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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Income Statement [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Three Months Ended March 31, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 170,759 |  |  | $ | 254,623 |  |  | $ | — |  |  | $ | 425,382 |
Cost of sales | 108 |  |  | 141,530 |  |  | 224,183 |  |  | — |  |  | 365,821 |
Gross (loss) profit | (108 | ) |  | 29,229 |  |  | 30,440 |  |  | — |  |  | 59,561 |
Selling, general and administrative expenses | 1,196 |  |  | 15,275 |  |  | 19,450 |  |  | — |  |  | 35,921 |
Research and development expenses | 240 |  |  | 986 |  |  | 1,651 |  |  | — |  |  | 2,877 |
Royalty expense | 253 |  |  | 1,513 |  |  | 897 |  |  | — |  |  | 2,663 |
(Loss) income from operations | (1,797 | ) |  | 11,455 |  |  | 8,442 |  |  | — |  |  | 18,100 |
Interest expense | (6,813 | ) |  | — |  |  | (705 | ) |  | — |  |  | (7,518 | )
Intercompany interest income (expense) | 624 |  |  | 1,013 |  |  | (1,637 | ) |  | — |  |  | — |
Foreign exchange loss | — |  |  | (8 | ) |  | (4,424 | ) |  | — |  |  | (4,432 | )
Other income (expense) | 5,669 |  |  | (165 | ) |  | 2,246 |  |  | — |  |  | 7,750 |
(Loss) income before income taxes | (2,317 | ) |  | 12,295 |  |  | 3,922 |  |  | — |  |  | 13,900 |
(Benefit) provision for income taxes | (10,066 | ) |  | 4,260 |  |  | 5,020 |  |  | — |  |  | (786 | )
Equity in earnings of subsidiaries | 6,938 |  |  | — |  |  | 4,337 |  |  | (11,275 | ) |  | — |
Net income (loss) | 14,687 |  |  | 8,035 |  |  | 3,239 |  |  | (11,275 | ) |  | 14,686 |
Net loss noncontrolling interests | — |  |  | — |  |  | (1,679 | ) |  | — |  |  | (1,679 | )
Net income (loss) attributable to Titan | $ | 14,687 |  |  | $ | 8,035 |  |  | $ | 4,918 |  |  | $ | (11,275 | ) |  | $ | 16,365 |
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Three Months Ended March 31, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 143,836 |  |  | $ | 213,665 |  |  | $ | — |  |  | $ | 357,501 |
Cost of sales | 69 |  |  | 126,421 |  |  | 190,810 |  |  | — |  |  | 317,300 |
Gross (loss) profit | (69 | ) |  | 17,415 |  |  | 22,855 |  |  | — |  |  | 40,201 |
Selling, general and administrative expenses | 4,871 |  |  | 17,271 |  |  | 19,196 |  |  | — |  |  | 41,338 |
Research and development expenses | — |  |  | 903 |  |  | 1,940 |  |  | — |  |  | 2,843 |
Royalty expense | 417 |  |  | 1,294 |  |  | 898 |  |  | — |  |  | 2,609 |
(Loss) income from operations | (5,357 | ) |  | (2,053 | ) |  | 821 |  |  | — |  |  | (6,589 | )
Interest expense | (7,445 | ) |  | — |  |  | (276 | ) |  | — |  |  | (7,721 | )
Intercompany interest income (expense) | 581 |  |  | — |  |  | (581 | ) |  | — |  |  | — |
Foreign exchange gain | — |  |  | — |  |  | 4,490 |  |  |  |  |  | 4,490 |
Other income (loss) | 1,280 |  |  | (436 | ) |  | 1,833 |  |  | — |  |  | 2,677 |
(Loss) income before income taxes | (10,941 | ) |  | (2,489 | ) |  | 6,287 |  |  | — |  |  | (7,143 | )
Provision for income taxes | 1,676 |  |  | 174 |  |  | 1,592 |  |  | — |  |  | 3,442 |
Equity in earnings of subsidiaries | 4,976 |  |  | — |  |  | (4,723 | ) |  | (253 | ) |  | — |
Net loss | (7,641 | ) |  | (2,663 | ) |  | (28 | ) |  | (253 | ) |  | (10,585 | )
Net income noncontrolling interests | — |  |  | — |  |  | 868 |  |  | — |  |  | 868 |
Net loss attributable to Titan | $ | (7,641 | ) |  | $ | (2,663 | ) |  | $ | (896 | ) |  | $ | (253 | ) |  | $ | (11,453 | )
Condensed Statement of Comprehensive Income [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 14,687 |  |  | $ | 8,035 |  |  | $ | 3,239 |  |  | $ | (11,275 | ) |  | $ | 14,686 |
Currency translation adjustment | 8,062 |  |  | — |  |  | 8,062 |  |  | (8,062 | ) |  | 8,062 |
Pension liability adjustments, net of tax | 883 |  |  | 646 |  |  | 237 |  |  | (883 | ) |  | 883 |
Comprehensive income (loss) | 23,632 |  |  | 8,681 |  |  | 11,538 |  |  | (20,220 | ) |  | 23,631 |
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (1,040 | ) |  | — |  |  | (1,040 | )
Comprehensive income (loss) attributable to Titan | $ | 23,632 |  |  | $ | 8,681 |  |  | $ | 12,578 |  |  | $ | (20,220 | ) |  | $ | 24,671 |
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net loss | $ | (7,641 | ) |  | $ | (2,663 | ) |  | $ | (28 | ) |  | $ | (253 | ) |  | $ | (10,585 | )
Currency translation adjustment | 11,019 |  |  | — |  |  | 11,019 |  |  | (11,019 | ) |  | 11,019 |
Pension liability adjustments, net of tax | 733 |  |  | 625 |  |  | 108 |  |  | (733 | ) |  | 733 |
Comprehensive income (loss) | 4,111 |  |  | (2,038 | ) |  | 11,099 |  |  | (12,005 | ) |  | 1,167 |
Net comprehensive income attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | 2,783 |  |  | — |  |  | 2,783 |
Comprehensive income (loss) attributable to Titan | $ | 4,111 |  |  | $ | (2,038 | ) |  | $ | 8,316 |  |  | $ | (12,005 | ) |  | $ | (1,616 | )
Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Balance Sheets March 31, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 45,883 |  |  | $ | 9 |  |  | $ | 66,537 |  |  | $ | — |  |  | $ | 112,429 |
Accounts receivable, net | — |  |  | 80,597 |  |  | 213,908 |  |  | — |  |  | 294,505 |
Inventories | — |  |  | 104,758 |  |  | 263,677 |  |  | — |  |  | 368,435 |
Prepaid and other current assets | 16,900 |  |  | 19,779 |  |  | 38,882 |  |  | — |  |  | 75,561 |
Total current assets | 62,783 |  |  | 205,143 |  |  | 583,004 |  |  | — |  |  | 850,930 |
Property, plant and equipment, net | 1,451 |  |  | 106,681 |  |  | 309,294 |  |  | — |  |  | 417,426 |
Investment in subsidiaries | 753,962 |  |  | — |  |  | 78,214 |  |  | (832,176 | ) |  | — |
Other assets | 6,525 |  |  | 919 |  |  | 77,255 |  |  | — |  |  | 84,699 |
Total assets | $ | 824,721 |  |  | $ | 312,743 |  |  | $ | 1,047,767 |  |  | $ | (832,176 | ) |  | $ | 1,353,055 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 55,171 |  |  | $ | — |  |  | $ | 55,171 |
Accounts payable | 1,668 |  |  | 28,160 |  |  | 198,126 |  |  | — |  |  | 227,954 |
Other current liabilities | 32,856 |  |  | 31,416 |  |  | 66,012 |  |  | — |  |  | 130,284 |
Total current liabilities | 34,524 |  |  | 59,576 |  |  | 319,309 |  |  | — |  |  | 413,409 |
Long-term debt | 394,490 |  |  | — |  |  | 13,118 |  |  | — |  |  | 407,608 |
Other long-term liabilities | 9,424 |  |  | 15,525 |  |  | 59,675 |  |  | — |  |  | 84,624 |
Intercompany accounts | 34,483 |  |  | (272,561 | ) |  | 238,078 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 115,369 |  |  | — |  |  | 115,369 |
Titan shareholders' equity | 351,800 |  |  | 510,203 |  |  | 313,425 |  |  | (832,176 | ) |  | 343,252 |
Noncontrolling interests | — |  |  | — |  |  | (11,207 | ) |  | — |  |  | (11,207 | )
Total liabilities and equity | $ | 824,721 |  |  | $ | 312,743 |  |  | $ | 1,047,767 |  |  | $ | (832,176 | ) |  | $ | 1,353,055 |
(Amounts in thousands) | Condensed Consolidating Balance Sheets December 31, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 59,740 |  |  | $ | 13 |  |  | $ | 83,817 |  |  | $ | — |  |  | $ | 143,570 |
Accounts receivable, net | — |  |  | 54,009 |  |  | 172,694 |  |  | — |  |  | 226,703 |
Inventories | — |  |  | 96,036 |  |  | 243,800 |  |  | — |  |  | 339,836 |
Prepaid and other current assets | 17,789 |  |  | 20,917 |  |  | 34,378 |  |  | — |  |  | 73,084 |
Total current assets | 77,529 |  |  | 170,975 |  |  | 534,689 |  |  | — |  |  | 783,193 |
Property, plant and equipment, net | 2,466 |  |  | 110,470 |  |  | 308,312 |  |  | — |  |  | 421,248 |
Investment in subsidiaries | 766,777 |  |  | — |  |  | 74,003 |  |  | (840,780 | ) |  | — |
Other assets | 6,389 |  |  | 967 |  |  | 78,315 |  |  | — |  |  | 85,671 |
Total assets | $ | 853,161 |  |  | $ | 282,412 |  |  | $ | 995,319 |  |  | $ | (840,780 | ) |  | $ | 1,290,112 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 43,651 |  |  | $ | — |  |  | $ | 43,651 |
Accounts payable | 4,258 |  |  | 20,787 |  |  | 170,452 |  |  | — |  |  | 195,497 |
Other current liabilities | 38,495 |  |  | 30,170 |  |  | 65,109 |  |  | — |  |  | 133,774 |
Total current liabilities | 42,753 |  |  | 50,957 |  |  | 279,212 |  |  | — |  |  | 372,922 |
Long-term debt | 394,284 |  |  | — |  |  | 12,887 |  |  | — |  |  | 407,171 |
Other long-term liabilities | 11,544 |  |  | 16,458 |  |  | 58,740 |  |  | — |  |  | 86,742 |
Intercompany accounts | 75,103 |  |  | (286,525 | ) |  | 211,422 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 113,193 |  |  | — |  |  | 113,193 |
Titan shareholders' equity | 329,477 |  |  | 501,522 |  |  | 330,710 |  |  | (840,780 | ) |  | 320,929 |
Noncontrolling interests | — |  |  | — |  |  | (10,845 | ) |  | — |  |  | (10,845 | )
Total liabilities and equity | $ | 853,161 |  |  | $ | 282,412 |  |  | $ | 995,319 |  |  | $ | (840,780 | ) |  | $ | 1,290,112 |
Condensed Cash Flow Statement [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash (used for) provided by operating activities | $ | (13,778 | ) |  | $ | 1,375 |  |  | $ | (23,280 | ) |  | $ | (35,683 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (1,380 | ) |  | (6,427 | ) |  | (7,807 | )
Other, net | 220 |  |  | 1 |  |  | 573 |  |  | 794 |
Net cash provided by (used for) investing activities | 220 |  |  | (1,379 | ) |  | (5,854 | ) |  | (7,013 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 16,480 |  |  | 16,480 |
Payment on debt | — |  |  | — |  |  | (5,720 | ) |  | (5,720 | )
Dividends paid | (299 | ) |  | — |  |  | — |  |  | (299 | )
Net cash (used for) provided by financing activities | (299 | ) |  | — |  |  | 10,760 |  |  | 10,461 |
Effect of exchange rate change on cash | — |  |  | — |  |  | 1,094 |  |  | 1,094 |
Net decrease in cash and cash equivalents | (13,857 | ) |  | (4 | ) |  | (17,280 | ) |  | (31,141 | )
Cash and cash equivalents, beginning of period | 59,740 |  |  | 13 |  |  | 83,817 |  |  | 143,570 |
Cash and cash equivalents, end of period | $ | 45,883 |  |  | $ | 9 |  |  | $ | 66,537 |  |  | $ | 112,429 |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash (used for) provided by operating activities | $ | (10,008 | ) |  | $ | 1,541 |  |  | $ | (6,072 | ) |  | $ | (14,539 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (358 | ) |  | (1,588 | ) |  | (6,443 | ) |  | (8,389 | )
Other, net | — |  |  | 47 |  |  | 527 |  |  | 574 |
Net cash used for investing activities | (358 | ) |  | (1,541 | ) |  | (5,916 | ) |  | (7,815 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 14,635 |  |  | 14,635 |
Payment on debt | (3,393 | ) |  | — |  |  | (6,823 | ) |  | (10,216 | )
Dividends paid | (271 | ) |  | — |  |  | — |  |  | (271 | )
Net cash (used for) provided by financing activities | (3,664 | ) |  | — |  |  | 7,812 |  |  | 4,148 |
Effect of exchange rate change on cash | — |  |  | — |  |  | 1,537 |  |  | 1,537 |
Net decrease in cash and cash equivalents | (14,030 | ) |  | — |  |  | (2,639 | ) |  | (16,669 | )
Cash and cash equivalents, beginning of period | 86,190 |  |  | 9 |  |  | 61,628 |  |  | 147,827 |
Cash and cash equivalents, end of period | $ | 72,160 |  |  | $ | 9 |  |  | $ | 58,989 |  |  | $ | 131,158 |

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