$TRS
TRIMAS CORP Stock $trs

$trs Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000084263323000118 Filed on October 26, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$209.6M	$235.3M
YoY Change	3.07%	7.69%
Cost Of Revenue	$164.3M	$179.4M
YoY Change	4.29%	5.41%
Gross Profit	$45.27M	$55.93M
YoY Change	-1.11%	15.73%
Gross Profit Margin	21.6%	23.77%
Selling, General & Admin	$25.49M	$32.29M
YoY Change	-21.57%	0.56%
% of Gross Profit	56.31%	57.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.95M	$13.90M
YoY Change	5.05%	9.02%
% of Gross Profit	30.82%	24.85%
Operating Expenses	$29.27M	$32.29M
YoY Change	-19.61%	0.56%
Operating Profit	$16.00M	$23.76M
YoY Change	70.76%	13.25%
Interest Expense	-$4.300M	$3.950M
YoY Change	19.44%	9.72%
% of Operating Profit	-26.88%	16.62%
Other Income/Expense, Net	$1.100M	-$4.070M
YoY Change	-41.18%	48.54%
Pretax Income	$8.430M	$19.69M
YoY Change	-65.66%	7.95%
Income Tax	$490.0K	$3.200M
% Of Pretax Income	5.81%	16.25%
Net Earnings	$7.940M	$16.49M
YoY Change	-57.86%	23.98%
Net Earnings / Revenue	3.79%	7.01%
Basic Earnings Per Share		$0.40
Diluted Earnings Per Share	$0.19	$0.40
COMMON SHARES
Basic Shares Outstanding	41.41M shares	41.43M shares
Diluted Shares Outstanding		41.67M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.89M	$34.70M
YoY Change	-68.87%	-56.81%
Cash & Equivalents	$34.89M	$34.66M
Short-Term Investments
Other Short-Term Assets	$22.01M	$24.60M
YoY Change	48.32%	22.21%
Inventory	$192.5M	$182.3M
Prepaid Expenses
Receivables	$148.0M	$165.8M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$397.4M	$407.4M
YoY Change	-5.98%	-2.26%
LONG-TERM ASSETS
Property, Plant & Equipment	$330.0M	$316.7M
YoY Change	18.81%	16.45%
Goodwill	$363.8M	$358.8M
YoY Change	7.05%	7.98%
Intangibles	$181.0M	$184.5M
YoY Change	-3.77%	-2.63%
Long-Term Investments
YoY Change
Other Assets	$16.05M	$20.40M
YoY Change	-19.71%	-29.14%
Total Long-Term Assets	$944.3M	$934.5M
YoY Change	7.02%	5.59%
TOTAL ASSETS
Total Short-Term Assets	$397.4M	$407.4M
Total Long-Term Assets	$944.3M	$934.5M
Total Assets	$1.342B	$1.342B
YoY Change	2.81%	3.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$91.91M	$81.53M
YoY Change	7.86%	-12.68%
Accrued Expenses	$59.64M	$67.24M
YoY Change	27.82%	18.28%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$490.0K	$500.0K
YoY Change
Total Short-Term Liabilities	$159.5M	$157.6M
YoY Change	13.77%	-0.62%
LONG-TERM LIABILITIES
Long-Term Debt	$397.4M	$397.2M
YoY Change	0.67%	0.68%
Other Long-Term Liabilities	$40.62M	$46.58M
YoY Change	-27.9%	-7.36%
Total Long-Term Liabilities	$40.62M	$46.58M
YoY Change	-27.9%	-7.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$159.5M	$157.6M
Total Long-Term Liabilities	$40.62M	$46.58M
Total Liabilities	$658.7M	$667.0M
YoY Change	0.85%	-0.05%
SHAREHOLDERS EQUITY
Retained Earnings	$4.230M	-$3.710M
YoY Change	-111.71%	-93.25%
Common Stock	$678.1M	$684.9M
YoY Change	-2.66%	-2.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$683.0M	$675.0M
YoY Change
Total Liabilities & Shareholders Equity	$1.342B	$1.342B
YoY Change	2.81%	3.08%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$7.940M	$16.49M
YoY Change	-57.86%	23.98%
Depreciation, Depletion And Amortization	$13.95M	$13.90M
YoY Change	5.05%	9.02%
Cash From Operating Activities	$30.59M	$31.40M
YoY Change	17.97%	65.7%
INVESTING ACTIVITIES
Capital Expenditures	$19.25M	$10.00M
YoY Change	36.33%	-198.81%
Acquisitions
YoY Change
Other Investing Activities	-$3.350M	-$5.300M
YoY Change	-111.71%	-120.15%
Cash From Investing Activities	-$22.60M	-$15.30M
YoY Change	-255.97%	-194.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.760M	-23.30M
YoY Change	-10.5%	500.52%
NET CHANGE
Cash From Operating Activities	30.59M	31.40M
Cash From Investing Activities	-22.60M	-15.30M
Cash From Financing Activities	-7.760M	-23.30M
Net Change In Cash	230.0K	-7.200M
YoY Change	-99.28%	-123.04%
FREE CASH FLOW
Cash From Operating Activities	$30.59M	$31.40M
Capital Expenditures	$19.25M	$10.00M
Free Cash Flow	$11.34M	$21.40M
YoY Change	-3.98%	-26.38%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	16490000	usd
CY2023Q3	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	260000	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	120000	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	4760000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	23760000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	20980000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	3950000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-120000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	860000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4070000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2740000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	19690000	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41425208	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41995027	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.40
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41673381	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42181440	shares
CY2023Q3	us-gaap	Profit Loss ProfitLoss	16490000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	13300000	usd
CY2023Q3	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	10000	usd
CY2022Q3	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	100000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-8360000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-15180000	usd
CY2023Q3	trs	Other Comprehensive Income Loss Net Investment Derivatives Net Of Tax OtherComprehensiveIncomeLossNetInvestmentDerivativesNetOfTax	3380000	usd
CY2022Q3	trs	Other Comprehensive Income Loss Net Investment Derivatives Net Of Tax OtherComprehensiveIncomeLossNetInvestmentDerivativesNetOfTax	7070000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4970000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8010000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	11520000	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5290000	usd
	us-gaap	Profit Loss ProfitLoss	32420000	usd
	us-gaap	Profit Loss ProfitLoss	47330000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	70000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	4540000	usd
	us-gaap	Depreciation Depreciation	29830000	usd
	us-gaap	Depreciation Depreciation	25340000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	13810000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14600000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	700000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	680000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	2650000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-6950000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	9320000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	7680000	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	22580000	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	14830000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1800000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	18980000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	660000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1170000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-10390000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6890000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	740000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4370000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	57570000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	46640000	usd
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	34940000	usd
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	31840000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	77340000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	64100000	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	0	usd
	us-gaap	Proceeds From Hedge Investing Activities ProceedsFromHedgeInvestingActivities	26230000	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	10400000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2940000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1660000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	648760000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	11020000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3990000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	2690000	usd
CY2023Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	280000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3240000	usd
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1680000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	662360000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4970000	usd
CY2023Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	90000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3140000	usd
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1680000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	674990000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	630850000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	14170000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2240000	usd
CY2022Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	9060000	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	970000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2480000	usd
CY2022Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1720000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	630780000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	13300000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8010000	usd
CY2022Q3	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	2070000	usd
CY2022Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2380000	usd
CY2022Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1710000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	634570000	usd
	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	2370000	usd
CY2023Q3	us-gaap	Lease Cost LeaseCost	4230000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	235340000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	218530000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	683990000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	680520000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	339810000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	20420000	usd
	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-1450000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	358780000	usd
CY2022Q3	us-gaap	Lease Cost LeaseCost	3540000	usd
	us-gaap	Lease Cost LeaseCost	11560000	usd
	us-gaap	Lease Cost LeaseCost	10290000	usd
CY2023Q3	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	431800000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	247290000	usd
CY2022Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	421810000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	233700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14600000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	74280000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	38090000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	50990000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	163360000	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
CY2022Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	2620000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	567610000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	289860000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	277750000	usd
CY2023Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4580000	usd
CY2023Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	395420000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y6M
CY2023Q3	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y9M
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.040	rate
CY2023Q3	trs	Net Leverage Ratio NetLeverageRatio	3.00
CY2023Q3	trs	Line Of Credit Borrowing Capacity Considering Covenant Restrictions LineOfCreditBorrowingCapacityConsideringCovenantRestrictions	277700000	usd
CY2023Q3	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.026	rate
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	45650000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	47280000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	2430000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	0	usd
CY2023Q3	trs	Lease Right Of Use Assets LeaseRightOfUseAssets	48080000	usd
CY2022Q4	trs	Lease Right Of Use Assets LeaseRightOfUseAssets	47280000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8310000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8280000	usd
CY2023Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	470000	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	0	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	39400000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	41010000	usd
CY2023Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1750000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	0	usd
CY2023Q3	trs	Lease Liabilities LeaseLiabilities	49930000	usd
CY2022Q4	trs	Lease Liabilities LeaseLiabilities	49290000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	100000	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	3140000	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	2590000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	8860000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	7920000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	50000	usd
CY2022Q3	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	0	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	150000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	0	usd
CY2023Q3	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	10000	usd
CY2022Q3	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	0	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	40000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	0	usd
CY2023Q3	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	1030000	usd
CY2022Q3	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	950000	usd
	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	2510000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2530000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	140000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	9540000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	520000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	8120000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	510000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	8570000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	590000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	7500000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	680000	usd
CY2023Q3	trs	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	18390000	usd
CY2023Q3	trs	Finance Lease Liability To Be Paid After Year Four FinanceLeaseLiabilityToBePaidAfterYearFour	0	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	54650000	usd
CY2023Q3	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	2440000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	6940000	usd
CY2023Q3	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	220000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	47710000	usd
CY2023Q3	us-gaap	Finance Lease Liability FinanceLeaseLiability	2220000	usd
CY2023Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	2540000	usd
CY2022Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	2540000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	7760000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	7360000	usd
CY2023Q3	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	10000	usd
CY2022Q3	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	0	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	40000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	0	usd
CY2023Q3	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	120000	usd
CY2022Q3	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	320000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3560000	usd
CY2022Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	970000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	8340000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5720000	usd
CY2023Q3	trs	Asbestosrelatedliabilitynoncurrent Asbestosrelatedliabilitynoncurrent	24560000	usd
CY2022Q4	trs	Asbestosrelatedliabilitynoncurrent Asbestosrelatedliabilitynoncurrent	26370000	usd
CY2023Q3	trs	Otherlongtermliabilitiesotherthanasbestosliability Otherlongtermliabilitiesotherthanasbestosliability	22020000	usd
CY2022Q4	trs	Otherlongtermliabilitiesotherthanasbestosliability Otherlongtermliabilitiesotherthanasbestosliability	29970000	usd
CY2023Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	46580000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	56340000	usd
CY2022Q4	us-gaap	Liability For Asbestos And Environmental Claims Gross Period Increase Decrease LiabilityForAsbestosAndEnvironmentalClaimsGrossPeriodIncreaseDecrease	5600000	usd
CY2023Q3	us-gaap	Revenues Revenues	235340000	usd
CY2022Q3	us-gaap	Revenues Revenues	218530000	usd
	us-gaap	Revenues Revenues	683990000	usd
	us-gaap	Revenues Revenues	680520000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	23760000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	20980000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	53810000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	72780000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41425208	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41995027	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41477095	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42363919	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41673381	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42181440	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41706867	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42590777	shares
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2023Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1700000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	5000000	usd
CY2022Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2022Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1700000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	5200000	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax	300000	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax	100000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.163
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.271
CY2023Q3	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	3200000	usd
CY2022Q3	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	4900000	usd
CY2023Q3	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	2400000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.231
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.250
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	9700000	usd
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	15800000	usd
	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	2400000	usd

Files In Submission

Name	View Source	Status
0000842633-23-000118-index-headers.html	Edgar Link	pending
0000842633-23-000118-index.html	Edgar Link	pending
0000842633-23-000118.txt	Edgar Link	pending
0000842633-23-000118-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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trs-20230930.htm	Edgar Link	pending
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trs_09302023xexh312.htm	Edgar Link	pending
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trs-20230930_def.xml	Edgar Link	unprocessable
trs-20230930_cal.xml	Edgar Link	unprocessable
trs-20230930_lab.xml	Edgar Link	unprocessable
trs-20230930_pre.xml	Edgar Link	unprocessable
trs-20230930_htm.xml	Edgar Link	completed

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$TRS
TRIMAS CORP Stock $trs

2023 Q4 Form 10-Q Financial Statement

#000084263323000118 Filed on October 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRS TRIMAS CORP Stock $trs

2023 Q4 Form 10-Q Financial Statement

#000084263323000118 Filed on October 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRS
TRIMAS CORP Stock $trs