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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 508,447 $ 189,114
Accounts receivable, net 329,368 297,798
Inventories 378,367 366,385
Deferred income taxes 32,208 50,558
Prepaid and other current assets 74,867 75,140
Total current assets 1,323,257 978,995
Property, plant and equipment, net 566,549 568,344
Goodwill 25,101 24,941
Deferred income taxes 25,508 8,383
Other assets 113,934 112,444
Total assets 2,054,349 1,693,107
Current liabilities    
Short-term debt 230,658 145,801
Accounts payable 210,585 180,065
Other current liabilities 128,904 135,835
Total current liabilities 570,147 461,701
Long-term debt 634,171 441,438
Deferred income taxes 61,071 62,259
Other long-term liabilities 100,044 107,096
Total liabilities 1,365,433 1,072,494
Titan stockholders' equity    
Common stock (no par, 120,000,000 shares authorized, 55,253,092 and 50,350,048 issued, respectively) 0 0
Additional paid-in capital 554,488 507,199
Retained earnings 180,936 161,729
Treasury stock (at cost, 1,738,661 and 1,787,844 shares, respectively) (16,004) (16,445)
Treasury stock reserved for deferred compensation (1,075) (1,075)
Accumulated other comprehensive loss (55,502) (56,954)
Total Titan stockholders' equity 662,843 594,454
Noncontrolling interests 26,073 26,159
Total equity 688,916 620,613
Total liabilities and equity $ 2,054,349 $ 1,693,107