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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-5.625% CONVERTIBLE NOTES (Tables) (Convertible Senior Subordinated Notes 5.625 Percent [Member])
12 Months Ended
Dec. 31, 2011
Convertible Senior Subordinated Notes 5.625 Percent [Member]
 
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Information, Condensed Statement of Operations [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Statements of Operations
Year Ended December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
1,195,707

 
$
291,291

 
$
—

 
$
1,486,998

Cost of sales
1,276

 
984,289

 
269,325

 
—

 
1,254,890

Gross profit (loss)
(1,276
)
 
211,418

 
21,966

 
—

 
232,108

Selling, general and administrative expenses
30,936

 
10,648

 
44,333

 
—

 
85,917

Research and development expenses
87

 
4,141

 
—

 
—

 
4,228

Royalty expense
—

 
7,997

 
1,793

 
—

 
9,790

Income (loss) from operations
(32,299
)
 
188,632

 
(24,160
)
 
—

 
132,173

Interest expense
(24,489
)
 
—

 
(770
)
 
—

 
(25,259
)
Noncash convertible debt conversion charge
(16,135
)
 
—

 
—

 
—

 
(16,135
)
Other income (expense)
5,456

 
(127
)
 
(213
)
 
—

 
5,116

Income (loss) before income taxes
(67,467
)
 
188,505

 
(25,143
)
 
—

 
95,895

Provision (benefit) for income taxes
(17,294
)
 
63,527

 
(8,474
)
 
—

 
37,759

Equity in earnings of subsidiaries
108,309

 
—

 
—

 
(108,309
)
 
—

Net income (loss)
58,136

 
124,978

 
(16,669
)
 
(108,309
)
 
58,136

Net loss noncontrolling interests
—

 
—

 
—

 
(16
)
 
(16
)
Net income (loss) attributable to Titan
$
58,136

 
$
124,978

 
$
(16,669
)
 
$
(108,293
)
 
$
58,152



(Amounts in thousands)
Consolidating Condensed Statements of Operations
Year Ended December 31, 2010
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
881,591

 
$
—

 
$
—

 
$
881,591

Cost of sales
2,340

 
773,396

 
1,765

 
—

 
777,501

Gross profit (loss)
(2,340
)
 
108,195

 
(1,765
)
 
—

 
104,090

Selling, general and administrative expenses
27,400

 
8,790

 
21,375

 
—

 
57,565

Research and development expenses
—

 
6,317

 
—

 
—

 
6,317

Royalty expense
—

 
9,263

 
—

 
—

 
9,263

Income (loss) from operations
(29,740
)
 
83,825

 
(23,140
)
 
—

 
30,945

Interest expense
(26,667
)
 
—

 
—

 
—

 
(26,667
)
Loss on note repurchase
(14,573
)
 
—

 
—

 
—

 
(14,573
)
Other income
921

 
49

 
135

 
—

 
1,105

Income (loss) before income taxes
(70,059
)
 
83,874

 
(23,005
)
 
—

 
(9,190
)
Provision (benefit) for income taxes
(31,409
)
 
38,463

 
(10,318
)
 
—

 
(3,264
)
Equity in earnings of subsidiaries
32,724

 
—

 
—

 
(32,724
)
 
—

Net income (loss)
$
(5,926
)
 
$
45,411

 
$
(12,687
)
 
$
(32,724
)
 
$
(5,926
)

(Amounts in thousands)
Consolidating Condensed Statements of Operations
Year Ended December 31, 2009
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
727,599

 
$
—

 
$
—

 
$
727,599

Cost of sales
(6
)
 
669,561

 
2,079

 
—

 
671,634

Gross profit (loss)
6

 
58,038

 
(2,079
)
 
—

 
55,965

Selling, general and administrative expenses
16,549

 
10,321

 
19,864

 
—

 
46,734

Research and development expenses
67

 
8,783

 
—

 
—

 
8,850

Royalty expense
—

 
7,573

 
—

 
—

 
7,573

Noncash goodwill impairment charge
—

 
—

 
11,702

 
—

 
11,702

Income (loss) from operations
(16,610
)
 
31,361

 
(33,645
)
 
—

 
(18,894
)
Interest expense
(16,246
)
 
—

 
—

 
—

 
(16,246
)
Gain on note repurchase
1,398

 
—

 
—

 
—

 
1,398

Other income
1,452

 
125

 
163

 
—

 
1,740

Income (loss) before income taxes
(30,006
)
 
31,486

 
(33,482
)
 
—

 
(32,002
)
Provision (benefit) for income taxes
(6,897
)
 
7,238

 
(7,698
)
 
—

 
(7,357
)
Equity in earnings of subsidiaries
(1,536
)
 
—

 
—

 
1,536

 
—

Net income (loss)
$
(24,645
)
 
$
24,248

 
$
(25,784
)
 
$
1,536

 
$
(24,645
)
Condensed Financial Information, Condensed Balance Sheet [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Balance Sheets
December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
125,266

 
$
6

 
$
3,898

 
$
—

 
$
129,170

Accounts receivable
—

 
137,226

 
52,301

 
—

 
189,527

Inventories
—

 
162,134

 
28,738

 
—

 
190,872

Prepaid and other current assets
27,251

 
15,490

 
12,283

 
—

 
55,024

Total current assets
152,517

 
314,856

 
97,220

 
—

 
564,593

Property, plant and equipment, net
9,562

 
219,734

 
105,446

 
—

 
334,742

Investment in subsidiaries
184,317

 
—

 
—

 
(184,317
)
 
—

Other assets
44,918

 
1,454

 
64,579

 
—

 
110,951

Total assets
$
391,314

 
$
536,044

 
$
267,245

 
$
(184,317
)
 
$
1,010,286

Liabilities and Stockholders’ Equity
 

 
 

 
 

 
 

 
 

Short-term debt
$
—

 
$
—

 
$
11,723

 
$
—

 
$
11,723

Accounts payable
930

 
33,563

 
42,081

 
—

 
76,574

Other current liabilities
22,687

 
39,457

 
25,325

 
—

 
87,469

Total current liabilities
23,617

 
73,020

 
79,129

 
—

 
175,766

Long-term debt
312,881

 
—

 
5,000

 
—

 
317,881

Other long-term liabilities
29,267

 
38,187

 
52,306

 
—

 
119,760

Intercompany accounts
(369,690
)
 
157,264

 
212,426

 
—

 
—

Titan stockholders' equity
395,239

 
267,573

 
(81,616
)
 
(185,957
)
 
395,239

Noncontrolling interests
—

 
—

 
—

 
1,640

 
1,640

Total liabilities and stockholders’ equity
$
391,314

 
$
536,044

 
$
267,245

 
$
(184,317
)
 
$
1,010,286

(Amounts in thousands)
Consolidating Condensed Balance Sheets
December 31, 2010
 
Titan
Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
239,362

 
$
6

 
$
132

 
$
—

 
$
239,500

Accounts receivable
—

 
89,004

 
—

 
—

 
89,004

Inventories
—

 
118,143

 
—

 
—

 
118,143

Prepaid and other current assets
17,981

 
16,240

 
482

 
—

 
34,703

Total current assets
257,343

 
223,393

 
614

 
—

 
481,350

Property, plant and equipment, net
7,678

 
235,143

 
5,233

 
—

 
248,054

Investment in subsidiaries
42,541

 
—

 
—

 
(42,541
)
 
—

Other assets
22,183

 
869

 
28,424

 
—

 
51,476

Total assets
$
329,745

 
$
459,405

 
$
34,271

 
$
(42,541
)
 
$
780,880

Liabilities and Stockholders’ Equity
 

 
 

 
 

 
 

 
 

Accounts payable
$
1,406

 
$
33,473

 
$
402

 
$
—

 
$
35,281

Other current liabilities
16,066

 
39,186

 
1,820

 
—

 
57,072

Total current liabilities
17,472

 
72,659

 
2,222

 
—

 
92,353

Long-term debt
373,564

 
—

 
—

 
—

 
373,564

Other long-term liabilities
8,855

 
28,083

 
5,994

 
—

 
42,932

Intercompany accounts
(342,177
)
 
165,269

 
176,908

 
—

 
—

Stockholders’ equity
272,031

 
193,394

 
(150,853
)
 
(42,541
)
 
272,031

Total liabilities and stockholders’ equity
$
329,745

 
$
459,405

 
$
34,271

 
$
(42,541
)
 
$
780,880

Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
(12,391
)
 
$
17,958

 
$
(1,141
)
 
$
4,426

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(3,530
)
 
(19,721
)
 
(12,493
)
 
(35,744
)
Acquisitions, net of cash acquired
(99,118
)
 
—

 
—

 
(99,118
)
Purchases of marketable securities
(30,000
)
 
—

 
—

 
(30,000
)
Sales of marketable securities
31,586

 
—

 
—

 
31,586

Other, net
—

 
1,763

 
710

 
2,473

Net cash used for investing activities
(101,062
)
 
(17,958
)
 
(11,783
)
 
(130,803
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Repurchase of senior unsecured notes
(1,064
)
 
—

 
—

 
(1,064
)
Payment on debt
—

 
—

 
(8,856
)
 
(8,856
)
Term loan borrowing
—

 
—

 
25,879

 
25,879

Proceeds from exercise of stock options
524

 
—

 
—

 
524

Excess tax benefit from stock options exercised
706

 
—

 
—

 
706

Dividends paid
(809
)
 
—

 
—

 
(809
)
Net cash provided by (used for) financing activities
(643
)
 
—

 
17,023

 
16,380

Effect of exchange rate change on cash
—

 
—

 
(333
)
 
(333
)
Net increase (decrease) in cash and cash equivalents
(114,096
)
 
—

 
3,766

 
(110,330
)
Cash and cash equivalents, beginning of period
239,362

 
6

 
132

 
239,500

Cash and cash equivalents, end of period
$
125,266

 
$
6

 
$
3,898

 
$
129,170



(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2010
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
28,158

 
$
22,036

 
$
517

 
$
50,711

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(6,155
)
 
(22,123
)
 
(576
)
 
(28,854
)
Other, net
—

 
82

 
24

 
106

Net cash used for investing activities
(6,155
)
 
(22,041
)
 
(552
)
 
(28,748
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Proceeds from borrowings
200,000

 
—

 
—

 
200,000

Repurchase of senior notes
(206,166
)
 
—

 
—

 
(206,166
)
Proceeds from exercise of stock options
285

 
—

 
—

 
285

Payment of financing fees
(5,057
)
 
—

 
—

 
(5,057
)
Dividends paid
(707
)
 
—

 
—

 
(707
)
Net cash used for financing activities
(11,645
)
 
—

 
—

 
(11,645
)
Net increase (decrease) in cash and cash equivalents
10,358

 
(5
)
 
(35
)
 
10,318

Cash and cash equivalents, beginning of period
229,004

 
11

 
167

 
229,182

Cash and cash equivalents, end of period
$
239,362

 
$
6

 
$
132

 
$
239,500

 

(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2009
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
36,592

 
$
36,248

 
$
(527
)
 
$
72,313

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(2,704
)
 
(36,322
)
 
(511
)
 
(39,537
)
Acquisition of shares of Titan Europe Plc
—

 
—

 
(2,399
)
 
(2,399
)
Other, net
—

 
25

 
1,017

 
1,042

Net cash used for investing activities
(2,704
)
 
(36,297
)
 
(1,893
)
 
(40,894
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Proceeds from borrowings
172,500

 
—

 
—

 
172,500

Repurchase of senior notes
(4,726
)
 
—

 
—

 
(4,726
)
Payment on revolving credit facility, net
(25,000
)
 
—

 
—

 
(25,000
)
Proceeds from exercise of stock options
1,142

 
—

 
—

 
1,142

Payment of financing fees
(7,107
)
 
—

 
—

 
(7,107
)
Dividends paid
(704
)
 
—

 
—

 
(704
)
Net cash provided by financing activities
136,105

 
—

 
—

 
136,105

Net increase (decrease) in cash and cash equivalents
169,993

 
(49
)
 
(2,420
)
 
167,524

Cash and cash equivalents, beginning of period
59,011

 
60

 
2,587

 
61,658

Cash and cash equivalents, end of period
$
229,004

 
$
11

 
$
167

 
$
229,182