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Segment Information
9 Months Ended
Sep. 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 within 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
September 30,
 
Nine months ended
September 30,
 
 
2016
 
2015
 
2016
 
2015
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
90,330

 
$
87,930

 
$
258,550

 
$
256,470

Aerospace
 
47,430

 
45,380

 
132,020

 
134,340

Energy
 
38,230

 
51,600

 
122,930

 
152,910

Engineered Components
 
26,300

 
37,280

 
94,990

 
127,500

Total
 
$
202,290

 
$
222,190

 
$
608,490

 
$
671,220

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
20,090

 
$
21,870

 
$
59,340

 
$
60,090

Aerospace
 
6,660

 
7,110

 
13,670

 
22,410

Energy
 
(1,870
)
 
(3,560
)
 
(8,570
)
 
(10,390
)
Engineered Components
 
3,180

 
4,380

 
12,620

 
16,570

Corporate expenses
 
(10,270
)
 
(8,240
)
 
(24,160
)
 
(24,890
)
Total
 
$
17,790

 
$
21,560

 
$
52,900

 
$
63,790