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Consolidated Statement of Income Statement (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 403,980 $ 378,030 $ 771,720 $ 715,810
Cost of sales (294,220) (274,720) (565,380) (529,100)
Gross profit 109,760 103,310 206,340 186,710
Selling, general and administrative expenses (65,720) (61,670) (129,710) (121,330)
Operating profit 44,040 41,640 76,630 65,380
Other expense, net:        
Interest expense (3,440) (5,540) (6,910) (10,750)
Other expense, net (1,910) 300 (2,930) (1,930)
Other expense, net (5,350) (5,240) (9,840) (12,680)
Income before income tax expense 38,690 36,400 66,790 52,700
Income tax expense (12,490) (9,300) (21,210) (11,560)
Income from continuing operations 26,200 27,100 45,580 41,140
Income from discontinued operations, net of income taxes 0 700 0 700
Net Income 26,200 27,800 45,580 41,840
Net income attributable to redeemable noncontrolling interests 0 910 810 1,770
Net income attributable to TriMas Corporation $ 26,200 $ 26,890 $ 44,770 $ 40,070
Basic earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.58 $ 0.66 $ 1.00 $ 1.00
Discontinued operations $ 0.00 $ 0.02 $ 0.00 $ 0.02
Net income per share $ 0.58 $ 0.68 $ 1.00 $ 1.02
Weighted average common shares—basic 44,901,090 39,425,471 44,834,842 39,330,125
Diluted earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.58 $ 0.65 $ 0.99 $ 0.99
Discontinued operations $ 0.00 $ 0.02 $ 0.00 $ 0.02
Net income per share $ 0.58 $ 0.67 $ 0.99 $ 1.01
Weighted average common shares—diluted 45,230,862 39,886,593 45,208,488 39,790,349