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Investment in Non-Consolidated Joint Venture | 6 Months Ended
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Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract] |
Investment in Non-Consolidated Joint Venture | Note 11. Investment in Non-Consolidated Joint Venture As part of the Autocam acquisition, 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. The JV is jointly controlled and managed, and it is being accounted for under the equity method. Below are the components of our JV investment balance and activity for the six months ended June 30, 2017:
Balance as of December 31, 2016 |  | $ | 36,008 |
Our share of earnings |  |  | 3,165 |
Accretion of basis difference from purchase accounting |  |  | (228 | )
Foreign currency translation gain |  |  | 908 |
Balance as of June 30, 2017 |  | $ | 39,853 |
The following table summarizes balance sheet information for the JV:
|  | June 30, |  |  | December 31, |
|  | 2017 |  |  | 2016 |
Current assets |  | $ | 40,712 |  |  | $ | 31,295 |
Non-current assets |  |  | 24,386 |  |  |  | 22,522 |
Total assets |  | $ | 65,098 |  |  | $ | 53,817 |
Current liabilities |  | $ | 16,522 |  |  | $ | 13,549 |
Non-current liabilities |  |  | 6 |  |  |  | — |
Total liabilities |  | $ | 16,528 |  |  | $ | 13,549 |
We had sales to the JV of approximately $0.1 and $0.1 million during the three and six months ended June 30, 2017. Amounts due to us from the JV were $0.1 million as of June 30, 2017.

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- 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 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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