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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 129,170 $ 239,500
Accounts receivable 189,527 89,004
Inventories 190,872 118,143
Deferred income taxes 26,775 16,040
Prepaid and other current assets 28,249 18,663
Total current assets 564,593 481,350
Property, plant and equipment, net 334,742 248,054
Other assets 110,951 51,476
Total assets 1,010,286 780,880
Current liabilities    
Short-term Debt 11,723 0
Accounts payable 76,574 35,281
Other current liabilities 87,469 57,072
Total current liabilities 175,766 92,353
Long-term debt 317,881 373,564
Deferred income taxes 38,691 1,664
Other long-term liabilities 81,069 41,268
Total liabilities 613,407 508,849
Commitments and contingencies: Notes 13, 25 and 26      
Titan stockholder's 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 380,295 300,540
Retained earnings 67,053 9,744
Treasury stock (at cost, 1,887,316 and 2,108,561 shares, respectively) (17,338) (19,324)
Treasury stock reserved for deferred compensation (1,233) (1,917)
Accumulated other comprehensive loss (33,575) (17,042)
Total Titan stockholders' equity 395,239 272,031
Noncontrolling interests 1,640 0
Total equity 396,879 272,031
Total liabilities and equity $ 1,010,286 $ 780,880