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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract] |
Schedule of Accounts Receivable and Concentration of Credit Risk | The Company’s largest customers are Ford Motor Company, General Motors Company and Scania Group, primarily related to the Control Devices and Electronics reportable segments and accounted for the following percentages of consolidated net sales for the years ended December 31, 2016, 2015 and 2014: ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | 2016 |  | 2015 |  | 2014
﻿Ford Motor Company |  | 17 | % |  | 14 | % |  | 11 | %
﻿General Motors Company |  | 7 | % |  | 5 | % |  | 5 | %
﻿Scania Group |  | 6 | % |  | 7 | % |  | 8 | %
﻿
Schedule of Inventory, Current | Inventories consist of the following:
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿As of December 31 |  |  | 2016 |  | 2015
﻿Raw materials |  | $ | 35,665 | $ | 36,021
﻿Work-in-progress |  |  | 7,483 |  | 7,162
﻿Finished goods |  |  | 16,969 |  | 17,826
﻿Total inventories, net |  | $ | 60,117 | $ | 61,009
﻿
Statements of Operations for Discontinued Operations | ﻿ The following tables display summarized activity in our consolidated statements of operations for discontinued operations during the years ended December 31, 2015 and 2014, related to the Wiring business. There were no discontinued operations for the year ended December 31, 2016.
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |
﻿Years ended December 31 |  |  |  |  | 2015 |  | 2014 (A)
﻿ |  |  |  |  |  |  |
﻿Net sales |  |  |  | $ | - | $ | 167,434
﻿Cost of goods sold (C) |  |  |  |  | - |  | 154,787
﻿Selling, general and administrative (C) |  |  |  |  | - |  | 12,697
﻿Interest expense, net |  |  |  |  | - |  | 69
﻿Other expense (income), net |  |  |  |  | - |  | (58)
﻿Loss from operations of discontinued |  |  |  |  |  |  |
﻿operations before income taxes (C) |  |  |  |  | - |  | (61)
﻿Income tax expense on discontinued operations |  |  |  |  | - |  | (750)
﻿Loss from discontinued operations, net of tax |  |  |  |  | - |  | (811)
﻿ |  |  |  |  |  |  |
﻿Loss on disposal (B) |  |  |  | $ | (241) | $ | (6,955)
﻿Income tax expense on gain (loss) on disposal (D) |  |  |  |  | 31 |  | (1,621)
﻿Loss on disposal, net of tax |  |  |  |  | (210) |  | (8,576)
﻿ |  |  |  |  |  |  |
﻿Loss from discontinued operations |  |  |  | $ | (210) | $ | (9,387)
﻿ |  |  |  |  |  |  |
(A)The operations of the Wiring business were presented only for the seven months ended July 31, 2014 because the sale was completed on August 1, 2014. ﻿ (B)Included in loss on disposal for the years ended December 31, 2015 and 2014 were transaction costs of $223 and $1,384, respectively. The loss on disposal also includes a working capital and other adjustments of $18 for the year ended December 31, 2015. In addition, the loss on disposal included $2,734 in previously deferred foreign currency translation for the year ended December 31, 2014. ﻿ (C)The assets and liabilities of the Wiring business were reclassified as held for sale effective May 26, 2014. Accordingly, depreciation and amortization for the related Wiring assets were not recorded after that date. ﻿ (D)Gains and losses from foreign currency remeasurement related to income taxes were included as a component of income tax (expense) benefit.
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿Years ended December 31 |  |  |  |  | 2014
﻿Depreciation and amortization |  |  |  | $ | 2,111
﻿Capital expenditures |  |  |  |  | 1,238
﻿
Property, Plant and Equipment | Property, plant and equipment are recorded at cost and consist of the following: ﻿ ﻿
﻿ |  |  |  |  |
﻿As of December 31 |  |  | 2016 |  | 2015
﻿Land and land improvements |  | $ | 3,376 | $ | 3,538
﻿Buildings and improvements |  |  | 32,271 |  | 32,904
﻿Machinery and equipment |  |  | 180,944 |  | 160,721
﻿Office furniture and fixtures |  |  | 6,813 |  | 6,541
﻿Tooling |  |  | 67,261 |  | 68,101
﻿Information technology |  |  | 23,632 |  | 24,035
﻿Vehicles |  |  | 398 |  | 422
﻿Leasehold improvements |  |  | 2,583 |  | 2,581
﻿Construction in progress |  |  | 16,854 |  | 23,914
﻿ Total property, plant, and equipment |  |  | 334,132 |  | 322,757
﻿Less: accumulated depreciation |  |  | (242,632) |  | (237,493)
﻿ Property, plant and equipment, net |  | $ | 91,500 | $ | 85,264
﻿
Schedule of Property, Plant and Equipment Estimated Useful Lives | Depreciable lives within each property classification are as follows: ﻿ ﻿
﻿ |  |  |
﻿Buildings and improvements |  |  | 10-40 years
﻿Machinery and equipment |  |  | 3-10 years
﻿Office furniture and fixtures |  |  | 3-10 years
﻿Tooling |  |  | 2-5 years
﻿Information technology |  |  | 3-5 years
﻿Vehicles |  |  | 3-5 years
﻿Leasehold improvements | shorter of lease term or 3-10 years
﻿
Schedule of Goodwill | Goodwill and changes in the carrying amount of goodwill by segment for the year then ended December 31, 2014 was as follows: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Electronics |  | PST |  | Total
﻿Balance at January 1, 2014 | $ | 604 | $ | 53,744 | $ | 54,348
﻿Acquisition of aftermarket business |  | 664 |  | - |  | 664
﻿Goodwill impairment |  | - |  | (51,458) |  | (51,458)
﻿Currency translation |  | (190) |  | (2,286) |  | (2,476)
﻿Balance at December 31, 2014 | $ | 1,078 | $ | - | $ | 1,078
﻿
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | ﻿ ﻿ Other Intangible Assets ﻿ Other intangible assets, net at December 31, 2016 and 2015 consisted of the following: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  | Acquisition |  | Accumulated |  |
﻿As of December 31, 2016 |  | cost |  | amortization |  | Net
﻿Customer lists | $ | 27,476 | $ | (9,138) | $ | 18,338
﻿Tradenames |  | 18,116 |  | (4,558) |  | 13,558
﻿Technology |  | 10,862 |  | (3,498) |  | 7,364
﻿Other |  | 41 |  | (41) |  | -
﻿Total | $ | 56,495 | $ | (17,235) | $ | 39,260
﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  | Acquisition |  | Accumulated |  |
﻿As of December 31, 2015 |  | cost |  | amortization |  | Net
﻿Customer lists | $ | 23,003 | $ | (6,101) | $ | 16,902
﻿Tradenames |  | 15,129 |  | (3,043) |  | 12,086
﻿Technology |  | 9,066 |  | (2,336) |  | 6,730
﻿Other |  | 34 |  | (34) |  | -
﻿Total | $ | 47,232 | $ | (11,514) | $ | 35,718
﻿
Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities consist of the following: ﻿ ﻿
﻿ |  |  |  |
﻿As of December 31 |  | 2016 |  | 2015
﻿Compensation related liabilities | $ | 16,329 | $ | 17,878
﻿Product warranty and recall obligations |  | 6,727 |  | 4,446
﻿Other (A) |  | 18,433 |  | 16,596
﻿Total accrued expenses and other current liabilities | $ | 41,489 | $ | 38,920
﻿ (A)“Other” is comprised of miscellaneous accruals, none of which individually contributed a significant portion of the total. ﻿
Schedule of Product Warranty Liability | The following provides a reconciliation of changes in the product warranty and recall reserve: ﻿
﻿ |  |  |  |
﻿Years ended December 31 |  | 2016 |  | 2015
﻿Product warranty and recall at beginning of period | $ | 6,419 | $ | 7,601
﻿Accruals for products shipped during period |  | 4,999 |  | 4,609
﻿Aggregate changes in pre-existing liabilities due to claim developments |  | (116) |  | (156)
﻿Settlements made during the period |  | (1,958) |  | (5,635)
﻿Product warranty and recall at end of period | $ | 9,344 | $ | 6,419
﻿
Schedule of Weighted-Average Number of Shares | Actual weighted-average Common Shares outstanding used in calculating basic and diluted net income (loss) per share were as follows:
﻿ |  |  |  |  |  |
﻿ |  |  |  |
﻿ |  |  |  |
﻿Years ended December 31 |  | 2016 |  | 2015 |  | 2014
﻿Basic weighted-average Common Shares outstanding |  | 27,763,990 |  | 27,337,954 |  | 26,923,809
﻿Effect of dilutive shares |  | 544,932 |  | 621,208 |  | -
﻿Diluted weighted-average Common Shares outstanding |  | 28,308,922 |  | 27,959,162 |  | 26,923,809
﻿
Changes in Accumulated Other Comprehensive Loss by Component | Changes in accumulated other comprehensive loss for the years ended December 31, 2016 and 2015 were as follows: ﻿
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿ |  | Foreign |  | Unrealized |  | Benefit |  |
﻿ |  | currency |  | gain (loss) |  | plan |  |
﻿ |  | translation |  | on derivatives |  | liability |  | Total
﻿Balance at January 1, 2016 | $ | (70,296) | $ | 390 | $ | 84 | $ | (69,822)
﻿ |  |  |  |  |  |  |  |
﻿ Other comprehensive income (loss) before reclassifications | 2,401 |  | (572) |  | - |  | 1,829
﻿Amounts reclassified from accumulated other |  |  |  |  |  |  |  |
﻿comprehensive loss |  | - |  | 164 |  | (84) |  | 80
﻿Net other comprehensive income (loss), net of tax |  | 2,401 |  | (408) |  | (84) |  | 1,909
﻿ |  |  |  |  |  |  |  |
﻿Balance at December 31, 2016 | $ | (67,895) | $ | (18) | $ | - | $ | (67,913)
﻿ |  |  |  |  |  |  |  |
﻿Balance at January 1, 2015 | $ | (45,603) | $ | 1 | $ | 129 | $ | (45,473)
﻿ |  |  |  |  |  |  |  |
﻿ Other comprehensive loss before reclassifications | (24,693) |  | (671) |  | (45) |  | (25,409)
﻿Amounts reclassified from accumulated other |  |  |  |  |  |  |  |
﻿comprehensive loss |  | - |  | 1,060 |  | - |  | 1,060
﻿Net other comprehensive income (loss), net of tax |  | (24,693) |  | 389 |  | (45) |  | (24,349)
﻿ |  |  |  |  |  |  |  |
﻿Balance at December 31, 2015 | $ | (70,296) | $ | 390 | $ | 84 | $ | (69,822)
﻿

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