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Segment Information
3 Months Ended
Mar. 31, 2015
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 – Permanent blind bolts, temporary fasteners, highly engineered specialty fasteners and other precision machined parts used in the commercial, business and military aerospace industries.
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 APEA & 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
March 31,
 
 
2015
 
2014
 
 
(dollars in thousands)
Net Sales
 
 
 
 
Packaging
 
$
78,960

 
$
81,430

Energy
 
51,160

 
52,780

Aerospace
 
45,740

 
27,190

Engineered Components
 
48,270

 
55,430

Cequent APEA
 
35,820

 
39,470

Cequent Americas
 
106,540

 
109,090

Total
 
$
366,490

 
$
365,390

Operating Profit (Loss)
 
 
 
 
Packaging
 
$
17,510

 
$
18,360

Energy
 
340

 
2,600

Aerospace
 
8,080

 
4,860

Engineered Components
 
5,970

 
7,880

Cequent APEA
 
2,250

 
2,500

Cequent Americas
 
5,910

 
5,710

Corporate expenses
 
(8,960
)
 
(9,640
)
Cequent separation costs
 
(3,600
)
 

Total
 
$
27,500

 
$
32,270