XML 40 R26.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information TriMas reports four segments: Packaging, Aerospace, Energy and Engineered Components. Each of these segments has discrete financial information that is regularly evaluated by TriMas’ president and chief executive officer (chief operating decision maker) in determining resource, personnel and capital allocation, as well as assessing strategy and performance. The Company utilizes its proprietary TriMas Business Model as a standardized set of processes to manage and drive results and strategy across its multi-industry businesses. Within the Company's 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 steel and polymeric closure and dispensing systems for a range of end markets, including health, beauty and home care; industrial; and food and beverage. Aerospace - Blind bolts, highly engineered specialty fasteners, temporary fasteners and other precision machined parts used in the commercial, business and military aerospace industries. Energy - Metallic and non-metallic industrial sealant products and fasteners for the petroleum refining and petrochemical markets. Engineered Components - High-pressure and low-pressure steel 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. Segment activity is as follows (dollars in thousands):
|  | Year ended December 31,
|  | 2017 |  | 2016 |  | 2015
Net Sales |  |  |  |  |  |
Packaging |  | $ | 344,570 |  |  | $ | 341,340 |  |  | $ | 334,270 |
Aerospace |  | 184,310 |  |  | 174,920 |  |  | 176,480 |
Energy |  | 161,580 |  |  | 158,990 |  |  | 193,390 |
Engineered Components |  | 127,280 |  |  | 118,770 |  |  | 159,840 |
Total |  | $ | 817,740 |  |  | $ | 794,020 |  |  | $ | 863,980 |
Operating Profit (Loss) |  |  |  |  |  |
Packaging |  | $ | 80,380 |  |  | $ | 77,840 |  |  | $ | 78,470 |
Aerospace |  | 26,190 |  |  | (90,810 | ) |  | 28,320 |
Energy |  | (5,410 | ) |  | (13,840 | ) |  | (97,160 | )
Engineered Components |  | 15,740 |  |  | 15,300 |  |  | 18,240 |
Corporate |  | (28,410 | ) |  | (32,490 | ) |  | (32,120 | )
Total |  | $ | 88,490 |  |  | $ | (44,000 | ) |  | $ | (4,250 | )
Capital Expenditures |  |  |  |  |  |
Packaging |  | $ | 17,140 |  |  | $ | 19,880 |  |  | $ | 13,670 |
Aerospace |  | 3,370 |  |  | 3,950 |  |  | 5,010 |
Energy |  | 3,090 |  |  | 2,800 |  |  | 7,610 |
Engineered Components |  | 3,740 |  |  | 4,670 |  |  | 2,320 |
Corporate |  | 9,460 |  |  | 30 |  |  | 50 |
Total |  | $ | 36,800 |  |  | $ | 31,330 |  |  | $ | 28,660 |
Depreciation and Amortization |  |  |  |  |  |
Packaging |  | $ | 21,630 |  |  | $ | 22,120 |  |  | $ | 20,920 |
Aerospace |  | 14,530 |  |  | 14,090 |  |  | 13,290 |
Energy |  | 6,550 |  |  | 4,280 |  |  | 4,790 |
Engineered Components |  | 3,980 |  |  | 4,090 |  |  | 4,200 |
Corporate |  | 180 |  |  | 280 |  |  | 340 |
Total |  | $ | 46,870 |  |  | $ | 44,860 |  |  | $ | 43,540 |
Total Assets |  |  |  |  |  |
Packaging |  | $ | 431,680 |  |  | $ | 423,460 |  |  | $ | 418,810 |
Aerospace |  | 401,060 |  |  | 409,040 |  |  | 517,820 |
Energy |  | 96,320 |  |  | 100,590 |  |  | 128,170 |
Engineered Components |  | 76,520 |  |  | 78,570 |  |  | 88,320 |
Corporate |  | 27,620 |  |  | 39,990 |  |  | 17,180 |
Total |  | $ | 1,033,200 |  |  | $ | 1,051,650 |  |  | $ | 1,170,300 |
The following table presents the Company's net sales for each of the years ended December 31 and long-lived assets at each year ended December 31, attributed to each subsidiary's continent of domicile (dollars in thousands).
|  | As of December 31,
|  | 2017 |  | 2016 |  | 2015
|  | Net Sales |  | Long-lived Assets |  | Net Sales |  | Long-lived Assets |  | Net Sales |  | Long-lived Assets
Non-U.S. |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 62,360 |  |  | $ | 54,790 |  |  | $ | 65,490 |  |  | $ | 45,050 |  |  | $ | 70,760 |  |  | $ | 50,930 |
Asia Pacific |  | 36,630 |  |  | 51,120 |  |  | 32,230 |  |  | 51,060 |  |  | 30,280 |  |  | 49,830 |
Other Americas |  | 15,260 |  |  | 7,930 |  |  | 13,620 |  |  | 7,800 |  |  | 17,000 |  |  | 5,840 |
Total non-U.S. |  | 114,250 |  |  | 113,840 |  |  | 111,340 |  |  | 103,910 |  |  | 118,040 |  |  | 106,600 |
Total U.S. |  | 703,490 |  |  | 590,020 |  |  | 682,680 |  |  | 604,250 |  |  | 745,940 |  |  | 727,320 |
Total |  | $ | 817,740 |  |  | $ | 703,860 |  |  | $ | 794,020 |  |  | $ | 708,160 |  |  | $ | 863,980 |  |  | $ | 833,920 |
The Company's export sales from the U.S. approximated $79.8 million, $76.2 million and $82.7 million in 2017, 2016 and 2015, respectively.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration