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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Segment Information
SEGMENT AND GEOGRAPHICAL INFORMATION

The Company has aggregated its operating units into reportable segments based on its three customer markets: agricultural, earthmoving/construction and consumer.  These segments are based on the information used by the chief executive officer to make certain operating decisions, allocate portions of capital expenditures and assess segment performance.  The accounting policies of the segments are the same as those described in Note 1, “Description of Business and Significant Accounting Policies.”  Segment external revenues, expenses and income from operations are determined on the basis of the results of operations of operating units of manufacturing facilities.  Segment assets are generally determined on the basis of the tangible assets located at such operating units’ manufacturing facilities and the intangible assets associated with the acquisitions of such operating units.  However, certain operating units’ goodwill and property, plant and equipment balances are carried at the corporate level.

Titan is organized primarily on the basis of products being included in three marketing segments, with each reportable segment including wheels, tires and wheel/tire assemblies.
 
The table below presents information about certain revenues and expenses, income (loss) from operations and segment assets used by the chief operating decision maker of the Company as of and for the years ended December 31, 2011, 2010 and 2009 (amounts in thousands):
 
2011
 
2010
 
2009
Revenues from external customers
 
 
 
 
 
Agricultural
$
960,693

 
$
675,178

 
$
563,528

Earthmoving/construction
306,821

 
191,042

 
144,589

Consumer
219,484

 
15,371

 
19,482

 
$
1,486,998

 
$
881,591

 
$
727,599

Gross profit (loss)
 

 
 

 
 

Agricultural
$
177,055

 
$
108,102

 
$
51,955

Earthmoving/construction
39,328

 
(3,400
)
 
3,595

Consumer
18,900

 
2,867

 
1,604

Unallocated corporate
(3,175
)
 
(3,479
)
 
(1,189
)
 
$
232,108

 
$
104,090

 
$
55,965

Income (loss) from operations
 

 
 

 
 

Agricultural
$
158,295

 
$
91,953

 
$
26,980

Earthmoving/construction
32,781

 
(11,296
)
 
(7,999
)
Consumer
11,104

 
2,542

 
(206
)
Unallocated corporate
(70,007
)
 
(52,254
)
 
(37,669
)
Consolidated income (loss) from operations
132,173

 
30,945

 
(18,894
)
 
 
 
 
 
 
Interest expense
(25,259
)
 
(26,667
)
 
(16,246
)
Noncash convertible debt conversion charge
(16,135
)
 
—

 
—

Loss on senior note repurchase
—

 
(14,573
)
 
1,398

Other income, net
5,116

 
1,105

 
1,740

Income (loss) before income taxes
$
95,895

 
$
(9,190
)
 
$
(32,002
)
 
 
 
 
 
 
Capital expenditures
 

 
 

 
 

Agricultural
$
12,789

 
$
16,017

 
$
8,461

Earthmoving/construction
7,169

 
5,628

 
29,593

Consumer
1,465

 
478

 
254

Unallocated corporate
15,683

 
6,731

 
1,229

 
$
37,106

 
$
28,854

 
$
39,537

 
 
 
 
 
 
Depreciation & amortization
 

 
 

 
 

Agricultural
$
18,296

 
$
18,899

 
$
17,531

Earthmoving/construction
17,366

 
14,375

 
12,836

Consumer
5,450

 
458

 
535

Unallocated corporate
3,796

 
3,835

 
3,394

 
$
44,908

 
$
37,567

 
$
34,296

 
 
 
 
 
 
Total assets
 

 
 

 
 

Agricultural
$
444,611

 
$
304,048

 
$
257,523

Earthmoving/construction
193,566

 
171,410

 
188,169

Consumer
139,161

 
5,863

 
8,305

Unallocated corporate (a)
232,948

 
299,559

 
282,466

 
$
1,010,286

 
$
780,880

 
$
736,463

(a)  Unallocated assets include cash of approximately $129 million, $240 million, and $229 million at year-end 2011, 2010 and 2009, respectively.

The table below presents information by geographic area.  Revenues from external customers were determined based on the location of the selling subsidiary.  Geographic information as of and for the years ended December 31, 2011, 2010 and 2009 was as follows (amounts in thousands):
2011
United States
 
Other Countries
 
Consolidated
Totals
Revenues from external customers
$
1,210,531

 
$
276,467

 
$
1,486,998

Long-lived assets
248,835

 
105,748

 
354,583

2010
 

 
 

 
 

Revenues from external customers
$
881,591

 
$
—

 
$
881,591

Long-lived assets
248,054

 
—

 
248,054

2009
 

 
 

 
 

Revenues from external customers
$
727,599

 
$
—

 
$
727,599

Long-lived assets
254,461

 
—

 
254,461