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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-5.625% CONVERTIBLE NOTES (Tables) (Convertible Senior Subordinated Notes 5.625 Percent [Member]) | 3 Months Ended
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Mar. 31, 2012
Convertible Senior Subordinated Notes 5.625 Percent [Member] |
Condensed Financial Statements, Captions [Line Items] |
Condensed Financial Information, Condensed Statement of Operations [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 371,129 |  |  | $ | 91,959 |  |  | $ | — |  |  | $ | 463,088 |
Cost of sales | 302 |  |  | 285,024 |  |  | 84,399 |  |  | — |  |  | 369,725 |
Gross profit (loss) | (302 | ) |  | 86,105 |  |  | 7,560 |  |  | — |  |  | 93,363 |
Selling, general and administrative expenses | 10,587 |  |  | 15,675 |  |  | 4,573 |  |  | — |  |  | 30,835 |
Research and development expenses | 124 |  |  | 1,298 |  |  | 86 |  |  | — |  |  | 1,508 |
Royalty expense | — |  |  | 1,693 |  |  | 656 |  |  | — |  |  | 2,349 |
Income (loss) from operations | (11,013 | ) |  | 67,439 |  |  | 2,245 |  |  | — |  |  | 58,671 |
Interest expense | (6,062 | ) |  | — |  |  | (233 | ) |  | — |  |  | (6,295 | )
Other income | 2,174 |  |  | 497 |  |  | 440 |  |  | — |  |  | 3,111 |
Income (loss) before income taxes | (14,901 | ) |  | 67,936 |  |  | 2,452 |  |  | — |  |  | 55,487 |
Provision (benefit) for income taxes | (6,952 | ) |  | 25,041 |  |  | 2,004 |  |  | — |  |  | 20,093 |
Equity in earnings of subsidiaries | 43,343 |  |  | — |  |  | — |  |  | (43,343 | ) |  | — |
Net income (loss) | 35,394 |  |  | 42,895 |  |  | 448 |  |  | (43,343 | ) |  | 35,394 |
Net loss noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Net income (loss) attributable to Titan | $ | 35,394 |  |  | $ | 42,895 |  |  | $ | 448 |  |  | $ | (43,318 | ) |  | $ | 35,419 |
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2011
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 280,829 |  |  | $ | — |  |  | $ | — |  |  | $ | 280,829 |
Cost of sales | 361 |  |  | 223,754 |  |  | 442 |  |  | — |  |  | 224,557 |
Gross profit (loss) | (361 | ) |  | 57,075 |  |  | (442 | ) |  | — |  |  | 56,272 |
Selling, general and administrative expenses | 15,405 |  |  | 2,725 |  |  | 7,163 |  |  | — |  |  | 25,293 |
Research and development expenses | — |  |  | 1,183 |  |  | — |  |  | — |  |  | 1,183 |
Royalty expense | — |  |  | 2,917 |  |  | — |  |  | — |  |  | 2,917 |
Income (loss) from operations | (15,766 | ) |  | 50,250 |  |  | (7,605 | ) |  | — |  |  | 26,879 |
Interest expense | (6,280 | ) |  | — |  |  | — |  |  | — |  |  | (6,280 | )
Noncash convertible debt conversion charge | (16,135 | ) |  | — |  |  | — |  |  | — |  |  | (16,135 | )
Other income (expense) | 317 |  |  | (202 | ) |  | 78 |  |  | — |  |  | 193 |
Income (loss) before income taxes | (37,864 | ) |  | 50,048 |  |  | (7,527 | ) |  | — |  |  | 4,657 |
Provision (benefit) for income taxes | (8,039 | ) |  | 18,518 |  |  | (2,786 | ) |  | — |  |  | 7,693 |
Equity in earnings of subsidiaries | 26,789 |  |  | — |  |  | — |  |  | (26,789 | ) |  | — |
Net income (loss) | $ | (3,036 | ) |  | $ | 31,530 |  |  | $ | (4,741 | ) |  | $ | (26,789 | ) |  | $ | (3,036 | )
Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 35,394 |  |  | $ | 42,895 |  |  | $ | 448 |  |  | $ | (43,343 | ) |  | $ | 35,394 |
Unrealized gain (loss) on investments, net of tax | 5,917 |  |  | — |  |  | 5,917 |  |  | (5,917 | ) |  | 5,917 |
Currency translation adjustment | 3,567 |  |  | — |  |  | 3,567 |  |  | (3,567 | ) |  | 3,567 |
Pension liability adjustments, net of tax | 836 |  |  | 790 |  |  | 46 |  |  | (836 | ) |  | 836 |
Comprehensive income (loss) | 45,714 |  |  | 43,685 |  |  | 9,978 |  |  | (53,663 | ) |  | 45,714 |
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Comprehensive income (loss) attributable to Titan | $ | 45,714 |  |  | $ | 43,685 |  |  | $ | 9,978 |  |  | $ | (53,638 | ) |  | $ | 45,739 |
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Three Months Ended March 31, 2011
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (3,036 | ) |  | $ | 31,530 |  |  | $ | (4,741 | ) |  | $ | (26,789 | ) |  | $ | (3,036 | )
Unrealized gain (loss) on investments, net of tax | (993 | ) |  | — |  |  | (993 | ) |  | 993 |  |  | (993 | )
Currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension liability adjustments, net of tax | 593 |  |  | 553 |  |  | 40 |  |  | (593 | ) |  | 593 |
Comprehensive income (loss) | (3,436 | ) |  | 32,083 |  |  | (5,694 | ) |  | (26,389 | ) |  | (3,436 | )
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) attributable to Titan | $ | (3,436 | ) |  | $ | 32,083 |  |  | $ | (5,694 | ) |  | $ | (26,389 | ) |  | $ | (3,436 | )
Condensed Financial Information, Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Balance Sheets March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 116,518 |  |  | $ | 6 |  |  | $ | 12,784 |  |  | $ | — |  |  | $ | 129,308 |
Accounts receivable | — |  |  | 192,351 |  |  | 53,597 |  |  | — |  |  | 245,948 |
Inventories | — |  |  | 184,114 |  |  | 30,040 |  |  | — |  |  | 214,154 |
Prepaid and other current assets | 33,400 |  |  | 17,325 |  |  | 14,901 |  |  | — |  |  | 65,626 |
Total current assets | 149,918 |  |  | 393,796 |  |  | 111,322 |  |  | — |  |  | 655,036 |
Property, plant and equipment, net | 8,805 |  |  | 217,232 |  |  | 107,881 |  |  | — |  |  | 333,918 |
Investment in subsidiaries | 220,693 |  |  | — |  |  | — |  |  | (220,693 | ) |  | — |
Other assets | 44,910 |  |  | 1,403 |  |  | 63,932 |  |  | — |  |  | 110,245 |
Total assets | $ | 424,326 |  |  | $ | 612,431 |  |  | $ | 283,135 |  |  | $ | (220,693 | ) |  | $ | 1,099,199 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 1,084 |  |  | $ | 52,185 |  |  | $ | 59,397 |  |  | $ | — |  |  | $ | 112,666 |
Other current liabilities | 1,893 |  |  | 69,570 |  |  | 28,018 |  |  | — |  |  | 99,481 |
Total current liabilities | 2,977 |  |  | 121,755 |  |  | 87,415 |  |  | — |  |  | 212,147 |
Long-term debt | 312,881 |  |  | — |  |  | 5,000 |  |  | — |  |  | 317,881 |
Other long-term liabilities | 37,072 |  |  | 37,522 |  |  | 50,889 |  |  | — |  |  | 125,483 |
Intercompany accounts | (370,677 | ) |  | 141,897 |  |  | 228,780 |  |  | — |  |  | — |
Titan stockholders' equity | 442,073 |  |  | 311,257 |  |  | (88,949 | ) |  | (222,308 | ) |  | 442,073 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 1,615 |  |  | 1,615 |
Total liabilities and stockholders’ equity | $ | 424,326 |  |  | $ | 612,431 |  |  | $ | 283,135 |  |  | $ | (220,693 | ) |  | $ | 1,099,199 |
(Amounts in thousands) | Consolidating Condensed Balance Sheets December 31, 2011
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 125,266 |  |  | $ | 6 |  |  | $ | 3,898 |  |  | $ | — |  |  | $ | 129,170 |
Accounts receivable | — |  |  | 137,226 |  |  | 52,301 |  |  | — |  |  | 189,527 |
Inventories | — |  |  | 162,134 |  |  | 28,738 |  |  | — |  |  | 190,872 |
Prepaid and other current assets | 27,251 |  |  | 15,490 |  |  | 12,283 |  |  | — |  |  | 55,024 |
Total current assets | 152,517 |  |  | 314,856 |  |  | 97,220 |  |  | — |  |  | 564,593 |
Property, plant and equipment, net | 9,562 |  |  | 219,734 |  |  | 105,446 |  |  | — |  |  | 334,742 |
Investment in subsidiaries | 184,317 |  |  | — |  |  | — |  |  | (184,317 | ) |  | — |
Other assets | 44,918 |  |  | 1,454 |  |  | 64,579 |  |  | — |  |  | 110,951 |
Total assets | $ | 391,314 |  |  | $ | 536,044 |  |  | $ | 267,245 |  |  | $ | (184,317 | ) |  | $ | 1,010,286 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 11,723 |  |  | $ | — |  |  | $ | 11,723 |
Accounts payable | 930 |  |  | 33,563 |  |  | 42,081 |  |  | — |  |  | 76,574 |
Other current liabilities | 22,687 |  |  | 39,457 |  |  | 25,325 |  |  | — |  |  | 87,469 |
Total current liabilities | 23,617 |  |  | 73,020 |  |  | 79,129 |  |  | — |  |  | 175,766 |
Long-term debt | 312,881 |  |  | — |  |  | 5,000 |  |  | — |  |  | 317,881 |
Other long-term liabilities | 29,267 |  |  | 38,187 |  |  | 52,306 |  |  | — |  |  | 119,760 |
Intercompany accounts | (369,690 | ) |  | 157,264 |  |  | 212,426 |  |  | — |  |  | — |
Titan stockholders' equity | 395,239 |  |  | 267,573 |  |  | (81,616 | ) |  | (185,957 | ) |  | 395,239 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 1,640 |  |  | 1,640 |
Total liabilities and stockholders’ equity | $ | 391,314 |  |  | $ | 536,044 |  |  | $ | 267,245 |  |  | $ | (184,317 | ) |  | $ | 1,010,286 |
Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (7,535 | ) |  | $ | 6,204 |  |  | $ | 21,979 |  |  | $ | 20,648 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (1,378 | ) |  | (6,225 | ) |  | (552 | ) |  | (8,155 | )
Other, net | — |  |  | 21 |  |  | 87 |  |  | 108 |
Net cash used for investing activities | (1,378 | ) |  | (6,204 | ) |  | (465 | ) |  | (8,047 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Payment on debt | — |  |  | — |  |  | (12,444 | ) |  | (12,444 | )
Proceeds from exercise of stock options | 370 |  |  | — |  |  | — |  |  | 370 |
Excess tax benefit from stock options exercised | 6 |  |  | — |  |  | — |  |  | 6 |
Dividends paid | (211 | ) |  | — |  |  | — |  |  | (211 | )
Net cash provided by (used for) financing activities | 165 |  |  | — |  |  | (12,444 | ) |  | (12,279 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | (184 | ) |  | (184 | )
Net increase (decrease) in cash and cash equivalents | (8,748 | ) |  | — |  |  | 8,886 |  |  | 138 |
Cash and cash equivalents, beginning of period | 125,266 |  |  | 6 |  |  | 3,898 |  |  | 129,170 |
Cash and cash equivalents, end of period | $ | 116,518 |  |  | $ | 6 |  |  | $ | 12,784 |  |  | $ | 129,308 |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2011
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (8,115 | ) |  | $ | 2,487 |  |  | $ | 33 |  |  | $ | (5,595 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (312 | ) |  | (3,100 | ) |  | (57 | ) |  | (3,469 | )
Other, net | — |  |  | 614 |  |  | 9 |  |  | 623 |
Net cash used for investing activities | (312 | ) |  | (2,486 | ) |  | (48 | ) |  | (2,846 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Repurchase of senior unsecured notes | (1,064 | ) |  | — |  |  | — |  |  | (1,064 | )
Proceeds from exercise of stock options | 230 |  |  | — |  |  | — |  |  | 230 |
Dividends paid | (177 | ) |  | — |  |  | — |  |  | (177 | )
Net cash used for financing activities | (1,011 | ) |  | — |  |  | — |  |  | (1,011 | )
Net increase (decrease) in cash and cash equivalents | (9,438 | ) |  | 1 |  |  | (15 | ) |  | (9,452 | )
Cash and cash equivalents, beginning of period | 239,362 |  |  | 6 |  |  | 132 |  |  | 239,500 |
Cash and cash equivalents, end of period | $ | 229,924 |  |  | $ | 7 |  |  | $ | 117 |  |  | $ | 230,048 |

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