Segment Information

12 Months Ended

Dec. 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, including 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 at well sites for the oil and gas industry.

Segment activity is as follows (dollars in thousands):

	Year ended December 31,
	2016			2015			2014
Net Sales
Packaging	$	341,340		$	334,270		$	337,710
Aerospace	174,920			176,480			121,510
Energy	158,990			193,390			206,720
Engineered Components	118,770			159,840			221,360
Total	$	794,020		$	863,980		$	887,300
Operating Profit (Loss)
Packaging	$	77,840		$	78,470		$	77,850
Aerospace	(90,810		)	28,320			17,830
Energy	(13,840		)	(97,160		)	(6,660		)
Engineered Components	15,300			18,240			34,080
Corporate	(32,490		)	(32,120		)	(36,450		)
Total	$	(44,000	)	$	(4,250	)	$	86,650
Capital Expenditures
Packaging	$	19,880		$	13,670		$	13,730
Aerospace	3,950			5,010			4,430
Energy	2,800			7,610			2,690
Engineered Components	4,670			2,320			1,690
Corporate	30			50			460
Total	$	31,330		$	28,660		$	23,000
Depreciation and Amortization
Packaging	$	22,120		$	20,920		$	20,410
Aerospace	14,090			13,290			7,630
Energy	4,280			4,790			4,600
Engineered Components	4,090			4,200			4,460
Corporate	280			340			340
Total	$	44,860		$	43,540		$	37,440
Total Assets
Packaging	$	423,460		$	418,810		$	436,690
Aerospace	409,040			517,820			525,340
Energy	100,590			128,170			210,420
Engineered Components	78,570			88,320			100,560
Corporate	39,990			17,180			19,160
Subtotal from continuing operations	1,051,650			1,170,300			1,292,170
Discontinued operations	—			—			333,260
Consolidated total assets	$	1,051,650		$	1,170,300		$	1,625,430

The following table presents the Company's net sales for each of the years ended December 31 and long-lived assets at each year ended December 31, attributed to each subsidiary's continent of domicile (dollars in thousands).

	As of December 31,
	2016				2015				2014
	Net Sales		Long-lived Assets		Net Sales		Long-lived Assets		Net Sales		Long-lived Assets(a)
Non-U.S.
Europe	$	65,490	$	45,050	$	70,760	$	50,930	$	75,350	$	58,250
Asia Pacific	32,230		51,060		30,280		49,830		24,660		59,450
Other Americas	13,620		7,800		17,000		5,840		23,370		13,190
Total non-U.S	111,340		103,910		118,040		106,600		123,380		130,890
Total U.S.	682,680		604,250		745,940		727,320		763,920		804,080
Total	$	794,020	$	708,160	$	863,980	$	833,920	$	887,300	$	934,970

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^(a) Excludes discontinued operations. See Note 5, "Discontinued Operations."

The Company's export sales from the U.S. approximated $76.2 million, $82.7 million and $95.3 million in 2016, 2015 and 2014, respectively.