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CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 94,274$ 239,500
Marketable securities28,1295
Accounts receivable213,88489,004
Inventories183,150118,143
Deferred income taxes16,88716,040
Prepaid and other current assets31,08218,658
Total current assets567,406481,350
Property, plant and equipment, net333,575248,054
Other assets110,23351,476
Total assets1,011,214780,880
Current liabilities  
Short-term debt8,2270
Accounts payable98,89835,281
Other current liabilities88,54257,072
Total current liabilities195,66792,353
Long-term debt317,881373,564
Deferred income taxes37,0801,664
Other long-term liabilities68,23441,268
Total liabilities618,862508,849
Equity  
Common stock (no par, 120,000,000 shares authorized, 44,092,997 and 37,475,288 issued, respectively)3730
Additional paid-in capital378,881300,540
Retained earnings52,8039,744
Treasury stock (at cost, 1,899,304 and 2,108,561 shares, respectively)(17,446)(19,324)
Treasury stock reserved for deferred compensation(1,233)(1,917)
Accumulated other comprehensive loss(22,973)(17,042)
Total Titan stockholders' equity390,069272,031
Noncontrolling interests2,2830
Total equity392,352272,031
Total liabilities and equity$ 1,011,214$ 780,880