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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2018
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 each of the three and six months ended June 30, 2018 and 2017 (amounts in thousands):

Three months ended
 
Six months ended

June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Net sales
 
 
 
 

 

Agricultural
$
186,870

 
$
172,923

 
$
381,037

 
$
353,439

Earthmoving/construction
198,963

 
150,970

 
387,696

 
286,589

Consumer
43,071

 
40,506

 
85,553

 
81,872

 
$
428,904

 
$
364,399

 
$
854,286

 
$
721,900

Gross profit
 

 
 

 
 
 
 
Agricultural
$
27,270

 
$
23,037

 
$
57,231

 
$
44,916

Earthmoving/construction
24,260

 
14,254

 
46,722

 
27,152

Consumer
6,782

 
6,729

 
13,920

 
12,153

 
$
58,312

 
$
44,020

 
$
117,873

 
$
84,221

Income (loss) from operations
 

 
 

 
 
 
 
Agricultural
$
19,002

 
$
14,224

 
$
40,323

 
$
26,969

Earthmoving/construction
11,575

 
2,322

 
21,528

 
3,384

Consumer
3,651

 
3,536

 
7,598

 
5,051

Corporate & Unallocated
(18,003
)
 
(15,666
)
 
(35,124
)
 
(37,577
)
      Income (loss) from operations
16,225

 
4,416

 
34,325

 
(2,173
)
 
 
 
 
 
 
 
 
Interest expense
(7,672
)
 
(7,320
)
 
(15,190
)
 
(15,041
)
Foreign exchange loss
(3,610
)
 
(5,257
)
 
(8,042
)
 
(767
)
Other income, net
2,477

 
1,750

 
10,227

 
4,427

      Income (loss) before income taxes
$
7,420

 
$
(6,411
)
 
$
21,320

 
$
(13,554
)

Assets by segment were as follows as of the dates set forth below (amounts in thousands):
 
June 30,
2018
 
December 31,
2017
Total assets
 

 
 

Agricultural
$
470,466

 
$
444,783

Earthmoving/construction
576,842

 
537,855

Consumer
131,943

 
157,133

Corporate & Unallocated
131,119

 
150,341

 
$
1,310,370

 
$
1,290,112