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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 155,675 $ 147,827
Certificates of deposit 0 50,000
Accounts receivable, net 236,216 179,384
Inventories 331,378 272,236
Prepaid and other current assets 62,632 79,734
Total current assets 785,901 729,181
Property, plant and equipment, net 440,078 437,201
Deferred income taxes 9,259 4,663
Other assets 94,672 94,851
Total assets 1,329,910 1,265,896
Current liabilities    
Short-term debt 36,174 97,412
Accounts payable 184,330 148,255
Other current liabilities 133,631 120,437
Total current liabilities 354,135 366,104
Long-term debt 411,230 408,760
Deferred income taxes 17,807 13,183
Other long-term liabilities 84,611 80,161
Total liabilities 867,783 868,208
Redeemable noncontrolling interest 111,016 104,809
Titan stockholders' equity    
Common stock ($0.0001 par value, 120,000,000 shares authorized, 60,715,356 issued, 59,700,839 outstanding) 0 0
Additional paid-in capital 534,522 479,075
Retained earnings (deficit) (13,445) 17,214
Treasury stock (at cost, 1,014,517 and 1,083,212 shares, respectively) (9,502) (10,119)
Stock reserved for deferred compensation (1,075) (1,075)
Accumulated other comprehensive loss (154,569) (188,278)
Total Titan shareholders’ equity 355,931 296,817
Noncontrolling interests (4,820) (3,938)
Total equity 351,111 292,879
Total liabilities and equity $ 1,329,910 $ 1,265,896