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Segment Information
6 Months Ended
Jun. 30, 2017
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, highly engineered specialty fasteners, temporary 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 steel 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,
 
 
2017
 
2016
 
2017
 
2016
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
88,740

 
$
88,110

 
$
169,700

 
$
168,220

Aerospace
 
47,580

 
44,090

 
93,000

 
84,590

Energy
 
43,490

 
39,950

 
84,420

 
84,700

Engineered Components
 
33,560

 
31,170

 
66,080

 
68,690

Total
 
$
213,370

 
$
203,320

 
$
413,200

 
$
406,200

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
21,540

 
$
21,410

 
$
38,390

 
$
39,250

Aerospace
 
6,930

 
3,550

 
11,930

 
7,010

Energy
 
110

 
(3,090
)
 
(3,790
)
 
(6,700
)
Engineered Components
 
4,710

 
3,860

 
9,690

 
9,440

Corporate expenses
 
(7,040
)
 
(7,070
)
 
(14,230
)
 
(13,890
)
Total
 
$
26,250

 
$
18,660

 
$
41,990

 
$
35,110