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ROYALTY EXPENSE | 9 Months Ended
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Sep. 30, 2011
Royalty Expense [Abstract] |
Royalty Expense | 14. ROYALTY EXPENSE The Company has a trademark license agreement with Goodyear to manufacture and sell certain off-highway tires in North America and Latin America under the Goodyear name. The North American and Latin American royalties were prepaid for seven years as a part of the Goodyear Latin American farm tire acquisition. Royalty expenses recorded were $2.3 million and $2.3 million for the quarters ended September 30, 2011 and 2010, respectively. Royalty expenses were $7.5 million and $6.8 million for the nine months ended September 30, 2011 and 2010, respectively.

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- Definition The entire disclosure of the nature of royalty expense due to a trademark license agreement to manufacture and sell products under another brand name. + Details
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