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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 203,628 $ 220,251
Accounts receivable, net 355,559 219,145
Inventories 504,945 365,156
Prepaid and other current assets 91,004 72,229
Total current assets 1,155,136 876,781
Property, plant and equipment, net 450,446 321,694
Operating Lease, Right-of-Use Asset 108,777 11,955
Goodwill 12,867 0
Intangible Assets, Net (Excluding Goodwill) 17,046 1,431
Deferred income taxes 26,283 38,033
Other long-term assets 43,040 39,351
Total assets 1,813,595 1,289,245
Current liabilities    
Short-term debt 18,693 16,913
Accounts payable 287,933 201,201
Operating Lease, Liability, Current 12,289 5,021
Other current liabilities 176,148 149,240
Total current liabilities 495,063 372,375
Long-term debt 554,440 409,178
Deferred income taxes 4,708 2,234
Operating Lease, Liability, Noncurrent 95,467 6,153
Other long-term liabilities 32,982 31,890
Total liabilities $ 1,182,660 $ 821,830
Common Stock, par value $ 0.0001  
Common Stock, shares authorized (in shares) 120,000,000  
Common Stock, shares issued (in shares) 78,447,035 66,525,269
Treasury Stock, Common, Shares 5,613,074 5,809,414
Titan stockholders' equity    
Common stock ($0.0001 par value, 120,000,000 shares authorized, 78,447,035 issued at March 31, 2024 and 66,525,269 at December 31, 2023) $ 0 $ 0
Additional paid-in capital 735,544 569,065
Retained earnings 178,824 169,623
Treasury stock (at cost, 5,613,074 shares at March 31, 2024 and 5,809,414 shares at December 31, 2023) (51,300) (52,585)
Accumulated other comprehensive loss (232,925) (219,043)
Total Titan shareholders’ equity 630,143 467,060
Noncontrolling interests 792 355
Total equity 630,935 467,415
Total liabilities and equity $ 1,813,595 $ 1,289,245