Debt (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Long-Term Debt and Short-Term Debt

Long-term debt and short-term debt at December 31, 2016 and December 31, 2015 consisted of the following:

			Amended
	December 31,		December 31,
	2016		2015
Borrowings under our $545.0 million Senior Secured Term Loan B bearing interest at the greater of 0.75% or 1 month LIBOR (0.77% at December 31, 2016) plus an applicable margin of 4.25% at September 30, 2016, expiring October 19, 2022, net of debt issuance costs of $19.0 million at December 31, 2016 and $20.6 million at December 31, 2015.	$	524,539	$	552,957
Borrowings under our $143.0 million Senior Secured Revolver bearing interest at LIBOR (0.77% at December 31, 2016) plus an applicable margin of 3.50% at September 30, 2016, expiring October 19, 2020, net of debt issuance costs of $2.7 million at December 31, 2016 and $2.9 million at December 31, 2015.		25,298		3,547
Borrowings under our $250.0 million Senior Notes bearing interest at 10.25%, maturing on November 1, 2020, net of debt issuance costs of $4.9 million at December 31, 2016 and $5.9 million at December 31, 2015.		245,077		244,088
French Safeguard Obligations (Autocam)		358		2,000
Brazilian lines of credit and equipment notes (Autocam)		573		826
Chinese line of credit (Autocam)		2,619		3,696
Total debt		798,464		807,114
Less current maturities of long-term debt		12,751		11,714
Long-term debt, excluding current maturities of long-term debt	$	785,713	$	795,400

Schedule of Debt Restated for Adoption of New Accounting Standard

The debt issuance costs were reclassified from other non-current assets and directly applied to the associated liability.

	Reported December 31, 2015		ASU 2015-13 Reclass			Amended December 31, 2015
Borrowings under our $575.0* million Senior Secured Term Loan B	$	562,580	$	(9,623	)	$	552,957
Borrowings under our $100.0** million Senior Secured Revolver		6,462		(2,915	)		3,547
Borrowings under our $250.0 million Senior Notes		244,509		(421	)		244,088
French Safeguard Obligations (Autocam)		2,000					2,000
Brazilian lines of credit and equipment notes (Autocam)		826					826
Chinese line of credit (Autocam)		3,696					3,696
Total debt		820,073					807,114
Less current maturities of long-term debt		11,714					11,714
Long-term debt, excluding current maturities of long-term debt	$	808,359				$	795,400

* Amended from $575 million down to $545 million on September 30, 2016.

** Amended from $100 million up to $133 million on September 30, 2016; incremental amendment from $133 million up to $143 million in October 2016.

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, 2016 are as follows:

Year ending December 31,
2017	$	12,751
2018		5,968
2019		5,968
2020		279,841
2021		5,750
Thereafter		514,812
Total debt	$	825,090
Less debt issuance costs		(26,626	)
Total debt, net of debt issuance cost	$	798,464

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, 2016:

Year ending December 31,
2017	$	434
2018		434
2019		434
2020		434
2021		434
Thereafter		2,601
Total minimum lease payments		4,771
Less interest included in payments above		(1,462	)
Present value of minimum lease payments	$	3,309

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, 2016:

Year ending December 31,
2017	$	3,521
2018		2,530
2019		803
2020		0
2021		0
Thereafter		0
Total minimum lease payments		6,854
Less interest included in payments above		(282	)
Present value of minimum lease payments	$	6,572