XML 64 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1

Business Segments (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

Information by business segment and geographic area for the last three years is provided in the segment tables below. There were no accounting transactions between segments.

Segment Revenue, Segment Profit (Loss), and Significant Expenses
			2024
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	471,815					$	105,199					$	577,014
Reconciliation of revenue:
Add back freight															21,011
Sales as shown in the consolidated statements of income (loss)															$	598,025
Less:
Variable costs			354,397						50,289						404,686
LIFO inventory adjustment			1,234						(174)						1,060
Manufacturing fixed costs (e)			40,123						13,248						53,371
Selling, general and administrative costs (e)			33,638						11,245						44,883
Other (f)			1,066						105						1,171
EBITDA from ongoing operations			$	41,357					$	30,486					$	71,843
Reconciliation of profit (loss):
Depreciation and amortization															22,922
Plant shutdowns, asset impairments, restructurings and other (a)															5,766
Goodwill impairment															13,271
Interest income															36
Interest expense															4,664
Gain on investment in kaleo, inc.															144
Corporate expenses, net (d)															24,520
Income (loss) from continuing operations before income tax															880
Income tax expense (benefit)															(165)
Net income (loss) from continuing operations															1,045
Income (loss) from discontinued operations, net of tax															(65,610)
Net income (loss)															$	(64,565)

Refer to Notes to Financial Tables that follow these tables.

Segment Revenue, Segment Profit (Loss), and Significant Expenses
			2023
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	474,803					$	76,763					$	551,566
Reconciliation of revenue:
Add back freight															21,757
Sales as shown in the consolidated statements of income (loss)															$	573,323
Less:
Variable costs			365,320						40,824						406,144
LIFO inventory adjustment			(944)						(1,333)						(2,277)
Manufacturing fixed costs (e)			41,028						13,793						54,821
Selling, general and administrative costs (e)			29,725						12,106						41,831
Other (f)			1,698						156						1,854
EBITDA from ongoing operations			$	37,976					$	11,217					$	49,193
Reconciliation of profit (loss):
Depreciation and amortization															24,449
Plant shutdowns, asset impairments, restructurings and other (a)															8,529
Goodwill impairment															34,891
Interest income															514
Interest expense															6,316
Gain on investment in kaleo, inc.															262
Stock option-based compensation expense															231
Pension settlement loss															92,291
Corporate expenses, net (d)															33,727
Income (loss) from continuing operations before income tax															(150,465)
Income tax expense (benefit)															(51,300)
Net income (loss) from continuing operations															(99,165)
Income (loss) from discontinued operations, net of tax															(6,740)
Net income (loss)															$	(105,905)

Refer to Notes to Financial Tables that follow these tables.

Segment Revenue, Segment Profit (Loss), and Significant Expenses
			2022
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	637,872					$	97,571					$	735,443
Reconciliation of revenue:
Add back freight															26,542
Sales as shown in the consolidated statements of income (loss)															$	761,985
Less:
Variable costs			503,374						56,085						559,459
LIFO inventory adjustment			(5,402)						521						(4,881)
Manufacturing fixed costs (e)			43,073						15,216						58,289
Selling, general and administrative costs (e)			31,641						14,116						45,757
Other (f)			(1,614)						(316)						(1,930)
EBITDA from ongoing operations			$	66,800					$	11,949					$	78,749
Reconciliation of profit (loss):
Depreciation and amortization															23,694
Plant shutdowns, asset impairments, restructurings and other (a)															956
Interest income															16
Interest expense															4,141
Gain on investment in kaleo, inc.															1,406
Stock option-based compensation expense															1,414
Corporate expenses, net (d)															40,402
Income (loss) from continuing operations before income tax															9,564
Income tax expense (benefit)															(3,021)
Net income (loss) from continuing operations															12,585
Income (loss) from discontinued operations, net of tax															15,870
Net income (loss)															$	28,455

Schedule Of Identifiable Assets

Identifiable Assets
(In thousands)			2024						2023
Aluminum Extrusions			$	247,205					$	255,756
PE Films			55,081						56,536
Subtotal			302,286						312,292
General corporate			46,883						36,652
Cash, cash equivalents and restricted cash (b)			7,062						13,051
Discontinued operations			126						84,466
Total			$	356,357					$	446,461

Schedule Of Depreciation And Amortization, Capital Expenditures

			Depreciation and Amortization																		Capital Expenditures
(In thousands)			2024						2023						2022						2024						2023						2022
Aluminum Extrusions			$	17,722					$	17,927					$	17,414					$	10,097					$	20,339					$	23,664
PE Films			5,200						6,522						6,280						1,761						1,772						3,289
Subtotal			22,922						24,449						23,694						11,858						22,111						26,953
General corporate (d)			302						369						264						—						12						1,771
Discontinued operations			2,313						2,865						2,444						2,489						4,323						8,151
Total			$	25,537					$	27,683					$	26,402					$	14,347					$	26,446					$	36,875

Schedule Of Net Sales By Geographic Area

Net Sales by Geographic Area (c)
(In thousands)			2024						2023						2022
United States			$	514,743					$	506,475					$	675,528
Exports from the United States to:
Asia			46,724						26,217						41,841
Canada			9,541						12,121						10,477
Europe			97						9						1,384
Latin America			5,068						6,192						5,587
Operations outside the United States:
Asia			841						552						626
Total			$	577,014					$	551,566					$	735,443

Schedule Of Identifiable Assets By Geographic Area, Property, Plant & Equipment, Net By Geographic Area

			Identifiable Assets by Geographic Area (c)												Property, Plant & Equipment, Net by Geographic Area (c)
(In thousands)			2024						2023						2024						2023
United States			$	294,303					$	302,037					$	127,992					$	139,552
Operations outside the United States:
China			7,983						10,255						7,217						9,361
General corporate			46,883						36,652						1,823						2,244
Cash, cash equivalents and restricted cash (b)			7,062						13,051						n/a						n/a
Discontinued operations			126						84,466						—						32,298
Total			$	356,357					$	446,461					$	137,032					$	183,455

Schedule Of Net Sales By Product Group

Net Sales by Product Group
(In thousands)			2024						2023						2022
Aluminum Extrusions:
Nonresidential building & construction			$	265,496					$	273,648					$	350,377
Consumer durables			31,911						37,257						60,252
Automotive			39,283						46,014						49,330
Machinery & equipment			51,149						41,908						57,795
Distribution			11,750						13,719						28,533
Residential building & construction			36,303						36,774						61,815
Electrical			35,923						25,483						29,770
Subtotal			471,815						474,803						637,872
PE Films:
Surface protection films			75,909						47,463						68,140
Packaging			29,290						29,300						29,431
Subtotal			105,199						76,763						97,571
Total			$	577,014					$	551,566					$	735,443

(a)See Note 1 for more information on losses associated with plant shutdowns, asset impairments and restructurings and other items.

(b)Cash, cash equivalents and restricted cash includes funds held in locations outside the U.S. of $1.6 million and $0.8 million at December 31, 2024 and 2023, respectively.

(c)Export sales relate primarily to PE Films.

(d)Corporate depreciation and amortization are included in corporate expenses, net, on the Segment Revenue, Segment Profit (Loss), and Significant Expenses tables above.

(e)Excludes related depreciation and amortization.

(f)Other expenses

X

- Definition

Schedule Of Identifiable Assets, Property, Plant & Equipment By Geographic Area [Table Text Block]

+ References

No definition available.

+ Details

Name:	tg_ScheduleOfIdentifiableAssetsPropertyPlantEquipmentByGeographicAreaTableTextBlock
Namespace Prefix:	tg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Segment Depreciation And Amortization Capital Expenditures [Table Text Block]

+ References

No definition available.

+ Details

Name:	tg_ScheduleOfSegmentDepreciationAndAmortizationCapitalExpendituresTableTextBlock
Namespace Prefix:	tg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration