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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 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 sales, expenses, and income from operations are determined based on the results of operations for the operating units of the Company's 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 and nine months ended September 30, 2017 and 2016 (amounts in thousands):

Three months ended
 
Nine months ended

September 30,
 
September 30,
 
2017
 
2016
 
2017
 
2016
Net sales
 
 
 
 

 

Agricultural
$
170,895

 
$
138,568

 
$
524,335

 
$
438,108

Earthmoving/construction
156,442

 
128,917

 
443,030

 
401,649

Consumer
43,651

 
38,710

 
125,523

 
118,446

 
$
370,988

 
$
306,195

 
$
1,092,888

 
$
958,203

Gross profit
 

 
 

 
 
 
 
Agricultural
$
18,930

 
$
18,592

 
$
63,542

 
$
57,684

Earthmoving/construction
14,534

 
11,553

 
41,170

 
36,354

Consumer
6,201

 
4,775

 
18,244

 
12,897

 
$
39,665

 
$
34,920

 
$
122,956

 
$
106,935

Income (loss) from operations
 

 
 

 
 
 
 
Agricultural
$
10,056

 
$
9,891

 
$
36,721

 
$
32,718

Earthmoving/construction
2,985

 
807

 
5,853

 
4,060

Consumer
3,060

 
1,331

 
8,001

 
2,072

Corporate & Unallocated
(21,242
)
 
(18,339
)
 
(58,819
)
 
(54,105
)
      Loss from operations
(5,141
)
 
(6,310
)
 
(8,244
)
 
(15,255
)
 
 
 
 
 
 
 
 
Interest expense
(7,537
)
 
(8,714
)
 
(22,578
)
 
(25,208
)
Foreign exchange gain
815

 
398

 
48

 
7,403

Other income, net
3,041

 
3,578

 
8,398

 
10,532

      Loss before income taxes
$
(8,822
)
 
$
(11,048
)
 
$
(22,376
)
 
$
(22,528
)


Assets by segment were as follows as of the dates set forth below (amounts in thousands):
 
September 30,
2017
 
December 31,
2016
Total assets
 

 
 

Agricultural
$
482,958

 
$
439,371

Earthmoving/construction
533,112

 
443,879

Consumer
141,496

 
140,293

Corporate & Unallocated
172,344

 
242,353

 
$
1,329,910

 
$
1,265,896