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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2012
INCOME TAXES [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | Income (loss) before income taxes, consisted of the following (amounts in thousands):
| 2012 |  | 2011 |  | 2010
Domestic | $ | 167,008 |  |  | $ | 82,282 |  |  | $ | (9,148 | )
Foreign | 13,565 |  |  | 13,613 |  |  | (42 | )
| $ | 180,573 |  |  | $ | 95,895 |  |  | $ | (9,190 | )
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The income tax provision (benefit) was as follows (amounts in thousands):
| 2012 |  | 2011 |  | 2010
Current |  |  |  |  |
Federal | $ | 47,616 |  |  | $ | 32,140 |  |  | $ | (853 | )
State | 13,537 |  |  | 3,271 |  |  | (331 | )
Foreign | 8,290 |  |  | 2,797 |  |  | — |
| 69,443 |  |  | 38,208 |  |  | (1,184 | )
Deferred |  |  |  |  |  |  |  |
Federal | 14,179 |  |  | (1,904 | ) |  | (2,531 | )
State | 1,235 |  |  | (357 | ) |  | 451 |
Foreign | 1,756 |  |  | 1,812 |  |  | — |
| 17,170 |  |  | (449 | ) |  | (2,080 | )
Income tax provision (benefit) | $ | 86,613 |  |  | $ | 37,759 |  |  | $ | (3,264 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The income tax provision differs from the amount of income tax determined by applying the statutory U.S. federal income tax rate to pre-tax income (loss) as a result of the following:
| 2012 |  | 2011 |  | 2010
Statutory U.S. federal tax rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
Unrecognized tax positions | 3.7 |  |  | — |  |  | — |
Tax impact of foreign income | 6.4 |  |  | (0.2 | ) |  | (0.2 | )
State taxes, net | 2.7 |  |  | 1.9 |  |  | (0.7 | )
Domestic production exemption | (3.3 | ) |  | (3.9 | ) |  | — |
Debt conversion expense | — |  |  | 6.9 |  |  | — |
Section 162m limitation | 2.6 |  |  | — |  |  | — |
Write off of Titan Europe deferred tax asset | 2.1 |  |  | — |  |  | — |
Other, net | (1.2 | ) |  | (0.3 | ) |  | 1.4 |
Effective tax rate | 48.0 | % |  | 39.4 | % |  | 35.5 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities at December 31, 2012 and 2011, are as follows (amounts in thousands):
| 2012 |  | 2011
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 37,519 |  |  | $ | 815 |
Pension | 14,684 |  |  | 15,412 |
Unrealized loss on investments | — |  |  | 5,118 |
Inventory | 3,412 |  |  | 6,621 |
Warranty | 9,723 |  |  | 6,707 |
Employee benefits and related costs | 11,319 |  |  | 4,259 |
Allowance for bad debts | 3,335 |  |  | 3,147 |
Prepaid royalties | 7,053 |  |  | 1,642 |
Reserves, other | 3,988 |  |  | — |
Fixed assets | 8,418 |  |  | — |
Other | 14,370 |  |  | 6,425 |
Deferred tax assets | 113,821 |  |  | 50,146 |
Deferred tax liabilities: |  |  |  |  |
Fixed assets | (82,400 | ) |  | (62,062 | )
Intangible Assets | (6,225 | ) |  | — |
Other | (8,006 | ) |  | — |
Deferred tax liabilities | (96,631 | ) |  | (62,062 | )
Subtotal | 17,190 |  |  | (11,916 | )
Valuation allowance | (23,691 | ) |  | — |
Net deferred tax asset | $ | (6,501 | ) |  | $ | (11,916 | )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | A reconciliation of the total amounts of unrecognized tax benefits at December 31 were as follows (amounts in thousands):
| 2012 |  | 2011 |  | 2010
Balance at January 1 | — |  |  | — |  |  | — |
Increases to tax positions taken during the current year | 6,050 |  |  | — |  |  | — |
Increases to tax positions taken during the prior years | 5,822 |  |  | — |  |  | — |
Balance at December 31 | 11,872 |  |  | — |  |  | — |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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