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Segment Information
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Segment Information
Segment Information
TriMas groups its operating segments into reportable segments that provide similar products and services. Each operating segment has discrete financial information evaluated regularly by the Company's chief operating decision maker in determining resource allocation and assessing performance. Within these reportable segments, there are no individual products or product families for which reported net sales accounted for more than 10% of the Company's consolidated net sales. See below for more information regarding the types of products and services provided within each reportable segment:
Packaging – Highly engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial and consumer packaging applications.
Energy – Metallic and non-metallic industrial sealant products and fasteners for the petroleum refining, petrochemical and other industrial markets.
Aerospace & Defense – Highly engineered specialty fasteners and screws for the commercial and military aerospace industries and military munitions components for the defense industry.
Engineered Components – High-pressure and low-pressure cylinders for the transportation, storage and dispensing of compressed gases, and natural gas engines, compressors, gas production equipment and chemical pumps engineered at well sites for the oil and gas industry.
Cequent Asia Pacific & Cequent Americas – Custom-engineered towing, trailering and electrical products including trailer couplers, winches, jacks, trailer brakes and brake control solutions, lighting accessories and roof racks for the recreational vehicle, agricultural/utility, marine, automotive and commercial trailer markets, functional vehicle accessories and cargo management solutions including vehicle hitches and receivers, sway controls, weight distribution and fifth-wheel hitches, hitch-mounted accessories and other accessory components.
Segment activity is as follows:
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(dollars in thousands)
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
77,240

 
$
46,090

 
$
202,250

 
$
137,890

Energy
 
45,460

 
42,690

 
143,220

 
125,810

Aerospace & Defense
 
20,810

 
20,330

 
58,000

 
60,160

Engineered Components
 
51,880

 
46,010

 
154,180

 
126,870

Cequent Asia Pacific
 
37,480

 
26,020

 
94,230

 
67,390

Cequent Americas
 
103,000

 
96,520

 
319,990

 
306,190

Total
 
$
335,870

 
$
277,660

 
$
971,870

 
$
824,310

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
18,240

 
$
10,240

 
$
44,700

 
$
37,140

Energy
 
3,780

 
4,560

 
14,520

 
14,920

Aerospace & Defense
 
6,030

 
5,420

 
15,710

 
14,000

Engineered Components
 
6,310

 
7,730

 
22,620

 
19,010

Cequent Asia Pacific
 
3,950

 
5,250

 
9,000

 
9,720

Cequent Americas
 
8,430

 
9,580

 
28,090

 
30,630

Corporate expenses
 
(10,140
)
 
(6,990
)
 
(26,100
)
 
(20,500
)
Total
 
$
36,600

 
$
35,790

 
$
108,540

 
$
104,920