SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-7.875% SENIOR NOTES (Tables) (7.875% senior secured notes [Member])

3 Months Ended

6 Months Ended

Jun. 30, 2012

Jun. 30, 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 June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	367,300	$	91,933		$	—		$	459,233
Cost of sales	257			292,357		84,533			—			377,147
Gross profit (loss)	(257		)	74,943		7,400			—			82,086
Selling, general and administrative expenses	3,396			14,521		5,493			—			23,410
Research and development expenses	48			1,074		67			—			1,189
Royalty expense	—			1,779		873			—			2,652
Supply agreement termination income	—			—		(26,134		)	—			(26,134		)
Income (loss) from operations	(3,701		)	57,569		27,101			—			80,969
Interest expense	(6,045		)	—		(172		)	—			(6,217		)
Other income	283			134		196			—			613
Income (loss) before income taxes	(9,463		)	57,703		27,125			—			75,365
Provision (benefit) for income taxes	1,884			18,740		10,416			—			31,040
Equity in earnings of subsidiaries	55,672			—		27,074			(82,746		)	—
Net income (loss)	44,325			38,963		43,783			(82,746		)	44,325
Net income noncontrolling interests	—			—		—			269			269
Net income (loss) attributable to Titan	$	44,325		$	38,963	$	43,783		$	(83,015	)	$	44,056

(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Three Months Ended June 30, 2011
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	304,400		$	100,047		$	—		$	404,447
Cost of sales	541			248,556			91,016			—			340,113
Gross profit (loss)	(541		)	55,844			9,031			—			64,334
Selling, general and administrative expenses	4,551			2,357			9,665			—			16,573
Research and development expenses	4			1,003			7			—			1,014
Royalty expense	—			1,767			583			—			2,350
Income (loss) from operations	(5,096		)	50,717			(1,224		)	—			44,397
Interest expense	(6,032		)	—			(117		)	—			(6,149		)
Other income (expense)	1,879			(46		)	437			—			2,270
Income (loss) before income taxes	(9,249		)	50,671			(904		)	—			40,518
Provision (benefit) for income taxes	(3,397		)	18,688			(329		)	—			14,962
Equity in earnings of subsidiaries	31,408			—			—			(31,408		)	—
Net income (loss)	25,556			31,983			(575		)	(31,408		)	25,556
Net loss noncontrolling interests	—			—			—			(8		)	(8		)
Net income (loss) attributable to Titan	$	25,556		$	31,983		$	(575	)	$	(31,400	)	$	25,564

(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Six Months Ended June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	733,481	$	188,840		$	—		$	922,321
Cost of sales	559			572,388		173,925			—			746,872
Gross profit (loss)	(559		)	161,093		14,915			—			175,449
Selling, general and administrative expenses	13,983			29,678		10,584			—			54,245
Research and development expenses	172			2,306		219			—			2,697
Royalty expense	—			3,472		1,529			—			5,001
Supply agreement termination income	—			—		(26,134		)	—			(26,134		)
Income (loss) from operations	(14,714		)	125,637		28,717			—			139,640
Interest expense	(12,107		)	—		(405		)	—			(12,512		)
Other income	2,457			448		819			—			3,724
Income (loss) before income taxes	(24,364		)	126,085		29,131			—			130,852
Provision (benefit) for income taxes	(5,068		)	43,854		12,347			—			51,133
Equity in earnings of subsidiaries	99,015			—		59,626			(158,641		)	—
Net income (loss)	79,719			82,231		76,410			(158,641		)	79,719
Net income noncontrolling interests	—			—		—			244			244
Net income (loss) attributable to Titan	$	79,719		$	82,231	$	76,410		$	(158,885	)	$	79,475

(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Six Months Ended June 30, 2011
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	579,361		$	105,915		$	—		$	685,276
Cost of sales	902			466,551			97,217			—			564,670
Gross profit (loss)	(902		)	112,810			8,698			—			120,606
Selling, general and administrative expenses	19,956			5,006			16,904			—			41,866
Research and development expenses	4			2,186			7			—			2,197
Royalty expense	—			4,684			583			—			5,267
Income (loss) from operations	(20,862		)	100,934			(8,796		)	—			71,276
Interest expense	(12,312		)	—			(117		)	—			(12,429		)
Noncash convertible debt conversion charge	(16,135		)	—			—			—			(16,135		)
Other income (expense)	2,196			(281		)	548			—			2,463
Income (loss) before income taxes	(47,113		)	100,653			(8,365		)	—			45,175
Provision (benefit) for income taxes	(11,436		)	37,181			(3,090		)	—			22,655
Equity in earnings of subsidiaries	58,197			—			—			(58,197		)	—
Net income (loss)	22,520			63,472			(5,275		)	(58,197		)	22,520
Net loss noncontrolling interests	—			—			—			(8		)	(8		)
Net income (loss) attributable to Titan	$	22,520		$	63,472		$	(5,275	)	$	(58,189	)	$	22,528

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 June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	44,325		$	38,963	$	43,783		$	(82,746	)	$	44,325
Unrealized gain (loss) on investments, net of tax	(5,580		)	—		(5,580		)	5,580			(5,580		)
Currency translation adjustment	(8,136		)	—		(8,136		)	8,136			(8,136		)
Pension liability adjustments, net of tax	836			790		46			(836		)	836
Comprehensive income (loss)	31,445			39,753		30,113			(69,866		)	31,445
Net comprehensive income attributable to noncontrolling interests	—			—		—			269			269
Comprehensive income (loss) attributable to Titan	$	31,445		$	39,753	$	30,113		$	(70,135	)	$	31,176

(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Three Months Ended June 30, 2011
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	25,556	$	31,983	$	(575	)	$	(31,408	)	$	25,556
Unrealized gain (loss) on investments, net of tax	14,645		—		14,645			(14,645		)	14,645
Currency translation adjustment	2,932		—		2,932			(2,932		)	2,932
Pension liability adjustments, net of tax	592		553		39			(592		)	592
Comprehensive income (loss)	43,725		32,536		17,041			(49,577		)	43,725
Net comprehensive loss attributable to noncontrolling interests	—		—		—			(8		)	(8		)
Comprehensive income (loss) attributable to Titan	$	43,725	$	32,536	$	17,041		$	(49,569	)	$	43,733

(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Six Months Ended June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	79,719		$	82,231	$	76,410		$	(158,641	)	$	79,719
Unrealized gain (loss) on investments, net of tax	337			—		337			(337		)	337
Currency translation adjustment	(4,569		)	—		(4,569		)	4,569			(4,569		)
Pension liability adjustments, net of tax	1,672			1,580		92			(1,672		)	1,672
Comprehensive income (loss)	77,159			83,811		72,270			(156,081		)	77,159
Net comprehensive income attributable to noncontrolling interests	—			—		—			244			244
Comprehensive income (loss) attributable to Titan	$	77,159		$	83,811	$	72,270		$	(156,325	)	$	76,915

(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Six Months Ended June 30, 2011
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	22,520	$	63,472	$	(5,275	)	$	(58,197	)	$	22,520
Unrealized gain (loss) on investments, net of tax	13,652		—		(13,652		)	13,652			13,652
Currency translation adjustment	2,932		—		2,932			(2,932		)	2,932
Pension liability adjustments, net of tax	1,185		1,106		79			(1,185		)	1,185
Comprehensive income (loss)	40,289		64,578		(15,916		)	(48,662		)	40,289
Net comprehensive loss attributable to noncontrolling interests	—		—		—			(8		)	(8		)
Comprehensive income (loss) attributable to Titan	$	40,289	$	64,578	$	(15,916	)	$	(48,654	)	$	40,297

Condensed Financial Information, Condensed Balance Sheet [Table Text Block]

(Amounts in thousands)	Consolidating Condensed Balance Sheets June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	140,441		$	4	$	9,005		$	—		$	149,450
Accounts receivable	—			181,575		55,843			—			237,418
Inventories	—			151,897		62,961			—			214,858
Prepaid and other current assets	35,691			18,121		14,598			—			68,410
Total current assets	176,132			351,597		142,407			—			670,136
Property, plant and equipment, net	8,159			200,687		115,830			—			324,676
Investment in subsidiaries	271,414			—		69,379			(340,793		)	—
Other assets	43,035			1,351		54,801			—			99,187
Total assets	$	498,740		$	553,635	$	382,417		$	(340,793	)	$	1,093,999
Liabilities and Stockholders’ Equity
Short-term debt	$	—		$	—	$	7,596		$	—		$	7,596
Accounts payable	939			41,157		67,459			—			109,555
Other current liabilities	(3,870		)	60,991		13,343			—			70,464
Total current liabilities	(2,931		)	102,148		88,398			—			187,615
Long-term debt	312,881			—		—			—			312,881
Other long-term liabilities	42,996			36,277		37,154			—			116,427
Intercompany accounts	(329,482		)	27,559		301,923			—			—
Titan stockholders' equity	475,276			387,651		(45,058		)	(342,593		)	475,276
Noncontrolling interests	—			—		—			1,800			1,800
Total liabilities and stockholders’ equity	$	498,740		$	553,635	$	382,417		$	(340,793	)	$	1,093,999

(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 Six Months Ended June 30, 2012
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash provided by operating activities	$	15,859		$	11,987		$	20,837		$	48,683
Cash flows from investing activities:
Capital expenditures	(1,338		)	(12,176		)	(5,492		)	(19,006		)
Other, net	—			189			264			453
Net cash used for investing activities	(1,338		)	(11,987		)	(5,228		)	(18,553		)
Cash flows from financing activities:
Payment on debt	—			—			(14,226		)	(14,226		)
Term loan borrowing	—			—			4,378			4,378
Proceeds from exercise of stock options	887			—			—			887
Excess tax benefit from stock options exercised	190			—			—			190
Dividends paid	(423		)	—			—			(423		)
Net cash provided by (used for) financing activities	654			—			(9,848		)	(9,194		)
Effect of exchange rate change on cash	—			—			(656		)	(656		)
Net increase in cash and cash equivalents	15,175			—			5,105			20,280
Cash and cash equivalents, beginning of period	125,266			4			3,900			129,170
Cash and cash equivalents, end of period	$	140,441		$	4		$	9,005		$	149,450

(Amounts in thousands)	Consolidating Condensed Statements of Cash Flows For the Six Months Ended June 30, 2011
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash provided by operating activities	$	(27,035	)	$	7,052		$	(10,649	)	$	(30,632	)
Cash flows from investing activities:
Capital expenditures	(1,089		)	(7,965		)	(1,142		)	(10,196		)
Acquisitions, net of cash acquired	(99,118		)	—			—			(99,118		)
Other, net	—			914			481			1,395
Net cash used for investing activities	(100,207		)	(7,051		)	(661		)	(107,919		)
Cash flows from financing activities:
Repurchase of senior unsecured notes	(1,064		)	—			—			(1,064		)
Term loan borrowing	—			—			14,148			14,148
Proceeds from exercise of stock options	477			—			—			477
Dividends paid	(387		)	—			—			(387		)
Net cash provided by (used for) financing activities	(974		)	—			14,148			13,174
Effect of exchange rate change on cash	—			—			39			39
Net increase (decrease) in cash and cash equivalents	(128,216		)	1			2,877			(125,338		)
Cash and cash equivalents, beginning of period	239,362			3			135			239,500
Cash and cash equivalents, end of period	$	111,146		$	4		$	3,012		$	114,162