SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-5.625% CONVERTIBLE NOTES (Tables) (Convertible Senior Subordinated Notes 5.625 Percent [Member])

9 Months Ended

Sep. 30, 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 September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	311,422	$	93,297		$	—		$	404,719
Cost of sales	253			246,275		91,030			—			337,558
Gross profit (loss)	(253		)	65,147		2,267			—			67,161
Selling, general and administrative expenses	(9,013		)	40,635		(6,125		)	—			25,497
Research and development expenses	155			1,604		—			—			1,759
Royalty expense	—			1,778		1,961			—			3,739
Income from operations	8,605			21,130		6,431			—			36,166
Interest expense	(6,012		)	—		(175		)	—			(6,187		)
Other income	1,163			364		912			—			2,439
Income before income taxes	3,756			21,494		7,168			—			32,418
Provision (benefit) for income taxes	6,329			7,398		(138		)	—			13,589
Equity in earnings of subsidiaries	21,402			—		5,420			(26,822		)	—
Net income (loss)	18,829			14,096		12,726			(26,822		)	18,829
Net loss noncontrolling interests	—			—		—			(750		)	(750		)
Net income (loss) attributable to Titan	$	18,829		$	14,096	$	12,726		$	(26,072	)	$	19,579



(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Three Months Ended September 30, 2011
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	299,695	$	99,110		$	—		$	398,805
Cost of sales	380			255,509		89,922			—			345,811
Gross profit (loss)	(380		)	44,186		9,188			—			52,994
Selling, general and administrative expenses	(4,443		)	2,467		10,524			—			8,548
Research and development expenses	—			796		—			—			796
Royalty expense	—			1,620		643			—			2,263
Income (loss) from operations	4,063			39,303		(1,979		)	—			41,387
Interest expense	(6,114		)	—		(502		)	—			(6,616		)
Other income (expense)	(552		)	5		(9		)	—			(556		)
Income (loss) before income taxes	(2,603		)	39,308		(2,490		)	—			34,215
Provision (benefit) for income taxes	(988		)	14,605		(927		)	—			12,690
Equity in earnings of subsidiaries	23,140			—		—			(23,140		)	—
Net income (loss)	21,525			24,703		(1,563		)	(23,140		)	21,525
Net income noncontrolling interests	—			—		—			362			362
Net income (loss) attributable to Titan	$	21,525		$	24,703	$	(1,563	)	$	(23,502	)	$	21,163



(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Nine Months Ended September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,055,586	$	271,454		$	—		$	1,327,040
Cost of sales	812			828,935		254,683			—			1,084,430
Gross profit (loss)	(812		)	226,651		16,771			—			242,610
Selling, general and administrative expenses	4,970			71,372		3,400			—			79,742
Research and development expenses	327			3,983		146			—			4,456
Royalty expense	—			5,250		3,490			—			8,740
Supply agreement termination income	—			—		(26,134		)	—			(26,134		)
Income (loss) from operations	(6,109		)	146,046		35,869			—			175,806
Interest expense	(18,119		)	—		(580		)	—			(18,699		)
Other income	3,620			1,174		1,369			—			6,163
Income (loss) before income taxes	(20,608		)	147,220		36,658			—			163,270
Provision for income taxes	1,261			51,311		12,150			—			64,722
Equity in earnings of subsidiaries	120,417			—		24,242			(144,659		)	—
Net income (loss)	98,548			95,909		48,750			(144,659		)	98,548
Net loss noncontrolling interests	—			—		—			(506		)	(506		)
Net income (loss) attributable to Titan	$	98,548		$	95,909	$	48,750		$	(144,153	)	$	99,054



(Amounts in thousands)	Consolidating Condensed Statements of Operations For the Nine Months Ended September 30, 2011
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	890,916		$	193,165		$	—		$	1,084,081
Cost of sales	1,282			733,379			175,820			—			910,481
Gross profit (loss)	(1,282		)	157,537			17,345			—			173,600
Selling, general and administrative expenses	15,513			7,654			27,247			—			50,414
Research and development expenses	4			2,989			—			—			2,993
Royalty expense	—			6,304			1,226			—			7,530
Income (loss) from operations	(16,799		)	140,590			(11,128		)	—			112,663
Interest expense	(18,426		)	—			(619		)	—			(19,045		)
Noncash convertible debt conversion charge	(16,135		)	—			—			—			(16,135		)
Other income (expense)	1,644			(236		)	499			—			1,907
Income (loss) before income taxes	(49,716		)	140,354			(11,248		)	—			79,390
Provision (benefit) for income taxes	(12,424		)	51,931			(4,162		)	—			35,345
Equity in earnings of subsidiaries	81,337			—			—			(81,337		)	—
Net income (loss)	44,045			88,423			(7,086		)	(81,337		)	44,045
Net income noncontrolling interests	—			—			—			354			354
Net income (loss) attributable to Titan	$	44,045		$	88,423		$	(7,086	)	$	(81,691	)	$	43,691

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 September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	18,829		$	14,096	$	12,726		$	(26,822	)	$	18,829
Unrealized gain (loss) on investments, net of tax	(353		)	—		(353		)	353			(353		)
Currency translation adjustment, net	(1,247		)	—		(1,247		)	1,247			(1,247		)
Pension liability adjustments, net of tax	836			790		46			(836		)	836
Comprehensive income (loss)	18,065			14,886		11,172			(26,058		)	18,065
Net comprehensive loss attributable to noncontrolling interests	—			—		—			(750		)	(750		)
Comprehensive income (loss) attributable to Titan	$	18,065		$	14,886	$	11,172		$	(25,308	)	$	18,815



(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Three Months Ended September 30, 2011
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	21,525		$	24,703	$	(1,563	)	$	(23,140	)	$	21,525
Unrealized gain (loss) on investments, net of tax	(11,433		)	—		(11,433		)	11,433			(11,433		)
Currency translation adjustment, net	(12,861		)	—		(12,861		)	12,861			(12,861		)
Pension liability adjustments, net of tax	594			554		40			(594		)	594
Comprehensive income (loss)	(2,175		)	25,257		(25,817		)	560			(2,175		)
Net comprehensive income attributable to noncontrolling interests	—			—		—			362			362
Comprehensive income (loss) attributable to Titan	$	(2,175	)	$	25,257	$	(25,817	)	$	198		$	(2,537	)



(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Nine Months Ended September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	98,548		$	95,909	$	48,750		$	(144,659	)	$	98,548
Unrealized gain (loss) on investments, net of tax	(16		)	—		(16		)	16			(16		)
Currency translation adjustment, net	(5,816		)	—		(5,816		)	5,816			(5,816		)
Pension liability adjustments, net of tax	2,508			2,370		138			(2,508		)	2,508
Comprehensive income (loss)	95,224			98,279		43,056			(141,335		)	95,224
Net comprehensive loss attributable to noncontrolling interests	—			—		—			(506		)	(506		)
Comprehensive income (loss) attributable to Titan	$	95,224		$	98,279	$	43,056		$	(140,829	)	$	95,730



(Amounts in thousands)	Consolidating Condensed Statements of Comprehensive Income For the Nine Months Ended September 30, 2011
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	44,045		$	88,423	$	(7,086	)	$	(81,337	)	$	44,045
Unrealized gain (loss) on investments, net of tax	2,219			—		2,219			(2,219		)	2,219
Currency translation adjustment, net	(9,929		)	—		(9,929		)	9,929			(9,929		)
Pension liability adjustments, net of tax	1,779			1,659		120			(1,779		)	1,779
Comprehensive income (loss)	38,114			90,082		(14,676		)	(75,406		)	38,114
Net comprehensive income attributable to noncontrolling interests	—			—		—			354			354
Comprehensive income (loss) attributable to Titan	$	38,114		$	90,082	$	(14,676	)	$	(75,760	)	$	37,760

Condensed Financial Information, Condensed Balance Sheet [Table Text Block]



(Amounts in thousands)	Consolidating Condensed Balance Sheets September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	109,913		$	21	$	24,956		$	—		$	134,890
Accounts receivable	—			168,326		60,049			—			228,375
Inventories	—			178,719		69,059			—			247,778
Prepaid and other current assets	43,318			20,990		13,654			—			77,962
Total current assets	153,231			368,056		167,718			—			689,005
Property, plant and equipment, net	10,119			215,980		110,670			—			336,769
Investment in subsidiaries	294,154			—		24,798			(318,952		)	—
Other assets	42,008			550		89,798			—			132,356
Total assets	$	499,512		$	584,586	$	392,984		$	(318,952	)	$	1,158,130
Liabilities and Stockholders’ Equity
Short-term debt	$	—		$	—	$	7,517		$	—		$	7,517
Accounts payable	2,360			38,454		65,856			—			106,670
Other current liabilities	4,746			52,961		23,591			—			81,298
Total current liabilities	7,106			91,415		96,964			—			195,485
Long-term debt	312,881			—		1,016			—			313,897
Other long-term liabilities	49,500			32,675		44,325			—			126,500
Intercompany accounts	(364,832		)	94,647		270,185			—			—
Titan stockholders' equity	494,857			365,849		(19,506		)	(346,343		)	494,857
Noncontrolling interests	—			—		—			27,391			27,391
Total liabilities and stockholders’ equity	$	499,512		$	584,586	$	392,984		$	(318,952	)	$	1,158,130



(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 Nine Months Ended September 30, 2012
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash provided by operating activities	$	20,502		$	21,736		$	42,850		$	85,088
Cash flows from investing activities:
Capital expenditures	(3,571		)	(22,076		)	(10,672		)	(36,319		)
Acquisitions, net of cash acquired	(32,760		)	—			—			(32,760		)
Other, net	—			355			281			636
Net cash used for investing activities	(36,331		)	(21,721		)	(10,391		)	(68,443		)
Cash flows from financing activities:
Payment on debt	—			—			(14,434		)	(14,434		)
Term loan borrowing	—			—			4,378			4,378
Proceeds from exercise of stock options	925			—			—			925
Excess tax benefit from stock options exercised	185			—			—			185
Dividends paid	(634		)	—			—			(634		)
Net cash provided by (used for) financing activities	476			—			(10,056		)	(9,580		)
Effect of exchange rate change on cash	—			—			(1,345		)	(1,345		)
Net increase (decrease) in cash and cash equivalents	(15,353		)	15			21,058			5,720
Cash and cash equivalents, beginning of period	125,266			6			3,898			129,170
Cash and cash equivalents, end of period	$	109,913		$	21		$	24,956		$	134,890



(Amounts in thousands)	Consolidating Condensed Statements of Cash Flows For the Nine Months Ended September 30, 2011
	Titan Intl., Inc. (Parent)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Net cash provided by (used for) operating activities	$	(18,544	)	$	12,085		$	(5,224	)	$	(11,683	)
Cash flows from investing activities:
Capital expenditures	(2,583		)	(13,514		)	(1,804		)	(17,901		)
Acquisitions, net of cash acquired	(99,118		)	—			—			(99,118		)
Purchases of marketable securities	(30,000		)	—			—			(30,000		)
Other, net	—			1,431			510			1,941
Net cash used for investing activities	(131,701		)	(12,083		)	(1,294		)	(145,078		)
Cash flows from financing activities:
Repurchase of senior unsecured notes	(1,064		)	—			—			(1,064		)
Payment on debt	—			—			(629		)	(629		)
Term loan borrowing	—			—			14,148			14,148
Proceeds from exercise of stock options	477			—			—			477
Dividends paid	(598		)	—			—			(598		)
Net cash provided by (used for) financing activities	(1,185		)	—			13,519			12,334
Effect of exchange rate change on cash	—			—			(799		)	(799		)
Net increase (decrease) in cash and cash equivalents	(151,430		)	2			6,202			(145,226		)
Cash and cash equivalents, beginning of period	239,362			6			132			239,500
Cash and cash equivalents, end of period	$	87,932		$	8		$	6,334		$	94,274