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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 191,097 $ 200,188
Accounts receivable, net 216,423 177,389
Inventories 265,173 269,791
Prepaid and other current assets 60,759 62,633
Total current assets 733,452 710,001
Property, plant and equipment, net 458,005 450,020
Deferred income taxes 6,864 5,967
Other assets 109,644 109,203
Total assets 1,307,965 1,275,191
Current liabilities    
Short-term debt 88,783 31,222
Accounts payable 138,126 123,154
Other current liabilities 125,034 115,721
Total current liabilities 351,943 270,097
Long-term debt 419,509 480,404
Deferred income taxes 15,505 14,509
Other long-term liabilities 89,781 88,324
Total liabilities 876,738 853,334
Redeemable Noncontrolling Interest, Equity, Carrying Amount 96,774 77,174
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 483,366 497,008
Retained earnings 39,915 49,297
Treasury stock (at cost, 1,460,750 and 1,504,064 shares, respectively) (12,028) (12,420)
Treasury stock reserved for deferred compensation (1,075) (1,075)
Accumulated other comprehensive loss (174,863) (187,751)
Total Titan stockholders' equity 335,315 345,059
Noncontrolling interests (862) (376)
Total equity 334,453 344,683
Total liabilities and equity $ 1,307,965 $ 1,275,191