XML 82 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Jun. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Dec. 31, 2012
Current assets              
Cash and cash equivalents $ 187,484   $ 201,451 $ 162,954 $ 189,360 $ 162,954 $ 189,360
Accounts receivable, net 224,689   199,378        
Inventories 306,087   331,432        
Deferred income taxes 13,972   23,435        
Prepaid and other current assets 74,786   80,234        
Total current assets 807,018   835,930        
Property, plant and equipment, net 483,407   527,414        
Deferred income taxes 18,303   15,623        
Other assets 111,686   116,757        
Total assets 1,420,414   1,495,724        
Current liabilities              
Short-term debt 25,068   26,233        
Accounts payable 135,758   146,305        
Other current liabilities 121,967   129,018        
Total current liabilities 282,793   301,556        
Long-term debt 495,273   496,503        
Deferred income taxes 3,524   18,582        
Other long-term liabilities 84,330   89,025        
Total liabilities 865,920   905,666        
Redeemable Noncontrolling Interest, Equity, Carrying Amount 70,511   71,192 $ 68,367 $ 89,155    
Titan stockholders' equity              
Common stock ($0.0001 par value, 120,000,000 shares authorized, 55,253,092 issued, 53,792,342 outstanding) 0   0        
Additional paid-in capital 513,600   513,090        
Retained earnings 132,472   126,007        
Treasury stock (at cost, 1,460,750 and 1,504,064 shares, respectively) (13,508)   (13,897)        
Treasury stock reserved for deferred compensation (1,075)   (1,075)        
Accumulated other comprehensive loss (150,923) $ (156,260) (112,630)        
Total Titan stockholders' equity 480,566   511,495        
Noncontrolling interests 3,417   7,371        
Total equity 483,983   518,866        
Total liabilities and equity $ 1,420,414   $ 1,495,724