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Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2016
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | Long-term debt at September 30, 2016 and December 31, 2015 consisted of the following:
|  | September 30, |  |  | Restated December 31, |
|  | 2016 |  |  | 2015 |
Borrowings under our $545.0 million Senior Secured Term Loan B bearing interest at the greater of 0.75% or 1 month LIBOR (0.53% at September 30, 2016) plus an applicable margin of 4.25% at September 30, 2016, expiring October 19, 2022, net of debt issuance costs of $21.1 million at September 30, 2016 and $20.6 million at December 31, 2015. |  | $ | 525,203 |  |  | $ | 552,957 |
Borrowings under our $133.0 million Senior Secured Revolver bearing interest at LIBOR (0.53% at September 30, 2016) plus an applicable margin of 3.50% at September 30, 2016, expiring October 19, 2020, net of debt issuance costs of $2.6 million at September 30, 2016 and $2.9 million at December 31, 2015. |  |  | 30,405 |  |  |  | 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 $5.2 million at September 30, 2016 and $5.9 million at December 31, 2015. |  |  | 244,822 |  |  |  | 244,088 |
French Safeguard Obligations (Autocam) |  |  | 496 |  |  |  | 2,000 |
Brazilian lines of credit and equipment notes (Autocam) |  |  | 681 |  |  |  | 826 |
Chinese line of credit (Autocam) |  |  | 2,706 |  |  |  | 3,696 |
Total debt |  |  | 804,313 |  |  |  | 807,114 |
Less current maturities of long-term debt |  |  | 8,621 |  |  |  | 11,714 |
Long-term debt, excluding current maturities of long-term debt |  | $ | 795,692 |  |  | $ | 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.
|  | Reported 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 |
* | Amended from $575 million down to $545 million on September 30, 2016.
** | Amended from $100 million up to $133 million on September 30, 2016.

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