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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Carrying Amount of Intangible Assets by Segment and by Major Asset Class

The following table presents the carrying amount of intangible assets by segment and by major asset class.

 

     Autocam
Precision
Components
Group
     Precision
Engineered
Products
Group
     Total  

Balance as of December 31, 2015

   $ 46,417      $ 233,800      $ 280,217  

Amortization

     (3,533      (22,465      (25,998

Currency impacts

     44        —          44  
  

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2016

   $ 42,928      $ 211,335      $ 254,263  

Additions

     —          6,900        6,900  

Amortization

     (3,481      (19,979      (23,460

Currency impacts

     (1      —          (1
  

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2017

   $ 39,446      $ 198,256      $ 237,702  
  

 

 

    

 

 

    

 

 

 

 

            December 31, 2017      December 31, 2016  
     Estimated Useful
Life in Years
     Gross
Carrying
Value
     Accumulated
Amortization
    Net
Carrying
Value
     Gross
Carrying
Value
     Accumulated
Amortization
    Net
Carrying
Value
 

Customer relationships

     12 - 15      $ 282,030      $ (52,408   $ 229,622      $ 275,130      $ (30,137   $ 244,993  

Other

     1 - 15        19,200        (11,120     8,080        19,217        (9,947     9,270  
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total identified intangible assets

      $ 301,230      $ (63,528   $ 237,702      $ 294,347      $ (40,084   $ 254,263  
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
Summary of Estimated Amortization Expense

The following table summarizes estimated amortization expense for the next five years:

 

Year Ending December 31,

 

2018

   $ 23,878  

2019

     23,810  

2020

     23,670  

2021

     23,678  

2022

     23,678