XML 67 R54.htm IDEA: XBRL DOCUMENT v3.6.0.2
REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2016
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt consisted of the following as of the dates set forth below (amounts in thousands):
 
December 31, 2016
 
Principal Balance
 
Unamortized Discount
 
Net Carrying Amount
6.875% senior secured notes due 2020
$
400,000

 
$
(4,148
)
 
$
395,852

5.625% convertible senior subordinated notes due 2017
60,161

 
(13
)
 
60,148

Titan Europe credit facilities
33,710

 

 
33,710

Other debt
15,560

 

 
15,560

Capital leases
902

 

 
902

     Total debt
510,333

 
(4,161
)
 
506,172

Less amounts due within one year
97,425

 
(13
)
 
97,412

     Total long-term debt
$
412,908


$
(4,148
)
 
$
408,760


 
 
December 31, 2015
 
Principal Balance
 
Unamortized Discount
 
Net Carrying Amount
6.875% senior secured notes due 2020
$
400,000

 
$
(4,640
)
 
$
395,360

5.625% convertible senior subordinated notes due 2017
60,161

 
(321
)
 
59,840

Titan Europe credit facilities
38,059

 

 
38,059

Other debt
11,531

 

 
$
11,531

Capital leases
1,875

 

 
$
1,875

     Total debt
511,626

 
(4,961
)
 
506,665

Less amounts due within one year
31,222

 

 
31,222

     Total long-term debt
$
480,404

 
$
(4,961
)
 
$
475,443


Schedule of Maturities of Long-term Debt [Table Text Block]
Aggregate maturities of long-term debt at December 31, 2016, for each of the years set forth below are as follows (amounts in thousands):
2017
$
97,425

2018
4,663

2019
7,857

2020
400,386

2021
2

 
$
510,333