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Long-Term Debt and Short-Term Debt (Tables) | 3 Months Ended
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Mar. 31, 2016
Debt Disclosure [Abstract] |
Summary of Long-Term Debt and Short-Term Debt | Long-term debt and short-term debt at March 31, 2016 and December 31, 2015 consisted of the following:
|  |  |  |  | Restated |
|  | March 31, |  |  | December 31, |
|  | 2016 |  |  | 2015 |
Borrowings under our $575.0 million Senior Secured Term Loan B bearing interest the greater of 1% or 3 month LIBOR (0.63% at March 31, 2016) plus an applicable margin of 4.75% at March 31, 2016, expiring October 19, 2022, net of debt issuance costs of $20.1 million. |  |  | 552,038 |  |  |  | 552,957 |
Borrowings under our $100.0 million Senior Secured Revolver bearing interest at LIBOR (0.43% at March 31, 2016) plus an applicable margin of 3.50% at March 31, 2016, expiring October 19, 2020, net of debt issuance costs of $2.8 million. |  |  | 15,211 |  |  |  | 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 $5.7 million. |  |  | 244,330 |  |  |  | 244,088 |
French Safeguard Obligations (Autocam) |  |  | 507 |  |  |  | 2,000 |
Brazilian lines of credit and equipment notes (Autocam) |  |  | 812 |  |  |  | 826 |
Chinese line of credit (Autocam) |  |  | 3,721 |  |  |  | 3,696 |
Total debt |  |  | 816,619 |  |  |  | 807,114 |
Less current maturities of long-term debt |  |  | 11,947 |  |  |  | 11,714 |
Long-term debt, excluding current maturities of long-term debt |  | $ | 804,672 |  |  | $ | 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.
|  | Audited December 31, 2015 |  |  | ASU 2015-13 Reclass |  |  | Restated 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 |

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