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Segment Information
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Segment Information
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. See below for more information regarding the types of products and services provided within each reportable segment:
Packaging-Highly engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial and consumer packaging applications.
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:
 
 
Three months ended
June 30,
 
Six months ended
June 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(dollars in thousands)
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
70,700

 
$
47,900

 
$
125,010

 
$
91,800

Energy
 
47,170

 
42,170

 
97,760

 
83,120

Aerospace & Defense
 
19,330

 
21,330

 
37,190

 
39,830

Engineered Components
 
52,620

 
43,860

 
102,300

 
80,860

Cequent Asia Pacific
 
28,550

 
21,560

 
56,750

 
41,370

Cequent North America
 
120,060

 
111,270

 
216,990

 
209,670

Total
 
$
338,430

 
$
288,090

 
$
636,000

 
$
546,650

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
16,570

 
$
15,070

 
$
26,460

 
$
26,900

Energy
 
4,350

 
5,020

 
10,740

 
10,360

Aerospace & Defense
 
4,820

 
4,860

 
9,680

 
8,580

Engineered Components
 
8,600

 
6,620

 
16,310

 
11,280

Cequent Asia Pacific
 
2,010

 
1,940

 
5,050

 
4,470

Cequent North America
 
15,500

 
14,380

 
19,660

 
21,050

Corporate expenses
 
(8,650
)
 
(7,110
)
 
(15,960
)
 
(13,510
)
Total
 
$
43,200

 
$
40,780

 
$
71,940

 
$
69,130