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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 424,387 $ 189,114
Accounts receivable, net 335,854 297,798
Inventories 368,963 366,385
Deferred income taxes 30,208 50,558
Prepaid and other current assets 87,557 92,268
Total current assets 1,246,969 996,123
Property, plant and equipment, net 554,154 568,344
Goodwill 22,343 24,941
Deferred income taxes 7,566 8,383
Other assets 113,515 112,444
Total assets 1,944,547 1,710,235
Current liabilities    
Short-term debt 105,110 145,801
Accounts payable 211,878 180,065
Other current liabilities 134,172 141,214
Total current liabilities 451,160 467,080
Long-term debt 638,846 441,438
Deferred income taxes 50,305 62,259
Other long-term liabilities 103,518 107,096
Total liabilities 1,243,829 1,077,873
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 556,455 507,199
Retained earnings 215,564 173,407
Treasury stock (at cost, 1,724,107 and 1,787,844 shares, respectively) (15,873) (16,445)
Treasury stock reserved for deferred compensation (1,075) (1,075)
Accumulated other comprehensive loss (77,107) (56,469)
Total Titan stockholders' equity 677,964 606,617
Noncontrolling interests 22,754 25,745
Total equity 700,718 632,362
Total liabilities and equity $ 1,944,547 $ 1,710,235