SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Statements of Operations For the Three Months Ended March 31, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	170,759		$	254,623		$	—		$	425,382
Cost of sales	108			141,530			224,183			—			365,821
Gross (loss) profit	(108		)	29,229			30,440			—			59,561
Selling, general and administrative expenses	1,196			15,275			19,450			—			35,921
Research and development expenses	240			986			1,651			—			2,877
Royalty expense	253			1,513			897			—			2,663
(Loss) income from operations	(1,797		)	11,455			8,442			—			18,100
Interest expense	(6,813		)	—			(705		)	—			(7,518		)
Intercompany interest income (expense)	624			1,013			(1,637		)	—			—
Foreign exchange loss	—			(8		)	(4,424		)	—			(4,432		)
Other income (expense)	5,669			(165		)	2,246			—			7,750
(Loss) income before income taxes	(2,317		)	12,295			3,922			—			13,900
(Benefit) provision for income taxes	(10,066		)	4,260			5,020			—			(786		)
Equity in earnings of subsidiaries	6,938			—			4,337			(11,275		)	—
Net income (loss)	14,687			8,035			3,239			(11,275		)	14,686
Net loss noncontrolling interests	—			—			(1,679		)	—			(1,679		)
Net income (loss) attributable to Titan	$	14,687		$	8,035		$	4,918		$	(11,275	)	$	16,365

(Amounts in thousands)	Condensed Consolidating Statements of Operations For the Three Months Ended March 31, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	143,836		$	213,665		$	—		$	357,501
Cost of sales	69			126,421			190,810			—			317,300
Gross (loss) profit	(69		)	17,415			22,855			—			40,201
Selling, general and administrative expenses	4,871			17,271			19,196			—			41,338
Research and development expenses	—			903			1,940			—			2,843
Royalty expense	417			1,294			898			—			2,609
(Loss) income from operations	(5,357		)	(2,053		)	821			—			(6,589		)
Interest expense	(7,445		)	—			(276		)	—			(7,721		)
Intercompany interest income (expense)	581			—			(581		)	—			—
Foreign exchange gain	—			—			4,490						4,490
Other income (loss)	1,280			(436		)	1,833			—			2,677
(Loss) income before income taxes	(10,941		)	(2,489		)	6,287			—			(7,143		)
Provision for income taxes	1,676			174			1,592			—			3,442
Equity in earnings of subsidiaries	4,976			—			(4,723		)	(253		)	—
Net loss	(7,641		)	(2,663		)	(28		)	(253		)	(10,585		)
Net income noncontrolling interests	—			—			868			—			868
Net loss attributable to Titan	$	(7,641	)	$	(2,663	)	$	(896	)	$	(253	)	$	(11,453	)

Condensed Statement of Comprehensive Income [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2018
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	14,687	$	8,035	$	3,239		$	(11,275	)	$	14,686
Currency translation adjustment	8,062		—		8,062			(8,062		)	8,062
Pension liability adjustments, net of tax	883		646		237			(883		)	883
Comprehensive income (loss)	23,632		8,681		11,538			(20,220		)	23,631
Net comprehensive loss attributable to redeemable and noncontrolling interests	—		—		(1,040		)	—			(1,040		)
Comprehensive income (loss) attributable to Titan	$	23,632	$	8,681	$	12,578		$	(20,220	)	$	24,671

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net loss	$	(7,641	)	$	(2,663	)	$	(28	)	$	(253	)	$	(10,585	)
Currency translation adjustment	11,019			—			11,019			(11,019		)	11,019
Pension liability adjustments, net of tax	733			625			108			(733		)	733
Comprehensive income (loss)	4,111			(2,038		)	11,099			(12,005		)	1,167
Net comprehensive income attributable to redeemable and noncontrolling interests	—			—			2,783			—			2,783
Comprehensive income (loss) attributable to Titan	$	4,111		$	(2,038	)	$	8,316		$	(12,005	)	$	(1,616	)

Condensed Balance Sheet [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Balance Sheets March 31, 2018
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	45,883	$	9		$	66,537		$	—		$	112,429
Accounts receivable, net	—		80,597			213,908			—			294,505
Inventories	—		104,758			263,677			—			368,435
Prepaid and other current assets	16,900		19,779			38,882			—			75,561
Total current assets	62,783		205,143			583,004			—			850,930
Property, plant and equipment, net	1,451		106,681			309,294			—			417,426
Investment in subsidiaries	753,962		—			78,214			(832,176		)	—
Other assets	6,525		919			77,255			—			84,699
Total assets	$	824,721	$	312,743		$	1,047,767		$	(832,176	)	$	1,353,055
Liabilities and Equity
Short-term debt	$	—	$	—		$	55,171		$	—		$	55,171
Accounts payable	1,668		28,160			198,126			—			227,954
Other current liabilities	32,856		31,416			66,012			—			130,284
Total current liabilities	34,524		59,576			319,309			—			413,409
Long-term debt	394,490		—			13,118			—			407,608
Other long-term liabilities	9,424		15,525			59,675			—			84,624
Intercompany accounts	34,483		(272,561		)	238,078			—			—
Redeemable noncontrolling interest	—		—			115,369			—			115,369
Titan shareholders' equity	351,800		510,203			313,425			(832,176		)	343,252
Noncontrolling interests	—		—			(11,207		)	—			(11,207		)
Total liabilities and equity	$	824,721	$	312,743		$	1,047,767		$	(832,176	)	$	1,353,055

(Amounts in thousands)	Condensed Consolidating Balance Sheets December 31, 2017
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	59,740	$	13		$	83,817		$	—		$	143,570
Accounts receivable, net	—		54,009			172,694			—			226,703
Inventories	—		96,036			243,800			—			339,836
Prepaid and other current assets	17,789		20,917			34,378			—			73,084
Total current assets	77,529		170,975			534,689			—			783,193
Property, plant and equipment, net	2,466		110,470			308,312			—			421,248
Investment in subsidiaries	766,777		—			74,003			(840,780		)	—
Other assets	6,389		967			78,315			—			85,671
Total assets	$	853,161	$	282,412		$	995,319		$	(840,780	)	$	1,290,112
Liabilities and Equity
Short-term debt	$	—	$	—		$	43,651		$	—		$	43,651
Accounts payable	4,258		20,787			170,452			—			195,497
Other current liabilities	38,495		30,170			65,109			—			133,774
Total current liabilities	42,753		50,957			279,212			—			372,922
Long-term debt	394,284		—			12,887			—			407,171
Other long-term liabilities	11,544		16,458			58,740			—			86,742
Intercompany accounts	75,103		(286,525		)	211,422			—			—
Redeemable noncontrolling interest	—		—			113,193			—			113,193
Titan shareholders' equity	329,477		501,522			330,710			(840,780		)	320,929
Noncontrolling interests	—		—			(10,845		)	—			(10,845		)
Total liabilities and equity	$	853,161	$	282,412		$	995,319		$	(840,780	)	$	1,290,112

Condensed Cash Flow Statement [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash (used for) provided by operating activities	$	(13,778	)	$	1,375		$	(23,280	)	$	(35,683	)
Cash flows from investing activities:
Capital expenditures	—			(1,380		)	(6,427		)	(7,807		)
Other, net	220			1			573			794
Net cash provided by (used for) investing activities	220			(1,379		)	(5,854		)	(7,013		)
Cash flows from financing activities:
Proceeds from borrowings	—			—			16,480			16,480
Payment on debt	—			—			(5,720		)	(5,720		)
Dividends paid	(299		)	—			—			(299		)
Net cash (used for) provided by financing activities	(299		)	—			10,760			10,461
Effect of exchange rate change on cash	—			—			1,094			1,094
Net decrease in cash and cash equivalents	(13,857		)	(4		)	(17,280		)	(31,141		)
Cash and cash equivalents, beginning of period	59,740			13			83,817			143,570
Cash and cash equivalents, end of period	$	45,883		$	9		$	66,537		$	112,429

(Amounts in thousands)	Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash (used for) provided by operating activities	$	(10,008	)	$	1,541		$	(6,072	)	$	(14,539	)
Cash flows from investing activities:
Capital expenditures	(358		)	(1,588		)	(6,443		)	(8,389		)
Other, net	—			47			527			574
Net cash used for investing activities	(358		)	(1,541		)	(5,916		)	(7,815		)
Cash flows from financing activities:
Proceeds from borrowings	—			—			14,635			14,635
Payment on debt	(3,393		)	—			(6,823		)	(10,216		)
Dividends paid	(271		)	—			—			(271		)
Net cash (used for) provided by financing activities	(3,664		)	—			7,812			4,148
Effect of exchange rate change on cash	—			—			1,537			1,537
Net decrease in cash and cash equivalents	(14,030		)	—			(2,639		)	(16,669		)
Cash and cash equivalents, beginning of period	86,190			9			61,628			147,827
Cash and cash equivalents, end of period	$	72,160		$	9		$	58,989		$	131,158