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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment information SEGMENT INFORMATION
 
The Company has aggregated its operating units into reportable segments based on its three customer markets: agricultural, earthmoving/construction, and consumer. These segments are based on the information used by the chief executive officer to make certain operating decisions, allocate portions of capital expenditures, and assess segment performance. Segment external revenues, expenses, and income from operations are determined on the basis of the results of operations of operating units of manufacturing facilities. Expenses and income from operations are allocated to appropriate segments based on the sales of operating units of manufacturing facilities. Segment assets are generally determined on the basis of the tangible assets located at such operating units’ manufacturing facilities and the intangible assets associated with the acquisitions of such operating units. However, certain operating units’ property, plant and equipment balances are carried at the corporate level. Titan is organized primarily on the basis of products being included in three market segments, with each reportable segment including wheels, tires, wheel/tire assemblies, and undercarriage systems and components.
 
The table below presents information about certain operating results, separated by market segments for the three months ended March 31, 2017 and 2016 (amounts in thousands):

Three months ended

March 31,
 
2017
 
2016
Revenues from external customers
 
 
 
Agricultural
$
180,516

 
$
152,825

Earthmoving/construction
135,619

 
131,704

Consumer
41,366

 
37,265

 
$
357,501

 
$
321,794

Gross profit
 

 
 

Agricultural
$
21,716

 
$
16,140

Earthmoving/construction
12,649

 
9,429

Consumer
5,364

 
2,728

 
$
39,729

 
$
28,297

Income (loss) from operations
 

 
 

Agricultural
$
12,584

 
$
8,220

Earthmoving/construction
812

 
(1,016
)
Consumer
1,454

 
(850
)
Corporate & Unallocated
(21,911
)
 
(17,892
)
      Loss from operations
(7,061
)
 
(11,538
)
 
 
 
 
Interest expense
(7,721
)
 
(8,512
)
Foreign exchange gain
4,490

 
4,823

Other income, net
3,149

 
3,905

      Loss before income taxes
$
(7,143
)
 
$
(11,322
)


Assets by segment were as follows as of the dates set forth below (amounts in thousands):
 
March 31,
2017
 
December 31,
2016
Total assets
 

 
 

Agricultural
$
484,971

 
$
439,371

Earthmoving/construction
485,997

 
443,879

Consumer
129,619

 
140,293

Corporate & Unallocated
225,646

 
242,353

 
$
1,326,233

 
$
1,265,896