CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 66,366	$ 81,685
Accounts receivable, net	272,006	241,832
Inventories	385,368	395,735
Prepaid and other current assets	62,473	60,229
Total current assets	786,213	779,481
Property, plant and equipment, net	375,997	384,872
Operating Lease, Right-of-Use Asset	24,422	0
Deferred income taxes	1,965	2,874
Other assets	80,931	84,029
Total assets	1,269,528	1,251,256
Current liabilities
Short-term debt	71,366	51,885
Accounts payable	209,422	212,129
Other current liabilities	111,834	111,054
Total current liabilities	392,622	375,068
Long-term debt	445,388	409,572
Deferred income taxes	8,819	9,416
Other long-term liabilities	79,091	67,290
Total liabilities	925,920	861,346
Redeemable noncontrolling interest	55,517	119,813
Titan stockholders' equity
Common stock ($0.0001 par value, 120,000,000 shares authorized, 60,715,356 issued at June 30, 2019, and December 31, 2018)	0	0
Additional paid-in capital	527,763	519,498
Retained deficit	(29,751)	(29,048)
Treasury stock (at cost, 714,986 and 798,383 shares, respectively)	(7,082)	(7,831)
Accumulated other comprehensive loss	(207,996)	(203,571)
Total Titan shareholders’ equity	282,934	279,048
Noncontrolling interests	5,157	(8,951)
Total equity	288,091	270,097
Total liabilities and equity	$ 1,269,528	$ 1,251,256

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682