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Summary Quarterly Financial Data
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Summary Quarterly Financial Data
Summary Quarterly Financial Data
 
 
As of December 31, 2013
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
(unaudited, dollars in thousands, except for per share data)
Net sales
 
$
337,780

 
$
378,030

 
$
355,620

 
$
323,430

Gross profit
 
83,400

 
103,310

 
94,150

 
72,540

Income from continuing operations
 
14,040

 
27,100

 
29,950

 
8,280

Income from discontinued operations, net of income taxes
 

 
700

 

 

Net income
 
14,040

 
27,800

 
29,950

 
8,280

Less: Net income attributable to noncontrolling interests
 
860

 
910

 
1,320

 
1,430

Net income attributable to TriMas Corporation
 
13,180

 
26,890

 
28,630

 
6,850

Earnings per share attributable to TriMas Corporation—basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.34

 
$
0.66

 
$
0.71

 
$
0.15

Discontinued operations
 

 
0.02

 

 

Net income per share
 
$
0.34

 
$
0.68

 
$
0.71

 
$
0.15

Weighted average shares—basic
 
39,234,780

 
39,425,471

 
40,345,828

 
44,698,948

Earnings per share attributable to TriMas Corporation—diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.33

 
$
0.65

 
$
0.70

 
$
0.15

Discontinued operations
 

 
0.02

 

 

Net income per share
 
$
0.33

 
$
0.67

 
$
0.70

 
$
0.15

Weighted average shares—diluted
 
39,790,524

 
39,886,593

 
40,746,503

 
45,159,205

 
 
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