$TGI
TRIUMPH GROUP INC

2022 Q1 Form 10-Q Financial Statement

#000095017022000923 Filed on February 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $386.7M $319.2M $357.4M
YoY Change -17.17% -25.06% -25.82%
Cost Of Revenue $284.7M $232.3M $262.3M
YoY Change -20.82% -31.82% -31.34%
Gross Profit $101.9M $86.92M $95.06M
YoY Change -4.92% 1.97% -4.69%
Gross Profit Margin 26.36% 27.23% 26.6%
Selling, General & Admin $49.30M $42.42M $54.11M
YoY Change -8.37% -12.99% -3.79%
% of Gross Profit 48.36% 48.8% 56.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.600M $11.66M $12.95M
YoY Change -53.17% -47.29% -41.42%
% of Gross Profit 9.42% 13.41% 13.62%
Operating Expenses $58.90M $42.42M $54.11M
YoY Change -20.63% -12.99% -3.79%
Operating Profit $43.03M $28.20M $16.45M
YoY Change 30.41% -180.63% 121.65%
Interest Expense -$30.80M -$32.32M -$34.18M
YoY Change -21.23% -28.02% -34.89%
% of Operating Profit -71.57% -114.62% -207.79%
Other Income/Expense, Net -$17.75M $14.40M $10.45M
YoY Change -245.52% 16.13% -15.73%
Pretax Income -$9.758M $8.343M -$7.283M
YoY Change -86.63% -112.38% -77.7%
Income Tax $817.0K $1.105M $1.787M
% Of Pretax Income 13.24%
Net Earnings -$10.58M $7.238M -$9.070M
YoY Change -85.61% -110.63% -72.92%
Net Earnings / Revenue -2.74% 2.27% -2.54%
Basic Earnings Per Share $0.11 -$0.14
Diluted Earnings Per Share -$163.5K $0.11 -$0.14
COMMON SHARES
Basic Shares Outstanding 64.63M 64.62M 64.55M
Diluted Shares Outstanding 65.10M 64.55M

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $240.9M $206.1M $194.1M
YoY Change -59.17% -56.81% -55.9%
Cash & Equivalents $240.9M $206.1M $194.1M
Short-Term Investments
Other Short-Term Assets $80.01M $17.95M $60.68M
YoY Change -66.03% -79.85% -53.89%
Inventory $361.7M $394.5M $387.9M
Prepaid Expenses
Receivables $178.7M $158.9M $175.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $963.1M $928.2M $968.4M
YoY Change -38.04% -30.65% -33.88%
LONG-TERM ASSETS
Property, Plant & Equipment $169.1M $178.7M $179.1M
YoY Change -20.02% -49.83% -50.39%
Goodwill $513.7M $515.8M $516.1M
YoY Change -1.52% -0.15%
Intangibles $84.85M $87.68M $90.43M
YoY Change -17.18% -22.63%
Long-Term Investments
YoY Change
Other Assets $30.48M $42.18M $46.75M
YoY Change -50.07% -42.15% -37.01%
Total Long-Term Assets $798.1M $824.3M $832.3M
YoY Change -10.98% -22.49% -22.13%
TOTAL ASSETS
Total Short-Term Assets $963.1M $928.2M $968.4M
Total Long-Term Assets $798.1M $824.3M $832.3M
Total Assets $1.761B $1.753B $1.801B
YoY Change -28.14% -27.04% -28.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $161.5M $168.9M $142.6M
YoY Change -10.0% -13.52% -41.19%
Accrued Expenses $208.1M $229.8M $235.7M
YoY Change -23.27% 2.38% 19.88%
Deferred Revenue $171.8M $161.0M $159.7M
YoY Change -15.96% -8.83%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.268M $3.534M $3.637M
YoY Change -37.15% -42.07% -49.49%
Total Short-Term Liabilities $602.1M $563.2M $549.0M
YoY Change -16.18% -11.92% -18.55%
LONG-TERM LIABILITIES
Long-Term Debt $1.586B $1.585B $1.606B
YoY Change -18.75% -21.27% -20.28%
Other Long-Term Liabilities $51.71M $86.13M $122.5M
YoY Change -75.07% -89.38% -55.43%
Total Long-Term Liabilities $51.71M $86.13M $122.5M
YoY Change -75.07% -96.95% -55.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $602.1M $563.2M $549.0M
Total Long-Term Liabilities $51.71M $86.13M $122.5M
Total Liabilities $653.9M $649.3M $671.5M
YoY Change -29.37% -81.3% -29.23%
SHAREHOLDERS EQUITY
Retained Earnings -$1.297B -$1.287B -$1.294B
YoY Change 3.41% 8.95% 16.27%
Common Stock $973.1M $970.8M $968.1M
YoY Change -0.53% 21.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $96.00K $10.00K $7.000K
YoY Change -99.24% -99.97%
Treasury Stock Shares $14.90K $170.00 $382.00
Shareholders Equity -$787.4M -$812.0M -$828.9M
YoY Change
Total Liabilities & Shareholders Equity $1.761B $1.753B $1.801B
YoY Change -28.14% -27.04% -28.92%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income -$10.58M $7.238M -$9.070M
YoY Change -85.61% -110.63% -72.92%
Depreciation, Depletion And Amortization $9.600M $11.66M $12.95M
YoY Change -53.17% -47.29% -41.42%
Cash From Operating Activities $32.97M $15.55M -$36.01M
YoY Change 44.58% -64.51% -14.66%
INVESTING ACTIVITIES
Capital Expenditures -$3.843M -$8.336M -$5.369M
YoY Change -38.02% 34.45% 5.27%
Acquisitions
YoY Change
Other Investing Activities $3.968M $34.93M $3.043M
YoY Change -70.61% 3780.89% 334.71%
Cash From Investing Activities $125.0K $26.59M -$2.326M
YoY Change -98.29% -601.74% -47.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.102M -27.44M -3.607M
YoY Change -101.39% 398.85% -100.79%
NET CHANGE
Cash From Operating Activities 32.97M 15.55M -36.01M
Cash From Investing Activities 125.0K 26.59M -2.326M
Cash From Financing Activities -1.102M -27.44M -3.607M
Net Change In Cash 31.99M 14.70M -41.95M
YoY Change -70.81% -55.45% -110.29%
FREE CASH FLOW
Cash From Operating Activities $32.97M $15.55M -$36.01M
Capital Expenditures -$3.843M -$8.336M -$5.369M
Free Cash Flow $36.81M $23.88M -$30.64M
YoY Change 26.92% -52.24% -17.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Entity Central Index Key
EntityCentralIndexKey
0001021162
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-12235
dei Entity Registrant Name
EntityRegistrantName
TRIUMPH GROUP, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
51-0347963
dei Entity Address Address Line1
EntityAddressAddressLine1
899 Cassatt Road
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 210
dei Entity Address City Or Town
EntityAddressCityOrTown
Berwyn
dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19312
dei City Area Code
CityAreaCode
610
dei Local Phone Number
LocalPhoneNumber
251-1000
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
64630111
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
206139000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
589882000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7785000
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8095000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
158871000
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
194066000
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
150755000
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
134638000
CY2021Q4 us-gaap Inventory Net
InventoryNet
394532000
CY2021Q1 us-gaap Inventory Net
InventoryNet
400366000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14922000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19206000
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
3029000
CY2021Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
216276000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
928248000
CY2021Q1 us-gaap Assets Current
AssetsCurrent
1554434000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
178663000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
211369000
CY2021Q4 us-gaap Goodwill
Goodwill
515773000
CY2021Q1 us-gaap Goodwill
Goodwill
521638000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
87679000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
102453000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42176000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
61041000
CY2021Q4 us-gaap Assets
Assets
1752539000
CY2021Q1 us-gaap Assets
Assets
2450935000
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3534000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
5247000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
168894000
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
179473000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
160982000
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
204379000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
229750000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
271160000
CY2021Q1 tgi Liabilities Related To Assets Held For Sale Current
LiabilitiesRelatedToAssetsHeldForSaleCurrent
58108000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
563160000
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
718367000
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1584989000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1952296000
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
322874000
CY2021Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
384256000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
7426000
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
7491000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
86128000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
207378000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
64613402
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
64488674
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
64613232
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
64185001
CY2021Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
65000
CY2021Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
64000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
970787000
CY2021Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
978272000
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
170
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
303673
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10000
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
12606000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-496306000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-530192000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1286574000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1254391000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-812038000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-818853000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1752539000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2450935000
CY2021Q4 us-gaap Revenues
Revenues
319249000
CY2020Q4 us-gaap Revenues
Revenues
425994000
us-gaap Revenues
Revenues
1073291000
us-gaap Revenues
Revenues
1402886000
CY2021Q4 us-gaap Cost Of Revenue
CostOfRevenue
232328000
CY2020Q4 us-gaap Cost Of Revenue
CostOfRevenue
340753000
us-gaap Cost Of Revenue
CostOfRevenue
788341000
us-gaap Cost Of Revenue
CostOfRevenue
1116668000
CY2021Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42416000
CY2020Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
48747000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
152775000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
162189000
CY2021Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11659000
CY2020Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22119000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40035000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
72819000
tgi Impairment Of Long Lived Fixed Assets And Intangible Assets
ImpairmentOfLongLivedFixedAssetsAndIntangibleAssets
252382000
CY2021Q4 us-gaap Restructuring Charges
RestructuringCharges
4649000
CY2020Q4 us-gaap Restructuring Charges
RestructuringCharges
4071000
us-gaap Restructuring Charges
RestructuringCharges
13031000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
us-gaap Restructuring Charges
RestructuringCharges
32747000
CY2020Q4 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-45273000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-13629000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-46020000
CY2021Q4 tgi Cost Of Sales And Operating Expenses
CostOfSalesAndOperatingExpenses
291052000
CY2020Q4 tgi Cost Of Sales And Operating Expenses
CostOfSalesAndOperatingExpenses
460963000
tgi Cost Of Sales And Operating Expenses
CostOfSalesAndOperatingExpenses
1007811000
tgi Cost Of Sales And Operating Expenses
CostOfSalesAndOperatingExpenses
1682825000
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
28197000
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-34969000
us-gaap Operating Income Loss
OperatingIncomeLoss
65480000
us-gaap Operating Income Loss
OperatingIncomeLoss
-279939000
CY2021Q4 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-14400000
CY2020Q4 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-12432000
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-23127000
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-37275000
CY2021Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1935000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11624000
CY2021Q4 tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
32319000
CY2020Q4 tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
44881000
tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
105060000
tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
132344000
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8343000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-67418000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28077000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-375008000
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1105000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
698000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4106000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2383000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
7238000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-68116000
us-gaap Net Income Loss
NetIncomeLoss
-32183000
us-gaap Net Income Loss
NetIncomeLoss
-377391000
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.24
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64621000
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52488000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64486000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52126000
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.24
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65096000
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52488000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64486000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52126000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
7238000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-68116000
us-gaap Net Income Loss
NetIncomeLoss
-32183000
us-gaap Net Income Loss
NetIncomeLoss
-377391000
CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-776000
CY2020Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12637000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3719000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
20838000
CY2021Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0
CY2020Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
10440000
CY2021Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
CY2020Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
CY2021Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
8514000
CY2020Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
5298000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
25525000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
15894000
CY2021Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
CY2020Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
CY2021Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-1250000
CY2020Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-1033000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
3134000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-3099000
CY2021Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-7264000
CY2020Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-4265000
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-39099000
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-12795000
CY2021Q4 tgi Other Comprehensive Income Loss Unrealized Gain Loss On Cash Flow Hedges During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainLossOnCashFlowHedgesDuringPeriodTax
0
CY2020Q4 tgi Other Comprehensive Income Loss Unrealized Gain Loss On Cash Flow Hedges During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainLossOnCashFlowHedgesDuringPeriodTax
0
tgi Other Comprehensive Income Loss Unrealized Gain Loss On Cash Flow Hedges During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainLossOnCashFlowHedgesDuringPeriodTax
0
tgi Other Comprehensive Income Loss Unrealized Gain Loss On Cash Flow Hedges During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainLossOnCashFlowHedgesDuringPeriodTax
0
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
662000
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1878000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-2670000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
8308000
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
251000
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-437000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1176000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1662000
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
411000
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2315000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1494000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6646000
CY2021Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6899000
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19217000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
33886000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
40279000
CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14137000
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-48899000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1703000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-337112000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-818853000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-30351000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2749000
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
20629000
CY2021Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2021Q2 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
-706000
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2470000
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2336000
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
172000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-826226000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-9070000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5692000
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
11206000
CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2021Q3 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
-1199000
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2737000
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
782000
CY2021Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
157000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-828869000
CY2021Q4 us-gaap Profit Loss
ProfitLoss
7238000
CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-776000
CY2021Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2021Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
7264000
CY2021Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2021Q4 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
411000
CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2544000
CY2021Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
17000
CY2021Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
167000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-812038000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-781264000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-275786000
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
919000
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4265000
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2020Q2 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
2100000
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2621000
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
474000
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
238000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-1047381000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-33489000
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7282000
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4265000
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2020Q3 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
2231000
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2536000
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
21000
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
219000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-1064357000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
-68116000
CY2020Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12637000
CY2020Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2020Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4265000
CY2020Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2020Q4 tgi Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Excluding Derivative Hedge
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxExcludingDerivativeHedge
2315000
CY2020Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3615000
CY2020Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
57000
CY2020Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
203000
CY2020Q4 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
39665000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-1069830000
us-gaap Net Income Loss
NetIncomeLoss
-32183000
us-gaap Net Income Loss
NetIncomeLoss
-377391000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40035000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
72819000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
252382000
tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
3645000
tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
35017000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-13629000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-46020000
tgi Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments And Special Termination Benefits
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailmentsAndSpecialTerminationBenefits
-20046000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7502000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
21912000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
247000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4890000
us-gaap Share Based Compensation
ShareBasedCompensation
7664000
us-gaap Interest Paid
InterestPaid
110488000
us-gaap Interest Paid
InterestPaid
79382000
tgi Payment Of Premium On Redemption Of First Lien Notes
PaymentOfPremiumOnRedemptionOfFirstLienNotes
9108000
us-gaap Share Based Compensation
ShareBasedCompensation
9086000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-30060000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-169744000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
7538000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-55170000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5165000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2152000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3716000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1041000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-201476000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-375967000
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-42195000
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-36838000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
678000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1570000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-169981000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-195871000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
15817000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
18988000
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
220550000
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
2380000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
2101000
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
21550000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
181082000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16608000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-400000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
107000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
713900000
tgi Repayments Of Long Term Debt And Finance Lease Obligation
RepaymentsOfLongTermDebtAndFinanceLeaseObligation
379021000
tgi Repayments Of Long Term Debt And Finance Lease Obligation
RepaymentsOfLongTermDebtAndFinanceLeaseObligation
95439000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
400000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
20215000
tgi Payment Of Premium On Redemption Of First Lien Notes
PaymentOfPremiumOnRedemptionOfFirstLienNotes
9108000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3135000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
552000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-391557000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
197694000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3287000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6598000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-383743000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8187000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
589882000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
485463000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
206139000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
477276000
CY2021Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;font-style:italic;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;font-style:italic;">Concentration of Credit Risk</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">The Company’s trade and other accounts receivable are exposed to credit risk. However, the risk is limited due to the diversity of the customer base and the customer base’s wide geographical area. Trade accounts receivable from The Boeing Company ("Boeing") (representing commercial, military, and space) represented approximately </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">17</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> and </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">23</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> of total trade accounts receivable as of December 31, 2021 and March 31, 2021, respectively. Trade and other accounts receivable from Qarbon Aerospace Inc. include receivables that largely correspond with payables associated with transition services and represented</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">approximately </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">10</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> and </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> of total trade accounts receivable as of December 31, 2021 and March 31, 2021, respectively. The Company had no other concentrations of credit risk of more than 10%.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">Sales to Boeing for the nine months ended December 31, 2021, were </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">376,413</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">, or </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">35</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> of net sales, of which </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">121,057</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> and </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">255,357</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> were from Systems &amp; Support and Aerospace Structures, respectively. Sales to Boeing for the nine months ended December 31, 2020, were </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">528,263</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">, or </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">38</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">%</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> of net sales, of which </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">164,520</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> and </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">$</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">363,743</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> were from Systems &amp; Support and Aerospace Structures, respectively.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">No other single customer accounted for more than 10% of the Company’s net sales. However, the loss of any significant customer, including Boeing, could have a material adverse effect on the Company and its operating subsidiaries.</span></p>
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3065000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2474000
CY2021Q4 us-gaap Revenues
Revenues
319249000
CY2020Q4 us-gaap Revenues
Revenues
425994000
us-gaap Revenues
Revenues
1073291000
us-gaap Revenues
Revenues
1402886000
CY2021Q4 us-gaap Revenues
Revenues
319249000
CY2020Q4 us-gaap Revenues
Revenues
425994000
us-gaap Revenues
Revenues
1073291000
us-gaap Revenues
Revenues
1402886000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1952296000
CY2021Q4 tgi Debt Instrument Redemption Amount Outstanding
DebtInstrumentRedemptionAmountOutstanding
24318000
tgi Net Proceeds Used To Redeem Aggregate Principal Amount Of First Lien Note
NetProceedsUsedToRedeemAggregatePrincipalAmountOfFirstLienNote
1619000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1853956000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1085257000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
750259000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18311000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
129000
CY2021Q4 tgi Contract With Customer Current And Noncurrent
ContractWithCustomerCurrentAndNoncurrent
155284000
CY2021Q1 tgi Contract With Customer Current And Noncurrent
ContractWithCustomerCurrentAndNoncurrent
139937000
tgi Contract With Customer Asset Change In Contract Asset
ContractWithCustomerAssetChangeInContractAsset
15347000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
186972000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
305116000
tgi Contract With Customer Liability Change In Contract Liability
ContractWithCustomerLiabilityChangeInContractLiability
118144000
CY2021Q4 tgi Contract With Customer Net Asset Liability Current And Noncurrent
ContractWithCustomerNetAssetLiabilityCurrentAndNoncurrent
-31688000
CY2021Q1 tgi Contract With Customer Net Asset Liability Current And Noncurrent
ContractWithCustomerNetAssetLiabilityCurrentAndNoncurrent
-165179000
tgi Contract With Customer Asset Liability Net Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetLiabilityNetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
133491000
tgi Change In Accounting Estimate
ChangeInAccountingEstimate
5340000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
68083000
CY2021Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
4529000
CY2021Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
5299000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
25990000
CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
100737000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
46823000
CY2021Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
45211000
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
300547000
CY2021Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
277729000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
18706000
CY2021Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
51221000
CY2021Q4 tgi Rotable Assets
RotableAssets
28456000
CY2021Q1 tgi Rotable Assets
RotableAssets
26205000
CY2021Q4 us-gaap Inventory Net
InventoryNet
394532000
CY2021Q1 us-gaap Inventory Net
InventoryNet
400366000
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
16671000
CY2021Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
24053000
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1588523000
CY2021Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1957543000
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3534000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
5247000
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1584989000
CY2020Q4 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-45273000
CY2020Q4 tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
6867000
CY2020Q4 tgi Impairment Of Rotable Inventory1
ImpairmentOfRotableInventory1
-23689000
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64621000
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52488000
CY2020Q4 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-12432000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64486000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52126000
CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
475000
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65096000
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52488000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64486000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52126000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11688000
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11536000
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.132
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.010
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.146
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.006
us-gaap Defined Benefit Plan Curtailments
DefinedBenefitPlanCurtailments
16024000
CY2021Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
3826000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2021Q4 us-gaap Revenues
Revenues
319249000
CY2021Q4 tgi Earnings Before Interest Taxes Depreciation Amortization Including Impairments And Pension Benefit Expense
EarningsBeforeInterestTaxesDepreciationAmortizationIncludingImpairmentsAndPensionBenefitExpense
47043000
CY2021Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11659000
CY2021Q4 tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
32319000
CY2021Q4 tgi Corporate Expenses
CorporateExpenses
5533000
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2592000
CY2021Q4 tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
938000
CY2021Q4 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-14400000
CY2021Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1935000
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8343000
CY2021Q4 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
8336000
CY2021Q4 us-gaap Assets
Assets
1752539000
CY2020Q4 us-gaap Revenues
Revenues
425994000
CY2020Q4 tgi Earnings Before Interest Taxes Depreciation Amortization Including Impairments And Pension Benefit Expense
EarningsBeforeInterestTaxesDepreciationAmortizationIncludingImpairmentsAndPensionBenefitExpense
61407000
CY2020Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22119000
CY2020Q4 tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
44881000
CY2020Q4 tgi Corporate Expenses
CorporateExpenses
8483000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-67418000
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3679000
CY2020Q4 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
6184000
us-gaap Revenues
Revenues
1073291000
tgi Earnings Before Interest Taxes Depreciation Amortization Including Impairments And Pension Benefit Expense
EarningsBeforeInterestTaxesDepreciationAmortizationIncludingImpairmentsAndPensionBenefitExpense
159327000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40035000
tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
105060000
tgi Corporate Expenses
CorporateExpenses
36164000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7664000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-13629000
tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
3645000
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-23127000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11624000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28077000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
15817000
us-gaap Revenues
Revenues
1402886000
tgi Earnings Before Interest Taxes Depreciation Amortization Including Impairments And Pension Benefit Expense
EarningsBeforeInterestTaxesDepreciationAmortizationIncludingImpairmentsAndPensionBenefitExpense
131067000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
72819000
tgi Interest Expense And Other Net
InterestExpenseAndOtherNet
132344000
tgi Corporate Expenses
CorporateExpenses
42027000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9086000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-46020000
tgi Amortization Of Acquired Contract Liabilities
AmortizationOfAcquiredContractLiabilities
35017000
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-37275000
tgi Impairment Of Rotable Inventory1
ImpairmentOfRotableInventory1
-23689000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
252382000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-375008000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
18988000
CY2021Q4 tgi Minimum Annual Payment Period On Withdrawal Liability Obligation
MinimumAnnualPaymentPeriodOnWithdrawalLiabilityObligation
P10Y
us-gaap Restructuring Charges
RestructuringCharges
13031000

Files In Submission

Name View Source Status
0000950170-22-000923-index-headers.html Edgar Link pending
0000950170-22-000923-index.html Edgar Link pending
0000950170-22-000923.txt Edgar Link pending
0000950170-22-000923-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tgi-20211231.htm Edgar Link pending
tgi-20211231.xsd Edgar Link pending
tgi-20211231_cal.xml Edgar Link unprocessable
tgi-20211231_def.xml Edgar Link unprocessable
tgi-20211231_htm.xml Edgar Link completed
tgi-20211231_lab.xml Edgar Link unprocessable
tgi-20211231_pre.xml Edgar Link unprocessable
tgi-ex10_1.htm Edgar Link pending
tgi-ex10_2.htm Edgar Link pending
tgi-ex10_3.htm Edgar Link pending
tgi-ex10_4.htm Edgar Link pending
tgi-ex10_5.htm Edgar Link pending
tgi-ex22_1.htm Edgar Link pending
tgi-ex31_1.htm Edgar Link pending
tgi-ex31_2.htm Edgar Link pending
tgi-ex32_1.htm Edgar Link pending
tgi-ex32_2.htm Edgar Link pending