$TRS
TRIMAS CORP Stock $trs

$trs Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000084263324000053 Filed on April 30, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$240.5M	$227.1M
YoY Change	3.13%	5.4%
Cost Of Revenue	$186.5M	$174.4M
YoY Change	4.38%	3.95%
Gross Profit	$54.01M	$52.71M
YoY Change	-0.95%	10.53%
Gross Profit Margin	22.46%	23.21%
Selling, General & Admin	$36.16M	$40.27M
YoY Change	18.99%	6.82%
% of Gross Profit	66.95%	76.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.24M	$9.980M
YoY Change	-13.12%	13.93%
% of Gross Profit	26.37%	18.93%
Operating Expenses	$36.16M	$40.27M
YoY Change	4.9%	6.82%
Operating Profit	$17.85M	$12.44M
YoY Change	-11.02%	24.52%
Interest Expense	$5.220M	$4.930M
YoY Change	-231.49%	33.24%
% of Operating Profit	29.24%	39.63%
Other Income/Expense, Net	-$5.180M	-$5.250M
YoY Change	-3337.5%	39.26%
Pretax Income	$12.67M	$7.190M
YoY Change	-22.03%	15.59%
Income Tax	$1.700M	$2.050M
% Of Pretax Income	13.42%	28.51%
Net Earnings	$10.94M	$5.140M
YoY Change	-0.73%	4.68%
Net Earnings / Revenue	4.55%	2.26%
Basic Earnings Per Share	$0.27	$0.13
Diluted Earnings Per Share	$0.27	$0.12
COMMON SHARES
Basic Shares Outstanding	40.73M shares	41.03M shares
Diluted Shares Outstanding	41.00M shares	41.32M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$35.01M	$30.47M
YoY Change	-16.44%	-41.28%
Cash & Equivalents	$35.01M	$30.47M
Short-Term Investments
Other Short-Term Assets	$25.61M	$28.35M
YoY Change	23.6%	57.33%
Inventory	$208.6M	$206.3M
Prepaid Expenses
Receivables	$169.7M	$162.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$438.9M	$427.7M
YoY Change	7.06%	9.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$328.8M	$332.1M
YoY Change	-9.48%	12.49%
Goodwill	$360.4M	$361.3M
YoY Change	-0.67%	-0.09%
Intangibles	$171.2M	$175.7M
YoY Change	-10.21%	-9.8%
Long-Term Investments
YoY Change
Other Assets	$15.95M	$16.09M
YoY Change	-46.28%	-20.89%
Total Long-Term Assets	$926.9M	$936.8M
YoY Change	-2.06%	0.93%
TOTAL ASSETS
Total Short-Term Assets	$438.9M	$427.7M
Total Long-Term Assets	$926.9M	$936.8M
Total Assets	$1.366B	$1.364B
YoY Change	0.7%	3.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$90.65M	$82.25M
YoY Change	8.2%	-4.1%
Accrued Expenses	$57.15M	$66.51M
YoY Change	-15.14%	23.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$470.0K	$470.0K
YoY Change	-4.08%	-4.08%
Total Short-Term Liabilities	$155.7M	$156.8M
YoY Change	2.68%	5.41%
LONG-TERM LIABILITIES
Long-Term Debt	$428.8M	$426.5M
YoY Change	2.35%	7.43%
Other Long-Term Liabilities	$43.84M	$45.47M
YoY Change	-54.6%	-22.46%
Total Long-Term Liabilities	$43.84M	$45.47M
YoY Change	-91.5%	-22.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$155.7M	$156.8M
Total Long-Term Liabilities	$43.84M	$45.47M
Total Liabilities	$689.9M	$691.3M
YoY Change	-0.59%	3.08%
SHAREHOLDERS EQUITY
Retained Earnings	$16.87M	$7.630M
YoY Change	-183.51%	-124.44%
Common Stock	$666.2M	$667.8M
YoY Change	-2.57%	-2.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$675.9M	$673.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.366B	$1.364B
YoY Change	0.7%	3.42%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$10.94M	$5.140M
YoY Change	-0.73%	4.68%
Depreciation, Depletion And Amortization	$14.24M	$9.980M
YoY Change	-13.12%	13.93%
Cash From Operating Activities	$18.36M	-$3.690M
YoY Change	11.27%	-138.08%
INVESTING ACTIVITIES
Capital Expenditures	$10.86M	$13.25M
YoY Change	7.1%	-10.41%
Acquisitions		$0.00
YoY Change		-100.0%
Other Investing Activities	$120.0K	$110.0K
YoY Change	-100.35%	-100.29%
Cash From Investing Activities	-$10.74M	-$13.14M
YoY Change	-75.56%	-75.0%
FINANCING ACTIVITIES
Cash Dividend Paid		$1.660M
YoY Change		0.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.080M	$12.41M
YoY Change	-117.64%	-171.65%
NET CHANGE
Cash From Operating Activities	18.36M	-$3.690M
Cash From Investing Activities	-10.74M	-$13.14M
Cash From Financing Activities	-3.080M	$12.41M
Net Change In Cash	4.540M	-$4.420M
YoY Change	-145.45%	-92.66%
FREE CASH FLOW
Cash From Operating Activities	$18.36M	-$3.690M
Capital Expenditures	$10.86M	$13.25M
Free Cash Flow	$7.500M	-$16.94M
YoY Change	17.92%	232.16%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40784202	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40784202	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41202110	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	41202110	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	174390000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	167770000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	52710000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	47690000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	40270000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	37700000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	12440000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	9990000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	4930000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	3700000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-320000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-70000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5250000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3770000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7190000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6220000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2050000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1310000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	5140000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	4910000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41018049	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41543625	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41322014	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41802037	shares
CY2024Q1	us-gaap	Profit Loss ProfitLoss	5140000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	4910000	usd
CY2024Q1	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	20000	usd
CY2023Q1	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	20000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3510000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	5290000	usd
CY2024Q1	trs	Other Comprehensive Income Loss Net Investment Derivatives Net Of Tax OtherComprehensiveIncomeLossNetInvestmentDerivativesNetOfTax	590000	usd
CY2023Q1	trs	Other Comprehensive Income Loss Net Investment Derivatives Net Of Tax OtherComprehensiveIncomeLossNetInvestmentDerivativesNetOfTax	-1860000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2900000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3450000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2240000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8360000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	5140000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	4910000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	60000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	10000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	9980000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	8760000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4210000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4590000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	240000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	230000	usd
CY2024Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	3410000	usd
CY2023Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	2070000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4570000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2940000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	770000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	usd
CY2024Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	16190000	usd
CY2023Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	11850000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	14260000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1590000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-510000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1490000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3670000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2360000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1660000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	510000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3690000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9690000	usd
CY2024Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	13250000	usd
CY2023Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	14790000	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	37790000	usd
CY2024Q1	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	110000	usd
CY2023Q1	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	10000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-13140000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-52570000	usd
CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	68890000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	10840000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	39820000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	10840000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13320000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	10400000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1560000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2310000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	1660000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	1660000	usd
CY2024Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-120000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2950000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	12410000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-17320000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4420000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-60200000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	34890000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	112090000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	30470000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51890000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	490000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	210000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1000000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1780000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	682950000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	5140000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2900000	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	13320000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1560000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4570000	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1660000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	673220000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	651830000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	4910000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3450000	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
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	227100000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	215460000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	363770000	usd
CY2024Q1	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-2510000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	361260000	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	431810000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	256070000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	433220000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	252200000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	634160000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	311300000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4210000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4590000	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	88060000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	82300000	usd
CY2024Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	58610000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	51990000	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	59590000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	58160000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	206260000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	192450000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	643390000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1710000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	304170000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	332090000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	329990000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4110000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4340000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	424930000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	395660000	usd
CY2024Q1	trs	Net Leverage Ratio NetLeverageRatio	3.00
CY2024Q1	trs	Line Of Credit Borrowing Capacity Considering Covenant Restrictions LineOfCreditBorrowingCapacityConsideringCovenantRestrictions	227000000	usd
CY2024Q1	trs	Lease Liabilities LeaseLiabilities	45980000	usd
CY2023Q4	trs	Lease Liabilities LeaseLiabilities	47590000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	300000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	41690000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	43220000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	2380000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	2470000	usd
CY2024Q1	trs	Lease Right Of Use Assets LeaseRightOfUseAssets	44070000	usd
CY2023Q4	trs	Lease Right Of Use Assets LeaseRightOfUseAssets	45690000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	7560000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	7410000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	470000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	490000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	36390000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	37980000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1560000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	2280000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	2580000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	60000	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	40000	usd
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	10000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	10000	usd
CY2024Q1	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	1090000	usd
CY2023Q1	trs	Shorttermvariableandotherleasecosts Shorttermvariableandotherleasecosts	640000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	3440000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	3270000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	6870000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	390000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	8450000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	520000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	8730000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	600000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	7520000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	690000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	5580000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	0	usd
CY2024Q1	trs	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	12850000	usd
CY2024Q1	trs	Finance Lease Liability To Be Paid After Year Four FinanceLeaseLiabilityToBePaidAfterYearFour	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	50000000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	2200000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	6050000	usd
CY2024Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	170000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	43950000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	2030000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	2360000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	2590000	usd
CY2024Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	10000	usd
CY2023Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	10000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	120000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	80000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	870000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4780000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	2620000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y2M12D
CY2024Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y3M18D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.041	rate
CY2024Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.026	rate
CY2024Q1	trs	Asbestosrelatedliabilitynoncurrent Asbestosrelatedliabilitynoncurrent	23250000	usd
CY2023Q4	trs	Asbestosrelatedliabilitynoncurrent Asbestosrelatedliabilitynoncurrent	23880000	usd
CY2024Q1	trs	Otherlongtermliabilitiesotherthanasbestosliability Otherlongtermliabilitiesotherthanasbestosliability	22220000	usd
CY2023Q4	trs	Otherlongtermliabilitiesotherthanasbestosliability Otherlongtermliabilitiesotherthanasbestosliability	16740000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	45470000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	40620000	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1700000	usd
CY2024Q1	us-gaap	Revenues Revenues	227100000	usd
CY2023Q1	us-gaap	Revenues Revenues	215460000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	12440000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	9990000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	4930000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	3700000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-320000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-70000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7190000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6220000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41018049	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41543625	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41322014	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41802037	shares
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1700000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.285
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.211
CY2024Q1	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	2100000	usd
CY2023Q1	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	1300000	usd

Files In Submission

Name	View Source	Status
0000842633-24-000053-index-headers.html	Edgar Link	pending
0000842633-24-000053-index.html	Edgar Link	pending
0000842633-24-000053.txt	Edgar Link	pending
0000842633-24-000053-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
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trs-20240331_def.xml	Edgar Link	unprocessable
trs-20240331_lab.xml	Edgar Link	unprocessable
trs-20240331_pre.xml	Edgar Link	unprocessable
trs-20240331_htm.xml	Edgar Link	completed
trs-20240331_cal.xml	Edgar Link	unprocessable

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$TRS
TRIMAS CORP Stock $trs

2024 Q2 Form 10-Q Financial Statement

#000084263324000053 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRS TRIMAS CORP Stock $trs

2024 Q2 Form 10-Q Financial Statement

#000084263324000053 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRS
TRIMAS CORP Stock $trs