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Segment Information
6 Months Ended
Jun. 30, 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 (dollars in thousands):
 
 
Three months ended
June 30,
 
Six months ended
June 30,
 
 
2016
 
2015
 
2016
 
2015
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
88,110

 
$
89,580

 
$
168,220

 
$
168,540

Aerospace
 
44,090

 
43,220

 
84,590

 
88,960

Energy
 
39,950

 
50,150

 
84,700

 
101,310

Engineered Components
 
31,170

 
41,950

 
68,690

 
90,220

Total
 
$
203,320

 
$
224,900

 
$
406,200

 
$
449,030

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
21,410

 
$
20,710

 
$
39,250

 
$
38,220

Aerospace
 
3,550

 
7,220

 
7,010

 
15,300

Energy
 
(3,090
)
 
(7,170
)
 
(6,700
)
 
(6,830
)
Engineered Components
 
3,860

 
6,220

 
9,440

 
12,190

Corporate expenses
 
(7,070
)
 
(7,770
)
 
(13,890
)
 
(16,650
)
Total
 
$
18,660

 
$
19,210

 
$
35,110

 
$
42,230