Debt (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Long-Term Debt and Short-Term Debt

Long-term debt and short-term debt at December 31, 2014 and December 31, 2013 consisted of the following:

	December 31, 2014		December 31, 2013
Borrowings under our $350,000 Term Loan B bearing interest the greater of 1% or 3 month LIBOR (0.2318% at September 30, 2014) plus an applicable margin of 5.00% at September 30, 2014, expiring August 29, 2021, net of discount of $4,995.	$	340,005	$	—
Borrowings under our $100,000 ABL Revolver bearing interest at a floating rate equal to LIBOR (0.1565% at September 30, 2014) plus an applicable margin of 1.75% at September 30, 2014, expiring August 29, 2019.		—		—
Borrowings under our $100,000 revolving credit facility bearing interest at a floating rate equal to LIBOR (0.1565% at September 30, 2014) plus an applicable margin of 1.25% at September 30, 2014, expiring October 26, 2017.		—		10,763
Borrowings under our $40,000 aggregate principal amount of fixed rate notes bore interest at a fixed rate of 4.89% and matured on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.		—		5,714
Borrowings under our $20,000 aggregate principal amount of fixed rate 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
French Safeguard Obligations (Autocam)		2,560		—
Brazilian lines of credit and equipment notes (Autocam)		5,304		—
Chinese line of credit (Autocam)		2,317		—
Total debt		350,186		36,477
Less current maturities of long-term debt		22,160		10,477
Long-term debt, excluding current maturities of long-term debt	$	328,026	$	26,000

Aggregate Maturities of Long-Term Debt Including Current Portion

The aggregate maturities of long-term debt including current portion for each of the five years subsequent to December 31, 2014 are as follows:

Year ending December 31,
2015	$	22,160
2016		18,150
2017		17,020
2018		16,186
2019		14,711
Thereafter		261,959
Total	$	350,186

Minimum Future Lease Payments Under Both Capital Leases and Assumed Capital Leases Together with Present Value of Net Minimum Lease Payments

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, 2014:

Year ending December 31,
2015	$	481
2016		481
2017		481
2018		481
2019		481
Thereafter		3,913
Total minimum lease payments		6,318
Less interest included in payments above		(2,575	)
Present value of minimum lease payments	$	3,743

Autocam [Member]

Minimum Future Lease Payments Under Both Capital Leases and Assumed Capital Leases Together with Present Value of Net Minimum Lease Payments

Below are the minimum future lease payments under the assumed capital leases together with the present value of the net minimum lease payments as of December 31, 2014:

Year ending December 31,
2015	$	5,743
2016		4,593
2017		3,587
2018		2,572
2019		816
Thereafter		—
Total minimum lease payments		17,311
Less interest included in payments above		(1,097	)
Present value of minimum lease payments	$	16,214