XML 62 R45.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Summary Quarterly Financial Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
|  | As of December 31, 2015
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (unaudited, dollars in thousands, except for per share data)
Net sales |  | $ | 224,130 |  |  | $ | 224,900 |  |  | $ | 222,190 |  |  | $ | 192,760 |
Gross profit |  | 62,920 |  |  | 61,720 |  |  | 62,470 |  |  | 49,000 |
Income (loss) from continuing operations(a) |  | 11,940 |  |  | 8,490 |  |  | 11,710 |  |  | (60,800 | )
Income (loss) from discontinued operations, net of income taxes |  | 2,040 |  |  | (6,780 | ) |  | — |  |  | — |
Net income (loss) |  | 13,980 |  |  | 1,710 |  |  | 11,710 |  |  | (60,800 | )
Earnings (loss) per share attributable to TriMas Corporation—basic: |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.26 |  |  | $ | 0.19 |  |  | $ | 0.26 |  |  | $ | (1.35 | )
Discontinued operations |  | 0.05 |  |  | (0.15 | ) |  | — |  |  | — |
Net income (loss) per share |  | $ | 0.31 |  |  | $ | 0.04 |  |  | $ | 0.26 |  |  | $ | (1.35 | )
Weighted average shares—basic |  | 44,997,961 |  |  | 45,150,827 |  |  | 45,157,412 |  |  | 45,188,303 |
Earnings (loss) per share attributable to TriMas Corporation—diluted: |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.26 |  |  | $ | 0.19 |  |  | $ | 0.26 |  |  | $ | (1.35 | )
Discontinued operations |  | 0.05 |  |  | (0.15 | ) |  | — |  |  | — |
Net income (loss) per share |  | $ | 0.31 |  |  | $ | 0.04 |  |  | $ | 0.26 |  |  | $ | (1.35 | )
Weighted average shares—diluted |  | 45,400,843 |  |  | 45,418,907 |  |  | 45,499,104 |  |  | 45,188,303 |
________________________________________ (a) Loss from continuing operations for the fourth quarter of 2015 includes pre-tax goodwill and indefinite-lived intangible asset impairment charges of $75.7 million. See Note 8, "Goodwill and Other Intangible Assets", for further details.
|  | As of December 31, 2014
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (unaudited, dollars in thousands, except for per share data)
Net sales |  | $ | 216,830 |  |  | $ | 224,710 |  |  | $ | 222,330 |  |  | $ | 223,430 |
Gross profit |  | 60,440 |  |  | 62,760 |  |  | 59,870 |  |  | 53,940 |
Income from continuing operations |  | 13,690 |  |  | 14,440 |  |  | 11,090 |  |  | 7,670 |
Income (loss) from discontinued operations, net of income taxes |  | 5,690 |  |  | 11,760 |  |  | 11,140 |  |  | (6,200 | )
Net income |  | 19,380 |  |  | 26,200 |  |  | 22,230 |  |  | 1,470 |
Less: Net income attributable to noncontrolling interests |  | 810 |  |  | — |  |  | — |  |  | — |
Net income attributable to TriMas Corporation |  | 18,570 |  |  | 26,200 |  |  | 22,230 |  |  | 1,470 |
Earnings (loss) per share attributable to TriMas Corporation—basic: |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.29 |  |  | $ | 0.32 |  |  | $ | 0.24 |  |  | $ | 0.17 |
Discontinued operations |  | 0.12 |  |  | 0.26 |  |  | 0.25 |  |  | (0.14 | )
Net income per share |  | $ | 0.41 |  |  | $ | 0.58 |  |  | $ | 0.49 |  |  | $ | 0.03 |
Weighted average shares—basic |  | 44,768,594 |  |  | 44,901,090 |  |  | 44,919,340 |  |  | 44,938,675 |
Earnings (loss) per share attributable to TriMas Corporation—diluted: |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.29 |  |  | $ | 0.32 |  |  | $ | 0.24 |  |  | $ | 0.17 |
Discontinued operations |  | 0.12 |  |  | 0.26 |  |  | 0.25 |  |  | (0.14 | )
Net income per share |  | $ | 0.41 |  |  | $ | 0.58 |  |  | $ | 0.49 |  |  | $ | 0.03 |
Weighted average shares—diluted |  | 45,186,114 |  |  | 45,230,862 |  |  | 45,276,199 |  |  | 45,384,460 |

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration