Titan International (TWI) 10-K/A 6 Nov 15 2014 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information Document - USD ($)	12 Months Ended
	Dec. 31, 2014	Feb. 10, 2015	Jun. 30, 2014
Document Information [Line Items]
Entity Registrant Name	TITAN INTERNATIONAL INC
Entity Central Index Key	899,751
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 739,000,000
Entity Common Stock, Shares Outstanding		53,763,016
Document Fiscal Year Focus	2,014
Document Period End Date	Dec. 31, 2014
Document Type	10-K
Amendment Flag	false
Document Fiscal Period Focus	FY

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net sales	$ 1,895,527	$ 2,163,595	$ 1,820,678
Cost of sales	1,714,952	1,868,405	1,526,539
Mining asset impairment and inventory writedown	39,932	0	0
Gross profit	140,643	295,190	294,139
Selling, general & administrative expenses	173,614	167,371	126,157
Research and development expenses	14,005	11,165	7,148
Royalty expense	14,078	14,259	12,260
Noncash goodwill impairment charge	36,571	0	0
Supply agreement termination income	0	0	(26,134)
Income (loss) from operations	(97,625)	102,395	174,708
Interest expense	(36,564)	(47,120)	(27,658)
Convertible debt conversion charge	0	(7,273)	0
Loss on senior note repurchase	0	(22,734)	0
Noncash Titan Europe gain	0	0	26,700
Gain on earthquake insurance recovery	0	22,451	0
Gain on acquisition	0	0	11,678
Other income (expense)	(18,055)	7,015	6,823
Income (loss) before income taxes	(152,244)	54,734	192,251
Provision (benefit) for income taxes	(21,819)	25,047	86,613
Net income (loss)	(130,425)	29,687	105,638
Net loss attributable to noncontrolling interests	(49,964)	(5,518)	(1,593)
Net income (loss) attributable to Titan	$ (80,461)	$ 35,205	$ 107,231
Earnings (loss) per common share:
Basic (in dollars per share)	$ (2.43)	$ 0.66	$ 2.47
Diluted (in dollars per share)	$ (2.43)	$ 0.64	$ 2.05
Average common shares outstanding:
Basic (in shares)	53,497	53,039	43,380
Diluted (in shares)	53,497	59,522	54,662
Dividends declared per common share:	$ 0.02	$ 0.02	$ 0.02

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net Income (loss)	$ (130,425)	$ 29,687	$ 105,638
Unrealized gain (loss) on investments, net of tax of $0, $0, and $1,018, respectively	0	(3)	1,733
Noncash Titan Europe gain, net of tax of $0, $0, and $9,492, respectively	0	0	(17,208)
Currency translation adjustment, net	(63,424)	(24,287)	(7,191)
Pension liability adjustments, net of tax of $3,035, $(8,700), and $207, respectively	(5,129)	14,749	(642)
Comprehensive income (loss)	(198,978)	20,146	82,330
Net comprehensive loss attributable to noncontrolling interests	(68,856)	(9,734)	(2,007)
Comprehensive income (loss) attributable to Titan	$ (130,122)	$ 29,880	$ 84,337

(Parenthetical)

(Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on investments, tax	$ 0	$ 0	$ 1,018
Noncash Titan Europe Plc gain, tax	0	0	9,492
Pension liaiblity adjustments, tax	$ 3,035	$ (8,700)	$ 207

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current assets
Cash and cash equivalents	$ 201,451	$ 189,360	$ 189,114	$ 129,170	$ 129,170
Restricted cash	0	14,268
Accounts receivable (net of allowance of $5,706 and $5,287, respectively)	199,378	263,053
Inventories	331,432	384,920
Deferred income taxes	23,435	41,931
Prepaid and other current assets	80,234	114,346
Total current assets	835,930	1,007,878
Property, plant and equipment, net	527,414	638,807
Goodwill	0	42,075	24,941
Deferred income taxes	15,623	2,772
Other assets	116,757	129,699
Total assets	1,495,724	1,821,231	1,710,235
Current liabilities
Short-term Debt	26,233	75,061
Accounts payable	146,305	176,719
Other current liabilities	129,018	134,791
Total current liabilities	301,556	386,571
Long-term debt	496,503	497,694
Deferred income taxes	18,582	60,985
Other long-term liabilities	89,025	77,945
Total liabilities	905,666	1,023,195
Redeemable Noncontrolling Interest, Equity, Carrying Amount	71,192	89,155
Titan stockholders' equity
Common stock (no par, 120,000,000 shares authorized, 55,253,092 issued)	0	0
Additional paid-in capital	513,090	558,637
Retained earnings	126,007	207,541
Treasury stock (at cost, 1,504,064 and 1,692,220 shares, respectively)	(13,897)	(15,586)
Treasury stock reserved for deferred compensation	(1,075)	(1,075)
Accumulated other comprehensive loss	(112,630)	(61,794)	(56,469)
Total Titan stockholders' equity	511,495	687,723
Noncontrolling interests	7,371	21,158
Total equity	518,866	708,881	$ 632,362	$ 396,879
Total liabilities and equity	$ 1,495,724	$ 1,821,231

(Parentheticals)

(Parentheticals) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Assets [Abstract]
Allowance for Doubtful Accounts Receivable, Current	$ 5,706,000	$ 5,287,000
Liabilities and Equity [Abstract]
Common Stock, No Par Value	$ 0	$ 0
Common Stock, Shares Authorized	120,000,000	120,000,000
Treasury Stock, Shares	1,504,064	1,692,220
Common Stock, Shares, Issued	55,253,092	55,253,092

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Treasury stock [Member]	Treasury stock reserved for contractual obligations	Accumulated other comprehensive income (loss) [Member]	Parent [Member]	Noncontrolling interest [Member]
Net Income (Loss) Attributable to Parent	$ 107,231			$ 107,231				$ 107,231
Balance, Beginning at Dec. 31, 2011	396,879		$ 380,332	67,053	$ (17,338)	$ (1,233)	$ (33,575)	395,239	$ 1,640
Balance, Beginning (in shares) at Dec. 31, 2011		42,205,681
Net income (loss)	105,638								(1,593)
CTA, net of tax	(7,191)						(6,777)	(6,777)	(414)
Pension liability adjustments, net of tax	(642)						(642)	(642)
Noncash Titan Europe Plc gain, net of tax	(17,208)						(17,208)	(17,208)
Unrealized gain (loss) on investments, net of tax	1,733						1,733	1,733
Dividends on common stock	(877)			(877)				(877)
Note conversion	0
Exercise of stock options	934		288		$ 646			934
Exercise of stock options (in shares)		71,910
Acquisitions	148,154		121,813					121,813	26,341
Acquisitions (in shares)		6,257,051
Capital contribution from noncontrolling interest	0
Noncontrolling Interest, Change in Redemption Value	0
Consolidated joint venture	(229)								(229)
Stock-based compensation	4,087		4,087					4,087
Tax benefit related to stock-based compensation	184		184					184
Deferred compensation transactions	312		154			158		312
Issuance of treasury stock under 401(k) plan	588		341		$ 247			588
Issuance of treasury stock under 401(k) plan (in shares)		27,562
Balance, Ending at Dec. 31, 2012	632,362		507,199	173,407	(16,445)	(1,075)	(56,469)	606,617	25,745
Balance, Ending (in shares) at Dec. 31, 2012		48,562,204
Net Income (Loss) Attributable to Parent	35,205			35,205				35,205
Net income (loss)	29,687
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	33,634								(1,571)
CTA, net of tax	(24,287)						(20,071)	(20,071)
Temporary Equity, Foreign Currency Translation Adjustments	(23,255)								(3,184)
Pension liability adjustments, net of tax	14,749						14,749	14,749
Noncash Titan Europe Plc gain, net of tax	0
Unrealized gain (loss) on investments, net of tax	(3)						(3)	(3)
Dividends on common stock	(1,071)			(1,071)				(1,071)
Note conversion	45,903		45,903					45,903
Note conversion (in shares)		4,903,044
Exercise of stock options	1,001		$ 459		542			1,001
Exercise of stock options (in shares)		60,417
Acquisitions	168							0	168
Acquisitions (in shares)
Capital contribution from noncontrolling interest	79,592
Noncontrolling Interest, Change in Redemption Value	0
Stock-based compensation	4,815		$ 4,815					4,815
Tax benefit related to stock-based compensation	(68)		(68)					(68)
Issuance of treasury stock under 401(k) plan	646		329		317			646
Issuance of treasury stock under 401(k) plan (in shares)		35,207
Balance, Ending at Dec. 31, 2013	708,881		558,637	207,541	(15,586)	(1,075)	(61,794)	687,723	21,158
Balance, Ending (in shares) at Dec. 31, 2013		53,560,872
Net Income (Loss) Attributable to Parent	(80,461)			(80,461)				(80,461)
Net income (loss)	(130,425)
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	(92,781)								(12,320)
CTA, net of tax	(63,424)						(44,554)	(44,554)
Temporary Equity, Foreign Currency Translation Adjustments	(46,021)								(1,467)
Pension liability adjustments, net of tax	(5,129)						(5,129)	(5,129)
Noncash Titan Europe Plc gain, net of tax	0
Dividends on common stock	(1,073)			(1,073)				(1,073)
Note conversion	0
Restricted stock awards			(1,250)		1,250
Restricted stock awards (in shares)		139,250
Exercise of stock options	$ 141		60		$ 81			141
Exercise of stock options (in shares)	(8,971)	8,971
Acquisitions	$ (1,202)		(49)				(1,153)	(1,202)	0
Acquisitions (in shares)
Capital contribution from noncontrolling interest	0								0
Noncontrolling Interest, Change in Redemption Value	(49,277)		49,277					49,277
Stock-based compensation	5,360		5,360					5,360
Tax benefit related to stock-based compensation	(672)		(672)					(672)
Issuance of treasury stock under 401(k) plan	639		281		$ 358			639
Issuance of treasury stock under 401(k) plan (in shares)		39,935
Balance, Ending at Dec. 31, 2014	$ 518,866		$ 513,090	$ 126,007	$ (13,897)	$ (1,075)	$ (112,630)	$ 511,495	$ 7,371
Balance, Ending (in shares) at Dec. 31, 2014		53,749,028

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net Income (loss)	$ (130,425)	$ 29,687	$ 105,638
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	88,704	80,622	54,095
Amortization of debt premium	0	(2,369)	0
Mining asset impairment	23,242	0	0
Mining inventory writedown	16,690	0	0
Deferred income tax provision	(24,800)	(4,004)	17,170
Convertible debt conversion charge	0	7,273	0
Loss on note repurchase	0	22,734	0
Gain on earthquake insurance recovery	0	(22,451)	0
Noncash Titan Europe gain	0	0	26,700
Supply agreement termination income	0	0	(26,134)
Noncash goodwill impairment charge	36,571	0	0
Stock-based compensation	5,360	4,815	4,087
Excess tax benefit from stock-based compensation	672	68	(184)
Insurance proceeds	0	35,808	0
Issuance of treasury stock under 401(k) plan	639	646	588
Gain on acquisition	0	0	11,678
(Increase) decrease in assets:
Accounts receivable	54,686	26,417	35,839
Inventories	20,933	(30,280)	23,917
Prepaid and other current assets	30,324	(39,825)	(25,229)
Other assets	(1,145)	1,960	6,987
Increase (decrease) in liabilities:
Accounts payable	(23,777)	9,479	(44,542)
Other current liabilities	(2,089)	(556)	7,839
Other liabilities	18,487	(3,375)	8,475
Net cash provided by operating activities	114,072	116,649	130,168
Cash flows from investing activities:
Capital expenditures	(58,439)	(80,131)	(65,740)
Acquisitions, net of cash acquired	(13,395)	(95,681)	780
Additional equity investment in Wheels India	0	(8,017)	0
Increase (Decrease) in Restricted Cash	14,268	(14,473)	0
Insurance proceeds	0	2,879	0
Other	5,044	2,344	1,066
Net cash used for investing activities	(52,522)	(193,079)	(63,894)
Cash flows from financing activities:
Proceeds from borrowings	15,708	788,704	17,171
Repurchase of senior notes	0	(558,360)	0
Payment on debt	(60,345)	(200,721)	(20,811)
Convertible note conversion	0	(14,090)	0
Capital contribution from noncontrolling interest	0	79,592	0
Proceeds from exercise of stock options	141	1,001	934
Excess of tax benefit from stock-based compensation	(672)	(68)	184
Payment of financing fees	(33)	(12,332)	(1,275)
Dividends paid	(1,073)	(1,046)	(845)
Net cash provided by (used for) financing activities	(46,274)	82,680	(4,642)
Effect of exchange rate changes on cash	(3,185)	(6,004)	(1,688)
Net increase (decrease) in cash and cash equivalents	12,091	246	59,944
Cash and cash equivalents at beginning of period	189,360	189,114	129,170
Cash and cash equivalents at end of period	201,451	189,360	189,114
Supplemental Cash Flow Information [Abstract]
Interest paid	34,014	41,875	27,192
Income taxes paid, net of refunds received	(25,588)	59,360	86,587
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Issuance of common stock for Titan Europe acquisition	(1,202)	168	148,154
Issuance of common stock for convertible debt payment	0	45,903	0
Titan Europe [Member]
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Issuance of common stock for Titan Europe acquisition	$ 0	$ 0	$ 121,813

DESCRIPTION OF BUSINESS AND SIG

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES [Abstract]
DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Business Titan International, Inc. and its subsidiaries (Titan or the Company) are leading manufacturers of wheels, tires and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction and consumer segments. Titan manufactures both wheels and tires for the majority of these market applications, allowing the Company to provide the value-added service of delivering complete wheel and tire assemblies. The Company offers a broad range of products that are manufactured in relatively short production runs to meet the specifications of original equipment manufacturers (OEMs) and/or the requirements of aftermarket customers. Principles of consolidation The consolidated financial statements include the accounts of all majority-owned subsidiaries and variable interest entities in which Titan is the primary beneficiary. Investments in companies in which Titan does not own a majority interest and Titan has the ability to exercise significant influence over operating and financial policies are accounted for using the equity method. Investments in other companies are carried at cost. All significant intercompany accounts and transactions have been eliminated. The Company consolidates the Voltyre-Prom subsidiary for which it acts as operating partner. Accounts Receivable and Allowance for Doubtful Accounts The Company carries its accounts receivable at their face amounts less an allowance for doubtful accounts. An allowance for uncollectible receivables is recorded based upon known bad debt risks and past loss history. Actual collection experience may differ from the current estimate of net receivables. Inventories Inventories are valued at the lower of cost or market. At December 31, 2014 , approximately 11% of the Company's inventories were valued under the last-in, first out (LIFO) method. The majority of steel material inventory in North America is accounted for under the LIFO method. The remaining inventories were valued under the first-in, first-out (FIFO) method or average cost method. Market value is estimated based on current selling prices. Estimated provisions are established for slow-moving and obsolete inventory. Deferred financing costs Deferred financing costs are costs incurred in connection with the Company’s revolving credit facility, 6.875% senior secured notes due 2020 (senior secured notes due 2020) and 5.625% convertible senior subordinated notes due 2017 (convertible notes). The deferred financing costs associated with each of the debt facilities are being amortized over the life of the debt. Amortization of deferred financing costs for the debt facilities approximates the effective interest rate method. Fixed assets Property, plant and equipment have been recorded at cost. Depreciation is provided using the straight-line method over the following estimated useful lives of the related assets: Years Building and improvements 25 - 40 Machinery and equipment 7 - 20 Tools, dies and molds 2 - 9 Maintenance and repairs are expensed as incurred. When property, plant and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are eliminated, and any gain or loss on disposition is included in the accompanying consolidated statements of operations. Interest is capitalized on fixed asset projects which are constructed over a period of time. The amount of interest capitalized is determined by applying a weighted average interest rate to the average amount of accumulated expenditures for the asset during the period. The interest rate used is based on the rates applicable to borrowings outstanding during the period. Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, accounts receivable, notes receivable, accounts payable, other accruals and notes payable at cost, which approximates fair value due to their short term or stated rates. Investments in marketable equity securities are recorded at fair value. The senior secured notes due 2020 and convertible notes are carried at cost of $400.0 million and $60.2 million at December 31, 2014 , respectively. The fair value of the senior secured notes due 2020 at December 31, 2014 , as obtained through an independent pricing source, was approximately $352.0 million . Impairment of fixed assets The Company reviews fixed assets to assess recoverability from future operations whenever events and circumstances indicate that the carrying values may not be recoverable. Impairment losses are recognized in operating results when expected undiscounted future cash flows are less than the carrying value of the asset. Impairment losses are measured as the excess of the carrying value of the asset over the discounted expected future cash flows or the estimated fair value of the asset. Equity method investments The Company had an equity method investment of $43.5 million in Wheels India Limited as of December 31, 2014, representing a 34.2% ownership. This equity method investment is included in Other Assets in the consolidated balance sheets. The value of this investment based on the December 31, 2014 market price was $59.1 million . The Company assesses the carrying value of its equity method investments whenever events and circumstances indicate that the carrying values may not be recoverable. Investment write-downs, if necessary, are recognized in operating results when expected undiscounted future cash flows are less than the carrying value of the asset. These write-downs, if any, are measured as the excess of the carrying value of the asset over the discounted expected future cash flows or the estimated fair value of the asset. Foreign currency translation The financial statements of the Company’s foreign subsidiaries are translated to United States currency in accordance with ASC 830 Foreign Currency Matters. Assets and liabilities are translated to United States dollars at period-end exchange rates. Income and expense items are translated at average rates of exchange prevailing during the period. Translation adjustments are included in “Accumulated other comprehensive loss” in stockholders’ equity. Gains and losses that result from foreign currency transactions are included in the accompanying consolidated statements of operations. Impairment of goodwill The Company reviews goodwill to assess recoverability from future operations during the fourth quarter of each annual reporting period, and whenever events and circumstances indicate that the carrying values may not be recoverable. In the fourth quarter of 2014, the Company recorded a noncash charge for the impairment of goodwill of $36.6 million on both a pre-tax and after-tax basis. The charge included $11.4 million of earthmoving/construction goodwill related to the acquisition of Titan Australia; $9.6 million of agricultural goodwill related to the acquisition of the Latin America farm tire business; and $15.6 million of goodwill related to the acquisition of Voltyre-Prom. The Voltyre-Prom goodwill included $11.0 million in the agricultural segment, $2.6 million in the earthmoving/construction segment, and $2.0 million in the consumer segment. The Company had no remaining goodwill after the impairment. See Note 10 for additional information. Revenue recognition The Company records sales revenue when products are shipped to customers and both title and the risks and rewards of ownership are transferred. Provisions are established for sales returns and uncollectible accounts based on historical experience. Should trends change, adjustments would be necessary to the estimated provisions. Cost of sales Cost of sales is comprised primarily of direct materials and supplies consumed in the manufacturing of the Company’s products, as well as manufacturing labor, depreciation expense and overhead expense necessary to acquire and convert the purchased materials and supplies into a finished product. Cost of sales also includes all purchasing, receiving, inspection, internal transfers, and related distribution costs. Selling, general and administrative expense Selling, general and administrative (SG&A) expense is comprised primarily of sales commissions, marketing expense, selling and administrative wages, information system costs, legal fees, bank charges, professional fees, depreciation and amortization expense on non-manufacturing assets, and other administrative items. Research and development expense Research and development (R&D) expenses are expensed as incurred. R&D costs were $14.0 million , $11.2 million and $7.1 million for the years of 2014, 2013 and 2012, respectively. Increased R&D is primarily attributable to the investment in LSW as a cornerstone of the Company's strategy. Advertising Advertising expenses are included in SG&A expense and are expensed as incurred. Advertising costs were approximately $5 million for the year ended December 31, 2014, and approximately $2 million for each of the years ended December 31, 2013 and 2012. Warranty costs The Company provides limited warranties on workmanship on its products in all market segments. The provision for estimated warranty costs is made in the period when such costs become probable and is based on past warranty experience. See Note 12 for additional information. Income taxes Deferred income tax provisions are determined using the liability method whereby deferred tax assets and liabilities are recognized based upon temporary differences between the financial statement and income tax basis of assets and liabilities. The Company assesses the realizability of its deferred tax asset positions to determine if a valuation allowance is necessary. In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Earnings per share Basic earnings per share (EPS) is computed by dividing consolidated net earnings applicable to common shareholders by the weighted average number of common shares outstanding. Diluted EPS is computed by dividing adjusted consolidated net earnings applicable to common shareholders by the sum of the weighted average number of common shares outstanding and the weighted average number of potential common shares outstanding. Potential common shares consist of outstanding options under the Company’s stock compensation plans and the conversion of the Company’s convertible notes. Cash and cash equivalents The Company considers short-term debt securities with an original maturity of three months or less to be cash equivalents. The cash in the Company's U.S. banks is not fully insured by the Federal Deposit Insurance Corporation. The Company had $71.4 million and $121.7 million of cash in foreign bank accounts at December 31, 2014 and 2013, respectively. The Company's cash in its foreign bank accounts is not insured. Environmental liabilities Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations and that do not contribute to current or future revenue are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and can be reasonably estimated. Stock-based compensation At December 31, 2014 , the Company has one stock-based compensation plan, which is described in Note 30. Compensation expense for stock-based compensation is recognized over the requisite service period at the estimated fair value of the award at the grant date. The Company granted 59,000 ; 60,000 ; and 45,000 stock options in 2014, 2013 and 2012, respectively. The Company granted 10,000 ; 225,750 ; and 293,000 restricted stock awards in 2014, 2013 and 2012, respectively. Reclassification Certain amounts from prior years have been reclassified to conform to the current year’s presentation. Use of estimates The policies utilized by the Company in the preparation of the financial statements conform to accounting principles generally accepted in the United States of America and require management to make estimates, assumptions and judgments that affect the reported amount of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from these estimates and assumptions.

MINING ASSET IMPAIRMENT AND INV

MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN (Notes)	12 Months Ended
	Dec. 31, 2014
MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN [Abstract]
Impairment of fixed assets	Impairment of fixed assets The Company reviews fixed assets to assess recoverability from future operations whenever events and circumstances indicate that the carrying values may not be recoverable. Impairment losses are recognized in operating results when expected undiscounted future cash flows are less than the carrying value of the asset. Impairment losses are measured as the excess of the carrying value of the asset over the discounted expected future cash flows or the estimated fair value of the asset. MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN In 2014, the Company recorded an asset impairment and inventory writedowns of $23.2 million and $16.7 million , respectively. The impairment was recorded on machinery, equipment and molds used to produce giant mining tires. Mining products are included in the Company's earthmoving/construction segment. In the second quarter of 2014, several large mining equipment manufacturers significantly decreased their sales forecast for mining equipment. The Company's sales of mining product were deteriorating at an accelerated pace. Therefore, the company tested mining related assets for impairment in the second quarter of 2014. The fair value of the mining equipment was determined using a cost and market approach. The inventory writedowns were to adjust the value of mining product inventory to estimated market value.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Acquisition of Voltyre-Prom On October 4, 2013, Titan, in partnership with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF), closed the acquisition of an 85% interest in Voltyre-Prom, a leading producer of agricultural and industrial tires in Volgograd, Russia, for approximately $94.1 million , which includes the assumption of debt. Titan is acting as operating partner with responsibility for Voltyre-Prom's daily operations on behalf of the consortium of which Titan holds a 30% interest. This acquisition expanded Titan's footprint into the Commonwealth of Independent States (CIS) region. The fair value of the consideration transferred and noncontrolling interests exceeded the fair value of the identified assets acquired less liabilities assumed. Therefore, goodwill of $21.0 million was recorded on the transaction at the time of acquisition, which was not deductible for tax purposes. In the fourth quarter of 2014, the Company recorded a noncash goodwill impairment charge of $15.6 million for Voltyre-Prom which removed all goodwill related to this acquisition. The difference from the amount originally recorded was due to foreign currency translation. See Note 10 for additional information. An initial noncontrolling interest of $14.5 million , representing the 15% not owned by the partnership, was recorded at the acquisition date. In the first half of 2014, the partnership of Titan, OEP, and RDIF purchased an additional 15% to bring the total Voltyre-Prom ownership to 100% for the partnership. See Note 39 for additional information. The purchase price allocation of the Voltyre-Prom acquisition consisted of the following ( in thousands): Acquisition Additional Date Purchases Total Cash $ 80 $ — $ 80 Accounts receivable 5,596 — 5,596 Inventories 3,807 — 3,807 Deferred income taxes - current asset 253 — 253 Prepaid & other current assets 1,881 — 1,881 Goodwill 21,002 — 21,002 Property, plant & equipment 79,255 — 79,255 Other assets 17,615 — 17,615 Accounts payable (715 ) — (715 ) Other current liabilities (4,152 ) — (4,152 ) Deferred income taxes - noncurrent liability (15,989 ) — (15,989 ) Noncontrolling interests (14,542 ) 13,395 (1,147 ) Net assets acquired $ 94,091 $ 13,395 $ 107,486 Acquisition of Titan Europe Plc. On October 31, 2012, Titan acquired over 97% of the outstanding stock of Titan Europe Plc (Titan Europe) and in December 2012, the remaining 3% interest was acquired. Titan Europe is an international engineering group which designs and manufactures wheels, undercarriage components and assemblies for tracked and wheeled "off-road vehicles". The Titan Europe acquisition allowed the Company to expand its global presence and expand its product line. Prior to the acquisition, Titan held a 21.8% ownership percentage in Titan Europe. Titan Europe shareholders received one share of new Titan common stock for every 11 Titan Europe shares held. A total of 6,257,051 new shares of Titan were issued with a value of $121.8 million . In addition, Titan paid cash of $5.6 million for option payouts and partial shares. Titan's previous investment in Titan Europe had a fair value on the acquisition date of $31.7 million based on Titan Europe's stock price on the AIM market in London. Total consideration including the value of stock issued, cash payments, and the fair value of previously held Titan Europe shares totaled $159.1 million . A gain of $26.7 million was recorded on Titan's previously held interest in Titan Europe which was recorded as Noncash Titan Europe Plc gain in the consolidated statement of operations. This gain was previously recorded in other comprehensive income (loss). The purchase price was allocated to the assets acquired and liabilities assumed based on their fair values. Inventory was valued using the comparative sales method. Real and personal property were valued at fair value. The purchase price allocation of the Titan Europe acquisition consisted of the following ( in thousands): Cash $ 39,122 Accounts receivable 128,585 Inventories 178,407 Deferred income taxes - current asset 22,068 Prepaid & other current assets 21,745 Earthquake insurance receivable 17,024 Property, plant & equipment 217,309 Investment in Wheels India Limited 36,804 Other assets 8,414 Short term debt (96,822 ) Accounts payable (142,752 ) Other current liabilities (56,391 ) Long term debt (158,183 ) Deferred income taxes - noncurrent liability (12,636 ) Other noncurrent liabilities (31,874 ) Net assets acquired $ 170,820 The purchase price allocation has changed from that reported in the Form 10-K for the year ended December 31, 2012, and the 10-Q for the quarter ended March 31, 2013. Titan Europe's wheel manufacturing facility in Finale Emilia, Italy experienced damage from an earthquake in May 2012, prior to Titan's acquisition of Titan Europe. The plant was closed for production during initial remedial work. This resulted in a limited transfer of production to other facilities within Titan Europe as well as sourcing product from facilities in the U.S. owned by Titan and competitors. In the second quarter of 2013, Titan received a final insurance settlement payment of $38.7 million. As a result of this information, Titan has recorded an earthquake insurance receivable of $17.0 million , decreased the current deferred income taxes by $5.3 million , and recorded a bargain purchase gain of $11.7 million for the year ended December 31, 2012. Pro forma financial information The following unaudited pro forma financial information gives effect to the acquisition of Titan Europe Plc as if the acquisition had taken place on January 1, 2012. The pro forma financial information for Titan Europe Plc was derived from the historical accounting records of Titan Europe. The Titan Europe results were adjusted for US GAAP differences and to reflect additional depreciation. Unaudited pro forma financial information is as follows (in thousands, except per share data): 2012 Net sales $ 2,423,724 Net income 86,906 Net income attributable to Titan 88,499 Basic earnings per share $ 1.78 Diluted earnings per share 1.53 The pro forma information is presented for illustrative purposes only and may not be indicative of the results that would have been obtained had the acquisition actually occurred on January 1, 2012, nor is it necessarily indicative of Titan's future consolidated results of operations or financial position. No pro forma information is presented for 2014 and 2013 as the acquisition was included in the consolidated results for the full years.

RESTRICTED CASH (Notes)

RESTRICTED CASH (Notes)	12 Months Ended
	Dec. 31, 2014
RESTRICTED CASH [Abstract]
Restricted Assets Disclosure [Text Block]	RESTRICTED CASH Restricted cash at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Restricted cash $ — $ 14,268 At December 31, 2013, the Company had restricted cash of $14.3 million . This restricted cash was on deposit for the purchase of the remaining 15% of Voltyre-Prom. In the first half of 2014, the partnership of Titan, OEP, and RDIF purchased an additional 15% to bring the total Voltyre-Prom ownership to 100% . See note 3 for additional information.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLE Accounts receivable at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Accounts receivable $ 205,084 $ 268,340 Allowance for doubtful accounts (5,706 ) (5,287 ) Accounts receivable, net $ 199,378 $ 263,053

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Raw material $ 119,989 $ 130,403 Work-in-process 41,073 54,190 Finished goods 179,998 208,821 341,060 393,414 Adjustment to LIFO basis (9,628 ) (8,494 ) $ 331,432 $ 384,920 If the Company were to liquidate the December 31, 2014 balance of LIFO basis inventory, it would pay tax of $3.7 million . If the Company would have liquidated the December 31, 2013 balance of LIFO basis inventory, it would have paid tax of $3.1 million . See note 2 for additional information on the mining inventory writedowns of $16.7 million recorded in 2014.

PREPAID AND OTHER CURRENT ASSET

PREPAID AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2014
Prepaid and Other Current Assets [Abstract]
PREPAID AND OTHER CURRENT ASSETS	PREPAID AND OTHER CURRENT ASSETS Prepaid and other current assets at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Prepaid supplies $ 28,477 $ 30,212 Prepaid income taxes 19,474 48,527 Value added tax 6,294 9,761 Prepaid royalty 5,940 5,642 Duty receivable 3,717 4,777 Prepaid insurance 2,580 3,281 Prepaid deposits 1,700 3,748 Derivative financial instruments 1,068 — Other 10,984 8,398 $ 80,234 $ 114,346

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Land and improvements $ 60,012 $ 67,243 Buildings and improvements 214,472 242,261 Machinery and equipment 585,318 617,709 Tools, dies and molds 103,353 112,997 Construction-in-process 48,170 42,539 1,011,325 1,082,749 Less accumulated depreciation (483,911 ) (443,942 ) $ 527,414 $ 638,807 Depreciation, including depreciation on capital leases, related to property, plant and equipment for the years 2014, 2013 and 2012 totaled $82.7 million , $75.7 million , and $51.1 million , respectively. Included in the total of building and improvements are capital leases of $4.1 million and $4.6 million at December 31, 2014 , and December 31, 2013 , respectively. Included in the total of machinery and equipment are capital leases of $37.7 million and $40.6 million at December 31, 2014 , and December 31, 2013 , respectively. See note 2 for additional information on the mining asset impairment of $23.2 million recorded in the second quarter of 2014.

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2014
Other Assets [Abstract]
OTHER ASSETS	OTHER ASSETS Other assets at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Investment in Wheels India Limited $ 43,540 $ 44,541 Amortizable intangibles 23,689 35,036 Prepaid royalty 14,966 21,514 Investments for contractual obligations 9,840 8,723 Deferred financing costs 7,082 8,650 Note receivable 5,000 — Other 12,640 11,235 $ 116,757 $ 129,699 The investments for contractual obligations are being treated as trading securities.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2014
GOODWILL [Abstract]
Goodwill Disclosure [Text Block]	GOODWILL AND INTANGIBLE ASSETS The changes in the carrying amount of goodwill for the two years ended December 31, 2014 , were as follows (amounts in thousands): Agricultural Segment Earthmoving/ Construction Segment Consumer Segment Total Balance at January 1, 2013 $ 11,522 $ 13,419 $ — $ 24,941 Acquisitions 14,828 3,486 2,688 21,002 Foreign currency translation (1,810 ) (2,007 ) (51 ) (3,868 ) Balance at December 31, 2013 24,540 14,898 2,637 42,075 Noncash goodwill impairment charge (20,599 ) (13,971 ) (2,001 ) (36,571 ) Foreign currency translation (3,941 ) (927 ) (636 ) (5,504 ) Balance at December 31, 2014 $ — $ — $ — $ — The Company reviews goodwill to assess recoverability from future operations during the fourth quarter of each annual reporting period, and whenever events and circumstances indicate that the carrying values may not be recoverable. At the time of the review, the Company determines if it will f irst assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC 350. When the two-step goodwill impairment test is performed, the Company evaluates the recoverability of goodwill by estimating the future reporting unit discounted cash flows. In determining the estimated future cash flows, the Company considers current and projected future levels of income as well as business trends and economic conditions. When the Company’s estimated fair value of the reporting unit is less than the carrying value, a second step of the impairment analysis is performed. In this second step, the implied fair value of goodwill is calculated as the excess of the fair value of a reporting unit over the fair values assigned to its assets and liabilities. If the implied fair value of goodwill is less than the carrying value of the reporting unit’s goodwill, the difference is recognized as an impairment loss. In the fourth quarter of 2014, the recoverability of all goodwill was evaluated by estimating future discounted cash flows. The Company recorded a noncash charge for the impairment of goodwill in the amount of $36.6 million on both a pre-tax and after-tax basis. The charge included $11.4 million of earthmoving/construction goodwill related to the acquisition of Titan Australia; $9.6 million of agricultural goodwill related to the acquisition of the Latin America farm tire business; and $15.6 million of goodwill related to the acquisition of Voltyre-Prom. The Voltyre-Prom goodwill included $11.0 million in the agricultural segment, $2.6 million in the earthmoving/construction segment, and $2.0 million in the consumer segment. The key factor leading to the impairment of the Australia goodwill was the continued downturn in the mining industry. During 2014, the price of iron ore declined over 40%. The extended downturn led to changes in assumptions regarding future cash flows which culminated in the goodwill impairment. The key factors leading to the impairment of the Voltyre-Prom goodwill were the changes in the political and economic factors which occurred in Russia during 2014. The changes including devaluation of the Russian ruble and increases in interest rates accelerated in the fourth quarter of 2014 which led to changes in assumptions regarding future cash flows which resulted in goodwill impairment. The key factors leading to the impairment of the Latin American goodwill were a softening of the agricultural tire market and the Brazilian economy as a whole. The slowdown which began in the third quarter accelerated in the fourth quarter. As a result of the slowdown there was competitive pricing pressure impacting both sales and profits. These changes led to changes in assumptions regarding future cash flows which resulted in goodwill impairment. As a result of the Australian and Voltyre-Prom goodwill impairment and the contributing factors, the Company tested the Australian and Voltyre-Prom intangibles for impairment during the fourth quarter of 2014. The Australian intangibles totaled $12.8 million at December 31, 2014 and consist primarily of customer relationships. The Voltyre-Prom intangibles totaled $8.0 million at December 31, 2014 and consist of trademarks. No impairment was indicated. The components of intangible assets for the two years ended December 31, 2014 , were as follows (amounts in thousands): Weighted- Average Useful Lives (in Years) 2014 2013 Amortizable intangible assets: Customer relationships 12.6 14,958 16,659 Patents, trademarks and other 8.5 15,907 23,015 Total at cost 30,865 39,674 Less accumulated amortization (7,176 ) (4,638 ) 23,689 35,036 Amortization related to intangible assets for the years 2014, 2013, and 2012 totaled $4.4 million , $3.0 million , and $1.1 million , respectively. The decrease in cost from 2013 is primarily related to foreign currency translation of $(8.6) million . The estimated aggregate amortization expense at December 31, 2014 , is as follows (amounts in thousands): 2015 $ 3,245 2016 2,481 2017 2,354 2018 2,354 2019 2,354 Thereafter 10,901 $ 23,689

OTHER CURRENT LIABILITIES

OTHER CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2014
OTHER CURRENT LIABILITIES [Abstract]
OTHER CURRENT LIABILITIES	OTHER CURRENT LIABILITIES Other current liabilities at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Warranty $ 28,144 $ 33,134 Wages and commissions 27,388 29,508 Accrued other taxes 10,924 11,741 Insurance 10,272 5,785 Accrued interest 8,933 8,472 CEO and management incentive compensation 6,388 4,194 Deferred income tax 3,131 3,525 Other 33,838 38,432 $ 129,018 $ 134,791

WARRANTY

WARRANTY	12 Months Ended
	Dec. 31, 2014
Product Warranties Disclosures [Abstract]
WARRANTY COSTS	WARRANTY COSTS Changes in the warranty liability consisted of the following (amounts in thousands): 2014 2013 Warranty liability, January 1 $ 33,134 $ 27,482 Acquisitions — 222 Provision for warranty liabilities 17,672 43,335 Warranty payments made (22,662 ) (37,905 ) Warranty liability, December 31 $ 28,144 $ 33,134 The Company provides limited warranties on workmanship on its products in all market segments. The majority of the Company’s products have a limited warranty that ranges from zero to ten years, with certain products being prorated after the first year. The Company calculates a provision for warranty expense based on past warranty experience. Warranty accruals are included as a component of other current liabilities on the Consolidated Balance Sheets.

OTHER LONG-TERM LIABILITIES

OTHER LONG-TERM LIABILITIES	12 Months Ended
	Dec. 31, 2014
OTHER LONG-TERM LIABILITIES [Abstract]
OTHER LONG-TERM LIABILITIES	OTHER LONG-TERM LIABILITIES Other long-term liabilities at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Accrued pension liabilities $ 39,453 $ 39,769 Income tax liabilities 17,807 16,925 Accrued employment liabilities 15,140 17,124 Italian government grant 11,928 — Other 4,697 4,127 $ 89,025 $ 77,945

REVOLVING CREDIT FACILITY AND L

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
REVOLVING CREDIT FACILITY AND LONG-TERM DEBT	REVOLVING CREDIT FACILITY AND LONG-TERM DEBT Long-term debt at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 6.875% senior secured notes due 2020 $ 400,000 $ 400,000 5.625% convertible senior subordinated notes due 2017 60,161 60,161 Titan Europe credit facilities 42,291 95,087 Other debt 17,013 14,141 Capital leases 3,271 3,366 522,736 572,755 Less amounts due within one year 26,233 75,061 $ 496,503 $ 497,694 Aggregate maturities of long-term debt are as follows (amounts in thousands): 2015 $ 26,233 2016 30,717 2017 64,307 2018 1,386 2019 88 Thereafter 400,005 $ 522,736 6.875% senior secured notes due 2020 The Company’s 6.875% senior secured notes (senior secured notes due 2020) are due October 2020. These notes are secured by the land and buildings of the following subsidiaries of the Company: Titan Tire Corporation, Titan Tire Corporation of Bryan, Titan Tire Corporation of Freeport and Titan Wheel Corporation of Illinois. The Company's senior secured notes due 2020 outstanding balance was $400.0 million at December 31, 2014 . 5.625% convertible senior subordinated notes due 2017 The Company’s 5.625% convertible senior subordinated notes (convertible notes) are due January 2017. The initial base conversion rate for the convertible notes is 93.0016 shares of Titan common stock per $1,000 principal amount of convertible notes, equivalent to an initial base conversion price of approximately $10.75 per share of Titan common stock. If the price of Titan common stock at the time of determination exceeds the base conversion price, the base conversion rate will be increased by an additional number of shares (up to 9.3002 shares of Titan common stock per $1,000 principal amount of convertible notes) as determined pursuant to a formula described in the indenture. The base conversion rate will be subject to adjustment in certain events. The Company’s convertible notes balance was $60.2 million at December 31, 2014 . Titan Europe credit facilities The Titan Europe credit facilities contain borrowings from various institutions totaling $42.3 million at December 31, 2014 . Maturity dates on this debt range from less than one year to ten years and interest rates range from 5% to 6.9% . The Titan Europe facilities are primarily secured by the assets of its subsidiaries in Italy, Spain, Germany and Brazil. Revolving credit facility The Company’s $150 million revolving credit facility (credit facility) with agent Bank of America, N.A. has a December 2017 termination date and is collateralized by the accounts receivable and inventory of certain of its domestic subsidiaries. Titan’s availability under this domestic facility may be less than $150 million as a result of eligible accounts receivable and inventory balances at certain of its domestic subsidiaries. At December 31, 2014, the amount available was $94.2 million as a result of the Company’s decrease in sales which impacted both accounts receivable and inventory balances at year end. During 2014 and at December 31, 2014 , there were no borrowings under the credit facility. Other debt Brazil Other Debt Titan Brazil has working capital loans for the Sao Paulo, Brazil manufacturing facility totaling $17.0 million at December 31, 2014 .

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS The Company uses financial derivatives to mitigate its exposure to volatility in foreign currency exchange rates. These derivative financial instruments are recognized at fair value. The Company has not designated these financial instruments as hedging instruments. Any gain or loss on the re-measurement of the fair value is recorded as an offset to currency exchange gain/loss. For the year ended December 31, 2014 , the Company recorded currency exchange gain of $1.1 million related to these derivatives.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other comprehensive income (loss) consisted of the following (amounts in thousands): Currency Translation Adjustments Unrealized Gain (Loss) on Investments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2013 $ (20,793 ) $ 3 $ (35,679 ) $ (56,469 ) Currency translation adjustments (20,071 ) — — (20,071 ) Unrealized loss on investments, net of tax of $0 — (3 ) — (3 ) Defined benefit pension plan entries: Unrecognized prior service cost, net of tax of $(52) — — 85 85 Unrecognized net gain, net of tax of $(8,648) — — 14,664 14,664 Balance at December 31, 2013 (40,864 ) — (20,930 ) (61,794 ) Currency translation adjustments (45,707 ) — — (45,707 ) Defined benefit pension plan entries: Unrecognized prior service cost, net of tax of $(52) — — 85 85 Unrecognized net loss, net of tax of $3,087 — — (5,214 ) (5,214 ) Balance at December 31, 2014 $ (86,571 ) $ — $ (26,059 ) $ (112,630 )

STOCKHOLDERS EQUITY

STOCKHOLDERS EQUITY	12 Months Ended
	Dec. 31, 2014
Stockholders' Equity Attributable to Parent [Abstract]
STOCKHOLDERS’ EQUITY	STOCKHOLDERS’ EQUITY The Company repurchased no Titan common shares in 2014, 2013, or 2012. The Company has no plans at this time to repurchase any Titan common stock. Titan paid cash dividends of $.02 per share of common stock for 2014, 2013, and 2012. Dividends declared totaled $1.1 million , $1.1 million and $0.9 million for 2014, 2013 and 2012, respectively.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS ASC 820 Fair Value Measurements establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers are defined as: Level 1 – Quoted prices in active markets for identical instruments. Level 2 – Inputs other than quoted prices in active markets that are either directly or indirectly observable. Level 3 – Unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. Assets and liabilities measured at fair value on a recurring basis consisted of the following (amounts in thousands): December 31, 2014 December 31, 2013 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Contractual obligation investments $ 9,840 $ 9,840 $ — $ — $ 8,723 $ 8,723 $ — $ — Derivative financial instruments asset 1,068 — 1,068 — — — — — Preferred stock 250 — — 250 250 — — 250 Derivative financial instruments liability (43 ) — (43 ) — (126 ) — (126 ) — Total $ 11,115 $ 9,840 $ 1,025 $ 250 $ 8,847 $ 8,723 $ (126 ) $ 250 The following table presents the changes during the periods presented in Titan's Level 3 investments that are measured at fair value on a recurring basis (amounts in thousands): Preferred stock Balance at December 31, 2012 $ 250 Total realized and unrealized gains and losses — Balance at December 31, 2013 250 Total realized and unrealized gains and losses — Balance as of December 31, 2014 $ 250 Fair value, nonrecurring, Level 2 and 3 measurements from impairments consisted of the following (amounts in thousands): Fair Value Level 2 Level 3 Impairment Charges December 31, 2014 2014 Property, plant and equipment $ 40,346 $ — $ 23,242 Goodwill — — 36,571 Total $ 40,346 $ — $ 59,813 The fair value measurements and impairment charges shown above for property, plant and equipment pertain to assets used to produce giant mining tires for the mining industry. See note 2 for additional information. See note 10 for additional information for the goodwill impairment.

VARIABLE INTEREST ENTITIES (Not

VARIABLE INTEREST ENTITIES (Notes)	12 Months Ended
	Dec. 31, 2014
VARIABLE INTEREST ENTITIES [Abstract]
Variable Interest Entity Disclosure [Text Block]	VARIABLE INTEREST ENTITIES The Company holds a variable interest in three joint ventures for which the Company is the primary beneficiary. Two of the joint ventures operate distribution facilities which primarily distribute mining products. One of these facilities is located in Canada and the other is located in Australia. The Company’s variable interest in these joint ventures relates to sales of Titan product to these entities, consigned inventory and working capital loans. The third joint venture is the consortium which owns Voltyre-Prom, a leading producer of agricultural and industrial tires in Volgograd, Russia. Titan is acting as operating partner with responsibility for Voltyre-Prom’s daily operations. The Company has also provided working capital loans to Voltyre-Prom. As the primary beneficiary of these variable interest entities (VIEs), the entities’ assets, liabilities and results of operations are included in the Company’s consolidated financial statements. The other equity holders’ interests are reflected in “Net loss attributable to noncontrolling interests” in the consolidated condensed statements of operations and “Noncontrolling interests and redeemable noncontrolling interests” in the consolidated condensed balance sheets. The following table summarizes the carrying amount of the entities’ assets and liabilities included in the Company’s consolidated condensed balance sheets at December 31, 2014 and December 31, 2013 (amounts in thousands): December 31, December 31, 2013 Cash and cash equivalents $ 8,861 $ 17,106 Inventory 9,645 33,406 Other current assets 18,115 17,000 Goodwill — 20,601 Property, plant and equipment, net 36,353 76,060 Other noncurrent assets 8,016 16,673 Total assets $ 80,990 $ 180,846 Current liabilities 11,659 23,816 Noncurrent liabilities 7,448 15,818 Total liabilities $ 19,107 $ 39,634 All assets in the above table can only be used to settle obligations of the consolidated VIE. Liabilities are nonrecourse obligations. Amounts presented in the table above are adjusted for intercompany eliminations.

ROYALTY EXPENSE

ROYALTY EXPENSE	12 Months Ended
	Dec. 31, 2014
Royalty Expense [Abstract]
ROYALTY EXPENSE	ROYALTY EXPENSE The Company has a trademark license agreement with Goodyear to manufacture and sell certain tires in North America and Latin America under the Goodyear name. The North American and Latin American farm tire royalties were prepaid for seven years as a part of the 2011 Goodyear Latin American farm tire acquisition. In May 2012, the Company and Goodyear entered into an agreement under which Titan will sell certain non-farm tire products directly to third party customers and pay a royalty to Goodyear. Royalty expenses recorded for the years ended December 31, 2014, 2013 and 2012, were $14.1 million , $14.3 million and $12.3 million , respectively.

SUPPLY AGREEMENT TERMINATION IN

SUPPLY AGREEMENT TERMINATION INCOME	12 Months Ended
	Dec. 31, 2014
SUPPLY AGREEMENT TERMINATION INCOME [Abstract]
Purchase and Supply Commitment, Excluding Long-term Commitment [Text Block]	. SUPPLY AGREEMENT TERMINATION INCOME Supply agreement termination income consisted of the following (amounts in thousands): 2014 2013 2012 Supply agreement termination income $ — $ — $ 26,134 The Company's April 2011 acquisition of Goodyear's farm tire business included a three year supply agreement with Goodyear for certain non-farm tire products. A liability was recorded as the supply agreement was for sales at below market prices. In May 2012, the Company and Goodyear terminated this supply agreement and entered into an agreement under which Titan will sell these products directly to third party customers and pay a royalty to Goodyear. The remaining balance of the supply agreement liability was recorded as income as the Company is no longer obligated to sell the products at below market prices.

CONVERTIBLE DEBT CONVERSION CHA

CONVERTIBLE DEBT CONVERSION CHARGE (Notes)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
CONVERTIBLE DEBT CONVERSION CHARGE [Text Block]	22. CONVERTIBLE DEBT CONVERSION CHARGE Convertible debt conversion charge consisted of the following (amounts in thousands): 2014 2013 2012 Convertible debt conversion charge $ — $ (7,273 ) $ — In the first quarter of 2013, the Company closed an Exchange Agreement with a note holder of its 5.625% convertible senior subordinated notes (convertible notes). The two parties privately negotiated an agreement to exchange approximately $52.7 million in aggregate principal amount of the convertible notes for approximately 4.9 million shares of the Company's common stock plus a cash payment totaling $14.2 million . In connection with the exchange, the Company recognized a charge of $7.3 million in accordance with accounting standards for debt conversion.

LOSS ON NOTE REPURCHASE

LOSS ON NOTE REPURCHASE	12 Months Ended
	Dec. 31, 2014
LOSS ON NOTE REPURCHASE [Abstract]
GAIN (LOSS) ON NOTE REPURCHASE	LOSS ON SENIOR NOTE REPURCHASE Loss on note repurchase consisted of the following (amounts in thousands): 2014 2013 2012 Loss on senior note repurchase $ — $ (22,734 ) $ — In the fourth quarter of 2013, Titan satisfied and discharged the indenture relating to the 7.875% senior secured notes due October 2017 (senior secured notes due 2017) by completing a tender offer settlement and redemption of all of its outstanding $525 million principal amount of the notes, including $325 million issued in 2013. In connection with this tender offer and redemption, the Company recorded expenses of $22.7 million . These expenses were related to early tender premium of $25.0 million , redemption premium of $8.1 million , unamortized deferred financing fees of $7.3 million , and other fees of $0.2 million , offset by unamortized premium on the notes of $(17.9) million .

NONCASH TITAN EUROPE PLC GAIN

NONCASH TITAN EUROPE PLC GAIN	12 Months Ended
	Dec. 31, 2014
NONCASH TITAN EUROPE PLC GAIN [Abstract]
Other Income and Other Expense Disclosure [Text Block]	24. NONCASH TITAN EUROPE GAIN Noncash Titan Europe gain consisted of the following (amounts in thousands): 2014 2013 2012 Noncash Titan Europe gain $ — $ — $ 26,700 In the fourth quarter of 2012, the Company acquired Titan Europe. Prior to the acquisition, Titan held a 21.8% ownership percentage in Titan Europe, which had a fair value on the acquisition date of $31.7 million . As a result of recording the fair value of the investment on the acquisition date, a gain of $26.7 million was recorded on Titan's previously held interest in Titan Europe. This gain was previously recorded in other comprehensive income (loss). OTHER INCOME (EXPENSE) Other income (expense) consisted of the following (amounts in thousands): 2014 2013 2012 Gain (loss) on sale of assets $ 3,438 $ (173 ) $ (707 ) Interest income 3,038 3,396 859 Discount amortization on prepaid royalty 2,712 3,296 3,736 Wheels India Limited equity income 2,108 1,430 401 Investment gain related to contractual obligation investments 1,116 1,315 1,022 Building rental income 903 846 710 Other income 343 1,825 802 Currency exchange loss (31,713 ) (4,920 ) — $ (18,055 ) $ 7,015 $ 6,823

EARTHQUAKE INSURANCE RECOVERY A

EARTHQUAKE INSURANCE RECOVERY AND GOVERNMENT GRANT (Notes)	12 Months Ended
	Dec. 31, 2014
GAIN ON EARTHQUAKE INSURANCE RECOVERY [Abstract]
Business Insurance Recoveries [Text Block]	Gain on earthquake insurance recovery consisted of the following (amounts in thousands): 2014 2013 2012 Gain on earthquake insurance recovery $ — $ 22,451 $ — Titan Europe's wheel manufacturing facility in Finale Emilia, Italy experienced damage from an earthquake in May 2012, prior to Titan's acquisition of Titan Europe. The plant was closed for production during initial remedial work. This resulted in a limited transfer of production to other facilities within Titan Europe as well as sourcing product from facilities in the U.S. owned by Titan and competitors. In the second quarter of 2013, Titan received a final insurance settlement payment of $38.7 million , which offset the earthquake insurance receivable and resulted in a gain of $22.5 million . In August of 2014, the Company received an $11.3 million capital grant from the Italian government for asset damages related to the earthquake. The grant was recorded as a deferred income in noncurrent liabilities which will be amortized over the life of the reconstructed building.

GAIN ON ACQUISITION (Notes)

GAIN ON ACQUISITION (Notes)	12 Months Ended
	Dec. 31, 2014
GAIN ON ACQUISITION [Abstract]
Other Nonoperating Income and Expense [Text Block]	GAIN ON ACQUISITION Gain on acquisition consisted of the following (amounts in thousands): 2014 2013 2012 Gain on acquisition $ — $ — $ 11,678 In the second quarter of 2013, Titan received a final insurance settlement payment regarding an earthquake Titan Europe's wheel manufacturing facility in Finale Emilia, Italy experienced in May 2012, prior to Titan's acquisition of Titan Europe. As a result of this information, the purchase price allocation of the Titan Europe acquisition has changed from that reported in the Form 10-K for the year ended December 31, 2012, and the 10-Q for the quarter ended March 31, 2013, and Titan has recorded a bargain purchase gain of $11.7 million for the year ended December 31, 2012.

OTHER INCOME

OTHER INCOME	12 Months Ended
	Dec. 31, 2014
Other Income and Expenses [Abstract]
OTHER INCOME, NET	24. NONCASH TITAN EUROPE GAIN Noncash Titan Europe gain consisted of the following (amounts in thousands): 2014 2013 2012 Noncash Titan Europe gain $ — $ — $ 26,700 In the fourth quarter of 2012, the Company acquired Titan Europe. Prior to the acquisition, Titan held a 21.8% ownership percentage in Titan Europe, which had a fair value on the acquisition date of $31.7 million . As a result of recording the fair value of the investment on the acquisition date, a gain of $26.7 million was recorded on Titan's previously held interest in Titan Europe. This gain was previously recorded in other comprehensive income (loss). OTHER INCOME (EXPENSE) Other income (expense) consisted of the following (amounts in thousands): 2014 2013 2012 Gain (loss) on sale of assets $ 3,438 $ (173 ) $ (707 ) Interest income 3,038 3,396 859 Discount amortization on prepaid royalty 2,712 3,296 3,736 Wheels India Limited equity income 2,108 1,430 401 Investment gain related to contractual obligation investments 1,116 1,315 1,022 Building rental income 903 846 710 Other income 343 1,825 802 Currency exchange loss (31,713 ) (4,920 ) — $ (18,055 ) $ 7,015 $ 6,823

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income (loss) before income taxes, consisted of the following (amounts in thousands): 2014 2013 2012 Domestic $ (47,730 ) $ 27,023 $ 178,686 Foreign (104,514 ) 27,711 13,565 $ (152,244 ) $ 54,734 $ 192,251 The income tax provision (benefit) was as follows (amounts in thousands): 2014 2013 2012 Current Federal $ (2,753 ) $ 11,853 $ 47,616 State 258 5,398 13,537 Foreign 5,476 11,800 8,290 2,981 29,051 69,443 Deferred Federal (11,670 ) (8,473 ) 14,179 State (1,205 ) (316 ) 1,235 Foreign (11,925 ) 4,785 1,756 (24,800 ) (4,004 ) 17,170 Income tax provision (benefit) $ (21,819 ) $ 25,047 $ 86,613 The income tax provision differs from the amount of income tax determined by applying the statutory U.S. federal income tax rate to pre-tax income (loss) as a result of the following: 2014 2013 2012 Statutory U.S. federal tax rate 35.0 % 35.0 % 35.0 % Unrecognized tax positions 0.7 6.2 3.5 Impact of foreign income (0.4 ) 4.5 6.1 Italian law change — (14.2 ) — Goodwill impairment (10.6 ) — — Valuation allowance (11.3 ) 19.0 — State taxes, net 0.8 1.9 2.5 Domestic production exemption — (3.2 ) (3.1 ) Debt conversion (benefit) expense 1.5 (1.0 ) — Section 162m limitation — — 2.5 Write off of Titan Europe deferred tax asset — — 2.0 Bargain purchase gain — — (2.0 ) Other, net (1.4 ) (2.4 ) (1.4 ) Effective tax rate 14.3 % 45.8 % 45.1 % The Company's 2014 income tax benefit and rate differs from the amount of income tax determined by applying the U.S. Federal income tax rate to pre-tax income primarily as a result of the requirement of a valuation allowance in certain companies and the non-deductible goodwill impairment. The 2013 effective rate was impacted by a change in Italian law making the insurance proceeds from the earthquake non-taxable. In addition, as a result of the reassessment of the realizability of the deferred tax assets due to Italian law change, a valuation allowance was established on the Italy net deferred tax assets. Other items contributing to the rate difference are state income tax expense, unrecognized tax benefits, foreign earnings, domestic production activities deduction, and tax deductible expenses related to the convertible notes repurchase. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities at December 31, 2014 and 2013, are as follows (amounts in thousands): 2014 2013 Deferred tax assets: Net operating loss carryforwards $ 55,590 $ 41,933 Pension 8,590 6,269 Inventory 7,807 3,564 Warranty 9,945 11,460 Employee benefits and related costs 15,967 13,146 Allowance for bad debts 1,254 3,773 Prepaid royalties 7,960 8,464 Other 14,551 14,929 Deferred tax assets 121,664 103,538 Deferred tax liabilities: Fixed assets (50,009 ) (71,749 ) Intangible Assets (6,043 ) (8,454 ) Other (3,027 ) (5,957 ) Deferred tax liabilities (59,079 ) (86,160 ) Subtotal 62,585 17,378 Valuation allowance (45,241 ) (37,185 ) Net deferred tax asset (liability) $ 17,344 $ (19,807 ) As of December 31, 2014 and 2013 certain tax loss carryforwards of $55.6 million and $41.9 million are available with $2.2 million expiring from 2015 through 2019 and $53.4 million expiring after 2019. At December 31, 2014, a valuation allowance of $45.2 million had been established. The majority of the valuation allowance is related to deferred tax assets on net operating losses in Italy, state net operating losses in the US, and net operating losses in Australia. At December 31, 2013, a valuation allowance of $37.2 million had been established, of which a majority was to offset the net operating loss carryforwards due to uncertainty of future income in the relevant taxing jurisdictions. At December 31, 2014, U.S. income taxes have not been provided on approximately $122.5 million of unremitted earnings of subsidiaries operating outside the U.S. These earnings, which are considered to be invested indefinitely, would become subject to income tax if they were remitted as dividends, were lent to the Company or a U.S. affiliate, or if the Company were to sell its stock in the subsidiaries. The amount of unrecognized deferred U.S. income tax liability on these unremitted earnings is insignificant. The Company intends to file a "check the box" election for Titan Pneus Do Brazil during the first quarter of 2015. This election will change the tax status of this company from a disregarded entity to a regarded corporation for U.S. tax purposes. The tax impacts of this election as well as the effective date are still being evaluated. The Company has applied the provisions of ASC 740, “Income Taxes” related to unrecognized tax benefits. No adjustment was made to retained earnings in adopting these provisions in 2007. At December 31, 2014, 2013, and 2012, the unrecognized tax benefits were $18.1 million , $17.8 million , and $14.3 million respectively. As of December 31, 2014, $12.1 million of unrecognized tax benefits would affect income tax expense if the tax benefits were recognized. The majority of the accrual in unrecognized tax benefits relates to potential state tax exposures. Although management cannot predict with any degree of certainty the timing of ultimate resolution of matters under review by various taxing jurisdictions, it is unlikely that the Company’s gross unrecognized tax benefits balance will change significantly within the next twelve months. Titan has identified the United States, the State of Illinois, Italy, United Kingdom, and Brazil as “major” tax jurisdictions. The Company is subject to U.S. Federal tax examinations for years 2010 to 2014. Various state and foreign income tax returns are also subject to examination. Generally, tax years 2011 and forward remain open under state statutes of limitations and tax years 2009 and forward remain open under foreign statutes of limitations. A reconciliation of the total amounts of unrecognized tax benefits at December 31 were as follows (amounts in thousands): 2014 2013 2012 Balance at January 1 15,363 11,872 — Increases to tax positions taken during the current year 190 4,256 6,050 Increases to tax positions taken during the prior years 3,131 433 5,822 Decreases to tax positions taken during prior years (1,806 ) (250 ) — Decreases due to lapse of statutes of limitations (802 ) (272 ) — Settlements (656 ) (721 ) — Foreign exchange (100 ) 45 — Balance at December 31 15,320 15,363 11,872 The Company accrues interest and penalties related to unrecognized tax benefits in income tax expense. The amount of interest and penalties related to unrecognized tax benefits recorded in income tax expense was $0.3 million , $0.1 million and $2.4 million at December 31, 2014, 2013 and 2012. The reconciliation of unrecognized tax benefits above does not include accrued interest and penalties of $2.8 million , $2.5 million , and $2.4 million , at December 31, 2014, 2013 and 2012, respectively.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Pension plans The Company has three frozen defined benefit pension plans covering certain employees or former employees of three U.S. subsidiaries. The Company also has pension plans covering certain employees of several foreign subsidiaries. The Company’s policy is to fund pension costs as required by law, which is consistent with the funding requirements of federal laws and regulations. Certain foreign subsidiaries maintain unfunded pension plans consistent with local practices and requirements. The following table provides the change in benefit obligation, change in plan assets, funded status and amounts recognized in the consolidated balance sheet of the defined benefit pension plans as of December 31, 2014 and 2013 (amounts in thousands): Change in benefit obligation: 2014 2013 Benefit obligation at beginning of year $ 123,182 $ 139,104 Service cost 618 850 Interest cost 5,653 5,408 Actuarial (gain) loss 9,382 (12,848 ) Benefits paid (9,187 ) (9,258 ) Foreign currency translation (2,882 ) (74 ) Benefit obligation at end of year $ 126,766 $ 123,182 Change in plan assets: Fair value of plan assets at beginning of year $ 83,952 $ 78,168 Actual return on plan assets 3,912 10,255 Employer contributions 5,685 4,674 Benefits paid (9,032 ) (9,223 ) Foreign currency translation (236 ) 78 Fair value of plan assets at end of year $ 84,281 $ 83,952 Unfunded status at end of year $ (42,485 ) $ (39,230 ) Amounts recognized in consolidated balance sheet: Noncurrent assets $ 537 $ 539 Current liabilities (3,569 ) — Noncurrent liabilities (39,453 ) (39,769 ) Net amount recognized in the consolidated balance sheet $ (42,485 ) $ (39,230 ) The pension benefit obligation included $104.5 million of pension benefit obligation for the three frozen plans in the U.S. and $22.3 million of pension benefit obligation for plans at foreign subsidiaries. The fair value of plan assets included $82.5 million of plan assets for the three frozen plans in the U.S. and $1.8 million of plan assets for foreign plans. Amounts recognized in accumulated other comprehensive loss: 2014 2013 Unrecognized prior service cost $ (618 ) $ (754 ) Unrecognized net loss (41,370 ) (33,070 ) Deferred tax effect of unrecognized items 15,929 12,894 Net amount recognized in accumulated other comprehensive loss $ (26,059 ) $ (20,930 ) The weighted-average assumptions used in the actuarial computation that derived the benefit obligations at December 31 were as follows: 2014 2013 Discount rate 4.1 % 4.8 % Expected long-term return on plan assets 7.4 % 7.4 % The following table provides the components of net periodic pension cost for the plans, settlement cost and the assumptions used in the measurement of the Company’s benefit obligation for the years ended December 31, 2014 , 2013 and 2012 (amounts in thousands): Components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss) Net periodic benefit cost: 2014 2013 2012 Service cost $ 618 $ 850 $ 380 Interest cost 5,653 5,408 5,082 Assumed return on assets (6,068 ) (5,585 ) (5,022 ) Amortization of unrecognized prior service cost 137 137 137 Amortization of net unrecognized loss 3,033 5,264 5,195 Net periodic pension cost $ 3,373 $ 6,074 $ 5,772 The estimated net loss and prior service cost that will be amortized from accumulated other comprehensive income (loss) into net periodic benefit cost over the next fiscal year are $2.9 million and $0.1 million , respectively. The weighted-average assumptions used in the actuarial computation that derived net periodic pension cost for the years ended December 31, 2014 , 2013 and 2012 were as follows: 2014 2013 2012 Discount rate 5.9 % 4.7 % 4.3 % Expected long-term return on plan assets 7.4 % 7.4 % 7.5 % The allocation of the fair value of plan assets was as follows: Percentage of Plan Assets at December 31, Target Allocation Asset Category 2014 2013 2015 U.S. equities (a) 61 % 58 % 40% - 80% Fixed income 25 % 23 % 20% - 50% Cash and cash equivalents 5 % 7 % 0% - 20% International equities (a) 9 % 12 % 0% - 16% 100 % 100 % (a) Total equities may not exceed 80% of total plan assets. The majority of the Company's foreign plans do not have plan assets. The one foreign plan which has plan assets holds these plan assets in an insurance fund. The fair value of the plan assets by asset categories at December 31, 2014 was as follows (amounts in thousands): Fair Value Measurements as of December 31, 2014 Total Level 1 Level 2 Level 3 Money market funds $ 3,325 $ 3,325 $ — $ — Domestic common stock 32,472 32,472 — — Foreign common stock 3,986 3,986 — — Corporate bonds 5,875 5,875 — — Foreign bonds 1,611 — 1,611 — U.S. government securities 14 14 — — Insurance fund 1,799 — 1,799 — Common / collective trusts 35,199 912 34,287 — Totals $ 84,281 $ 46,584 $ 37,697 $ — The fair value of the plan assets by asset categories at December 31, 2013 was as follows (amounts in thousands): Fair Value Measurements as of December 31, 2013 Total Level 1 Level 2 Level 3 Money market funds $ 6,051 $ 6,051 $ — $ — Domestic common stock 32,757 32,757 — — Foreign common stock 4,921 4,921 — — Corporate bonds 4,012 4,012 — — Foreign bonds 519 — 519 — U.S. government securities 18 18 — — Mutual funds — — — — Insurance funds 1,974 — 1,974 — Common / collective trusts 33,700 — 33,700 — Totals $ 83,952 $ 47,759 $ 36,193 $ — The Company invests in a diversified portfolio consisting of an array of asset classes in an attempt to maximize returns while minimizing risk. These asset classes include U.S. equities, fixed income, cash and cash equivalents, and international equities. The investment objectives are to provide for the growth and preservation of plan assets on a long-term basis through investments in: (i) investment grade securities that provide investment returns that meet or exceed the Standard & Poor’s 500 Index and (ii) investment grade fixed income securities that provide investment returns that meet or exceed the Barclays Capital Aggregate Bond Index. The U.S. equities asset category included the Company’s common stock in the amount of $1.8 million (approximately two percent of total plan assets) at December 31, 2014, and $3.1 million (approximately four percent of total plan assets) at December 31, 2013. The fair value of money market funds, stock, bonds, U.S. government securities and mutual funds are determined based on valuation for identical instruments in active markets. The fair value of common and collective trusts is determined based on the fair value of the underlying instruments. The long-term rate of return for plan assets is determined using a weighted-average of long-term historical approximate returns on cash and cash equivalents, fixed income securities, and equity securities considering the anticipated investment allocation within the plans. The expected return on plan assets is anticipated to be 7.4% over the long-term. This rate assumes long-term historical returns of approximately 9% for equities and approximately 6% for fixed income securities using the plans’ target allocation percentages. Professional investment firms, none of which are Titan employees, manage the plan assets. Although the 2015 minimum pension funding calculations are not finalized, the Company estimates those funding requirements will be approximately $6 million . Projected benefit payments from the plans as of December 31, 2014 , are estimated as follows (amounts in thousands): 2015 $ 8,924 2016 8,942 2017 8,883 2018 8,864 2019 8,547 2020-2024 43,137 401(k)/Defined contribution plans The Company sponsors four 401(k) retirement savings plans in the U.S. and a number of defined contribution plans at foreign subsidiaries. One U.S. plan is for the benefit of substantially all employees who are not covered by a collective bargaining arrangement. Titan provides a 25% matching contribution in the form of the Company’s common stock on the first 6% of the employee’s contribution in this plan. The Company issued 39,935 shares, 35,207 shares and 27,562 shares of treasury stock in connection with this 401(k) plan during 2014, 2013 and 2012, respectively. Expenses to the Company related to this common stock matching contribution were $0.6 million , $0.7 million and $0.6 million for 2014, 2013 and 2012, respectively. The other three U.S. 401(k) plans are for employees covered by collective bargaining agreements and do not include a Company matching contribution. Expenses related to foreign defined contribution plans were $4.7 million , $4.1 million and $0.8 million for 2014, 2013 and 2012, respectively.

STOCK COMPENSATION

STOCK COMPENSATION	12 Months Ended
	Dec. 31, 2014
STOCK OPTION PLANS [Abstract]
STOCK OPTION PLANS	STOCK COMPENSATION The Company accounts for stock compensation using ASC 718 Compensation – Stock Compensation. The Company recorded stock compensation of $5.4 million , $4.8 million and $4.1 million in 2014, 2013 and 2012, respectively. Options to the Board of Directors vest immediately and options to employees vest over three years. All options expire 10 years from the grant date. The restricted stock awards vest over four years. 2005 Equity Incentive Plan The Company adopted the 2005 Equity Incentive Plan to provide stock compensation as a means of attracting and retaining qualified independent directors and employees for the Company. A total of 1.7 million shares are available for future issuance under the equity incentive plan. The exercise price of stock options may not be less than the fair market value of the common stock on the date of the grant. The vesting and term of each option is set by the Board of Directors. The Company granted 59,000 stock options under this plan in 2014, 60,000 stock options under this plan in 2013, and 45,000 stock options under this plan in 2012. The Company granted 10,000 restricted stock awards under this plan in 2014, 225,750 restricted stock awards under this plan in 2013, and 293,000 restricted stock awards under this plan in 2012. Stock Options The following is a summary of activity in stock options for 2014: Shares Subject to Option Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value (in thousands) Outstanding, December 31, 2013 1,154,069 $ 18.18 Granted 59,000 16.37 Exercised (8,971 ) 15.75 Forfeited/Expired (26,025 ) 18.93 Outstanding, December 31, 2014 1,178,073 18.09 5.03 $ — Exercisable, December 31, 2014 1,178,073 18.09 5.03 $ — The total intrinsic value of options exercised in 2014 was $0.0 million . Cash received from the exercise of stock options was $0.1 million for 2014. Tax benefit realized for the tax deductions from stock options exercised was $0.0 million for 2014. The weighted-average per share estimated grant date fair value of options issued in 2014 was $9.97 . The Company has no pre-tax unrecognized compensation expense for stock options at December 31, 2014. The total intrinsic value of options exercised in 2013 was $0.4 million . Cash received from the exercise of stock options was $1.0 million for 2013. Tax benefit realized for the tax deductions from stock options exercised was $0.2 million in 2013. The weighted-average per share estimated grant date fair value of options issued in 2013 was $14.51 . The total intrinsic value of options exercised in 2012 was $1.0 million . Cash received from the exercise of stock options was $0.9 million for 2012. Tax benefit realized for the tax deductions from stock options exercised was $0.4 million in 2012. The weighted-average per share estimated grant date fair value of options issued in 2012 was $13.39 . The Company currently uses treasury shares to satisfy any stock option exercises. At December 31, 2014, the Company had 1.5 million shares of treasury stock. Valuation Assumptions The Company uses the Black-Scholes option pricing model to determine the fair value of its stock options. The determination of the fair value of stock option awards on the date of grant using option pricing models is affected by the Company’s stock price, as well as assumptions regarding a number of complex and subjective variables. These variables include the Company’s expected stock price volatility over the expected term of the awards, actual and projected stock option exercise behaviors, risk-free interest rates and expected dividends. The expected term of options represents the period of time over which options are expected to be outstanding and is estimated based on historical experience. Expected volatility is based on the historical volatility of the Company’s common stock calculated over the expected term of the option. The risk-free interest rate is based on U.S. Treasury yields in effect at the date of grant. Weighted average assumptions used for stock options issued in 2014, 2013 and 2012: 2014 2013 2012 Expected life (in years) 6.0 6.0 6.0 Expected volatility 67.8 % 68.4 % 67.0 % Expected dividends 0.1 % 0.1 % 0.1 % Risk-free interest rate 1.80 % 1.01 % 0.93 % Restricted Stock Shares Weighted Average Grant Date Fair Value Unvested at December 31, 2013 518,000 19.6 Granted 10,000 16.76 Vested (139,250 ) 20.83 Forfeited/Expired (46,250 ) 19.46 Unvested at December 31, 2014 342,500 19.04 Pre-tax unrecognized compensation expense for unvested restricted stock was $4.7 million at December 31, 2014, and will be recognized as an expense over a weighted-average period of 2.6 years.

LITIGATION

LITIGATION	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	LITIGATION The Company is a party to routine legal proceedings arising out of the normal course of business. Although it is not possible to predict with certainty the outcome of these unresolved legal actions or the range of possible loss, the Company believes at this time that none of these actions, individually or in the aggregate, will have a material adverse effect on the consolidated financial condition, results of operations or cash flows of the Company. However, due to the difficult nature of predicting unresolved and future legal claims, the Company cannot anticipate or predict the material adverse effect on its consolidated financial condition, results of operations or cash flows as a result of efforts to comply with or its liabilities pertaining to legal judgments.

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Dec. 31, 2014
Leases, Operating [Abstract]
LEASE COMMITMENTS	LEASE COMMITMENTS The Company leases certain buildings and equipment under operating leases. Certain lease agreements provide for renewal options, fair value purchase options, and payment of property taxes, maintenance and insurance by the Company. Total rental expense was $10.2 million , $7.6 million and $2.2 million for the years ended December 31, 2014, 2013 and 2012, respectively. At December 31, 2014 , future minimum rental commitments under noncancellable operating leases with initial or remaining terms in excess of one year are as follows (amounts in thousands): 2015 $ 6,874 2016 5,824 2017 3,996 2018 2,235 2019 1,451 Thereafter 1,885 Total future minimum lease payments $ 22,265 At December 31, 2014 , the Company had assets held as capital leases with a net book value of $10.8 million included in property, plant and equipment. Total future capital lease obligations relating to these leases are as follows (amounts in thousands): 2015 $ 1,522 2016 1,015 2017 526 2018 115 2019 88 Thereafter 5 Total future capital lease obligation payments 3,271 Less amount representing interest (71 ) Present value of future capital lease obligation payments $ 3,200

CONCENTRATION OF CREDIT RISK

CONCENTRATION OF CREDIT RISK	12 Months Ended
	Dec. 31, 2014
CONCENTRATION OF CREDIT RISK [Abstract]
Concentration Risk Disclosure [Text Block]	CONCENTRATION OF CREDIT RISK Net sales to Deere & Company in Titan’s agricultural, earthmoving/construction and consumer markets represented 12% of the Company’s consolidated revenues for the year ended December 31, 2014 , 13% of the Company’s consolidated revenues for the year ended December 31, 2013 , and 19% of the Company’s consolidated revenues for the year ended December 31, 2012 . Net sales to CNH Global N.V. in Titan’s three customer markets represented 9% of the Company’s consolidated revenues for the year ended December 31, 2014 , 9% of the Company’s consolidated revenues for the year ended December 31, 2013 , and 10% of the Company’s consolidated revenues for the year ended December 31, 2012 . No other customer accounted for more than 10% of Titan’s net sales in 2014, 2013 or 2012.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	RELATED PARTY TRANSACTIONS The Company sells products and pays commissions to companies controlled by persons related to the chief executive officer of the Company. The related party is Mr. Fred Taylor and is Mr. Maurice Taylor’s brother. The companies which Mr. Fred Taylor is associated with that do business with Titan include the following: Blackstone OTR, LLC; FBT Enterprises; Green Carbon, INC; and OTR Wheel Engineering. During 2014, 2013 and 2012, sales of Titan product to these companies were approximately $2.6 million , $3.0 million and $2.1 million , respectively. Titan had trade receivables due from these companies of approximately $0.2 million at December 31, 2014 , and approximately $0.2 million at December 31, 2013 . On other sales referred to Titan from these manufacturing representative companies, commissions were approximately $2.4 million , $2.5 million and $2.8 million during 2014, 2013 and 2012, respectively. Titan had purchases from these companies of approximately $9.9 million and $0.8 million during 2014 and 2013, respectively. In July 2013, the Company entered into a Shareholders’ Agreement between One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF) to acquire Voltyre-Prom, a leading producer of agricultural and industrial tires located in Volgograd, Russia. Mr. Richard M. Cashin, a director of the Company, is President of OEP which owns 26.1% of the joint venture. The Shareholder’s agreement contains a settlement put option which may require the Company to purchase shares from OEP and RDIF at a value set by the agreement. See note 39 for additional information. The Company has a 34.2% equity stake in Wheels India Limited, a company incorporated in India and listed on the National Stock Exchange in India. The Company had trade payables due to Wheels India of approximately $0.1 million at December 31, 2014 , and approximately $0.3 million at December 31, 2013 .

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Information	SEGMENT AND GEOGRAPHICAL INFORMATION The Company has aggregated its operating units into reportable segments based on its three customer markets: agricultural, earthmoving/construction and consumer. These segments are based on the information used by the chief executive officer to make certain operating decisions, allocate portions of capital expenditures and assess segment performance. The accounting policies of the segments are the same as those described in Note 1, “Description of Business and Significant Accounting Policies.” Segment external revenues, expenses and income from operations are determined on the basis of the results of operations of operating units of manufacturing facilities. Segment assets are generally determined on the basis of the tangible assets located at such operating units’ manufacturing facilities and the intangible assets associated with the acquisitions of such operating units. However, certain operating units’ goodwill and property, plant and equipment balances are carried at the corporate level. Titan is organized primarily on the basis of products being included in three marketing segments, with each reportable segment including wheels, tires, wheel/tire assemblies and undercarriage systems and components. The table below presents information about certain operating results of segments as reviewed by the chief operating decision maker of the Company as of and for the years ended December 31, 2014 , 2013 and 2012 . (amounts in thousands): 2014 2013 2012 Revenues from external customers Agricultural $ 1,016,882 $ 1,182,187 $ 1,080,412 Earthmoving/construction 610,596 749,115 501,617 Consumer 268,049 232,293 238,649 $ 1,895,527 $ 2,163,595 $ 1,820,678 Gross profit Agricultural $ 134,688 $ 198,910 $ 206,376 Earthmoving/construction (7,609 ) 83,358 74,348 Consumer 16,250 15,542 16,366 Unallocated corporate (2,686 ) (2,620 ) (2,951 ) $ 140,643 $ 295,190 $ 294,139 Income (loss) from operations Agricultural $ 63,838 $ 151,841 $ 178,587 Earthmoving/construction (80,600 ) 22,008 47,310 Consumer (8,766 ) 1,630 32,243 Unallocated corporate (72,097 ) (73,084 ) (83,432 ) Consolidated income (loss) from operations (97,625 ) 102,395 174,708 Interest expense (36,564 ) (47,120 ) (27,658 ) Convertible debt conversion charge — (7,273 ) — Loss on senior note repurchase — (22,734 ) — Noncash Titan Europe Plc gain — — 26,700 Gain on earthquake insurance recovery — 22,451 — Gain on acquisition — — 11,678 Other income (expense), net (18,055 ) 7,015 6,823 Income (loss) before income taxes $ (152,244 ) $ 54,734 $ 192,251 Capital expenditures Agricultural $ 17,448 $ 28,763 $ 26,886 Earthmoving/construction 29,190 35,702 26,508 Consumer 7,608 7,393 4,100 Unallocated corporate 4,193 8,273 8,246 $ 58,439 $ 80,131 $ 65,740 Depreciation & amortization Agricultural $ 37,996 $ 29,781 $ 20,435 Earthmoving/construction 36,608 40,272 24,192 Consumer 9,743 6,246 5,855 Unallocated corporate 4,357 4,323 3,613 $ 88,704 $ 80,622 $ 54,095 Total assets Agricultural $ 508,741 $ 725,032 $ 555,020 Earthmoving/construction 591,553 749,564 841,502 Consumer 175,475 172,320 140,592 Unallocated corporate (a) 219,955 174,315 173,121 $ 1,495,724 $ 1,821,231 $ 1,710,235 (a) Unallocated assets include cash of approximately $133 million , $82 million , and $103 million at year-end 2014, 2013 and 2012, respectively. The table below presents information by geographic area. Revenues from external customers were determined based on the location of the selling subsidiary. Geographic information as of and for the years ended December 31, 2014 , 2013 and 2012 was as follows (amounts in thousands): 2014 United States Brazil Other Countries Consolidated Totals Revenues from external customers $ 904,097 $ 352,342 $ 639,088 $ 1,895,527 Long-lived assets 223,797 80,414 223,203 527,414 2013 Revenues from external customers $ 1,159,061 $ 397,426 $ 607,108 $ 2,163,595 Long-lived assets 266,413 101,282 313,187 680,882 2012 Revenues from external customers $ 1,356,264 $ 328,005 $ 136,409 $ 1,820,678 Long-lived assets 262,064 112,480 218,741 593,285

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Earnings per share for 2014 , 2013 and 2012 , are (amounts in thousands, except per share data): 2014 (As restated) 2013 2012 Net income (loss) attributable to Titan $ (80,461 ) $ 35,205 $ 107,231 Redemption value adjustment (49,277 ) — — Net income (loss) applicable to common shareholders (129,738 ) 35,205 107,231 Effect of convertible notes — 2,600 4,572 Net income (loss) applicable to common shareholders and assumed conversions $ (129,738 ) $ 37,805 $ 111,803 Determination of Shares: Weighted average shares outstanding (basic) 53,497 53,039 43,380 Effect of stock options/trusts — 258 254 Effect of convertible notes — 6,225 11,028 Weighted average shares outstanding (diluted) 53,497 59,522 54,662 Earnings per share: Basic $ (2.43 ) $ 0.66 $ 2.47 Diluted $ (2.43 ) $ 0.64 $ 2.05 The effect of stock options/trusts has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 0.2 million . The effect of convertible notes has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 5.6 million shares.

SUPPLEMENTARY DATA - QUARTERLY

SUPPLEMENTARY DATA - QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2014
SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]
SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (All amounts in thousands, except per share data) Quarter ended March 31 June 30 September 30 December 31 Year ended December 31 2014 Net sales $ 538,940 $ 523,731 $ 449,579 $ 383,277 $ 1,895,527 Gross profit 54,550 22,560 (a) 45,299 18,234 140,643 Titan net income (loss) 2,163 (20,511 ) (a) (9,067 ) (53,046 ) (b) (80,461 ) Per share amounts: Basic (As restated) .02 (.40 ) (a) (.47 ) (1.58 ) (b) (2.43 ) (c) Diluted (As restated) .02 (.40 ) (a) (.47 ) (1.58 ) (b) (2.43 ) (c) 2013 Net sales $ 578,387 $ 593,291 $ 497,510 $ 494,407 $ 2,163,595 Gross profit 96,751 86,655 62,506 49,278 295,190 Titan net income (loss) 19,475 (d) 23,217 (e) 8,093 (15,580 ) (f) 35,205 Per share amounts: Basic .38 (d) .43 (e) .15 (.29 ) (f) .66 (c) Diluted .34 (d) .40 (e) .15 (.29 ) (f) .64 (c) (a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014. (b) Noncash goodwill impairment charge of $36.6 million was included in the quarter ended December 31, 2014. (c) As a result of changes in outstanding share balances and dilution factors, year-end per share amounts may not agree to the sum of the quarters. (d) Convertible debt conversion charge of $7.3 million was included in the quarter ended March 31, 2013. (e) Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013. (f) Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.

SUBSIDIARY GUARANTOR FINANCIAL

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2014
Senior Secured Notes 6.875 Percent [Member]
Condensed Financial Statements, Captions [Line Items]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	SUBSIDIARY GUARANTOR FINANCIAL INFORMATION The Company's 6.875% senior secured notes due 2020 and 5.625% convertible senior subordinated notes due 2017 are guaranteed by the following 100% owned subsidiaries of the Company: Titan Tire Corporation, Titan Tire Corporation of Bryan, Titan Tire Corporation of Freeport, and Titan Wheel Corporation of Illinois. The note guarantees are full and unconditional, joint and several obligations of the guarantors. The guarantees of the guarantor subsidiaries are subject to release in limited circumstances only upon the occurrence of certain customary conditions. The following condensed consolidating financial statements are presented using the equity method of accounting. Certain sales & marketing expenses recorded by non-guarantor subsidiaries have not been allocated to the guarantor subsidiaries. (Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 879,982 $ 1,015,545 $ — $ 1,895,527 Cost of sales 927 800,310 953,647 — 1,754,884 Gross profit (loss) (927 ) 79,672 61,898 — 140,643 Selling, general and administrative expenses 12,887 71,548 89,179 — 173,614 Research and development expenses 72 5,309 8,624 — 14,005 Royalty expense — 7,620 6,458 — 14,078 Noncash goodwill impairment charge — — 36,571 — 36,571 Loss from operations (13,886 ) (4,805 ) (78,934 ) — (97,625 ) Interest expense (32,783 ) — (3,781 ) — (36,564 ) Intercompany interest income (expense) 6,416 2,346 (8,762 ) — — Other income (expense) 4,258 14 (22,327 ) — (18,055 ) Loss before income taxes (35,995 ) (2,445 ) (113,804 ) — (152,244 ) Benefit for income taxes (12,765 ) (374 ) (8,680 ) — (21,819 ) Equity in earnings of subsidiaries (107,195 ) — (26,213 ) 133,408 — Net income (loss) (130,425 ) (2,071 ) (131,337 ) 133,408 (130,425 ) Net loss noncontrolling interests — — (49,964 ) — (49,964 ) Net income (loss) attributable to Titan $ (130,425 ) $ (2,071 ) $ (81,373 ) $ 133,408 $ (80,461 ) (Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 1,139,366 $ 1,024,229 $ — $ 2,163,595 Cost of sales 1,157 936,022 931,226 — 1,868,405 Gross profit (loss) (1,157 ) 203,344 93,003 — 295,190 Selling, general and administrative expenses 9,608 73,196 84,567 — 167,371 Research and development expenses (35 ) 5,563 5,637 — 11,165 Royalty expense — 7,327 6,932 — 14,259 Income (loss) from operations (10,730 ) 117,258 (4,133 ) — 102,395 Interest expense (38,761 ) — (8,359 ) — (47,120 ) Convertible debt conversion charge (7,273 ) — — — (7,273 ) Loss on note repurchase (22,734 ) — — — (22,734 ) Gain on earthquake insurance — — 22,451 — 22,451 Intercompany interest income (expense) 7,488 2,024 (9,512 ) — — Other income (expense) 4,189 (78 ) 2,904 — 7,015 Income (loss) before income taxes (67,821 ) 119,204 3,351 — 54,734 Provision (benefit) for income taxes (26,770 ) 42,528 9,289 — 25,047 Equity in earnings of subsidiaries 70,738 — 43,605 (114,343 ) — Net income (loss) 29,687 76,676 37,667 (114,343 ) 29,687 Net loss noncontrolling interests — — (5,518 ) — (5,518 ) Net income (loss) attributable to Titan $ 29,687 $ 76,676 $ 43,185 $ (114,343 ) $ 35,205 (Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 1,325,145 $ 495,533 $ — $ 1,820,678 Cost of sales 1,065 1,051,447 474,027 — 1,526,539 Gross profit (loss) (1,065 ) 273,698 21,506 — 294,139 Selling, general and administrative expenses 9,993 87,481 28,683 — 126,157 Research and development expenses 381 5,741 1,026 — 7,148 Royalty expense — 7,029 5,231 — 12,260 Supply agreement termination income — — (26,134 ) — (26,134 ) Income (loss) from operations (11,439 ) 173,447 12,700 — 174,708 Interest expense (24,066 ) — (3,592 ) — (27,658 ) Noncash Titan Europe gain 26,700 — — — 26,700 Gain on acquisition 11,678 — — — 11,678 Intercompany interest income (expense) 285 2,051 (2,336 ) — — Other income (expense) 4,847 (716 ) 2,692 — 6,823 Income before income taxes 8,005 174,782 9,464 — 192,251 Provision for income taxes 19,327 60,488 6,798 — 86,613 Equity in earnings of subsidiaries 116,960 — 77,748 (194,708 ) — Net income (loss) 105,638 114,294 80,414 (194,708 ) 105,638 Net loss noncontrolling interests — — — (1,593 ) (1,593 ) Net income (loss) attributable to Titan $ 105,638 $ 114,294 $ 80,414 $ (193,115 ) $ 107,231 (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (130,425 ) $ (2,071 ) $ (131,337 ) $ 133,408 $ (130,425 ) Currency translation adjustment, net (63,424 ) — (63,424 ) 63,424 (63,424 ) Pension liability adjustments, net of tax (5,129 ) (4,557 ) (572 ) 5,129 (5,129 ) Comprehensive income (loss) (198,978 ) (6,628 ) (195,333 ) 201,961 (198,978 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (68,856 ) — (68,856 ) Comprehensive income (loss) attributable to Titan $ (198,978 ) $ (6,628 ) $ (126,477 ) $ 201,961 $ (130,122 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 29,687 $ 76,676 $ 37,667 $ (114,343 ) $ 29,687 Unrealized gain (loss) on investments, net of tax (3 ) — (3 ) 3 (3 ) Currency translation adjustment, net (24,287 ) — (24,287 ) 24,287 (24,287 ) Pension liability adjustments, net of tax 14,749 11,472 3,277 (14,749 ) 14,749 Comprehensive income (loss) 20,146 88,148 16,654 (104,802 ) 20,146 Net comprehensive loss attributable to noncontrolling interests — — (9,734 ) — (9,734 ) Comprehensive income (loss) attributable to Titan $ 20,146 $ 88,148 $ 26,388 $ (104,802 ) $ 29,880 (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 105,638 $ 114,294 $ 80,414 $ (194,708 ) $ 105,638 Unrealized gain (loss) on investments, net of tax 1,733 — 1,733 (1,733 ) 1,733 Noncash Titan Europe gain, net of tax (17,208 ) — (17,208 ) 17,208 (17,208 ) Currency translation adjustment, net (7,191 ) — (7,191 ) 7,191 (7,191 ) Pension liability adjustments, net of tax (642 ) 954 (1,596 ) 642 (642 ) Comprehensive income (loss) 82,330 115,248 56,152 (171,400 ) 82,330 Net comprehensive loss attributable to noncontrolling interests — — — (2,007 ) (2,007 ) Comprehensive income (loss) attributable to Titan $ 82,330 $ 115,248 $ 56,152 $ (169,393 ) $ 84,337 (Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (As restated) (As restated) (As restated) Assets Cash and cash equivalents $ 129,985 $ 4 $ 71,462 $ — $ 201,451 Accounts receivable (55 ) 63,645 135,788 — 199,378 Inventories — 103,230 228,202 — 331,432 Prepaid and other current assets 26,803 21,105 55,761 — 103,669 Total current assets 156,733 187,984 491,213 — 835,930 Property, plant and equipment, net 7,590 160,318 359,506 — 527,414 Investment in subsidiaries 745,084 — 109,768 (854,852 ) — Other assets 51,381 827 80,172 — 132,380 Total assets $ 960,788 $ 349,129 $ 1,040,659 $ (854,852 ) $ 1,495,724 Liabilities and Stockholders’ Equity Short-term debt $ — $ — $ 26,233 $ — $ 26,233 Accounts payable 1,795 10,876 133,634 — 146,305 Other current liabilities 28,519 45,291 55,208 — 129,018 Total current liabilities 30,314 56,167 215,075 — 301,556 Long-term debt 460,161 — 36,342 — 496,503 Other long-term liabilities 15,244 20,867 71,496 — 107,607 Intercompany accounts (56,426 ) (228,307 ) 284,733 — — Redeemable noncontrolling interest — — 71,192 — 71,192 Titan stockholders' equity 511,495 500,402 354,450 (854,852 ) 511,495 Noncontrolling interests — — 7,371 — 7,371 Total liabilities and stockholders’ equity $ 960,788 $ 349,129 $ 1,040,659 $ (854,852 ) $ 1,495,724 (Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (As restated) (As restated) Assets Cash and cash equivalents $ 81,472 $ 4 $ 107,884 $ — $ 189,360 Restricted cash — — 14,268 — 14,268 Accounts receivable — 89,259 173,794 — 263,053 Inventories — 129,113 255,807 — 384,920 Prepaid and other current assets 80,876 20,416 54,985 — 156,277 Total current assets 162,348 238,792 606,738 — 1,007,878 Property, plant and equipment, net 9,885 206,928 421,994 — 638,807 Investment in subsidiaries 884,222 — 141,752 (1,025,974 ) — Other assets 34,259 387 139,900 — 174,546 Total assets $ 1,090,714 $ 446,107 $ 1,310,384 $ (1,025,974 ) $ 1,821,231 Liabilities and Stockholders’ Equity Short-term debt $ — $ — $ 75,061 $ — $ 75,061 Accounts payable 368 12,525 163,826 — 176,719 Other current liabilities 15,278 58,001 61,512 — 134,791 Total current liabilities 15,646 70,526 300,399 — 386,571 Long-term debt 460,161 — 37,533 — 497,694 Other long-term liabilities 40,658 15,571 82,701 — 138,930 Intercompany accounts (113,474 ) (147,529 ) 261,003 — — Redeemable noncontrolling interest — — 89,155 — 89,155 Titan stockholders’ equity 687,723 507,539 518,435 (1,025,974 ) 687,723 Noncontrolling interests — — 21,158 — 21,158 Total liabilities and stockholders’ equity $ 1,090,714 $ 446,107 $ 1,310,384 $ (1,025,974 ) $ 1,821,231 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by operating activities $ 51,113 $ 7,977 $ 54,982 $ 114,072 Cash flows from investing activities: Capital expenditures (914 ) (8,584 ) (48,941 ) (58,439 ) Acquisition of additional interest (49 ) — (13,346 ) (13,395 ) Decrease in restricted cash deposits — — 14,268 14,268 Other, net — 607 4,437 5,044 Net cash used for investing activities (963 ) (7,977 ) (43,582 ) (52,522 ) Cash flows from financing activities: Proceeds from borrowings — — 15,708 15,708 Payment on debt — — (60,345 ) (60,345 ) Proceeds from exercise of stock options 141 — — 141 Excess tax benefit from stock options exercised (672 ) — — (672 ) Payment of financing fees (33 ) — — (33 ) Dividends paid (1,073 ) — — (1,073 ) Net cash used for financing activities (1,637 ) — (44,637 ) (46,274 ) Effect of exchange rate change on cash — — (3,185 ) (3,185 ) Net increase (decrease) in cash and cash equivalents 48,513 — (36,422 ) 12,091 Cash and cash equivalents, beginning of period 81,472 4 107,884 189,360 Cash and cash equivalents, end of period $ 129,985 $ 4 $ 71,462 $ 201,451 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (175,810 ) $ 28,834 $ 263,625 $ 116,649 Cash flows from investing activities: Capital expenditures (6,290 ) (29,087 ) (44,754 ) (80,131 ) Acquisitions, net of cash acquired — — (95,681 ) (95,681 ) Additional equity investment in Wheels India — — (8,017 ) (8,017 ) Increase in restricted cash deposits — — (14,473 ) (14,473 ) Insurance proceeds — — 2,879 2,879 Other, net — 253 2,091 2,344 Net cash used for investing activities (6,290 ) (28,834 ) (157,955 ) (193,079 ) Cash flows from financing activities: Proceeds from borrowings 745,313 — 43,391 788,704 Repurchase of senior notes (558,360 ) — — (558,360 ) Payment on debt — — (200,721 ) (200,721 ) Convertible note conversion (14,090 ) — — (14,090 ) Capital contribution from noncontrolling interest — — 79,592 79,592 Proceeds from exercise of stock options 1,001 — — 1,001 Excess tax benefit from stock options (68 ) — — (68 ) Payment of financing fees (12,332 ) — — (12,332 ) Dividends paid (1,046 ) — — (1,046 ) Net cash provided by (used for) financing activities 160,418 — (77,738 ) 82,680 Effect of exchange rate change on cash — — (6,004 ) (6,004 ) Net increase (decrease) in cash and cash equivalents (21,682 ) — 21,928 246 Cash and cash equivalents, beginning of period 103,154 4 85,956 189,114 Cash and cash equivalents, end of period $ 81,472 $ 4 $ 107,884 $ 189,360 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (14,959 ) $ 35,327 $ 109,800 $ 130,168 Cash flows from investing activities: Capital expenditures (6,931 ) (36,025 ) (22,784 ) (65,740 ) Acquisition, net of cash acquired 780 — — 780 Other, net — 698 368 1,066 Net cash used for investing activities (6,151 ) (35,327 ) (22,416 ) (63,894 ) Cash flows from financing activities: Proceeds from borrowings — — 17,171 17,171 Payment of debt — — (20,811 ) (20,811 ) Proceeds from exercise of stock options 934 — — 934 Excess tax benefit from stock options 184 — — 184 Payment of financing fees (1,275 ) — — (1,275 ) Dividends paid (845 ) — — (845 ) Net cash used for financing activities (1,002 ) — (3,640 ) (4,642 ) Effect of exchange rate change on cash — — (1,688 ) (1,688 ) Net increase (decrease) in cash and cash equivalents (22,112 ) — 82,056 59,944 Cash and cash equivalents, beginning of period 125,266 4 3,900 129,170 Cash and cash equivalents, end of period $ 103,154 $ 4 $ 85,956 $ 189,114

SCHEDULE II - VALUATION RESERVE

SCHEDULE II - VALUATION RESERVES	12 Months Ended
	Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]
SCHEDULE II – VALUATION RESERVES	Description Balance at beginning of year Additions to costs and expenses Deductions Balance at end of year Year ended December 31, 2014 Reserve deducted in the balance sheet from the assets to which it applies Allowance for doubtful accounts $ 5,287,000 $ 536,000 $ (117,000 ) $ 5,706,000 Year ended December 31, 2013 Reserve deducted in the balance sheet from the assets to which it applies Allowance for doubtful accounts $ 5,130,000 $ 2,984,000 $ (2,827,000 ) $ 5,287,000 Year ended December 31, 2012 Reserve deducted in the balance sheet from the assets to which it applies Allowance for doubtful accounts $ 4,204,000 $ 1,240,000 $ (314,000 ) $ 5,130,000

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTEREST (Notes)	12 Months Ended
	Dec. 31, 2014
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]
Redeemable Noncontrolling Interest Disclosure [Text Block]	REDEEMABLE NONCONTROLLING INTEREST The Company has a shareholders’ agreement with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF) which was used for the acquisition of Voltyre-Prom, a leading producer of agricultural and industrial tires in Volgograd, Russia. The agreement contains a settlement put option which is exercisable beginning in July of 2018 and may require Titan to purchase the shares of OEP and RDIF at a value set by the agreement. The redemption features of the settlement put option are not solely within the Company’s control and the noncontrolling interest is presented as redeemable noncontrolling interest separately from Total equity in the Consolidated Balance Sheet at the redemption value of the settlement put option. If the redemption value is greater than carrying value of the noncontrolling interest, the increase is adjusted directly to retained earnings, or additional paid-in capital if there are no available retained earnings applicable to the redeemable noncontrolling interest. The following is a reconciliation of redeemable noncontrolling interest as of December 31, 2014 and 2013 (amounts in thousands): Balance at January 1, 2013 — Acquisition of redeemable noncontrolling interest $ 94,134 Loss attributable to redeemable noncontrolling interest (3,947 ) Currency translation (1,032 ) Balance at December 31, 2013 $ 89,155 Purchase of subsidiary shares (12,193 ) Loss attributable to redeemable noncontrolling interest (37,644 ) Currency translation (17,403 ) Redemption value adjustment 49,277 Balance at December 31, 2014 $ 71,192 This obligation approximates the cost if all remaining shares were purchased by the Company on December 31, 2014, and is presented in the Consolidated Balance Sheet in redeemable noncontrolling interest, which is treated as mezzanine equity.

RESTATEMENT (Notes)

RESTATEMENT (Notes)	12 Months Ended
	Dec. 31, 2014
RESTATEMENT [Abstract]
Accounting Changes and Error Corrections [Text Block]	RESTATEMENT In November 2015, the Company identified errors in the accounting for the shareholders' agreement and related redeemable noncontrolling interest in the Company’s investment in Voltyre-Prom. The Company's Russian shareholders' agreement contains a settlement put option which may require Titan to purchase the shares of the minority shareholders at a value set by the agreement. The Company did not correctly classify redeemable noncontrolling interest on the balance sheet as mezzanine equity, which is presented below liabilities and above equity. As the redeemable noncontrolling interest balance exceeds the carrying value of the investment, there is a reclassification of additional paid-in capital to mezzanine equity and a correction in the earnings per share calculation. Accordingly, the Company is restating its earnings per share for the year ended December 31, 2014, and its consolidated balance sheet and consolidated statement of changes in equity as of December 31, 2014 and 2013. The corrections had no other effect on the Consolidated Statement of Operations. The following table summarizes the restatement adjustments of the Company’s earnings per share for the year ended December 31, 2014: Year ended December 31, 2014 As reported Adjustment As restated Loss per common share: Basic $ (1.50 ) $ (0.93 ) $ (2.43 ) Diluted $ (1.50 ) $ (0.93 ) $ (2.43 ) The following table (unaudited) summarizes the restatement adjustments of the Company’s earnings per share for the quarters in the year ended December 31, 2014: Quarter ended Year ended March 31 June 30 September 30 December 31 December 31 Unaudited Unaudited Unaudited Unaudited Basic income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Basic income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 ) Diluted income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Diluted income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 ) The following table summarizes the restatement adjustments on the Company’s Consolidated Balance Sheet as of December 31, 2014 (amounts in thousands): Consolidated Balance Sheet December 31, 2014 As reported Adjustment As restated Assets Current Assets Cash and cash equivalents $ 201,451 $ — $ 201,451 Accounts receivable 199,378 — 199,378 Inventories 331,432 — 331,432 Deferred income taxes 23,435 — 23,435 Prepaid and other current assets 80,234 — 80,234 Total current assets 835,930 — 835,930 Property, plant and equipment, net 527,414 — 527,414 Deferred income taxes 15,623 — 15,623 Other assets 116,757 — 116,757 Total assets $ 1,495,724 $ — $ 1,495,724 Liabilities Current Liabilities Short-term debt $ 26,233 $ — $ 26,233 Accounts payable 146,305 — 146,305 Other current liabilities 129,018 — 129,018 Total current liabilities 301,556 — 301,556 Long-term debt 496,503 — 496,503 Deferred income taxes 18,582 — 18,582 Other long-term liabilities 89,025 — 89,025 Total liabilities 905,666 — 905,666 Redeemable noncontrolling interest — 71,192 71,192 Equity Titan stockholders' equity Common stock — — — Additional paid-in capital 562,367 (49,277 ) 513,090 Retained earnings 126,007 — 126,007 Treasury stock (13,897 ) — (13,897 ) Treasury stock reserved for deferred comp (1,075 ) — (1,075 ) Accumulated other comprehensive loss (112,630 ) — (112,630 ) Total Titan stockholders' equity 560,772 (49,277 ) 511,495 Noncontrolling interests 29,286 (21,915 ) 7,371 Total equity 590,058 (71,192 ) 518,866 Total liabilities and equity $ 1,495,724 $ — $ 1,495,724 The following table summarizes the restatement adjustments on the Company’s Consolidated Balance Sheet as of December 31, 2013 (amounts in thousands): Consolidated Balance Sheet December 31, 2013 As reported Adjustment As restated Assets Current Assets Cash and cash equivalents $ 189,360 $ — $ 189,360 Restricted cash 14,268 — 14,268 Accounts receivable 263,053 — 263,053 Inventories 384,920 — 384,920 Deferred income taxes 41,931 — 41,931 Prepaid and other current assets 114,346 — 114,346 Total current assets 1,007,878 — 1,007,878 Property, plant and equipment, net 638,807 — 638,807 Goodwill 42,075 — 42,075 Deferred income taxes 2,772 — 2,772 Other assets 129,699 — 129,699 Total assets $ 1,821,231 $ — $ 1,821,231 Liabilities Current Liabilities Short-term debt $ 75,061 $ — $ 75,061 Accounts payable 176,719 — 176,719 Other current liabilities 134,791 — 134,791 Total current liabilities 386,571 — 386,571 Long-term debt 497,694 — 497,694 Deferred income taxes 60,985 — 60,985 Other long-term liabilities 77,945 — 77,945 Total liabilities 1,023,195 — 1,023,195 Redeemable noncontrolling interest — 89,155 89,155 Equity Titan stockholders' equity Common stock — — — Additional paid-in capital 558,637 — 558,637 Retained earnings 207,541 — 207,541 Treasury stock (15,586 ) — (15,586 ) Treasury stock reserved for deferred comp (1,075 ) — (1,075 ) Accumulated other comprehensive loss (61,794 ) — (61,794 ) Total Titan stockholders' equity 687,723 — 687,723 Noncontrolling interests 110,313 (89,155 ) 21,158 Total equity 798,036 (89,155 ) 708,881 Total liabilities and equity $ 1,821,231 $ — $ 1,821,231
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per share for 2014 , 2013 and 2012 , are (amounts in thousands, except per share data): 2014 (As restated) 2013 2012 Net income (loss) attributable to Titan $ (80,461 ) $ 35,205 $ 107,231 Redemption value adjustment (49,277 ) — — Net income (loss) applicable to common shareholders (129,738 ) 35,205 107,231 Effect of convertible notes — 2,600 4,572 Net income (loss) applicable to common shareholders and assumed conversions $ (129,738 ) $ 37,805 $ 111,803 Determination of Shares: Weighted average shares outstanding (basic) 53,497 53,039 43,380 Effect of stock options/trusts — 258 254 Effect of convertible notes — 6,225 11,028 Weighted average shares outstanding (diluted) 53,497 59,522 54,662 Earnings per share: Basic $ (2.43 ) $ 0.66 $ 2.47 Diluted $ (2.43 ) $ 0.64 $ 2.05 The effect of stock options/trusts has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 0.2 million . The effect of convertible notes has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 5.6 million shares. Year ended December 31, 2014 As reported Adjustment As restated Loss per common share: Basic $ (1.50 ) $ (0.93 ) $ (2.43 ) Diluted $ (1.50 ) $ (0.93 ) $ (2.43 ) The following table (unaudited) summarizes the restatement adjustments of the Company’s earnings per share for the quarters in the year ended December 31, 2014: Quarter ended Year ended March 31 June 30 September 30 December 31 December 31 Unaudited Unaudited Unaudited Unaudited Basic income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Basic income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 ) Diluted income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Diluted income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 )

DESCRIPTION OF BUSINESS AND S50

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Principles of consolidation	Principles of consolidation The consolidated financial statements include the accounts of all majority-owned subsidiaries and variable interest entities in which Titan is the primary beneficiary. Investments in companies in which Titan does not own a majority interest and Titan has the ability to exercise significant influence over operating and financial policies are accounted for using the equity method. Investments in other companies are carried at cost. All significant intercompany accounts and transactions have been eliminated. The Company consolidates the Voltyre-Prom subsidiary for which it acts as operating partner.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts The Company carries its accounts receivable at their face amounts less an allowance for doubtful accounts. An allowance for uncollectible receivables is recorded based upon known bad debt risks and past loss history. Actual collection experience may differ from the current estimate of net receivables.
Inventories	Inventories Inventories are valued at the lower of cost or market. At December 31, 2014 , approximately 11% of the Company's inventories were valued under the last-in, first out (LIFO) method. The majority of steel material inventory in North America is accounted for under the LIFO method. The remaining inventories were valued under the first-in, first-out (FIFO) method or average cost method. Market value is estimated based on current selling prices. Estimated provisions are established for slow-moving and obsolete inventory.
Deferred financing costs	Deferred financing costs Deferred financing costs are costs incurred in connection with the Company’s revolving credit facility, 6.875% senior secured notes due 2020 (senior secured notes due 2020) and 5.625% convertible senior subordinated notes due 2017 (convertible notes). The deferred financing costs associated with each of the debt facilities are being amortized over the life of the debt. Amortization of deferred financing costs for the debt facilities approximates the effective interest rate method.
Fixed assets	Fixed assets Property, plant and equipment have been recorded at cost. Depreciation is provided using the straight-line method over the following estimated useful lives of the related assets: Years Building and improvements 25 - 40 Machinery and equipment 7 - 20 Tools, dies and molds 2 - 9 Maintenance and repairs are expensed as incurred. When property, plant and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are eliminated, and any gain or loss on disposition is included in the accompanying consolidated statements of operations. Interest is capitalized on fixed asset projects which are constructed over a period of time. The amount of interest capitalized is determined by applying a weighted average interest rate to the average amount of accumulated expenditures for the asset during the period. The interest rate used is based on the rates applicable to borrowings outstanding during the period.
Fair value of financial instruments	Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, accounts receivable, notes receivable, accounts payable, other accruals and notes payable at cost, which approximates fair value due to their short term or stated rates. Investments in marketable equity securities are recorded at fair value. The senior secured notes due 2020 and convertible notes are carried at cost of $400.0 million and $60.2 million at December 31, 2014 , respectively. The fair value of the senior secured notes due 2020 at December 31, 2014 , as obtained through an independent pricing source, was approximately $352.0 million .
Impairment of fixed assets	Impairment of fixed assets The Company reviews fixed assets to assess recoverability from future operations whenever events and circumstances indicate that the carrying values may not be recoverable. Impairment losses are recognized in operating results when expected undiscounted future cash flows are less than the carrying value of the asset. Impairment losses are measured as the excess of the carrying value of the asset over the discounted expected future cash flows or the estimated fair value of the asset. MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN In 2014, the Company recorded an asset impairment and inventory writedowns of $23.2 million and $16.7 million , respectively. The impairment was recorded on machinery, equipment and molds used to produce giant mining tires. Mining products are included in the Company's earthmoving/construction segment. In the second quarter of 2014, several large mining equipment manufacturers significantly decreased their sales forecast for mining equipment. The Company's sales of mining product were deteriorating at an accelerated pace. Therefore, the company tested mining related assets for impairment in the second quarter of 2014. The fair value of the mining equipment was determined using a cost and market approach. The inventory writedowns were to adjust the value of mining product inventory to estimated market value.
Equity Method Investments, Policy [Policy Text Block]	Equity method investments The Company had an equity method investment of $43.5 million in Wheels India Limited as of December 31, 2014, representing a 34.2% ownership. This equity method investment is included in Other Assets in the consolidated balance sheets. The value of this investment based on the December 31, 2014 market price was $59.1 million . The Company assesses the carrying value of its equity method investments whenever events and circumstances indicate that the carrying values may not be recoverable. Investment write-downs, if necessary, are recognized in operating results when expected undiscounted future cash flows are less than the carrying value of the asset. These write-downs, if any, are measured as the excess of the carrying value of the asset over the discounted expected future cash flows or the estimated fair value of the asset.
Foreign currency translation	Foreign currency translation The financial statements of the Company’s foreign subsidiaries are translated to United States currency in accordance with ASC 830 Foreign Currency Matters. Assets and liabilities are translated to United States dollars at period-end exchange rates. Income and expense items are translated at average rates of exchange prevailing during the period. Translation adjustments are included in “Accumulated other comprehensive loss” in stockholders’ equity. Gains and losses that result from foreign currency transactions are included in the accompanying consolidated statements of operations.
Impairment of goodwill	Impairment of goodwill The Company reviews goodwill to assess recoverability from future operations during the fourth quarter of each annual reporting period, and whenever events and circumstances indicate that the carrying values may not be recoverable. In the fourth quarter of 2014, the Company recorded a noncash charge for the impairment of goodwill of $36.6 million on both a pre-tax and after-tax basis. The charge included $11.4 million of earthmoving/construction goodwill related to the acquisition of Titan Australia; $9.6 million of agricultural goodwill related to the acquisition of the Latin America farm tire business; and $15.6 million of goodwill related to the acquisition of Voltyre-Prom. The Voltyre-Prom goodwill included $11.0 million in the agricultural segment, $2.6 million in the earthmoving/construction segment, and $2.0 million in the consumer segment. The Company had no remaining goodwill after the impairment. See Note 10 for additional information.
Revenue recognition	Revenue recognition The Company records sales revenue when products are shipped to customers and both title and the risks and rewards of ownership are transferred. Provisions are established for sales returns and uncollectible accounts based on historical experience. Should trends change, adjustments would be necessary to the estimated provisions.
Cost of sales	Cost of sales Cost of sales is comprised primarily of direct materials and supplies consumed in the manufacturing of the Company’s products, as well as manufacturing labor, depreciation expense and overhead expense necessary to acquire and convert the purchased materials and supplies into a finished product. Cost of sales also includes all purchasing, receiving, inspection, internal transfers, and related distribution costs.
Selling, general and administrative expense	Selling, general and administrative expense Selling, general and administrative (SG&A) expense is comprised primarily of sales commissions, marketing expense, selling and administrative wages, information system costs, legal fees, bank charges, professional fees, depreciation and amortization expense on non-manufacturing assets, and other administrative items
Research and development expense	Research and development expense Research and development (R&D) expenses are expensed as incurred. R&D costs were $14.0 million , $11.2 million and $7.1 million for the years of 2014, 2013 and 2012, respectively. Increased R&D is primarily attributable to the investment in LSW as a cornerstone of the Company's strategy.
Advertising	Advertising Advertising expenses are included in SG&A expense and are expensed as incurred. Advertising costs were approximately $5 million for the year ended December 31, 2014, and approximately $2 million for each of the years ended December 31, 2013 and 2012.
Warranty costs	Warranty costs The Company provides limited warranties on workmanship on its products in all market segments. The provision for estimated warranty costs is made in the period when such costs become probable and is based on past warranty experience. See Note 12 for additional information.
Income taxes	Income taxes Deferred income tax provisions are determined using the liability method whereby deferred tax assets and liabilities are recognized based upon temporary differences between the financial statement and income tax basis of assets and liabilities. The Company assesses the realizability of its deferred tax asset positions to determine if a valuation allowance is necessary. In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment.
Earnings per share	Earnings per share Basic earnings per share (EPS) is computed by dividing consolidated net earnings applicable to common shareholders by the weighted average number of common shares outstanding. Diluted EPS is computed by dividing adjusted consolidated net earnings applicable to common shareholders by the sum of the weighted average number of common shares outstanding and the weighted average number of potential common shares outstanding. Potential common shares consist of outstanding options under the Company’s stock compensation plans and the conversion of the Company’s convertible notes.
Cash equivalents	Cash and cash equivalents The Company considers short-term debt securities with an original maturity of three months or less to be cash equivalents. The cash in the Company's U.S. banks is not fully insured by the Federal Deposit Insurance Corporation. The Company had $71.4 million and $121.7 million of cash in foreign bank accounts at December 31, 2014 and 2013, respectively. The Company's cash in its foreign bank accounts is not insured.
Environmental liabilities	Environmental liabilities Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations and that do not contribute to current or future revenue are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and can be reasonably estimated
Stock-based compensation	Stock-based compensation At December 31, 2014 , the Company has one stock-based compensation plan, which is described in Note 30. Compensation expense for stock-based compensation is recognized over the requisite service period at the estimated fair value of the award at the grant date. The Company granted 59,000 ; 60,000 ; and 45,000 stock options in 2014, 2013 and 2012, respectively. The Company granted 10,000 ; 225,750 ; and 293,000 restricted stock awards in 2014, 2013 and 2012, respectively.
Reclassification	Reclassification Certain amounts from prior years have been reclassified to conform to the current year’s presentation
Use of estimates	Use of estimates The policies utilized by the Company in the preparation of the financial statements conform to accounting principles generally accepted in the United States of America and require management to make estimates, assumptions and judgments that affect the reported amount of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from these estimates and assumptions

DESCRIPTION OF BUSINESS AND S51

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2014
DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment have been recorded at cost. Depreciation is provided using the straight-line method over the following estimated useful lives of the related assets: Years Building and improvements 25 - 40 Machinery and equipment 7 - 20 Tools, dies and molds 2 - 9 Property, plant and equipment at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Land and improvements $ 60,012 $ 67,243 Buildings and improvements 214,472 242,261 Machinery and equipment 585,318 617,709 Tools, dies and molds 103,353 112,997 Construction-in-process 48,170 42,539 1,011,325 1,082,749 Less accumulated depreciation (483,911 ) (443,942 ) $ 527,414 $ 638,807

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Voltyre-Prom [Member]
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The purchase price allocation of the Voltyre-Prom acquisition consisted of the following ( in thousands): Acquisition Additional Date Purchases Total Cash $ 80 $ — $ 80 Accounts receivable 5,596 — 5,596 Inventories 3,807 — 3,807 Deferred income taxes - current asset 253 — 253 Prepaid & other current assets 1,881 — 1,881 Goodwill 21,002 — 21,002 Property, plant & equipment 79,255 — 79,255 Other assets 17,615 — 17,615 Accounts payable (715 ) — (715 ) Other current liabilities (4,152 ) — (4,152 ) Deferred income taxes - noncurrent liability (15,989 ) — (15,989 ) Noncontrolling interests (14,542 ) 13,395 (1,147 ) Net assets acquired $ 94,091 $ 13,395 $ 107,486
Titan Europe [Member]
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The purchase price allocation of the Titan Europe acquisition consisted of the following ( in thousands): Cash $ 39,122 Accounts receivable 128,585 Inventories 178,407 Deferred income taxes - current asset 22,068 Prepaid & other current assets 21,745 Earthquake insurance receivable 17,024 Property, plant & equipment 217,309 Investment in Wheels India Limited 36,804 Other assets 8,414 Short term debt (96,822 ) Accounts payable (142,752 ) Other current liabilities (56,391 ) Long term debt (158,183 ) Deferred income taxes - noncurrent liability (12,636 ) Other noncurrent liabilities (31,874 ) Net assets acquired $ 170,820
Business Acquisition, Pro Forma Information [Table Text Block]	ro forma financial information is as follows (in thousands, except per share data): 2012 Net sales $ 2,423,724 Net income 86,906 Net income attributable to Titan 88,499 Basic earnings per share $ 1.78 Diluted earnings per share 1.53

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	12 Months Ended
	Dec. 31, 2014
RESTRICTED CASH [Abstract]
Schedule of Restricted Cash and Cash Equivalents [Table Text Block]	Restricted cash at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Restricted cash $ — $ 14,268

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Accounts receivable at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Accounts receivable $ 205,084 $ 268,340 Allowance for doubtful accounts (5,706 ) (5,287 ) Accounts receivable, net $ 199,378 $ 263,053

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Raw material $ 119,989 $ 130,403 Work-in-process 41,073 54,190 Finished goods 179,998 208,821 341,060 393,414 Adjustment to LIFO basis (9,628 ) (8,494 ) $ 331,432 $ 384,920

PREPAID AND OTHER CURRENT ASS56

PREPAID AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Prepaid and Other Current Assets [Abstract]
Schedule of Other Assets [Table Text Block]	Prepaid and other current assets at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Prepaid supplies $ 28,477 $ 30,212 Prepaid income taxes 19,474 48,527 Value added tax 6,294 9,761 Prepaid royalty 5,940 5,642 Duty receivable 3,717 4,777 Prepaid insurance 2,580 3,281 Prepaid deposits 1,700 3,748 Derivative financial instruments 1,068 — Other 10,984 8,398 $ 80,234 $ 114,346

PROPERTY, PLANT AND EQUIPMENT57

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment have been recorded at cost. Depreciation is provided using the straight-line method over the following estimated useful lives of the related assets: Years Building and improvements 25 - 40 Machinery and equipment 7 - 20 Tools, dies and molds 2 - 9 Property, plant and equipment at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Land and improvements $ 60,012 $ 67,243 Buildings and improvements 214,472 242,261 Machinery and equipment 585,318 617,709 Tools, dies and molds 103,353 112,997 Construction-in-process 48,170 42,539 1,011,325 1,082,749 Less accumulated depreciation (483,911 ) (443,942 ) $ 527,414 $ 638,807

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Other Assets [Abstract]
Schedule of Other Assets, Noncurrent [Table Text Block]	Other assets at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Investment in Wheels India Limited $ 43,540 $ 44,541 Amortizable intangibles 23,689 35,036 Prepaid royalty 14,966 21,514 Investments for contractual obligations 9,840 8,723 Deferred financing costs 7,082 8,650 Note receivable 5,000 — Other 12,640 11,235 $ 116,757 $ 129,699

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
GOODWILL [Abstract]
Schedule of Goodwill [Table Text Block]	The changes in the carrying amount of goodwill for the two years ended December 31, 2014 , were as follows (amounts in thousands): Agricultural Segment Earthmoving/ Construction Segment Consumer Segment Total Balance at January 1, 2013 $ 11,522 $ 13,419 $ — $ 24,941 Acquisitions 14,828 3,486 2,688 21,002 Foreign currency translation (1,810 ) (2,007 ) (51 ) (3,868 ) Balance at December 31, 2013 24,540 14,898 2,637 42,075 Noncash goodwill impairment charge (20,599 ) (13,971 ) (2,001 ) (36,571 ) Foreign currency translation (3,941 ) (927 ) (636 ) (5,504 ) Balance at December 31, 2014 $ — $ — $ — $ —
Schedule of Intangible Assets and Goodwill [Table Text Block]	The components of intangible assets for the two years ended December 31, 2014 , were as follows (amounts in thousands): Weighted- Average Useful Lives (in Years) 2014 2013 Amortizable intangible assets: Customer relationships 12.6 14,958 16,659 Patents, trademarks and other 8.5 15,907 23,015 Total at cost 30,865 39,674 Less accumulated amortization (7,176 ) (4,638 ) 23,689 35,036
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The estimated aggregate amortization expense at December 31, 2014 , is as follows (amounts in thousands): 2015 $ 3,245 2016 2,481 2017 2,354 2018 2,354 2019 2,354 Thereafter 10,901 $ 23,689

OTHER CURRENT LIABILITIES (Tabl

OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
OTHER CURRENT LIABILITIES [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Other current liabilities at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Warranty $ 28,144 $ 33,134 Wages and commissions 27,388 29,508 Accrued other taxes 10,924 11,741 Insurance 10,272 5,785 Accrued interest 8,933 8,472 CEO and management incentive compensation 6,388 4,194 Deferred income tax 3,131 3,525 Other 33,838 38,432 $ 129,018 $ 134,791

WARRANTY (Tables)

WARRANTY (Tables)	12 Months Ended
	Dec. 31, 2014
WARRANTY COSTS [Abstract]
Schedule of Product Warranty Liability [Table Text Block]	Changes in the warranty liability consisted of the following (amounts in thousands): 2014 2013 Warranty liability, January 1 $ 33,134 $ 27,482 Acquisitions — 222 Provision for warranty liabilities 17,672 43,335 Warranty payments made (22,662 ) (37,905 ) Warranty liability, December 31 $ 28,144 $ 33,134

OTHER LONG-TERM LIABILITIES (Ta

OTHER LONG-TERM LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
OTHER LONG-TERM LIABILITIES [Abstract]
Schedule of Other Assets and Other Liabilities [Table Text Block]	Other long-term liabilities at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 Accrued pension liabilities $ 39,453 $ 39,769 Income tax liabilities 17,807 16,925 Accrued employment liabilities 15,140 17,124 Italian government grant 11,928 — Other 4,697 4,127 $ 89,025 $ 77,945

REVOLVING CREDIT FACILITY AND63

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Instrument [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	Long-term debt at December 31, 2014 and 2013 , consisted of the following (amounts in thousands): 2014 2013 6.875% senior secured notes due 2020 $ 400,000 $ 400,000 5.625% convertible senior subordinated notes due 2017 60,161 60,161 Titan Europe credit facilities 42,291 95,087 Other debt 17,013 14,141 Capital leases 3,271 3,366 522,736 572,755 Less amounts due within one year 26,233 75,061 $ 496,503 $ 497,694
Schedule of Maturities of Long-term Debt [Table Text Block]	Aggregate maturities of long-term debt are as follows (amounts in thousands): 2015 $ 26,233 2016 30,717 2017 64,307 2018 1,386 2019 88 Thereafter 400,005 $ 522,736

ACCUMULATED OTHER COMPREHENSI64

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive income (loss) consisted of the following (amounts in thousands): Currency Translation Adjustments Unrealized Gain (Loss) on Investments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2013 $ (20,793 ) $ 3 $ (35,679 ) $ (56,469 ) Currency translation adjustments (20,071 ) — — (20,071 ) Unrealized loss on investments, net of tax of $0 — (3 ) — (3 ) Defined benefit pension plan entries: Unrecognized prior service cost, net of tax of $(52) — — 85 85 Unrecognized net gain, net of tax of $(8,648) — — 14,664 14,664 Balance at December 31, 2013 (40,864 ) — (20,930 ) (61,794 ) Currency translation adjustments (45,707 ) — — (45,707 ) Defined benefit pension plan entries: Unrecognized prior service cost, net of tax of $(52) — — 85 85 Unrecognized net loss, net of tax of $3,087 — — (5,214 ) (5,214 ) Balance at December 31, 2014 $ (86,571 ) $ — $ (26,059 ) $ (112,630 )

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value, Measurement Inputs, Disclosure [Table Text Block]	Assets and liabilities measured at fair value on a recurring basis consisted of the following (amounts in thousands): December 31, 2014 December 31, 2013 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Contractual obligation investments $ 9,840 $ 9,840 $ — $ — $ 8,723 $ 8,723 $ — $ — Derivative financial instruments asset 1,068 — 1,068 — — — — — Preferred stock 250 — — 250 250 — — 250 Derivative financial instruments liability (43 ) — (43 ) — (126 ) — (126 ) — Total $ 11,115 $ 9,840 $ 1,025 $ 250 $ 8,847 $ 8,723 $ (126 ) $ 250
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]	The following table presents the changes during the periods presented in Titan's Level 3 investments that are measured at fair value on a recurring basis (amounts in thousands): Preferred stock Balance at December 31, 2012 $ 250 Total realized and unrealized gains and losses — Balance at December 31, 2013 250 Total realized and unrealized gains and losses — Balance as of December 31, 2014 $ 250
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair value, nonrecurring, Level 2 and 3 measurements from impairments consisted of the following (amounts in thousands): Fair Value Level 2 Level 3 Impairment Charges December 31, 2014 2014 Property, plant and equipment $ 40,346 $ — $ 23,242 Goodwill — — 36,571 Total $ 40,346 $ — $ 59,813

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Dec. 31, 2014
VARIABLE INTEREST ENTITIES [Abstract]
Schedule of Variable Interest Entities [Table Text Block]	The following table summarizes the carrying amount of the entities’ assets and liabilities included in the Company’s consolidated condensed balance sheets at December 31, 2014 and December 31, 2013 (amounts in thousands): December 31, December 31, 2013 Cash and cash equivalents $ 8,861 $ 17,106 Inventory 9,645 33,406 Other current assets 18,115 17,000 Goodwill — 20,601 Property, plant and equipment, net 36,353 76,060 Other noncurrent assets 8,016 16,673 Total assets $ 80,990 $ 180,846 Current liabilities 11,659 23,816 Noncurrent liabilities 7,448 15,818 Total liabilities $ 19,107 $ 39,634

SUPPLY AGREEMENT TERMINATION 67

SUPPLY AGREEMENT TERMINATION INCOME (Tables)	12 Months Ended
	Dec. 31, 2014
SUPPLY AGREEMENT TERMINATION INCOME [Abstract]
Supply Commitment [Table Text Block]	Supply agreement termination income consisted of the following (amounts in thousands): 2014 2013 2012 Supply agreement termination income $ — $ — $ 26,134

CONVERTIBLE DEBT CONVERSION C68

CONVERTIBLE DEBT CONVERSION CHARGE (Tables) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONVERTIBLE DEBT CONVERSION CHARGE [Abstract]
Induced Conversion of Convertible Debt Expense	$ 0	$ 7,273	$ 0

LOSS ON NOTE REPURCHASE (Tables

LOSS ON NOTE REPURCHASE (Tables)	12 Months Ended
	Dec. 31, 2014
LOSS ON NOTE REPURCHASE [Abstract]
Schedule of Extinguishment of Debt [Table Text Block]	Loss on note repurchase consisted of the following (amounts in thousands): 2014 2013 2012 Loss on senior note repurchase $ — $ (22,734 ) $ —

NONCASH TITAN EUROPE PLC GAIN (

NONCASH TITAN EUROPE PLC GAIN (Tables)	12 Months Ended
	Dec. 31, 2014
NONCASH TITAN EUROPE PLC GAIN [Abstract]
Schedule of Realized Gain (Loss) [Table Text Block]	Noncash Titan Europe gain consisted of the following (amounts in thousands): 2014 2013 2012 Noncash Titan Europe gain $ — $ — $ 26,700

EARTHQUAKE INSURANCE RECOVERY71

EARTHQUAKE INSURANCE RECOVERY AND GOVERNMENT GRANT (Tables)	12 Months Ended
	Dec. 31, 2014
GAIN ON EARTHQUAKE INSURANCE RECOVERY [Abstract]
Schedule of Business Insurance Recoveries [Table Text Block]	Gain on earthquake insurance recovery consisted of the following (amounts in thousands): 2014 2013 2012 Gain on earthquake insurance recovery $ — $ 22,451 $ —

GAIN ON ACQUISITION (Tables)

GAIN ON ACQUISITION (Tables)	12 Months Ended
	Dec. 31, 2014
GAIN ON ACQUISITION [Abstract]
Schedule of Other Nonoperating Income (Expense) [Table Text Block]	Gain on acquisition consisted of the following (amounts in thousands): 2014 2013 2012 Gain on acquisition $ — $ — $ 11,678

OTHER INCOME (EXPENSE) (Tables)

OTHER INCOME (EXPENSE) (Tables)	12 Months Ended
	Dec. 31, 2014
OTHER INCOME, NET [Abstract]
Interest and Other Income [Table Text Block]	Other income (expense) consisted of the following (amounts in thousands): 2014 2013 2012 Gain (loss) on sale of assets $ 3,438 $ (173 ) $ (707 ) Interest income 3,038 3,396 859 Discount amortization on prepaid royalty 2,712 3,296 3,736 Wheels India Limited equity income 2,108 1,430 401 Investment gain related to contractual obligation investments 1,116 1,315 1,022 Building rental income 903 846 710 Other income 343 1,825 802 Currency exchange loss (31,713 ) (4,920 ) — $ (18,055 ) $ 7,015 $ 6,823

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
INCOME TAXES [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Income (loss) before income taxes, consisted of the following (amounts in thousands): 2014 2013 2012 Domestic $ (47,730 ) $ 27,023 $ 178,686 Foreign (104,514 ) 27,711 13,565 $ (152,244 ) $ 54,734 $ 192,251
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The income tax provision (benefit) was as follows (amounts in thousands): 2014 2013 2012 Current Federal $ (2,753 ) $ 11,853 $ 47,616 State 258 5,398 13,537 Foreign 5,476 11,800 8,290 2,981 29,051 69,443 Deferred Federal (11,670 ) (8,473 ) 14,179 State (1,205 ) (316 ) 1,235 Foreign (11,925 ) 4,785 1,756 (24,800 ) (4,004 ) 17,170 Income tax provision (benefit) $ (21,819 ) $ 25,047 $ 86,613
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The income tax provision differs from the amount of income tax determined by applying the statutory U.S. federal income tax rate to pre-tax income (loss) as a result of the following: 2014 2013 2012 Statutory U.S. federal tax rate 35.0 % 35.0 % 35.0 % Unrecognized tax positions 0.7 6.2 3.5 Impact of foreign income (0.4 ) 4.5 6.1 Italian law change — (14.2 ) — Goodwill impairment (10.6 ) — — Valuation allowance (11.3 ) 19.0 — State taxes, net 0.8 1.9 2.5 Domestic production exemption — (3.2 ) (3.1 ) Debt conversion (benefit) expense 1.5 (1.0 ) — Section 162m limitation — — 2.5 Write off of Titan Europe deferred tax asset — — 2.0 Bargain purchase gain — — (2.0 ) Other, net (1.4 ) (2.4 ) (1.4 ) Effective tax rate 14.3 % 45.8 % 45.1 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities at December 31, 2014 and 2013, are as follows (amounts in thousands): 2014 2013 Deferred tax assets: Net operating loss carryforwards $ 55,590 $ 41,933 Pension 8,590 6,269 Inventory 7,807 3,564 Warranty 9,945 11,460 Employee benefits and related costs 15,967 13,146 Allowance for bad debts 1,254 3,773 Prepaid royalties 7,960 8,464 Other 14,551 14,929 Deferred tax assets 121,664 103,538 Deferred tax liabilities: Fixed assets (50,009 ) (71,749 ) Intangible Assets (6,043 ) (8,454 ) Other (3,027 ) (5,957 ) Deferred tax liabilities (59,079 ) (86,160 ) Subtotal 62,585 17,378 Valuation allowance (45,241 ) (37,185 ) Net deferred tax asset (liability) $ 17,344 $ (19,807 )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	A reconciliation of the total amounts of unrecognized tax benefits at December 31 were as follows (amounts in thousands): 2014 2013 2012 Balance at January 1 15,363 11,872 — Increases to tax positions taken during the current year 190 4,256 6,050 Increases to tax positions taken during the prior years 3,131 433 5,822 Decreases to tax positions taken during prior years (1,806 ) (250 ) — Decreases due to lapse of statutes of limitations (802 ) (272 ) — Settlements (656 ) (721 ) — Foreign exchange (100 ) 45 — Balance at December 31 15,320 15,363 11,872

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2010
EMPLOYEE BENEFIT PLANS [Abstract]
Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block]	The following table provides the change in benefit obligation, change in plan assets, funded status and amounts recognized in the consolidated balance sheet of the defined benefit pension plans as of December 31, 2014 and 2013 (amounts in thousands): Change in benefit obligation: 2014 2013 Benefit obligation at beginning of year $ 123,182 $ 139,104 Service cost 618 850 Interest cost 5,653 5,408 Actuarial (gain) loss 9,382 (12,848 ) Benefits paid (9,187 ) (9,258 ) Foreign currency translation (2,882 ) (74 ) Benefit obligation at end of year $ 126,766 $ 123,182 Change in plan assets: Fair value of plan assets at beginning of year $ 83,952 $ 78,168 Actual return on plan assets 3,912 10,255 Employer contributions 5,685 4,674 Benefits paid (9,032 ) (9,223 ) Foreign currency translation (236 ) 78 Fair value of plan assets at end of year $ 84,281 $ 83,952 Unfunded status at end of year $ (42,485 ) $ (39,230 ) Amounts recognized in consolidated balance sheet: Noncurrent assets $ 537 $ 539 Current liabilities (3,569 ) — Noncurrent liabilities (39,453 ) (39,769 ) Net amount recognized in the consolidated balance sheet $ (42,485 ) $ (39,230 )
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]	Amounts recognized in accumulated other comprehensive loss: 2014 2013 Unrecognized prior service cost $ (618 ) $ (754 ) Unrecognized net loss (41,370 ) (33,070 ) Deferred tax effect of unrecognized items 15,929 12,894 Net amount recognized in accumulated other comprehensive loss $ (26,059 ) $ (20,930 )
Schedule of Assumptions Used [Table Text Block]	The weighted-average assumptions used in the actuarial computation that derived the benefit obligations at December 31 were as follows: 2014 2013 Discount rate 4.1 % 4.8 % Expected long-term return on plan assets 7.4 % 7.4 % The weighted-average assumptions used in the actuarial computation that derived net periodic pension cost for the years ended December 31, 2014 , 2013 and 2012 were as follows: 2014 2013 2012 Discount rate 5.9 % 4.7 % 4.3 % Expected long-term return on plan assets 7.4 % 7.4 % 7.5 %
Schedule of Net Benefit Costs [Table Text Block]	The following table provides the components of net periodic pension cost for the plans, settlement cost and the assumptions used in the measurement of the Company’s benefit obligation for the years ended December 31, 2014 , 2013 and 2012 (amounts in thousands): Components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss) Net periodic benefit cost: 2014 2013 2012 Service cost $ 618 $ 850 $ 380 Interest cost 5,653 5,408 5,082 Assumed return on assets (6,068 ) (5,585 ) (5,022 ) Amortization of unrecognized prior service cost 137 137 137 Amortization of net unrecognized loss 3,033 5,264 5,195 Net periodic pension cost $ 3,373 $ 6,074 $ 5,772
Schedule of Allocation of Plan Assets [Table Text Block]	The allocation of the fair value of plan assets was as follows: Percentage of Plan Assets at December 31, Target Allocation Asset Category 2014 2013 2015 U.S. equities (a) 61 % 58 % 40% - 80% Fixed income 25 % 23 % 20% - 50% Cash and cash equivalents 5 % 7 % 0% - 20% International equities (a) 9 % 12 % 0% - 16% 100 % 100 % (a) Total equities may not exceed 80% of total plan assets. The fair value of the plan assets by asset categories at December 31, 2014 was as follows (amounts in thousands): Fair Value Measurements as of December 31, 2014 Total Level 1 Level 2 Level 3 Money market funds $ 3,325 $ 3,325 $ — $ — Domestic common stock 32,472 32,472 — — Foreign common stock 3,986 3,986 — — Corporate bonds 5,875 5,875 — — Foreign bonds 1,611 — 1,611 — U.S. government securities 14 14 — — Insurance fund 1,799 — 1,799 — Common / collective trusts 35,199 912 34,287 — Totals $ 84,281 $ 46,584 $ 37,697 $ —	The fair value of the plan assets by asset categories at December 31, 2013 was as follows (amounts in thousands): Fair Value Measurements as of December 31, 2013 Total Level 1 Level 2 Level 3 Money market funds $ 6,051 $ 6,051 $ — $ — Domestic common stock 32,757 32,757 — — Foreign common stock 4,921 4,921 — — Corporate bonds 4,012 4,012 — — Foreign bonds 519 — 519 — U.S. government securities 18 18 — — Mutual funds — — — — Insurance funds 1,974 — 1,974 — Common / collective trusts 33,700 — 33,700 — Totals $ 83,952 $ 47,759 $ 36,193 $ —
Schedule of Expected Benefit Payments [Table Text Block]	Projected benefit payments from the plans as of December 31, 2014 , are estimated as follows (amounts in thousands): 2015 $ 8,924 2016 8,942 2017 8,883 2018 8,864 2019 8,547 2020-2024 43,137

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2014
STOCK OPTION PLANS [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following is a summary of activity in stock options for 2014: Shares Subject to Option Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value (in thousands) Outstanding, December 31, 2013 1,154,069 $ 18.18 Granted 59,000 16.37 Exercised (8,971 ) 15.75 Forfeited/Expired (26,025 ) 18.93 Outstanding, December 31, 2014 1,178,073 18.09 5.03 $ — Exercisable, December 31, 2014 1,178,073 18.09 5.03 $ —
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Weighted average assumptions used for stock options issued in 2014, 2013 and 2012: 2014 2013 2012 Expected life (in years) 6.0 6.0 6.0 Expected volatility 67.8 % 68.4 % 67.0 % Expected dividends 0.1 % 0.1 % 0.1 % Risk-free interest rate 1.80 % 1.01 % 0.93 %
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Restricted Stock Shares Weighted Average Grant Date Fair Value Unvested at December 31, 2013 518,000 19.6 Granted 10,000 16.76 Vested (139,250 ) 20.83 Forfeited/Expired (46,250 ) 19.46 Unvested at December 31, 2014 342,500 19.04

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
LEASE COMMITMENTS [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	At December 31, 2014 , future minimum rental commitments under noncancellable operating leases with initial or remaining terms in excess of one year are as follows (amounts in thousands): 2015 $ 6,874 2016 5,824 2017 3,996 2018 2,235 2019 1,451 Thereafter 1,885 Total future minimum lease payments $ 22,265
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	At December 31, 2014 , the Company had assets held as capital leases with a net book value of $10.8 million included in property, plant and equipment. Total future capital lease obligations relating to these leases are as follows (amounts in thousands): 2015 $ 1,522 2016 1,015 2017 526 2018 115 2019 88 Thereafter 5 Total future capital lease obligation payments 3,271 Less amount representing interest (71 ) Present value of future capital lease obligation payments $ 3,200

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting Information [Line Items]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The table below presents information about certain operating results of segments as reviewed by the chief operating decision maker of the Company as of and for the years ended December 31, 2014 , 2013 and 2012 . (amounts in thousands): 2014 2013 2012 Revenues from external customers Agricultural $ 1,016,882 $ 1,182,187 $ 1,080,412 Earthmoving/construction 610,596 749,115 501,617 Consumer 268,049 232,293 238,649 $ 1,895,527 $ 2,163,595 $ 1,820,678 Gross profit Agricultural $ 134,688 $ 198,910 $ 206,376 Earthmoving/construction (7,609 ) 83,358 74,348 Consumer 16,250 15,542 16,366 Unallocated corporate (2,686 ) (2,620 ) (2,951 ) $ 140,643 $ 295,190 $ 294,139 Income (loss) from operations Agricultural $ 63,838 $ 151,841 $ 178,587 Earthmoving/construction (80,600 ) 22,008 47,310 Consumer (8,766 ) 1,630 32,243 Unallocated corporate (72,097 ) (73,084 ) (83,432 ) Consolidated income (loss) from operations (97,625 ) 102,395 174,708 Interest expense (36,564 ) (47,120 ) (27,658 ) Convertible debt conversion charge — (7,273 ) — Loss on senior note repurchase — (22,734 ) — Noncash Titan Europe Plc gain — — 26,700 Gain on earthquake insurance recovery — 22,451 — Gain on acquisition — — 11,678 Other income (expense), net (18,055 ) 7,015 6,823 Income (loss) before income taxes $ (152,244 ) $ 54,734 $ 192,251 Capital expenditures Agricultural $ 17,448 $ 28,763 $ 26,886 Earthmoving/construction 29,190 35,702 26,508 Consumer 7,608 7,393 4,100 Unallocated corporate 4,193 8,273 8,246 $ 58,439 $ 80,131 $ 65,740 Depreciation & amortization Agricultural $ 37,996 $ 29,781 $ 20,435 Earthmoving/construction 36,608 40,272 24,192 Consumer 9,743 6,246 5,855 Unallocated corporate 4,357 4,323 3,613 $ 88,704 $ 80,622 $ 54,095 Total assets Agricultural $ 508,741 $ 725,032 $ 555,020 Earthmoving/construction 591,553 749,564 841,502 Consumer 175,475 172,320 140,592 Unallocated corporate (a) 219,955 174,315 173,121 $ 1,495,724 $ 1,821,231 $ 1,710,235 (a) Unallocated assets include cash of approximately $133 million , $82 million , and $103 million at year-end 2014, 2013 and 2012, respectively.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	The table below presents information by geographic area. Revenues from external customers were determined based on the location of the selling subsidiary. Geographic information as of and for the years ended December 31, 2014 , 2013 and 2012 was as follows (amounts in thousands): 2014 United States Brazil Other Countries Consolidated Totals Revenues from external customers $ 904,097 $ 352,342 $ 639,088 $ 1,895,527 Long-lived assets 223,797 80,414 223,203 527,414 2013 Revenues from external customers $ 1,159,061 $ 397,426 $ 607,108 $ 2,163,595 Long-lived assets 266,413 101,282 313,187 680,882 2012 Revenues from external customers $ 1,356,264 $ 328,005 $ 136,409 $ 1,820,678 Long-lived assets 262,064 112,480 218,741 593,285

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per share for 2014 , 2013 and 2012 , are (amounts in thousands, except per share data): 2014 (As restated) 2013 2012 Net income (loss) attributable to Titan $ (80,461 ) $ 35,205 $ 107,231 Redemption value adjustment (49,277 ) — — Net income (loss) applicable to common shareholders (129,738 ) 35,205 107,231 Effect of convertible notes — 2,600 4,572 Net income (loss) applicable to common shareholders and assumed conversions $ (129,738 ) $ 37,805 $ 111,803 Determination of Shares: Weighted average shares outstanding (basic) 53,497 53,039 43,380 Effect of stock options/trusts — 258 254 Effect of convertible notes — 6,225 11,028 Weighted average shares outstanding (diluted) 53,497 59,522 54,662 Earnings per share: Basic $ (2.43 ) $ 0.66 $ 2.47 Diluted $ (2.43 ) $ 0.64 $ 2.05 The effect of stock options/trusts has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 0.2 million . The effect of convertible notes has been excluded for 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 5.6 million shares. Year ended December 31, 2014 As reported Adjustment As restated Loss per common share: Basic $ (1.50 ) $ (0.93 ) $ (2.43 ) Diluted $ (1.50 ) $ (0.93 ) $ (2.43 ) The following table (unaudited) summarizes the restatement adjustments of the Company’s earnings per share for the quarters in the year ended December 31, 2014: Quarter ended Year ended March 31 June 30 September 30 December 31 December 31 Unaudited Unaudited Unaudited Unaudited Basic income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Basic income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 ) Diluted income (loss) per common share - as reported $ 0.04 $ (0.38 ) $ (0.17 ) $ (0.99 ) $ (1.50 ) Diluted income (loss) per common share - as restated $ 0.02 $ (0.40 ) $ (0.47 ) $ (1.58 ) $ (2.43 ) Adjustment $ (0.02 ) $ (0.02 ) $ (0.30 ) $ (0.59 ) $ (0.93 )

SUPPLEMENTARY DATA - QUARTERL80

SUPPLEMENTARY DATA - QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2014
SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	(All amounts in thousands, except per share data) Quarter ended March 31 June 30 September 30 December 31 Year ended December 31 2014 Net sales $ 538,940 $ 523,731 $ 449,579 $ 383,277 $ 1,895,527 Gross profit 54,550 22,560 (a) 45,299 18,234 140,643 Titan net income (loss) 2,163 (20,511 ) (a) (9,067 ) (53,046 ) (b) (80,461 ) Per share amounts: Basic (As restated) .02 (.40 ) (a) (.47 ) (1.58 ) (b) (2.43 ) (c) Diluted (As restated) .02 (.40 ) (a) (.47 ) (1.58 ) (b) (2.43 ) (c) 2013 Net sales $ 578,387 $ 593,291 $ 497,510 $ 494,407 $ 2,163,595 Gross profit 96,751 86,655 62,506 49,278 295,190 Titan net income (loss) 19,475 (d) 23,217 (e) 8,093 (15,580 ) (f) 35,205 Per share amounts: Basic .38 (d) .43 (e) .15 (.29 ) (f) .66 (c) Diluted .34 (d) .40 (e) .15 (.29 ) (f) .64 (c) (a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014. (b) Noncash goodwill impairment charge of $36.6 million was included in the quarter ended December 31, 2014. (c) As a result of changes in outstanding share balances and dilution factors, year-end per share amounts may not agree to the sum of the quarters. (d) Convertible debt conversion charge of $7.3 million was included in the quarter ended March 31, 2013. (e) Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013. (f) Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.

SUBSIDIARY GUARANTOR FINANCIA81

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) - Senior Secured Notes 6.875 Percent [Member]	12 Months Ended
	Dec. 31, 2014
Condensed Financial Statements, Captions [Line Items]
Condensed Financial Information, Condensed Statement of Operations [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 879,982 $ 1,015,545 $ — $ 1,895,527 Cost of sales 927 800,310 953,647 — 1,754,884 Gross profit (loss) (927 ) 79,672 61,898 — 140,643 Selling, general and administrative expenses 12,887 71,548 89,179 — 173,614 Research and development expenses 72 5,309 8,624 — 14,005 Royalty expense — 7,620 6,458 — 14,078 Noncash goodwill impairment charge — — 36,571 — 36,571 Loss from operations (13,886 ) (4,805 ) (78,934 ) — (97,625 ) Interest expense (32,783 ) — (3,781 ) — (36,564 ) Intercompany interest income (expense) 6,416 2,346 (8,762 ) — — Other income (expense) 4,258 14 (22,327 ) — (18,055 ) Loss before income taxes (35,995 ) (2,445 ) (113,804 ) — (152,244 ) Benefit for income taxes (12,765 ) (374 ) (8,680 ) — (21,819 ) Equity in earnings of subsidiaries (107,195 ) — (26,213 ) 133,408 — Net income (loss) (130,425 ) (2,071 ) (131,337 ) 133,408 (130,425 ) Net loss noncontrolling interests — — (49,964 ) — (49,964 ) Net income (loss) attributable to Titan $ (130,425 ) $ (2,071 ) $ (81,373 ) $ 133,408 $ (80,461 ) (Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 1,139,366 $ 1,024,229 $ — $ 2,163,595 Cost of sales 1,157 936,022 931,226 — 1,868,405 Gross profit (loss) (1,157 ) 203,344 93,003 — 295,190 Selling, general and administrative expenses 9,608 73,196 84,567 — 167,371 Research and development expenses (35 ) 5,563 5,637 — 11,165 Royalty expense — 7,327 6,932 — 14,259 Income (loss) from operations (10,730 ) 117,258 (4,133 ) — 102,395 Interest expense (38,761 ) — (8,359 ) — (47,120 ) Convertible debt conversion charge (7,273 ) — — — (7,273 ) Loss on note repurchase (22,734 ) — — — (22,734 ) Gain on earthquake insurance — — 22,451 — 22,451 Intercompany interest income (expense) 7,488 2,024 (9,512 ) — — Other income (expense) 4,189 (78 ) 2,904 — 7,015 Income (loss) before income taxes (67,821 ) 119,204 3,351 — 54,734 Provision (benefit) for income taxes (26,770 ) 42,528 9,289 — 25,047 Equity in earnings of subsidiaries 70,738 — 43,605 (114,343 ) — Net income (loss) 29,687 76,676 37,667 (114,343 ) 29,687 Net loss noncontrolling interests — — (5,518 ) — (5,518 ) Net income (loss) attributable to Titan $ 29,687 $ 76,676 $ 43,185 $ (114,343 ) $ 35,205 (Amounts in thousands) Consolidating Condensed Statements of Operations Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 1,325,145 $ 495,533 $ — $ 1,820,678 Cost of sales 1,065 1,051,447 474,027 — 1,526,539 Gross profit (loss) (1,065 ) 273,698 21,506 — 294,139 Selling, general and administrative expenses 9,993 87,481 28,683 — 126,157 Research and development expenses 381 5,741 1,026 — 7,148 Royalty expense — 7,029 5,231 — 12,260 Supply agreement termination income — — (26,134 ) — (26,134 ) Income (loss) from operations (11,439 ) 173,447 12,700 — 174,708 Interest expense (24,066 ) — (3,592 ) — (27,658 ) Noncash Titan Europe gain 26,700 — — — 26,700 Gain on acquisition 11,678 — — — 11,678 Intercompany interest income (expense) 285 2,051 (2,336 ) — — Other income (expense) 4,847 (716 ) 2,692 — 6,823 Income before income taxes 8,005 174,782 9,464 — 192,251 Provision for income taxes 19,327 60,488 6,798 — 86,613 Equity in earnings of subsidiaries 116,960 — 77,748 (194,708 ) — Net income (loss) 105,638 114,294 80,414 (194,708 ) 105,638 Net loss noncontrolling interests — — — (1,593 ) (1,593 ) Net income (loss) attributable to Titan $ 105,638 $ 114,294 $ 80,414 $ (193,115 ) $ 107,231
Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (130,425 ) $ (2,071 ) $ (131,337 ) $ 133,408 $ (130,425 ) Currency translation adjustment, net (63,424 ) — (63,424 ) 63,424 (63,424 ) Pension liability adjustments, net of tax (5,129 ) (4,557 ) (572 ) 5,129 (5,129 ) Comprehensive income (loss) (198,978 ) (6,628 ) (195,333 ) 201,961 (198,978 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (68,856 ) — (68,856 ) Comprehensive income (loss) attributable to Titan $ (198,978 ) $ (6,628 ) $ (126,477 ) $ 201,961 $ (130,122 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 29,687 $ 76,676 $ 37,667 $ (114,343 ) $ 29,687 Unrealized gain (loss) on investments, net of tax (3 ) — (3 ) 3 (3 ) Currency translation adjustment, net (24,287 ) — (24,287 ) 24,287 (24,287 ) Pension liability adjustments, net of tax 14,749 11,472 3,277 (14,749 ) 14,749 Comprehensive income (loss) 20,146 88,148 16,654 (104,802 ) 20,146 Net comprehensive loss attributable to noncontrolling interests — — (9,734 ) — (9,734 ) Comprehensive income (loss) attributable to Titan $ 20,146 $ 88,148 $ 26,388 $ (104,802 ) $ 29,880 (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 105,638 $ 114,294 $ 80,414 $ (194,708 ) $ 105,638 Unrealized gain (loss) on investments, net of tax 1,733 — 1,733 (1,733 ) 1,733 Noncash Titan Europe gain, net of tax (17,208 ) — (17,208 ) 17,208 (17,208 ) Currency translation adjustment, net (7,191 ) — (7,191 ) 7,191 (7,191 ) Pension liability adjustments, net of tax (642 ) 954 (1,596 ) 642 (642 ) Comprehensive income (loss) 82,330 115,248 56,152 (171,400 ) 82,330 Net comprehensive loss attributable to noncontrolling interests — — — (2,007 ) (2,007 ) Comprehensive income (loss) attributable to Titan $ 82,330 $ 115,248 $ 56,152 $ (169,393 ) $ 84,337
Condensed Financial Information, Condensed Balance Sheet [Table Text Block]	(Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (As restated) (As restated) (As restated) Assets Cash and cash equivalents $ 129,985 $ 4 $ 71,462 $ — $ 201,451 Accounts receivable (55 ) 63,645 135,788 — 199,378 Inventories — 103,230 228,202 — 331,432 Prepaid and other current assets 26,803 21,105 55,761 — 103,669 Total current assets 156,733 187,984 491,213 — 835,930 Property, plant and equipment, net 7,590 160,318 359,506 — 527,414 Investment in subsidiaries 745,084 — 109,768 (854,852 ) — Other assets 51,381 827 80,172 — 132,380 Total assets $ 960,788 $ 349,129 $ 1,040,659 $ (854,852 ) $ 1,495,724 Liabilities and Stockholders’ Equity Short-term debt $ — $ — $ 26,233 $ — $ 26,233 Accounts payable 1,795 10,876 133,634 — 146,305 Other current liabilities 28,519 45,291 55,208 — 129,018 Total current liabilities 30,314 56,167 215,075 — 301,556 Long-term debt 460,161 — 36,342 — 496,503 Other long-term liabilities 15,244 20,867 71,496 — 107,607 Intercompany accounts (56,426 ) (228,307 ) 284,733 — — Redeemable noncontrolling interest — — 71,192 — 71,192 Titan stockholders' equity 511,495 500,402 354,450 (854,852 ) 511,495 Noncontrolling interests — — 7,371 — 7,371 Total liabilities and stockholders’ equity $ 960,788 $ 349,129 $ 1,040,659 $ (854,852 ) $ 1,495,724 (Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (As restated) (As restated) Assets Cash and cash equivalents $ 81,472 $ 4 $ 107,884 $ — $ 189,360 Restricted cash — — 14,268 — 14,268 Accounts receivable — 89,259 173,794 — 263,053 Inventories — 129,113 255,807 — 384,920 Prepaid and other current assets 80,876 20,416 54,985 — 156,277 Total current assets 162,348 238,792 606,738 — 1,007,878 Property, plant and equipment, net 9,885 206,928 421,994 — 638,807 Investment in subsidiaries 884,222 — 141,752 (1,025,974 ) — Other assets 34,259 387 139,900 — 174,546 Total assets $ 1,090,714 $ 446,107 $ 1,310,384 $ (1,025,974 ) $ 1,821,231 Liabilities and Stockholders’ Equity Short-term debt $ — $ — $ 75,061 $ — $ 75,061 Accounts payable 368 12,525 163,826 — 176,719 Other current liabilities 15,278 58,001 61,512 — 134,791 Total current liabilities 15,646 70,526 300,399 — 386,571 Long-term debt 460,161 — 37,533 — 497,694 Other long-term liabilities 40,658 15,571 82,701 — 138,930 Intercompany accounts (113,474 ) (147,529 ) 261,003 — — Redeemable noncontrolling interest — — 89,155 — 89,155 Titan stockholders’ equity 687,723 507,539 518,435 (1,025,974 ) 687,723 Noncontrolling interests — — 21,158 — 21,158 Total liabilities and stockholders’ equity $ 1,090,714 $ 446,107 $ 1,310,384 $ (1,025,974 ) $ 1,821,231
Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by operating activities $ 51,113 $ 7,977 $ 54,982 $ 114,072 Cash flows from investing activities: Capital expenditures (914 ) (8,584 ) (48,941 ) (58,439 ) Acquisition of additional interest (49 ) — (13,346 ) (13,395 ) Decrease in restricted cash deposits — — 14,268 14,268 Other, net — 607 4,437 5,044 Net cash used for investing activities (963 ) (7,977 ) (43,582 ) (52,522 ) Cash flows from financing activities: Proceeds from borrowings — — 15,708 15,708 Payment on debt — — (60,345 ) (60,345 ) Proceeds from exercise of stock options 141 — — 141 Excess tax benefit from stock options exercised (672 ) — — (672 ) Payment of financing fees (33 ) — — (33 ) Dividends paid (1,073 ) — — (1,073 ) Net cash used for financing activities (1,637 ) — (44,637 ) (46,274 ) Effect of exchange rate change on cash — — (3,185 ) (3,185 ) Net increase (decrease) in cash and cash equivalents 48,513 — (36,422 ) 12,091 Cash and cash equivalents, beginning of period 81,472 4 107,884 189,360 Cash and cash equivalents, end of period $ 129,985 $ 4 $ 71,462 $ 201,451 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2013 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (175,810 ) $ 28,834 $ 263,625 $ 116,649 Cash flows from investing activities: Capital expenditures (6,290 ) (29,087 ) (44,754 ) (80,131 ) Acquisitions, net of cash acquired — — (95,681 ) (95,681 ) Additional equity investment in Wheels India — — (8,017 ) (8,017 ) Increase in restricted cash deposits — — (14,473 ) (14,473 ) Insurance proceeds — — 2,879 2,879 Other, net — 253 2,091 2,344 Net cash used for investing activities (6,290 ) (28,834 ) (157,955 ) (193,079 ) Cash flows from financing activities: Proceeds from borrowings 745,313 — 43,391 788,704 Repurchase of senior notes (558,360 ) — — (558,360 ) Payment on debt — — (200,721 ) (200,721 ) Convertible note conversion (14,090 ) — — (14,090 ) Capital contribution from noncontrolling interest — — 79,592 79,592 Proceeds from exercise of stock options 1,001 — — 1,001 Excess tax benefit from stock options (68 ) — — (68 ) Payment of financing fees (12,332 ) — — (12,332 ) Dividends paid (1,046 ) — — (1,046 ) Net cash provided by (used for) financing activities 160,418 — (77,738 ) 82,680 Effect of exchange rate change on cash — — (6,004 ) (6,004 ) Net increase (decrease) in cash and cash equivalents (21,682 ) — 21,928 246 Cash and cash equivalents, beginning of period 103,154 4 85,956 189,114 Cash and cash equivalents, end of period $ 81,472 $ 4 $ 107,884 $ 189,360 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2012 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (14,959 ) $ 35,327 $ 109,800 $ 130,168 Cash flows from investing activities: Capital expenditures (6,931 ) (36,025 ) (22,784 ) (65,740 ) Acquisition, net of cash acquired 780 — — 780 Other, net — 698 368 1,066 Net cash used for investing activities (6,151 ) (35,327 ) (22,416 ) (63,894 ) Cash flows from financing activities: Proceeds from borrowings — — 17,171 17,171 Payment of debt — — (20,811 ) (20,811 ) Proceeds from exercise of stock options 934 — — 934 Excess tax benefit from stock options 184 — — 184 Payment of financing fees (1,275 ) — — (1,275 ) Dividends paid (845 ) — — (845 ) Net cash used for financing activities (1,002 ) — (3,640 ) (4,642 ) Effect of exchange rate change on cash — — (1,688 ) (1,688 ) Net increase (decrease) in cash and cash equivalents (22,112 ) — 82,056 59,944 Cash and cash equivalents, beginning of period 125,266 4 3,900 129,170 Cash and cash equivalents, end of period $ 103,154 $ 4 $ 85,956 $ 189,114

REDEEMABLE NONCONTROLLING INT82

REDEEMABLE NONCONTROLLING INTEREST (Tables)	12 Months Ended
	Dec. 31, 2014
Redeemable Noncontrolling Interest [Line Items]
Redeemable Noncontrolling Interest [Table Text Block]	Balance at January 1, 2013 — Acquisition of redeemable noncontrolling interest $ 94,134 Loss attributable to redeemable noncontrolling interest (3,947 ) Currency translation (1,032 ) Balance at December 31, 2013 $ 89,155 Purchase of subsidiary shares (12,193 ) Loss attributable to redeemable noncontrolling interest (37,644 ) Currency translation (17,403 ) Redemption value adjustment 49,277 Balance at December 31, 2014 $ 71,192

DESCRIPTION OF BUSINESS AND S83

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Organization And Accounting Policies [Line Items]
Percentage of LIFO Inventory	11.00%
Senior Notes	$ 400,000
Convertible Debt	60,200
Debt Instrument, Fair Value Disclosure	352,000
Equity Method Investments	0	$ 0
Noncash goodwill impairment charge	36,571	0	$ 0
Research and Development Expense	14,005	11,165	$ 7,148
Advertising Expense	5,000	2,000
Deposits, Foreign	$ 71,400	$ 121,700
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	59,000	60,000	45,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	10,000	225,750	293,000
Building and Building Improvements [Member]
Organization And Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life, Maximum	25 years	40 years
Machinery and Equipment [Member]
Organization And Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life, Maximum	7 years	20 years
Tools, Dies and Molds [Member]
Organization And Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life, Maximum	2 years	9 years
Senior Secured Notes 6.875 Percent [Member]
Organization And Accounting Policies [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.875%
Senior Notes	$ 400,000	$ 400,000
5.625% convertible senior subordinated notes [Member]
Organization And Accounting Policies [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.625%
Convertible Debt	$ 60,161	60,161
Wheels India [Member]
Organization And Accounting Policies [Line Items]
Equity Method Investments	$ 43,540	$ 44,541
Equity Method Investment, Ownership Percentage	34.20%
Equity Method Investment, Quoted Market Value	$ 59,100
Voltyre-Prom [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	15,631
Earthmoving/construction [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	(13,971)
Earthmoving/construction [Member] | Titan National Australia Holdings [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	11,376
Earthmoving/construction [Member] | Voltyre-Prom [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	2,595
Agricultural [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	(20,599)
Agricultural [Member] | Titan Brazil [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	9,564
Agricultural [Member] | Voltyre-Prom [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	11,035
Consumer [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	(2,001)
Consumer [Member] | Voltyre-Prom [Member]
Organization And Accounting Policies [Line Items]
Noncash goodwill impairment charge	$ 2,001

MINING ASSET IMPAIRMENT AND I84

MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
MINING ASSET IMPAIRMENT AND INVENTORY WRITEDOWN [Abstract]
Mining asset impairment	$ 23,242	$ 0	$ 0
Mining inventory writedown	$ 16,690	$ 0	$ 0

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2014	Oct. 04, 2013	Dec. 15, 2012	Oct. 31, 2012	Oct. 19, 2012
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 94,100
Goodwill, Acquired During Period		21,002	$ 21,002
Noncash goodwill impairment charge		36,571	0	$ 0
Business Acquisition, Cost of Acquired Entity, Cash Paid		13,395	95,681	(780)
Noncontrolling Interest, Increase from Business Combination		$ 13,395	14,500
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners						15.00%
Business Acquisition Exchanged Shares of Acquiree's Ordinary Stock		11
Issuance of common stock for Titan Europe acquisition		$ (1,202)	168	148,154
Noncash Titan Europe gain		0	0	26,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Goodwill, Translation Adjustments		(5,504)	(3,868)
Business Acquisition, Pro Forma Information [Abstract]
Net sales			2,423,724
Net income			86,906
Net income attributable to Titan			$ 88,499
Basic earnings per share			$ 1.78
Diluted earnings per share			$ 1.53
Gain on acquisition		0	$ 0	$ (11,678)
Voltyre-Prom [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent					100.00%	85.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Cash		80	80
Accounts receivable		5,596	5,596
Inventories		3,807	3,807
Business Acquisition, Purchase Price Allocation, Deferred Income Taxes, Assets		253	253
Prepaid & other current assets		1,881	1,881
Business Acquisition, Purchase Price Allocation, Other Assets		21,002	21,002
Property, plant & equipment		79,255	79,255
Other assets		17,615	17,615
Accounts Payable		(715)	(715)
Other current liabilities		(4,152)	(4,152)
Deferred income taxes		(15,989)	(15,989)
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value		(1,147)	(14,542)
Net assets acquired		$ 107,486	94,091
Titan Europe [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid	$ 5,600
Business Acquisition, Percentage of Voting Interests Acquired							3.00%	97.00%
Acquisitions (in shares)		6,257,051
Issuance of common stock for Titan Europe acquisition		$ 121,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Cash									$ 39,122
Accounts receivable									128,585
Inventories									178,407
Business Acquisition, Purchase Price Allocation, Deferred Income Taxes, Assets									22,068
Prepaid & other current assets									21,745
Business Acquisition, Preacquisition Contingency, Amount of Settlement			$ 17,024
Business Acquisition, Purchase Price Allocation, Other Assets									36,804
Property, plant & equipment									217,309
Other assets									8,414
Short term debt									(96,822)
Accounts Payable									(142,752)
Other current liabilities									(56,391)
Long term debt									(158,183)
Deferred income taxes									(12,636)
Other noncurrent liabilities									(31,874)
Net assets acquired									170,820
Business Acquisition, Pro Forma Information [Abstract]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other									$ 5,300
Titan Tire Russia B.V. [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent						30.00%
Titan Europe [Member]
Business Acquisition [Line Items]
Available for Sale Security, Ownership Percentage								21.80%
Investment in Titan Europe Plc								$ 31,700
Business Acquisition, Transaction Costs								$ 159,100
Voltyre-Prom [Member]
Business Acquisition [Line Items]
Noncash goodwill impairment charge		$ 15,631

RESTRICTED CASH (Details)

RESTRICTED CASH (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Jan. 31, 2014	Dec. 31, 2013	Oct. 04, 2013
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 0		$ 14,268
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				15.00%
Voltyre-Prom [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent		100.00%		85.00%

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Receivables [Abstract]
Accounts receivable	$ 205,084,000	$ 268,340,000
Allowance for doubtful accounts	(5,706,000)	(5,287,000)	$ (5,130,000)	$ (4,204,000)
Accounts receivable, net	$ 199,378,000	$ 263,053,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Inventory Disclosure [Abstract]
Raw material	$ 119,989	$ 130,403
Work-in-process	41,073	54,190
Finished goods	179,998	208,821
Inventory, Gross	341,060	393,414
Adjustment to LIFO basis	(9,628)	(8,494)
Inventory, Net	331,432	384,920
Effect of LIFO Inventory Liquidation on Income	3,700	3,100
Mining inventory writedown	$ 16,690	$ 0	$ 0

PREPAID AND OTHER CURRENT ASS89

PREPAID AND OTHER CURRENT ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013
Prepaid and Other Current Assets [Abstract]
Prepaid supplies	$ 28,477	$ 30,212
Prepaid Taxes	19,474	48,527
Value Added Tax Receivable, Current	6,294	9,761
Prepaid royalty	5,940	5,642
Other Receivables	3,717	4,777
Prepaid Insurance	2,580	3,281
Deposits Assets, Current	1,700	3,748
Derivative Asset, Current	1,068	0
Other	10,984	8,398
Prepaid and other current assets	$ 80,234	$ 114,346

PROPERTY, PLANT AND EQUIPMENT90

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,011,325	$ 1,082,749
Less accumulated depreciation	(483,911)	(443,942)
Property, Plant and Equipment, Net	527,414	638,807
Depreciation	82,700	75,700	$ 51,100
Capital Leased Assets, Gross	10,800
Mining asset impairment	23,242	0	$ 0
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	60,012	67,243
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	214,472	242,261
Capital Leased Assets, Gross	4,100	4,600
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	585,318	617,709
Capital Leased Assets, Gross	37,700	40,600
Tools, Dies and Molds [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	103,353	112,997
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 48,170	$ 42,539

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013
Other Assets, Noncurrent [Abstract]
Investment in Wheels India	$ 0	$ 0
Finite-Lived Intangible Assets, Net	23,689	35,036
Prepaid royalty	14,966	21,514
Investments for contractual obligations	9,840	8,723
Deferred financing costs	7,082	8,650
Notes, Loans and Financing Receivable, Gross, Noncurrent	5,000	0
Other	12,640	11,235
Other Assets, Noncurrent	116,757	129,699
Wheels India [Member]
Other Assets, Noncurrent [Abstract]
Investment in Wheels India	$ 43,540	$ 44,541

GOODWILL AND INTANGIBLE ASSET92

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill [Roll Forward]
Goodwill at beginning of year	$ 42,075	$ 24,941
Acquisitions	21,002	21,002
Noncash goodwill impairment charge	(36,571)	0	$ 0
Foreign currency translation	(5,504)	(3,868)
Goodwill at end of year	0	42,075	24,941
Noncash goodwill impairment charge	$ (36,571)	0	0
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	12 years 7 months
Finite-Lived Intangible Asset, Useful Life	8 years 6 months
Finite-Lived Customer Relationships, Gross	$ 14,958	16,659
Finite-Lived Trademarks, Gross	15,907	23,015
Finite-Lived Intangible Assets, Gross	30,865	39,674
Finite-Lived Intangible Assets, Accumulated Amortization	(7,176)	(4,638)
Intangible Assets, Net (Excluding Goodwill)	23,689	35,036
Amortization of Intangible Assets	4,400	3,000	1,100
Finite-Lived Intangible Assets, Translation Adjustments	(8,600)
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	3,245
Finite-Lived Intangible Assets, Amortization Expense, Year Two	2,481
Finite-Lived Intangible Assets, Amortization Expense, Year Three	2,354
Finite-Lived Intangible Assets, Amortization Expense, Year Four	2,354
Finite-Lived Intangible Assets, Amortization Expense, Year Five	2,354
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	10,901
Agricultural [Member]
Goodwill [Roll Forward]
Goodwill at beginning of year	24,540	11,522
Acquisitions		14,828
Noncash goodwill impairment charge	20,599
Foreign currency translation	(3,941)	(1,810)
Goodwill at end of year	0	24,540	11,522
Noncash goodwill impairment charge	20,599
Earthmoving/construction [Member]
Goodwill [Roll Forward]
Goodwill at beginning of year	14,898	13,419
Acquisitions		3,486
Noncash goodwill impairment charge	13,971
Foreign currency translation	(927)	(2,007)
Goodwill at end of year	0	14,898	13,419
Noncash goodwill impairment charge	13,971
Consumer [Member]
Goodwill [Roll Forward]
Goodwill at beginning of year	2,637	0
Acquisitions		2,688
Noncash goodwill impairment charge	2,001
Foreign currency translation	(636)	(51)
Goodwill at end of year	0	$ 2,637	$ 0
Noncash goodwill impairment charge	2,001
Voltyre-Prom [Member]
Goodwill [Roll Forward]
Noncash goodwill impairment charge	(15,631)
Noncash goodwill impairment charge	(15,631)
Intangible Assets, Net (Excluding Goodwill)	8,016
Voltyre-Prom [Member] | Agricultural [Member]
Goodwill [Roll Forward]
Noncash goodwill impairment charge	(11,035)
Noncash goodwill impairment charge	(11,035)
Voltyre-Prom [Member] | Earthmoving/construction [Member]
Goodwill [Roll Forward]
Noncash goodwill impairment charge	(2,595)
Noncash goodwill impairment charge	(2,595)
Voltyre-Prom [Member] | Consumer [Member]
Goodwill [Roll Forward]
Noncash goodwill impairment charge	(2,001)
Noncash goodwill impairment charge	(2,001)
Titan National Australia Holdings [Member] | Earthmoving/construction [Member]
Goodwill [Roll Forward]
Noncash goodwill impairment charge	(11,376)
Noncash goodwill impairment charge	(11,376)
Intangible Assets, Net (Excluding Goodwill)	$ 12,774

OTHER CURRENT LIABILITIES (Deta

OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013
OTHER CURRENT LIABILITIES [Abstract]
Warranty	$ 28,144	$ 33,134
Wages and commissions	27,388	29,508
Accrual for Taxes Other than Income Taxes	10,924	11,741
Insurance	10,272	5,785
Accrued interest	8,933	8,472
CEO and management incentive compensation	6,388	4,194
Deferred Tax Liabilities, Net, Current	3,131	3,525
Other	33,838	38,432
Other current liabilities	$ 129,018	$ 134,791

WARRANTY (Details)

WARRANTY (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Warranty liability at beginning of year	$ 33,134	$ 27,482
Acquisitions	0	222
Provision for warranty liabilities	17,672	43,335
Warranty payments made	(22,662)	(37,905)
Warranty liability at end of year	$ 28,144	$ 33,134
Minimum [Member]
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Length of Limited Warranty, Term	0 years
Maximum [Member]
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Length of Limited Warranty, Term	10 years

OTHER LONG-TERM LIABILITIES (De

OTHER LONG-TERM LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013
OTHER LONG-TERM LIABILITIES [Abstract]
Accrued pension liabilities	$ 39,453	$ 39,769
Accrued Income Taxes, Noncurrent	17,807	16,925
Accrued Employee Benefits	15,140	17,124
Deferred Revenue, Noncurrent	11,928	0
Other	4,697	4,127
Other Liabilities, Noncurrent	$ 89,025	$ 77,945

REVOLVING CREDIT FACILITY AND96

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Mar. 31, 2013	Dec. 31, 2010
Debt Instrument [Line Items]
Proceeds from Lines of Credit	$ 0
Debt Instruments [Abstract]
6.875% senior secured notes due 2020	400,000,000
5.625% convertible senior subordinated notes due 2017	60,200,000
Total Long-term debt	522,736,000	$ 572,755,000
Less amounts due within one year	26,233,000	75,061,000
Long-term debt	496,503,000	497,694,000
Maturities of Long-term Debt [Abstract]
2,015	26,233,000
2,016	30,717,000
2,017	64,307,000
2,018	1,386,000
2,019	88,000
Thereafter	400,005,000
Long-term Line of Credit	$ 0
Minimum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Maximum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	6.90%
Senior Secured Notes 6.875 Percent [Member]
Debt Instruments [Abstract]
6.875% senior secured notes due 2020	$ 400,000,000	400,000,000
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	6.875%
5.625% convertible senior subordinated notes [Member]
Debt Instruments [Abstract]
5.625% convertible senior subordinated notes due 2017	$ 60,161,000	60,161,000
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.625%
Debt Conversion, Initial Base Conversion Rate, Shares	0
Debt Conversion, Initial Base Conversion, Amount	$ 1,000
Debt Instrument, Convertible, Conversion Price	$ 10.75
Debt Conversion, Additional Base Conversion Rate, Shares	9.3002
Titan Europe [Member]
Debt Instruments [Abstract]
Other Borrowings	$ 42,291,000	95,087,000
Capital Lease Obligations	3,271,000				$ 3,366,000
Other Debt Obligations [Member]
Debt Instruments [Abstract]
Other debt	$ 17,013,000	$ 14,141,000
Senior Secured Notes 7.875 Percent [Member]
Debt Instruments [Abstract]
6.875% senior secured notes due 2020			$ 525,000,000	$ 325,000,000
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	7.875%
Titan Brazil [Member]
Debt Instruments [Abstract]
Less amounts due within one year	$ 17,013,000
Titan Europe [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Term	1 year
Titan Europe [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Term	10 years
Bank of America [Member] | Line of Credit [Member]
Maturities of Long-term Debt [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000,000
Line of Credit Facility, Current Borrowing Capacity	$ 94,200,000

DERIVATIVE FINANCIAL INSTRUME97

DERIVATIVE FINANCIAL INSTRUMENTS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2014USD ($)
DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]
Derivative, Gain (Loss) on Derivative, Net	$ 1.1

ACCUMULATED OTHER COMPREHENSI98

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent	$ (45,707)	$ (20,071)
Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, Tax	52	52
Currency Translation Adjustments beginning of year	(40,864)	(20,793)
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	0	3
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(20,930)	(35,679)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(61,794)	(56,469)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	0	(3)	$ 1,733
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Prior Service Costs (Credit) Arising During Period, Net of Tax	85	85
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized (Gain) Loss Arising During Period, Net of Tax	(5,214)	14,664
Currency Translation Adjustments end of year	(86,571)	(40,864)	(20,793)
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax CLONE	0	0	3
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax CLONE	(26,059)	(20,930)	(35,679)
Accumulated Other Comprehensive Income (Loss), Net of Tax CLONE	(112,630)	(61,794)	(56,469)
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	0	0	$ 1,018
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax	$ 3,087	$ 8,648

STOCKHOLDERS EQUITY (Details)

STOCKHOLDERS EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Stockholders' Equity Attributable to Parent [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.02		$ 0.02	$ 0.02
Dividends, Common Stock	$ 1,073	$ 1,071	$ 877

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset, Current	$ 1,068	$ 0
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Property, Plant, and Equipment, Fair Value Disclosure	40,346
Mining asset impairment	23,242	0	$ 0
Noncash goodwill impairment charge	36,571	0	0
Fair Value, Measurements, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations	9,840	8,723
Derivative Asset, Current	1,068	0
Preferred stock	250	250
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	(43)	(126)
Assets, Fair Value Disclosure	11,115	8,847
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock	250	250
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations	9,840	8,723
Derivative Asset, Current	0	0
Preferred stock	0	0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0	0
Assets, Fair Value Disclosure	9,840	8,723
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset, Current	1,068	0
Preferred stock	0	0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	(43)	(126)
Assets, Fair Value Disclosure	1,025	(126)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset, Current	0	0
Preferred stock	250	250	250
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0	0
Assets, Fair Value Disclosure	250	250
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock	250	250	$ 250
Gain (Loss) on Investments	$ 0	$ 0

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Variable Interest Entity [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 201,451	$ 189,360	$ 189,114	$ 129,170	$ 129,170
Inventory, Net	331,432	384,920
Other	10,984	8,398
Goodwill	0	42,075	24,941
Property, Plant and Equipment, Net	527,414	638,807
Other Assets, Noncurrent	116,757	129,699
Total assets	1,495,724	1,821,231	$ 1,710,235
Liabilities, Current	301,556	386,571
Liabilities	905,666	1,023,195
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Cash and Cash Equivalents, at Carrying Value	8,861	17,106
Inventory, Net	9,645	33,406
Other	18,115	17,000
Goodwill	0	20,601
Property, Plant and Equipment, Net	36,353	76,060
Other Assets, Noncurrent	8,016	16,673
Total assets	80,990	180,846
Liabilities, Current	11,659	23,816
Liabilities, Noncurrent	7,448	15,818
Liabilities	$ 19,107	$ 39,634

ROYALTY EXPENSE (Details)

ROYALTY EXPENSE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Royalty Expense [Abstract]
Royalty Expense	$ 14,078	$ 14,259	$ 12,260

SUPPLY AGREEMENT TERMINATION103

SUPPLY AGREEMENT TERMINATION INCOME (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
SUPPLY AGREEMENT TERMINATION INCOME [Abstract]
Supply agreement termination income	$ 0	$ 0	$ (26,134)

CONVERTIBLE DEBT CONVERSION 104

CONVERTIBLE DEBT CONVERSION CHARGE (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Extinguishment of Debt [Line Items]
Debt Conversion, Converted Instrument, Shares Issued	4.9
Induced Conversion of Convertible Debt Expense		$ 0	$ 7,273	$ 0
5.625% convertible senior subordinated notes [Member]
Extinguishment of Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		5.625%
Debt Conversion, Original Debt, Amount	$ 52,700
Debt Extinguishment Costs, Early Tender Premium	$ 14,200

LOSS ON NOTE REPURCHASE (Detail

LOSS ON NOTE REPURCHASE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2013	Mar. 31, 2013
Gains (Losses) on Extinguishment of Debt [Abstract]
Loss on senior note repurchase	$ 0	$ (22,734)	$ 0
6.875% senior secured notes due 2020	$ 400,000
Senior Secured Notes 7.875 Percent [Member]
Gains (Losses) on Extinguishment of Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	7.875%
6.875% senior secured notes due 2020				$ 525,000	$ 325,000
Debt Extinguishment Costs, Early Tender Premium	$ 25,000
Redemption Premium	8,100
Write off of Deferred Debt Issuance Cost	7,300
Debt Extinguishment Costs, Other Fees	200
Debt Instrument, Unamortized Discount (Premium), Net	$ (17,900)

EARTHQUAKE INSURANCE RECOVER107

EARTHQUAKE INSURANCE RECOVERY AND GOVERNMENT GRANT (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
GAIN ON EARTHQUAKE INSURANCE RECOVERY [Abstract]
Insurance Recoveries	$ 38,700
Gain on earthquake insurance recovery		$ 0	$ 22,451	$ 0
Revenue from Grants		$ 11,300

GAIN ON ACQUISITION (Details)

GAIN ON ACQUISITION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
GAIN ON ACQUISITION [Abstract]
Gain on acquisition	$ 0	$ 0	$ 11,678

OTHER INCOME (EXPENSE) (Details

OTHER INCOME (EXPENSE) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Component of Other Income, Nonoperating [Line Items]
Gain (Loss) on Disposition of Assets	$ 3,438	$ (173)	$ (707)
Interest income	3,038	3,396	859
Discount amortization on prepaid royalty	2,712	3,296	3,736
Income (Loss) from Equity Method Investments	0	0	0
Investment gain (loss) related to contractual obligations	1,116	1,315	1,022
Rental Income, Nonoperating	903	846	710
Other income (expense)	343	1,825	802
Foreign Currency Transaction Gain (Loss), before Tax	(31,713)	(4,920)	0
Nonoperating Income (Expense)	(18,055)	7,015	6,823
Wheels India [Member]
Component of Other Income, Nonoperating [Line Items]
Income (Loss) from Equity Method Investments	$ 2,108	$ 1,430	$ 401

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
Income (Loss) from Continuing Operations before Income Taxes, Domestic	$ (47,730)	$ 27,023	$ 178,686
Income (Loss) from Continuing Operations before Income Taxes, Foreign	(104,514)	27,711	13,565
Income (loss) before income taxes	(152,244)	54,734	192,251
Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current Federal Tax Expense (Benefit)	(2,753)	11,853	47,616
Current State and Local Tax Expense (Benefit)	258	5,398	13,537
Current Foreign Tax Expense (Benefit)	5,476	11,800	8,290
Current Income Tax Expense (Benefit)	2,981	29,051	69,443
Deferred Federal Income Tax Expense (Benefit)	(11,670)	(8,473)	14,179
Deferred State and Local Income Tax Expense (Benefit)	(1,205)	(316)	1,235
Deferred Foreign Income Tax Expense (Benefit)	(11,925)	4,785	1,756
Deferred Income Tax Expense (Benefit)	(24,800)	(4,004)	17,170
Income Tax Expense (Benefit)	$ (21,819)	$ 25,047	$ 86,613
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	35.00%	35.00%	35.00%
Effective Income Tax Rate Reconciliation, Unrecognized Tax Positions	0.70%	6.20%	3.50%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential	(0.40%)	4.50%	6.10%
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent	0.00%	(14.20%)	0.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses	(10.60%)	0.00%	0.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	(11.30%)	19.00%	0.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes	0.80%	1.90%	2.50%
Effective Income Tax Rate Reconciliation, Deductions, Qualified Production Activities	0.00%	(3.20%)	(3.10%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other	1.50%	(1.00%)	0.00%
Effective income tax rate reconciliation, Section 162m	0.00%	0.00%	2.50%
Effective Income Tax Rate Reconciliation, Disposition of Assets	0.00%	0.00%	2.00%
Effective Income Tax Rate Reconciliation,Other Reconciling Items, Percent	0.00%	0.00%	(2.00%)
Effective Income Tax Rate Reconciliation, Other Adjustments	(1.40%)	(2.40%)	(1.40%)
Effective Income Tax Rate, Continuing Operations	14.30%	45.80%	45.10%
Components of Deferred Tax Assets and Liabilities [Abstract]
Deferred Tax Assets, Operating Loss Carryforwards	$ 55,590	$ 41,933
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	2,200
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration	53,400
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Pensions	8,590	6,269
Deferred Tax Assets, Inventory	7,807	3,564
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Warranty Reserves	9,945	11,460
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits	15,967	13,146
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts	1,254	3,773
Deferred Tax Assets, Prepaids	7,960	8,464
Deferred Tax Assets, Other	14,551	14,929
Deferred Tax Assets, Gross	121,664	103,538
Deferred Tax Liabilities, Property, Plant and Equipment	(50,009)	(71,749)
Deferred Tax Liabilities, Intangible Assets	(6,043)	(8,454)
Deferred Tax Liabilities, Other	(3,027)	(5,957)
Deferred Tax Liabilities, Gross	59,079	86,160
Deferred Tax Liabilities	62,585	17,378
Deferred Tax Assets, Valuation Allowance	(45,241)	(37,185)
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent	17,344	(19,807)
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized Tax Benefits, Increases Resulting from Current Period Tax Positions	190	4,256	$ 6,050
Unrecognized Tax Benefits, Increases Resulting from Prior Period Tax Positions	3,131	433	5,822
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	(1,806)	(250)	0
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations	(802)	(272)	0
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities	(656)	(721)	0
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation	(100)
Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation		45	0
Unrecognized Tax Benefits, end of period	15,320	15,363	11,872
Unremitted Earnings in Foreign Investment			122,500
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	12,100
Unrecognized Tax Benefits, Gross	18,100	17,800	14,300
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	300	100	2,400
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 2,800	$ 2,500	$ 2,400

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Amortization of Net Prior Service Cost (Credit)			$ 100
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax		$ (33,070)	(41,370)	$ (33,070)
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Postretirement Benefits		12,894	15,929	12,894
Defined Benefit Plan, Amount of Employer and Related Party Securities Included in Plan Assets		$ 3,100	$ 1,800	$ 3,100
Defined Benefit Plan, Equity Securities		100.00%	100.00%	100.00%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate			5.86%		4.71%	4.30%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate		4.78%	4.08%	4.78%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Benefit Obligations			7.40%		7.40%
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Prior Service Cost (Credit), before Tax		$ (754)	$ (618)	$ (754)
Defined Benefit Plan, Benefit Obligation		123,182	126,766	123,182	$ 139,104
Defined Benefit Plan, Service Cost			618	850	850	$ 380
Defined Benefit Plan, Interest Cost			5,653	5,408	5,408	5,082
Defined Benefit Plan, Expected Return on Plan Assets			(6,068)		(5,585)	(5,022)
Defined Benefit Plan, Actuarial Net (Gains) Losses			9,382	(12,848)
Defined Benefit Plan, Benefits Paid			(9,187)	(9,258)
Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets			(236)	78
Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Benefit Obligation			(2,882)	(74)
Defined Benefit Plan, Actual Return on Plan Assets			3,912	10,255
Defined Benefit Plan, Contributions by Employer			5,685	4,674
Asset Retirement Obligation, Cash Paid to Settle			(9,032)	9,223
Defined Benefit Plan, Funded Status of Plan		(39,230)	(42,485)	(39,230)
Defined Benefit Plan, Assets for Plan Benefits, Noncurrent		539	537	539
Defined Benefit Pension Plan Liabilities, Current		0	(3,569)	0
Defined Benefit Pension Plan, Liabilities, Noncurrent		(39,769)	(39,453)	(39,769)
Defined Benefit Plan, Amounts Recognized in Balance Sheet		(39,230)	(42,485)	(39,230)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax		(20,930)	(26,059)	(20,930)	(35,679)
Defined Benefit Plan, Fair Value of Plan Assets		$ 83,952	84,281	83,952	78,168
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Recognized in Net Periodic Benefit Cost, before Tax			137		137	137
Defined Benefit Plan, Amortization of Gains (Losses)			3,033		5,264	5,195
Defined Benefit Plan, Net Periodic Benefit Cost			$ 3,373		$ 6,074	$ 5,772
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Historical Rate of Return, Equities			9.00%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Historical Rate of Return, Fixed Income Securities			6.00%
Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year			$ 6,000
Defined Benefit Plan, Expected Future Benefit Payments in Year One			8,924
Defined Benefit Plan, Expected Future Benefit Payments in Year Two			8,942
Defined Benefit Plan, Expected Future Benefit Payments in Year Three			8,883
Defined Benefit Plan, Expected Future Benefit Payments in Year Four			8,864
Defined Benefit Plan, Expected Future Benefit Payments in Year Five			8,547
Defined Benefit Plan, Expected Future Benefit Payments in Five Fiscal Years Thereafter			$ 43,137
Defined Contribution Plan, Employer's Matching Contribution of Employee's Gross Pay Allowed to be Matched, Percent			25.00%		25.00%
Defined Contribution Plan, Employer Matching Contribution, Percent			6.00%		6.00%
Stock Issued During Period, Shares, Employee Benefit Plan		39,935			35,207	27,562
Defined Contribution Plan, Cost Recognized		$ 600			$ 700	$ 600
Defined Benefit Plan, Amortization of Net Gains (Losses)			$ 2,900
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets			7.40%		7.43%	7.50%
Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		$ 6,051	$ 3,325	$ 6,051
Equity Securities, U.S. [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities	[1]	58.00%	61.00%	58.00%
Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		23.00%	25.00%	23.00%
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		7.00%	5.20%	7.00%
Equity Securites, International [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities	[1]	12.00%	8.80%	12.00%
Domestic Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		$ 32,757	$ 32,472	$ 32,757
Foreign Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		4,921	3,986	4,921
Domestic Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		4,012	5,875	4,012
Foreign Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		519	1,611	519
US Treasury and Government [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		18	14	18
Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
525190 Other Insurance Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		1,974	1,799	1,974
Common Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		33,700	$ 35,199	33,700
Parent Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities			5.00%			5.00%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities			80.00%
Maximum [Member] | Equity Securities, U.S. [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities			80.00%
Maximum [Member] | Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities			50.00%
Maximum [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities			20.00%
Maximum [Member] | Equity Securites, International [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities	[1]		16.00%
Minimum [Member] | Equity Securities, U.S. [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities	[1]		40.00%
Minimum [Member] | Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities			20.00%
Minimum [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities			0.00%
Minimum [Member] | Equity Securites, International [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities	[1]		0.00%
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		47,759	$ 46,584	47,759
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		6,051	3,325	6,051
Fair Value, Inputs, Level 1 [Member] | Domestic Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		32,757	32,472	32,757
Fair Value, Inputs, Level 1 [Member] | Foreign Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		4,921	3,986	4,921
Fair Value, Inputs, Level 1 [Member] | Domestic Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		4,012	5,875	4,012
Fair Value, Inputs, Level 1 [Member] | Foreign Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 1 [Member] | US Treasury and Government [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		18	14	18
Fair Value, Inputs, Level 1 [Member] | Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
Fair Value, Inputs, Level 1 [Member] | 525190 Other Insurance Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
Fair Value, Inputs, Level 1 [Member] | Common Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	912	0
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		36,193	37,697	36,193
Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 2 [Member] | Domestic Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 2 [Member] | Foreign Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 2 [Member] | Domestic Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 2 [Member] | Foreign Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		519	1,611	519
Fair Value, Inputs, Level 2 [Member] | US Treasury and Government [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
Fair Value, Inputs, Level 2 [Member] | 525190 Other Insurance Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		1,974		1,974
Fair Value, Inputs, Level 2 [Member] | Common Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		33,700	34,287	33,700
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Domestic Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Foreign Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Domestic Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Foreign Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | US Treasury and Government [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
Fair Value, Inputs, Level 3 [Member] | 525190 Other Insurance Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		0		0
Fair Value, Inputs, Level 3 [Member] | Common Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets		$ 0	0	0
Titan Tire, Bryan and Walcott Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Benefit Obligation			104,500
Defined Benefit Plan, Fair Value of Plan Assets			82,500
Dico Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets						$ 500
Defined Contribution/401k Plans, Total [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution/401k Plans, Number Sponsored by the Company					4
Defined Contribution/401k Plans, Employees Covered by Collective Bargaining Arrangements [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution/401k Plans, Number Sponsored by the Company					3
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Benefit Obligation			22,300
Defined Benefit Plan, Fair Value of Plan Assets			1,800
Foreign Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized			$ 4,700	$ 4,100	$ 800
[1]	Total equities may not exceed 80% of total plan assets.

STOCK COMPENSATION (Details)

STOCK COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Share-based Arrangements, Liability, Current	$ 4,700
Share-based Compensation	$ 5,400	$ 4,800	$ 4,100
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	6 years		6 years	6 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Stock Option Expiration, Term	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value	$ 0	$ 400	$ 1,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Shares Subject to Option, beginning of year	1,154,069
Granted	59,000	60,000	45,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 16.37
Exercised	(8,971)
Forfeited/Expired	(26,025)
Shares Subject to Option, end of year	1,178,073	1,154,069
Weighted-Average Exercise Price, beginning of year	$ 18.18
Granted	9.97	$ 14.51	$ 13.39
Exercised	15.75
Forfeited/Expired			$ 18.93
Weighted-Average Exercise Price, end of year	$ 18.09	$ 18.18
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	1,178,073
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 18.09
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	5 years 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	0
Proceeds from Stock Options Exercised	141	$ 1,001	$ 934
Tax Benefit from Stock Options Exercised	$ 0	$ 200	$ 400	$ 0
Treasury Stock, Shares	1,504,064	1,692,220
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	67.75%		68.39%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.10%		0.10%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.8047%		1.01%
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Intrinsic Value	$ 19,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	16,760
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	21,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	19,460
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Intrinsic Value	$ 19,040	$ 19,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	10,000	225,750	293,000
Equity Incentive Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,700,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted	59,000	60,000	45,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	518,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(139,250)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(46,250)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	342,500	518,000

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
LEASE COMMITMENTS [Abstract]
Operating Leases, Rent Expense	$ 10,200	$ 7,600	$ 2,200
Operating Leases, Future Minimum Payments Due [Abstract]
2,015	6,874
2,016	5,824
2,017	3,996
2,018	2,235
2,019	1,451
Thereafter	1,885
Total future minimum lease payments	22,265
Capital Leased Assets, Gross	10,800
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,015	1,522
2,016	1,015
2,017	526
2,018	115
2,019	88
Thereafter	5
Capital Leases, Future Minimum Payments Due	3,271
Capital Leases, Future Minimum Payments, Interest Included in Payments	(71)
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments	$ 3,200

CONCENTRATION OF CREDIT RISK (D

CONCENTRATION OF CREDIT RISK (Details) - Sales Revenue, Goods, Net [Member]	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%	10.00%	10.00%
Deere & Company [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%		13.00%	18.69%
CNH Global N. V. [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	9.00%	9.00%	10.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]
Related Party Transaction, Revenues from Transactions with Related Party	$ 2.6	$ 3	$ 2.1
Related Party Transaction, Due from (to) Related Party	0.2	0.2
Related Party Transaction, Expenses from Transactions with Related Party	2.4	2.5	$ 2.8
Related Party Transaction, Purchases from Related Party	9.9	0.8
Accounts Payable, Related Parties, Current	$ 0.1	$ 0.3
Wheels India [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	34.20%

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands		3 Months Ended									12 Months Ended
		Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Mar. 31, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Revenues from external customers		$ 383,277	$ 449,579	$ 523,731	$ 538,940	$ 494,407	$ 497,510	$ 593,291	$ 578,387	$ 1,820,678	$ 1,895,527	$ 2,163,595	$ 1,820,678
Gross profit (loss)		18,234	$ 45,299	$ 22,560	$ 54,550	49,278	$ 62,506	$ 86,655	$ 96,751		140,643	295,190	294,139
Income (loss) from operations											(97,625)	102,395	174,708
Interest expense											(36,564)	(47,120)	(27,658)
Convertible debt conversion charge											0	(7,273)	0
Loss on senior note repurchase											0	(22,734)	0
Noncash Titan Europe gain											0	0	26,700
Gain on earthquake insurance recovery											0	22,451	0
Gain on acquisition											0	0	11,678
Other income, net											(18,055)	7,015	6,823
Income (loss) before income taxes											(152,244)	54,734	192,251
Payments to Acquire Property, Plant, and Equipment											58,439	80,131	65,740
Depreciation & amortization											88,704	80,622	54,095
Total assets		1,821,231				1,710,235					1,495,724	1,821,231	1,710,235
Cash and Cash Equivalents, at Carrying Value		189,360				189,114					201,451	189,360	189,114	$ 129,170	$ 129,170
Agricultural [Member]
Segment Reporting Information [Line Items]
Revenues from external customers											1,016,882	1,182,187	1,080,412
Gross profit (loss)											134,688	198,910	206,376
Income (loss) from operations											63,838	151,841	178,587
Payments to Acquire Property, Plant, and Equipment											17,448	28,763	26,886
Depreciation & amortization											37,996	29,781	20,435
Total assets		725,032				555,020					508,741	725,032	555,020
Earthmoving/construction [Member]
Segment Reporting Information [Line Items]
Revenues from external customers											610,596	749,115	501,617
Gross profit (loss)											(7,609)	83,358	74,348
Income (loss) from operations											(80,600)	22,008	47,310
Payments to Acquire Property, Plant, and Equipment											29,190	35,702	26,508
Depreciation & amortization											36,608	40,272	24,192
Total assets		749,564				841,502					591,553	749,564	841,502
Consumer [Member]
Segment Reporting Information [Line Items]
Revenues from external customers											268,049	232,293	238,649
Gross profit (loss)											16,250	15,542	16,366
Income (loss) from operations											(8,766)	1,630	32,243
Payments to Acquire Property, Plant, and Equipment											7,608	7,393	4,100
Depreciation & amortization											9,743	6,246	5,855
Total assets		172,320				140,592					175,475	172,320	140,592
Unallocated Amount to Segment [Member]
Segment Reporting Information [Line Items]
Gross profit (loss)											(2,686)	(2,620)	(2,951)
Income (loss) from operations											(72,097)	(73,084)	(83,432)
Payments to Acquire Property, Plant, and Equipment											4,193	8,273	8,246
Depreciation & amortization											4,357	4,323	3,613
Total assets	[1]	174,315				$ 173,121					219,955	174,315	$ 173,121
Cash and Cash Equivalents, at Carrying Value		$ 82,000									$ 133,000	$ 82,000			$ 103,000
[1]	Unallocated assets include cash of approximately $133 million, $82 million, and $103 million at year-end 2014, 2013 and 2012, respectively.

SEGMENT INFORMATION GEOGRAPHIC

SEGMENT INFORMATION GEOGRAPHIC INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Mar. 31, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from external customers	$ 383,277	$ 449,579	$ 523,731	$ 538,940	$ 494,407	$ 497,510	$ 593,291	$ 578,387	$ 1,820,678	$ 1,895,527	$ 2,163,595	$ 1,820,678
Long-lived Assets	680,882				593,285					527,414	680,882	593,285
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from external customers									1,356,264	904,097	1,159,061
Long-lived Assets	266,413				262,064					223,797	266,413	262,064
BRAZIL
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from external customers									328,005	352,342	397,426
Long-lived Assets	101,282				112,480					80,414	101,282	112,480
Other Countries [Domain]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from external customers									$ 136,409	639,088	607,108
Long-lived Assets	$ 313,187				$ 218,741					$ 223,203	$ 313,187	$ 218,741

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended															12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	[1]	Sep. 30, 2013	Jun. 30, 2013	[2]	Mar. 31, 2013	[3]	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Parent					$ (53,046)		$ (9,067)	$ (20,511)		$ 2,163		$ (15,580)	$ 8,093	$ 23,217	$ 19,475	$ (80,461)	$ 35,205	$ 107,231
Noncontrolling Interest, Change in Redemption Value																(49,277)	0	0
Net Income (Loss) Available to Common Stockholders, Basic																(129,738)	35,205	107,231
Dilutive Securities, Effect on Basic Earnings Per Share, Including Options and Restrictive Stock Units																0
Dilutive Securities, Effect on Basic Earnings Per Share																0	2,600	4,572
Net Income (Loss) Available to Common Stockholders, Diluted																$ (129,738)
Titan Net income (loss)																	$ 37,805	$ 111,803
Weighted Average Number of Shares Outstanding, Basic																53,497	53,039	43,380
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount																200	258	254
Incremental Common Shares Attributable to Conversion of Debt Securities																5,600	6,225	11,028
Weighted-average shares																53,497	59,522	54,662
Earnings Per Share, Basic	$ (1.58)	$ (0.47)	$ (0.40)	$ 0.02	$ (1.58)		$ (0.47)	$ (0.40)		$ 0.02		$ (0.29)	$ 0.15	$ 0.43	$ 0.38	$ (2.43)	$ 0.66	$ 2.47
Earnings Per Share, Diluted	$ (1.58)	$ (0.47)	$ (0.40)	$ 0.02	$ (1.58)		$ (0.47)	$ (0.40)		$ 0.02		$ (0.29)	$ 0.15	$ 0.40	$ 0.34	$ (2.43)	$ 0.64	$ 2.05
[1]	Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.
[2]	Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013.
[3]	(a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014.

SUPPLEMENTARY DATA - QUARTER119

SUPPLEMENTARY DATA - QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																6 Months Ended	12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013		Mar. 31, 2013		Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Mar. 31, 2011	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Selected Quarterly Financial Information [Abstract]
Net sales					$ 383,277		$ 449,579	$ 523,731		$ 538,940		$ 494,407	$ 497,510	$ 593,291	$ 578,387	$ 1,820,678		$ 1,895,527	$ 2,163,595	$ 1,820,678
Gross Profit					18,234		45,299	22,560		54,550		49,278	62,506	86,655	96,751			140,643	295,190	294,139
Net Income (Loss) Attributable to Parent					$ (53,046)	[1]	$ (9,067)	$ (20,511)	[2]	$ 2,163	[3]	$ (15,580)	$ 8,093	$ 23,217	$ 19,475			$ (80,461)	$ 35,205	$ 107,231
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ (1.58)	$ (0.47)	$ (0.40)	$ 0.02	$ (1.58)	[1]	$ (0.47)	$ (0.40)	[2]	$ 0.02	[3]	$ (0.29)	$ 0.15	$ 0.43	$ 0.38			$ (2.43)	$ 0.66	$ 2.47
Earnings Per Share, Diluted	$ (1.58)	$ (0.47)	$ (0.40)	$ 0.02	$ (1.58)	[1]	$ (0.47)	$ (0.40)	[2]	$ 0.02	[3]	$ (0.29)	$ 0.15	$ 0.40	$ 0.34			$ (2.43)	$ 0.64	$ 2.05
Mining asset impairment and inventory writedown																	$ 34,797	$ 39,932	$ 0	$ 0
Noncash goodwill impairment charge																		36,571	0	0
Convertible debt conversion charge																		0	(7,273)	0
Gain on earthquake insurance recovery																		0	(22,451)	0
Loss on senior note repurchase																		$ 0	$ (22,734)	$ 0
[1]	Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.
[2]	Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013.
[3]	(a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014.

SUBSIDIARY GUARANTOR FINANCI120

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013		Mar. 31, 2013		Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Mar. 31, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2011
Income Statement [Abstract]
Net sales	$ 383,277		$ 449,579	$ 523,731		$ 538,940		$ 494,407	$ 497,510	$ 593,291	$ 578,387	$ 1,820,678	$ 1,895,527	$ 2,163,595	$ 1,820,678
Cost of Goods Sold													1,714,952	1,868,405	1,526,539
Gross Profit	18,234		45,299	22,560		54,550		49,278	62,506	86,655	96,751		140,643	295,190	294,139
Selling, General and Administrative Expense													173,614	167,371	126,157
Research and Development Expense													14,005	11,165	7,148
Royalty Expense													14,078	14,259	12,260
Noncash goodwill impairment charge													36,571	0	0
Supply agreement termination income													0	0	(26,134)
Operating Income (Loss)													(97,625)	102,395	174,708
Interest expense													(36,564)	(47,120)	(27,658)
Noncash Titan Europe gain													0	0	26,700
Induced Conversion of Convertible Debt Expense													0	(7,273)	0
Gain on acquisition													0	0	11,678
Loss on senior note repurchase													0	(22,734)	0
Gain on earthquake insurance recovery													0	22,451	0
Interest Expense, Related Party													0	0	0
Other income (expense)													(18,055)	7,015	6,823
Income (loss) before income taxes													(152,244)	54,734	192,251
Income Tax Expense (Benefit)													(21,819)	25,047	86,613
Income (Loss) from Equity Method Investments													0	0	0
Net Income (loss)													(130,425)	29,687	105,638
Net Income (Loss) Attributable to Noncontrolling Interest													(49,964)	(5,518)	(1,593)
Net Income (Loss) Attributable to Parent	(53,046)	[1]	$ (9,067)	$ (20,511)	[2]	$ 2,163	[3]	(15,580)	$ 8,093	$ 23,217	$ 19,475		(80,461)	35,205	107,231
Comprehensive Income Statement [Abstract]
Net Income (loss)													(130,425)	29,687	105,638
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax													0	(3)	1,733
Noncash Titan Europe Plc gain, net of tax													0	0	(17,208)
Currency translation adjustment, net													(63,424)	(24,287)	(7,191)
Pension liability adjustments, net of tax													(5,129)	14,749	(642)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest													(198,978)	20,146	82,330
Net comprehensive loss attributable to noncontrolling interests													(68,856)	(9,734)	(2,007)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent													(130,122)	29,880	84,337
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	189,360							189,114					201,451	189,360	189,114	$ 129,170	$ 129,170
Restricted cash	14,268												0	14,268
Accounts Receivable, Net, Current	263,053												199,378	263,053
Inventory, Net	384,920												331,432	384,920
Prepaid Expense, Deffered Income Taxes and Other Assets, Current	156,277												103,669	156,277
Assets, Current	1,007,878												835,930	1,007,878
Property, Plant and Equipment, Net	638,807												527,414	638,807
Equity Method Investments	0												0	0
Other Assets, Goodwill, Deferred Income Tax Asset, Noncurrent	174,546												132,380	174,546
Assets	1,821,231							1,710,235					1,495,724	1,821,231	1,710,235
Short-term Debt	75,061												26,233	75,061
Accounts Payable, Current	176,719												146,305	176,719
Other current liabilities	134,791												129,018	134,791
Liabilities, Current	386,571												301,556	386,571
Long-term debt	497,694												496,503	497,694
Liabilities, Other than Long-term Debt, Noncurrent	138,930												107,607	138,930
Due to Related Parties	0												0	0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	89,155												71,192	89,155
Stockholders' Equity Attributable to Parent	687,723												511,495	687,723
Stockholders' Equity Attributable to Noncontrolling Interest	21,158												7,371	21,158
Liabilities and Equity	1,821,231												1,495,724	1,821,231
Statement of Cash Flows [Abstract]
Net Cash Provided by (Used in) Operating Activities													114,072	116,649	130,168
Capital expenditures													(58,439)	(80,131)	(65,740)
Payments to Acquire Businesses, Gross													(13,395)	(95,681)	780
Additional equity investment in Wheels India													0	(8,017)	0
Payments to Acquire Marketable Securities														(8,017)
Increase (Decrease) in Restricted Cash													14,268	(14,473)	0
Insurance proceeds													0	2,879	0
Payments for (Proceeds from) Other Investing Activities													(5,044)	(2,344)	(1,066)
Net Cash Provided by (Used in) Investing Activities													(52,522)	(193,079)	(63,894)
Proceeds from Issuance of Long-term Debt													15,708	788,704	17,171	17,171
Early Repayment of Senior Debt													0	(558,360)	0
Repayments of Other Debt													(60,345)	(200,721)	(20,811)
Convertible note conversion													0	(14,090)	0
Capital contribution from noncontrolling interest													0	79,592	0
Proceeds from Stock Options Exercised													141	1,001	934
Excess Tax Benefit from Share-based Compensation, Financing Activities													(672)	(68)	184
Payments of Financing Costs													(33)	(12,332)	(1,275)
Payments of Dividends, Common Stock													(1,073)	(1,046)	(845)
Net Cash Provided by (Used in) Financing Activities													(46,274)	82,680	(4,642)
Effect of Exchange Rate on Cash and Cash Equivalents													(3,185)	(6,004)	(1,688)
Cash and Cash Equivalents, Period Increase (Decrease)													12,091	246	59,944
Parent [Member] | Senior Secured Notes 6.875 Percent [Member]
Income Statement [Abstract]
Net sales													0	0	0
Cost of Goods Sold													927	1,157	1,065
Gross Profit													(927)	(1,157)	(1,065)
Selling, General and Administrative Expense													12,887	9,608	9,993
Research and Development Expense													72	(35)	381
Royalty Expense													0	0	0
Noncash goodwill impairment charge													0
Supply agreement termination income															0
Operating Income (Loss)													(13,886)	(10,730)	(11,439)
Interest expense													(32,783)	(38,761)	(24,066)
Noncash Titan Europe gain															(26,700)
Induced Conversion of Convertible Debt Expense														(7,273)
Gain on acquisition															11,678
Loss on senior note repurchase														(22,734)
Gain on earthquake insurance recovery														0
Interest Expense, Related Party													6,416	7,488	285
Other income (expense)													4,258	4,189	4,847
Income (loss) before income taxes													(35,995)	(67,821)	8,005
Income Tax Expense (Benefit)													(12,765)	(26,770)	19,327
Income (Loss) from Equity Method Investments													(107,195)	70,738	116,960
Net Income (loss)													(130,425)	29,687	105,638
Net Income (Loss) Attributable to Noncontrolling Interest													0	0	0
Net Income (Loss) Attributable to Parent													(130,425)	29,687	105,638
Comprehensive Income Statement [Abstract]
Net Income (loss)													(130,425)	29,687	105,638
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax														(3)	1,733
Noncash Titan Europe Plc gain, net of tax															(17,208)
Currency translation adjustment, net													(63,424)	(24,287)	(7,191)
Pension liability adjustments, net of tax													(5,129)	(14,749)	(642)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest													(198,978)	20,146	82,330
Net comprehensive loss attributable to noncontrolling interests													0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent													(198,978)	20,146	82,330
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	81,472							103,154					129,985	81,472	103,154	125,266
Restricted cash	0													0
Accounts Receivable, Net, Current	0												(55)	0
Inventory, Net	0												0	0
Prepaid Expense, Deffered Income Taxes and Other Assets, Current	80,876												26,803	80,876
Assets, Current	162,348												156,733	162,348
Property, Plant and Equipment, Net	9,885												7,590	9,885
Equity Method Investments	884,222												745,084	884,222
Other Assets, Goodwill, Deferred Income Tax Asset, Noncurrent	34,259												51,381	34,259
Assets	1,090,714												960,788	1,090,714
Short-term Debt	0												0	0
Accounts Payable, Current	368												1,795	368
Other current liabilities	15,278												28,519	15,278
Liabilities, Current	15,646												30,314	15,646
Long-term debt	460,161												460,161	460,161
Liabilities, Other than Long-term Debt, Noncurrent	40,658												15,244	40,658
Due to Related Parties	(113,474)												(56,426)	(113,474)
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0												0	0
Stockholders' Equity Attributable to Parent	687,723												511,495	687,723
Stockholders' Equity Attributable to Noncontrolling Interest	0												0	0
Liabilities and Equity	1,090,714												960,788	1,090,714
Statement of Cash Flows [Abstract]
Net Cash Provided by (Used in) Operating Activities													51,113	(175,810)	(14,959)
Capital expenditures													(914)	(6,290)	(6,931)
Payments to Acquire Businesses, Gross													(49)	0	780
Payments to Acquire Marketable Securities														0
Increase (Decrease) in Restricted Cash													0	0
Insurance proceeds														0
Payments for (Proceeds from) Other Investing Activities													0	0	0
Net Cash Provided by (Used in) Investing Activities													(963)	(6,290)	(6,151)
Proceeds from Issuance of Long-term Debt													0	745,313
Early Repayment of Senior Debt														(558,360)
Repayments of Other Debt													0	0	0
Convertible note conversion														(14,090)
Capital contribution from noncontrolling interest														0
Proceeds from Stock Options Exercised													141	1,001	934
Excess Tax Benefit from Share-based Compensation, Financing Activities													(672)	(68)	(184)
Payments of Financing Costs													(33)	(12,332)	(1,275)
Payments of Dividends, Common Stock													(1,073)	(1,046)	(845)
Net Cash Provided by (Used in) Financing Activities													(1,637)	160,418	(1,002)
Effect of Exchange Rate on Cash and Cash Equivalents													0	0	0
Cash and Cash Equivalents, Period Increase (Decrease)													48,513	(21,682)	(22,112)
Parent [Member] | Senior Secured Notes 7.875 Percent [Member]
Statement of Cash Flows [Abstract]
Proceeds from Issuance of Long-term Debt																0
Guarantor Subsidiaries [Member] | Senior Secured Notes 6.875 Percent [Member]
Income Statement [Abstract]
Net sales													879,982	1,139,366	1,325,145
Cost of Goods Sold													800,310	936,022	1,051,447
Gross Profit													79,672	203,344	273,698
Selling, General and Administrative Expense													71,548	73,196	87,481
Research and Development Expense													5,309	5,563	5,741
Royalty Expense													7,620	7,327	7,029
Noncash goodwill impairment charge													0
Supply agreement termination income															0
Operating Income (Loss)													(4,805)	117,258	173,447
Interest expense													0	0	0
Noncash Titan Europe gain															0
Induced Conversion of Convertible Debt Expense														0
Gain on acquisition															0
Loss on senior note repurchase														0
Gain on earthquake insurance recovery														0
Interest Expense, Related Party													2,346	2,024	2,051
Other income (expense)													14	(78)	(716)
Income (loss) before income taxes													(2,445)	119,204	174,782
Income Tax Expense (Benefit)													(374)	42,528	60,488
Income (Loss) from Equity Method Investments													0	0	0
Net Income (loss)													(2,071)	76,676	114,294
Net Income (Loss) Attributable to Noncontrolling Interest													0	0	0
Net Income (Loss) Attributable to Parent													(2,071)	76,676	114,294
Comprehensive Income Statement [Abstract]
Net Income (loss)													(2,071)	76,676	114,294
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax														0	0
Noncash Titan Europe Plc gain, net of tax															0
Currency translation adjustment, net													0	0	0
Pension liability adjustments, net of tax													4,557	(11,472)	(954)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest													(6,628)	88,148	115,248
Net comprehensive loss attributable to noncontrolling interests													0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent													(6,628)	88,148	115,248
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	4							4					4	4	4	4
Restricted cash	0													0
Accounts Receivable, Net, Current	89,259												63,645	89,259
Inventory, Net	129,113												103,230	129,113
Prepaid Expense, Deffered Income Taxes and Other Assets, Current	20,416												21,105	20,416
Assets, Current	238,792												187,984	238,792
Property, Plant and Equipment, Net	206,928												160,318	206,928
Equity Method Investments	0												0	0
Other Assets, Goodwill, Deferred Income Tax Asset, Noncurrent	387												827	387
Assets	446,107												349,129	446,107
Short-term Debt	0												0	0
Accounts Payable, Current	12,525												10,876	12,525
Other current liabilities	58,001												45,291	58,001
Liabilities, Current	70,526												56,167	70,526
Long-term debt	0												0	0
Liabilities, Other than Long-term Debt, Noncurrent	15,571												20,867	15,571
Due to Related Parties	(147,529)												(228,307)	(147,529)
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0												0	0
Stockholders' Equity Attributable to Parent	507,539												500,402	507,539
Stockholders' Equity Attributable to Noncontrolling Interest	0												0	0
Liabilities and Equity	446,107												349,129	446,107
Statement of Cash Flows [Abstract]
Net Cash Provided by (Used in) Operating Activities													7,977	28,834	35,327
Capital expenditures													(8,584)	(29,087)	(36,025)
Payments to Acquire Businesses, Gross													0	0	0
Payments to Acquire Marketable Securities														0
Increase (Decrease) in Restricted Cash													0	0
Insurance proceeds														0
Payments for (Proceeds from) Other Investing Activities													(607)	(253)	(698)
Net Cash Provided by (Used in) Investing Activities													(7,977)	(28,834)	(35,327)
Proceeds from Issuance of Long-term Debt													0	0
Early Repayment of Senior Debt														0
Repayments of Other Debt													0	0	0
Convertible note conversion														0
Capital contribution from noncontrolling interest														0
Proceeds from Stock Options Exercised													0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities													0	0	0
Payments of Financing Costs													0	0	0
Payments of Dividends, Common Stock													0	0	0
Net Cash Provided by (Used in) Financing Activities													0	0	0
Effect of Exchange Rate on Cash and Cash Equivalents													0	0	0
Cash and Cash Equivalents, Period Increase (Decrease)													0	0	0
Guarantor Subsidiaries [Member] | Senior Secured Notes 7.875 Percent [Member]
Statement of Cash Flows [Abstract]
Proceeds from Issuance of Long-term Debt																0
Non-Guarantor Subsidiaries [Member] | Senior Secured Notes 6.875 Percent [Member]
Income Statement [Abstract]
Net sales													1,015,545	1,024,229	495,533
Cost of Goods Sold													953,647	931,226	474,027
Gross Profit													61,898	93,003	21,506
Selling, General and Administrative Expense													89,179	84,567	28,683
Research and Development Expense													8,624	5,637	1,026
Royalty Expense													6,458	6,932	5,231
Noncash goodwill impairment charge													36,571
Supply agreement termination income															(26,134)
Operating Income (Loss)													(78,934)	(4,133)	12,700
Interest expense													(3,781)	(8,359)	(3,592)
Noncash Titan Europe gain															0
Induced Conversion of Convertible Debt Expense														0
Gain on acquisition															0
Loss on senior note repurchase														0
Gain on earthquake insurance recovery														22,451
Interest Expense, Related Party													(8,762)	(9,512)	(2,336)
Other income (expense)													(22,327)	2,904	2,692
Income (loss) before income taxes													(113,804)	3,351	9,464
Income Tax Expense (Benefit)													(8,680)	9,289	6,798
Income (Loss) from Equity Method Investments													(26,213)	43,605	77,748
Net Income (loss)													(131,337)	37,667	80,414
Net Income (Loss) Attributable to Noncontrolling Interest													(49,964)	(5,518)	0
Net Income (Loss) Attributable to Parent													(81,373)	43,185	80,414
Comprehensive Income Statement [Abstract]
Net Income (loss)													(131,337)	37,667	80,414
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax														(3)	1,733
Noncash Titan Europe Plc gain, net of tax															(17,208)
Currency translation adjustment, net													(63,424)	(24,287)	(7,191)
Pension liability adjustments, net of tax													572	(3,277)	1,596
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest													(195,333)	16,654	56,152
Net comprehensive loss attributable to noncontrolling interests													(68,856)	(9,734)	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent													(126,477)	26,388	56,152
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	107,884							$ 85,956					71,462	107,884	85,956	3,900
Restricted cash	14,268													14,268
Accounts Receivable, Net, Current	173,794												135,788	173,794
Inventory, Net	255,807												228,202	255,807
Prepaid Expense, Deffered Income Taxes and Other Assets, Current	54,985												55,761	54,985
Assets, Current	606,738												491,213	606,738
Property, Plant and Equipment, Net	421,994												359,506	421,994
Equity Method Investments	141,752												109,768	141,752
Other Assets, Goodwill, Deferred Income Tax Asset, Noncurrent	139,900												80,172	139,900
Assets	1,310,384												1,040,659	1,310,384
Short-term Debt	75,061												26,233	75,061
Accounts Payable, Current	163,826												133,634	163,826
Other current liabilities	61,512												55,208	61,512
Liabilities, Current	300,399												215,075	300,399
Long-term debt	37,533												36,342	37,533
Liabilities, Other than Long-term Debt, Noncurrent	82,701												71,496	82,701
Due to Related Parties	261,003												284,733	261,003
Redeemable Noncontrolling Interest, Equity, Carrying Amount	89,155												71,192	89,155
Stockholders' Equity Attributable to Parent	518,435												354,450	518,435
Stockholders' Equity Attributable to Noncontrolling Interest	21,158												7,371	21,158
Liabilities and Equity	1,310,384												1,040,659	1,310,384
Statement of Cash Flows [Abstract]
Net Cash Provided by (Used in) Operating Activities													54,982	263,625	109,800
Capital expenditures													(48,941)	(44,754)	(22,784)
Payments to Acquire Businesses, Gross													(13,346)	(95,681)	0
Payments to Acquire Marketable Securities														8,017
Increase (Decrease) in Restricted Cash													(14,268)	14,473
Insurance proceeds														(2,879)
Payments for (Proceeds from) Other Investing Activities													(4,437)	(2,091)	(368)
Net Cash Provided by (Used in) Investing Activities													(43,582)	(157,955)	(22,416)
Proceeds from Issuance of Long-term Debt													15,708	43,391
Early Repayment of Senior Debt														0
Repayments of Other Debt													(60,345)	(200,721)	(20,811)
Convertible note conversion														0
Capital contribution from noncontrolling interest														79,592
Proceeds from Stock Options Exercised													0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities													0	0	0
Payments of Financing Costs													0	0	0
Payments of Dividends, Common Stock													0	0	0
Net Cash Provided by (Used in) Financing Activities													(44,637)	(77,738)	(3,640)
Effect of Exchange Rate on Cash and Cash Equivalents													(3,185)	(6,004)	(1,688)
Cash and Cash Equivalents, Period Increase (Decrease)													(36,422)	21,928	82,056
Non-Guarantor Subsidiaries [Member] | Senior Secured Notes 7.875 Percent [Member]
Statement of Cash Flows [Abstract]
Proceeds from Issuance of Long-term Debt																$ 17,171
Consolidation, Eliminations [Member] | Senior Secured Notes 6.875 Percent [Member]
Income Statement [Abstract]
Net sales													0	0	0
Cost of Goods Sold													0	0	0
Gross Profit													0	0	0
Selling, General and Administrative Expense													0	0	0
Research and Development Expense													0	0	0
Royalty Expense													0	0	0
Noncash goodwill impairment charge													0
Supply agreement termination income															0
Operating Income (Loss)													0	0	0
Interest expense													0	0	0
Noncash Titan Europe gain															0
Induced Conversion of Convertible Debt Expense														0
Gain on acquisition															0
Loss on senior note repurchase														0
Gain on earthquake insurance recovery														0
Interest Expense, Related Party													0	0	0
Other income (expense)													0	0	0
Income (loss) before income taxes													0	0	0
Income Tax Expense (Benefit)													0	0	0
Income (Loss) from Equity Method Investments													133,408	(114,343)	(194,708)
Net Income (loss)													133,408	(114,343)	(194,708)
Net Income (Loss) Attributable to Noncontrolling Interest													0	0	(1,593)
Net Income (Loss) Attributable to Parent													133,408	(114,343)	(193,115)
Comprehensive Income Statement [Abstract]
Net Income (loss)													133,408	(114,343)	(194,708)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax														3	(1,733)
Noncash Titan Europe Plc gain, net of tax															17,208
Currency translation adjustment, net													63,424	24,287	7,191
Pension liability adjustments, net of tax													(5,129)	14,749	(642)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest													201,961	(104,802)	(171,400)
Net comprehensive loss attributable to noncontrolling interests													0	0	(2,007)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent													201,961	(104,802)	$ (169,393)
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	0												0	0
Restricted cash	0													0
Accounts Receivable, Net, Current	0												0	0
Inventory, Net	0												0	0
Prepaid Expense, Deffered Income Taxes and Other Assets, Current	0												0	0
Assets, Current	0												0	0
Property, Plant and Equipment, Net	0												0	0
Equity Method Investments	(1,025,974)												(854,852)	(1,025,974)
Other Assets, Goodwill, Deferred Income Tax Asset, Noncurrent	0												0	0
Assets	(1,025,974)												(854,852)	(1,025,974)
Short-term Debt	0												0	0
Accounts Payable, Current	0												0	0
Other current liabilities	0												0	0
Liabilities, Current	0												0	0
Long-term debt	0												0	0
Liabilities, Other than Long-term Debt, Noncurrent	0												0	0
Due to Related Parties	0												0	0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0												0	0
Stockholders' Equity Attributable to Parent	(1,025,974)												(854,852)	(1,025,974)
Stockholders' Equity Attributable to Noncontrolling Interest	0												0	0
Liabilities and Equity	$ (1,025,974)												(854,852)	$ (1,025,974)
Cost of Goods, Total [Member]
Income Statement [Abstract]
Cost of Goods Sold													$ 1,754,884
[1]	Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.
[2]	Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013.
[3]	(a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014.

SCHEDULE II - VALUATION RESE121

SCHEDULE II - VALUATION RESERVES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Valuation and Qualifying Accounts [Abstract]
Balance at beginning of year	$ 5,287,000	$ 5,130,000
Provision for Doubtful Accounts	536,000	2,984,000	$ 1,240,000
Valuation Allowances and Reserves, Deductions	(117,000)	(2,827,000)	(314,000)
Balance at end of year	$ 5,706,000	$ 5,287,000	$ 5,130,000

REDEEMABLE NONCONTROLLING IN122

REDEEMABLE NONCONTROLLING INTEREST (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Increase from Business Combination	$ 13,395	$ 14,500
Loss attributable to redeemable noncontrolling interest	(37,644)	(3,947)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	(17,403)	(1,032)
Noncontrolling Interest, Change in Redemption Value	49,277	0	$ 0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	71,192	89,155
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	$ (12,193)
Noncontrolling Interest [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Increase from Business Combination		$ 94,134

RESTATEMENT (Details)

RESTATEMENT (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended															12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	[2]	Mar. 31, 2013	[3]	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ (1.58)	$ (0.47)	$ (0.40)	$ 0.02	$ (1.58)	[1]	$ (0.47)	$ (0.40)		$ 0.02		$ (0.29)	$ 0.15	$ 0.43	$ 0.38	$ (2.43)	$ 0.66	$ 2.47
Impact of Restatement on Earnings Per Share, Basic	(0.59)	(0.30)	(0.02)	(0.02)												(0.93)
Earnings Per Share, Diluted	(1.58)	(0.47)	(0.40)	0.02	$ (1.58)	[1]	$ (0.47)	$ (0.40)		$ 0.02		$ (0.29)	$ 0.15	$ 0.40	$ 0.34	(2.43)	$ 0.64	$ 2.05
Impact of Restatement on Earnings Per Share, Diluted	$ 0	0	0	0												$ 0
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 201,451				$ 189,360							$ 189,114				$ 201,451	$ 189,360	$ 189,114	$ 129,170	$ 129,170
Restricted cash	0				14,268											0	14,268
Accounts Receivable, Net, Current	199,378				263,053											199,378	263,053
Inventory, Net	331,432				384,920											331,432	384,920
Deferred Tax Assets, Net of Valuation Allowance, Current	23,435				41,931											23,435	41,931
Prepaid Expense and Other Assets, Current	80,234				114,346											80,234	114,346
Assets, Current	835,930				1,007,878											835,930	1,007,878
Property, Plant and Equipment, Net	527,414				638,807											527,414	638,807
Goodwill	0				42,075							24,941				0	42,075	24,941
Deferred income taxes	15,623				2,772											15,623	2,772
Other Assets, Noncurrent	116,757				129,699											116,757	129,699
Assets	1,495,724				1,821,231							1,710,235				1,495,724	1,821,231	1,710,235
Short-term Debt	26,233				75,061											26,233	75,061
Accounts Payable, Current	146,305				176,719											146,305	176,719
Other current liabilities	129,018				134,791											129,018	134,791
Liabilities, Current	301,556				386,571											301,556	386,571
Long-term debt	496,503				497,694											496,503	497,694
Deferred income taxes	18,582				60,985											18,582	60,985
Other long-term liabilities	89,025				77,945											89,025	77,945
Liabilities	905,666				1,023,195											905,666	1,023,195
Redeemable Noncontrolling Interest, Equity, Carrying Amount	71,192				89,155											71,192	89,155
Common stock (no par, 120,000,000 shares authorized, 55,253,092 issued)	0				0											0	0
Additional paid-in capital	513,090				558,637											513,090	558,637
Retained earnings	126,007				207,541											126,007	207,541
Treasury Stock, Value	13,897				15,586											13,897	15,586
Common Stock, Shares Held in Employee Trust	1,075				1,075											1,075	1,075
Accumulated other comprehensive loss	(112,630)				(61,794)							(56,469)				(112,630)	(61,794)	(56,469)
Stockholders' Equity Attributable to Parent	511,495				687,723											511,495	687,723
Stockholders' Equity Attributable to Noncontrolling Interest	7,371				21,158											7,371	21,158
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	518,866				708,881							$ 632,362				518,866	708,881	$ 632,362	$ 396,879
Liabilities and Equity	1,495,724				1,821,231											1,495,724	1,821,231
Restatement Adjustment [Member]
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	0				0											0	0
Restricted cash					0												0
Accounts Receivable, Net, Current	0				0											0	0
Inventory, Net	0				0											0	0
Deferred Tax Assets, Net of Valuation Allowance, Current	0				0											0	0
Prepaid Expense and Other Assets, Current	0				0											0	0
Assets, Current	0				0											0	0
Property, Plant and Equipment, Net	0				0											0	0
Goodwill					0												0
Deferred income taxes	0				0											0	0
Other Assets, Noncurrent	0				0											0	0
Assets	0				0											0	0
Short-term Debt	0				0											0	0
Accounts Payable, Current	0				0											0	0
Other current liabilities	0				0											0	0
Liabilities, Current	0				0											0	0
Long-term debt	0				0											0	0
Deferred income taxes	0				0											0	0
Other long-term liabilities	0				0											0	0
Liabilities	0				0											0	0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	71,192				89,155											71,192	89,155
Common stock (no par, 120,000,000 shares authorized, 55,253,092 issued)	0				0											0	0
Additional paid-in capital	(49,277)				0											(49,277)	0
Retained earnings	0				0											0	0
Treasury Stock, Value	0				0											0	0
Common Stock, Shares Held in Employee Trust	0				0											0	0
Accumulated other comprehensive loss	0				0											0	0
Stockholders' Equity Attributable to Parent	(49,277)				0											(49,277)	0
Stockholders' Equity Attributable to Noncontrolling Interest	(21,915)				(89,155)											(21,915)	(89,155)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(71,192)				(89,155)											(71,192)	(89,155)
Liabilities and Equity	0				0											0	0
Scenario, Previously Reported [Member]
Statement of Financial Position [Abstract]
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0				0											0	0
Additional paid-in capital	562,367															562,367
Stockholders' Equity Attributable to Parent	560,772															560,772
Stockholders' Equity Attributable to Noncontrolling Interest	29,286				110,313											29,286	110,313
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 590,058				$ 798,036											$ 590,058	$ 798,036
Scenario, Previously Reported [Member]
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ (0.99)	(0.17)	(0.38)	0.04												$ (1.50)
Earnings Per Share, Diluted	$ (0.99)	$ (0.17)	$ (0.38)	$ 0.04												$ (1.50)
[1]	Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013.
[2]	Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013.
[3]	(a) Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014.

Uncategorized Items - twi-20141

Label	Element	Value
Unrecognized Tax Benefits	us-gaap_UnrecognizedTaxBenefits	$ 0