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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 receivable243,47889,004
Inventories174,367118,143
Deferred income taxes16,18716,040
Prepaid and other current assets29,67118,663
Total current assets577,865481,350
Property, plant and equipment, net353,546248,054
Other assets133,97051,476
Total assets1,065,381780,880
Current liabilities  
Short-term debt10,3300
Accounts payable114,83735,281
Other current liabilities102,35257,072
Total current liabilities227,51992,353
Long-term debt317,881373,564
Deferred income taxes47,9211,664
Other long-term liabilities79,36441,268
Total liabilities672,685508,849
Equity  
Common stock (no par, 120,000,000 shares authorized, 44,092,997 and 37,475,288 issued, respectively)3730
Additional paid-in capital377,565300,540
Retained earnings31,8519,744
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' equity390,775272,031
Noncontrolling interests1,9210
Total equity392,696272,031
Total liabilities and equity$ 1,065,381$ 780,880