SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	166,757		$	262,147		$	—		$	428,904
Cost of sales	138			140,208			230,246			—			370,592
Gross (loss) profit	(138		)	26,549			31,901			—			58,312
Selling, general and administrative expenses	1,678			16,985			18,036			—			36,699
Research and development expenses	253			983			1,518			—			2,754
Royalty expense	628			940			1,066			—			2,634
(Loss) income from operations	(2,697		)	7,641			11,281			—			16,225
Interest expense	(6,826		)	—			(846		)	—			(7,672		)
Intercompany interest income (expense)	628			909			(1,537		)	—			—
Foreign exchange loss	—			(662		)	(2,948		)	—			(3,610		)
Other income (expense)	959			(147		)	1,665			—			2,477
(Loss) income before income taxes	(7,936		)	7,741			7,615			—			7,420
(Benefit) provision for income taxes	(2,390		)	3,044			1,029			—			1,683
Equity in earnings of subsidiaries	11,283			—			209			(11,492		)	—
Net income (loss)	5,737			4,697			6,795			(11,492		)	5,737
Net income attributable to noncontrolling interests	—			—			40			—			40
Net income (loss) attributable to Titan	$	5,737		$	4,697		$	6,755		$	(11,492	)	$	5,697

(Amounts in thousands)	Condensed Consolidating Statements of Operations For the Three Months Ended June 30, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net sales	$	—		$	147,244		$	217,155		$	—	$	364,399
Cost of sales	87			129,743			190,549			—		320,379
Gross (loss) profit	(87		)	17,501			26,606			—		44,020
Selling, general and administrative expenses	3,066			14,043			17,354			—		34,463
Research and development expenses	—			950			1,658			—		2,608
Royalty expense	250			1,410			873			—		2,533
(Loss) income from operations	(3,403		)	1,098			6,721			—		4,416
Interest expense	(7,234		)	—			(86		)	—		(7,320		)
Intercompany interest income (expense)	588			1,947			(2,535		)	—		—
Foreign exchange loss	—			(41		)	(5,216		)	—		(5,257		)
Other income (loss)	931			(317		)	1,136			—		1,750
(Loss) income before income taxes	(9,118		)	2,687			20			—		(6,411		)
(Benefit) provision for income taxes	(3,185		)	1,321			1,990			—		126
Equity in earnings of subsidiaries	(603		)	—			(3,686		)	4,289		—
Net (loss) income	(6,536		)	1,366			(5,656		)	4,289		(6,537		)
Net loss attributable to noncontrolling interests	—			—			(244		)	—		(244		)
Net (loss) income attributable to Titan	$	(6,536	)	$	1,366		$	(5,412	)	$	4,289	$	(6,293	)

(Amounts in thousands)	Condensed Consolidating Statements of Operations For the Six Months Ended June 30, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	337,517		$	516,769		$	—		$	854,286
Cost of sales	246			281,738			454,429			—			736,413
Gross (loss) profit	(246		)	55,779			62,340			—			117,873
Selling, general and administrative expenses	2,873			32,260			37,487			—			72,620
Research and development expenses	493			1,969			3,169			—			5,631
Royalty expense	881			2,453			1,963			—			5,297
(Loss) income from operations	(4,493		)	19,097			19,721			—			34,325
Interest expense	(13,639		)	—			(1,551		)	—			(15,190		)
Intercompany interest income (expense)	1,251			1,922			(3,173		)	—			—
Foreign exchange loss	—			(670		)	(7,372		)	—			(8,042		)
Other income (expense)	6,628			(313		)	3,912			—			10,227
(Loss) income before income taxes	(10,253		)	20,036			11,537			—			21,320
(Benefit) provision for income taxes	(12,456		)	7,304			6,049			—			897
Equity in earnings of subsidiaries	18,220			—			4,546			(22,766		)	—
Net income (loss)	20,423			12,732			10,034			(22,766		)	20,423
Net loss attributable to noncontrolling interests	—			—			(1,639		)	—			(1,639		)
Net income (loss) attributable to Titan	$	20,423		$	12,732		$	11,673		$	(22,766	)	$	22,062

(Amounts in thousands)	Condensed Consolidating Statements of Operations For the Six Months Ended June 30, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net sales	$	—		$	291,080		$	430,820		$	—	$	721,900
Cost of sales	156			256,163			381,360			—		637,679
Gross (loss) profit	(156		)	34,917			49,460			—		84,221
Selling, general and administrative expenses	7,938			31,313			36,550			—		75,801
Research and development expenses	—			1,853			3,598			—		5,451
Royalty expense	667			2,704			1,771			—		5,142
(Loss) income from operations	(8,761		)	(953		)	7,541			—		(2,173		)
Interest expense	(14,679		)	—			(362		)	—		(15,041		)
Intercompany interest income (expense)	1,169			1,946			(3,115		)	—		—
Foreign exchange loss	—			(41		)	(726		)	—		(767		)
Other income (expense)	2,212			(753		)	2,968			—		4,427
(Loss) income before income taxes	(20,059		)	199			6,306			—		(13,554		)
(Benefit) provision for income taxes	(1,510		)	1,495			3,583			—		3,568
Equity in earnings of subsidiaries	4,372			—			(8,409		)	4,037		—
Net (loss) income	(14,177		)	(1,296		)	(5,686		)	4,037		(17,122		)
Net income attributable to noncontrolling interests	—			—			624			—		624
Net (loss) income attributable to Titan	$	(14,177	)	$	(1,296	)	$	(6,310	)	$	4,037	$	(17,746	)

Condensed Statement of Comprehensive Income [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended June 30, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	5,737		$	4,697	$	6,795		$	(11,492	)	$	5,737
Currency translation adjustment	(38,338		)	—		(38,338		)	38,338			(38,338		)
Pension liability adjustments, net of tax	690			646		44			(690		)	690
Comprehensive (loss) income	(31,911		)	5,343		(31,499		)	26,156			(31,911		)
Net comprehensive loss attributable to redeemable and noncontrolling interests	—			—		(2,185		)	—			(2,185		)
Comprehensive (loss) income attributable to Titan	$	(31,911	)	$	5,343	$	(29,314	)	$	26,156		$	(29,726	)

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended June 30, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) income	$	(6,536	)	$	1,366	$	(5,656	)	$	4,289		$	(6,537	)
Currency translation adjustment	8,006			—		8,006			(8,006		)	8,006
Pension liability adjustments, net of tax	989			625		364			(989		)	989
Comprehensive income (loss)	2,459			1,991		2,714			(4,706		)	2,458
Net comprehensive loss attributable to redeemable and noncontrolling interests	—			—		(1,562		)	—			(1,562		)
Comprehensive income (loss) attributable to Titan	$	2,459		$	1,991	$	4,276		$	(4,706	)	$	4,020

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Six Months Ended June 30, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	20,423		$	12,732	$	10,034		$	(22,766	)	$	20,423
Currency translation adjustment	(30,276		)	—		(30,276		)	30,276			(30,276		)
Pension liability adjustments, net of tax	1,573			1,292		281			(1,573		)	1,573
Comprehensive (loss) income	(8,280		)	14,024		(19,961		)	5,937			(8,280		)
Net comprehensive loss attributable to redeemable and noncontrolling interests	—			—		(3,225		)	—			(3,225		)
Comprehensive (loss) income attributable to Titan	$	(8,280	)	$	14,024	$	(16,736	)	$	5,937		$	(5,055	)

(Amounts in thousands)	Condensed Consolidating Statements of Comprehensive Income (Loss) For the Six Months Ended June 30, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) income	$	(14,177	)	$	(1,296	)	$	(5,686	)	$	4,037		$	(17,122	)
Currency translation adjustment	19,025			—			(19,025		)	19,025			19,025
Pension liability adjustments, net of tax	1,722			1,250			472			(1,722		)	1,722
Comprehensive income (loss)	6,570			(46		)	(24,239		)	21,340			3,625
Net comprehensive income attributable to redeemable and noncontrolling interests	—			—			1,221			—			1,221
Comprehensive income (loss) attributable to Titan	$	6,570		$	(46	)	$	(25,460	)	$	21,340		$	2,404

Condensed Balance Sheet [Table Text Block]

(Amounts in thousands)	Condensed Consolidating Balance Sheets June 30, 2018
	Titan  Intl., Inc. (Parent)		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	34,694	$	5		$	71,792		$	—		$	106,491
Accounts receivable, net	—		79,909			202,491			—			282,400
Inventories	—		112,238			260,494			—			372,732
Prepaid and other current assets	18,042		19,948			36,639			—			74,629
Total current assets	52,736		212,100			571,416			—			836,252
Property, plant and equipment, net	9,510		103,374			280,380			—			393,264
Investment in subsidiaries	764,208		—			78,920			(843,128		)	—
Other assets	6,310		958			73,586			—			80,854
Total assets	$	832,764	$	316,432		$	1,004,302		$	(843,128	)	$	1,310,370
Liabilities and Equity
Short-term debt	$	—	$	—		$	52,358		$	—		$	52,358
Accounts payable	2,212		30,349			193,480			—			226,041
Other current liabilities	30,169		31,717			67,171			—			129,057
Total current liabilities	32,381		62,066			313,009			—			407,456
Long-term debt	394,696		—			14,917			—			409,613
Other long-term liabilities	9,087		14,387			54,323			—			77,797
Intercompany accounts	81,949		(275,567		)	193,618			—			—
Redeemable noncontrolling interest	—		—			117,546			—			117,546
Titan shareholders' equity	314,651		515,546			318,001			(843,128		)	305,070
Noncontrolling interests	—		—			(7,112		)	—			(7,112		)
Total liabilities and equity	$	832,764	$	316,432		$	1,004,302		$	(843,128	)	$	1,310,370

(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 Six Months Ended June 30, 2018
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash (used for) provided by operating activities	$	(24,585	)	$	3,265		$	(8,607	)	$	(29,927	)
Cash flows from investing activities:
Capital expenditures	(83		)	(3,274		)	(15,059		)	(18,416		)
Other, net	220			1			663			884
Net cash provided by (used for) investing activities	137			(3,273		)	(14,396		)	(17,532		)
Cash flows from financing activities:
Proceeds from borrowings	—			—			40,078			40,078
Payment on debt	—			—			(24,527		)	(24,527		)
Dividends paid	(598		)	—			—			(598		)
Net cash (used for) provided by financing activities	(598		)	—			15,551			14,953
Effect of exchange rate change on cash	—			—			(4,573		)	(4,573		)
Net decrease in cash and cash equivalents	(25,046		)	(8		)	(12,025		)	(37,079		)
Cash and cash equivalents, beginning of period	59,740			13			83,817			143,570
Cash and cash equivalents, end of period	$	34,694		$	5		$	71,792		$	106,491

(Amounts in thousands)	Condensed Consolidating Statements of Cash Flows For the Six Months Ended June 30, 2017
	Titan  Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash (used for) provided by operating activities	$	(43,700	)	$	2,191		$	10,956		$	(30,553	)
Cash flows from investing activities:
Capital expenditures	(716		)	(2,534		)	(11,902		)	(15,152		)
Certificates of deposit	40,000			—			—			40,000
Other, net	—			344			694			1,038
Net cash provided by (used for) investing activities	39,284			(2,190		)	(11,208		)	25,886
Cash flows from financing activities:
Proceeds from borrowings	—			—			27,742			27,742
Payment on debt	(3,393		)	—			(25,684		)	(29,077		)
Dividends paid	(570		)	—			—			(570		)
Net cash (used for) provided by financing activities	(3,963		)	—			2,058			(1,905		)
Effect of exchange rate change on cash	—			—			1,981			1,981
Net (decrease) increase in cash and cash equivalents	(8,379		)	1			3,787			(4,591		)
Cash and cash equivalents, beginning of period	86,190			9			61,628			147,827
Cash and cash equivalents, end of period	$	77,811		$	10		$	65,415		$	143,236