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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-7.875% SENIOR NOTES (Tables) (7.875% senior secured notes [Member]) | 3 Months Ended
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Mar. 31, 2012
7.875% senior secured notes [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 | $ | — |  |  | $ | 366,181 |  |  | $ | 96,907 |  |  | $ | — |  |  | $ | 463,088 |
Cost of sales | 302 |  |  | 280,031 |  |  | 89,392 |  |  | — |  |  | 369,725 |
Gross profit (loss) | (302 | ) |  | 86,150 |  |  | 7,515 |  |  | — |  |  | 93,363 |
Selling, general and administrative expenses | 10,587 |  |  | 15,157 |  |  | 5,091 |  |  | — |  |  | 30,835 |
Research and development expenses | 124 |  |  | 1,232 |  |  | 152 |  |  | — |  |  | 1,508 |
Royalty expense | — |  |  | 1,693 |  |  | 656 |  |  | — |  |  | 2,349 |
Income (loss) from operations | (11,013 | ) |  | 68,068 |  |  | 1,616 |  |  | — |  |  | 58,671 |
Interest expense | (6,062 | ) |  | — |  |  | (233 | ) |  | — |  |  | (6,295 | )
Other income | 2,174 |  |  | 314 |  |  | 623 |  |  | — |  |  | 3,111 |
Income (loss) before income taxes | (14,901 | ) |  | 68,382 |  |  | 2,006 |  |  | — |  |  | 55,487 |
Provision (benefit) for income taxes | (6,952 | ) |  | 25,114 |  |  | 1,931 |  |  | — |  |  | 20,093 |
Equity in earnings of subsidiaries | 43,343 |  |  | — |  |  | 32,552 |  |  | (75,895 | ) |  | — |
Net income (loss) | 35,394 |  |  | 43,268 |  |  | 32,627 |  |  | (75,895 | ) |  | 35,394 |
Net loss noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Net income (loss) attributable to Titan | $ | 35,394 |  |  | $ | 43,268 |  |  | $ | 32,627 |  |  | $ | (75,870 | ) |  | $ | 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 | $ | — |  |  | $ | 274,961 |  |  | $ | 5,868 |  |  | $ | — |  |  | $ | 280,829 |
Cost of sales | 361 |  |  | 217,995 |  |  | 6,201 |  |  | — |  |  | 224,557 |
Gross profit (loss) | (361 | ) |  | 56,966 |  |  | (333 | ) |  | — |  |  | 56,272 |
Selling, general and administrative expenses | 15,405 |  |  | 2,649 |  |  | 7,239 |  |  | — |  |  | 25,293 |
Research and development expenses | — |  |  | 1,183 |  |  | — |  |  | — |  |  | 1,183 |
Royalty expense | — |  |  | 2,917 |  |  | — |  |  | — |  |  | 2,917 |
Income (loss) from operations | (15,766 | ) |  | 50,217 |  |  | (7,572 | ) |  | — |  |  | 26,879 |
Interest expense | (6,280 | ) |  | — |  |  | — |  |  | — |  |  | (6,280 | )
Noncash convertible debt conversion charge | (16,135 | ) |  | — |  |  | — |  |  | — |  |  | (16,135 | )
Other income (expense) | 317 |  |  | (235 | ) |  | 111 |  |  | — |  |  | 193 |
Income (loss) before income taxes | (37,864 | ) |  | 49,982 |  |  | (7,461 | ) |  | — |  |  | 4,657 |
Provision (benefit) for income taxes | (8,039 | ) |  | 18,493 |  |  | (2,761 | ) |  | — |  |  | 7,693 |
Equity in earnings of subsidiaries | 26,789 |  |  | — |  |  | — |  |  | (26,789 | ) |  | — |
Net income (loss) | $ | (3,036 | ) |  | $ | 31,489 |  |  | $ | (4,700 | ) |  | $ | (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 |  |  | $ | 43,268 |  |  | $ | 32,627 |  |  | $ | (75,895 | ) |  | $ | 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 |  |  | 44,058 |  |  | 42,157 |  |  | (86,215 | ) |  | 45,714 |
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Comprehensive income (loss) attributable to Titan | $ | 45,714 |  |  | $ | 44,058 |  |  | $ | 42,157 |  |  | $ | (86,190 | ) |  | $ | 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 | ) |  | $ | 31,489 |  |  | $ | (4,700 | ) |  | $ | (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 | ) |  | 32,042 |  |  | (5,653 | ) |  | (26,389 | ) |  | (3,436 | )
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) attributable to Titan | $ | (3,436 | ) |  | $ | 32,042 |  |  | $ | (5,653 | ) |  | $ | (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 |  |  | $ | 4 |  |  | $ | 12,786 |  |  | $ | — |  |  | $ | 129,308 |
Accounts receivable | — |  |  | 189,351 |  |  | 56,597 |  |  | — |  |  | 245,948 |
Inventories | — |  |  | 166,077 |  |  | 48,077 |  |  | — |  |  | 214,154 |
Prepaid and other current assets | 33,400 |  |  | 17,182 |  |  | 15,044 |  |  | — |  |  | 65,626 |
Total current assets | 149,918 |  |  | 372,614 |  |  | 132,504 |  |  | — |  |  | 655,036 |
Property, plant and equipment, net | 8,805 |  |  | 202,722 |  |  | 122,391 |  |  | — |  |  | 333,918 |
Investment in subsidiaries | 220,693 |  |  | — |  |  | 41,516 |  |  | (262,209 | ) |  | — |
Other assets | 44,910 |  |  | 1,403 |  |  | 63,932 |  |  | — |  |  | 110,245 |
Total assets | $ | 424,326 |  |  | $ | 576,739 |  |  | $ | 360,343 |  |  | $ | (262,209 | ) |  | $ | 1,099,199 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 1,084 |  |  | $ | 51,531 |  |  | $ | 60,051 |  |  | $ | — |  |  | $ | 112,666 |
Other current liabilities | 1,893 |  |  | 69,119 |  |  | 28,469 |  |  | — |  |  | 99,481 |
Total current liabilities | 2,977 |  |  | 120,650 |  |  | 88,520 |  |  | — |  |  | 212,147 |
Long-term debt | 312,881 |  |  | — |  |  | 5,000 |  |  | — |  |  | 317,881 |
Other long-term liabilities | 37,072 |  |  | 37,460 |  |  | 50,951 |  |  | — |  |  | 125,483 |
Intercompany accounts | (370,677 | ) |  | 70,730 |  |  | 299,947 |  |  | — |  |  | — |
Titan stockholders' equity | 442,073 |  |  | 347,899 |  |  | (84,075 | ) |  | (263,824 | ) |  | 442,073 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 1,615 |  |  | 1,615 |
Total liabilities and stockholders’ equity | $ | 424,326 |  |  | $ | 576,739 |  |  | $ | 360,343 |  |  | $ | (262,209 | ) |  | $ | 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 |  |  | $ | 4 |  |  | $ | 3,900 |  |  | $ | — |  |  | $ | 129,170 |
Accounts receivable | — |  |  | 133,320 |  |  | 56,207 |  |  | — |  |  | 189,527 |
Inventories | — |  |  | 144,511 |  |  | 46,361 |  |  | — |  |  | 190,872 |
Prepaid and other current assets | 27,251 |  |  | 15,385 |  |  | 12,388 |  |  | — |  |  | 55,024 |
Total current assets | 152,517 |  |  | 293,220 |  |  | 118,856 |  |  | — |  |  | 564,593 |
Property, plant and equipment, net | 9,562 |  |  | 205,027 |  |  | 120,153 |  |  | — |  |  | 334,742 |
Investment in subsidiaries | 184,307 |  |  | — |  |  | — |  |  | (184,307 | ) |  | — |
Other assets | 44,918 |  |  | 1,454 |  |  | 64,579 |  |  | — |  |  | 110,951 |
Total assets | $ | 391,304 |  |  | $ | 499,701 |  |  | $ | 303,588 |  |  | $ | (184,307 | ) |  | $ | 1,010,286 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 11,723 |  |  | $ | — |  |  | $ | 11,723 |
Accounts payable | 930 |  |  | 33,070 |  |  | 42,574 |  |  | — |  |  | 76,574 |
Other current liabilities | 22,687 |  |  | 39,104 |  |  | 25,678 |  |  | — |  |  | 87,469 |
Total current liabilities | 23,617 |  |  | 72,174 |  |  | 79,975 |  |  | — |  |  | 175,766 |
Long-term debt | 312,881 |  |  | — |  |  | 5,000 |  |  | — |  |  | 317,881 |
Other long-term liabilities | 29,267 |  |  | 38,125 |  |  | 52,368 |  |  | — |  |  | 119,760 |
Intercompany accounts | (369,700 | ) |  | 85,560 |  |  | 284,140 |  |  | — |  |  | — |
Titan stockholders' equity | 395,239 |  |  | 303,842 |  |  | (117,895 | ) |  | (185,947 | ) |  | 395,239 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 1,640 |  |  | 1,640 |
Total liabilities and stockholders’ equity | $ | 391,304 |  |  | $ | 499,701 |  |  | $ | 303,588 |  |  | $ | (184,307 | ) |  | $ | 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 | ) |  | $ | 6,025 |  |  | $ | 22,158 |  |  | $ | 20,648 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (1,378 | ) |  | (6,046 | ) |  | (731 | ) |  | (8,155 | )
Other, net | — |  |  | 21 |  |  | 87 |  |  | 108 |
Net cash used for investing activities | (1,378 | ) |  | (6,025 | ) |  | (644 | ) |  | (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 |  |  | 4 |  |  | 3,900 |  |  | 129,170 |
Cash and cash equivalents, end of period | $ | 116,518 |  |  | $ | 4 |  |  | $ | 12,786 |  |  | $ | 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 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 |  |  | 3 |  |  | 135 |  |  | 239,500 |
Cash and cash equivalents, end of period | $ | 229,924 |  |  | $ | 4 |  |  | $ | 120 |  |  | $ | 230,048 |

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