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ROYALTY EXPENSE
3 Months Ended
Mar. 31, 2016
Royalty Expense [Abstract]  
ROYALTY EXPENSE
ROYALTY EXPENSE

The Company has trademark license agreements with Goodyear to manufacture and sell certain farm tires under the Goodyear
name. These agreements cover sales in North America, Latin America, Europe, the Middle East, Africa, Russia and other
Commonwealth of Independent States countries. The North American and Latin American farm tire royalties were prepaid through March 2018 as a part of the 2011 Goodyear Latin American farm tire acquisition. The Company also has a trademark
license agreement with Goodyear to manufacture and sell certain non-farm tire products in Latin America. Royalty expenses were $2.3 million and $3.2 million for the three months ended March 31, 2016 and 2015, respectively.