,000
Thereafter		4,000

Total	$	69,516

Minimum future lease payments under both capital leases together with the present value of the net minimum lease payments


Year ending December 31,
2013	$	479
2014		479
2015		479
2016		479
2017		479
Thereafter		4,855

Total minimum lease payments		7,250
Less interest included in payments above		(3,241	)

Present value of minimum lease payments	$	4,009

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Employee Benefit Plans [Abstract]

Schedule of changes to post-employment benefits


	2012			2011
Beginning balance	$	7,705		$	7,864
Amounts accrued		574			1,279
Payments to employees/government managed plan		(1,477	)		(1,233	)
Foreign currency impacts		128			(205	)

Ending balance	$	6,930		$	7,705

Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Stock Based Compensation [Abstract]

Weighted average assumptions relevant to determining the fair value at the dates of grant


	2012			2011			2010
Term		6 years			6 years			6 years
Risk free interest rate		1.16	%		1.72	%		2.37	%
Dividend yield		0.00	%		0.00	%		0.00	%
Expected volatility		50.51	%		42.10	%		63.90	%
Expected forfeiture rate		3.00	%		5.00	%		6.20	%

Reconciliation of option activity


Options	Shares (000’s)			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value ($000)
Outstanding at January 1, 2012		1,141		$	10.12
Granted		285		$	8.85
Exercised		(17	)	$	1.30
Forfeited or expired		(25	)	$	11.42

Outstanding at December 31, 2012		1,384		$	9.94		5.6	$	1,580	⁽¹⁾

Exercisable at December 31, 2012		985		$	9.79		4.2	$	1,468	⁽¹⁾

⁽¹⁾	The intrinsic value is the amount by which the market price of our stock was greater than the exercise price of any individual option grant at December 31, 2012.

Goodwill, net (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill, Net / Intangible Assets, Net [Abstract]

Changes in the carrying amount of goodwill


*(In thousands)*	Metal Bearing Components Segment
Balance as of January 1, 2010	$	9,278
Currency impacts		(882	)

Balance as of December 31, 2010	$	8,396
Currency impacts		(357	)

Balance as of December 31, 2011	$	8,039
Currency impacts		215

Balance as of December 31, 2012	$	8,254

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Segment Information [Abstract]

Segment Information


	Metal Bearing Components Segment		Precision Metal Components Segment			Plastic and Rubber Components Segment			Corporate and Consolidations			Total
December 31, 2012
Net sales	$	252,241	$	76,746		$	41,097		$	—		$	370,084
Interest expense		387		1,070			960			1,461			3,878
Depreciation and amortization		12,060		4,243			1,366			(26	)		17,643
Income tax (benefit) expense		2,819		(1,811	)		(2,244	)		(2,691	)		(3,927	)
Net income (loss)		20,980		8,040			2,961			(7,713	)		24,268
Assets		198,770		40,727			19,232			6,614			265,343
Expenditures for long- lived assets		14,875		1,511			703			—			17,089
December 31, 2011
Net sales	$	308,883	$	72,272		$	43,536		$	—		$	424,691
Interest expense		214		1,279			960			2,262			4,715
Depreciation and amortization		12,295		3,346			1,371			4			17,016
Income tax (benefit) expense		4,785		—			—			383			5,168
Net income (loss)		30,360		(3,143	)		1,919			(8,199	)		20,937
Assets		188,872		47,027			19,740			3,822			259,461
Expenditures for long- lived assets		11,791		7,194			1,344			—			20,329
December 31, 2010
Net sales	$	271,339	$	54,913		$	39,117		$	—		$	365,369
Interest expense		660		1,629			960			3,566			6,815
Depreciation and amortization		13,522		4,230			1,439			4			19,195
Income tax expense (benefit)		4,687		—			—			(118	)		4,569
Net income (loss)		24,910		(8,922	)		2,504			(12,076	)		6,416
Assets		190,700		34,839			18,871			4,145			248,555
Expenditures for long- lived assets		5,450		9,015			784			—			15,249

Revenue from external customers and long-lived assets


	December 31, 2012				December 31, 2011				December 31, 2010
	Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net
United States	$	144,375	$	42,884	$	140,492	$	46,959	$	120,576	$	41,906
Europe		140,208		54,768		193,948		56,442		162,438		61,813
Asia		39,576		22,035		42,591		17,127		41,616		14,769
Canada		7,464		—		6,172		—		3,909		—
Mexico		24,030		—		23,024		—		18,032		—
S. America		14,431		—		18,464		—		18,798		—

All foreign countries		225,709		76,803		284,199		73,569		244,793		76,582

Total	$	370,084	$	119,687	$	424,691	$	120,528	$	365,369	$	118,488

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income before provision for income taxes


	Year ended December 31,
	2012		2011		2010
Income (loss) before provision (benefit) for income taxes:
United States	$	7,385	$	1,633	$	(9,528	)
Foreign		12,956		24,472		20,513

Total	$	20,341	$	26,105	$	10,985

Income tax expense (benefit)


	Year ended December 31,
	2012			2011			2010
Current:
U.S. Federal	$	(115	)	$	—		$	—
State		345			113			183
Non-U.S.		2,910			6,023			3,968

Total current expense (benefit)		3,140			6,136			4,151

Deferred:
U.S. Federal		2,789			534			(2,732	)
State		12			170			(160	)
U.S. deferred tax valuation allowance		(9,814	)		(704	)		2,892
Non-U.S.		(54	)		(968	)		418

Total deferred expense (benefit)		(7,067	)		(968	)		418

Total expense (benefit)	$	(3,927	)	$	5,168		$	4,569

Reconciliation of income taxes based on the U.S. federal statutory rate


	Year ended December 31,
	2012			2011			2010
Income taxes at the federal statutory rate	$	6,916		$	8,876		$	3,735
Impact of incentive stock options		371			163			52
Increase (decrease) in U.S. valuation allowance		(12,740	)		(704	)		2,892
Decrease in foreign valuation allowance		—			(1,219	)		(937	)
Capital gain on return of basis		3,079			—			—
State income taxes, net of federal taxes		334			75			54
Non-U.S. earnings taxed at different rates		(1,606	)		(2,116	)		(1,650	)
Change in uncertain tax positions		(115	)		—			—
Other permanent differences, net		(166	)		93			423

	$	(3,927	)	$	5,168		$	4,569

The tax effects of the temporary differences


	December 31,
	2012			2011			2010
Deferred income tax liabilities:
Tax in excess of book depreciation	$	6,670		$	5,099		$	5,208
Goodwill		1,987			1,821			2,209
Allowance for bad debts		—			18			62
Other deferred tax liabilities		112			843			387

Gross deferred income tax liabilities		8,769			7,781			7,866
Deferred income tax assets:
Goodwill		4,141			4,846			5,754
Inventories		768			167			84
Pension/Personnel accruals		921			503			1,084
Deductions for uncollectible Eltmann receivables		—			310			—
Net operating loss carry forwards		3,682			7,526			10,150
Foreign tax credits		3,844			3,326			3,326
Guarantee claim deduction		1,141			—			—
Accruals and reserves		293			—			—
Other deferred tax assets		550			421			356

Gross deferred income tax assets		15,340			17,099			20,754
Valuation allowance on deferred tax assets		(2,252	)		(12,066	)		(16,604	)

Net deferred income tax assets		13,088			5,033			4,150

Net deferred income tax assets (liabilities)	$	4,319		$	(2,748	)	$	(3,716	)

Summary of the activity in the total valuation allowances


	Total Valuation Allowance Activity
	Balance at Beginning of Year		Additions		Recoveries			Deconsolidation of Eltmann subsidiary			Balance at End of Year
2012	$	12,066	$	—	$	(9,814	)	$	—		$	2,252
2011	$	16,604	$	—	$	(2,425	)	$	(2,113	)	$	12,066
2010	$	14,649	$	2,892	$	(937	)		—		$	16,604

Summary of reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties


	2012			2011		2010
Beginning balance	$	988		$	953	$	988
Additions for tax positions of prior years		428			35		—
Reductions for tax positions of prior years		(543	)		—		(35	)

Ending balance	$	873		$	988	$	953

- Definition

Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

+ References + Details

Reconciliation of Net Income Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Net Income Per Share [Abstract]

Summary of Reconciliation of Net Income (Loss) Per Share


	Year ended December 31,
	2012		2011		2010
Net income	$	24,268	$	20,937	$	6,416
Weighted average shares outstanding		17,009		16,817		16,455
Effective of dilutive stock options		105		136		115

Diluted shares outstanding		17,114		16,953		16,570

Basic net income per share	$	1.43	$	1.24	$	0.39

Diluted net income per share	$	1.42	$	1.24	$	0.39

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies [Abstract]

Schedule by year of future minimum lease payments


Year ending December 31,
2013	$	2,152
2014		1,878
2015		1,664
2016		1,359
2017		733
Thereafter		315

Total minimum lease payments	$	8,101

Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Results of Operations (Unaudited) [Abstract]

summarizes the unaudited quarterly results of operations


	Year ended December 31, 2012
	March 31		June 30		Sept. 30		Dec. 31
Net sales	$	104,519	$	98,824	$	86,586	$	80,155
Income from operations		9,033		8,275		5,917		1,846
Net income		5,909		7,038		3,115		8,206
Basic net income per share		0.35		0.41		0.18		0.48
Diluted net income per share		0.35		0.41		0.18		0.48
Weighted average shares outstanding:
Basic number of shares		16,961		17,026		17,044		17,044
Effect of dilutive stock options		114		113		106		106

Diluted number of shares		17,075		17,139		17,150		17,150


	Year ended December 31, 2011
	March 31		June 30		Sept. 30		Dec. 31
Net sales	$	111,307	$	115,922	$	101,143	$	96,319
Income from operations		9,217		9,251		5,795		5,169
Net income		5,507		5,827		4,702		4,901
Basic net income per share		0.33		0.35		0.28		0.29
Diluted net income per share		0.33		0.34		0.28		0.29
Weighted average shares outstanding:
Basic number of shares		16,664		16,864		16,949		16,949
Effect of dilutive stock options		246		255		112		108

Diluted number of shares		16,910		17,119		17,061		17,057

Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Fair Value of Financial Instruments [Abstract]

Summary of carrying amounts and fair values of long-term debt


	December 31, 2012				December 31, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Variable rate long-term debt	$	38,087	$	38,087	$	40,989	$	40,989
Fixed rate long-term debt	$	31,429	$	32,818	$	37,143	$	37,500

Summary of Significant Accounting Policies and Practices (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2011	Dec. 31, 2012
Summary of the effects of deconsolidation of Eltmann
Cash		$ (979)
Accounts receivable		(3,388)
Inventory		(2,407)
Other assets		(193)
Property, plant and equipment		(1,343)
Reduction of total assets		(8,310)
Accounts payable		(1,738)
Accrued salaries		(1,500)
Accrued pension		(5,623)
Accumulated other comprehensive income		551
Reduction of total liabilities and stockholders' equity		(8,310)
Net impact from deconsolidation of bankrupt subsidiary	$ 209	$ 0

Summary of Significant Accounting Policies and Practices (Details Textual)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of Significant Accounting Policies and Practices (Textual) [Abstract]
Maturity period of highly liquid investments	three months or less
Percentage of Subsidiaries Owned	100.00%	100.00%	100.00%

Restructuring and Impairment Charges (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2012 USD ($)	Mar. 31, 2010 USD ($) Employees	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charges	$ 967
Restructuring and Impairment Charges (Textual) [Abstract]
Restructuring Charges			$ 0	$ 0
Tempe Plant [Member]
Restructuring Cost and Reserve [Line Items]
Number of employees affected \| Employees		130
Severance Costs					$ 1,518
Site closure and other associated costs					506
Accelerated depreciation related to certain fixed assets		$ 1,000
Eltmann Plant [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash impairment charges			$ 967		$ 308

Accounts Receivable and Sales Concentrations (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Summary of accounts receivable
Trade	$ 51,939	$ 67,145
Less - allowance for doubtful accounts	311	438	$ 478	$ 473
Accounts receivable, net	$ 51,628	$ 66,707

Accounts Receivable and Sales Concentrations (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Activity in the allowance for doubtful accounts
Balance at Beginning of Year	$ 438	$ 478	$ 473
Additions	98	140	97
Write-offs	(224)	(178)	(81)
Currency Impacts	(1)	(2)	(11)
Balance at End of Year	$ 311	$ 438	$ 478

Accounts Receivable and Sales Concentrations (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Accounts Receivable and Sales Concentrations (Textual) [Abstract]
Net sales	$ 370,084	$ 424,691	$ 365,369
Accounts receivable, net	51,628	66,707
SKF [Member]
Accounts Receivable and Sales Concentrations (Textual) [Abstract]
Net sales	$ 124,349	$ 159,668	$ 139,242
Percentage of consolidated revenue	34.00%	38.00%	38.00%
Customers accounted percentage	10.00%	10.00%
Accounts receivable concentrations in excess	10.00%
Accounts receivable, net	$ 15,433	$ 22,572
SNR [Member]
Accounts Receivable and Sales Concentrations (Textual) [Abstract]
Accounts receivable concentrations in excess		10.00%
Accounts receivable, net		$ 6,796
Schaeffler Group [Member]
Accounts Receivable and Sales Concentrations (Textual) [Abstract]
Accounts receivable concentrations in excess			10.00%

Long Term Notes Receivable (Details) - Tempe Fixed Asset Note [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2012	Dec. 31, 2012
Long Term Notes Receivable (Textual) [Abstract]
Original face value of tempe fixed asset note		$ 2,500
Term of notes receivable		60 months
Notes receivable, interest rate		7.00%
Monthly principal and interest amount on notes receivables		$ 40
Payment period of notes receivable interest only		24 months
Term of premium on notes receivable including principal		36 months
Balloon payment of notes receivable		$ 1,525
Cash payment to settle the note	$ 1,945
Estimated fair value and carrying value of note prior to payment	$ 1,772

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Inventories
Raw materials	$ 13,013	$ 13,855
Work in process	8,561	8,425
Finished goods	24,576	23,743
Inventories	$ 46,150	$ 46,023

Inventories (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Inventories (Textual) [Abstract]
Inventory on consignment at customers' location	$ 2,644	$ 4,156

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	$ 318,587	$ 298,387
Less - accumulated depreciation	198,900	177,859
Property, plant and equipment, net	119,687	120,528	$ 118,488
Land owned [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	5,937	5,851
Land under capital lease [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	1,396	1,378
Buildings and Improvements Owned [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	$ 43,751	42,634
Buildings and Improvements Owned [Member] \| Maximum [Member]
Summary of Property, Plant and Equipment
Estimated Useful Life	40 years
Buildings and Improvements Owned [Member] \| Minimum [Member]
Summary of Property, Plant and Equipment
Estimated Useful Life	15 years
Buildings under capital lease [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	$ 3,082	3,039
Buildings under capital lease [Member] \| Maximum [Member]
Summary of Property, Plant and Equipment
Estimated Useful Life	20 years
Machinery and Equipment [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	$ 244,138	237,051
Machinery and Equipment [Member] \| Maximum [Member]
Summary of Property, Plant and Equipment
Estimated Useful Life	12 years
Machinery and Equipment [Member] \| Minimum [Member]
Summary of Property, Plant and Equipment
Estimated Useful Life	3 years
Construction in process [Member]
Summary of Property, Plant and Equipment
Property, plant and equipment, Gross	$ 20,283	$ 8,434

Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Property, Plant and Equipment [Line Items]
Net Reduction in Property, Plant and Equipment			$ 1,343
Property Plant and Equipment (Textual) [Abstract]
Addition of Land and Building Total	$ 1,948
Capital Lease Obligation Period	20 years			20 years
Depreciation expense			$ 17,601	$ 16,996	$ 18,627
Eltmann Plant [Member]
Property, Plant and Equipment [Line Items]
Reduction in machinery and equipment		$ 11,102
Accumulated Depreciation		9,759
Net Reduction in Property, Plant and Equipment		$ 1,343

Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Summary of long-term debt and short-term debt
Borrowings under our $40,000 aggregate principal amount notes bearing interest at a fixed rate of 4.89% maturing on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.	$ 11,429
Total long-term debt	69,516	$ 78,132
Less current maturities of long-term debt	5,801	6,503
Long-term debt, excluding current maturities	63,715	71,629
October 26, 2017 [Member]
Summary of long-term debt and short-term debt
Borrowings under our $100,000 revolving credit facility bearing interest at a floating rate equal to LIBOR (0.25% at December 31, 2012) plus an applicable margin of 1.50%, expiring October 26, 2017	38,087	40,989
April 26, 2014 [Member]
Summary of long-term debt and short-term debt
Borrowings under our $40,000 aggregate principal amount notes bearing interest at a fixed rate of 4.89% maturing on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.	11,429	17,143
December 20, 2018 [Member]
Summary of long-term debt and short-term debt
Borrowings under our $20,000 aggregate principal amount notes bearing interest at a fixed rate of 4.64% maturing on December 20, 2018. Annual principal payments of $4,000 will begin on December 22, 2014 and extend through the date of maturity.	$ 20,000	$ 20,000

Debt (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Aggregate maturities of long-term debt including current portion
2013	$ 5,801
2014	9,715
2015	4,000
2016	4,000
2017	42,000
Thereafter	4,000
Total long-term debt	$ 69,516	$ 78,132

Debt (Details 2) $ in Thousands	Dec. 31, 2012 USD ($)
Minimum future lease payments under both capital leases together with the present value of the net minimum lease payments
2013	$ 479
2014	479
2015	479
2016	479
2017	479
Thereafter	4,855
Total minimum lease payments	7,250
Less interest included in payments above	(3,241)
Present value of minimum lease payments	$ 4,009

Debt (Details Textual) $ in Thousands	12 Months Ended
Debt (Details Textual) $ in Thousands	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Oct. 26, 2012 USD ($)	Dec. 20, 2011 USD ($)	Sep. 30, 2011 ft²	Jun. 01, 2004 ft²
Line of Credit Facility [Line Items]
Other notes payable	$ 11,429
Debt (Textual) [Abstract]
Fixed charge coverage ratio current required minimum	1.00
Potential to expand credit facility under credit agreement	$ 35,000
Lease of land and building \| ft²					75,000	110,000
Aggregate non discounted lease payments over the twenty year term	$ 5,700	$ 3,700
Period of lease agreement	20 years	20 years
Undiscounted annual lease payments	$ 287	$ 185
Amount of credit facility to meet short term cash flow needs	$ 10,000
Method of determining interest rate under revolving credit facility	LIBOR plus an applicable margin
Land owned [Member]
Line of Credit Facility [Line Items]
Fair value	$ 520	854
Building [Member]
Line of Credit Facility [Line Items]
Fair value	1,930	1,107
April 26, 2014 [Member]
Line of Credit Facility [Line Items]
Other notes payable	11,429	17,143
December 20, 2018 [Member]
Line of Credit Facility [Line Items]
Notes Payable	$ 20,000	20,000
Senior notes maturity period	7 years
Percentage of fixed interest rate bearing	4.64%			4.64%
Annual principal payment of fixed rate notes	$ 4,000
Revolving credit facility [Member]
Line of Credit Facility [Line Items]
Borrowings			$ 100,000
Applicable margin added to the interest rate post amendment	1.50%
Unamortized balance	$ 2,012	1,761
Line of credit LIBOR rate	0.25%
Fixed rate notes [Member]
Line of Credit Facility [Line Items]
Fixed rate notes payable	$ 40,000
Unamortized balance	$ 157	$ 290
Fixed rate notes [Member] \| April 26, 2014 [Member]
Line of Credit Facility [Line Items]
Percentage of fixed interest rate bearing	4.89%
Annual principal payment of fixed rate notes	$ 5,714
Fixed rate notes [Member] \| December 20, 2018 [Member]
Line of Credit Facility [Line Items]
Expiration date	Dec. 20, 2018
Seven year fixed rate notes [Member]
Line of Credit Facility [Line Items]
Fixed rate notes payable	$ 20,000
Notes Payable				$ 20,000
Maximum [Member]
Line of Credit Facility [Line Items]
Applicable margin added to the interest rate	3.50%
Maximum [Member] \| Revolving credit facility [Member]
Line of Credit Facility [Line Items]
Applicable margin added to the interest rate post amendment	2.25%
Maximum [Member] \| Seven year fixed rate notes [Member] \| October 26th Fixed rate debt [Member]
Line of Credit Facility [Line Items]
Percentage of fixed interest rate bearing post amendment	4.89%
Minimum [Member]
Line of Credit Facility [Line Items]
Applicable margin added to the interest rate	2.50%
Minimum [Member] \| October 26th Fixed rate debt [Member]
Line of Credit Facility [Line Items]
Percentage of fixed interest rate bearing pre amendment	5.39%
Minimum [Member] \| Revolving credit facility [Member]
Line of Credit Facility [Line Items]
Applicable margin added to the interest rate post amendment	1.25%

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Schedule of changes to severance indemnity
Beginning balance	$ 7,705
Ending balance	6,930	$ 7,705
Severance Plan [Member]
Schedule of changes to severance indemnity
Beginning balance	7,705	7,864
Amounts accrued	574	1,279
Payments to employees/government managed plan	(1,477)	(1,233)
Foreign currency impacts	128	(205)
Ending balance	$ 6,930	$ 7,705

Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Jan. 20, 2011
Defined Benefit Plan Disclosure [Line Items]
Matching contribution, Amount	$ 335	$ 334	$ 282
Employee Benefit Plans (Textual) [Abstract]
Minimum Age For IRS Catch Up Provision Limit	50 years
Accrued pension liabilities				$ 5,623
Severance indemnities paid to the pension fund	1/13.5 of the gross salary
Pension obligations	$ 0
Vesting percentage	100.00%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Compensation to the plans	60.00%
Award for employees	40 years
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Compensation to the plans	1.00%
Award for employees	25 years

Stock Based Compensation (Details)	12 Months Ended
Stock Based Compensation (Details)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Weighted average assumptions relevant to determining the fair value at the dates of grant
Term	6 years	6 years	6 years
Risk free interest rate	1.16%	1.72%	2.37%
Dividend yield	0.00%	0.00%	0.00%
Expected volatility	50.51%	42.10%	63.90%
Expected forfeiture rate	3.00%	5.00%	6.20%

Stock Based Compensation (Details 1) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of option activity
Number of options, Outstanding, Beginning Balance	1,141
Weighted-Average Exercise Price, Outstanding, Beginning Balance	$ 10.12
Number of Options, Granted	285	216	33
Weighted-Average Exercise Price, Granted	$ 8.85
Number of Options, Exercised	(17)
Weighted-Average Exercise Price, Exercised	$ 1.30
Weighted-Average Exercise Price, Forfeited or expired	$ 11.42
Number of Options, Forfeited or expired	(25)
Number of options, Outstanding, Ending Balance	1,384	1,141
Weighted-Average Exercise Price, Outstanding, Ending Balance	$ 9.94	$ 10.12
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	5 years 7 months 6 days
Aggregate Intrinsic Value, Outstanding, Ending Balance	$ 1,580
Number of Options, Options Exercisable	985
Weighted-Average Exercise Price, Options exercisable	$ 9.79
Weighted-Average Remaining Contractual Term, Options exercisable	4 years 2 months 12 days
Aggregate Intrinsic Value, Options exercisable	$ 1,468

Stock Based Compensation (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of options for key employees	3 years	3 years
Stock Based Compensation (Textual) [Abstract]
Allocated Share-based Compensation Expense	$ 1,788	$ 828	$ 1,253
Compensation Expense Related with Stock Options	1,093	480	152
Compensation expense for stock awards	$ 695	$ 348	$ 1,101
Total Number Of Shares in Stock Based Compensation Plan		2,500
Maximum number of shares authorized to issued as Options	1,858
Maximum number of shares issued as Options	32
Number of Options, Granted	285	216	33
Weighted average grant date fair value of the options granted	$ 4.27	$ 5.98	$ 2.64
Estimated forfeiture rate for non employee directors	0.00%
Unrecognized compensation costs to be recognized for stock options	$ 800
Unrecognized compensation costs to be recognized for restricted stocks	545
Cash proceeds from the exercise of options	22	$ 2,382	$ 753
Proceeds from the stock options tax benefits	0	0	0
Total intrinsic value of options exercised	$ 107	$ 1,238	$ 89
Common stock issued	78	75	249
Term life of options	10 years
Unrecognized compensation costs, Period for recognition	2 years
Vesting period of stock issue	3 years	3 years
Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of options for key employees	3 years
Stock Based Compensation (Textual) [Abstract]
Vesting period of stock issue	3 years
Non-employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of options for key employees	1 year
Stock Based Compensation (Textual) [Abstract]
Vesting period of stock issue	1 year

Goodwill, net (Details) - USD ($) $ in Thousands	12 Months Ended
Goodwill, net (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Change in carrying amount of goodwill
Beginning Balance	$ 8,039	$ 8,396	$ 9,278
Ending Balance	8,254	8,039	8,396
Metal Bearing Components Segment [Member]
Change in carrying amount of goodwill
Currency translation impacts	$ 215	$ (357)	$ (882)

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill, net (Details Textual) - USD ($) $ in Thousands	12 Months Ended
Goodwill, net (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Goodwill, net (Textual) [Abstract]
Accumulated Impairment of goodwill	$ 40,045	$ 40,045	$ 40,045
Impairment of goodwill	$ 0	$ 0	$ 0

- Definition

Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 47
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets, Net (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2010
Intangible assets, Net (Textual) [Abstract]
Indefinite lived intangible asset not subject to amortization	$ 900
Finite lived intangible assets remaining	$ 0
Intangible asset amortization period	5 years
Amortization expense per year	$ 550
Amortization expense		$ 562

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Information
Net sales									$ 370,084	$ 424,691	$ 365,369
Interest expense									3,878	4,715	6,815
Depreciation and amortization									17,643	17,016	19,195
Income tax (benefit) expense									(3,927)	5,168	4,569
Net income (loss)	$ 8,206	$ 3,115	$ 7,038	$ 5,909	$ 4,901	$ 4,702	$ 5,827	$ 5,507	24,268	20,937	6,416
Assets	265,343				259,461				265,343	259,461	248,555
Expenditures for long-lived assets									17,089	20,329	15,249
Metal Bearing Components Segment [Member]
Segment Information
Net sales									252,241	308,883	271,339
Interest expense									387	214	660
Depreciation and amortization									12,060	12,295	13,522
Income tax (benefit) expense									2,819	4,785	4,687
Net income (loss)									20,980	30,360	24,910
Assets	198,770				188,872				198,770	188,872	190,700
Expenditures for long-lived assets									14,875	11,791	5,450
Precision Metal Components Segment [Member]
Segment Information
Net sales									76,746	72,272	54,913
Interest expense									1,070	1,279	1,629
Depreciation and amortization									4,243	3,346	4,230
Income tax (benefit) expense									(1,811)
Net income (loss)									8,040	(3,143)	(8,922)
Assets	40,727				47,027				40,727	47,027	34,839
Expenditures for long-lived assets									1,511	7,194	9,015
Plastic and Rubber Components Segment [Member]
Segment Information
Net sales									41,097	43,536	39,117
Interest expense									960	960	960
Depreciation and amortization									1,366	1,371	1,439
Income tax (benefit) expense									(2,244)
Net income (loss)									2,961	1,919	2,504
Assets	19,232				19,740				19,232	19,740	18,871
Expenditures for long-lived assets									703	1,344	784
Corporate and Consolidations [Member]
Segment Information
Interest expense									1,461	2,262	3,566
Depreciation and amortization									(26)	4	4
Income tax (benefit) expense									(2,691)	383	(118)
Net income (loss)									(7,713)	(8,199)	(12,076)
Assets	$ 6,614				$ 3,822				$ 6,614	$ 3,822	$ 4,145

Segment Information (Details 1) - USD ($) $ in Thousands	12 Months Ended
Segment Information (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenue from external customers and long-lived assets
Net sales	$ 370,084	$ 424,691	$ 365,369
Property, Plant and Equipment, Net	119,687	120,528	118,488
United States[Member]
Revenue from external customers and long-lived assets
Net sales	144,375	140,492	120,576
Property, Plant and Equipment, Net	42,884	46,959	41,906
Europe [Member]
Revenue from external customers and long-lived assets
Net sales	140,208	193,948	162,438
Property, Plant and Equipment, Net	54,768	56,442	61,813
Asia [Member]
Revenue from external customers and long-lived assets
Net sales	39,576	42,591	41,616
Property, Plant and Equipment, Net	22,035	17,127	14,769
Canada [Member]
Revenue from external customers and long-lived assets
Net sales	7,464	6,172	3,909
Mexico [Member]
Revenue from external customers and long-lived assets
Net sales	24,030	23,024	18,032
South America [Member]
Revenue from external customers and long-lived assets
Net sales	14,431	18,464	18,798
All foreign countries [Member]
Revenue from external customers and long-lived assets
Net sales	225,709	284,199	244,793
Property, Plant and Equipment, Net	$ 76,803	$ 73,569	$ 76,582

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income (loss) before provision (benefit) for income taxes:
United States	$ 7,385	$ 1,633	$ (9,528)
Foreign	12,956	24,472	20,513
Total	$ 20,341	$ 26,105	$ 10,985

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current:
U.S. Federal	$ (115)
State	345	113	183
Non-U.S.	2,910	6,023	3,968
Total current expense (benefit)	3,140	6,136	4,151
Deferred:
U.S. Federal	2,789	534	(2,732)
State	12	170	(160)
U.S. deferred tax valuation allowance	(9,814)	(704)	2,892
Non-U.S.	(54)	(968)	418
Total deferred expense (benefit)	(7,067)	(968)	418
Total expense (benefit)	$ (3,927)	$ 5,168	$ 4,569

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of income taxes based on the U.S. federal statutory rate
Income taxes (benefit) at the federal statutory rate	$ 6,916	$ 8,876	$ 3,735
Impact of incentive stock options	371	163	52
Increase (decrease) in valuation allowance	2,926
Capital gain on return of basis	3,079
State income taxes, net of federal taxes	334	75	54
Non-U.S. earnings taxed at different rates	(1,606)	(2,116)	(1,650)
Change in uncertain tax positions	(115)
Other permanent differences, net	(166)	93	423
Total expense (benefit)	(3,927)	5,168	4,569
Domestic Tax Authority [Member]
Reconciliation of income taxes based on the U.S. federal statutory rate
Increase (decrease) in valuation allowance	$ (12,740)	(704)	2,892
Foreign Tax Authority [Member]
Reconciliation of income taxes based on the U.S. federal statutory rate
Increase (decrease) in valuation allowance		$ (1,219)	$ (937)

Income Taxes (Details 3) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Deferred income tax liabilities:
Tax in excess of book depreciation	$ 6,670	$ 5,099	$ 5,208
Goodwill	1,987	1,821	2,209
Allowance for bad debts		18	62
Other deferred tax liabilities	112	843	387
Gross deferred income tax liabilities	8,769	7,781	7,866
Deferred income tax assets:
Goodwill	4,141	4,846	5,754
Inventories	768	167	84
Pension/Personnel accruals	921	503	1,084
Deductions for uncollectible Eltmann receivables		310
Net operating loss carry forwards	3,682	7,526	10,150
Foreign tax credits	3,844	3,326	3,326
Guarantee claim deduction	1,141
Accruals and reserves	293
Other deferred tax assets	550	421	356
Gross deferred income tax assets	15,340	17,099	20,754
Valuation allowance on deferred tax assets	(2,252)	(12,066)	(16,604)	$ (14,649)
Net deferred income tax assets	13,088	5,033	4,150
Net deferred income tax assets (liabilities)	$ 4,319	$ (2,748)	$ (3,716)

Income Taxes (Details 4) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 4) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of the activity in the total valuation allowances
Valuation Allowances and Reserves, Balance at Beginning of Year	$ 12,066	$ 16,604	$ 14,649
Additions			2,892
Recoveries	(9,814)	(2,425)	(937)
Deconsolidation of Eltmann subsidiary		(2,113)
Valuation Allowances and Reserves, Balance at End of Year	$ 2,252	$ 12,066	$ 16,604

Income Taxes (Details 5) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 5) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of reconciliation of the beginning and ending amounts of unrecognized tax benefits, excluding interest and penalties
Beginning balance	$ 988	$ 953	$ 988
Additions for tax positions of prior years	428	35
Reductions for tax positions of prior years	(543)		(35)
Ending balance	$ 873	$ 988	$ 953

Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Income Taxes (Additional Textual) [Abstract]
Valuation allowance for deferred tax assets of US units	$ 2,252	$ 12,066	$ 16,604	$ 14,649
Additional foreign interest and penalties	910
Income Taxes (Textual) [Abstract]
Pre-tax income	7,385	1,633	(9,528)
2012 and 2011 Combined pre tax income	9,000
Net operating losses used to offset tax expenses	$ 9,000
Fully utilization period of net operating losses	2 years
Reversal of Deferred tax assets valuation allowance	$ 8,512
Provision for income taxes	(7,067)	(968)	418
Utilization of foreign tax credits	1,302	0
U.S. deferred tax valuation allowance	$ 9,814	704	(2,892)
Carry forward year of losses	20 years
Net operating losses balances			2,035
Increase in deferred tax assets, prior to the effects on the valuation allowance	$ 2,926
U.S. federal statutory rate	34.00%
Foreign tax credit carryforward	$ 2,252	3,554
Deferred taxes on undistributed earnings	0
Distribution to US Parent company	48,000
Distribution pertained to earnings and profits earned	9,000
Impact of tax in earnings and profits	3,079
Unrecognized tax benefits	873
Removed penalties of closed tax years			15
Net reduction in foreign interest and penalties		43
Foreign Tax Authority [Member]
Income Taxes (Additional Textual) [Abstract]
Additional foreign interest and penalties			30
Increase decrease in interest and penalties	443
Income Taxes (Textual) [Abstract]
Increase in deferred tax assets, prior to the effects on the valuation allowance		(1,219)	(937)
Domestic Tax Authority [Member]
Income Taxes (Additional Textual) [Abstract]
Valuation allowance for deferred tax assets of US units	2,252		16,604
Increase decrease in interest and penalties	245
Income Taxes (Textual) [Abstract]
Increase in deferred tax assets, prior to the effects on the valuation allowance	$ (12,740)	$ (704)	$ 2,892

Reconciliation of Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of Reconciliation of Net Income Per Share
Net income	$ 8,206	$ 3,115	$ 7,038	$ 5,909	$ 4,901	$ 4,702	$ 5,827	$ 5,507	$ 24,268	$ 20,937	$ 6,416
Weighted average shares outstanding	17,044	17,044	17,026	16,961	16,949	16,949	16,864	16,664	17,009	16,817	16,455
Effective of dilutive stock options	106	106	113	114	108	112	255	246	105	136	115
Diluted shares outstanding	17,150	17,150	17,139	17,075	17,057	17,061	17,119	16,910	17,114	16,953	16,570
Basic net income per share	$ 0.48	$ 0.18	$ 0.41	$ 0.35	$ 0.29	$ 0.28	$ 0.35	$ 0.33	$ 1.43	$ 1.24	$ 0.39
Diluted net income per share	$ 0.48	$ 0.18	$ 0.41	$ 0.35	$ 0.29	$ 0.28	$ 0.34	$ 0.33	$ 1.42	$ 1.24	$ 0.39

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 18
-Article 7

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

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-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 220
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-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph d
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 10, 15
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

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-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 14: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28, 29, 30
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
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-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Reconciliation of Net Income Per Share (Details Textual) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of Net Income Per Share (Additional Textual) [Abstract]
Per share exercise price	$ 9.94	$ 10.12
Reconciliation of Net Income Per Share (Textual) [Abstract]
Anti dilutive options	1,187	792	962
Maximum [Member]
Reconciliation of Net Income Per Share (Additional Textual) [Abstract]
Per share exercise price	$ 14.13	$ 14.13	$ 12.62
Minimum [Member]
Reconciliation of Net Income Per Share (Additional Textual) [Abstract]
Per share exercise price	$ 8.54	$ 11.50	$ 8.09

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Commitments and Contingencies (Details) $ in Thousands	Dec. 31, 2012 USD ($)
Schedule by year of future minimum lease payments
2013	$ 2,152
2014	1,878
2015	1,664
2016	1,359
2017	733
Thereafter	315
Total minimum lease payments	$ 8,101

Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Commitments and Contingencies (Textual) [Abstract]
Rent expenses	$ 2,375	$ 3,181	$ 4,153

Quarterly Results of Operations (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Unaudited quarterly results of operations
Net sales	$ 80,155	$ 86,586	$ 98,824	$ 104,519	$ 96,319	$ 101,143	$ 115,922	$ 111,307
Income from operations	1,846	5,917	8,275	9,033	5,169	5,795	9,251	9,217	$ 25,071	$ 29,432	$ 16,248
Net income	$ 8,206	$ 3,115	$ 7,038	$ 5,909	$ 4,901	$ 4,702	$ 5,827	$ 5,507	$ 24,268	$ 20,937	$ 6,416
Basic net income per share	$ 0.48	$ 0.18	$ 0.41	$ 0.35	$ 0.29	$ 0.28	$ 0.35	$ 0.33	$ 1.43	$ 1.24	$ 0.39
Diluted net income per share	$ 0.48	$ 0.18	$ 0.41	$ 0.35	$ 0.29	$ 0.28	$ 0.34	$ 0.33	$ 1.42	$ 1.24	$ 0.39
Weighted average shares outstanding:
Basic number of shares	17,044	17,044	17,026	16,961	16,949	16,949	16,864	16,664	17,009	16,817	16,455
Effect of dilutive stock options	106	106	113	114	108	112	255	246	105	136	115
Diluted number of shares	17,150	17,150	17,139	17,075	17,057	17,061	17,119	16,910	17,114	16,953	16,570

Quarterly Results of Operations (Unaudited) (Details Textual) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012
Quarterly Results of Operations (Unaudited) (Additional Textual) [Abstract]
Elimination of Valuation allowances of deferred assets after tax	$ 7,257
Quarterly Results of Operations Unaudited (Textual) [Abstract]
Deconsolidating gains								$ 209	$ 0
Deconsolidation gains after tax								840
Foreign exchange losses on intercompany loans					$ 854	$ 1,357	$ 304	851
Foreign exchange losses on intercompany loans after tax	826	$ 659	$ 1,109	$ 734	854	1,357	304	851
Impairment charges	$ 967
Wellington Plant [Member]
Quarterly Results of Operations (Unaudited) (Additional Textual) [Abstract]
Start-up costs					500	1,000	2,000	2,500
Start-up costs after tax					500	$ 1,000	$ 2,000	$ 2,500
Elimination of Valuation allowances of deferred assets after tax					$ 770

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Variable rate long-term debt [Member]
Summary of carrying amounts and fair values of long-term debt
Long-term debt carrying amount	$ 38,087	$ 40,989
Long-term debt fair value	38,087	40,989
Fixed rate long-term debt [Member]
Summary of carrying amounts and fair values of long-term debt
Borrowings under our $20,000 aggregate principal amount notes bearing interest at a fixed rate of 4.64% maturing on December 20, 2018. Annual principal payments of $4,000 will begin on December 22, 2014 and extend through the date of maturity.	31,429	37,143
Long-term debt fair value	$ 32,818	$ 37,500

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2010	Dec. 31, 2012	Dec. 31, 2011
Accumulated Other Comprehensive Income (Textual) [Abstract]
Comprehensive income (loss) due to foreign currency translations	$ (6,726)	$ 2,923	$ (2,578)
Actuarial losses of net of tax	$ 392

- Definition

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 12, 13
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 18, 19, 22, 23, 24, 25, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details