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Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Reconciliation of Basic to Diluted Shares Outstanding

The following is a reconciliation of basic to diluted shares outstanding:

 

 

 

Years Ended December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

Net income attributable to Altra Industrial Motion Corp.

 

$

51,427

 

 

$

25,140

 

 

$

35,406

 

Shares used in net income per common share – basic

 

 

28,949

 

 

 

25,719

 

 

 

26,064

 

Dilutive effect of the equity premium on Convertible Notes

   at the average price of common stock

 

 

 

 

 

132

 

 

 

43

 

Incremental shares of unvested restricted common stock

 

 

115

 

 

 

21

 

 

 

2

 

Shares used in net income per common share – diluted

 

 

29,064

 

 

 

25,872

 

 

 

26,109

 

 

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, 2015

 

$

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

)

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

 

 

194

 

 

 

924

 

 

 

24,038

 

 

 

25,156

 

Reclassification adjustment from loss on partial settlement of pension plan, net of tax

 

 

 

 

 

1,066

 

 

 

 

 

 

1,066

 

Accumulated Other Comprehensive Loss by Component,

  December 31, 2017

 

$

(452

)

 

$

(3,678

)

 

$

(45,734

)

 

$

(49,864

)