XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Investment in Non-Consolidated Joint Venture | 9 Months Ended
--- | ---
Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract] |
Investment in Non-Consolidated Joint Venture | Note 12. Investment in Non-Consolidated Joint Venture As part of the Autocam Precision Components Group, we own a 49% investment in a joint venture with an unrelated entity called Wuxi Weifu Autocam Precision Machinery Company, Ltd. (the “JV”), a Chinese company located in Wuxi, China. Below are the components of our JV investment balance at September 30, 2016:
Balance as of December 31, 2015 |  | $ | 38,462 |
Our share of cumulative earnings |  |  | 4,545 |
Dividends declared and paid by joint venture |  |  | (3,707 | )
Accretion of basis difference from purchase accounting |  |  | (375 | )
Balance as of September 30, 2016 |  | $ | 38,925 |
The following table summarizes balance sheet information for the JV:
|  | September 30, 2016 |  |  | December 31, 2015 |
Current assets |  | $ | 32,425 |  |  | $ | 24,663 |
Non-current assets |  |  | 22,875 |  |  |  | 22,847 |
Total assets |  | $ | 55,300 |  |  | $ | 47,510 |
Current liabilities |  | $ | 16,540 |  |  | $ | 11,171 |
Total liabilities |  | $ | 16,540 |  |  | $ | 11,171 |
Dividends of $3.7 million were declared and paid by the JV during the three months ended September 30, 2016. We had sales to the JV of approximately $0.1 million during the three and nine months ended September 30, 2016. Amounts due to us from the JV were $0.2 million as of September 30, 2016.

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32787-111569 + Details
Name: | us-gaap_EquityMethodInvestmentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration