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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 134,890 $ 129,170
Accounts receivable, net 228,375 189,527
Inventories 247,778 190,872
Deferred income taxes 32,706 26,775
Prepaid and other current assets 45,256 28,249
Total current assets 689,005 564,593
Property, plant and equipment, net 336,769 334,742
Other assets 132,356 110,951
Total assets 1,158,130 1,010,286
Current liabilities    
Short-term debt 7,517 11,723
Accounts payable 106,670 76,574
Other current liabilities 81,298 87,469
Total current liabilities 195,485 175,766
Long-term debt 313,897 317,881
Deferred income taxes 53,001 38,691
Other long-term liabilities 73,499 81,069
Total liabilities 635,882 613,407
Titan stockholder's equity    
Common stock (no par, 120,000,000 shares authorized, 44,092,997 issued) 37 37
Additional paid-in capital 383,998 380,295
Retained earnings 165,473 67,053
Treasury stock (at cost, 1,796,015 and 1,887,316 shares, respectively) (16,519) (17,338)
Treasury stock reserved for deferred compensation (1,233) (1,233)
Accumulated other comprehensive loss (36,899) (33,575)
Total Titan stockholders' equity 494,857 395,239
Noncontrolling interests 27,391 1,640
Total equity 522,248 396,879
Total liabilities and equity $ 1,158,130 $ 1,010,286