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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block] SUBSIDIARY GUARANTOR FINANCIAL INFORMATIONThe Company's 7.00% senior secured notes due 2028 are guaranteed by the following 100% owned subsidiaries of the Company: Titan Tire Corporation, Titan Tire Corporation of Bryan, Titan Tire Corporation of Freeport, and Titan Wheel Corporation of Illinois. The note guarantees are full and unconditional, joint and several obligations of the guarantors. The guarantees of the guarantor subsidiaries are subject to release in limited circumstances only upon the occurrence of certain customary conditions. The following condensed consolidating financial statements are presented using the equity method of accounting. Certain sales & marketing expenses recorded by non-guarantor subsidiaries have not been allocated to the guarantor subsidiaries.
(Amounts in thousands)Consolidating Condensed Statements of Operations
Year Ended December 31, 2021
 Titan
 Intl., Inc. (Parent)
Guarantor SubsidiariesNon-Guarantor SubsidiariesEliminationsConsolidated
Net sales$— $374,727 $1,780,494 $(375,006)$1,780,215 
Cost of sales3,153 270,347 1,644,179 (375,006)1,542,673 
Gross profit(3,153)104,380 136,315 — 237,542 
Selling, general, and administrative expenses10,174 46,736 74,862 — 131,772 
Research and development expenses1,023 3,110 5,971 — 10,104 
Royalty expense1,291 4,368 4,832 — 10,491 
(Loss) income from operations(15,641)50,166 50,650 — 85,175 
Interest expense(30,298)(23)(1,900)— (32,221)
Loss on note repurchase(16,020)— — — (16,020)
Intercompany interest (expense) income(2,037)2,314 (277)— — 
Foreign exchange (loss) income(6)(194)12,220 — 12,020 
Other (expense) income (1,732)2,564 1,254 — 2,086 
(Loss) income before income taxes(65,734)54,827 61,947 — 51,040 
(Benefit) provision for income taxes(1,007)347 1,809 — 1,149 
Equity in earnings (loss) of subsidiaries114,618 — 6,773 (121,391)— 
Net income (loss) 49,891 54,480 66,911 (121,391)49,891 
Net income attributable to noncontrolling interests— — 305 — 305 
Net income (loss) attributable to Titan$49,891 $54,480 $66,606 $(121,391)$49,586 

(Amounts in thousands)Consolidating Condensed Statements of Comprehensive Income (Loss)
For the Year Ended December 31, 2021
 Titan
 Intl., Inc. (Parent)
Guarantor SubsidiariesNon-Guarantor SubsidiariesEliminationsConsolidated
Net income (loss) $49,891 $54,480 $66,911 $(121,391)$49,891 
Derivative gain (loss)— — 374 — 374 
Currency translation adjustment, net— — (42,338)— (42,338)
Pension liability adjustments, net of tax— 11,909 399 — 12,308 
Comprehensive income (loss) 49,891 66,389 25,346 (121,391)20,235 
Net comprehensive loss attributable to noncontrolling interests— — (125)— (125)
Comprehensive income (loss) attributable to Titan$49,891 $66,389 $25,471 $(121,391)$20,360 
(Amounts in thousands)Consolidating Condensed Balance Sheets
December 31, 2021
 Titan
 Intl., Inc. (Parent)
Guarantor SubsidiariesNon-Guarantor SubsidiariesEliminationsConsolidated
Assets     
Cash and cash equivalents$7,040 $17 $91,051 $— $98,108 
Accounts receivable170 255,007 — 255,180 
Inventories— 67,100 325,515 — 392,615 
Prepaid and other current assets1,234 16,182 49,985 — 67,401 
Total current assets8,444 83,302 721,558 — 813,304 
Property, plant, and equipment, net1,667 80,219 219,223 — 301,109 
Investment in subsidiaries710,736 — 66,612 (777,348)— 
Other long-term assets1,373 13,998 52,901 — 68,272 
Total assets$722,220 $177,519 $1,060,294 $(777,348)$1,182,685 
Liabilities and Stockholders’ Equity     
Short-term debt$— $— $32,500 $— $32,500 
Accounts payable2,557 51,416 224,126 — 278,099 
Other current liabilities28,064 30,706 81,444 — 140,214 
Total current liabilities30,621 82,122 338,070 — 450,813 
Long-term debt424,524 — 27,927 — 452,451 
Other long-term liabilities233 6,179 45,837 — 52,249 
Intercompany accounts(3,427)(471,450)474,877 — — 
Titan stockholders' equity270,269 560,668 175,711 (777,348)229,300 
Noncontrolling interests— — (2,128)— (2,128)
Total liabilities and stockholders’ equity$722,220 $177,519 $1,060,294 $(777,348)$1,182,685 


(Amounts in thousands)Consolidating Condensed Statements of Cash Flows
Year Ended December 31, 2021
 Titan
 Intl., Inc. (Parent)
Guarantor SubsidiariesNon-Guarantor SubsidiariesConsolidated
Net cash (used for) provided by operating activities$(15,512)$10,911 $15,327 $10,726 
Cash flows from investing activities:    
Capital expenditures(67)(10,911)(27,824)(38,802)
Other, net— 45 1,158 1,203 
Net cash (used for) provided by investing activities(67)(10,866)(26,666)(37,599)
Cash flows from financing activities:    
Proceeds from borrowings471,692 — 25,457 497,149 
Payment on debt(41,357)— (27,825)(69,182)
Repurchase of senior secured notes(413,000)— — (413,000)
Dividends paid— — — — 
Other financing activities(5,714)(32)4,725 (1,021)
Net cash provided by (used for) financing activities11,621 (32)2,357 13,946 
Effect of exchange rate change on cash— — (6,396)(6,396)
Net (decrease) increase in cash and cash equivalents(3,958)13 (15,378)(19,323)
Cash and cash equivalents, beginning of period10,998 106,429 117,431 
Cash and cash equivalents, end of period$7,040 $17 $91,051 $98,108