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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 129,308 $ 129,170
Accounts receivable 245,948 189,527
Inventories 214,154 190,872
Deferred income taxes 34,098 26,775
Prepaid and other current assets 31,528 28,249
Total current assets 655,036 564,593
Property, plant and equipment, net 333,918 334,742
Other assets 110,245 110,951
Total assets 1,099,199 1,010,286
Current liabilities    
Short-term Debt 0 11,723
Accounts payable 112,666 76,574
Other current liabilities 99,481 87,469
Total current liabilities 212,147 175,766
Long-term debt 317,881 317,881
Deferred income taxes 38,414 38,691
Other long-term liabilities 87,069 81,069
Total liabilities 655,511 613,407
Titan stockholder's equity    
Common stock (no par, 120,000,000 shares authorized, 44,092,997 issued) 37 37
Additional paid-in capital 381,328 380,295
Retained earnings 102,261 67,053
Treasury stock (at cost, 1,856,828 and 1,887,316 shares, respectively) (17,065) (17,338)
Treasury stock reserved for deferred compensation (1,233) (1,233)
Accumulated other comprehensive loss (23,255) (33,575)
Total Titan stockholders' equity 442,073 395,239
Noncontrolling interests 1,615 1,640
Total equity 443,688 396,879
Total liabilities and equity $ 1,099,199 $ 1,010,286