Cooper Tire & Rubber (CTB) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	CTB
Entity Registrant Name	COOPER TIRE & RUBBER CO
Entity Central Index Key	24,491
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		56,802,118

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 751,781	$ 888,685	$ 1,414,987	$ 1,685,143
Cost of products sold	592,089	740,816	1,123,340	1,389,932
Gross profit	159,692	147,869	291,647	295,211
Selling, general and administrative	60,264	71,280	121,865	137,711
Operating profit	99,428	76,589	169,782	157,500
Interest expense	(6,240)	(6,792)	(12,597)	(13,910)
Interest income	514	270	1,075	783
Other income	1,592	477	1,672	466
Income before income taxes	95,294	70,544	159,932	144,839
Provision for income taxes	34,818	25,786	57,294	48,353
Net income	60,476	44,758	102,638	96,486
Net income attributable to noncontrolling shareholders' interests	894	6,576	2,295	12,870
Net income attributable to Cooper Tire & Rubber Company	$ 59,582	$ 38,182	$ 100,343	$ 83,616
Basic earnings per share:
Net income attributable to Cooper Tire & Rubber Company common stockholders	$ 1.04	$ 0.60	$ 1.74	$ 1.32
Diluted earnings per share:
Net income attributable to Cooper Tire & Rubber Company common stockholders	1.03	0.59	1.72	1.30
Dividends per share	$ 0.105	$ 0.105	$ 0.210	$ 0.210

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 60,476	$ 44,758	$ 102,638	$ 96,486
Cumulative currency translation adjustments
Foreign currency translation adjustments	9,293	4,744	(3,565)	807
Financial instruments
Change in the fair value of derivatives and marketable securities	(6,464)	(4,531)	(2,044)	(2,989)
Income tax benefit on derivative instruments	2,564	1,699	832	1,086
Financial instruments, net of tax	(3,900)	(2,832)	(1,212)	(1,903)
Postretirement benefit plans
Amortization of actuarial loss	11,687	9,164	23,357	18,291
Amortization of prior service credit	(142)	(141)	(283)	(283)
Income tax provision on postretirement benefit plans	(4,104)	(3,079)	(8,205)	(6,192)
Foreign currency translation effect	(6,257)	(2,730)	(991)	(3,242)
Postretirement benefit plans, net of tax	1,184	3,214	13,878	8,574
Other comprehensive income	6,577	5,126	9,101	7,478
Comprehensive income	67,053	49,884	111,739	103,964
Less comprehensive income attributable to noncontrolling shareholders' interests	342	6,783	643	11,897
Comprehensive income attributable to Cooper Tire & Rubber Company	$ 66,711	$ 43,101	$ 111,096	$ 92,067

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 408,057	$ 551,652
Notes receivable	10,658	4,546
Accounts receivable, less allowances of $8,792 at 2014 and $10,114 at 2015	400,278	368,393
Inventories at lower of cost or market:
Finished goods	365,331	302,032
Work in process	28,706	28,611
Raw materials and supplies	95,039	91,208
Inventories at lower of cost or market	489,076	421,851
Other current assets	89,922	81,110
Total current assets	1,397,991	1,427,552
Property, plant and equipment:
Land and land improvements	49,592	49,760
Buildings	279,150	277,602
Machinery and equipment	1,602,163	1,552,140
Molds, cores and rings	223,495	218,827
Total property, plant and equipment	2,154,400	2,098,329
Less accumulated depreciation and amortization	1,386,782	1,358,126
Net property, plant and equipment	767,618	740,203
Goodwill	18,851	18,851
Intangibles, net of accumulated amortization of $49,010 at 2014 and $55,667 at 2015	136,800	137,784
Restricted cash	660	653
Deferred income taxes	139,620	148,183
Other assets	17,074	16,705
Total assets	2,478,614	2,489,931
Current liabilities:
Notes payable	15,049	64,551
Accounts payable	236,939	258,373
Accrued liabilities	197,026	184,332
Income taxes	13,584	1,994
Current portion of long-term debt	1,791	2,115
Total current liabilities	464,389	511,365
Long-term debt	297,547	298,931
Postretirement benefits other than pensions	263,770	264,305
Pension benefits	353,729	373,360
Other long-term liabilities	148,505	152,775
Deferred income tax liabilities	$ 4,059	$ 4,934
Equity:
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued	$ 87,850	$ 87,850
Capital in excess of par value	10,561	5,742
Retained earnings	1,995,251	1,867,126
Cumulative other comprehensive loss	(519,849)	(530,602)
Parent stockholders' equity before treasury stock	1,573,813	1,430,116
Less: common shares in treasury at cost (29,698,893 at 2014 and 31,094,620 at 2015)	(668,310)	(586,324)
Total parent stockholders' equity	905,503	843,792
Noncontrolling shareholder interest in consolidated subsidiary	41,112	40,469
Total equity	946,615	884,261
Total liabilities and equity	$ 2,478,614	$ 2,489,931

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowances for accounts receivable	$ 10,114	$ 8,792
Accumulated amortization of intangibles	$ 55,667	$ 49,010
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	87,850,292	87,850,292
Treasury stock, shares	31,094,620	29,698,893

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 102,638	$ 96,486
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	59,457	69,767
Deferred income taxes	2,718	1,883
Stock based compensation	8,674	3,612
Change in LIFO inventory reserve	(51,512)	(35,062)
Amortization of unrecognized postretirement benefits	23,074	18,008
Changes in operating assets and liabilities:
Accounts and notes receivable	(38,195)	(134,799)
Inventories	(18,131)	(89,116)
Other current assets	(10,087)	(3,493)
Accounts payable	(20,358)	66,072
Accrued liabilities	17,952	24,973
Other items	(29,356)	(8,410)
Net cash provided by operating activities	46,874	9,921
Investing activities:
Additions to property, plant and equipment	(88,598)	(76,132)
Proceeds from the sale of assets	1,555	380
Net cash used in investing activities	(87,043)	(75,752)
Financing activities:
Net issuances of (payments on) short-term debt	(43,554)	3,003
Additions to long-term debt		15,634
Repayments of long-term debt	(1,708)	(12,603)
Payment of financing fees	(2,586)
Repurchase of common stock	(60,046)
Payment of dividends to noncontrolling shareholders		(2,570)
Payment of dividends to Cooper Tire & Rubber Company shareholders	(12,050)	(13,332)
Issuance of common shares and excess tax benefits on options	17,441	2,387
Net cash used in financing activities	(102,503)	(7,481)
Effects of exchange rate changes on cash	(923)	2,217
Changes in cash and cash equivalents	(143,595)	(71,095)
Cash and cash equivalents at beginning of year	551,652	397,731
Cash and cash equivalents at end of period	$ 408,057	$ 326,636

Basis of Presentation and Conso

Basis of Presentation and Consolidation	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Consolidation	1. Basis of Presentation and Consolidation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. There is a year-round demand for the Company’s passenger and truck replacement tires, but sales of light vehicle replacement tires are generally strongest during the third and fourth quarters of the year. Winter tires are sold principally during the months of June through November. Operating results for the six-month period ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ended December 31, 2015. The Company consolidates into its financial statements the accounts of the Company, all wholly-owned subsidiaries, and any partially-owned subsidiary that the Company has the ability to control. Control generally equates to ownership percentage, whereby investments that are more than 50 percent owned are consolidated, investments in affiliates of 50 percent or less but greater than 20 percent are accounted for using the equity method, and investments in affiliates of 20 percent or less are accounted for using the cost method. The Company does not consolidate any entity for which it has a variable interest based solely on power to direct the activities and significant participation in the entity’s expected results that would not otherwise be consolidated based on control through voting interests. Further, the Company’s joint venture is a business established and maintained in connection with the Company’s operating strategy. All intercompany transactions and balances have been eliminated. Debt Facilities In the second quarter, the Company entered into a revolving credit facility with a consortium of banks that provides up to $400,000 based on available collateral, including a $110,000 letter of credit subfacility, and expires in May 2020. The Company may elect to increase the commitments under the revolving credit facility or incur one or more tranches of term loans in an aggregate amount of up to $100,000, subject to the satisfaction of certain conditions. The Company may elect to add certain foreign subsidiaries as additional borrowers under the Credit Agreement (the “Foreign Borrowers”), subject to the satisfaction of certain conditions. All of the indebtedness of the Company and any Foreign Borrowers under the revolving credit facility is guaranteed by certain of the Company’s domestic subsidiaries and secured by substantially all of the assets of the Company and the domestic guarantors, subject to certain limitations. All of the indebtedness of any Foreign Borrower will be guaranteed by the Company and the material foreign subsidiaries and direct parent companies of such Foreign Borrower, subject to certain exceptions, and secured by substantially all of the assets of the Company, the Foreign Borrowers and the guarantors. Borrowings under the revolving credit facility bear interest at a rate per annum equal to, at the Company’s option, either (i) the base rate plus the applicable margin or (ii) the relevant adjusted LIBOR for an interest period of one, two, three or six months (as selected by the Company), or such other period of time approved by the Lenders, plus the applicable margin. The revolving credit facility contains certain customary non-financial covenants. In addition, the revolving credit facility contains financial covenants that require the Company to maintain a net leverage ratio and interest coverage ratio in accordance with the limits set forth therein. In connection with entering into the revolving credit facility, the Company terminated its former $200,000 credit facility. In the second quarter, the Company amended its accounts receivable securitization facility, reducing the borrowing limit from $175,000 to $150,000 and extending the maturity until May 2018. The accounts receivable securitization facility has no significant financial covenants until available credit is less than specified amounts. These credit facilities are undrawn, other than to secure letters of credit, at June 30, 2015. Accounting Pronouncements Each change to U.S. GAAP is established by the Financial Accounting Standards Board (“FASB”) in the form of an accounting standards update (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”). The Company considers the applicability and impact of all accounting standards updates. Accounting standards updates not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on the Company’s consolidated financial statements. Accounting Pronouncements – Recently Adopted Discontinued Operations – In April 2014, the FASB issued ASU 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,” which requires that a disposal representing a strategic shift that has or will have a major effect on an entity’s financial results or a business activity classified as held for sale should be reported as discontinued operations. The amendments also expand the disclosure requirements for discontinued operations and add new disclosures for individually significant dispositions that do not qualify as discontinued operations. The standard is effective for the annual and interim periods beginning after December 15, 2014. Accordingly, the Company has formally adopted the new standard; however, the adoption did not have an impact on the Company’s consolidated financial statements. Accounting Pronouncements – To be adopted Revenue Recognition – In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which will supersede most current revenue recognition guidance, including industry-specific guidance. The core principle is that an entity will recognize revenue to depict the transfer of goods or services to customers in an amount that the entity expects to be entitled to in exchange for those goods or services. The standard provides a five-step model to determine when and how revenue is recognized. Other major provisions include capitalization of certain contract costs, consideration of time value of money in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The standard also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The standard was proposed to be effective for annual and interim periods beginning after December 15, 2016. On July 9, 2015, the FASB voted to defer the effective date by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date of December 15, 2016. The standard permits the use of either a retrospective or cumulative effect transition method. The Company has not yet selected a transition method and is currently evaluating the impact the new standard will have on its consolidated financial statements and related disclosures. Stock-Based Compensation – In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period,” which requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which the requisite service has already been rendered. The standard is effective for the annual and interim periods beginning after December 15, 2015 and can be applied either prospectively or retrospectively to all awards outstanding as of the beginning of the earliest annual period presented as an adjustment to opening retained earnings. Early adoption is permitted. The adoption of this standard will not have a material impact on the Company’s consolidated financial statements. Consolidation – In February 2015, the FASB issued ASU 2015-02, “Amendments to the Consolidation Analysis,” which modifies the existing consolidation model, particularly for those entities with a variable interest in other legal entities. The standard is effective for the annual and interim periods beginning after December 15, 2015 and can be applied using either a retrospective or modified retrospective approach. Early adoption is permitted. The adoption of this standard will not have a material impact on the Company’s consolidated financial statements. Debt Issuance Costs – In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the debt liability rather than as an asset. Application of the standard, which is required to be applied retrospectively, is required for the annual and interim periods beginning after December 15, 2015. The adoption of this standard will result in a reclassification of debt issuance costs associated with the Company’s long-term debt from other assets to long-term debt in the Company’s Condensed Consolidated Balance Sheets. Intangibles – In April 2015, the FASB issued ASU 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement,” which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company is evaluating the impact, if any, of adopting this new accounting standard on its financial statements. Fair Value Measurements – In May 2015, the FASB issued ASU 2015-07, “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent),” which removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendment also limits disclosure to investments for which the practical expedient has been elected instead of all investments eligible for the practical expedient. Application of the standard, which must be applied retrospectively, is required for the annual and interim periods beginning after December 15, 2015. The Company is currently evaluating the impact the new standard will have on the footnote disclosures to its consolidated financial statements.

CCT Agreements

CCT Agreements	6 Months Ended
	Jun. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
CCT Agreements	2. CCT Agreements On January 29, 2014, the Company entered into an agreement (the “CCT Agreement”) with Chengshan Group Company Ltd. (“Chengshan”) and The Union of Cooper Chengshan (Shandong) Tire Company Co., Ltd. (the “Union”) regarding Cooper Chengshan (Shandong) Tire Company Ltd. (“CCT”) that, among other matters, provided Chengshan, with certain conditions and exceptions, a limited contractual right to either (i) purchase the Company’s 65 percent equity interest in CCT for 65 percent of the Option Price (as defined below) or (ii) sell its 35 percent equity interest in CCT to the Company for 35 percent of the Option Price. In the event Chengshan elected not to exercise its right to purchase the Company’s equity interest or sell its interest in CCT to the Company, the Company had the right to purchase Chengshan’s 35 percent equity interest in CCT for 35 percent of the Option Price subject to certain conditions. In the event neither Chengshan nor the Company exercised their respective options prior to their expiration, the agreement allowed for continuation of the joint venture as then structured. The “Option Price” under the CCT Agreement was defined as the greater of (i) the fair market value of CCT on a stand-alone basis, which value would not take into consideration the value of the trademarks and technologies licensed by the Company to CCT, as determined by an internationally recognized valuation firm (the “CCT valuation”) and (ii) $435,000. Under the terms of the CCT Agreement, once the Option Price was determined, the noncontrolling shareholder had 45 days to elect to either purchase the Company’s 65 percent ownership interest in CCT for 65 percent of the Option Price or sell to the Company its 35 percent ownership interest in CCT at 35 percent of the Option Price, or do neither. If the noncontrolling shareholder did not exercise these options, the options would expire and the Company would have the right to purchase the noncontrolling shareholder’s 35 percent ownership interest in CCT at 35 percent of the Option Price. The CCT Agreement provided that, if the CCT valuation was not provided on or before August 11, 2014 (as such date may be extended, the “Option Commencement Deadline”), the options of both parties would terminate and be of no effect unless the Company, at its sole discretion, elected to extend the deadline for the CCT valuation. On August 11, 2014, the Company extended the Option Commencement Deadline from August 11, 2014 to August 14, 2014 to allow the parties to finalize the Option Agreement, as defined below, and related matters. As contemplated by the CCT Agreement, on August 14, 2014, the Company, Cooper Tire Investment Holding (Barbados) Ltd., a wholly owned subsidiary of CTB, Chengshan and Prairie Investment Limited (“Prairie”), a wholly owned subsidiary of Chengshan, entered into an option agreement (the “Option Agreement”). The Option Agreement further extended the Option Commencement Deadline until August 24, 2014. Furthermore, the Option Agreement, among other matters, set forth the details for exercising the options under the CCT Agreement and effecting the transactions pursuant thereto. The CCT Agreement and the Option Agreement were separate and in addition to the purchase, sale, transfer, right of first refusal and other protective rights set forth in the existing joint venture agreement between the Company and Chengshan with respect to CCT, which continued to be in effect and fully operational. The Company determined the CCT Agreement constituted an accounting extinguishment and new issuance of the Chengshan Group’s equity interest in CCT. In accordance with ASC 810, “Consolidation”, changes in a parent’s interest while the parent retains its controlling financial interest in its subsidiary shall be accounted for as equity transactions. Therefore, gains and losses were not recorded in the Condensed Consolidated Statements of Income as a result of the CCT Agreement. The Company was required to measure the noncontrolling shareholder interest at fair value as of January 29, 2014, the transaction date (the “Transaction Date Assessment”). The measurement of the noncontrolling shareholder interest as of the transaction date related to the CCT Agreement was determined by assessing CCT as an ongoing component of the Company’s operations. The CCT Agreement Transaction Date Assessment was not meant to be representative of the fair market value of CCT as a stand-alone entity as defined by the CCT Agreement. Further, the Transaction Date Assessment also considered specific discounts attributable to a noncontrolling shareholder interest, including discounts for lack of control of the entity and lack of marketability. Any adjustment to the noncontrolling shareholder interest as a result of the Transaction Date Assessment was offset by a reduction to Capital in excess of par value, to the extent available, with any remaining amount treated as a reduction in Retained earnings. In addition, because the CCT Agreement provided put and call options to the noncontrolling shareholder interest owner, these options were measured at fair value (the “Options Assessment”). Adjustments to the carrying value of the noncontrolling shareholder interest as a result of the Options Assessment were to be treated like a dividend to the noncontrolling shareholder interest owner. Any adjustment to the noncontrolling shareholder interest as a result of the Options Assessment was to be offset by a reduction to Retained earnings and reflected in the computation of earnings per share available to the Company’s common stockholders. Further, as a result of the CCT Agreement, during the term of its put option rights, the noncontrolling shareholder interest in CCT had redemption features that were not within the control of the Company. Accordingly, the noncontrolling shareholder interest in CCT was recorded outside of total equity during the interim period between the CCT Agreement and eventual date of sale as described below. If the Transaction Date Assessment and Options Assessment resulted in a noncontrolling shareholder interest that was less than 35 percent of the minimum Option Price, ASC 480, “Distinguishing Liabilities from Equity”, required that the noncontrolling shareholder interest be adjusted to 35 percent of the minimum Option Price. The Company’s CCT Agreement Transaction Date Assessment, in accordance with the appropriate accounting guidance, resulted in an adjustment to the redeemable noncontrolling shareholder interest of $28,285, increasing the total noncontrolling shareholder interest to $152,250. The Options Assessment did not result in any further adjustment to the redeemable noncontrolling shareholder interest. The redeemable noncontrolling shareholder interest was classified outside of permanent equity on the Company’s Condensed Consolidated Balance Sheet, in accordance with the authoritative accounting guidance. On August 24, 2014, the CCT valuation was completed by an internationally recognized valuation firm. The CCT valuation amount was approximately $437,700. As contemplated by the CCT Agreement, the CCT Valuation amount was to be used as the Option Price, as it was greater than $435,000. Subsequent to the Transaction Date Assessment, in accordance with ASC 480, the carrying value of the redeemable noncontrolling shareholder interest was evaluated to determine if the redemption value as of the reporting date exceeded the carrying value. At September 30, 2014, no adjustment to the redeemable noncontrolling shareholder interest was required as the carrying value of $168,435 was greater than the redemption value of $153,206, which was 35 percent of the CCT valuation amount of $437,700. The Company determined that the recurring fair value measurements related to CCT relied primarily on Company-specific inputs and the Company’s assumptions about the use of the assets and settlements of liabilities, as observable inputs were not available and, as such, resided within Level 3 of the fair value hierarchy as defined in Note 5 – Fair Value Measurements. The Company utilized third parties to assist in the determination of the fair value of CCT based upon internal and external inputs considering various relevant market transactions, discounted cash flow valuation methods and probability weighting, among other factors. In October 2014, the Company received the required documentation from the noncontrolling shareholder interest owner indicating its intent to exercise its call option under the CCT Agreement. On November 26, 2014, the Chinese State Administration for Industry & Commerce issued a new business license for CCT and on November 30, 2014, the Company completed the sale of its 65 percent ownership interest in CCT to Prairie, all in accordance with the previously described Option Agreement between the Company and Chengshan, referred to as the “Sale.” In connection with the Sale, the name of CCT was changed to Prinx Chengshan (Shandong) Tire Company Ltd. Under the terms of the CCT Agreement, the Company received approximately $262,000, in cash, net of taxes and including dividends. The sale of CCT resulted in a gain on sale, net of tax, of $55,704. Subsequent to the Sale, the Company continues to have off-take rights, with CCT agreeing to produce Cooper branded products until mid-2018. The Company evaluated the Sale to determine if it met the discontinued operations criteria in accordance with ASC 205 “Presentation of Financial Statements”. Based upon the Company’s significant continuing involvement in the operations of CCT through the off-take agreements, the Sale is not deemed to meet the discontinued operations criteria. CCT was presented in the Consolidated Financial Statements of the Company through the Sale date. The following table reflects the results of CCT included in the Company’s Condensed Consolidated Statements of Income for the three- and six-month periods ended June 30, 2014: Three Months Six Months 2014 2014 Net Sales External Customers $ 171,653 $ 328,852 Intercompany 33,776 61,091 $ 205,429 $ 389,943 Operating Profit $ 25,279 $ 46,253 Net income attributable to Cooper Tire & Rubber Company $ 12,042 $ 23,043

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share Net income per share is computed on the basis of the weighted average number of common shares outstanding during the period. Diluted earnings per share includes the dilutive effect of stock options and other stock units. The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended Six Months Ended 2014 2015 2014 2015 Numerator Numerator for basic and diluted earnings per share - Net income attributable to common stockholders $ 38,182 $ 59,582 $ 83,616 $ 100,343 Denominator Denominator for basic earnings per share - weighted average shares outstanding 63,537 57,244 63,468 57,658 Effect of dilutive securities - stock options and other stock units 944 534 942 633 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 64,481 57,778 64,410 58,291 Basic earnings per share: Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.60 $ 1.04 $ 1.32 $ 1.74 Diluted earnings per share: Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.59 $ 1.03 $ 1.30 $ 1.72 Options to purchase shares of the Company’s common stock not included in the computation of diluted earnings per share because the options’ exercise prices were greater than the average market price of the common shares were 340,841 in 2014. For 2015, all options to purchase shares of the Company’s common stock were included in the computation of diluted earnings per share as the options’ exercise prices were less than the average market price of the common shares.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	4. Inventories Inventory costs are determined using the last-in, first-out (“LIFO”) method for substantially all U.S. inventories. The current cost of the U.S. inventories under the first-in, first-out (“FIFO”) method was $419,977 and $427,503 at December 31, 2014 and June 30, 2015, respectively. These FIFO values have been reduced by approximately $126,231 and $74,719 at December 31, 2014 and June 30, 2015, respectively, to arrive at the LIFO value reported on the Condensed Consolidated Balance Sheets. The remaining inventories have been valued under the FIFO or average cost methods. All inventories are stated at the lower of cost or market.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements Derivative financial instruments are utilized by the Company to reduce foreign currency exchange risks. The Company has established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities. The Company does not enter into financial instruments for trading or speculative purposes. The derivative financial instruments include fair value and cash flow hedges of foreign currency exposures. The change in values of the fair value foreign currency hedges offsets exchange rate fluctuations on the foreign currency-denominated intercompany loans and obligations. The Company presently hedges exposures in the Euro, Canadian dollar, British pound sterling, Swiss franc, Swedish krona, Norwegian krone, Mexican peso and Chinese yuan generally for transactions expected to occur within the next 12 months. The notional amount of these foreign currency derivative instruments at December 31, 2014 and June 30, 2015 was $170,750 and $139,292, respectively. The counterparties to each of these agreements are major commercial banks. The Company uses foreign currency forward contracts as hedges of the fair value of certain non-U.S. dollar denominated asset and liability positions, primarily accounts receivable and debt. Gains and losses resulting from the impact of currency exchange rate movements on these forward contracts are recognized in the accompanying Condensed Consolidated Statements of Income in the period in which the exchange rates change and offset the foreign currency gains and losses on the underlying exposure being hedged. Foreign currency forward contracts are also used to hedge variable cash flows associated with forecasted sales and purchases denominated in currencies that are not the functional currency of certain entities. The forward contracts have maturities of less than twelve months pursuant to the Company’s policies and hedging practices. These forward contracts meet the criteria for and have been designated as cash flow hedges. Accordingly, the effective portion of the change in fair value of such forward contracts (approximately $5,719 and $3,675 as of December 31, 2014 and June 30, 2015, respectively) are recorded as a separate component of stockholders’ equity in the accompanying Condensed Consolidated Balance Sheets and reclassified into earnings as the hedged transactions occur. The Company assesses hedge ineffectiveness quarterly using the hypothetical derivative method. In doing so, the Company monitors the actual and forecasted foreign currency sales and purchases versus the amounts hedged to identify any hedge ineffectiveness. Any hedge ineffectiveness is recorded as an adjustment in the accompanying Condensed Consolidated Statements of Income in the period in which the ineffectiveness occurs. The Company also performs regression analysis comparing the change in value of the hedging contracts versus the underlying foreign currency sales and purchases, which confirms a high correlation and hedge effectiveness. The derivative instruments are subject to master netting arrangements with the counterparties to the contracts. The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets: Assets/(liabilities) December 31, 2014 June 30, 2015 Designated as hedging instruments: Gross amounts recognized $ 6,483 $ 4,168 Gross amounts offset (504 ) (314 ) Net amounts $ 5,979 $ 3,854 Not designated as hedging instruments: Gross amounts recognized — 1,284 Other current assets $ 5,979 $ 5,138 The following table presents the location and amount of gains and losses on derivative instruments in the Condensed Consolidated Statements of Income: Derivatives Designated as Cash Flow Hedges Amount of Gain (Loss) Amount of Gain (Loss) Amount of Gain (Loss) Three Months Ended June 30, 2014 $ (4,130 ) $ 401 $ (245 ) Three Months Ended June 30, 2015 $ (3,800 ) $ 2,664 $ (289 ) Six Months Ended June 30, 2014 $ (1,689 ) $ 1,300 $ (173 ) Six Months Ended June 30, 2015 $ 4,946 $ 6,990 $ (81 ) Derivatives not Designated as Hedging Instruments Location of Amount of Gain (Loss) Recognized in Income on Derivatives Three Months Ended Six Months Ended June 30, June 30, 2014 2015 2014 2015 Foreign exchange contracts Other income $ 88 $ 1,052 $ (44 ) $ 1,284 The Company has categorized its financial instruments, based on the priority of the inputs to the valuation technique, into the three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the financial instruments fall within the different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities recorded on the Condensed Consolidated Balance Sheets are categorized based on the inputs to the valuation techniques as follows: Level 1. Financial asset and liability values are based on unadjusted quoted prices for an identical asset or liability in an active market that the Company has the ability to access. Level 2. Financial asset and liability values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following: a. Quoted prices for similar assets or liabilities in active markets; b. Quoted prices for identical or similar assets or liabilities in non-active markets; c. Pricing models whose inputs are observable for substantially the full term of the asset or liability; and d. Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability. Level 3. Financial asset and liability values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability. The valuation of foreign exchange forward contracts was determined using widely accepted valuation techniques. This analysis reflected the contractual terms of the derivatives, including the period to maturity, and used observable market-based inputs, including forward points. The Company incorporated credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. Although the Company determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as current credit ratings, to evaluate the likelihood of default by itself and its counterparties. However, as of December 31, 2014 and June 30, 2015, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments were not significant to the overall valuation of its derivatives. As a result, the Company determined that its derivative valuations in their entirety were classified in Level 2 of the fair value hierarchy. The valuation of stock-based liabilities was determined using the Company’s stock price, and as a result, these liabilities are classified in Level 1 of the fair value hierarchy. The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis: December 31, 2014 Total Quoted Prices Significant Significant Foreign Exchange Contracts $ 5,979 $ — $ 5,979 $ — Stock-based Liabilities $ (19,079 ) $ (19,079 ) $ — $ — June 30, 2015 Total Quoted Prices Level (1) Significant Significant Level (3) Foreign Exchange Contracts $ 5,138 $ — $ 5,138 $ — Stock-based Liabilities $ (15,952 ) $ (15,952 ) $ — $ — The following tables present the carrying amounts and fair values for the Company’s financial instruments carried at cost on the Condensed Consolidated Balance Sheets. The fair value of the Company’s debt is based upon the market price of the Company’s publicly-traded debt. The carrying amounts and fair values of the Company’s financial instruments are as follows: December 31, 2014 Fair Value Measurements Using Carrying Quoted Prices Significant Significant Cash and cash equivalents $ 551,652 $ 551,652 $ — $ — Notes receivable 4,546 4,546 — — Restricted cash 653 653 Notes payable (64,551 ) (64,551 ) — — Current portion of long-term debt (2,115 ) (2,115 ) — — Long-term debt (298,931 ) (325,431 ) — — June 30, 2015 Fair Value Measurements Using Carrying Amount Quoted Prices Significant Significant Level (3) Cash and cash equivalents $ 408,057 $ 408,057 $ — $ — Notes receivable 10,658 10,658 — — Restricted cash 660 660 — — Notes payable (15,049 ) (15,049 ) — — Current portion of long-term debt (1,791 ) (1,791 ) — — Long-term debt (297,547 ) (323,047 ) — —

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	6. Income Taxes For the quarter ended June 30, 2015, the Company recorded income tax expense of $34,818 (effective rate of 36.5 percent) compared with $25,786 (effective rate of 36.6 percent) for the comparable period in 2014. For the six-month period ended June 30, 2015, the Company recorded income tax expense of $57,294 (effective rate of 35.8 percent) compared with $48,353 (effective rate of 33.4 percent) for the comparable period in 2014. The 2015 quarter and six-month period income tax expense is calculated using the forecasted multi-jurisdictional annual effective tax rates to determine a blended annual effective tax rate. This rate differ from the U.S. federal statutory rate of 35 percent primarily because of the projected mix of earnings in international jurisdictions with lower tax rates, partially offset by losses in jurisdictions with no tax benefit due to valuation allowances. Income tax expense for the current quarter and six-month period is higher due to increased earnings, primarily in the U.S., as well as decreased losses in jurisdictions with no tax benefit due to valuation allowances, compared with the same periods of the prior year. The Company continues to maintain a valuation allowance pursuant to ASC 740, “Accounting for Income Taxes,” against a portion of its U.S. and non-U.S. deferred tax asset position at June 30, 2015, as it cannot assure the utilization of these assets before they expire. In the U.S., the Company has offset a portion of its deferred tax asset relating primarily to a capital loss carryforward by a valuation allowance of $20,635. The capital loss carryforward in the U.S. is scheduled to expire in the fourth quarter of 2015. In addition, the Company has recorded valuation allowances of $12,925 relating to non-U.S. net operating losses for a total valuation allowance of $33,560. In conjunction with the Company’s ongoing review of its actual results and anticipated future earnings, the Company will continue to reassess the possibility of releasing all or part of the valuation allowances currently in place when they are deemed to be realizable. The Company maintains an ASC 740-10, “Accounting for Uncertainty in Income Taxes,” liability for unrecognized tax benefits for permanent and temporary book/tax differences. At June 30, 2015, the Company’s liability, exclusive of interest, totals approximately $7,932. The Company reduced the amount of unrecognized tax benefits during the quarter, primarily as a result of lapses in statutes. The Company accrued an immaterial amount of interest expense related to these unrecognized tax benefits during the quarter. The Company and its subsidiaries are subject to income tax examination in the U.S. federal jurisdiction and various state and foreign jurisdictions. The Company has effectively settled U.S. federal tax examinations for years before 2011 and state and local examinations for years before 2010, with limited exceptions. Furthermore, the Company’s non-U.S. subsidiaries are no longer subject to income tax examinations in major foreign taxing jurisdictions for years prior to 2008.

Pensions and Postretirement Ben

Pensions and Postretirement Benefits Other than Pensions	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Pensions and Postretirement Benefits Other than Pensions	7. Pensions and Postretirement Benefits Other than Pensions The following tables disclose the amount of net periodic benefit costs for the three and six months ended June 30, 2014 and 2015 for the Company’s defined benefit plans and other postretirement benefits: Pension Benefits - Domestic Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 2,440 $ 2,759 $ 4,880 $ 5,518 Interest cost 10,710 10,051 21,421 20,101 Expected return on plan assets (13,136 ) (13,665 ) (26,271 ) (27,330 ) Amortization of actuarial loss 7,006 9,878 14,011 19,757 Net periodic benefit cost $ 7,020 $ 9,023 $ 14,041 $ 18,046 Pension Benefits - International Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 3 $ 2 $ 6 $ 5 Interest cost 5,009 3,972 9,935 7,902 Expected return on plan assets (5,100 ) (3,112 ) (10,115 ) (6,191 ) Amortization of actuarial loss 2,158 1,809 4,280 3,600 Net periodic benefit cost $ 2,070 $ 2,671 $ 4,106 $ 5,316 Other Postretirement Benefits Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 601 $ 628 $ 1,202 $ 1,256 Interest cost 2,826 2,580 5,652 5,160 Amortization of prior service cost (141 ) (142 ) (283 ) (283 ) Amortization of actuarial loss — — — — Net periodic benefit cost $ 3,286 $ 3,066 $ 6,571 $ 6,133

Product Warranty Liabilities

Product Warranty Liabilities	6 Months Ended
	Jun. 30, 2015
Guarantees [Abstract]
Product Warranty Liabilities	8. Product Warranty Liabilities The Company provides for the estimated cost of product warranties at the time revenue is recognized based primarily on historical return rates, estimates of the eligible tire population and the value of tires to be replaced. The following table summarizes the activity in the Company’s product warranty liabilities: 2014 2015 Reserve at January 1 $ 30,853 $ 14,005 Additions 9,772 4,824 Payments (9,358 ) (6,089 ) Reserve at June 30 $ 31,267 $ 12,740 The CCT portion of the warranty accrual consisted of a January 1, 2014 reserve of $16,807, and additions to the reserve of $4,235 and payments of $4,137 for the six months ended June 30, 2014.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity	9. Stockholders’ Equity The following table reconciles the beginning and end of the period equity accounts attributable to Cooper Tire & Rubber Company and to the noncontrolling shareholder’s interests: Total Equity Total Noncontrolling Total Balance at December 31, 2014 $ 843,792 $ 40,469 $ 884,261 Net income 100,343 2,295 102,638 Other comprehensive income 10,753 (1,652 ) 9,101 Share repurchase program (60,046 ) — (60,046 ) Stock compensation plans 22,711 — 22,711 Cash dividends - $.210 per share (12,050 ) — (12,050 ) Balance at June 30, 2015 $ 905,503 $ 41,112 $ 946,615

Share Repurchase Programs

Share Repurchase Programs	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Share Repurchase Programs	10. Share Repurchase Programs On August 6, 2014, the Board of Directors authorized the repurchase of up to $200,000 of the Company’s outstanding common stock pursuant to an accelerated share repurchase program, and the Company entered into a $200,000 accelerated share repurchase program (the “ASR program”) with J.P. Morgan Chase Bank (the “ASR Counterparty”). The Company paid $200,000 to the ASR Counterparty in August 2014 and received 5,567,154 shares of its common stock, which represented approximately 80 percent of the shares expected to be purchased pursuant to the ASR program, based on the closing price on August 6, 2014. Under the terms of the ASR program, the ASR Counterparty was permitted, in accordance with the applicable requirements of the federal securities laws, to separately trade in the Company’s shares in connection with the hedging activities related to the ASR program and as part of other aspects of the ASR Counterparty’s business. On February 13, 2015, the Company completed the ASR program. Based on the terms of the ASR program, the total number of shares repurchased under the ASR program was based on the volume-weighted average price of the Company’s common stock, less a discount, during the repurchase period, which resulted in the Company receiving an additional 784,694 shares of its common stock from the ASR Counterparty at maturity. As a result, under the ASR program, the Company paid a total of $200,000 to the ASR Counterparty and received a total of 6,351,848 shares (5,567,154 shares initially received, plus 784,694 shares received at maturity) of its common stock, which represents a volume weighted average price, as adjusted pursuant to the terms of the ASR program, of $31.49 over the duration of the ASR program. On February 20, 2015, the Board of Directors authorized a new program to repurchase up to $200,000 of the Company’s common stock through December 31, 2016. This share repurchase program does not obligate the Company to acquire any specific number of shares and may be suspended or discontinued at any time without notice. Under the program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. During the six months ended June 30, 2015, subsequent to the Board of Directors’ February 20, 2015 authorization, the Company repurchased 1,520,688 shares of the Company’s common stock under this program for $60,046, which represents an average price of $39.49 per share. As of June 30, 2015, approximately $139,954 remained of the $200,000 share repurchase program. All repurchases under this program were made using cash resources. Since the share repurchases began in August 2014, the Company to date has repurchased 7,872,536 shares of the Company’s common stock at an average cost of $33.03 per share.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	11. Stock-Based Compensation The Company’s incentive compensation plans allow the Company to grant awards to certain employees in the form of stock options, stock awards, restricted stock units, stock appreciation rights, performance stock units, dividend equivalents and other awards. Compensation related to these awards is determined based on the fair value on the date of grant and is amortized to expense over the vesting period. The Company recognizes compensation expense based on the earlier of the vesting date or the date when the employee becomes eligible to retire without forfeiture of the award. If awards can be settled in cash, these awards are recorded as liabilities and marked to market. The following table discloses the amount of stock-based compensation expense for the three- and six-month periods ended June 30, 2014 and 2015: Three Months Ended June 30 Six Months Ended June 30 2014 2015 2014 2015 Stock options $ 1,075 $ 2,323 $ 2,089 $ 3,378 Restricted stock units 153 1,888 309 3,082 Performance stock units 948 1,887 1,214 2,214 Total stock based compensation $ 2,176 $ 6,098 $ 3,612 $ 8,674 Stock Options In February 2013, employees participating in the 2013-2015 Long-Term Incentive Plan were granted 330,639 stock options which vest one-third each year through February 2016. In February 2014, employees participating in the 2014-2016 Long-Term Incentive Plan were granted 380,064 stock options which vest one-third each year through February 2017. No stock options were granted in the six-month period ended June 30, 2015. The fair value of the options granted was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions: 2014 Risk-free interest rate 2.00 % Dividend yield 1.8 % Expected volatility of the Company’s common stock 0.640 Expected life in years 6.0 The weighted average fair value of options granted in 2014 was $12.26. The following table provides details of the stock option activity for the six months ended June 30, 2015: Number of Outstanding at January 1, 2015 1,765,922 Granted — Exercised (766,813 ) Expired (16,159 ) Canceled (53,632 ) Outstanding at June 30, 2015 929,318 Exercisable 600,959 Restricted Stock Units In February 2015, employees participating in the 2015-2017 Long-Term Incentive Plan were granted 105,102 restricted stock units which vest one-third each year through February 2018. Compensation related to the restricted stock units granted is determined based on the fair value of the Company’s stock on the date of grant and is amortized to expense over the vesting period. The Company recognizes compensation expense based on the earlier of the vesting date or the date when the employee becomes eligible to retire without forfeiture of the award. The weighted average fair value of restricted stock units granted in 2015 was $36.78. The following table provides details of the nonvested restricted stock unit activity for the six months ended June 30, 2015: Number of Nonvested at January 1, 2015 197,838 Granted 108,052 Vested (30,886 ) Canceled (17,998 ) Accrued dividend equivalents 1,485 Nonvested at June 30, 2015 258,491 Performance Stock Units Employees participating in the Company’s Long-Term Incentive Plan for the plan year 2013 – 2015, earn performance stock units and cash. Any units and cash earned during 2013, 2014 and 2015 will vest at December 31, 2015. Employees participating in the Company’s Long-Term Incentive Plan for the plan year 2014 – 2016, earn performance stock units and cash. Any units and cash earned during 2014 and 2015 will vest at December 31, 2016. Employees participating in the Company’s Long-Term Incentive Plan for the plan year 2015 – 2017, earn performance stock units and cash. Any units and cash earned during 2015 will vest at December 31, 2017. The following table provides details of the nonvested performance stock units under the Company’s Long-Term Incentive Plans: Number of Performance stock units outstanding at January 1, 2015 83,515 Granted 117,789 Canceled (7,602 ) Accrued dividend equivalents 537 Performance stock units outstanding at June 30, 2015 194,239 The Company’s restricted stock units and performance stock units are not participating securities. These units will be converted into shares of Company common stock in accordance with the distribution date indicated in the agreements. Restricted stock units earn dividend equivalents from the time of the award until distribution is made in common shares. Performance stock units earn dividend equivalents from the time the units have been earned based upon Company performance metrics, until distribution is made in common shares. Dividend equivalents are only earned subject to vesting of the underlying restricted stock units and performance stock units. Accordingly, such units do not represent participating securities.

Changes in Cumulative Other Com

Changes in Cumulative Other Comprehensive Loss by Component	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Changes in Cumulative Other Comprehensive Loss by Component	12. Changes in Cumulative Other Comprehensive Loss by Component The following table presents the changes in Cumulative Other Comprehensive Loss by Component for the three- and six-month periods ended June 30, 2015. All amounts are presented net of tax. Amounts in parentheses indicate debits. Three Months Ended June 30, 2015 Cumulative Changes in the Unrecognized Plans Total March 31, 2015 $ (2,699 ) $ 7,450 $ (531,729 ) $ (526,978 ) Other comprehensive income (loss) before reclassifications 9,845 (2,308 )(a) (6,257 )(c) 1,280 Amount reclassifed from accumulated other comprehensive income — (1,592 )(b) 7,441 (d) 5,849 Net current-period other comprehensive income 9,845 (3,900 ) 1,184 7,129 June 30, 2015 $ 7,146 $ 3,550 $ (530,545 ) $ (519,849 ) (a) This amount represents $3,800 of unrealized losses on cash flow hedges, net of tax of ($1,492) that were recognized in Other Comprehensive Loss (see Footnote 5 for additional details). (b) This amount represents $2,664 of gains on cash flow hedges, net of tax of $1,072, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 5 for additional details). (c) This amount represents $7,920 of other comprehensive loss, net of tax of $1,663 that was recognized in Other Comprehensive Loss. (d) This amount represents amortization of prior service credit of $142 and amortization of actuarial losses of ($11,687) net of tax of $4,104, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 7 for additional details). Six Months Ended June 30, 2015 Cumulative Changes in the Fair (Losses) Unrecognized Plans Total December 31, 2014 $ 9,059 $ 4,762 $ (544,423 ) $ (530,602 ) Other comprehensive income (loss) before reclassifications (1,913 ) 3,184 (a) (991 )(c) 280 Amount reclassifed from accumulated other comprehensive income — (4,396 )(b) 14,869 (d) 10,473 Net current-period other comprehensive income (1,913 ) (1,212 ) 13,878 10,753 June 30, 2015 $ 7,146 $ 3,550 $ (530,545 ) $ (519,849 ) (a) This amount represents $4,946 of unrealized gains on cash flow hedges, net of tax of $1,762 that were recognized in Other Comprehensive Loss (see Footnote 5 for additional details). (b) This amount represents $6,990 of gains on cash flow hedges, net of tax of $2,594, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 5 for additional details). (c) This amount represents $1,254 of other comprehensive loss, net of tax of $263 that was recognized in Other Comprehensive Loss. (d) This amount represents amortization of prior service credit of $283 and amortization of actuarial losses of ($23,357) net of tax of $8,205, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 7 for additional details).

Comprehensive Income Attributab

Comprehensive Income Attributable to Noncontrolling Shareholders' Interests	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Comprehensive Income Attributable to Noncontrolling Shareholders' Interests	13. Comprehensive Income Attributable to Noncontrolling Shareholders’ Interests The following table provides the details of the comprehensive income attributable to noncontrolling shareholders’ interests: Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Net income attributable to noncontrolling shareholders’ interests $ 6,576 $ 894 $ 12,870 $ 2,295 Other comprehensive income: Currency translation adjustments 207 (552 ) (973 ) (1,652 ) Comprehensive income attributable to noncontrolling shareholders’ interests $ 6,783 $ 342 $ 11,897 $ 643

Contingent Liabilities

Contingent Liabilities	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	14. Contingent Liabilities Product Liability Claims The Company is a defendant in various product liability claims brought in numerous jurisdictions in which individuals seek damages resulting from motor vehicle accidents allegedly caused by defective tires manufactured by the Company. Each of the product liability claims faced by the Company generally involve different types of tires, models and lines, different circumstances surrounding the accident such as different applications, vehicles, speeds, road conditions, weather conditions, driver error, tire repair and maintenance practices, service life conditions, as well as different jurisdictions and different injuries. In addition, in many of the Company’s product liability lawsuits the plaintiff alleges that his or her harm was caused by one or more co-defendants who acted independently of the Company. Accordingly, both the claims asserted and the resolutions of those claims have an enormous amount of variability. The aggregate amount of damages asserted at any point in time is not determinable since often times when claims are filed, the plaintiffs do not specify the amount of damages. Even when there is an amount alleged, at times the amount is wildly inflated and has no rational basis. The fact that the Company is a defendant in product liability lawsuits is not surprising given the current litigation climate, which is largely confined to the United States. However, the fact that the Company is subject to claims does not indicate that there is a quality issue with the Company’s tires. The Company sells approximately 30 to 35 million passenger, light truck, SUV, radial medium truck and motorcycle tires per year in North America. The Company estimates that approximately 300 million Company-produced tires – made up of thousands of different specifications – are still on the road in North America. While tire disablements do occur, it is the Company’s and the tire industry’s experience that the vast majority of tire failures relate to service-related conditions, which are entirely out of the Company’s control – such as failure to maintain proper tire pressure, improper maintenance, road hazard and excessive speed. The Company accrues costs for product liability at the time a loss is probable and the amount of loss can be estimated. The Company believes the probability of loss can be established and the amount of loss can be estimated only after certain minimum information is available, including verification that Company-produced product were involved in the incident giving rise to the claim, the condition of the product purported to be involved in the claim, the nature of the incident giving rise to the claim and the extent of the purported injury or damages. In cases where such information is known, each product liability claim is evaluated based on its specific facts and circumstances. A judgment is then made to determine the requirement for establishment or revision of an accrual for any potential liability. The liability often cannot be determined with precision until the claim is resolved. Pursuant to applicable accounting rules, the Company accrues the minimum liability for each known claim when the estimated outcome is a range of possible loss and no one amount within that range is more likely than another. The Company uses a range of losses because an average cost would not be meaningful since the product liability claims faced by the Company are unique and widely variable, and accordingly, the resolutions of those claims have an enormous amount of variability. The costs have ranged from zero dollars to $33 million in one case with no “average” that is meaningful. No specific accrual is made for individual unasserted claims or for premature claims, asserted claims where the minimum information needed to evaluate the probability of a liability is not yet known. However, an accrual for such claims based, in part, on management’s expectations for future litigation activity and the settled claims history is maintained. Because of the speculative nature of litigation in the U.S., the Company does not believe a meaningful aggregate range of potential loss for asserted and unasserted claims can be determined. The Company’s experience has demonstrated that its estimates have been reasonably accurate and, on average, cases are settled at amounts close to the reserves established. However, it is possible an individual claim from time to time may result in an aberration from the norm and could have a material impact. The Company determines its reserves using the number of incidents expected during a year. During the first six months of 2015, the Company increased its product liability reserve by $31,816. The addition of another year of self-insured incidents accounted for $24,395 of this increase. Settlements and changes in the amount of reserves for cases where sufficient information is known to estimate a liability increased by $7,421. The time frame for the payment of a product liability claim is too variable to be meaningful. From the time a claim is filed to its ultimate disposition depends on the unique nature of the case, how it is resolved – claim dismissed, negotiated settlement, trial verdict or appeals process – and is highly dependent on jurisdiction, specific facts, the plaintiff’s attorney, the court’s docket and other factors. Given that some claims may be resolved in weeks and others may take five years or more, it is impossible to predict with any reasonable reliability the time frame over which the accrued amounts may be paid. The Company paid $13,025 during the second quarter of 2015 to resolve cases and claims and has paid $33,458 through the first six months of 2015. The Company’s product liability reserve balance at December 31, 2014 totaled $178,891 (the current portion of $69,892 is included in Accrued liabilities and the long-term portion is included in Other long-term liabilities on the Condensed Consolidated Balance Sheets), and the balance at June 30, 2015 totaled $177,249 (current portion of $69,724). The product liability expense reported by the Company includes amortization of insurance premium costs, adjustments to settlement reserves and legal costs incurred in defending claims against the Company offset by recoveries of legal fees. Legal costs are expensed as incurred and product liability insurance premiums are amortized over coverage periods. For the three-month periods ended June 30, 2014 and 2015, product liability expenses totaled $22,111 and $21,065, respectively. For the six-month periods ended June 30, 2014 and 2015, product liability expenses totaled $40,812 and $43,537, respectively. Product liability expenses are included in Cost of goods sold in the Condensed Consolidated Statements of Income. Federal Securities Litigation On January 17, 2014, alleged stockholders of the Company filed a putative class-action lawsuit against the Company and certain of its officers in the United States District Court for the District of Delaware relating to the terminated merger agreement with subsidiaries of Apollo Tyres Ltd. That lawsuit, captioned OFI Risk Arbitrages, et al. v. Cooper Tire & Rubber Co., et al., No. 1:14-cv-00068-LPS, generally alleges that the Company and certain officers violated the federal securities laws by issuing allegedly misleading disclosures in connection with the terminated transaction and seeks, among other things, damages. The Company and its officers believe that the allegations against them lack merit and intend to defend the lawsuit vigorously. On July 1, 2015, the court dismissed the plaintiffs’ amended complaint and closed the case. The plaintiffs have filed an appeal of the dismissal order. The Company regularly reviews the probable outcome of such legal proceedings, the expenses expected to be incurred, the availability and limits of the insurance coverage, and accrues for these proceedings at the time a loss is probable and the amount of the loss can be estimated. The outcome of these pending proceedings cannot be predicted with certainty and an estimate of any such loss cannot be made at this time. The Company believes that based upon information currently available, any liabilities that may result from these proceedings are not reasonably likely to have a material adverse effect on the Company’s liquidity, financial condition or results of operations. Stockholder Derivative Litigation On February 24, March 6, and April 17, 2014, purported stockholders of the Company filed derivative actions on behalf of the Company in the U.S. District Court for the Northern District of Ohio and the U.S. District Court for the District of Delaware against certain officers and employees and the then current members of the Company’s board of directors. The lawsuits have been transferred to the U.S. District Court for the District of Delaware and consolidated under the caption Fitzgerald v. Armes, et al., No. 1:14-cv-479 (D. Del.). The Company is named as a nominal defendant in the lawsuits, and the lawsuits seek recovery for the benefit of the Company. The plaintiffs allege that the defendants breached their fiduciary duties to the Company by issuing allegedly misleading disclosures in connection with the terminated merger transaction and that the defendants violated Section 14(a) of the Securities Exchange Act of 1934 by means of the same allegedly misleading disclosures. The plaintiffs also assert claims for waste of corporate assets, unjust enrichment, “gross mismanagement” and “abuse of control.” The complaints seek, among other things, unspecified money damages from the defendants, injunctive relief and an award of attorney’s fees. A purported shareholder of the Company has also submitted a demand to the Company’s board of directors that it cause the Company to bring claims against certain of the Company’s officers and directors for the matters alleged in the shareholder derivative lawsuits; following an investigation, the board of directors determined that the actions requested in the demand were not in the Company’s interests and accordingly rejected the demand. The Company regularly reviews the probable outcome of such legal proceedings, the expenses expected to be incurred, the availability and limits of the insurance coverage, and accrues for such legal proceedings at the time a loss is probable and the amount of the loss can be estimated. These cases do not assert claims against the Company. The outcome of these pending proceedings cannot be predicted with certainty and an estimate of any loss cannot be made at this time. The Company believes that based upon information currently available, any liabilities that may result from these proceedings are not reasonably likely to have a material adverse effect on the Company’s liquidity, financial condition or results of operations. Other Litigation In addition to the proceedings described above, the Company is involved in various other legal proceedings arising in the ordinary course of business. The Company regularly reviews the probable outcome of these proceedings, the expenses expected to be incurred, the availability and limits of the insurance coverage, and accrues for these proceedings at the time a loss is probable and the amount of the loss can be estimated. Although the outcome of these pending proceedings cannot be predicted with certainty and an estimate of any such loss cannot be made, the Company believes that any liabilities that may result from these proceedings are not reasonably likely to have a material adverse effect on the Company’s liquidity, financial condition or results of operations.

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Business Segments	15. Business Segments In the first quarter of 2015, the Company announced the creation of a Chief Operating Officer position with responsibility for Cooper’s worldwide operations throughout North America, Asia, Europe and Latin America. The Company made this organizational change to provide a more cohesive global approach to the Company’s business and to better leverage the Company’s brands, products and manufacturing footprint around the world. As a result of these organizational changes, the Company evaluated its segment reporting under ASC 280, “Segments.” Based on this evaluation, it was determined that the Company has four reportable segments: • North America, composed of the Company’s operations in the United States and Canada; • Latin America, composed of the Company’s operations in Mexico and South America; • Europe; and • Asia. North America and Latin America meet the criteria for aggregation in accordance with ASC 280, as they are similar in their production and distribution processes and exhibit similar economic characteristics. The aggregated North America and Latin America segments are presented as “Americas Tire” in the segment disclosure. The Americas Tire Operations segment manufactures and markets passenger car and light truck tires, primarily for sale in the U.S. replacement market. The segment has a joint venture manufacturing operation in Mexico, Corporacion de Occidente SA de CV (“COOCSA”), which supplies passenger car tires to the U.S., Mexican, Central American and South American markets. The segment also distributes tires for racing, medium truck and motorcycles. The racing and motorcycle tires are manufactured in the Company’s European Operations segment and by others. Subsequent to the Company’s sale of its ownership interest in CCT, the medium truck tires have been sourced through an off-take agreement with CCT. Major distribution channels and customers include independent tire dealers, wholesale distributors, regional and national retail tire chains, and large retail chains that sell tires as well as other automotive products. The segment does not currently sell its products directly to end users, except through three Company-owned retail stores. The segment sells a limited number of tires to original equipment manufacturers. Both the Asia and Europe segments have been determined to be individually immaterial, as they do not meet the quantitative requirements for segment disclosure under ASC 280. In accordance with ASC 280, information about operating segments that are not reportable shall be combined and disclosed in an all other category separate from other reconciling items. As a result, these two segments have been combined in the segment operating results discussion. The results of the combined Asia and Europe segments are presented as “International Tire”. The European operations have affiliated operations in the U.K. and Serbia. The U.K. entity manufactures and markets passenger car, light truck, motorcycle and racing tires and tire retread material for domestic and global markets. The Serbian entity manufactures light vehicle tires primarily for the European markets. The Asian operations have affiliated operations in the People’s Republic of China (“PRC”). In the PRC, Cooper Kunshan Tire manufactures light vehicle tires and, under an agreement with the government of the PRC, these tires were exported to markets outside of the PRC through 2012. Beginning in 2013, tires produced at the facility have also been sold in the Chinese domestic market. The segment also had a joint venture in the PRC, CCT, which manufactured and marketed radial and bias medium truck tires, as well as passenger and light truck tires for domestic and global markets. The Company sold its ownership interest in this joint venture in November 2014, and the Company now procures these tires under off-take agreements through mid-2018. The majority of the tires manufactured by the segments are sold in the replacement market, with a portion also sold to original equipment manufacturers. The presentation of the aggregated Americas Tire segment under the Company’s new organizational structure is consistent with the segment reported as Americas Tire in prior years. Similarly, the International Tire disclosure is consistent with the Company’s previously reported International Tire segment. As a result, the Company has not restated its prior year reportable segments as the composition of reportable segments did not change. The following table details information on the Company’s operating segments. Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Revenues: Americas Tire External customers $ 624,999 $ 658,193 $ 1,168,959 $ 1,240,237 Intercompany 14,235 14,823 33,769 31,293 639,234 673,016 1,202,728 1,271,530 International Tire External customers 263,686 93,588 516,184 174,750 Intercompany 63,134 31,263 120,582 57,203 326,820 124,851 636,766 231,953 Eliminations (77,369 ) (46,086 ) (154,351 ) (88,496 ) Net sales $ 888,685 $ 751,781 $ 1,685,143 $ 1,414,987 Segment profit (loss): Americas Tire $ 64,833 $ 108,566 $ 133,462 $ 198,564 International Tire 26,459 (3,633 ) 49,607 (6,426 ) Unallocated corporate charges (13,063 ) (5,782 ) (24,311 ) (24,668 ) Eliminations (1,640 ) 277 (1,258 ) 2,312 Operating profit 76,589 99,428 157,500 169,782 Interest expense (6,792 ) (6,240 ) (13,910 ) (12,597 ) Interest income 270 514 783 1,075 Other - income 477 1,592 466 1,672 Income before income taxes $ 70,544 $ 95,294 $ 144,839 $ 159,932

Basis of Presentation and Con22

Basis of Presentation and Consolidation (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Pronouncements	Accounting Pronouncements Each change to U.S. GAAP is established by the Financial Accounting Standards Board (“FASB”) in the form of an accounting standards update (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”). The Company considers the applicability and impact of all accounting standards updates. Accounting standards updates not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on the Company’s consolidated financial statements. Accounting Pronouncements – Recently Adopted Discontinued Operations – In April 2014, the FASB issued ASU 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,” which requires that a disposal representing a strategic shift that has or will have a major effect on an entity’s financial results or a business activity classified as held for sale should be reported as discontinued operations. The amendments also expand the disclosure requirements for discontinued operations and add new disclosures for individually significant dispositions that do not qualify as discontinued operations. The standard is effective for the annual and interim periods beginning after December 15, 2014. Accordingly, the Company has formally adopted the new standard; however, the adoption did not have an impact on the Company’s consolidated financial statements. Accounting Pronouncements – To be adopted Revenue Recognition – In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which will supersede most current revenue recognition guidance, including industry-specific guidance. The core principle is that an entity will recognize revenue to depict the transfer of goods or services to customers in an amount that the entity expects to be entitled to in exchange for those goods or services. The standard provides a five-step model to determine when and how revenue is recognized. Other major provisions include capitalization of certain contract costs, consideration of time value of money in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The standard also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The standard was proposed to be effective for annual and interim periods beginning after December 15, 2016. On July 9, 2015, the FASB voted to defer the effective date by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date of December 15, 2016. The standard permits the use of either a retrospective or cumulative effect transition method. The Company has not yet selected a transition method and is currently evaluating the impact the new standard will have on its consolidated financial statements and related disclosures. Stock-Based Compensation – In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period,” which requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which the requisite service has already been rendered. The standard is effective for the annual and interim periods beginning after December 15, 2015 and can be applied either prospectively or retrospectively to all awards outstanding as of the beginning of the earliest annual period presented as an adjustment to opening retained earnings. Early adoption is permitted. The adoption of this standard will not have a material impact on the Company’s consolidated financial statements. Consolidation – In February 2015, the FASB issued ASU 2015-02, “Amendments to the Consolidation Analysis,” which modifies the existing consolidation model, particularly for those entities with a variable interest in other legal entities. The standard is effective for the annual and interim periods beginning after December 15, 2015 and can be applied using either a retrospective or modified retrospective approach. Early adoption is permitted. The adoption of this standard will not have a material impact on the Company’s consolidated financial statements. Debt Issuance Costs – In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the debt liability rather than as an asset. Application of the standard, which is required to be applied retrospectively, is required for the annual and interim periods beginning after December 15, 2015. The adoption of this standard will result in a reclassification of debt issuance costs associated with the Company’s long-term debt from other assets to long-term debt in the Company’s Condensed Consolidated Balance Sheets. Intangibles – In April 2015, the FASB issued ASU 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement,” which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company is evaluating the impact, if any, of adopting this new accounting standard on its financial statements. Fair Value Measurements – In May 2015, the FASB issued ASU 2015-07, “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent),” which removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendment also limits disclosure to investments for which the practical expedient has been elected instead of all investments eligible for the practical expedient. Application of the standard, which must be applied retrospectively, is required for the annual and interim periods beginning after December 15, 2015. The Company is currently evaluating the impact the new standard will have on the footnote disclosures to its consolidated financial statements.

CCT Agreements (Tables)

CCT Agreements (Tables)	6 Months Ended
	Jun. 30, 2015
CCT Agreement [Member]
Summary of Effect of Sale	The following table reflects the results of CCT included in the Company’s Condensed Consolidated Statements of Income for the three- and six-month periods ended June 30, 2014: Three Months Six Months 2014 2014 Net Sales External Customers $ 171,653 $ 328,852 Intercompany 33,776 61,091 $ 205,429 $ 389,943 Operating Profit $ 25,279 $ 46,253 Net income attributable to Cooper Tire & Rubber Company $ 12,042 $ 23,043

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended Six Months Ended 2014 2015 2014 2015 Numerator Numerator for basic and diluted earnings per share - Net income attributable to common stockholders $ 38,182 $ 59,582 $ 83,616 $ 100,343 Denominator Denominator for basic earnings per share - weighted average shares outstanding 63,537 57,244 63,468 57,658 Effect of dilutive securities - stock options and other stock units 944 534 942 633 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 64,481 57,778 64,410 58,291 Basic earnings per share: Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.60 $ 1.04 $ 1.32 $ 1.74 Diluted earnings per share: Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.59 $ 1.03 $ 1.30 $ 1.72

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Gross Position of Derivative Contracts in Consolidated Balance Sheets	The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets: Assets/(liabilities) December 31, 2014 June 30, 2015 Designated as hedging instruments: Gross amounts recognized $ 6,483 $ 4,168 Gross amounts offset (504 ) (314 ) Net amounts $ 5,979 $ 3,854 Not designated as hedging instruments: Gross amounts recognized — 1,284 Other current assets $ 5,979 $ 5,138
Gains and Losses on Derivative Instruments in Condensed Consolidated Statement of Operations	The following table presents the location and amount of gains and losses on derivative instruments in the Condensed Consolidated Statements of Income: Derivatives Designated as Cash Flow Hedges Amount of Gain (Loss) Amount of Gain (Loss) Amount of Gain (Loss) Three Months Ended June 30, 2014 $ (4,130 ) $ 401 $ (245 ) Three Months Ended June 30, 2015 $ (3,800 ) $ 2,664 $ (289 ) Six Months Ended June 30, 2014 $ (1,689 ) $ 1,300 $ (173 ) Six Months Ended June 30, 2015 $ 4,946 $ 6,990 $ (81 ) Derivatives not Designated as Hedging Instruments Location of Amount of Gain (Loss) Recognized in Income on Derivatives Three Months Ended Six Months Ended June 30, June 30, 2014 2015 2014 2015 Foreign exchange contracts Other income $ 88 $ 1,052 $ (44 ) $ 1,284
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis: December 31, 2014 Total Quoted Prices Significant Significant Foreign Exchange Contracts $ 5,979 $ — $ 5,979 $ — Stock-based Liabilities $ (19,079 ) $ (19,079 ) $ — $ — June 30, 2015 Total Quoted Prices Level (1) Significant Significant Level (3) Foreign Exchange Contracts $ 5,138 $ — $ 5,138 $ — Stock-based Liabilities $ (15,952 ) $ (15,952 ) $ — $ —
Carrying Amounts and Fair Values of Financial Instruments	The carrying amounts and fair values of the Company’s financial instruments are as follows: December 31, 2014 Fair Value Measurements Using Carrying Quoted Prices Significant Significant Cash and cash equivalents $ 551,652 $ 551,652 $ — $ — Notes receivable 4,546 4,546 — — Restricted cash 653 653 Notes payable (64,551 ) (64,551 ) — — Current portion of long-term debt (2,115 ) (2,115 ) — — Long-term debt (298,931 ) (325,431 ) — — June 30, 2015 Fair Value Measurements Using Carrying Amount Quoted Prices Significant Significant Level (3) Cash and cash equivalents $ 408,057 $ 408,057 $ — $ — Notes receivable 10,658 10,658 — — Restricted cash 660 660 — — Notes payable (15,049 ) (15,049 ) — — Current portion of long-term debt (1,791 ) (1,791 ) — — Long-term debt (297,547 ) (323,047 ) — —

Pensions and Postretirement B26

Pensions and Postretirement Benefits Other than Pensions (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Costs	The following tables disclose the amount of net periodic benefit costs for the three and six months ended June 30, 2014 and 2015 for the Company’s defined benefit plans and other postretirement benefits: Pension Benefits - Domestic Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 2,440 $ 2,759 $ 4,880 $ 5,518 Interest cost 10,710 10,051 21,421 20,101 Expected return on plan assets (13,136 ) (13,665 ) (26,271 ) (27,330 ) Amortization of actuarial loss 7,006 9,878 14,011 19,757 Net periodic benefit cost $ 7,020 $ 9,023 $ 14,041 $ 18,046 Pension Benefits - International Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 3 $ 2 $ 6 $ 5 Interest cost 5,009 3,972 9,935 7,902 Expected return on plan assets (5,100 ) (3,112 ) (10,115 ) (6,191 ) Amortization of actuarial loss 2,158 1,809 4,280 3,600 Net periodic benefit cost $ 2,070 $ 2,671 $ 4,106 $ 5,316 Other Postretirement Benefits Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Components of net periodic benefit cost: Service cost $ 601 $ 628 $ 1,202 $ 1,256 Interest cost 2,826 2,580 5,652 5,160 Amortization of prior service cost (141 ) (142 ) (283 ) (283 ) Amortization of actuarial loss — — — — Net periodic benefit cost $ 3,286 $ 3,066 $ 6,571 $ 6,133

Product Warranty Liabilities (T

Product Warranty Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Guarantees [Abstract]
Summary of Activity in Product Warranty Liabilities	the eligible tire population and the value of tires to be replaced. The following table summarizes the activity in the Company’s product warranty liabilities: 2014 2015 Reserve at January 1 $ 30,853 $ 14,005 Additions 9,772 4,824 Payments (9,358 ) (6,089 ) Reserve at June 30 $ 31,267 $ 12,740

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Reconciliation of Beginning and End of Period Equity Accounts	The following table reconciles the beginning and end of the period equity accounts attributable to Cooper Tire & Rubber Company and to the noncontrolling shareholder’s interests: Total Equity Total Noncontrolling Total Balance at December 31, 2014 $ 843,792 $ 40,469 $ 884,261 Net income 100,343 2,295 102,638 Other comprehensive income 10,753 (1,652 ) 9,101 Share repurchase program (60,046 ) — (60,046 ) Stock compensation plans 22,711 — 22,711 Cash dividends - $.210 per share (12,050 ) — (12,050 ) Balance at June 30, 2015 $ 905,503 $ 41,112 $ 946,615

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Compensation Expense	The following table discloses the amount of stock-based compensation expense for the three- and six-month periods ended June 30, 2014 and 2015: Three Months Ended June 30 Six Months Ended June 30 2014 2015 2014 2015 Stock options $ 1,075 $ 2,323 $ 2,089 $ 3,378 Restricted stock units 153 1,888 309 3,082 Performance stock units 948 1,887 1,214 2,214 Total stock based compensation $ 2,176 $ 6,098 $ 3,612 $ 8,674
Weighted-Average Assumptions	The fair value of the options granted was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions: 2014 Risk-free interest rate 2.00 % Dividend yield 1.8 % Expected volatility of the Company’s common stock 0.640 Expected life in years 6.0
Details of Stock Options Activity	The following table provides details of the stock option activity for the six months ended June 30, 2015: Number of Outstanding at January 1, 2015 1,765,922 Granted — Exercised (766,813 ) Expired (16,159 ) Canceled (53,632 ) Outstanding at June 30, 2015 929,318 Exercisable 600,959
Details of Nonvested Restricted Stock Units Activity	The following table provides details of the nonvested restricted stock unit activity for the six months ended June 30, 2015: Number of Nonvested at January 1, 2015 197,838 Granted 108,052 Vested (30,886 ) Canceled (17,998 ) Accrued dividend equivalents 1,485 Nonvested at June 30, 2015 258,491
Performance Based Units Earned under Long-Term Incentive Plan	The following table provides details of the nonvested performance stock units under the Company’s Long-Term Incentive Plans: Number of Performance stock units outstanding at January 1, 2015 83,515 Granted 117,789 Canceled (7,602 ) Accrued dividend equivalents 537 Performance stock units outstanding at June 30, 2015 194,239

Changes in Cumulative Other C30

Changes in Cumulative Other Comprehensive Loss by Component (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Changes in Cumulative Other Comprehensive Loss by Component	The following table presents the changes in Cumulative Other Comprehensive Loss by Component for the three- and six-month periods ended June 30, 2015. All amounts are presented net of tax. Amounts in parentheses indicate debits. Three Months Ended June 30, 2015 Cumulative Changes in the Unrecognized Plans Total March 31, 2015 $ (2,699 ) $ 7,450 $ (531,729 ) $ (526,978 ) Other comprehensive income (loss) before reclassifications 9,845 (2,308 )(a) (6,257 )(c) 1,280 Amount reclassifed from accumulated other comprehensive income — (1,592 )(b) 7,441 (d) 5,849 Net current-period other comprehensive income 9,845 (3,900 ) 1,184 7,129 June 30, 2015 $ 7,146 $ 3,550 $ (530,545 ) $ (519,849 ) (a) This amount represents $3,800 of unrealized losses on cash flow hedges, net of tax of ($1,492) that were recognized in Other Comprehensive Loss (see Footnote 5 for additional details). (b) This amount represents $2,664 of gains on cash flow hedges, net of tax of $1,072, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 5 for additional details). (c) This amount represents $7,920 of other comprehensive loss, net of tax of $1,663 that was recognized in Other Comprehensive Loss. (d) This amount represents amortization of prior service credit of $142 and amortization of actuarial losses of ($11,687) net of tax of $4,104, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 7 for additional details). Six Months Ended June 30, 2015 Cumulative Changes in the Fair (Losses) Unrecognized Plans Total December 31, 2014 $ 9,059 $ 4,762 $ (544,423 ) $ (530,602 ) Other comprehensive income (loss) before reclassifications (1,913 ) 3,184 (a) (991 )(c) 280 Amount reclassifed from accumulated other comprehensive income — (4,396 )(b) 14,869 (d) 10,473 Net current-period other comprehensive income (1,913 ) (1,212 ) 13,878 10,753 June 30, 2015 $ 7,146 $ 3,550 $ (530,545 ) $ (519,849 ) (a) This amount represents $4,946 of unrealized gains on cash flow hedges, net of tax of $1,762 that were recognized in Other Comprehensive Loss (see Footnote 5 for additional details). (b) This amount represents $6,990 of gains on cash flow hedges, net of tax of $2,594, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 5 for additional details). (c) This amount represents $1,254 of other comprehensive loss, net of tax of $263 that was recognized in Other Comprehensive Loss. (d) This amount represents amortization of prior service credit of $283 and amortization of actuarial losses of ($23,357) net of tax of $8,205, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 7 for additional details).

Comprehensive Income Attribut31

Comprehensive Income Attributable to Noncontrolling Shareholders' Interests (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Comprehensive Income Attributable to Noncontrolling Shareholders' Interests	The following table provides the details of the comprehensive income attributable to noncontrolling shareholders’ interests: Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Net income attributable to noncontrolling shareholders’ interests $ 6,576 $ 894 $ 12,870 $ 2,295 Other comprehensive income: Currency translation adjustments 207 (552 ) (973 ) (1,652 ) Comprehensive income attributable to noncontrolling shareholders’ interests $ 6,783 $ 342 $ 11,897 $ 643

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Information on Operating Segments	The following table details information on the Company’s operating segments. Three Months Ended June 30, Six Months Ended June 30, 2014 2015 2014 2015 Revenues: Americas Tire External customers $ 624,999 $ 658,193 $ 1,168,959 $ 1,240,237 Intercompany 14,235 14,823 33,769 31,293 639,234 673,016 1,202,728 1,271,530 International Tire External customers 263,686 93,588 516,184 174,750 Intercompany 63,134 31,263 120,582 57,203 326,820 124,851 636,766 231,953 Eliminations (77,369 ) (46,086 ) (154,351 ) (88,496 ) Net sales $ 888,685 $ 751,781 $ 1,685,143 $ 1,414,987 Segment profit (loss): Americas Tire $ 64,833 $ 108,566 $ 133,462 $ 198,564 International Tire 26,459 (3,633 ) 49,607 (6,426 ) Unallocated corporate charges (13,063 ) (5,782 ) (24,311 ) (24,668 ) Eliminations (1,640 ) 277 (1,258 ) 2,312 Operating profit 76,589 99,428 157,500 169,782 Interest expense (6,792 ) (6,240 ) (13,910 ) (12,597 ) Interest income 270 514 783 1,075 Other - income 477 1,592 466 1,672 Income before income taxes $ 70,544 $ 95,294 $ 144,839 $ 159,932

Basis of Presentation and Con33

Basis of Presentation and Consolidation - Additional Information (Detail) - Jun. 30, 2015 - USD ($)	Total	Total
Consolidation And Basis Of Presentation [Line Items]
Line of Credit Facility, Terminated		$ 200,000,000
Revolving Credit Facility [Member]
Consolidation And Basis Of Presentation [Line Items]
Revolving credit facility, borrowing capacity	$ 400,000,000	400,000,000
Revolving credit facility, maximum additional borrowing capacity	100,000,000	100,000,000
Accounts Receivable Securitization Facility [Member]
Consolidation And Basis Of Presentation [Line Items]
Accounts Receivable Securitization Facility, borrowing capacity	175,000,000
Accounts Receivable Securitization Facility [Member] | Previously Reported [Member]
Consolidation And Basis Of Presentation [Line Items]
Accounts Receivable Securitization Facility, borrowing capacity	150,000,000
Letter of Credit [Member] | Revolving Credit Facility [Member]
Consolidation And Basis Of Presentation [Line Items]
Revolving credit facility, borrowing capacity	$ 110,000,000	$ 110,000,000

CCT Agreements - Additional Inf

CCT Agreements - Additional Information (Detail) - USD ($)	Nov. 30, 2014	Sep. 30, 2014	Aug. 24, 2014	Dec. 31, 2014
Merger Related Items [Line Items]
Number of days for noncontrolling shareholder option price determined			45 days
CCT Agreement [Member]
Merger Related Items [Line Items]
Equity interest sale option price percentage	65.00%
Minimum value of joint venture	$ 435,000,000	$ 435,000,000
Noncontrolling interest's equity ownership percentage		35.00%
Increase in shareholders interest				$ 28,285,000
Adjustment to the noncontrolling shareholders interest liability		$ 0		$ 152,250,000
Valuation amount			$ 437,700,000
Redemption value of redeemable noncontrolling shareholder interest		153,206,000
Carrying value of redeemable noncontrolling shareholder interest		$ 168,435,000
Proceeds from sale of ownership interest	262,000,000
Gain on sale of ownership interest net of tax	$ 55,704,000
Chengshan Group Company Ltd [Member] | CCT Agreement [Member]
Merger Related Items [Line Items]
Purchase of equity interest	65.00%
Equity interest sale option price percentage	35.00%
Company's equity ownership percentage	65.00%
Noncontrolling interest's equity ownership percentage	35.00%

CCT Agreements - Summary of Eff

CCT Agreements - Summary of Effect of Sale (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Sales
Net sales	$ 751,781	$ 888,685	$ 1,414,987	$ 1,685,143
Operating Profit	99,428	76,589	169,782	157,500
Net income attributable to Cooper Tire & Rubber Company	59,582	38,182	100,343	83,616
Intercompany [Member]
Net Sales
Operating Profit	$ 277	(1,640)	$ 2,312	(1,258)
CCT Agreement [Member]
Net Sales
Net sales		205,429		389,943
Operating Profit		25,279		46,253
Net income attributable to Cooper Tire & Rubber Company		12,042		23,043
CCT Agreement [Member] | External Customers [Member]
Net Sales
Net sales		171,653		328,852
CCT Agreement [Member] | Intercompany [Member]
Net Sales
Net sales		$ (33,776)		$ (61,091)

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator
Numerator for basic and diluted earnings per share - Net income attributable to common stockholders	$ 59,582	$ 38,182	$ 100,343	$ 83,616
Denominator
Denominator for basic earnings per share - weighted average shares outstanding	57,244	63,537	57,658	63,468
Effect of dilutive securities - stock options and other stock units	534	944	633	942
Denominator for diluted earnings per share - adjusted weighted average shares outstanding	57,778	64,481	58,291	64,410
Basic earnings per share:
Net income attributable to Cooper Tire & Rubber Company common stockholders	$ 1.04	$ 0.60	$ 1.74	$ 1.32
Diluted earnings per share:
Net income attributable to Cooper Tire & Rubber Company common stockholders	$ 1.03	$ 0.59	$ 1.72	$ 1.30

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2014shares
Earnings Per Share [Abstract]
Common stock not included in the computation of diluted share	340,841

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Current cost of inventory under FIFO	$ 427,503	$ 419,977
Inventory, LIFO reserve	$ 74,719	$ 126,231

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Effective portion of change in fair value of foreign currency forward contracts	$ 3,675,000	$ 5,719,000
Maximum [Member]
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Maturities of forward contracts	12 months
Foreign Exchange Contracts [Member]
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Notional amount of the foreign currency derivative instruments	$ 139,292,000	$ 170,750,000

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Gross Position of Derivative Contracts in Consolidated Balance Sheets (Detail) - Other Current Assets [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Derivatives Assets/ (liabilities) as hedging instruments	$ 5,138	$ 5,979
Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivatives Assets/ (liabilities) as hedging instruments	3,854	5,979
Designated as Hedging Instruments [Member] | Gross Amounts Recognized [Member]
Derivatives, Fair Value [Line Items]
Derivatives Assets/ (liabilities) as hedging instruments	4,168	6,483
Designated as Hedging Instruments [Member] | Gross Amounts Offset [Member]
Derivatives, Fair Value [Line Items]
Derivatives Assets/ (liabilities) as hedging instruments	(314)	$ (504)
Not Designated as Hedging Instruments [Member] | Gross Amounts Recognized [Member]
Derivatives, Fair Value [Line Items]
Derivatives Assets/ (liabilities) as hedging instruments	$ 1,284

Fair Value Measurements - Gains

Fair Value Measurements - Gains and Losses on Derivative Instruments in Condensed Consolidated Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivatives Designated as Cash Flow Hedges [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion)	$ (3,800)	$ (4,130)	$ 4,946	$ (1,689)
Amount of Gain (Loss) Reclassified from Cumulative Other Comprehensive Loss into Income (Effective Portion)	2,664	401	6,990	1,300
Amount of Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion)	(289)	(245)	(81)	(173)
Not Designated as Hedging Instruments [Member] | Other Income [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ 1,052	$ 88	$ 1,284	$ (44)

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Foreign Exchange Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Derivative Assets (Liabilities)	$ 5,138	$ 5,979
Stock Based Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Derivative Assets (Liabilities)	(15,952)	(19,079)
Quoted Prices in Active Markets for Identical Assets Level (1) [Member] | Stock Based Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Derivative Assets (Liabilities)	(15,952)	(19,079)
Significant Other Observable Inputs Level (2) [Member] | Foreign Exchange Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Derivative Assets (Liabilities)	$ 5,138	$ 5,979

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Carrying Value	$ 408,057	$ 551,652	$ 326,636	$ 397,731
Notes receivable, Carrying Value	10,658	4,546
Restricted cash, Carrying Value	660	653
Notes payable, Carrying Value	(15,049)	(64,551)
Current portion of long-term debt, Carrying Value	(1,791)	(2,115)
Long-term debt, Carrying Value	(297,547)	(298,931)
Quoted Prices in Active Markets for Identical Assets Level (1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Fair Value	408,057	551,652
Notes receivable, Fair Value Disclosure	10,658	4,546
Restricted cash, Carrying Value	660	653
Notes payable, Fair Value Disclosure	(15,049)	(64,551)
Current portion of long-term debt, Fair Value	(1,791)	(2,115)
Long-term debt, Fair Value	$ (323,047)	$ (325,431)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Line Items]
Income tax expense	$ 34,818	$ 25,786	$ 57,294	$ 48,353
Effective tax rate for income tax expense	36.50%	36.60%	35.80%	33.40%
U.S. federal statutory rate			35.00%
Valuation allowance amount	$ 33,560		$ 33,560
Liability for uncertain tax positions noncurrent	7,932		7,932
U.S. [Member]
Income Tax Disclosure [Line Items]
Valuation allowance amount	20,635		20,635
Foreign [Member]
Income Tax Disclosure [Line Items]
Valuation allowance amount	$ 12,925		$ 12,925

Pensions and Postretirement B45

Pensions and Postretirement Benefits Other than Pensions - Components of Net Periodic Benefit Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Amortization of actuarial loss	$ (11,687)		$ (23,357)
Pension Benefits - Domestic [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	2,759	$ 2,440	5,518	$ 4,880
Interest cost	10,051	10,710	20,101	21,421
Expected return on plan assets	(13,665)	(13,136)	(27,330)	(26,271)
Amortization of actuarial loss	9,878	7,006	19,757	14,011
Net periodic benefit cost	9,023	7,020	18,046	14,041
Pension Benefits - International [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	2	3	5	6
Interest cost	3,972	5,009	7,902	9,935
Expected return on plan assets	(3,112)	(5,100)	(6,191)	(10,115)
Amortization of actuarial loss	1,809	2,158	3,600	4,280
Net periodic benefit cost	2,671	2,070	5,316	4,106
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	628	601	1,256	1,202
Interest cost	2,580	2,826	5,160	5,652
Amortization of prior service cost	(142)	(141)	(283)	(283)
Net periodic benefit cost	$ 3,066	$ 3,286	$ 6,133	$ 6,571

Product Warranty Liabilities -

Product Warranty Liabilities - Summary of Activity in Product Warranty Liabilities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Product Warranties Disclosures [Abstract]
Reserve at January 1	$ 14,005	$ 30,853
Additions	4,824	9,772
Payments	(6,089)	(9,358)
Reserve at June 30	$ 12,740	$ 31,267

Product Warranty Liabilities 47

Product Warranty Liabilities - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jan. 01, 2014	Dec. 31, 2013
Product Warranty Liability [Line Items]
Product warranty accrual reserve	$ 12,740	$ 31,267	$ 14,005		$ 30,853
Additions to product warranty accrual reserve	4,824	9,772
Product warranty accrual payments	$ 6,089	9,358
CCT Agreement [Member]
Product Warranty Liability [Line Items]
Product warranty accrual reserve				$ 16,807
Additions to product warranty accrual reserve		4,235
Product warranty accrual payments		$ 4,137

Stockholders' Equity - Reconcil

Stockholders' Equity - Reconciliation of Beginning and End of Period Equity Accounts (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule Of Stockholders Equity [Line Items]
Beginning Balance			$ 843,792
Beginning Balance			884,261
Beginning Balance			40,469
Net income	$ 59,582	$ 38,182	100,343	$ 83,616
Net income	60,476	44,758	102,638	96,486
Net income	(894)	(6,576)	(2,295)	(12,870)
Other comprehensive income	6,577	$ 5,126	9,101	$ 7,478
Share repurchase program			(60,046)
Stock compensation plans			22,711
Cash dividends - $.210 per share			(12,050)
Ending Balance	905,503		905,503
Ending Balance	946,615		946,615
Ending Balance	41,112		41,112
Total Parent Stockholders' Equity [Member]
Schedule Of Stockholders Equity [Line Items]
Beginning Balance			843,792
Net income			100,343
Other comprehensive income			10,753
Share repurchase program			(60,046)
Stock compensation plans			22,711
Cash dividends - $.210 per share			(12,050)
Ending Balance	905,503		905,503
Noncontrolling Shareholders' Interests in Consolidated Subsidiaries [Member]
Schedule Of Stockholders Equity [Line Items]
Beginning Balance			40,469
Net income			2,295
Other comprehensive income			(1,652)
Ending Balance	$ 41,112		$ 41,112

Stockholders' Equity - Reconc49

Stockholders' Equity - Reconciliation of Beginning and End of Period Equity Accounts (Parenthetical) (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Equity [Abstract]
Cash dividends per share	$ 0.105	$ 0.105	$ 0.210	$ 0.210

Share Repurchase Programs - Add

Share Repurchase Programs - Additional Information (Detail) - USD ($)	Feb. 13, 2015	Aug. 06, 2014	Aug. 31, 2014	Jun. 30, 2015	Feb. 28, 2015	Jun. 30, 2015	Feb. 20, 2015
Equity, Class of Treasury Stock [Line Items]
Share repurchase, amount authorized				$ 200,000,000		$ 200,000,000
Common stock repurchased, shares				1,520,688		7,872,536
Amount paid to counter party under share repurchase program				$ 60,046,000
Share repurchase, weighted average price						$ 33.03
Common stock repurchased, value				60,046,000
Share repurchase, remaining amount authorized				$ 139,954,000		$ 139,954,000
ASR Program [Member]
Equity, Class of Treasury Stock [Line Items]
Percentage of common shares initially delivered under share repurchase program		80.00%
Amount paid to counter party under share repurchase program		$ 200,000,000
Share repurchase, weighted average price				$ 31.49
ASR Program [Member] | Maximum [Member]
Equity, Class of Treasury Stock [Line Items]
Share repurchase, amount authorized		200,000,000
ASR Program [Member] | JP Morgan Securities LLC [Member]
Equity, Class of Treasury Stock [Line Items]
Share repurchase, amount authorized		$ 200,000,000
Common stock repurchased, shares	784,694		5,567,154		6,351,848
New Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Share repurchase, amount authorized							$ 200,000,000
Share repurchase, weighted average price				$ 39.49
Common stock repurchased, value				$ 60,046,000

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock based compensation	$ 6,098	$ 2,176	$ 8,674	$ 3,612
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock based compensation	2,323	1,075	3,378	2,089
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock based compensation	1,888	153	3,082	309
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock based compensation	$ 1,887	$ 948	$ 2,214	$ 1,214

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - $ / shares	1 Months Ended			6 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2013	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option long term incentive plan granted vesting portion per year				One-third each year
Performance stock units granted				0
Stock options, granted				0
Long-Term Incentive Plan 2013- 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock units granted			330,639
Long Term Incentive Plan 2014-2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock units granted		380,064
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of option granted					$ 12.26
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of RSU's granted				108,052
Restricted Stock Units (RSUs) [Member] | Long Term Incentive Plan 2015-2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of RSU's granted	105,102
Weighted average fair value of RSU's granted				$ 36.78

Stock-Based Compensation - Weig

Stock-Based Compensation - Weighted-Average Assumptions (Detail) - 6 months ended Jun. 30, 2014	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	2.00%
Dividend yield	1.80%
Expected volatility of the Company's common stock	0.64%
Expected life in years	6 years

Stock-Based Compensation - Deta

Stock-Based Compensation - Details of Stock Options Activity (Detail)	6 Months Ended
	Jun. 30, 2015shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, Beginning Balance	1,765,922
Number of Shares, Granted	0
Number of Shares, Exercised	(766,813)
Number of Shares, Expired	(16,159)
Number of Shares, Canceled	(53,632)
Outstanding, Ending Balance	929,318
Exercisable, Ending Balance	600,959

Stock-Based Compensation - De55

Stock-Based Compensation - Details of Nonvested Restricted Stock Units Activity (Detail) - Restricted Stock Units (RSUs) [Member]	6 Months Ended
	Jun. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Units Outstanding, Beginning Balance	197,838
Number of Stock Units, Granted	108,052
Number of Stock Units, Vested	(30,886)
Number of Stock Units, Canceled	(17,998)
Number of Stock Units, Accrued dividend equivalents	1,485
Number of Stock Units Outstanding, Ending Balance	258,491

Stock-Based Compensation - Perf

Stock-Based Compensation - Performance Based Units Earned under Long-Term Incentive Plan (Detail) - Performance Stock Units [Member]	6 Months Ended
	Jun. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Units Outstanding, Beginning Balance	83,515
Number of Stock Units, Granted	117,789
Number of Stock Units, Canceled	(7,602)
Number of Stock Units, Accrued dividend equivalents	537
Number of Stock Units Outstanding, Ending Balance	194,239

Changes in Cumulative Other C57

Changes in Cumulative Other Comprehensive Loss by Component - Changes in Cumulative Other Comprehensive Loss by Component (Detail) - Jun. 30, 2015 - USD ($) $ in Thousands	Total	Total
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		$ (530,602)
Ending balance	$ (519,849)	(519,849)
Cumulative Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(2,699)	9,059
Other comprehensive income (loss) before reclassifications	9,845	(1,913)
Net current-period other comprehensive income	9,845	(1,913)
Ending balance	7,146	7,146
Changes in the Fair Value of Derivatives and Unrealized Gains (Losses) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	7,450	4,762
Other comprehensive income (loss) before reclassifications	(2,308)	3,184
Amount reclassified from accumulated other comprehensive loss	(1,592)	(4,396)
Net current-period other comprehensive income	(3,900)	(1,212)
Ending balance	3,550	3,550
Unrecognized Postretirement Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(531,729)	(544,423)
Other comprehensive income (loss) before reclassifications	(6,257)	(991)
Amount reclassified from accumulated other comprehensive loss	7,441	14,869
Net current-period other comprehensive income	1,184	13,878
Ending balance	(530,545)	(530,545)
Cumulative Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(526,978)	(530,602)
Other comprehensive income (loss) before reclassifications	1,280	280
Amount reclassified from accumulated other comprehensive loss	5,849	10,473
Net current-period other comprehensive income	7,129	10,753
Ending balance	$ (519,849)	$ (519,849)

Changes in Cumulative Other C58

Changes in Cumulative Other Comprehensive Loss by Component - Changes in Cumulative Other Comprehensive Loss by Component (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amount of gain recognized in other comprehensive loss, tax portion	$ (2,564)	$ (1,699)	$ (832)	$ (1,086)
Amount of gain reclassified from Cumulative Other Comprehensive Loss	2,664		6,990
Income tax benefit (expense) on derivative instruments	1,072		2,594
Other comprehensive income, pre-tax	7,920		1,254
Other comprehensive loss, tax	1,663		263
Amortization of prior service credit	142	141	283	283
Amortization of actuarial loss	(11,687)		(23,357)
Income tax provision on postretirement benefit plans	4,104		8,205
Derivatives Designated as Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion)	(3,800)	$ (4,130)	4,946	$ (1,689)
Amount of gain recognized in other comprehensive loss, tax portion	$ (1,492)		$ 1,762

Comprehensive Income Attribut59

Comprehensive Income Attributable to Noncontrolling Shareholders' Interests - Comprehensive Income Attributable to Noncontrolling Shareholders' Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Net income attributable to noncontrolling shareholders' interests	$ 894	$ 6,576	$ 2,295	$ 12,870
Other comprehensive income:
Currency translation adjustments	(552)	207	(1,652)	(973)
Comprehensive income attributable to noncontrolling shareholders' interests	$ 342	$ 6,783	$ 643	$ 11,897

Contingent Liabilities - Additi

Contingent Liabilities - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Tire	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Commitments and Contingencies Disclosure [Abstract]
Minimum estimated sale of passenger, light truck, SUV, radial medium truck and motorcycle tires per year in North America | Tire			30,000,000
Maximum estimated sale of passenger, light truck, SUV, radial medium truck and motorcycle tires per year in North America | Tire			35,000,000
Estimated number of Company produced tires of different specifications | Tire			300,000,000
Product liability expenses, Minimum			$ 0
Product liability expenses, Maximum			33,000,000
Increased its product liability reserve			31,816,000
Increase in product liability reserve due to self insured incidents			24,395,000
Increase (Decrease) in product liability reserve due to changes in estimated amounts on existing reserves			$ 7,421,000
Period for resolution of few cases			5 years
Company paid to resolve cases and claims	$ 13,025,000		$ 33,458,000
Product liability reserve balance	177,249,000		177,249,000		$ 178,891,000
Current portion product liability reserve balance	69,724,000		69,724,000		$ 69,892,000
Product liability expenses	$ 21,065,000	$ 22,111,000	$ 43,537,000	$ 40,812,000

Business Segments - Additional

Business Segments - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Segment
Segment Reporting [Abstract]
Number of reportable segment	4

Business Segments - Information

Business Segments - Information on Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Sales revenue goods net	$ 751,781	$ 888,685	$ 1,414,987	$ 1,685,143
Operating Profit	99,428	76,589	169,782	157,500
Interest expense	(6,240)	(6,792)	(12,597)	(13,910)
Interest income	514	270	1,075	783
Other - income	1,592	477	1,672	466
Income before income taxes	95,294	70,544	159,932	144,839
Intercompany [Member]
Segment Reporting Information [Line Items]
Revenues	(46,086)	(77,369)	(88,496)	(154,351)
Operating Profit	277	(1,640)	2,312	(1,258)
Americas [Member]
Segment Reporting Information [Line Items]
Revenues	673,016	639,234	1,271,530	1,202,728
Americas [Member] | External Customers [Member]
Segment Reporting Information [Line Items]
Revenues	658,193	624,999	1,240,237	1,168,959
Operating Profit	108,566	64,833	198,564	133,462
Americas [Member] | Intercompany [Member]
Segment Reporting Information [Line Items]
Revenues	(14,823)	(14,235)	(31,293)	(33,769)
International Tire [Member]
Segment Reporting Information [Line Items]
Revenues	124,851	326,820	231,953	636,766
International Tire [Member] | External Customers [Member]
Segment Reporting Information [Line Items]
Revenues	93,588	263,686	174,750	516,184
Operating Profit	(3,633)	26,459	(6,426)	49,607
International Tire [Member] | Intercompany [Member]
Segment Reporting Information [Line Items]
Revenues	(31,263)	(63,134)	(57,203)	(120,582)
Unallocated Corporate Charges [Member]
Segment Reporting Information [Line Items]
Operating Profit	$ (5,782)	$ (13,063)	$ (24,668)	$ (24,311)