XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Income Statement (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 378,030 $ 338,430 $ 715,810 $ 636,000
Cost of sales (274,720) (242,540) (529,100) (461,200)
Gross profit 103,310 95,890 186,710 174,800
Selling, general and administrative expenses (61,670) (52,710) (121,320) (103,180)
Net gain (loss) on dispositions of property and equipment 0 20 (10) 320
Operating profit 41,640 43,200 65,380 71,940
Other expense, net:        
Interest expense (5,540) (10,300) (10,750) (20,970)
Debt extinguishment costs 0 (6,560) 0 (6,560)
Other income (expense), net 300 (910) (1,930) (2,550)
Other expense, net (5,240) (17,770) (12,680) (30,080)
Income from continuing operations before income tax expense 36,400 25,430 52,700 41,860
Income tax expense (9,300) (8,260) (11,560) (12,440)
Income from continuing operations 27,100 17,170 41,140 29,420
Income from discontinued operations, net of income taxes 700 0 700 0
Net Income 27,800 17,170 41,840 29,420
Net income attributable to redeemable noncontrolling interests 910 510 1,770 270
Net income attributable to TriMas Corporation $ 26,890 $ 16,660 $ 40,070 $ 29,150
Basic earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.66 $ 0.45 $ 1.00 $ 0.81
Discontinued operations $ 0.02 $ 0.00 $ 0.02 $ 0.00
Net income per share $ 0.68 $ 0.45 $ 1.02 $ 0.81
Weighted average common shares—basic 39,425,471 37,345,026 39,330,125 35,968,646
Diluted earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.65 $ 0.44 $ 0.99 $ 0.80
Discontinued operations $ 0.02 $ 0.00 $ 0.02 $ 0.00
Net income per share $ 0.67 $ 0.44 $ 1.01 $ 0.80
Weighted average common shares—diluted 39,886,593 37,694,221 39,790,349 36,421,387