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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2013
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 March 31, 2013
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 323,894 |  |  | $ | 254,493 |  |  | $ | — |  |  | $ | 578,387 |
Cost of sales | 390 |  |  | 256,226 |  |  | 225,020 |  |  | — |  |  | 481,636 |
Gross profit (loss) | (390 | ) |  | 67,668 |  |  | 29,473 |  |  | — |  |  | 96,751 |
Selling, general and administrative expenses | 2,317 |  |  | 17,824 |  |  | 22,302 |  |  | — |  |  | 42,443 |
Research and development expenses | 10 |  |  | 1,313 |  |  | 1,379 |  |  | — |  |  | 2,702 |
Royalty expense | — |  |  | 1,778 |  |  | 1,945 |  |  | — |  |  | 3,723 |
Income (loss) from operations | (2,717 | ) |  | 46,753 |  |  | 3,847 |  |  | — |  |  | 47,883 |
Interest expense | (7,731 | ) |  | — |  |  | (2,710 | ) |  | — |  |  | (10,441 | )
Convertible debt conversion charge | (7,273 | ) |  | — |  |  | — |  |  | — |  |  | (7,273 | )
Intercompany interest income (expense) | 497 |  |  | — |  |  | (497 | ) |  | — |  |  | — |
Other income | 644 |  |  | 24 |  |  | 751 |  |  | — |  |  | 1,419 |
Income (loss) before income taxes | (16,580 | ) |  | 46,777 |  |  | 1,391 |  |  | — |  |  | 31,588 |
Provision (benefit) for income taxes | (8,335 | ) |  | 16,953 |  |  | 3,581 |  |  | — |  |  | 12,199 |
Equity in earnings of subsidiaries | 27,634 |  |  | — |  |  | 18,632 |  |  | (46,266 | ) |  | — |
Net income (loss) | 19,389 |  |  | 29,824 |  |  | 16,442 |  |  | (46,266 | ) |  | 19,389 |
Net loss noncontrolling interests | — |  |  | — |  |  | — |  |  | (86 | ) |  | (86 | )
Net income (loss) attributable to Titan | $ | 19,389 |  |  | $ | 29,824 |  |  | $ | 16,442 |  |  | $ | (46,180 | ) |  | $ | 19,475 |
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 366,181 |  |  | $ | 96,907 |  |  | $ | — |  |  | $ | 463,088 |
Cost of sales | 302 |  |  | 280,031 |  |  | 89,392 |  |  | — |  |  | 369,725 |
Gross profit (loss) | (302 | ) |  | 86,150 |  |  | 7,515 |  |  | — |  |  | 93,363 |
Selling, general and administrative expenses | 10,587 |  |  | 15,157 |  |  | 5,091 |  |  | — |  |  | 30,835 |
Research and development expenses | 124 |  |  | 1,232 |  |  | 152 |  |  | — |  |  | 1,508 |
Royalty expense | — |  |  | 1,693 |  |  | 656 |  |  | — |  |  | 2,349 |
Income (loss) from operations | (11,013 | ) |  | 68,068 |  |  | 1,616 |  |  | — |  |  | 58,671 |
Interest expense | (6,062 | ) |  | — |  |  | (233 | ) |  | — |  |  | (6,295 | )
Other income | 2,174 |  |  | 314 |  |  | 623 |  |  | — |  |  | 3,111 |
Income (loss) before income taxes | (14,901 | ) |  | 68,382 |  |  | 2,006 |  |  | — |  |  | 55,487 |
Provision (benefit) for income taxes | (6,952 | ) |  | 25,114 |  |  | 1,931 |  |  | — |  |  | 20,093 |
Equity in earnings of subsidiaries | 43,343 |  |  | — |  |  | 32,552 |  |  | (75,895 | ) |  | — |
Net income (loss) | 35,394 |  |  | 43,268 |  |  | 32,627 |  |  | (75,895 | ) |  | 35,394 |
Net loss noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Net income (loss) attributable to Titan | $ | 35,394 |  |  | $ | 43,268 |  |  | $ | 32,627 |  |  | $ | (75,870 | ) |  | $ | 35,419 |
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 March 31, 2013
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 19,389 |  |  | $ | 29,824 |  |  | $ | 16,442 |  |  | $ | (46,266 | ) |  | $ | 19,389 |
Unrealized gain (loss) on investments, net of tax | (3 | ) |  | — |  |  | (3 | ) |  | 3 |  |  | (3 | )
Currency translation adjustment, net | 504 |  |  | — |  |  | (504 | ) |  | 504 |  |  | 504 |
Pension liability adjustments, net of tax | 951 |  |  | 781 |  |  | 170 |  |  | (951 | ) |  | 951 |
Comprehensive income (loss) | 20,841 |  |  | 30,605 |  |  | 16,105 |  |  | (46,710 | ) |  | 20,841 |
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (86 | ) |  | (86 | )
Comprehensive income (loss) attributable to Titan | $ | 20,841 |  |  | $ | 30,605 |  |  | $ | 16,105 |  |  | $ | (46,624 | ) |  | $ | 20,927 |
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 35,394 |  |  | $ | 43,268 |  |  | $ | 32,627 |  |  | $ | (75,895 | ) |  | $ | 35,394 |
Unrealized gain (loss) on investments, net of tax | 5,917 |  |  | — |  |  | 5,917 |  |  | (5,917 | ) |  | 5,917 |
Currency translation adjustment, net | 3,567 |  |  | — |  |  | 3,567 |  |  | (3,567 | ) |  | 3,567 |
Pension liability adjustments, net of tax | 836 |  |  | 790 |  |  | 46 |  |  | (836 | ) |  | 836 |
Comprehensive income (loss) | 45,714 |  |  | 44,058 |  |  | 42,157 |  |  | (86,215 | ) |  | 45,714 |
Net comprehensive loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (25 | ) |  | (25 | )
Comprehensive income (loss) attributable to Titan | $ | 45,714 |  |  | $ | 44,058 |  |  | $ | 42,157 |  |  | $ | (86,190 | ) |  | $ | 45,739 |
Condensed Financial Information, Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Balance Sheets March 31, 2013
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 423,372 |  |  | $ | 4 |  |  | $ | 85,071 |  |  | $ | — |  |  | $ | 508,447 |
Accounts receivable | — |  |  | 160,779 |  |  | 168,589 |  |  | — |  |  | 329,368 |
Inventories | — |  |  | 148,590 |  |  | 229,777 |  |  | — |  |  | 378,367 |
Prepaid and other current assets | 60,721 |  |  | 2,762 |  |  | 43,592 |  |  | — |  |  | 107,075 |
Total current assets | 484,093 |  |  | 312,135 |  |  | 527,029 |  |  | — |  |  | 1,323,257 |
Property, plant and equipment, net | 13,170 |  |  | 209,264 |  |  | 344,115 |  |  | — |  |  | 566,549 |
Investment in subsidiaries | 556,750 |  |  | — |  |  | 105,859 |  |  | (662,609 | ) |  | — |
Other assets | 38,540 |  |  | 1,834 |  |  | 124,169 |  |  | — |  |  | 164,543 |
Total assets | $ | 1,092,553 |  |  | $ | 523,233 |  |  | $ | 1,101,172 |  |  | $ | (662,609 | ) |  | $ | 2,054,349 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | 3,995 |  |  | $ | — |  |  | $ | 226,663 |  |  | $ | — |  |  | $ | 230,658 |
Accounts payable | 647 |  |  | 25,672 |  |  | 184,266 |  |  | — |  |  | 210,585 |
Other current liabilities | 9,065 |  |  | 53,279 |  |  | 66,560 |  |  | — |  |  | 128,904 |
Total current liabilities | 13,707 |  |  | 78,951 |  |  | 477,489 |  |  | — |  |  | 570,147 |
Long-term debt | 601,261 |  |  | — |  |  | 32,910 |  |  | — |  |  | 634,171 |
Other long-term liabilities | 44,817 |  |  | 34,512 |  |  | 81,786 |  |  | — |  |  | 161,115 |
Intercompany accounts | (230,075 | ) |  | (40,526 | ) |  | 270,601 |  |  | — |  |  | — |
Titan stockholders' equity | 662,843 |  |  | 450,296 |  |  | 238,386 |  |  | (688,682 | ) |  | 662,843 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 26,073 |  |  | 26,073 |
Total liabilities and stockholders’ equity | $ | 1,092,553 |  |  | $ | 523,233 |  |  | $ | 1,101,172 |  |  | $ | (662,609 | ) |  | $ | 2,054,349 |
(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 |  |  | $ | 4 |  |  | $ | 85,956 |  |  | $ | — |  |  | $ | 189,114 |
Accounts receivable | (72 | ) |  | 128,917 |  |  | 168,953 |  |  | — |  |  | 297,798 |
Inventories | — |  |  | 142,070 |  |  | 224,315 |  |  | — |  |  | 366,385 |
Prepaid and other current assets | 49,438 |  |  | 17,021 |  |  | 59,239 |  |  | — |  |  | 125,698 |
Total current assets | 152,520 |  |  | 288,012 |  |  | 538,463 |  |  | — |  |  | 978,995 |
Property, plant and equipment, net | 11,497 |  |  | 208,734 |  |  | 348,113 |  |  | — |  |  | 568,344 |
Investment in subsidiaries | 527,489 |  |  | — |  |  | 86,189 |  |  | (613,678 | ) |  | — |
Other assets | 35,564 |  |  | 499 |  |  | 109,705 |  |  | — |  |  | 145,768 |
Total assets | $ | 727,070 |  |  | $ | 497,245 |  |  | $ | 1,082,470 |  |  | $ | (613,678 | ) |  | $ | 1,693,107 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 145,801 |  |  | $ | — |  |  | $ | 145,801 |
Accounts payable | 1,000 |  |  | 21,222 |  |  | 157,843 |  |  | — |  |  | 180,065 |
Other current liabilities | 13,911 |  |  | 55,290 |  |  | 66,634 |  |  | — |  |  | 135,835 |
Total current liabilities | 14,911 |  |  | 76,512 |  |  | 370,278 |  |  | — |  |  | 461,701 |
Long-term debt | 312,881 |  |  | — |  |  | 128,557 |  |  | — |  |  | 441,438 |
Other long-term liabilities | 44,512 |  |  | 35,482 |  |  | 89,361 |  |  | — |  |  | 169,355 |
Intercompany accounts | (239,688 | ) |  | (34,272 | ) |  | 273,960 |  |  | — |  |  | — |
Titan stockholders' equity | 594,454 |  |  | 419,523 |  |  | 220,314 |  |  | (639,837 | ) |  | 594,454 |
Noncontrolling interests | — |  |  | — |  |  | — |  |  | 26,159 |  |  | 26,159 |
Total liabilities and stockholders’ equity | $ | 727,070 |  |  | $ | 497,245 |  |  | $ | 1,082,470 |  |  | $ | (613,678 | ) |  | $ | 1,693,107 |
Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2013
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (4,453 | ) |  | $ | 9,099 |  |  | $ | 16,634 |  |  | $ | 21,280 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (1,955 | ) |  | (9,099 | ) |  | (10,120 | ) |  | (21,174 | )
Other, net | — |  |  | — |  |  | (219 | ) |  | (219 | )
Net cash used for investing activities | (1,955 | ) |  | (9,099 | ) |  | (10,339 | ) |  | (21,393 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | 345,313 |  |  | — |  |  | — |  |  | 345,313 |
Payment on debt | — |  |  | — |  |  | (18,059 | ) |  | (18,059 | )
Term loan borrowing | — |  |  | — |  |  | 10,818 |  |  | 10,818 |
Convertible note conversion | (14,090 | ) |  | — |  |  | — |  |  | (14,090 | )
Proceeds from exercise of stock options | 739 |  |  | — |  |  | — |  |  | 739 |
Excess tax benefit from stock options exercised | (29 | ) |  | — |  |  | — |  |  | (29 | )
Payment of financing fees | (5,064 | ) |  | — |  |  | — |  |  | (5,064 | )
Dividends paid | (243 | ) |  | — |  |  | — |  |  | (243 | )
Net cash provided by (used for) financing activities | 326,626 |  |  | — |  |  | (7,241 | ) |  | 319,385 |
Effect of exchange rate change on cash | — |  |  | — |  |  | 61 |  |  | 61 |
Net increase (decrease) in cash and cash equivalents | 320,218 |  |  | — |  |  | (885 | ) |  | 319,333 |
Cash and cash equivalents, beginning of period | 103,154 |  |  | 4 |  |  | 85,956 |  |  | 189,114 |
Cash and cash equivalents, end of period | $ | 423,372 |  |  | $ | 4 |  |  | $ | 85,071 |  |  | $ | 508,447 |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2012
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (7,535 | ) |  | $ | 6,025 |  |  | $ | 22,158 |  |  | $ | 20,648 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (1,378 | ) |  | (6,046 | ) |  | (731 | ) |  | (8,155 | )
Other, net | — |  |  | 21 |  |  | 87 |  |  | 108 |
Net cash used for investing activities | (1,378 | ) |  | (6,025 | ) |  | (644 | ) |  | (8,047 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Payment on debt | — |  |  | — |  |  | (12,444 | ) |  | (12,444 | )
Proceeds from exercise of stock options | 370 |  |  | — |  |  | — |  |  | 370 |
Excess tax benefit from stock options exercised | 6 |  |  | — |  |  | — |  |  | 6 |
Dividends paid | (211 | ) |  | — |  |  | — |  |  | (211 | )
Net cash provided by (used for) financing activities | 165 |  |  | — |  |  | (12,444 | ) |  | (12,279 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | (184 | ) |  | (184 | )
Net increase (decrease) in cash and cash equivalents | (8,748 | ) |  | — |  |  | 8,886 |  |  | 138 |
Cash and cash equivalents, beginning of period | 125,266 |  |  | 4 |  |  | 3,900 |  |  | 129,170 |
Cash and cash equivalents, end of period | $ | 116,518 |  |  | $ | 4 |  |  | $ | 12,786 |  |  | $ | 129,308 |

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