XML 44 R29.htm IDEA: XBRL DOCUMENT v3.25.2

BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following tables present segment revenue, segment profit (loss), and significant expenses for the three months ended June 30, 2025 and 2024:

			Three Months Ended June 30, 2025
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	148,367					$	24,596					$	172,963
Reconciliation of revenue:
Add back freight															6,153
Sales as shown in the consolidated statements of income (loss)															$	179,116
Less:
Variable costs			$	116,059					$	11,688					$	127,747
Manufacturing fixed costs1			11,760						3,243						15,003
Selling, general and administrative costs1			10,129						2,867						12,996
Other2			1,136						87						1,223
EBITDA from ongoing operations			$	9,283					$	6,711					$	15,994
Reconciliation of profit (loss):
Depreciation and amortization															5,323
Plant shutdowns, asset impairments, restructurings and other															56
Interest income															6
Interest expense															1,785
Corporate expenses, net3															6,024
Income (loss) from continuing operations before income tax															2,812
Income tax expense (benefit)															984
Net income (loss) from continuing operations															1,828
Income (loss) from discontinued operations, net of tax															(97)
Net income (loss)															$	1,731
1. Excludes related depreciation and amortization. 2. Includes segment allocated employee compensation benefit expenses. 3. Includes corporate depreciation and amortization.

			Three Months Ended June 30, 2024
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	119,413					$	29,197					$	148,610
Reconciliation of revenue:
Add back freight															5,330
Sales as shown in the consolidated statements of income (loss)															$	153,940
Less:
Variable costs			$	87,825					$	13,183					$	101,008
Manufacturing fixed costs1			9,881						3,115						12,996
Selling, general and administrative costs1			8,972						2,791						11,763
Other2			(172)						(25)						(197)
EBITDA from ongoing operations			$	12,907					$	10,133					$	23,040
Reconciliation of profit (loss):
Depreciation and amortization															5,763
Plant shutdowns, asset impairments, restructurings and other															1,729
Interest income															5
Interest expense															1,139
Gain on investment in kaleo, Inc.															144
Corporate expenses, net3															5,426
Income (loss) from continuing operations before income tax															9,132
Income tax expense (benefit)															(38)
Net income (loss) from continuing operations															9,170
Income (loss) from discontinued operations, net of tax															(378)
Net income (loss)															$	8,792
1. Excludes related depreciation and amortization. 2. Includes segment allocated employee compensation benefit expenses. 3. Includes corporate depreciation and amortization.

The following tables present segment revenue, segment profit (loss), and significant expenses for the six months ended June 30, 2025 and 2024:

			Six Months Ended June 30, 2025
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	281,999					$	50,134					$	332,133
Reconciliation of revenue:
Add back freight															11,720
Sales as shown in the consolidated statements of income (loss)															$	343,853
Less:
Variable costs			$	219,582					$	23,664					$	243,246
Manufacturing fixed costs1			22,973						6,702						29,675
Selling, general and administrative costs1			19,541						5,459						25,000
Other2			1,462						76						1,538
EBITDA from ongoing operations			$	18,441					$	14,233					$	32,674
Reconciliation of profit (loss):
Depreciation and amortization															10,799
Plant shutdowns, asset impairments, restructurings and other															1,224
Interest income															11
Interest expense															2,798
Corporate expenses, net3															13,804
Income (loss) from continuing operations before income tax															4,060
Income tax expense (benefit)															1,560
Net income (loss) from continuing operations															2,500
Income (loss) from discontinued operations, net of tax															9,332
Net income (loss)															$	11,832
1. Excludes related depreciation and amortization. 2. Includes segment allocated employee compensation benefit expenses. 3. Includes corporate depreciation and amortization.

			Six Months Ended June 30, 2024
(In thousands)			Aluminum Extrusions						PE Films						Total
Net Sales			$	233,636					$	53,932					$	287,568
Reconciliation of revenue:
Add back freight															10,344
Sales as shown in the consolidated statements of income (loss)															$	297,912
Less:
Variable costs			$	172,610					$	25,228					$	197,838
Manufacturing fixed costs1			19,507						6,336						25,843
Selling, general and administrative costs1			15,770						5,307						21,077
Other2			302						24						326
EBITDA from ongoing operations			$	25,447					$	17,037					$	42,484
Reconciliation of profit (loss):
Depreciation and amortization															11,633
Plant shutdowns, asset impairments, restructurings and other															3,400
Interest income															25
Interest expense															2,323
Gain on investment in kaleo, Inc.															144
Corporate expenses, net3															11,177
Income (loss) from continuing operations before income tax															14,120
Income tax expense (benefit)															2,346
Net income (loss) from continuing operations															11,774
Income (loss) from discontinued operations, net of tax															306
Net income (loss)															$	12,080
1. Excludes related depreciation and amortization. 2. Includes segment allocated employee compensation benefit expenses. 3. Includes corporate depreciation and amortization.

Schedule of Identifiable Assets

The following table presents identifiable assets by segment at June 30, 2025 and December 31, 2024:

(In thousands)			June 30, 2025						December 31, 2024
Aluminum Extrusions			$	266,886					$	247,205
PE Films			54,905						55,081
Subtotal			321,791						302,286
General corporate			39,999						46,883
Cash and cash equivalents			9,795						7,062
Discontinued operations			—						126
Total			$	371,585					$	356,357

Schedule of Depreciation and Amortization, Capital Expenditures

The following table presents depreciation and amortization for the three and six months ended June 30, 2025 and 2024:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
Aluminum Extrusions			$	4,093					$	4,446					$	8,319					$	8,988
PE Films			1,230						1,317						2,480						2,645
Subtotal			5,323						5,763						10,799						11,633
General corporate			49						94						98						189
Discontinued operations			—						732						—						1,483
Total			$	5,372					$	6,589					$	10,897					$	13,305

The following table presents capital expenditures for the three and six months ended June 30, 2025 and 2024:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
Aluminum Extrusions			$	2,386					$	1,463					$	4,757					$	3,012
PE Films			295						216						882						610
Subtotal			2,681						1,679						5,639						3,622
Discontinued operations			—						642						—						1,160
Total			$	2,681					$	2,321					$	5,639					$	4,782

Schedule of Net Sales by Geographic Area

The following tables disaggregate the Company’s revenue by geographic area and product group for the three and six months ended June 30, 2025 and 2024:

Net Sales by Geographic Area (a)
			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
United States			$	158,293					$	131,856					$	302,648					$	256,837
Exports from the United States to:
Asia			10,336						13,844						21,172						22,659
Latin America			1,011						1,348						2,590						2,659
Canada			2,997						1,458						5,170						5,122
Europe			30						—						37						25
Operations outside the United States:
Asia			296						104						516						266
Total			$	172,963					$	148,610					$	332,133					$	287,568
(a) Export sales relate mostly to PE Films.

Schedule of Net Sales by Product Group

Net Sales by Product Group
			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
Aluminum Extrusions:
Nonresidential building & construction			$	81,625					$	69,388					$	149,223					$	137,616
Consumer durables			12,751						8,559						24,418						16,230
Automotive			11,069						9,715						22,067						19,904
Residential building & construction			10,025						9,481						19,023						17,072
Electrical			12,522						6,927						27,863						12,534
Machinery & equipment			15,998						12,154						31,281						23,870
Distribution			4,377						3,189						8,124						6,410
Subtotal			148,367						119,413						281,999						233,636
PE Films:
Surface protection films			16,741						21,713						35,512						38,725
Overwrap packaging			7,855						7,484						14,622						15,207
Subtotal			24,596						29,197						50,134						53,932
Total			$	172,963					$	148,610					$	332,133					$	287,568

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