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Basis of Presentation and Principles of Consolidation (Tables)
6 Months Ended
Jun. 30, 2013
Accounting Policies [Abstract]  
Summary of Revisions to Consolidated Financial Statements

A summary of the revisions to the consolidated financial statements as of June 30, 2012 and for the three and six months ended June 30, 2012 is as follows:

 

     As
Previously
Reported
    Adjustment     As Revised  
     June 30, 2012  

Consolidated Balance Sheet

  

Accounts receivable, net of allowance

   $ 192,326      $ 984      $ 193,310   

Inventories

     180,815        (811     180,004   

Deferred income tax assets—current

     28,079        1,264        29,343   

Income tax receivable

     4,996        (476     4,520   

Total current assets

     429,443        961        430,404   

Deferred income tax assets—noncurrent

     19,917        (260     19,657   

Total assets

     538,522        701        539,223   

Accounts payable

     105,981        (1,396     104,585   

Accrued liabilities

     39,590        984        40,574   

Total current liabilities

     148,919        (412     148,507   

Total liabilities

     605,586        (412     605,174   

Accumulated deficit

     (67,799     1,113        (66,686

Total Global Brass and Copper Holdings, Inc. stockholders’ deficit

     (70,422     1,113        (69,309

Total deficit

     (67,064     1,113        (65,951

Total liabilities and deficit

     538,522        701        539,223   
     Three Months Ended June 30, 2012  

Consolidated Statement of Operations

  

Cost of sales

   $ 371,213      $ (1,355   $ 369,858   

Gross profit

     45,766        1,355        47,121   

Operating income

     7,801        1,355        9,156   

Loss before benefit from income taxes and equity income

     (22,418     1,355        (21,063

Benefit from income taxes

     (1,247     276        (971

Loss before equity income

     (21,171     1,079        (20,092

Net loss

     (20,970     1,079        (19,891

Net loss attributable to Global Brass and Copper Holdings, Inc.

     (21,084     1,079        (20,005

Net loss attributable to Global Brass and Copper Holdings, Inc. per common share:

      

Basic

   $ (1.00   $ 0.05      $ (0.95

 

     As
Previously
Reported
    Adjustment     As Revised  
     Six Months Ended June 30, 2012  

Consolidated Statement of Operations

  

Cost of sales

   $ 763,914      $ (619   $ 763,295   

Gross profit

     96,456        619        97,075   

Operating income

     40,568        619        41,187   

Income before provision for income taxes and equity income

     289        619        908   

Provision for income taxes

     7,221        6        7,227   

Loss before equity income

     (6,932     613        (6,319

Net loss

     (6,457     613        (5,844

Net loss attributable to Global Brass and Copper Holdings, Inc.

     (6,625     613        (6,012

Net loss attributable to Global Brass and Copper Holdings, Inc. per common share:

      

Basic

   $ (0.31   $ 0.03      $ (0.28
     Three Months Ended June 30, 2012  

Consolidated Statement of Comprehensive Loss

  

Net loss

   $ (20,970   $ 1,079      $ (19,891

Comprehensive loss

     (21,113     1,079        (20,034

Comprehensive loss attributable to Global Brass and Copper Holdings, Inc.

     (21,232     1,079        (20,153
     Six Months Ended June 30, 2012  

Consolidated Statement of Comprehensive Loss

  

Net loss

   $ (6,457   $ 613      $ (5,844

Comprehensive loss

     (6,580     613        (5,967

Comprehensive loss attributable to Global Brass and Copper Holdings, Inc.

     (6,770     613        (6,157
     Six Months Ended June 30, 2012  

Consolidated Statement of Changes in Deficit

  

Net loss

   $ (6,457   $ 613      $ (5,844

Net loss attributable to Global Brass and Copper Holdings, Inc.

     (6,625     613        (6,012

Accumulated deficit—Balance, June 30, 2012

     (67,799     1,113        (66,686

Total Global Brass and Copper Holdings, Inc. stockholders’ deficit—Balance, June 30, 2012

     (70,422     1,113        (69,309

Total deficit—Balance, June 30, 2012

     (67,064     1,113        (65,951