Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Reporting Disclosure [Text Block]

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. For purposes of this Note, the Company defines operating net assets as total assets less current liabilities. See below for more information regarding the types of products and services provided within each reportable segment:

Packaging-Steel and plastic closure caps, drum enclosures, rings and levers and dispensing systems for industrial and consumer markets.

Energy-Metallic and non-metallic industrial sealant products and bolts and fasteners for the petroleum refining, petrochemical and other industrial markets.

Aerospace & Defense-Highly engineered specialty fasteners and screws for the commercial and military aerospace industries and military munitions components for the defense industry.

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 Asia Pacific & Cequent North America-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:

	Year ended December 31,
	2011			2010			2009
	(dollars in thousands)
Net Sales
Packaging	$	185,240		$	171,170		$	145,060
Energy	166,780			129,100			111,520
Aerospace & Defense	78,590			73,930			74,420
Engineered Components	175,350			113,000			73,100
Cequent Asia Pacific	94,290			75,990			63,930
Cequent North America	383,710			339,270			309,020
Total	$	1,083,960		$	902,460		$	777,050
Operating Profit (Loss)
Packaging	$	48,060		$	48,710		$	33,050
Energy	19,740			14,700			11,140
Aerospace & Defense	18,640			18,090			21,770
Engineered Components	27,620			12,660			4,190
Cequent Asia Pacific	13,900			12,050			7,990
Cequent North America	32,730			27,840			(3,160		)
Corporate expenses	(29,370		)	(24,710		)	(25,480		)
Total	$	131,320		$	109,340		$	49,500
Capital Expenditures
Packaging	$	5,420		$	5,200		$	4,190
Energy	3,710			3,660			1,270
Aerospace & Defense	2,410			1,850			1,550
Engineered Components	5,490			2,780			920
Cequent Asia Pacific	8,780			3,530			750
Cequent North America	2,400			3,100			2,530
Corporate	170			230			80
Total	$	28,380		$	20,350		$	11,290

	Year ended December 31,
	2011		2010		2009
	(dollars in thousands)
Depreciation and Amortization
Packaging	$	13,200	$	12,640	$	13,330
Energy	2,790		1,960		1,860
Aerospace & Defense	2,580		2,330		2,260
Engineered Components	3,540		2,710		2,200
Cequent Asia Pacific	3,860		2,820		2,590
Cequent North America	12,170		13,110		17,140
Corporate	150		120		110
Total	$	38,290	$	35,690	$	39,490
Operating Net Assets
Packaging	$	310,520	$	264,870	$	259,890
Energy	116,980		104,270		74,260
Aerospace & Defense	71,280		71,300		71,760
Engineered Components	63,420		52,590		41,960
Cequent Asia Pacific	42,010		32,570		18,030
Cequent North America	126,680		141,910		151,390
Corporate	31,290		19,130		5,410
Subtotal from continuing operations	762,180		686,640		622,700
Discontinued operations	—		24,650		27,230
Total operating net assets	762,180		711,290		649,930
Current liabilities	224,360		214,430		175,850
Consolidated assets	$	986,540	$	925,720	$	825,780

The following table presents the Company's revenues for each of the years ended December 31 and operating net assets at each year ended December 31, attributed to each subsidiary's continent of domicile. Other than Australia, there was no single non-U.S. country for which net sales and net assets were material to the combined net sales and net assets of the Company taken as a whole.

	As of December 31,
	2011				2010				2009
	Net Sales		Operating Net Assets(a)		Net Sales		Operating Net Assets(a)		Net Sales		Operating Net Assets(a)
	(dollars in thousands)
Non-U.S.
Europe	$	68,820	$	113,950	$	61,990	$	68,470	$	53,270	$	64,240
Australia	88,640		30,870		75,730		27,320		63,500		24,380
Asia	9,500		30,630		3,740		26,450		3,200		23,000
Africa	950		2,990		—		—		—		—
Other North America	29,600		38,660		24,150		29,620		22,460		18,830
Total non-U.S	197,510		217,100		165,610		151,860		142,430		130,450
Total U.S.	886,450		545,080		736,850		534,780		634,620		492,250
Total from continuing operations	$	1,083,960	$	762,180	$	902,460	$	686,640	$	777,050	$	622,700

___________________________

^(a)  Excludes discontinued operations. See Note 5, "Discontinued Operations and Assets Held for Sale."

The Company's export sales from the U.S. approximated $132.5 million, $89.5 million and $71.8 million in 2011, 2010 and 2009, respectively.