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 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 and marketing expenses recorded by non-guarantor subsidiaries have not been allocated to the guarantor subsidiaries. (Amounts in thousands) Consolidating Condensed Statements of Operations For the Three Months Ended June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 173,334 $ 202,733 $ — $ 376,067 Cost of sales 207 141,328 183,479 — 325,014 Gross profit (loss) (207 ) 32,006 19,254 — 51,053 Selling, general and administrative expenses 2,617 16,757 18,474 — 37,848 Research and development expenses — 805 1,974 — 2,779 Royalty expense — 1,832 1,063 — 2,895 Income (loss) from operations (2,824 ) 12,612 (2,257 ) — 7,531 Interest expense (8,094 ) (1 ) (547 ) — (8,642 ) Intercompany interest income (expense) 248 — (248 ) — — Other income (expense) (393 ) 3 7,296 — 6,906 Income (loss) before income taxes (11,063 ) 12,614 4,244 — 5,795 Provision (benefit) for income taxes (5,787 ) 4,796 2,506 — 1,515 Equity in earnings of subsidiaries 9,556 — 3,535 (13,091 ) — Net income (loss) 4,280 7,818 5,273 (13,091 ) 4,280 Net loss noncontrolling interests — — (2,491 ) — (2,491 ) Net income (loss) attributable to Titan $ 4,280 $ 7,818 $ 7,764 $ (13,091 ) $ 6,771 (Amounts in thousands) Consolidating Condensed Statements of Operations For the Three Months Ended June 30, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 244,664 $ 279,067 $ — $ 523,731 Cost of sales 303 241,915 260,740 — 502,958 Gross profit (loss) (303 ) 2,749 18,327 — 20,773 Selling, general and administrative expenses 2,388 17,611 22,836 — 42,835 Research and development expenses 72 1,214 2,289 — 3,575 Royalty expense — 1,926 1,904 — 3,830 Income (loss) from operations (2,763 ) (18,002 ) (8,702 ) — (29,467 ) Interest expense (8,255 ) — (671 ) — (8,926 ) Intercompany interest income (expense) 1,618 — (1,618 ) — — Other income (expense) 1,192 103 5,040 — 6,335 Income (loss) before income taxes (8,208 ) (17,899 ) (5,951 ) — (32,058 ) Provision (benefit) for income taxes 69 (6,437 ) (799 ) — (7,167 ) Equity in earnings of subsidiaries (16,614 ) — (18,004 ) 34,618 — Net income (loss) (24,891 ) (11,462 ) (23,156 ) 34,618 (24,891 ) Net loss noncontrolling interests — — (4,380 ) — (4,380 ) Net income (loss) attributable to Titan $ (24,891 ) $ (11,462 ) $ (18,776 ) $ 34,618 $ (20,511 ) (Amounts in thousands) Consolidating Condensed Statements of Operations For the Six Months Ended June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 367,307 $ 410,819 $ — $ 778,126 Cost of sales 438 309,279 374,562 — 684,279 Gross profit (loss) (438 ) 58,028 36,257 — 93,847 Selling, general and administrative expenses 5,251 32,136 36,135 — 73,522 Research and development expenses — 1,805 4,060 — 5,865 Royalty expense — 3,756 2,364 — 6,120 Loss from operations (5,689 ) 20,331 (6,302 ) — 8,340 Interest expense (16,209 ) (1 ) (1,188 ) — (17,398 ) Intercompany interest income (expense) 390 — (390 ) — — Other income (expense) 5,004 (376 ) 10,561 — 15,189 Income (loss) before income taxes (16,504 ) 19,954 2,681 — 6,131 Provision (benefit) for income taxes (3,398 ) 7,489 (1,180 ) — 2,911 Equity in earnings of subsidiaries 16,326 — 3,372 (19,698 ) — Net income (loss) 3,220 12,465 7,233 (19,698 ) 3,220 Net loss noncontrolling interests — — (3,783 ) — (3,783 ) Net income (loss) attributable to Titan $ 3,220 $ 12,465 $ 11,016 $ (19,698 ) $ 7,003 (Amounts in thousands) Consolidating Condensed Statements of Operations For the Six Months Ended June 30, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 508,622 $ 554,049 $ — $ 1,062,671 Cost of sales 513 470,154 519,254 — 989,921 Gross profit (loss) (513 ) 38,468 34,795 — 72,750 Selling, general and administrative expenses 4,032 36,601 46,078 — 86,711 Research and development expenses 72 3,367 4,232 — 7,671 Royalty expense — 3,774 3,797 — 7,571 Income (loss) from operations (4,617 ) (5,274 ) (19,312 ) — (29,203 ) Interest expense (16,517 ) — (1,668 ) — (18,185 ) Intercompany interest income (expense) 3,302 — (3,302 ) — — Other income (expense) 1,534 48 5,269 — 6,851 Income (loss) before income taxes (16,298 ) (5,226 ) (19,013 ) — (40,537 ) Provision (benefit) for income taxes (5,971 ) (1,627 ) (2,920 ) — (10,518 ) Equity in earnings of subsidiaries (19,692 ) — (18,881 ) 38,573 — Net income (loss) (30,019 ) (3,599 ) (34,974 ) 38,573 (30,019 ) Net loss noncontrolling interests — — (11,671 ) — (11,671 ) Net income (loss) attributable to Titan $ (30,019 ) $ (3,599 ) $ (23,303 ) $ 38,573 $ (18,348 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 4,280 $ 7,818 $ 5,273 $ (13,091 ) $ 4,280 Currency translation adjustment, net 4,436 — 4,436 (4,436 ) 4,436 Pension liability adjustments, net of tax 1,488 427 1,061 (1,488 ) 1,488 Comprehensive income (loss) 10,204 8,245 10,770 (19,015 ) 10,204 Net comprehensive loss attributable to redeemable and noncontrolling interests — — (1,904 ) — (1,904 ) Comprehensive income (loss) attributable to Titan $ 10,204 $ 8,245 $ 12,674 $ (19,015 ) $ 12,108 (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended June 30, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (24,891 ) $ (11,462 ) $ (23,156 ) $ 34,618 $ (24,891 ) Currency translation adjustment, net 7,826 — 7,826 (7,826 ) 7,826 Pension liability adjustments, net of tax 28 450 (422 ) (28 ) 28 Comprehensive income (loss) (17,037 ) (11,012 ) (15,752 ) 26,764 (17,037 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (1,062 ) — (1,062 ) Comprehensive income (loss) attributable to Titan $ (17,037 ) $ (11,012 ) $ (14,690 ) $ 26,764 $ (15,975 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Six Months Ended June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 3,220 $ 12,465 $ 7,233 $ (19,698 ) $ 3,220 Currency translation adjustment, net (40,950 ) — (40,950 ) 40,950 (40,950 ) Pension liability adjustments, net of tax 1,497 854 643 (1,497 ) 1,497 Comprehensive income (loss) (36,233 ) 13,319 (33,074 ) 19,755 (36,233 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (4,917 ) — (4,917 ) Comprehensive income (loss) attributable to Titan $ (36,233 ) $ 13,319 $ (28,157 ) $ 19,755 $ (31,316 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Six Months Ended June 30, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (30,019 ) $ (3,599 ) $ (34,974 ) $ 38,573 $ (30,019 ) Currency translation adjustment, net 8,214 — 8,214 (8,214 ) 8,214 Pension liability adjustments, net of tax 745 900 (155 ) (745 ) 745 Comprehensive income (loss) (21,060 ) (2,699 ) (26,915 ) 29,614 (21,060 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (13,245 ) — (13,245 ) Comprehensive income (loss) attributable to Titan $ (21,060 ) $ (2,699 ) $ (13,670 ) $ 29,614 $ (7,815 ) (Amounts in thousands) Consolidating Condensed Balance Sheets June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (As restated) (As restated) (As restated) Assets Cash and cash equivalents $ 128,163 $ 4 $ 59,317 $ — $ 187,484 Accounts receivable, net — 77,191 147,498 — 224,689 Inventories — 96,405 209,682 — 306,087 Prepaid and other current assets 21,516 16,603 50,639 — 88,758 Total current assets 149,679 190,203 467,136 — 807,018 Property, plant and equipment, net 7,408 148,053 327,946 — 483,407 Investment in subsidiaries 789,267 — 114,165 (903,432 ) — Other assets 48,886 1,212 79,891 — 129,989 Total assets $ 995,240 $ 339,468 $ 989,138 $ (903,432 ) $ 1,420,414 Liabilities and Stockholders’ Equity Short-term debt $ — $ — $ 25,068 $ — $ 25,068 Accounts payable 1,559 12,862 121,337 — 135,758 Other current liabilities 29,513 41,812 50,642 — 121,967 Total current liabilities 31,072 54,674 197,047 — 282,793 Long-term debt 460,161 — 35,112 — 495,273 Other long-term liabilities 8,339 18,967 60,548 — 87,854 Intercompany accounts 15,102 (247,824 ) 232,722 — — Redeemable noncontrolling interest — — 70,511 — 70,511 Titan stockholders' equity 480,566 513,651 389,781 (903,432 ) 480,566 Noncontrolling interests — — 3,417 — 3,417 Total liabilities and stockholders’ equity $ 995,240 $ 339,468 $ 989,138 $ (903,432 ) $ 1,420,414 (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, net (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 Statements of Cash Flows For the Six Months Ended June 30, 2015 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (478 ) $ 2,769 $ 5,551 $ 7,842 Cash flows from investing activities: Capital expenditures (412 ) (2,799 ) (19,294 ) (22,505 ) Other, net — 30 2,678 2,708 Net cash used for investing activities (412 ) (2,769 ) (16,616 ) (19,797 ) Cash flows from financing activities: Proceeds from borrowings — — 13,239 13,239 Payment on debt — — (8,517 ) (8,517 ) Proceeds from exercise of stock options 144 — — 144 Excess tax benefit from stock-based compensation (538 ) — — (538 ) Dividends paid (538 ) — — (538 ) Net cash provided by (used for) financing activities (932 ) — 4,722 3,790 Effect of exchange rate change on cash — — (5,802 ) (5,802 ) Net decrease in cash and cash equivalents (1,822 ) — (12,145 ) (13,967 ) Cash and cash equivalents, beginning of period 129,985 4 71,462 201,451 Cash and cash equivalents, end of period $ 128,163 $ 4 $ 59,317 $ 187,484 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows For the Six Months Ended June 30, 2014 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by operating activities $ 11,495 $ 4,430 $ 27,130 $ 43,055 Cash flows from investing activities: Capital expenditures (667 ) (4,770 ) (25,446 ) (30,883 ) Acquisition of additional interest (49 ) — (13,346 ) (13,395 ) Decrease in restricted cash deposits — — 14,268 14,268 Other, net — 341 2,900 3,241 Net cash used for investing activities (716 ) (4,429 ) (21,624 ) (26,769 ) Cash flows from financing activities: Proceeds from borrowings — — 6,217 6,217 Payment on debt — — (53,393 ) (53,393 ) Proceeds from exercise of stock options 141 — — 141 Excess tax benefit from stock-based compensation (45 ) — — (45 ) Payment of financing fees (33 ) — — (33 ) Dividends paid (536 ) — — (536 ) Net cash provided by (used for) financing activities (473 ) — (47,176 ) (47,649 ) Effect of exchange rate change on cash — — 4,957 4,957 Net increase (decrease) in cash and cash equivalents 10,306 1 (36,713 ) (26,406 ) Cash and cash equivalents, beginning of period 81,472 4 107,884 189,360 Cash and cash equivalents, end of period $ 91,778 $ 5 $ 71,171 $ 162,954 |