XML 61 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Acquisitions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Autocam [Member] |
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary purchase price allocation for the Autocam merger: Preliminary fair value of assets acquired and liabilities assumed on August 29, 2014
Current assets |  | $ | 88,529 |
Property, plant, and equipment |  |  | 146,120 |
Intangible assets subject to amortization |  |  | 51,098 |
Investment in joint venture |  |  | 35,595 |
Other non-current assets |  |  | 2,170 |
Goodwill |  |  | 77,548 |
Total assets acquired |  | $ | 401,060 |
Current liabilities |  |  | 34,320 |
Current maturities of long-term debt |  |  | 6,547 |
Non-current deferred tax liabilities |  |  | 46,998 |
Obligations under capital lease |  |  | 18,350 |
Long-term debt, net of current portion |  |  | 4,263 |
Other non-current assets |  |  | 2,028 |
Total liabilities assumed |  | $ | 112,506 |
Net asset acquired |  | $ | 288,554 |
Summary of Unaudited Proforma Information | The provision for income taxes has also been adjusted for all periods, based upon the foregoing adjustments to historical results.
|  | Three Months ended September 30, |  |  | Nine Months ended September 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Pro forma sales |  | $ | 166,979 |  |  | $ | 152,708 |  |  | $ | 505,891 |  |  | $ | 457,466 |
Pro forma net income |  | $ | 4,867 |  |  | $ | 5,436 |  |  | $ | 19,815 |  |  | $ | (224 | )
Other Acquisitions [Member] |
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary fair values of assets acquired and liabilities assumed at the date of acquisition with any adjustments to fair value since June 30, 2014.
Assets acquired and liabilities assumed |  | June 30, 2014 |  |  | Net Assets acquired in third quarter |  |  | 2014 adjustments to fair value |  |  | September 30, 2014 |
Current assets |  | $ | 5,347 |  |  | $ | 397 |  |  | $ | (56 | ) |  | $ | 5,688 |
Property, plant, and equipment |  |  | 14,750 |  |  |  | 274 |  |  |  | 343 |  |  |  | 15,367 |
Intangible assets subject to amortization |  |  | 1,815 |  |  |  | 1,140 |  |  |  | (250 | ) |  |  | 2,705 |
Goodwill |  |  | 732 |  |  |  | 1,428 |  |  |  | (122 | ) |  |  | 2,038 |
Total assets acquired |  | $ | 22,644 |  |  | $ | 3,239 |  |  | $ | (85 | ) |  | $ | 25,798 |
Current liabilities |  | $ | 4,749 |  |  | $ | 139 |  |  | $ | (85 | ) |  | $ | 4,803 |
Total liabilities assumed |  | $ | 4,749 |  |  | $ | 139 |  |  | $ | (85 | ) |  | $ | 4,803 |
Net asset acquired |  | $ | 17,895 |  |  | $ | 3,100 |  |  | $ | — |  |  | $ | 20,995 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration