CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 147,827	$ 200,188
Certificates of Deposit, at Carrying Value	50,000	0
Accounts receivable (net of allowance of $5,706 and $5,287, respectively)	179,384	177,389
Inventories	269,291	269,791
Prepaid and other current assets	79,734	62,633
Total current assets	726,236	710,001
Property, plant and equipment, net	437,201	450,020
Deferred income taxes	4,663	5,967
Other assets	94,851	104,242
Total assets	1,262,951	1,270,230
Current liabilities
Short-term Debt	97,412	31,222
Accounts payable	148,255	123,154
Other current liabilities	120,437	115,721
Total current liabilities	366,104	270,097
Long-term debt	408,760	475,443
Deferred income taxes	13,183	14,509
Other long-term liabilities	80,161	88,324
Total liabilities	868,208	848,373
Redeemable Noncontrolling Interest, Equity, Carrying Amount	104,809	77,174
Titan stockholders' equity
Common stock (no par, 120,000,000 shares authorized, 55,253,092 issued)	0	0
Additional paid-in capital	479,075	497,008
Retained earnings	14,269	49,297
Treasury stock (at cost, 1,504,064 and 1,692,220 shares, respectively)	(10,119)	(12,420)
Treasury stock reserved for deferred compensation	(1,075)	(1,075)
Accumulated other comprehensive loss	(188,278)	(187,751)
Total Titan stockholders' equity	293,872	345,059
Noncontrolling interests	(3,938)	(376)
Total equity	289,934	344,683
Total liabilities and equity	$ 1,262,951	$ 1,270,230

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.