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Summary Quarterly Financial Data
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Summary Quarterly Financial Data
Summary Quarterly Financial Data
 
 
As of December 31, 2012
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
(unaudited, dollars in thousands, except for per share data)
Net sales
 
$
297,570

 
$
338,430

 
$
335,870

 
$
301,040

Gross profit
 
78,910

 
95,890

 
90,140

 
78,820

Net income (loss)
 
12,250

 
17,170

 
19,960

 
(13,090
)
Less: Net income (loss) attributable to noncontrolling interests
 
(240
)
 
510

 
1,290

 
850

Net income (loss) attributable to TriMas Corporation
 
$
12,490

 
$
16,660

 
$
18,670

 
$
(13,940
)
Earnings per share attributable to TriMas Corporation—basic:
 
 
 
 
 
 
 
 
Net income (loss) per share
 
$
0.36

 
$
0.45

 
$
0.48

 
$
(0.36
)
Weighted average shares—basic
 
34,592,267

 
37,345,026

 
39,045,282

 
39,101,163

Earnings per share attributable to TriMas Corporation—diluted:
 
 
 
 
 
 
 
 
Net income (loss) per share
 
$
0.36

 
$
0.44

 
$
0.47

 
$
(0.35
)
Weighted average shares—diluted
 
35,027,899

 
37,694,221

 
39,508,503

 
39,680,565

 
 
As of December 31, 2011
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
(unaudited, dollars in thousands, except for per share data)
Net sales
 
$
258,560

 
$
288,090

 
$
277,660

 
$
259,650

Gross profit
 
71,820

 
88,290

 
81,940

 
75,650

Income from continuing operations
 
10,690

 
16,010

 
16,980

 
7,130

Income from discontinued operations, net of income taxes
 
1,060

 
1,080

 
1,290

 
6,120

Net income
 
11,750

 
17,090

 
18,270

 
13,250

Earnings per share—basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.32

 
$
0.47

 
$
0.49

 
$
0.21

Discontinued operations
 
0.03

 
0.03

 
0.04

 
0.18

Net income per share
 
$
0.35

 
$
0.50

 
$
0.53

 
$
0.39

Weighted average shares—basic
 
33,913,610

 
34,215,734

 
34,417,879

 
34,437,097

Earnings per share—diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.31

 
$
0.46

 
$
0.49

 
$
0.20

Discontinued operations
 
0.03

 
0.03

 
0.03

 
0.18

Net income per share
 
$
0.34

 
$
0.49

 
$
0.52

 
$
0.38

Weighted average shares—diluted
 
34,599,076

 
34,769,576

 
34,901,277

 
34,961,772