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Investment in Joint Venture
 6 Months Ended
Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Investment in Joint Venture Investment in Joint Venture
We own a 49% investment in Wuxi Weifu Autocam Precision Machinery Company, Ltd. (the “JV”), a joint venture located in Wuxi, China. The JV is jointly controlled and managed, and we account for it under the equity method.
The following table shows changes in our investment in the JV.
Balance as of December 31, 2021$34,045 
Share of earnings2,511 
Dividends paid by joint venture(4,026)
Foreign currency translation loss(1,655)
Balance as of June 30, 2022$30,875