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CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 114,162 $ 239,500
Accounts receivable 243,478 89,004
Inventories 183,763 127,982
Deferred income taxes 13,102 12,791
Prepaid and other current assets 29,671 18,663
Total current assets 584,176 487,940
Property, plant and equipment, net 353,546 248,054
Other assets 133,970 51,476
Total assets 1,071,692 787,470
Current liabilities    
Short-term debt 10,330 0
Accounts payable 114,837 35,281
Other current liabilities 102,352 57,072
Total current liabilities 227,519 92,353
Long-term debt 317,881 373,564
Deferred income taxes 48,227 1,970
Other long-term liabilities 79,364 41,268
Total liabilities 672,991 509,155
Equity    
Common stock (no par, 120,000,000 shares authorized, 44,092,997 and 37,475,288 issued, respectively) 37 30
Additional paid-in capital 377,565 300,540
Retained earnings 37,856 16,028
Treasury stock (at cost, 1,980,116 and 2,108,561 shares, respectively) (18,172) (19,324)
Treasury stock reserved for deferred compensation (1,233) (1,917)
Accumulated other comprehensive income (loss) 727 (17,042)
Total Titan stockholders' equity 396,780 278,315
Noncontrolling interests 1,921 0
Total equity 398,701 278,315
Total liabilities and equity $ 1,071,692 $ 787,470