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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION-5.625% CONVERTIBLE NOTES (Tables) (Convertible Senior Subordinated Notes 5.625 Percent [Member])
12 Months Ended
Dec. 31, 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
Year Ended December 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$

 
$
1,345,874

 
$
474,804

 
$

 
$
1,820,678

Cost of sales
1,065

 
1,071,341

 
454,133

 

 
1,526,539

Gross profit (loss)
(1,065
)
 
274,533

 
20,671

 

 
294,139

Selling, general and administrative expenses
9,993

 
89,605

 
26,559

 

 
126,157

Research and development expenses
381

 
5,792

 
975

 

 
7,148

Royalty expense

 
7,029

 
5,231

 

 
12,260

Supply agreement termination income

 

 
(26,134
)
 

 
(26,134
)
Income (loss) from operations
(11,439
)
 
172,107

 
14,040

 

 
174,708

Interest expense
(24,066
)
 

 
(3,592
)
 

 
(27,658
)
Noncash Titan Europe Plc gain
26,700

 

 

 

 
26,700

Intercompany interest income (expense)
285

 
2,051

 
(2,336
)
 

 

Other income (expense)
4,847

 
23

 
1,953

 

 
6,823

Income (loss) before income taxes
(3,673
)
 
174,181

 
10,065

 

 
180,573

Provision (benefit) for income taxes
19,327

 
60,645

 
6,641

 

 
86,613

Equity in earnings of subsidiaries
116,960

 

 
35,498

 
(152,458
)
 

Net income (loss)
93,960

 
113,536

 
38,922

 
(152,458
)
 
93,960

Net loss noncontrolling interests

 

 

 
(1,593
)
 
(1,593
)
Net income (loss) attributable to Titan
$
93,960

 
$
113,536

 
$
38,922

 
$
(150,865
)
 
$
95,553


 
(Amounts in thousands)
Consolidating Condensed Statements of Operations
Year Ended December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$

 
$
1,195,707

 
$
291,291

 
$

 
$
1,486,998

Cost of sales
1,276

 
984,289

 
269,325

 

 
1,254,890

Gross profit (loss)
(1,276
)
 
211,418

 
21,966

 

 
232,108

Selling, general and administrative expenses
30,936

 
10,648

 
44,333

 

 
85,917

Research and development expenses
87

 
4,141

 

 

 
4,228

Royalty expense

 
7,997

 
1,793

 

 
9,790

Income (loss) from operations
(32,299
)
 
188,632

 
(24,160
)
 

 
132,173

Interest expense
(24,489
)
 

 
(770
)
 

 
(25,259
)
Noncash convertible debt conversion charge
(16,135
)
 

 

 

 
(16,135
)
Other income (expense)
5,456

 
(127
)
 
(213
)
 

 
5,116

Income (loss) before income taxes
(67,467
)
 
188,505

 
(25,143
)
 

 
95,895

Provision (benefit) for income taxes
(17,294
)
 
63,527

 
(8,474
)
 

 
37,759

Equity in earnings of subsidiaries
108,309

 

 

 
(108,309
)
 

Net income (loss)
$
58,136

 
$
124,978

 
$
(16,669
)
 
$
(108,309
)
 
$
58,136

Net loss noncontrolling interests

 

 

 
(16
)
 
(16
)
Net income (loss) attributable to Titan
$
58,136

 
$
124,978

 
$
(16,669
)
 
$
(108,293
)
 
$
58,152



(Amounts in thousands)
Consolidating Condensed Statements of Operations
Year Ended December 31, 2010
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$

 
$
881,591

 
$

 
$

 
$
881,591

Cost of sales
2,340

 
773,396

 
1,765

 

 
777,501

Gross profit (loss)
(2,340
)
 
108,195

 
(1,765
)
 

 
104,090

Selling, general and administrative expenses
27,400

 
8,790

 
21,375

 

 
57,565

Research and development expenses

 
6,317

 

 

 
6,317

Royalty expense

 
9,263

 

 

 
9,263

Income (loss) from operations
(29,740
)
 
83,825

 
(23,140
)
 

 
30,945

Interest expense
(26,667
)
 

 

 

 
(26,667
)
Loss on note repurchase
(14,573
)
 

 

 

 
(14,573
)
Other income
921

 
49

 
135

 

 
1,105

Income (loss) before income taxes
(70,059
)
 
83,874

 
(23,005
)
 

 
(9,190
)
Provision (benefit) for income taxes
(31,409
)
 
38,463

 
(10,318
)
 

 
(3,264
)
Equity in earnings of subsidiaries
32,724

 

 

 
(32,724
)
 

Net income (loss)
$
(5,926
)
 
$
45,411

 
$
(12,687
)
 
$
(32,724
)
 
$
(5,926
)
Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Statements of Comprehensive Income
For the Year Ended December 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net income (loss)
$
93,960

 
$
113,536

 
$
38,922

 
$
(152,458
)
 
$
93,960

Unrealized gain (loss) on investments, net of tax
1,733

 

 
1,733

 
(1,733
)
 
1,733

Noncash Titan Europe Plc gain, net of tax
(17,208
)
 

 
(17,208
)
 
17,208

 
(17,208
)
Currency translation adjustment, net
(7,262
)
 

 
(7,262
)
 
7,262

 
(7,262
)
Pension liability adjustments, net of tax
(642
)
 
954

 
(1,596
)
 
642

 
(642
)
Comprehensive income (loss)
70,581

 
114,490

 
14,589

 
(129,079
)
 
70,581

Net comprehensive loss attributable to noncontrolling interests

 

 

 
(1,593
)
 
(1,593
)
Comprehensive income (loss) attributable to Titan
$
70,581

 
$
114,490

 
$
14,589

 
$
(127,486
)
 
$
72,174



(Amounts in thousands)
Consolidating Condensed Statements of Comprehensive Income
For the Year Ended December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net income (loss)
$
58,136

 
$
124,978

 
$
(16,669
)
 
$
(108,309
)
 
$
58,136

Unrealized gain (loss) on investments, net of tax
4,009

 

 
4,009

 
(4,009
)
 
4,009

Currency translation adjustment, net
(12,833
)
 

 
(12,833
)
 
12,833

 
(12,833
)
Pension liability adjustments, net of tax
(7,709
)
 
(6,762
)
 
(947
)
 
7,709

 
(7,709
)
Comprehensive income (loss)
41,603

 
118,216

 
(26,440
)
 
(91,776
)
 
41,603

Net comprehensive loss attributable to noncontrolling interests

 

 

 
(16
)
 
(16
)
Comprehensive income (loss) attributable to Titan
$
41,603

 
$
118,216

 
$
(26,440
)
 
$
(91,760
)
 
$
41,619



(Amounts in thousands)
Consolidating Condensed Statements of Comprehensive Income
For the Year Ended December 31, 2010
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Net income (loss)
$
(5,926
)
 
$
45,411

 
$
(12,687
)
 
$
(32,724
)
 
$
(5,926
)
Unrealized gain (loss) on investments, net of tax
10,554

 

 
10,554

 
(10,554
)
 
10,554

Pension liability adjustments, net of tax
710

 
667

 
43

 
(710
)
 
710

Comprehensive income (loss) attributable to Titan
$
5,338

 
$
46,078

 
$
(2,090
)
 
$
(43,988
)
 
$
5,338

Condensed Financial Information, Condensed Balance Sheet [Table Text Block]
(Amounts in thousands)
Consolidating Condensed Balance Sheets
December 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
103,154

 
$
6

 
$
85,954

 
$

 
$
189,114

Accounts receivable
(72
)
 
131,022

 
166,848

 

 
297,798

Inventories

 
158,407

 
207,978

 

 
366,385

Prepaid and other current assets
49,438

 
17,159

 
59,101

 

 
125,698

Total current assets
152,520

 
306,594

 
519,881

 

 
978,995

Property, plant and equipment, net
11,497

 
222,533

 
334,314

 

 
568,344

Investment in subsidiaries
527,499

 

 
35,089

 
(562,588
)
 

Other assets
35,564

 
499

 
109,705

 

 
145,768

Total assets
$
727,080

 
$
529,626

 
$
998,989

 
$
(562,588
)
 
$
1,693,107

Liabilities and Stockholders’ Equity
 

 
 

 
 

 
 

 
 

Short-term debt
$

 
$

 
$
145,801

 
$

 
$
145,801

Accounts payable
1,000

 
21,892

 
157,173

 

 
180,065

Other current liabilities
13,911

 
55,661

 
66,263

 

 
135,835

Total current liabilities
14,911

 
77,553

 
369,237

 

 
461,701

Long-term debt
312,881

 

 
128,557

 

 
441,438

Other long-term liabilities
44,512

 
35,544

 
89,299

 

 
169,355

Intercompany accounts
(239,678
)
 
34,033

 
205,645

 

 

Titan stockholders' equity
594,454

 
382,496

 
206,251

 
(588,747
)
 
594,454

Noncontrolling interests

 

 

 
26,159

 
26,159

Total liabilities and stockholders’ equity
$
727,080

 
$
529,626

 
$
998,989

 
$
(562,588
)
 
$
1,693,107

(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
Year Ended December 31, 2012
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
(14,959
)
 
$
35,872

 
$
109,255

 
$
130,168

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(6,931
)
 
(36,572
)
 
(22,237
)
 
(65,740
)
Acquisitions, net of cash acquired
780

 

 

 
780

Other, net

 
700

 
366

 
1,066

Net cash used for investing activities
(6,151
)
 
(35,872
)
 
(21,871
)
 
(63,894
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Proceeds from borrowings

 

 
8,838

 
8,838

Payment on debt

 

 
(20,811
)
 
(20,811
)
Term loan borrowing

 

 
8,333

 
8,333

Proceeds from exercise of stock options
934

 

 

 
934

Excess tax benefit from stock options exercised
184

 

 

 
184

Payment of financing fees
(1,275
)
 

 

 
(1,275
)
Dividends paid
(845
)
 

 

 
(845
)
Net cash used for financing activities
(1,002
)
 

 
(3,640
)
 
(4,642
)
Effect of exchange rate change on cash

 

 
(1,688
)
 
(1,688
)
Net increase (decrease) in cash and cash equivalents
(22,112
)
 

 
82,056

 
59,944

Cash and cash equivalents, beginning of period
125,266

 
6

 
3,898

 
129,170

Cash and cash equivalents, end of period
$
103,154

 
$
6

 
$
85,954

 
$
189,114



(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2011
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
(12,391
)
 
$
17,958

 
$
(1,141
)
 
$
4,426

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(3,530
)
 
(19,721
)
 
(12,493
)
 
(35,744
)
Acquisitions, net of cash acquired
(99,118
)
 

 

 
(99,118
)
Purchases of marketable securities
(30,000
)
 

 

 
(30,000
)
Sales of marketable securities
31,586

 

 

 
31,586

Other, net

 
1,763

 
710

 
2,473

Net cash used for investing activities
(101,062
)
 
(17,958
)
 
(11,783
)
 
(130,803
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Repurchase of senior unsecured notes
(1,064
)
 

 

 
(1,064
)
Payment on debt

 

 
(8,856
)
 
(8,856
)
Term loan borrowing

 

 
25,879

 
25,879

Proceeds from exercise of stock options
524

 

 

 
524

Excess tax benefit from stock options
706

 

 

 
706

Dividends paid
(809
)
 

 

 
(809
)
Net cash provided by (used for) financing activities
(643
)
 

 
17,023

 
16,380

Effect of exchange rate change on cash

 

 
(333
)
 
(333
)
Net increase (decrease) in cash and cash equivalents
(114,096
)
 

 
3,766

 
(110,330
)
Cash and cash equivalents, beginning of period
239,362

 
6

 
132

 
239,500

Cash and cash equivalents, end of period
$
125,266

 
$
6

 
$
3,898

 
$
129,170

 

(Amounts in thousands)
Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2010
 
Titan
 Intl., Inc. (Parent)
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidated
Net cash provided by (used for) operating activities
$
28,158

 
$
22,036

 
$
517

 
$
50,711

Cash flows from investing activities:
 

 
 

 
 

 
 

Capital expenditures
(6,155
)
 
(22,123
)
 
(576
)
 
(28,854
)
Other, net

 
82

 
24

 
106

Net cash used for investing activities
(6,155
)
 
(22,041
)
 
(552
)
 
(28,748
)
Cash flows from financing activities:
 

 
 

 
 

 
 

Proceeds from borrowings
200,000

 

 

 
200,000

Repurchase of senior notes
(206,166
)
 

 

 
(206,166
)
Proceeds from exercise of stock options
285

 

 

 
285

Payment of financing fees
(5,057
)
 

 

 
(5,057
)
Dividends paid
(707
)
 

 

 
(707
)
Net cash used for financing activities
(11,645
)
 

 

 
(11,645
)
Net increase (decrease) in cash and cash equivalents
10,358

 
(5
)
 
(35
)
 
10,318

Cash and cash equivalents, beginning of period
229,004

 
11

 
167

 
229,182

Cash and cash equivalents, end of period
$
239,362

 
$
6

 
$
132

 
$
239,500