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Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Reconciliation of Basic to Diluted Net Income Per Share

The following is a reconciliation of basic to diluted net income per share:

 

 

 

Years Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Net income attributable to Altra Industrial Motion Corp.

 

$

25,140

 

 

$

35,406

 

 

$

40,167

 

Shares used in net income per common share - basic

 

 

25,719

 

 

 

26,064

 

 

 

26,713

 

Dilutive effect of the equity premium on Convertible Notes

   at the average price of common stock

 

 

132

 

 

 

43

 

 

 

612

 

Incremental shares of unvested restricted common stock

 

 

21

 

 

 

2

 

 

 

78

 

Shares used in net income per common share - diluted

 

 

25,872

 

 

 

26,109

 

 

 

27,403

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income attributable to Altra Industrial

   Motion Corp.

 

$

0.97

 

 

$

1.36

 

 

$

1.50

 

Diluted net income attributable to Altra Industrial

   Motion Corp.

 

$

0.97

 

 

$

1.36

 

 

$

1.47

 

 

Depreciation of Property, Plant and Equipment, Including Capital Leases is Provided Using Straight-Line Method Over Estimated Useful Life of Asset

Depreciation of property, plant and equipment, including capital leases is provided using the straight-line method over the estimated useful life of the asset, as follows:

 

Buildings and improvements

 

15 to 45 years

Machinery and equipment

 

2 to 15 years

Capital lease

 

Life of lease

 

Changes in Accumulated Other Comprehensive Loss by Component

The following is a reconciliation of changes in Accumulated Other Comprehensive Loss for the periods presented:

 

 

 

Gains and

Losses on

Cash Flow

Hedges

 

 

Defined

Benefit

Pension

Plans

 

 

Cumulative

Foreign

Currency

Translation

Adjustment

 

 

Total

 

Accumulated Other Comprehensive Loss by Component,

   January 1, 2014

 

$

135

 

 

$

(3,133

)

 

$

(15,398

)

 

$

(18,396

)

Net current-period Other Comprehensive Income (Loss), net of tax

 

 

8

 

 

 

(1,685

)

 

 

(21,342

)

 

 

(23,019

)

Accumulated Other Comprehensive Income (Loss) by Component,

   December 31, 2014

 

 

143

 

 

 

(4,818

)

 

 

(36,740

)

 

 

(41,415

)

Cumulative losses transferred from Lamiflex

 

 

 

 

 

 

 

 

(410

)

 

 

(410

)

Net current-period Other Comprehensive Income (Loss), net of tax

 

 

(283

)

 

 

(989

)

 

 

(20,735

)

 

 

(22,007

)

Accumulated Other Comprehensive Loss by Component,

  December 31, 2015

 

 

(140

)

 

 

(5,807

)

 

 

(57,885

)

 

 

(63,832

)

Net current-period Other Comprehensive Income Loss, net of tax

 

 

(506

)

 

 

139

 

 

 

(11,887

)

 

 

(12,254

)

Accumulated Other Comprehensive Loss by Component,

  December 31, 2016

 

$

(646

)

 

$

(5,668

)

 

$

(69,772

)

 

$

(76,086

)