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Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 224,900 $ 224,710 $ 449,030 $ 441,540
Cost of sales (163,180) (161,950) (324,390) (318,340)
Gross profit 61,720 62,760 124,640 123,200
Selling, general and administrative expenses (42,510) (37,390) (82,410) (73,720)
Operating profit 19,210 25,370 42,230 49,480
Other expense, net:        
Interest expense (3,720) (2,120) (7,170) (4,230)
Debt financing and extinguishment costs (1,970) 0 (1,970) 0
Other expense, net (290) (1,380) (1,610) (1,720)
Other expense, net (5,980) (3,500) (10,750) (5,950)
Income from continuing operations before income tax expense 13,230 21,870 31,480 43,530
Income tax expense (4,740) (7,430) (11,050) (15,400)
Income from continuing operations 8,490 14,440 20,430 28,130
Income (loss) from discontinued operations, net of tax (6,780) 11,760 (4,740) 17,450
Net Income 1,710 26,200 15,690 45,580
Net income attributable to redeemable noncontrolling interests 0 0 0 810
Net income attributable to TriMas Corporation $ 1,710 $ 26,200 $ 15,690 $ 44,770
Basic earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.19 $ 0.32 $ 0.45 $ 0.61
Discontinued operations (0.15) 0.26 (0.10) 0.39
Net income per share $ 0.04 $ 0.58 $ 0.35 $ 1.00
Weighted average common shares—basic 45,150,827 44,901,090 45,074,394 44,834,842
Diluted earnings per share attributable to TriMas Corporation:        
Continuing operations $ 0.19 $ 0.32 $ 0.45 $ 0.60
Discontinued operations (0.15) 0.26 (0.10) 0.39
Net income per share $ 0.04 $ 0.58 $ 0.35 $ 0.99
Weighted average common shares—diluted 45,418,907 45,230,862 45,409,875 45,208,488