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Segment Information
9 Months Ended
Sep. 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, including 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 steel 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):
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2017
 
2016
 
2017
 
2016
Net Sales
 
 
 
 
 
 
 
 
Packaging
 
$
89,560

 
$
90,330

 
$
259,260

 
$
258,550

Aerospace
 
48,550

 
47,430

 
141,550

 
132,020

Energy
 
40,440

 
38,230

 
124,860

 
122,930

Engineered Components
 
30,780

 
26,300

 
96,860

 
94,990

Total
 
$
209,330

 
$
202,290

 
$
622,530

 
$
608,490

Operating Profit (Loss)
 
 
 
 
 
 
 
 
Packaging
 
$
23,090

 
$
20,090

 
$
61,480

 
$
59,340

Aerospace
 
7,760

 
6,660

 
19,690

 
13,670

Energy
 
1,240

 
(1,870
)
 
(2,550
)
 
(8,570
)
Engineered Components
 
3,310

 
3,180

 
13,000

 
12,620

Corporate expenses
 
(7,280
)
 
(10,270
)
 
(21,510
)
 
(24,160
)
Total
 
$
28,120

 
$
17,790

 
$
70,110

 
$
52,900