Debt (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Long-Term Debt and Short-Term Debt

Long-term debt and short-term debt at December 31, 2015 and December 31, 2014 consisted of the following:

	December 31, 2015		December 31, 2014
Borrowings under our $575.0 million Senior Secured Term Loan B bearing interest the greater of 1% or 3 month LIBOR (0.61270% at December 31, 2015) plus an applicable margin of 4.75% at December 31, 2015, expiring October 19, 2022, net of discount of $11.0 million.	$	562,580	$	—
Borrowings under our $100.0 million Senior Secured Revolver bearing interest at LIBOR (0.4239% at December 31, 2015) plus an applicable margin of 3.50% at December 31, 2015, expiring October 19, 2020.		6,462		—
Borrowings under our $250.0 million Senior Notes bearing interest at 10.25%, maturing on November 1, 2020, net of discount of $5.5 million.		244,509		—
Borrowings under our $350.0 Term Loan B bearing interest at the greater of 1% or 3 month LIBOR (0.2560% at December 31, 2014) plus an applicable margin of 5.00% at December 31, 2014, expiring August 29, 2019 net of discount of $5.0 million.		—		340,005
Borrowings under our $100.0 million ABL Revolver bearing interest at a floating rate equal to LIBOR (0.17125% at December 31, 2014) plus an applicable margin of 1.75% at December 31, 2014, expiring August 29, 2019.		—		—
French Safeguard Obligations (Autocam)		2,000		2,560
Brazilian lines of credit and equipment notes (Autocam)		826		5,304
Chinese line of credit (Autocam)		3,696		2,317
Total debt		820,073		350,186
Less current maturities of long-term debt		11,714		22,160
Long-term debt, excluding current maturities of long-term debt	$	808,359	$	328,026

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, 2015 are as follows:

Year ending December 31,
2016	$	11,714
2017		6,426
2018		6,426
2019		6,418
2020		255,259
Thereafter		533,830
Total	$	820,073

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

Below are the aggregate minimum future lease payments under both capital leases together with the present value of the net minimum lease payments as of December 31, 2015:

Year ending December 31,
2016	$	460
2017		460
2018		460
2019		460
2020		460
Thereafter		2,893
Total minimum lease payments		5,193
Less interest included in payments above		(1,935	)
Present value of minimum lease payments	$	3,258

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, 2015:

Year ending December 31,
2016	$	4,498
2017		3,536
2018		2,539
2019		817
2020		—
Thereafter		—
Total minimum lease payments		11,390
Less interest included in payments above		(979	)
Present value of minimum lease payments	$	10,411