true0001021162trueus-gaap:OtherLiabilitiesNoncurrentus-gaap:OtherLiabilitiesNoncurrentus-gaap:OtherAssetsNoncurrentus-gaap:PropertyPlantAndEquipmentNetus-gaap:PropertyPlantAndEquipmentNetus-gaap:AccruedLiabilitiesCurrentus-gaap:AccruedLiabilitiesCurrentus-gaap:LongTermDebtAndCapitalLeaseObligationsCurrentus-gaap:LongTermDebtAndCapitalLeaseObligationsExcludes impact to plan assets due to the LDI investment approach discussed above under “Plan Assets, Investment Policy and Strategy.” 0001021162 2019-04-01 2020-03-31 0001021162 2017-04-01 2018-03-31 0001021162 2018-04-01 2019-03-31 0001021162 2020-03-31 0001021162 2019-03-31 0001021162 2020-12-17 2020-12-17 0001021162 2019-04-01 0001021162 2020-01-01 2020-03-31 0001021162 2014-03-31 0001021162 2019-12-01 2019-12-31 0001021162 2019-12-31 0001021162 2020-03-01 2020-03-31 0001021162 2019-09-01 2019-09-30 0001021162 2019-04-01 2019-06-30 0001021162 2019-07-01 2019-09-30 0001021162 2019-10-01 2019-12-31 0001021162 2018-04-01 2018-06-30 0001021162 2018-07-01 2018-09-30 0001021162 2018-10-01 2018-12-31 0001021162 2019-01-01 2019-03-31 0001021162 2018-03-31 0001021162 2019-02-01 2019-02-28 0001021162 2017-11-01 2017-11-30 0001021162 2020-05-22 0001021162 2020-05-22 2020-05-22 0001021162 2017-03-31 0001021162 us-gaap:ChangeInAccountingPrincipleOtherMember 2019-04-01 2020-03-31 0001021162 srt:ScenarioPreviouslyReportedMember 2019-04-01 2020-03-31 0001021162 us-gaap:ForeignCountryMember 2019-04-01 2020-03-31 0001021162 us-gaap:DomesticCountryMember 2019-04-01 2020-03-31 0001021162 us-gaap:RestrictedStockMember 2019-04-01 2020-03-31 0001021162 us-gaap:RestrictedStockUnitsRSUMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember 2019-04-01 2020-03-31 0001021162 us-gaap:CommonStockMember 2019-04-01 2020-03-31 0001021162 us-gaap:SalesRevenueNetMember 2019-04-01 2020-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2019-04-01 2020-03-31 0001021162 tgi:NashvilleManufacturingOperationsMember 2019-04-01 2020-03-31 0001021162 tgi:CostOfSalesOrSellingGeneralAndAdministrativeMember 2019-04-01 2020-03-31 0001021162 us-gaap:WorkforceSubjectToCollectiveBargainingArrangementsMember us-gaap:UnionizedEmployeesConcentrationRiskMember 2019-04-01 2020-03-31 0001021162 us-gaap:WorkforceSubjectToCollectiveBargainingArrangementsExpiringWithinOneYearMember us-gaap:UnionizedEmployeesConcentrationRiskMember 2019-04-01 2020-03-31 0001021162 us-gaap:CorporateNonSegmentMember 2019-04-01 2020-03-31 0001021162 tgi:DepreciationandAmortizationMember 2019-04-01 2020-03-31 0001021162 tgi:InterestExpenseAndOtherMember 2019-04-01 2020-03-31 0001021162 us-gaap:BuildingAndBuildingImprovementsMember srt:MinimumMember 2019-04-01 2020-03-31 0001021162 us-gaap:MachineryAndEquipmentMember srt:MinimumMember 2019-04-01 2020-03-31 0001021162 tgi:FurnitureFixturesAndComputerEquipmentMember srt:MinimumMember 2019-04-01 2020-03-31 0001021162 srt:MaximumMember us-gaap:BuildingAndBuildingImprovementsMember 2019-04-01 2020-03-31 0001021162 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2019-04-01 2020-03-31 0001021162 srt:MaximumMember tgi:FurnitureFixturesAndComputerEquipmentMember 2019-04-01 2020-03-31 0001021162 us-gaap:NonUsMember 2019-04-01 2020-03-31 0001021162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-04-01 2020-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2020-03-31 0001021162 us-gaap:AccumulatedTranslationAdjustmentMember 2019-04-01 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2019-04-01 2020-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-04-01 2020-03-31 0001021162 tgi:RDCreditMember 2019-04-01 2020-03-31 0001021162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:TransferredOverTimeMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:TransferredAtPointInTimeMember 2019-04-01 2020-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:TransferredOverTimeMember 2019-04-01 2020-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:TransferredAtPointInTimeMember 2019-04-01 2020-03-31 0001021162 tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 us-gaap:RetainedEarningsMember 2019-04-01 2020-03-31 0001021162 tgi:MachiningMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember tgi:CommercialAerospaceMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember tgi:MilitaryMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember tgi:BusinessjetsMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember tgi:RegionalMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember tgi:NonaviationMember 2019-04-01 2020-03-31 0001021162 tgi:CommercialAerospaceMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 tgi:MilitaryMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 tgi:BusinessjetsMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 tgi:RegionalMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 tgi:NonaviationMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 srt:MinimumMember 2019-04-01 2020-03-31 0001021162 srt:MaximumMember 2019-04-01 2020-03-31 0001021162 us-gaap:OperatingIncomeLossMember 2019-04-01 2020-03-31 0001021162 tgi:IncomeLossNetMember 2019-04-01 2020-03-31 0001021162 tgi:EarningsLossPerShareMember 2019-04-01 2020-03-31 0001021162 tgi:TASNashvilleTNMember 2019-04-01 2020-03-31 0001021162 tgi:TASGrandPrairieTXMember 2019-04-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:OperatingSegmentsMember 2019-04-01 2020-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:OperatingSegmentsMember 2019-04-01 2020-03-31 0001021162 tgi:CorporateReconcilingItemsAndEliminationsMember 2019-04-01 2020-03-31 0001021162 tgi:TASGrandPrairieTXMember us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-04-01 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2019-04-01 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2019-04-01 2020-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember srt:MinimumMember 2019-04-01 2020-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember srt:MaximumMember 2019-04-01 2020-03-31 0001021162 tgi:BoeingMember us-gaap:AccountsReceivableMember us-gaap:CreditConcentrationRiskMember 2019-04-01 2020-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:AccountsReceivableMember tgi:GulfstreamMember 2019-04-01 2020-03-31 0001021162 us-gaap:AccountsReceivableMember tgi:BombardierMember us-gaap:CreditConcentrationRiskMember 2019-04-01 2020-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember 2019-04-01 2020-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember 2019-04-01 2020-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2019-04-01 2020-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2020-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2019-04-01 2020-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember tgi:SystemsAndSupportMember 2019-04-01 2020-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 us-gaap:CreditConcentrationRiskMember tgi:BoeingMember us-gaap:SalesRevenueProductLineMember tgi:SystemsAndSupportMember 2019-04-01 2020-03-31 0001021162 us-gaap:CreditConcentrationRiskMember tgi:BoeingMember us-gaap:SalesRevenueProductLineMember tgi:AerospaceStructuresMember 2019-04-01 2020-03-31 0001021162 us-gaap:LineOfCreditMember 2019-04-01 2020-03-31 0001021162 tgi:SeniorNotesDue2024Member 2019-04-01 2020-03-31 0001021162 tgi:SeniorNotesDue2025Member 2019-04-01 2020-03-31 0001021162 tgi:SeniorNotesDue2022Member 2019-04-01 2020-03-31 0001021162 us-gaap:LineOfCreditMember srt:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-04-01 2020-03-31 0001021162 us-gaap:LineOfCreditMember srt:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-04-01 2020-03-31 0001021162 tgi:ReceivableSecuritizationFacilityMember 2019-04-01 2020-03-31 0001021162 srt:ScenarioPreviouslyReportedMember 2020-03-31 0001021162 us-gaap:ChangeInAccountingPrincipleOtherMember 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2020-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2020-03-31 0001021162 tgi:AerospaceStructuresMember 2020-03-31 0001021162 tgi:SystemsAndSupportMember 2020-03-31 0001021162 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-03-31 0001021162 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-03-31 0001021162 2021-04-01 srt:MinimumMember 2020-03-31 0001021162 2023-04-01 srt:MinimumMember 2020-03-31 0001021162 2025-04-01 srt:MinimumMember 2020-03-31 0001021162 srt:MaximumMember 2020-04-01 2020-03-31 0001021162 srt:MaximumMember 2021-04-01 2020-03-31 0001021162 srt:MaximumMember 2023-04-01 2020-03-31 0001021162 us-gaap:LineOfCreditMember 2020-03-31 0001021162 tgi:ReceivableSecuritizationFacilityMember 2020-03-31 0001021162 us-gaap:CapitalLeaseObligationsMember 2020-03-31 0001021162 tgi:SeniorNotesDue2024Member 2020-03-31 0001021162 tgi:SeniorNotesDue2022Member 2020-03-31 0001021162 tgi:SeniorNotesDue2025Member 2020-03-31 0001021162 us-gaap:DomesticCountryMember 2020-03-31 0001021162 us-gaap:ForeignCountryMember 2020-03-31 0001021162 us-gaap:StateAndLocalJurisdictionMember 2020-03-31 0001021162 us-gaap:NonUsMember 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember srt:MinimumMember 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember srt:MaximumMember 2020-03-31 0001021162 us-gaap:FixedIncomeSecuritiesMember srt:MinimumMember 2020-03-31 0001021162 us-gaap:FixedIncomeSecuritiesMember srt:MaximumMember 2020-03-31 0001021162 tgi:AlternativeInvestmentsMember srt:MinimumMember 2020-03-31 0001021162 tgi:AlternativeInvestmentsMember srt:MaximumMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember srt:MinimumMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember srt:MaximumMember 2020-03-31 0001021162 2020-04-01 2020-03-31 0001021162 2021-04-01 2020-03-31 0001021162 2023-04-01 2020-03-31 0001021162 2025-04-01 2020-03-31 0001021162 us-gaap:TradeNamesMember 2020-03-31 0001021162 tgi:NonCompeteAgreementsAndOtherMember 2020-03-31 0001021162 us-gaap:LicensingAgreementsMember 2020-03-31 0001021162 us-gaap:CustomerRelationshipsMember 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember 2020-03-31 0001021162 us-gaap:FixedIncomeSecuritiesMember 2020-03-31 0001021162 tgi:AlternativeInvestmentsMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember 2020-03-31 0001021162 us-gaap:AccountingStandardsUpdate201602Member us-gaap:RetainedEarningsMember 2020-03-31 0001021162 us-gaap:AccountingStandardsUpdate201602Member 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2020-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanCashAndCashEquivalentsMember 2020-03-31 0001021162 tgi:InternationalEquitySecuritiesMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 tgi:InternationalEquitySecuritiesMember 2020-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 us-gaap:EquityFundsMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 us-gaap:EquityFundsMember 2020-03-31 0001021162 tgi:EquityFundsForeignMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 tgi:EquityFundsForeignMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanCorporateBondsMember us-gaap:FairValueInputsLevel2Member 2020-03-31 0001021162 tgi:DefinedBenefitPlanCorporateBondsMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanGovernmentSecuritiesMember us-gaap:FairValueInputsLevel2Member 2020-03-31 0001021162 tgi:DefinedBenefitPlanGovernmentSecuritiesMember 2020-03-31 0001021162 us-gaap:FixedIncomeFundsMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 us-gaap:FixedIncomeFundsMember 2020-03-31 0001021162 tgi:LifeInsuranceContractMember us-gaap:FairValueInputsLevel3Member 2020-03-31 0001021162 tgi:LifeInsuranceContractMember 2020-03-31 0001021162 tgi:USEquityCommingledfundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:InternationalEquityCommingledFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:USfixedincomecommingledfundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:InternationalFixedIncomeCommingledFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:GovernmentSecuritiesCommingledFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 us-gaap:PrivateEquityFundsMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2020-03-31 0001021162 tgi:CorporateReconcilingItemsAndEliminationsMember 2020-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:OperatingSegmentsMember 2020-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:OperatingSegmentsMember 2020-03-31 0001021162 tgi:InvestmentMeasuredAtNetAssetValueMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanReceivableMember 2020-03-31 0001021162 tgi:DefinedBenefitPlanPayableMember 2020-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel1Member 2020-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel2Member 2020-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel3Member 2020-03-31 0001021162 tgi:InvestmentMember 2020-03-31 0001021162 tgi:SeniorNotesDue2021Member 2020-03-31 0001021162 srt:ScenarioPreviouslyReportedMember 2019-03-31 0001021162 us-gaap:ChangeInAccountingPrincipleOtherMember 2019-03-31 0001021162 tgi:AerospaceStructuresMember 2019-03-31 0001021162 tgi:SystemsAndSupportMember 2019-03-31 0001021162 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-03-31 0001021162 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-03-31 0001021162 us-gaap:LineOfCreditMember 2019-03-31 0001021162 tgi:ReceivableSecuritizationFacilityMember 2019-03-31 0001021162 us-gaap:CapitalLeaseObligationsMember 2019-03-31 0001021162 tgi:SeniorNotesDue2021Member 2019-03-31 0001021162 tgi:SeniorNotesDue2022Member 2019-03-31 0001021162 tgi:SeniorNotesDue2025Member 2019-03-31 0001021162 us-gaap:NonUsMember 2019-03-31 0001021162 tgi:NonCompeteAgreementsAndOtherMember 2019-03-31 0001021162 us-gaap:LicensingAgreementsMember 2019-03-31 0001021162 us-gaap:CustomerRelationshipsMember 2019-03-31 0001021162 us-gaap:TradeNamesMember 2019-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember 2019-03-31 0001021162 us-gaap:FixedIncomeSecuritiesMember 2019-03-31 0001021162 tgi:AlternativeInvestmentsMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember 2019-03-31 0001021162 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember 2019-03-31 0001021162 us-gaap:AccountingStandardsUpdate201409Member 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2019-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2019-03-31 0001021162 us-gaap:DefinedBenefitPlanCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 us-gaap:DefinedBenefitPlanCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel2Member 2019-03-31 0001021162 us-gaap:DefinedBenefitPlanCashAndCashEquivalentsMember 2019-03-31 0001021162 tgi:InternationalEquitySecuritiesMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 tgi:InternationalEquitySecuritiesMember 2019-03-31 0001021162 us-gaap:DefinedBenefitPlanEquitySecuritiesMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 us-gaap:EquityFundsMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 us-gaap:EquityFundsMember 2019-03-31 0001021162 tgi:EquityFundsForeignMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 tgi:EquityFundsForeignMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanCorporateBondsMember us-gaap:FairValueInputsLevel2Member 2019-03-31 0001021162 tgi:DefinedBenefitPlanCorporateBondsMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanGovernmentSecuritiesMember us-gaap:FairValueInputsLevel2Member 2019-03-31 0001021162 tgi:DefinedBenefitPlanGovernmentSecuritiesMember 2019-03-31 0001021162 us-gaap:FixedIncomeFundsMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 us-gaap:FixedIncomeFundsMember 2019-03-31 0001021162 tgi:LifeInsuranceContractMember us-gaap:FairValueInputsLevel3Member 2019-03-31 0001021162 tgi:LifeInsuranceContractMember 2019-03-31 0001021162 tgi:USEquityCommingledfundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-03-31 0001021162 tgi:InternationalEquityCommingledFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-03-31 0001021162 tgi:USfixedincomecommingledfundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-03-31 0001021162 us-gaap:PrivateEquityFundsMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanOtherFundMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-03-31 0001021162 tgi:CorporateReconcilingItemsAndEliminationsMember 2019-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:OperatingSegmentsMember 2019-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:OperatingSegmentsMember 2019-03-31 0001021162 tgi:InvestmentMeasuredAtNetAssetValueMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanReceivableMember 2019-03-31 0001021162 tgi:DefinedBenefitPlanPayableMember 2019-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel1Member 2019-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel2Member 2019-03-31 0001021162 tgi:InvestmentMember us-gaap:FairValueInputsLevel3Member 2019-03-31 0001021162 tgi:InvestmentMember 2019-03-31 0001021162 srt:ScenarioPreviouslyReportedMember 2018-04-01 2019-03-31 0001021162 us-gaap:ChangeInAccountingPrincipleOtherMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccountingStandardsUpdate201409Member 2018-04-01 2019-03-31 0001021162 us-gaap:ForeignCountryMember 2018-04-01 2019-03-31 0001021162 us-gaap:DomesticCountryMember 2018-04-01 2019-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2018-04-01 2019-03-31 0001021162 us-gaap:NonUsMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccumulatedTranslationAdjustmentMember 2018-04-01 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2018-04-01 2019-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:TransferredOverTimeMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:TransferredAtPointInTimeMember 2018-04-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:TransferredOverTimeMember 2018-04-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:TransferredAtPointInTimeMember 2018-04-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 us-gaap:RetainedEarningsMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember tgi:CommercialAerospaceMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember tgi:MilitaryMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember tgi:BusinessjetsMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember tgi:RegionalMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember tgi:NonaviationMember 2018-04-01 2019-03-31 0001021162 tgi:CommercialAerospaceMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 tgi:MilitaryMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 tgi:BusinessjetsMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 tgi:RegionalMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 tgi:NonaviationMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 us-gaap:SalesRevenueNetMember 2018-04-01 2019-03-31 0001021162 us-gaap:OperatingIncomeLossMember 2018-04-01 2019-03-31 0001021162 tgi:IncomeLossNetMember 2018-04-01 2019-03-31 0001021162 tgi:EarningsLossPerShareMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:OperatingSegmentsMember 2018-04-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:OperatingSegmentsMember 2018-04-01 2019-03-31 0001021162 tgi:CorporateReconcilingItemsAndEliminationsMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccountingStandardsUpdate201707Member 2018-04-01 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2018-04-01 2019-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2018-04-01 2019-03-31 0001021162 tgi:BoeingMember us-gaap:AccountsReceivableMember us-gaap:CreditConcentrationRiskMember 2018-04-01 2019-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:AccountsReceivableMember tgi:GulfstreamMember 2018-04-01 2019-03-31 0001021162 us-gaap:AccountsReceivableMember tgi:BombardierMember us-gaap:CreditConcentrationRiskMember 2018-04-01 2019-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember 2018-04-01 2019-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember 2018-04-01 2019-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2018-04-01 2019-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2018-04-01 2019-03-31 0001021162 us-gaap:CommonStockMember 2018-04-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:GulfstreamMember 2018-04-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:GulfstreamMember 2018-04-01 2019-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember tgi:SystemsAndSupportMember 2018-04-01 2019-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember tgi:AerospaceStructuresMember 2018-04-01 2019-03-31 0001021162 srt:ScenarioPreviouslyReportedMember 2017-04-01 2018-03-31 0001021162 us-gaap:ChangeInAccountingPrincipleOtherMember 2017-04-01 2018-03-31 0001021162 us-gaap:ForeignCountryMember 2017-04-01 2018-03-31 0001021162 us-gaap:DomesticCountryMember 2017-04-01 2018-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2017-04-01 2018-03-31 0001021162 us-gaap:NonUsMember 2017-04-01 2018-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember us-gaap:ChangeInAccountingMethodAccountedForAsChangeInEstimateMember 2017-04-01 2018-03-31 0001021162 us-gaap:RetainedEarningsMember us-gaap:ChangeInAccountingMethodAccountedForAsChangeInEstimateMember 2017-04-01 2018-03-31 0001021162 us-gaap:RetainedEarningsMember 2017-04-01 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2017-04-01 2018-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2017-04-01 2018-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-04-01 2018-03-31 0001021162 us-gaap:OperatingIncomeLossMember 2017-04-01 2018-03-31 0001021162 tgi:IncomeLossNetMember 2017-04-01 2018-03-31 0001021162 tgi:EarningsLossPerShareMember 2017-04-01 2018-03-31 0001021162 tgi:SystemsAndSupportMember us-gaap:OperatingSegmentsMember 2017-04-01 2018-03-31 0001021162 tgi:AerospaceStructuresMember us-gaap:OperatingSegmentsMember 2017-04-01 2018-03-31 0001021162 tgi:CorporateReconcilingItemsAndEliminationsMember 2017-04-01 2018-03-31 0001021162 tgi:SystemsAndSupportMember 2017-04-01 2018-03-31 0001021162 tgi:AerospaceStructuresMember 2017-04-01 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2017-04-01 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2017-04-01 2018-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember srt:MinimumMember 2017-04-01 2018-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember srt:MaximumMember 2017-04-01 2018-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember 2017-04-01 2018-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember 2017-04-01 2018-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2017-04-01 2018-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2017-04-01 2018-03-31 0001021162 us-gaap:CommonStockMember 2017-04-01 2018-03-31 0001021162 tgi:GulfstreamMember us-gaap:SalesRevenueProductLineMember us-gaap:CreditConcentrationRiskMember tgi:SystemsAndSupportMember 2017-04-01 2018-03-31 0001021162 us-gaap:CreditConcentrationRiskMember tgi:AerospaceStructuresMember us-gaap:SalesRevenueProductLineMember tgi:GulfstreamMember 2017-04-01 2018-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember tgi:SystemsAndSupportMember 2017-04-01 2018-03-31 0001021162 us-gaap:CreditConcentrationRiskMember us-gaap:SalesRevenueProductLineMember tgi:BoeingMember tgi:AerospaceStructuresMember 2017-04-01 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MinimumMember 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:MaximumMember 2018-03-31 0001021162 tgi:ReceivableSecuritizationFacilityMember 2019-12-31 0001021162 tgi:NashvilleManufacturingOperationsMember 2020-03-01 2020-03-31 0001021162 tgi:FabricationsMember 2019-03-01 2019-03-31 0001021162 tgi:NAASMember 2019-03-01 2019-03-31 0001021162 tgi:MachiningMember 2019-03-01 2019-03-31 0001021162 tgi:Global7500Member 2019-02-01 2019-02-28 0001021162 tgi:TSLATPIMember 2018-07-01 2018-08-31 0001021162 tgi:TriumphStructuresLongIslandMember 2018-03-01 2018-03-31 0001021162 tgi:TriumphProcessingEmbeeDivisionMember 2017-09-01 2017-09-30 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2020-01-01 2020-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2020-01-01 2020-03-31 0001021162 us-gaap:CustomerRelationshipsMember 2020-01-01 2020-03-31 0001021162 us-gaap:LicensingAgreementsMember 2020-01-01 2020-03-31 0001021162 tgi:NonCompeteAgreementsAndOtherMember 2020-01-01 2020-03-31 0001021162 us-gaap:TradeNamesMember 2020-01-01 2020-03-31 0001021162 tgi:SystemsAndSupportMember 2020-01-01 2020-03-31 0001021162 tgi:AerospaceStructuresMember 2020-01-01 2020-03-31 0001021162 us-gaap:IntersegmentEliminationMember 2020-01-01 2020-03-31 0001021162 us-gaap:CorporateNonSegmentMember 2020-01-01 2020-03-31 0001021162 us-gaap:TradeNamesMember 2019-01-01 2019-03-31 0001021162 us-gaap:CustomerRelationshipsMember 2019-01-01 2019-03-31 0001021162 us-gaap:LicensingAgreementsMember 2019-01-01 2019-03-31 0001021162 tgi:NonCompeteAgreementsAndOtherMember 2019-01-01 2019-03-31 0001021162 tgi:SystemsAndSupportMember 2019-01-01 2019-03-31 0001021162 tgi:AerospaceStructuresMember 2019-01-01 2019-03-31 0001021162 us-gaap:IntersegmentEliminationMember 2019-01-01 2019-03-31 0001021162 us-gaap:CorporateNonSegmentMember 2019-01-01 2019-03-31 0001021162 us-gaap:LineOfCreditMember 2019-09-23 0001021162 us-gaap:LineOfCreditMember 2021-05-03 0001021162 us-gaap:LineOfCreditMember srt:ScenarioForecastMember 2019-09-23 2024-03-15 0001021162 us-gaap:LineOfCreditMember 2020-05-26 2020-05-26 0001021162 tgi:SeniorNotesDue2021Member 2019-10-23 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2017-11-01 2017-11-30 0001021162 srt:ScenarioForecastMember 2021-03-31 0001021162 srt:ScenarioForecastMember 2022-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:ScenarioForecastMember srt:MinimumMember 2020-04-01 2021-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember srt:ScenarioForecastMember srt:MaximumMember 2020-04-01 2021-03-31 0001021162 tgi:SystemsAndSupportMember 2019-04-01 2019-06-30 0001021162 tgi:AerospaceStructuresMember 2019-04-01 2019-06-30 0001021162 us-gaap:IntersegmentEliminationMember 2019-04-01 2019-06-30 0001021162 us-gaap:CorporateNonSegmentMember 2019-04-01 2019-06-30 0001021162 tgi:SystemsAndSupportMember 2019-07-01 2019-09-30 0001021162 tgi:AerospaceStructuresMember 2019-07-01 2019-09-30 0001021162 us-gaap:IntersegmentEliminationMember 2019-07-01 2019-09-30 0001021162 us-gaap:CorporateNonSegmentMember 2019-07-01 2019-09-30 0001021162 tgi:SystemsAndSupportMember 2019-10-01 2019-12-31 0001021162 tgi:AerospaceStructuresMember 2019-10-01 2019-12-31 0001021162 us-gaap:IntersegmentEliminationMember 2019-10-01 2019-12-31 0001021162 us-gaap:CorporateNonSegmentMember 2019-10-01 2019-12-31 0001021162 tgi:SystemsAndSupportMember 2018-04-01 2018-06-30 0001021162 tgi:AerospaceStructuresMember 2018-04-01 2018-06-30 0001021162 us-gaap:IntersegmentEliminationMember 2018-04-01 2018-06-30 0001021162 us-gaap:CorporateNonSegmentMember 2018-04-01 2018-06-30 0001021162 tgi:SystemsAndSupportMember 2018-07-01 2018-09-30 0001021162 tgi:AerospaceStructuresMember 2018-07-01 2018-09-30 0001021162 us-gaap:IntersegmentEliminationMember 2018-07-01 2018-09-30 0001021162 us-gaap:CorporateNonSegmentMember 2018-07-01 2018-09-30 0001021162 tgi:SystemsAndSupportMember 2018-10-01 2018-12-31 0001021162 tgi:AerospaceStructuresMember 2018-10-01 2018-12-31 0001021162 us-gaap:IntersegmentEliminationMember 2018-10-01 2018-12-31 0001021162 us-gaap:CorporateNonSegmentMember 2018-10-01 2018-12-31 0001021162 us-gaap:CommonStockMember 2020-12-17 2020-12-17 0001021162 tgi:PurchaseRightsMember 2020-12-17 2020-12-17 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2019-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2020-03-31 0001021162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-03-31 0001021162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2020-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-03-31 0001021162 us-gaap:AccumulatedTranslationAdjustmentMember 2020-03-31 0001021162 us-gaap:CommonStockMember 2020-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2020-03-31 0001021162 us-gaap:RetainedEarningsMember 2020-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2018-03-31 0001021162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2018-03-31 0001021162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0001021162 us-gaap:AccumulatedTranslationAdjustmentMember 2018-03-31 0001021162 us-gaap:PensionPlansDefinedBenefitMember 2018-03-31 0001021162 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-03-31 0001021162 tgi:SystemsAndSupportMember 2018-03-31 0001021162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-03-31 0001021162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0001021162 us-gaap:AccumulatedTranslationAdjustmentMember 2019-03-31 0001021162 us-gaap:CommonStockMember 2019-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2019-03-31 0001021162 us-gaap:RetainedEarningsMember 2019-03-31 0001021162 us-gaap:CommonStockMember 2017-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2017-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2017-03-31 0001021162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-03-31 0001021162 us-gaap:RetainedEarningsMember 2017-03-31 0001021162 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2017-03-31 0001021162 us-gaap:CommonStockMember 2018-03-31 0001021162 us-gaap:AdditionalPaidInCapitalMember 2018-03-31 0001021162 us-gaap:TreasuryStockCommonMember 2018-03-31 0001021162 us-gaap:RetainedEarningsMember 2018-03-31 iso4217:USD utr:Year xbrli:shares xbrli:pure utr:Day iso4217:USD xbrli:shares tgi:Segment
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 
8-K/A
 
(Amendment No. 1)
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
December 17, 2020
 
 
TRIUMPH GROUP, INC.
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
 
1-12235
 
51-0347963
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
899 Cassatt Road
,
Suite 210
,
Berwyn
,
Pennsylvania
 
19312
(Address of principal executive offices)
 
(Zip Code)
(
610
)
251-1000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the
Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to
Rule 14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
Pre-commencement
communications pursuant to
Rule 14d-2(b) under
the Exchange Act (17 CFR
240.14d-2(b))
 
Pre-commencement
communications pursuant to
Rule 13e-4(c) under
the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock, par value $.001 per share
 
TGI
 
New York Stock Exchange
Purchase Rights
   
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company  ☐
If an emerging growth company,
indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 
 
 

Explanatory Note
Triumph Group, Inc. (the “Company”) is filing this Amendment No. 1 on Form 8-K/A (this “Amendment”) to amend its Current Report on Form 8-K which was originally filed with the Securities and Exchange Commission on December 17, 2020 (the “Original Form 8-K”). Under Item 9.01 of the Original Form 8-K, the Company stated in Exhibit 99.3 that the interactive data file would be required within six business days. This Amendment No. 1 includes the interactive data file as required by Regulation S-T. This Amendment No. 1 does not modify or update Form 8-K information filed on December 17, 2020 in any way, nor does it reflect any subsequent information or events, other than to address the temporary hardship exemption provided by Rule 201 of Regulation S-T.
 
Item 8.01
Other Events.
Effective April 1,
2020
, the
Company
changed its method of accounting for the determination of the market-related value of assets (“
MRVA
”) for a class of assets (fixed income securities) within the qualified U.S. defined benefit plan (the “Plan”) which is used in determining the expected return on asset component of net periodic benefit income. This class of assets is comprised solely of the fixed income securities asset class held in the portfolio for the Plan, which provides a natural hedge (liability-hedging assets) against the changes in the recorded amount of net periodic pension cost.
The Company’s previous method of accounting was to calculate the MRVA for all the Plan’s assets recognizing investment gains and losses into the MRVA over a five-year period. The Company has changed its method of accounting and elected to use the fair value of our fixed income securities, which represent approximately 44% of the Plan’s assets, to determine the MRVA beginning in the second quarter of fiscal 2021. This change in accounting principle is preferable as it results in an expected return on asset component of net periodic benefit income that more accurately reflects the changes in the fair values of the fixed income securities. No change is being made to the accounting principle for the other classes of pension assets, which represent the remaining 56% of the pension asset portfolio for the Plan. The gains and losses for these other plan assets will continue to be amortized into the MRVA over a five-year period.
The change in accounting principle requires retrospective application and prospective disclosure.
The Company is filing this Current Report on Form
8-K
to recast certain financial and related information included in Triumph Group, Inc.’s Annual Report on Form
10-K
for the fiscal year ended March 31, 2020, (FY 2020 Form
10-K)
and on Quarterly Report on Form
10-Q
for the quarterly period ended June 30, 2020, (Q1 FY 2021 Form
10-Q)
to reflect the new accounting method.
In Exhibit 99.1 to this Report, the Company has updated the following items contained in the FY 2020 Form
10-K:
 
   
Part II, Item 6. Selected Financial Data
 
   
Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
 
   
Part II, Item 8. Financial Statements and Supplementary Data, including Report of Independent Registered Public Accounting Firm (on the Company’s Consolidated Financial Statements)
In Exhibit 99.2 to this Report, the Company has updated the following items contained in the Q1 FY 2021 Form
10-Q:
 
   
Part I, Item 1. Financial Statements (Unaudited)
 
   
Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
This Report does not reflect events occurring after the May 28, 2020, filing date of the FY 2020 Form
10-K
and does not modify or update the disclosures therein except to present the new operating structure. For developments since the filing of the FY 2020 Form
10-K,
refer to the Company’s Quarterly Reports on Form
10-Q
for the quarters ended June 30, 2020 and September 30, 2020, and its Current Reports on Form
8-K
filed subsequent to the FY 2020 Form
10-K.
 
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
 
Exhibit No.
  
Description
23.1
  
   
99.1
  
   
 
  
Revised Part II, Item 6. Selected Financial Data
Revised Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Revised Part II, Item 8. Financial Statements and Supplementary Data, including Report of Independent Registered Public Accounting Firm (on the Company’s Consolidated Financial Statements)
   
99.2
  
   
 
  
Revised Part I, Item 1. Financial Statements (Unaudited)
Revised Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Revised Part II, Item 8. Financial Statements and Supplementary Data, including Report of Independent Registered Public Accounting Firm (on the Company’s Consolidated Financial Statements)
   
104.1
  
Cover Page Interactive Data File (embedded within the Inline XBRL document)

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: December 23, 2020
 
 
 
TRIUMPH GROUP, INC.
       
 
 
 
 
By:
 
/s/ Thomas A. Quigley, III
 
 
 
 
 
 
Thomas A. Quigley, III
 
 
 
 
 
 
Vice President, Investor Relations and Controller
Triumph (NYSE:TGI)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Triumph Charts.
Triumph (NYSE:TGI)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Triumph Charts.