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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2015
SUBSIDIARY GUARANTOR FINANCIAL INFORMATION [Abstract] |
Condensed Financial Information, Condensed Statement of Operations [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 138,638 |  |  | $ | 170,198 |  |  | $ | — |  |  | $ | 308,836 |
Cost of sales | 196 |  |  | 123,052 |  |  | 159,435 |  |  | — |  |  | 282,683 |
Gross profit (loss) | (196 | ) |  | 15,586 |  |  | 10,763 |  |  | — |  |  | 26,153 |
Selling, general and administrative expenses | 2,118 |  |  | 17,490 |  |  | 15,904 |  |  | — |  |  | 35,512 |
Research and development expenses | — |  |  | 854 |  |  | 2,128 |  |  | — |  |  | 2,982 |
Royalty expense | — |  |  | 1,354 |  |  | 767 |  |  | — |  |  | 2,121 |
Loss from operations | (2,314 | ) |  | (4,112 | ) |  | (8,036 | ) |  | — |  |  | (14,462 | )
Interest expense | (8,041 | ) |  | — |  |  | (248 | ) |  | — |  |  | (8,289 | )
Intercompany interest income (expense) | 214 |  |  | — |  |  | (214 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | 182 |  |  | (1 | ) |  | (15,514 | ) |  | — |  |  | (15,333 | )
Other income (expense) | (410 | ) |  | 42 |  |  | 1,123 |  |  | — |  |  | 755 |
Loss before income taxes | (10,369 | ) |  | (4,071 | ) |  | (22,889 | ) |  | — |  |  | (37,329 | )
Provision (benefit) for income taxes | 3,429 |  |  | (1,571 | ) |  | (1,575 | ) |  | — |  |  | 283 |
Equity in earnings of subsidiaries | (23,814 | ) |  | — |  |  | (4,353 | ) |  | 28,167 |  |  | — |
Net income (loss) | (37,612 | ) |  | (2,500 | ) |  | (25,667 | ) |  | 28,167 |  |  | (37,612 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (6,136 | ) |  | — |  |  | (6,136 | )
Net income (loss) attributable to Titan | $ | (37,612 | ) |  | $ | (2,500 | ) |  | $ | (19,531 | ) |  | $ | 28,167 |  |  | $ | (31,476 | )
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended September 30, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 204,222 |  |  | $ | 245,357 |  |  | $ | — |  |  | $ | 449,579 |
Cost of sales | 206 |  |  | 180,643 |  |  | 225,091 |  |  | — |  |  | 405,940 |
Gross profit (loss) | (206 | ) |  | 23,579 |  |  | 20,266 |  |  | — |  |  | 43,639 |
Selling, general and administrative expenses | 2,032 |  |  | 15,364 |  |  | 21,835 |  |  | — |  |  | 39,231 |
Research and development expenses | — |  |  | 1,024 |  |  | 2,223 |  |  | — |  |  | 3,247 |
Royalty expense | — |  |  | 1,924 |  |  | 1,751 |  |  | — |  |  | 3,675 |
Income (loss) from operations | (2,238 | ) |  | 5,267 |  |  | (5,543 | ) |  | — |  |  | (2,514 | )
Interest expense | (8,128 | ) |  | — |  |  | (823 | ) |  | — |  |  | (8,951 | )
Intercompany interest income (expense) | 1,661 |  |  | — |  |  | (1,661 | ) |  | — |  |  | — |
Foreign exchange loss | (22 | ) |  |  |  |  | (13,244 | ) |  |  |  |  | (13,266 | )
Other income | 832 |  |  | 1 |  |  | 1,754 |  |  | — |  |  | 2,587 |
Income (loss) before income taxes | (7,895 | ) |  | 5,268 |  |  | (19,517 | ) |  | — |  |  | (22,144 | )
Provision (benefit) for income taxes | (5,050 | ) |  | 2,115 |  |  | (2,192 | ) |  | — |  |  | (5,127 | )
Equity in earnings of subsidiaries | (14,172 | ) |  | — |  |  | (1,659 | ) |  | 15,831 |  |  | — |
Net income (loss) | (17,017 | ) |  | 3,153 |  |  | (18,984 | ) |  | 15,831 |  |  | (17,017 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (7,950 | ) |  | — |  |  | (7,950 | )
Net income (loss) attributable to Titan | $ | (17,017 | ) |  | $ | 3,153 |  |  | $ | (11,034 | ) |  | $ | 15,831 |  |  | $ | (9,067 | )
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Nine Months Ended September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 505,945 |  |  | $ | 581,017 |  |  | $ | — |  |  | $ | 1,086,962 |
Cost of sales | 634 |  |  | 432,331 |  |  | 533,997 |  |  | — |  |  | 966,962 |
Gross profit (loss) | (634 | ) |  | 73,614 |  |  | 47,020 |  |  | — |  |  | 120,000 |
Selling, general and administrative expenses | 7,369 |  |  | 49,626 |  |  | 52,039 |  |  | — |  |  | 109,034 |
Research and development expenses | — |  |  | 2,659 |  |  | 6,188 |  |  | — |  |  | 8,847 |
Royalty expense | — |  |  | 5,110 |  |  | 3,131 |  |  | — |  |  | 8,241 |
Income (loss) from operations | (8,003 | ) |  | 16,219 |  |  | (14,338 | ) |  | — |  |  | (6,122 | )
Interest expense | (24,250 | ) |  | (1 | ) |  | (1,436 | ) |  | — |  |  | (25,687 | )
Intercompany interest income (expense) | 604 |  |  | — |  |  | (604 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | 3,272 |  |  | (422 | ) |  | (8,570 | ) |  |  |  |  | (5,720 | )
Other income | 1,504 |  |  | 87 |  |  | 4,740 |  |  | — |  |  | 6,331 |
Income (loss) before income taxes | (26,873 | ) |  | 15,883 |  |  | (20,208 | ) |  | — |  |  | (31,198 | )
Provision (benefit) for income taxes | 31 |  |  | 5,918 |  |  | (2,755 | ) |  | — |  |  | 3,194 |
Equity in earnings of subsidiaries | (7,488 | ) |  | — |  |  | (981 | ) |  | 8,469 |  |  | — |
Net income (loss) | (34,392 | ) |  | 9,965 |  |  | (18,434 | ) |  | 8,469 |  |  | (34,392 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (9,919 | ) |  | — |  |  | (9,919 | )
Net income (loss) attributable to Titan | $ | (34,392 | ) |  | $ | 9,965 |  |  | $ | (8,515 | ) |  | $ | 8,469 |  |  | $ | (24,473 | )
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Nine Months Ended September 30, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 712,844 |  |  | $ | 799,406 |  |  | $ | — |  |  | $ | 1,512,250 |
Cost of sales | 719 |  |  | 650,797 |  |  | 744,345 |  |  | — |  |  | 1,395,861 |
Gross profit (loss) | (719 | ) |  | 62,047 |  |  | 55,061 |  |  | — |  |  | 116,389 |
Selling, general and administrative expenses | 6,064 |  |  | 51,965 |  |  | 67,913 |  |  | — |  |  | 125,942 |
Research and development expenses | 72 |  |  | 4,391 |  |  | 6,455 |  |  | — |  |  | 10,918 |
Royalty expense | — |  |  | 5,698 |  |  | 5,548 |  |  | — |  |  | 11,246 |
Loss from operations | (6,855 | ) |  | (7 | ) |  | (24,855 | ) |  | — |  |  | (31,717 | )
Interest expense | (24,645 | ) |  | — |  |  | (2,491 | ) |  | — |  |  | (27,136 | )
Intercompany interest income (expense) | 4,963 |  |  | — |  |  | (4,963 | ) |  | — |  |  | — |
Foreign exchange loss | (8 | ) |  | — |  |  | (11,291 | ) |  |  |  |  | (11,299 | )
Other income | 2,352 |  |  | 49 |  |  | 5,070 |  |  | — |  |  | 7,471 |
Income (loss) before income taxes | (24,193 | ) |  | 42 |  |  | (38,530 | ) |  | — |  |  | (62,681 | )
Provision (benefit) for income taxes | (11,021 | ) |  | 488 |  |  | (5,112 | ) |  | — |  |  | (15,645 | )
Equity in earnings of subsidiaries | (33,864 | ) |  | — |  |  | (20,540 | ) |  | 54,404 |  |  | — |
Net income (loss) | (47,036 | ) |  | (446 | ) |  | (53,958 | ) |  | 54,404 |  |  | (47,036 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (19,621 | ) |  | — |  |  | (19,621 | )
Net income (loss) attributable to Titan | $ | (47,036 | ) |  | $ | (446 | ) |  | $ | (34,337 | ) |  | $ | 54,404 |  |  | $ | (27,415 | )
Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (37,612 | ) |  | $ | (2,500 | ) |  | $ | (25,667 | ) |  | $ | 28,167 |  |  | $ | (37,612 | )
Currency translation adjustment, net | (28,444 | ) |  | — |  |  | (28,444 | ) |  | 28,444 |  |  | (28,444 | )
Pension liability adjustments, net of tax | 472 |  |  | 427 |  |  | 45 |  |  | (472 | ) |  | 472 |
Comprehensive income (loss) | (65,584 | ) |  | (2,073 | ) |  | (54,066 | ) |  | 56,139 |  |  | (65,584 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (8,233 | ) |  | — |  |  | (8,233 | )
Comprehensive income (loss) attributable to Titan | $ | (65,584 | ) |  | $ | (2,073 | ) |  | $ | (45,833 | ) |  | $ | 56,139 |  |  | $ | (57,351 | )
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (17,017 | ) |  | $ | 3,153 |  |  | $ | (18,984 | ) |  | $ | 15,831 |  |  | $ | (17,017 | )
Currency translation adjustment, net | (40,174 | ) |  | — |  |  | (40,174 | ) |  | 40,174 |  |  | (40,174 | )
Pension liability adjustments, net of tax | 42 |  |  | 450 |  |  | (408 | ) |  | (42 | ) |  | 42 |
Comprehensive income (loss) | (57,149 | ) |  | 3,603 |  |  | (59,566 | ) |  | 55,963 |  |  | (57,149 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (17,002 | ) |  | — |  |  | (17,002 | )
Comprehensive income (loss) attributable to Titan | $ | (57,149 | ) |  | $ | 3,603 |  |  | $ | (42,564 | ) |  | $ | 55,963 |  |  | $ | (40,147 | )
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (34,392 | ) |  | $ | 9,965 |  |  | $ | (18,434 | ) |  | $ | 8,469 |  |  | $ | (34,392 | )
Currency translation adjustment, net | (69,394 | ) |  | — |  |  | (69,394 | ) |  | 69,394 |  |  | (69,394 | )
Pension liability adjustments, net of tax | 1,969 |  |  | 1,281 |  |  | 688 |  |  | (1,969 | ) |  | 1,969 |
Comprehensive income (loss) | (101,817 | ) |  | 11,246 |  |  | (87,140 | ) |  | 75,894 |  |  | (101,817 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (13,150 | ) |  | — |  |  | (13,150 | )
Comprehensive income (loss) attributable to Titan | $ | (101,817 | ) |  | $ | 11,246 |  |  | $ | (73,990 | ) |  | $ | 75,894 |  |  | $ | (88,667 | )
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (47,036 | ) |  | $ | (446 | ) |  | $ | (53,958 | ) |  | $ | 54,404 |  |  | $ | (47,036 | )
Currency translation adjustment, net | (31,960 | ) |  | — |  |  | (31,960 | ) |  | 31,960 |  |  | (31,960 | )
Pension liability adjustments, net of tax | 787 |  |  | 1,350 |  |  | (563 | ) |  | (787 | ) |  | 787 |
Comprehensive income (loss) | (78,209 | ) |  | 904 |  |  | (86,481 | ) |  | 85,577 |  |  | (78,209 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (30,247 | ) |  | — |  |  | (30,247 | )
Comprehensive income (loss) attributable to Titan | $ | (78,209 | ) |  | $ | 904 |  |  | $ | (56,234 | ) |  | $ | 85,577 |  |  | $ | (47,962 | )
Condensed Financial Information, Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Balance Sheets September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 137,024 |  |  | $ | 4 |  |  | $ | 56,784 |  |  | $ | — |  |  | $ | 193,812 |
Accounts receivable, net | — |  |  | 64,700 |  |  | 119,055 |  |  | — |  |  | 183,755 |
Inventories | — |  |  | 94,431 |  |  | 192,704 |  |  | — |  |  | 287,135 |
Prepaid and other current assets | 13,437 |  |  | 22,857 |  |  | 49,708 |  |  | — |  |  | 86,002 |
Total current assets | 150,461 |  |  | 181,992 |  |  | 418,251 |  |  | — |  |  | 750,704 |
Property, plant and equipment, net | 7,755 |  |  | 143,468 |  |  | 308,127 |  |  | — |  |  | 459,350 |
Investment in subsidiaries | 745,714 |  |  | — |  |  | 110,309 |  |  | (856,023 | ) |  | — |
Other assets | 52,766 |  |  | 1,197 |  |  | 72,735 |  |  | — |  |  | 126,698 |
Total assets | $ | 956,696 |  |  | $ | 326,657 |  |  | $ | 909,422 |  |  | $ | (856,023 | ) |  | $ | 1,336,752 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 21,038 |  |  | $ | — |  |  | $ | 21,038 |
Accounts payable | 1,634 |  |  | 10,859 |  |  | 115,505 |  |  | — |  |  | 127,998 |
Other current liabilities | 37,698 |  |  | 39,214 |  |  | 46,054 |  |  | — |  |  | 122,966 |
Total current liabilities | 39,332 |  |  | 50,073 |  |  | 182,597 |  |  | — |  |  | 272,002 |
Long-term debt | 460,161 |  |  | — |  |  | 32,281 |  |  | — |  |  | 492,442 |
Other long-term liabilities | 9,569 |  |  | 18,166 |  |  | 55,586 |  |  | — |  |  | 83,321 |
Intercompany accounts | 35,393 |  |  | (253,160 | ) |  | 217,767 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 75,615 |  |  | — |  |  | 75,615 |
Titan stockholders' equity | 412,241 |  |  | 511,578 |  |  | 344,445 |  |  | (856,023 | ) |  | 412,241 |
Noncontrolling interests | — |  |  | — |  |  | 1,131 |  |  | — |  |  | 1,131 |
Total liabilities and stockholders’ equity | $ | 956,696 |  |  | $ | 326,657 |  |  | $ | 909,422 |  |  | $ | (856,023 | ) |  | $ | 1,336,752 |
(Amounts in thousands) | Consolidating Condensed Balance Sheets December 31, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
| (As restated) |  |  |  | (As restated) |  |  |  | (As restated)
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 129,985 |  |  | $ | 4 |  |  | $ | 71,462 |  |  | $ | — |  |  | $ | 201,451 |
Accounts receivable, net | (55 | ) |  | 63,645 |  |  | 135,788 |  |  | — |  |  | 199,378 |
Inventories | — |  |  | 103,230 |  |  | 228,202 |  |  | — |  |  | 331,432 |
Prepaid and other current assets | 26,803 |  |  | 21,105 |  |  | 55,761 |  |  | — |  |  | 103,669 |
Total current assets | 156,733 |  |  | 187,984 |  |  | 491,213 |  |  | — |  |  | 835,930 |
Property, plant and equipment, net | 7,590 |  |  | 160,318 |  |  | 359,506 |  |  | — |  |  | 527,414 |
Investment in subsidiaries | 745,084 |  |  | — |  |  | 109,768 |  |  | (854,852 | ) |  | — |
Other assets | 51,381 |  |  | 827 |  |  | 80,172 |  |  | — |  |  | 132,380 |
Total assets | $ | 960,788 |  |  | $ | 349,129 |  |  | $ | 1,040,659 |  |  | $ | (854,852 | ) |  | $ | 1,495,724 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 26,233 |  |  | $ | — |  |  | $ | 26,233 |
Accounts payable | 1,795 |  |  | 10,876 |  |  | 133,634 |  |  | — |  |  | 146,305 |
Other current liabilities | 28,519 |  |  | 45,291 |  |  | 55,208 |  |  | — |  |  | 129,018 |
Total current liabilities | 30,314 |  |  | 56,167 |  |  | 215,075 |  |  | — |  |  | 301,556 |
Long-term debt | 460,161 |  |  | — |  |  | 36,342 |  |  | — |  |  | 496,503 |
Other long-term liabilities | 15,244 |  |  | 20,867 |  |  | 71,496 |  |  | — |  |  | 107,607 |
Intercompany accounts | (56,426 | ) |  | (228,307 | ) |  | 284,733 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 71,192 |  |  | — |  |  | 71,192 |
Titan stockholders' equity | 511,495 |  |  | 500,402 |  |  | 354,450 |  |  | (854,852 | ) |  | 511,495 |
Noncontrolling interests | — |  |  | — |  |  | 7,371 |  |  | — |  |  | 7,371 |
Total liabilities and stockholders’ equity | $ | 960,788 |  |  | $ | 349,129 |  |  | $ | 1,040,659 |  |  | $ | (854,852 | ) |  | $ | 1,495,724 |
Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Nine Months Ended September 30, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by operating activities | $ | 9,581 |  |  | $ | 4,532 |  |  | $ | 16,423 |  |  | $ | 30,536 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (1,121 | ) |  | (4,562 | ) |  | (29,530 | ) |  | (35,213 | )
Other, net | — |  |  | 30 |  |  | 4,287 |  |  | 4,317 |
Net cash used for investing activities | (1,121 | ) |  | (4,532 | ) |  | (25,243 | ) |  | (30,896 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 14,566 |  |  | 14,566 |
Payment on debt | — |  |  | — |  |  | (11,382 | ) |  | (11,382 | )
Proceeds from exercise of stock options | 144 |  |  | — |  |  | — |  |  | 144 |
Excess tax benefit from stock-based compensation | (758 | ) |  | — |  |  | — |  |  | (758 | )
Dividends paid | (807 | ) |  | — |  |  | — |  |  | (807 | )
Net cash provided by (used for) financing activities | (1,421 | ) |  | — |  |  | 3,184 |  |  | 1,763 |
Effect of exchange rate change on cash | — |  |  | — |  |  | (9,042 | ) |  | (9,042 | )
Net decrease in cash and cash equivalents | 7,039 |  |  | — |  |  | (14,678 | ) |  | (7,639 | )
Cash and cash equivalents, beginning of period | 129,985 |  |  | 4 |  |  | 71,462 |  |  | 201,451 |
Cash and cash equivalents, end of period | $ | 137,024 |  |  | $ | 4 |  |  | $ | 56,784 |  |  | $ | 193,812 |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Nine Months Ended September 30, 2014
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by operating activities | $ | 28,013 |  |  | $ | 6,481 |  |  | $ | 42,853 |  |  | $ | 77,347 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (766 | ) |  | (6,841 | ) |  | (38,722 | ) |  | (46,329 | )
Acquisition of additional interest | (49 | ) |  | — |  |  | (13,346 | ) |  | (13,395 | )
Decrease in restricted cash deposits | — |  |  | — |  |  | 14,268 |  |  | 14,268 |
Other, net | — |  |  | 360 |  |  | 4,250 |  |  | 4,610 |
Net cash used for investing activities | (815 | ) |  | (6,481 | ) |  | (33,550 | ) |  | (40,846 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 14,914 |  |  | 14,914 |
Payment on debt | — |  |  | — |  |  | (60,359 | ) |  | (60,359 | )
Proceeds from exercise of stock options | 141 |  |  | — |  |  | — |  |  | 141 |
Excess tax benefit from stock-based compensation | (51 | ) |  | — |  |  | — |  |  | (51 | )
Payment of financing fees | (33 | ) |  | — |  |  | — |  |  | (33 | )
Dividends paid | (804 | ) |  | — |  |  | — |  |  | (804 | )
Net cash provided by (used for) financing activities | (747 | ) |  | — |  |  | (45,445 | ) |  | (46,192 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | 602 |  |  | 602 |
Net increase (decrease) in cash and cash equivalents | 26,451 |  |  | — |  |  | (35,540 | ) |  | (9,089 | )
Cash and cash equivalents, beginning of period | 81,472 |  |  | 4 |  |  | 107,884 |  |  | 189,360 |
Cash and cash equivalents, end of period | $ | 107,923 |  |  | $ | 4 |  |  | $ | 72,344 |  |  | $ | 180,271 |

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