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Segment Information
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
TriMas groups its operating segments into reportable segments that provide similar products and services. Each operating segment has discrete financial information evaluated regularly by the Company's chief operating decision maker in determining resource allocation and assessing performance. Within these reportable segments, there are no individual products or product families for which reported net sales accounted for more than 10% of the Company's consolidated net sales. See below for more information regarding the types of products and services provided within each reportable segment:
Packaging – Highly engineered closure and dispensing systems for a range of end markets, using steel and plastic industrial and consumer packaging applications.
Aerospace – Permanent blind bolts, temporary fasteners, highly engineered specialty fasteners and other precision machined parts used in the commercial, business and military aerospace industries.
Energy – Metallic and non-metallic industrial sealant products and fasteners for the petroleum refining, petrochemical and other industrial markets.
Engineered Components – High-pressure and low-pressure cylinders for the transportation, storage and dispensing of compressed gases, and natural gas engines, compressors, gas production equipment and chemical pumps engineered for use at well sites for the oil and gas industry.
Segment activity is as follows:
 
 
Three months ended
March 31,
 
 
2016
 
2015
 
 
(dollars in thousands)
Net Sales
 
 
 
 
Packaging
 
$
80,110

 
$
78,960

Aerospace
 
40,500

 
45,740

Energy
 
44,750

 
51,160

Engineered Components
 
37,520

 
48,270

Total
 
$
202,880

 
$
224,130

Operating Profit (Loss)
 
 
 
 
Packaging
 
$
17,840

 
$
17,510

Aerospace
 
3,460

 
8,080

Energy
 
(3,610
)
 
340

Engineered Components
 
5,580

 
5,970

Corporate expenses
 
(6,820
)
 
(8,880
)
Total
 
$
16,450

 
$
23,020