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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Changes to Post-Employment Benefits

The amounts shown in the table below represent the actual liabilities at December 31, 2014 and 2013 reported under accrued post-employment benefits in the Consolidated Balance Sheets for both plans combined.

 

     2014      2013  

Beginning balance

   $ 6,920       $ 6,930   

Amounts accrued

     1,111         1,019   

Payments to employees/government managed plan

     (1,186      (1,331

Foreign currency impacts

     (821      302   
  

 

 

    

 

 

 

Ending balance

$ 6,024    $ 6,920   
  

 

 

    

 

 

 
Summary of Projected Benefit Obligation Information for Pension Plan

Set forth below is projected benefit obligation information for the Pension Plan and the plan activity since we acquired Autocam on August 29, 2014:

 

     2014  

Accumulated benefit obligation at measurement date

   $ 1,011   

Effect of salary increases

     526   
  

 

 

 

Projected benefit obligation at measurement date

$ 1,537   
  

 

 

 

Projected benefit obligation at date of acquisition

$ 1,549   

Service and interest costs

  35   

Actuarial gains (losses)

  94   

Benefits paid

Effect of foreign currency translation gains and other

  (141
  

 

 

 

Projected benefit obligation at measurement date

$ 1,537   
  

 

 

Summary of Net Periodic Benefit Cost Information for Pension Plan

Set forth below is net periodic benefit cost information for the Pension Plan for the four month period since the acquisition of Autocam:

 

     2014  

Service and interest costs

   $ 35   

Expected return on plan assets

     (4

Amortization of prior service costs

     6   
  

 

 

 

Net periodic benefit cost

$ 37   
  

 

 

Summary of Net Plan Asset Information for Pension Plan

Set forth below is plan asset information for the Pension Plan:

 

     2014  

Plan assets at fair value at measurement date

   $ 589   

Projected benefit obligations at measurement date

     (1,537
  

 

 

 

Funded status

($ 948
  

 

 

 

Plan assets at fair value at date of acquisition

$ 655   

Actual return on plan assets

  3   

Benefits paid

  (12

Effect of foreign currency translation gains

  (57
  

 

 

 

Plan assets at fair value at measurement date

$ 589