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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2016
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 March 31, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 144,034 |  |  | $ | 177,760 |  |  | $ | — |  |  | $ | 321,794 |
Cost of sales | 494 |  |  | 125,146 |  |  | 164,266 |  |  | — |  |  | 289,906 |
Gross profit (loss) | (494 | ) |  | 18,888 |  |  | 13,494 |  |  | — |  |  | 31,888 |
Selling, general and administrative expenses | 2,382 |  |  | 16,685 |  |  | 15,995 |  |  | — |  |  | 35,062 |
Research and development expenses | — |  |  | 768 |  |  | 1,711 |  |  | — |  |  | 2,479 |
Royalty expense | 292 |  |  | 1,196 |  |  | 806 |  |  | — |  |  | 2,294 |
Income (loss) from operations | (3,168 | ) |  | 239 |  |  | (5,018 | ) |  | — |  |  | (7,947 | )
Interest expense | (8,283 | ) |  | — |  |  | (229 | ) |  | — |  |  | (8,512 | )
Intercompany interest income (expense) | 290 |  |  | — |  |  | (290 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | — |  |  | (2 | ) |  | 4,825 |  |  | — |  |  | 4,823 |
Other income | 362 |  |  | 85 |  |  | 3,458 |  |  | — |  |  | 3,905 |
Income (loss) before income taxes | (10,799 | ) |  | 322 |  |  | 2,746 |  |  | — |  |  | (7,731 | )
Provision for income taxes | 379 |  |  | 191 |  |  | 434 |  |  | — |  |  | 1,004 |
Equity in earnings of subsidiaries | 2,443 |  |  | — |  |  | (2,005 | ) |  | (438 | ) |  | — |
Net income (loss) | (8,735 | ) |  | 131 |  |  | 307 |  |  | (438 | ) |  | (8,735 | )
Net income noncontrolling interests | — |  |  | — |  |  | 417 |  |  | — |  |  | 417 |
Net income (loss) attributable to Titan | $ | (8,735 | ) |  | $ | 131 |  |  | $ | (110 | ) |  | $ | (438 | ) |  | $ | (9,152 | )
(Amounts in thousands) | Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 193,973 |  |  | $ | 208,086 |  |  | $ | — |  |  | $ | 402,059 |
Cost of sales | 231 |  |  | 167,951 |  |  | 191,083 |  |  | — |  |  | 359,265 |
Gross profit (loss) | (231 | ) |  | 26,022 |  |  | 17,003 |  |  | — |  |  | 42,794 |
Selling, general and administrative expenses | 2,634 |  |  | 15,379 |  |  | 17,661 |  |  | — |  |  | 35,674 |
Research and development expenses | — |  |  | 1,000 |  |  | 2,086 |  |  | — |  |  | 3,086 |
Royalty expense | — |  |  | 1,924 |  |  | 1,301 |  |  | — |  |  | 3,225 |
Income (loss) from operations | (2,865 | ) |  | 7,719 |  |  | (4,045 | ) |  | — |  |  | 809 |
Interest expense | (8,115 | ) |  | — |  |  | (641 | ) |  | — |  |  | (8,756 | )
Intercompany interest income (expense) | 142 |  |  | — |  |  | (142 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | 4,515 |  |  | (341 | ) |  | 1,792 |  |  |  |  |  | 5,966 |
Other income (expense) | 882 |  |  | (38 | ) |  | 1,473 |  |  | — |  |  | 2,317 |
Income (loss) before income taxes | (5,441 | ) |  | 7,340 |  |  | (1,563 | ) |  | — |  |  | 336 |
Provision (benefit) for income taxes | 2,389 |  |  | 2,693 |  |  | (3,686 | ) |  | — |  |  | 1,396 |
Equity in earnings of subsidiaries | 6,770 |  |  | — |  |  | (163 | ) |  | (6,607 | ) |  | — |
Net income (loss) | (1,060 | ) |  | 4,647 |  |  | 1,960 |  |  | (6,607 | ) |  | (1,060 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (1,292 | ) |  | — |  |  | (1,292 | )
Net income (loss) attributable to Titan | $ | (1,060 | ) |  | $ | 4,647 |  |  | $ | 3,252 |  |  | $ | (6,607 | ) |  | $ | 232 |
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 March 31, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (8,735 | ) |  | $ | 131 |  |  | $ | 307 |  |  | $ | (438 | ) |  | $ | (8,735 | )
Currency translation adjustment, net | 17,584 |  |  | — |  |  | 17,584 |  |  | (17,584 | ) |  | 17,584 |
Pension liability adjustments, net of tax | 287 |  |  | 265 |  |  | 22 |  |  | (287 | ) |  | 287 |
Comprehensive income (loss) | 9,136 |  |  | 396 |  |  | 17,913 |  |  | (18,309 | ) |  | 9,136 |
Net comprehensive income attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | 5,400 |  |  | — |  |  | 5,400 |
Comprehensive income (loss) attributable to Titan | $ | 9,136 |  |  | $ | 396 |  |  | $ | 12,513 |  |  | $ | (18,309 | ) |  | $ | 3,736 |
(Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (1,060 | ) |  | $ | 4,647 |  |  | $ | 1,960 |  |  | $ | (6,607 | ) |  | $ | (1,060 | )
Currency translation adjustment, net | (45,386 | ) |  | — |  |  | (45,386 | ) |  | 45,386 |  |  | (45,386 | )
Pension liability adjustments, net of tax | 9 |  |  | 427 |  |  | (418 | ) |  | (9 | ) |  | 9 |
Comprehensive income (loss) | (46,437 | ) |  | 5,074 |  |  | (43,844 | ) |  | 38,770 |  |  | (46,437 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (3,013 | ) |  | — |  |  | (3,013 | )
Comprehensive income (loss) attributable to Titan | $ | (46,437 | ) |  | $ | 5,074 |  |  | $ | (40,831 | ) |  | $ | 38,770 |  |  | $ | (43,424 | )
Condensed Financial Information, Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Consolidating Condensed Balance Sheets March 31, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 131,314 |  |  | $ | 4 |  |  | $ | 59,779 |  |  | $ | — |  |  | $ | 191,097 |
Accounts receivable, net | — |  |  | 75,272 |  |  | 141,151 |  |  | — |  |  | 216,423 |
Inventories | — |  |  | 75,053 |  |  | 190,120 |  |  | — |  |  | 265,173 |
Prepaid and other current assets | 9,592 |  |  | 21,180 |  |  | 29,987 |  |  | — |  |  | 60,759 |
Total current assets | 140,906 |  |  | 171,509 |  |  | 421,037 |  |  | — |  |  | 733,452 |
Property, plant and equipment, net | 7,085 |  |  | 134,139 |  |  | 316,781 |  |  | — |  |  | 458,005 |
Investment in subsidiaries | 731,081 |  |  | — |  |  | 97,202 |  |  | (828,283 | ) |  | — |
Other assets | 31,364 |  |  | 1,172 |  |  | 83,972 |  |  | — |  |  | 116,508 |
Total assets | $ | 910,436 |  |  | $ | 306,820 |  |  | $ | 918,992 |  |  | $ | (828,283 | ) |  | $ | 1,307,965 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | 60,161 |  |  | $ | — |  |  | $ | 28,622 |  |  | $ | — |  |  | $ | 88,783 |
Accounts payable | 3,416 |  |  | 16,168 |  |  | 118,542 |  |  | — |  |  | 138,126 |
Other current liabilities | 35,382 |  |  | 40,016 |  |  | 49,636 |  |  | — |  |  | 125,034 |
Total current liabilities | 98,959 |  |  | 56,184 |  |  | 196,800 |  |  | — |  |  | 351,943 |
Long-term debt | 400,000 |  |  | — |  |  | 19,509 |  |  | — |  |  | 419,509 |
Other long-term liabilities | 30,031 |  |  | 19,706 |  |  | 55,549 |  |  | — |  |  | 105,286 |
Intercompany accounts | 46,132 |  |  | (269,628 | ) |  | 223,496 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 96,774 |  |  | — |  |  | 96,774 |
Titan stockholders' equity | 335,314 |  |  | 500,558 |  |  | 327,726 |  |  | (828,283 | ) |  | 335,315 |
Noncontrolling interests | — |  |  | — |  |  | (862 | ) |  | — |  |  | (862 | )
Total liabilities and stockholders’ equity | $ | 910,436 |  |  | $ | 306,820 |  |  | $ | 918,992 |  |  | $ | (828,283 | ) |  | $ | 1,307,965 |
(Amounts in thousands) | Consolidating Condensed Balance Sheets December 31, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 142,401 |  |  | $ | 4 |  |  | $ | 57,783 |  |  | $ | — |  |  | $ | 200,188 |
Accounts receivable, net | — |  |  | 59,933 |  |  | 117,456 |  |  | — |  |  | 177,389 |
Inventories | — |  |  | 81,993 |  |  | 187,798 |  |  | — |  |  | 269,791 |
Prepaid and other current assets | 11,101 |  |  | 21,133 |  |  | 30,399 |  |  | — |  |  | 62,633 |
Total current assets | 153,502 |  |  | 163,063 |  |  | 393,436 |  |  | — |  |  | 710,001 |
Property, plant and equipment, net | 8,015 |  |  | 138,351 |  |  | 303,654 |  |  | — |  |  | 450,020 |
Investment in subsidiaries | 724,676 |  |  | — |  |  | 98,660 |  |  | (823,336 | ) |  | — |
Other assets | 34,141 |  |  | 1,181 |  |  | 79,848 |  |  | — |  |  | 115,170 |
Total assets | $ | 920,334 |  |  | $ | 302,595 |  |  | $ | 875,598 |  |  | $ | (823,336 | ) |  | $ | 1,275,191 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 31,222 |  |  | $ | — |  |  | $ | 31,222 |
Accounts payable | 2,215 |  |  | 12,386 |  |  | 108,553 |  |  | — |  |  | 123,154 |
Other current liabilities | 30,466 |  |  | 41,818 |  |  | 43,437 |  |  | — |  |  | 115,721 |
Total current liabilities | 32,681 |  |  | 54,204 |  |  | 183,212 |  |  | — |  |  | 270,097 |
Long-term debt | 460,161 |  |  | — |  |  | 20,243 |  |  | — |  |  | 480,404 |
Other long-term liabilities | 29,881 |  |  | 20,628 |  |  | 52,324 |  |  | — |  |  | 102,833 |
Intercompany accounts | 52,552 |  |  | (271,930 | ) |  | 219,378 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 77,174 |  |  | — |  |  | 77,174 |
Titan stockholders' equity | 345,059 |  |  | 499,693 |  |  | 323,643 |  |  | (823,336 | ) |  | 345,059 |
Noncontrolling interests | — |  |  | — |  |  | (376 | ) |  | — |  |  | (376 | )
Total liabilities and stockholders’ equity | $ | 920,334 |  |  | $ | 302,595 |  |  | $ | 875,598 |  |  | $ | (823,336 | ) |  | $ | 1,275,191 |
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, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (11,182 | ) |  | $ | 1,969 |  |  | $ | 11,546 |  |  | $ | 2,333 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | 365 |  |  | (1,969 | ) |  | (5,545 | ) |  | (7,149 | )
Other, net | — |  |  | — |  |  | 771 |  |  | 771 |
Net cash provided by (used for) investing activities | 365 |  |  | (1,969 | ) |  | (4,774 | ) |  | (6,378 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 110 |  |  | 110 |
Payment on debt | — |  |  | — |  |  | (7,288 | ) |  | (7,288 | )
Dividends paid | (270 | ) |  | — |  |  | — |  |  | (270 | )
Net cash used for financing activities | (270 | ) |  | — |  |  | (7,178 | ) |  | (7,448 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | 2,402 |  |  | 2,402 |
Net increase (decrease) in cash and cash equivalents | (11,087 | ) |  | — |  |  | 1,996 |  |  | (9,091 | )
Cash and cash equivalents, beginning of period | 142,401 |  |  | 4 |  |  | 57,783 |  |  | 200,188 |
Cash and cash equivalents, end of period | $ | 131,314 |  |  | $ | 4 |  |  | $ | 59,779 |  |  | $ | 191,097 |
(Amounts in thousands) | Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2015
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | 9,788 |  |  | $ | 1,481 |  |  | $ | (18,236 | ) |  | $ | (6,967 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (181 | ) |  | (1,456 | ) |  | (9,782 | ) |  | (11,419 | )
Other, net | — |  |  | 16 |  |  | 2,318 |  |  | 2,334 |
Net cash used for investing activities | (181 | ) |  | (1,440 | ) |  | (7,464 | ) |  | (9,085 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 11,102 |  |  | 11,102 |
Payment on debt | — |  |  | — |  |  | (1,456 | ) |  | (1,456 | )
Excess tax benefit from stock-based compensation | (388 | ) |  | — |  |  | — |  |  | (388 | )
Dividends paid | (269 | ) |  | — |  |  | — |  |  | (269 | )
Net cash provided by (used for) financing activities | (657 | ) |  | — |  |  | 9,646 |  |  | 8,989 |
Effect of exchange rate change on cash | — |  |  | — |  |  | (3,837 | ) |  | (3,837 | )
Net increase (decrease) in cash and cash equivalents | 8,950 |  |  | 41 |  |  | (19,891 | ) |  | (10,900 | )
Cash and cash equivalents, beginning of period | 129,985 |  |  | 4 |  |  | 71,462 |  |  | 201,451 |
Cash and cash equivalents, end of period | $ | 138,935 |  |  | $ | 45 |  |  | $ | 51,571 |  |  | $ | 190,551 |

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