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Long-Term Debt and Short-Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2016
Debt Disclosure [Abstract] |
Summary of Long-Term Debt and Short-Term Debt | Long-term debt and short-term debt at June 30, 2016 and December 31, 2015 consisted of the following:
|  | June 30, 2016 |  |  | Restated December 31, 2015 |
Borrowings under our $575.0 million Senior Secured Term Loan B bearing interest the greater of 1% or 3 month LIBOR (0.65% at June 30, 2016) plus an applicable margin of 4.75% at June 30, 2016, expiring October 19, 2022, net of debt issuance costs of $19.5 million at June 30, 2016 and $20.6 million at December 31, 2015. |  | $ | 551,227 |  |  | $ | 552,957 |
Borrowings under our $100.0 million Senior Secured Revolver bearing interest at LIBOR (0.44% at June 30, 2016) plus an applicable margin of 3.50% at June 30, 2016, expiring October 19, 2020, net of debt issuance costs of $2.6 million at June 30, 2016 and $2.9 million at December 31, 2015. |  |  | 20,083 |  |  |  | 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 $5.4 million at June 30, 2016 and $5.9 million at December 31, 2015. |  |  | 244,573 |  |  |  | 244,088 |
French Safeguard Obligations (Autocam) |  |  | 493 |  |  |  | 2,000 |
Brazilian lines of credit and equipment notes (Autocam) |  |  | 798 |  |  |  | 826 |
Chinese line of credit (Autocam) |  |  | 3,576 |  |  |  | 3,696 |
Total debt |  |  | 820,750 |  |  |  | 807,114 |
Less current maturities of long-term debt |  |  | 19,537 |  |  |  | 11,714 |
Long-term debt, excluding current maturities of long-term debt |  | $ | 801,213 |  |  | $ | 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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