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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-7.875% SENIOR NOTES (Tables) (7.875% senior secured notes [Member])
3 Months Ended
Mar. 31, 2012
7.875% senior secured notes [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
For the Three Months Ended March 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
366,181

 
$
96,907

 
$
—

 
$
463,088

Cost of sales
302

 
280,031

 
89,392

 
—

 
369,725

Gross profit (loss)
(302
)
 
86,150

 
7,515

 
—

 
93,363

Selling, general and administrative expenses
10,587

 
15,157

 
5,091

 
—

 
30,835

Research and development expenses
124

 
1,232

 
152

 
—

 
1,508

Royalty expense
—

 
1,693

 
656

 
—

 
2,349

Income (loss) from operations
(11,013
)
 
68,068

 
1,616

 
—

 
58,671

Interest expense
(6,062
)
 
—

 
(233
)
 
—

 
(6,295
)
Other income
2,174

 
314

 
623

 
—

 
3,111

Income (loss) before income taxes
(14,901
)
 
68,382

 
2,006

 
—

 
55,487

Provision (benefit) for income taxes
(6,952
)
 
25,114

 
1,931

 
—

 
20,093

Equity in earnings of subsidiaries
43,343

 
—

 
32,552

 
(75,895
)
 
—

Net income (loss)
35,394

 
43,268

 
32,627

 
(75,895
)
 
35,394

Net loss noncontrolling interests
—

 
—

 
—

 
(25
)
 
(25
)
Net income (loss) attributable to Titan
$
35,394

 
$
43,268

 
$
32,627

 
$
(75,870
)
 
$
35,419

 
(Amounts in thousands)
Consolidating Condensed Statements of Operations
For the Three Months Ended March 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
274,961

 
$
5,868

 
$
—

 
$
280,829

Cost of sales
361

 
217,995

 
6,201

 
—

 
224,557

Gross profit (loss)
(361
)
 
56,966

 
(333
)
 
—

 
56,272

Selling, general and administrative expenses
15,405

 
2,649

 
7,239

 
—

 
25,293

Research and development expenses
—

 
1,183

 
—

 
—

 
1,183

Royalty expense
—

 
2,917

 
—

 
—

 
2,917

Income (loss) from operations
(15,766
)
 
50,217

 
(7,572
)
 
—

 
26,879

Interest expense
(6,280
)
 
—

 
—

 
—

 
(6,280
)
Noncash convertible debt conversion charge
(16,135
)
 
—

 
—

 
—

 
(16,135
)
Other income (expense)
317

 
(235
)
 
111

 
—

 
193

Income (loss) before income taxes
(37,864
)
 
49,982

 
(7,461
)
 
—

 
4,657

Provision (benefit) for income taxes
(8,039
)
 
18,493

 
(2,761
)
 
—

 
7,693

Equity in earnings of subsidiaries
26,789

 
—

 
—

 
(26,789
)
 
—

Net income (loss)
$
(3,036
)
 
$
31,489

 
$
(4,700
)
 
$
(26,789
)
 
$
(3,036
)


Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Statements of Comprehensive Income
For the Three Months Ended March 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net income (loss)
$
35,394

 
$
43,268

 
$
32,627

 
$
(75,895
)
 
$
35,394

Unrealized gain (loss) on investments, net of tax
5,917

 
—

 
5,917

 
(5,917
)
 
5,917

Currency translation adjustment
3,567

 
—

 
3,567

 
(3,567
)
 
3,567

Pension liability adjustments, net of tax
836

 
790

 
46

 
(836
)
 
836

Comprehensive income (loss)
45,714

 
44,058

 
42,157

 
(86,215
)
 
45,714

Net comprehensive loss attributable to noncontrolling interests
—

 
—

 
—

 
(25
)
 
(25
)
Comprehensive income (loss) attributable to Titan
$
45,714

 
$
44,058

 
$
42,157

 
$
(86,190
)
 
$
45,739



(Amounts in thousands)
Consolidating Condensed Statements of Comprehensive Income
For the Three Months Ended March 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net income (loss)
$
(3,036
)
 
$
31,489

 
$
(4,700
)
 
$
(26,789
)
 
$
(3,036
)
Unrealized gain (loss) on investments, net of tax
(993
)
 
—

 
(993
)
 
993

 
(993
)
Currency translation adjustment
—

 
—

 
—

 
—

 
—

Pension liability adjustments, net of tax
593

 
553

 
40

 
(593
)
 
593

Comprehensive income (loss)
(3,436
)
 
32,042

 
(5,653
)
 
(26,389
)
 
(3,436
)
Net comprehensive loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Titan
$
(3,436
)
 
$
32,042

 
$
(5,653
)
 
$
(26,389
)
 
$
(3,436
)
Condensed Financial Information, Condensed Balance Sheet [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Balance Sheets
March 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
116,518

 
$
4

 
$
12,786

 
$
—

 
$
129,308

Accounts receivable
—

 
189,351

 
56,597

 
—

 
245,948

Inventories
—

 
166,077

 
48,077

 
—

 
214,154

Prepaid and other current assets
33,400

 
17,182

 
15,044

 
—

 
65,626

Total current assets
149,918

 
372,614

 
132,504

 
—

 
655,036

Property, plant and equipment, net
8,805

 
202,722

 
122,391

 
—

 
333,918

Investment in subsidiaries
220,693

 
—

 
41,516

 
(262,209
)
 
—

Other assets
44,910

 
1,403

 
63,932

 
—

 
110,245

Total assets
$
424,326

 
$
576,739

 
$
360,343

 
$
(262,209
)
 
$
1,099,199

Liabilities and Stockholders’ Equity
 

 
 

 
 

 
 

 
 

Accounts payable
$
1,084

 
$
51,531

 
$
60,051

 
$
—

 
$
112,666

Other current liabilities
1,893

 
69,119

 
28,469

 
—

 
99,481

Total current liabilities
2,977

 
120,650

 
88,520

 
—

 
212,147

Long-term debt
312,881

 
—

 
5,000

 
—

 
317,881

Other long-term liabilities
37,072

 
37,460

 
50,951

 
—

 
125,483

Intercompany accounts
(370,677
)
 
70,730

 
299,947

 
—

 
—

Titan stockholders' equity
442,073

 
347,899

 
(84,075
)
 
(263,824
)
 
442,073

Noncontrolling interests
—

 
—

 
—

 
1,615

 
1,615

Total liabilities and stockholders’ equity
$
424,326

 
$
576,739

 
$
360,343

 
$
(262,209
)
 
$
1,099,199

 

(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

 
$
4

 
$
3,900

 
$
—

 
$
129,170

Accounts receivable
—

 
133,320

 
56,207

 
—

 
189,527

Inventories
—

 
144,511

 
46,361

 
—

 
190,872

Prepaid and other current assets
27,251

 
15,385

 
12,388

 
—

 
55,024

Total current assets
152,517

 
293,220

 
118,856

 
—

 
564,593

Property, plant and equipment, net
9,562

 
205,027

 
120,153

 
—

 
334,742

Investment in subsidiaries
184,307

 
—

 
—

 
(184,307
)
 
—

Other assets
44,918

 
1,454

 
64,579

 
—

 
110,951

Total assets
$
391,304

 
$
499,701

 
$
303,588

 
$
(184,307
)
 
$
1,010,286

Liabilities and Stockholders’ Equity
 

 
 

 
 

 
 

 
 

Short-term debt
$
—


$
—


$
11,723


$
—

 
$
11,723

Accounts payable
930

 
33,070

 
42,574

 
—

 
76,574

Other current liabilities
22,687

 
39,104

 
25,678

 
—

 
87,469

Total current liabilities
23,617

 
72,174

 
79,975

 
—

 
175,766

Long-term debt
312,881

 
—

 
5,000

 
—

 
317,881

Other long-term liabilities
29,267

 
38,125

 
52,368

 
—

 
119,760

Intercompany accounts
(369,700
)
 
85,560

 
284,140

 
—

 
—

Titan stockholders' equity
395,239

 
303,842

 
(117,895
)
 
(185,947
)
 
395,239

Noncontrolling interests
—

 
—

 
—

 
1,640

 
1,640

Total liabilities and stockholders’ equity
$
391,304

 
$
499,701

 
$
303,588

 
$
(184,307
)
 
$
1,010,286

Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
For the Three Months Ended March 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
(7,535
)
 
$
6,025

 
$
22,158

 
$
20,648

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(1,378
)
 
(6,046
)
 
(731
)
 
(8,155
)
Other, net
—

 
21

 
87

 
108

Net cash used for investing activities
(1,378
)
 
(6,025
)
 
(644
)
 
(8,047
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Payment on debt
—

 
—

 
(12,444
)
 
(12,444
)
Proceeds from exercise of stock options
370

 
—

 
—

 
370

Excess tax benefit from stock options exercised
6

 
—

 
—

 
6

Dividends paid
(211
)
 
—

 
—

 
(211
)
Net cash provided by (used for) financing activities
165

 
—

 
(12,444
)
 
(12,279
)
Effect of exchange rate change on cash
—

 
—

 
(184
)
 
(184
)
Net increase (decrease) in cash and cash equivalents
(8,748
)
 
—

 
8,886

 
138

Cash and cash equivalents, beginning of period
125,266

 
4

 
3,900

 
129,170

Cash and cash equivalents, end of period
$
116,518

 
$
4

 
$
12,786

 
$
129,308

 
(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
For the Three Months Ended March 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by operating activities
$
(8,115
)
 
$
2,487

 
$
33

 
$
(5,595
)
Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(312
)
 
(3,100
)
 
(57
)
 
(3,469
)
Other, net
—

 
614

 
9

 
623

Net cash used for investing activities
(312
)
 
(2,486
)
 
(48
)
 
(2,846
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Repurchase of senior unsecured notes
(1,064
)
 
—

 
—

 
(1,064
)
Proceeds from exercise of stock options
230

 
—

 
—

 
230

Dividends paid
(177
)
 
—

 
—

 
(177
)
Net cash used for financing activities
(1,011
)
 
—

 
—

 
(1,011
)
Net increase (decrease) in cash and cash equivalents
(9,438
)
 
1

 
(15
)
 
(9,452
)
Cash and cash equivalents, beginning of period
239,362

 
3

 
135

 
239,500

Cash and cash equivalents, end of period
$
229,924

 
$
4

 
$
120

 
$
230,048