SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-7.875% SENIOR NOTES (Tables) (7.875% senior secured notes [Member])

3 Months Ended

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