Titan International (TWI) 10-Q 4 May 17 2017 Q1 Quarterly report Financial data

Document and Entitiy Informatio

Document and Entitiy Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 25, 2017
Document Information [Line Items]
Entity Registrant Name	TITAN INTERNATIONAL INC
Entity Central Index Key	899,751
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		59,657,340

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net sales	$ 357,501	$ 321,794
Cost of sales	317,772	293,497
Gross profit (loss)	39,729	28,297
Selling, general & administrative expenses	41,338	35,062
Research and development expenses	2,843	2,479
Royalty expense	2,609	2,294
Operating Income (Loss)	(7,061)	(11,538)
Interest expense	(7,721)	(8,512)
Foreign exchange gain	4,490	4,823
Other income	3,149	3,905
Loss before income taxes	(7,143)	(11,322)
Provision for income taxes	3,442	1,004
Net loss	(10,585)	(12,326)
Net income attributable to noncontrolling interests	868	417
Net loss attributable to Titan	(11,453)	(12,743)
Noncontrolling Interest, Change in Redemption Value	(941)	5,208
Net loss Available to Common Stockholders, Basic	$ (10,512)	$ (17,951)
Earnings (loss) per common share:
Basic (in dollars per share)	$ (0.18)	$ (0.33)
Diluted (in dollars per share)	$ (0.18)	$ (0.33)
Average common shares outstanding:
Basic (in shares)	58,572	53,854
Diluted (in shares)	58,572	53,854
Dividends declared per common share:	$ 0.005	$ 0.005

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net loss	$ (10,585)	$ (12,326)
Currency translation adjustment, net	11,019	17,584
Pension liability adjustments, net of tax of $(706), $(123), $(806), and $(506), respectively	733	287
Comprehensive income (loss)	1,167	5,545
Net comprehensive income, attributable to noncontrolling interests	2,783	5,400
Comprehensive income (loss) attributable to Titan	$ (1,616)	$ 145

CONSOLIDATED STATEMENTS OF COM4

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on investments, tax	$ 0	$ 0
Pension liability adjustments, tax	$ (14)	$ (171)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 131,158	$ 147,827
Certificates of Deposit, at Carrying Value	50,000	50,000
Accounts receivable, net	232,244	179,384
Inventories	292,401	272,236
Prepaid and other current assets	78,291	79,734
Total current assets	784,094	729,181
Property, plant and equipment, net	439,333	437,201
Deferred Income Taxes	6,758	4,663
Investments and Other Noncurrent Assets	96,048	94,851
Total assets	1,326,233	1,265,896
Current liabilities
Short-term debt	46,244	97,412
Long-term Debt, Current Maturities	46,244	97,412
Accounts payable	186,163	148,255
Other current liabilities	129,281	120,437
Total current liabilities	361,688	366,104
Long-term debt	409,706	408,760
Deferred income taxes	16,362	13,183
Other long-term liabilities	81,225	80,161
Total liabilities	868,981	868,208
Redeemable Noncontrolling Interest, Equity, Carrying Amount	106,825	104,809
Titan stockholders' equity
Common stock ($0.0001 par value, 120,000,000 shares authorized, 55,253,092 issued, 53,984,344 outstanding)	0	0
Additional paid-in capital	538,707	479,075
Retained earnings	5,463	17,214
Treasury stock (at cost, 1,268,748 and 1,339,583 shares, respectively)	(10,015)	(10,119)
Deferred Compensation Equity	(1,075)	(1,075)
Accumulated other comprehensive loss	(178,441)	(188,278)
Total Titan stockholders' equity	354,639	296,817
Noncontrolling interests	(4,212)	(3,938)
Total equity	350,427	292,879
Total liabilities and equity	$ 1,326,233	$ 1,265,896

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Liabilities and Equity [Abstract]
Common Stock, par value	$ 0.0001	$ 0
Common Stock, shares authorized (in shares)	120,000,000	120,000,000
Common Stock, shares issued (in shares)	60,715,336	55,253,092
Common Stock, shares, outstanding (in shares)	59,643,711
Treasury Stock, shares (in shares)	1,071,645	1,083,212

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - 3 months ended Mar. 31, 2017 - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Treasury stock [Member]	Deferred Compensation, Share-based Payments [Member]	Accumulated other comprehensive income (loss) [Member]	Parent [Member]	Noncontrolling interest [Member]
Variable Interest Entity, Members Draw	$ (101)							$ 0	$ (101)
Balance, Beginning (in shares) at Dec. 31, 2016		54,169,880
Balance, Beginning at Dec. 31, 2016	292,879		479,075	$ 17,214	$ (10,119)	$ (1,075)	$ (188,278)	296,817	(3,938)
Net loss	(10,585)			(11,453)				(11,453)
Currency translation adjustment	11,019						9,104	9,104
Pension liability adjustments, net of tax	733						733	733
Dividends	(298)			(298)				(298)
Noncontrolling Interest, Period Increase (Decrease)	0
Noncontrolling Interest, Change in Redemption Value	(941)		941					941
Stock-based compensation	204		204					204
Issuance of treasury stock under 401(k) plan (in shares)		11,567
Issuance of treasury stock under 401(k) plan	131		27		104			131
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	(11,205)								248
Temporary Equity, Foreign Currency Translation Adjustments	$ 8,683								(421)
Balance, Ending (in shares) at Mar. 31, 2017	59,643,711	59,643,711
Balance, Ending at Mar. 31, 2017	$ 350,427		538,707	$ 5,463	$ (10,015)	$ (1,075)	$ (178,441)	354,639	$ (4,212)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	620
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	2,337
Stockholders' Equity, Other Shares		5,462,264
Stockholders' Equity, Other	$ 58,460		$ (58,460)					$ (58,460)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss	$ (10,585)	$ (12,326)
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	14,466	15,249
Deferred income tax provision	715	(278)
Stock-based compensation	204	370
Issuance of treasury stock under 401(k) plan	131	136
Non-cash foreign currency translation loss	(1,342)	(4,000)
(Increase) decrease in assets:
Accounts receivable	(48,180)	(32,150)
Inventories	(14,547)	15,610
Prepaid and other current assets	2,641	3,335
Other assets	(251)	(1,119)
Increase (decrease) in liabilities:
Accounts payable	34,313	9,747
Other current liabilities	7,425	7,796
Other liabilities	471	(37)
Net cash provided by operating activities	(14,539)	2,333
Cash flows from investing activities:
Capital expenditures	(8,389)	(7,149)
Other	574	771
Net cash used for investing activities	(7,815)	(6,378)
Cash flows from financing activities:
Proceeds from borrowings	14,635	110
Payment on debt	(10,216)	(7,288)
Dividends paid	(271)	(270)
Net cash provided by (used for) financing activities	4,148	(7,448)
Effect of exchange rate changes on cash	1,537	2,402
Net increase (decrease) in cash and cash equivalents	(16,669)	(9,091)
Cash and cash equivalents, beginning of period	147,827	200,188
Cash and cash equivalents, end of period	131,158	191,097
Supplemental Cash Flow Information [Abstract]
Interest paid	2,458	2,179
Income taxes paid	648	1,137
Stockholders' Equity, Other	$ 58,460	$ 0

ACCOUNTING POLICIES

ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
ACCOUNTING POLICIES	ACCOUNTING POLICIES In the opinion of Titan International, Inc. (Titan or the Company), the accompanying unaudited consolidated condensed financial statements contain all adjustments which are normal and recurring and necessary for a fair statement of the Company's financial position as of March 31, 2017 , and the results of operations and cash flows for three months ended March 31, 2017 and 2016 . Accounting policies have continued without significant change and are described in Note 1: Description of Business and Significant Accounting Policies contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2016. These interim financial statements have been prepared pursuant to the Securities and Exchange Commission's rules applicable to Form 10-Q and, therefore, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2016. Inventories Inventories are valued at the lower of cost or net realizable value. The Company’s inventories are 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. Prior to 2017, the Company used the last in, first out (LIFO) inventory cost method at its Titan Wheel Corporation of Illinois subsidiary. Effective January 1, 2017, the Company elected to change its method of inventory accounting at this subsidiary to the FIFO method. The Company believes that the FIFO method is preferable as it results in increased uniformity across the Company’s global operations with respect to the method of inventory accounting as no other subsidiaries were using the LIFO method. The Company also believes that the switch to FIFO at Titan Wheel Corporation of Illinois will improve financial reporting by better reflecting the current value of inventory, more closely aligning the flow of physical inventory with the accounting for the inventory, and providing better matching of revenues and expenses. The Company applied this change in method of inventory accounting by retrospectively adjusting the prior period financial statements. The cumulative effect of this accounting change resulted in a $6.6 million increase in retained earnings as of January 1, 2016. As a result of the retrospective adjustment of the change in accounting principle, certain amounts in the Company's Consolidated Condensed Statements of Operations for the quarter ended March 31, 2016, were adjusted as follows: Three Months Ended March 31, 2016 As originally reported Effect of change As adjusted Cost of sales $ 289,906 $ 3,591 $ 293,497 Loss from operations (7,947 ) (3,591 ) (11,538 ) Net Loss (8,735 ) (3,591 ) (12,326 ) Basic and diluted loss per share $ (0.27 ) $ (0.06 ) $ (0.33 ) The Consolidated Balance Sheet at December 31, 2016, was adjusted as follows: December 31, 2016 As originally reported Effect of change As adjusted Inventories $ 269,291 $ 2,945 $ 272,236 Retained Earnings 14,269 2,945 17,214 Sales Sales and revenues are presented net of sales taxes and other related taxes. Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, certificates of deposit, 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 6.875% senior secured notes due 2020 (senior secured notes) are carried at cost of $396.1 million at March 31, 2017 . The fair value of the senior secured notes at March 31, 2017 , as obtained through an independent pricing source, was approximately $407.6 million . Cash dividends The Company declared cash dividends of $0.005 per share of common stock for each of the three months ended March 31, 2017 and 2016 . The first quarter 2017 cash dividend of $0.005 per share of common stock was paid April 13, 2017, to shareholders of record on March 31, 2017. 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. Recently issued accounting standards In May 2014, the Financial Accounting Standards Board (FASB) issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)." This update supersedes the revenue recognition requirements in Topic 605, Revenue Recognition. The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance also requires disclosure about the nature, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amendments in this update were deferred by ASU No. 2015-14, "Revenue form Contracts with Customers (Topic 606) Deferral of Effective Date," and are now effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is in the process of comparing its current revenue recognition policies to the requirements of ASU No. 2014-09. For the majority of Titan’s revenue arrangements, no significant impacts are expected as these transactions are not accounted for under industry-specific guidance that will be superseded by ASU No. 2014-09 and generally consist of a single performance obligation to transfer promised goods or services. While the Company has not identified any material differences in the amount and timing of revenue recognition related to ASU No. 2014-09, the evaluation is not complete and Titan has not concluded on the overall impacts of adopting ASU No. 2014-09. The guidance provides for adoption either retrospectively to each prior reporting period or as a cumulative-effect adjustment as of the date of adoption. The Company plans to make a determination as to its method of adoption once it more fully completes its evaluation of the impacts of the standard on its revenue recognition and it is better able to evaluate the cost-benefit of each method. The Company believes it is following an appropriate timeline to allow for proper recognition, presentation, and disclosure upon adoption in the year beginning on January 1, 2018. In April 2016, the FASB issued ASU No. 2016-10, "Identifying Performance Obligations and Licensing." This ASU clarifies the following aspects of Topic 606: identifying performance obligations and the licensing implementation guidance. In May 2016, the FASB issued ASU No. 2016-12, "Narrow-Scope Improvements and Practical Expedients." This ASU affects only narrow aspects of Topic 606 related to assessing the collectability criterion; presentation of sales tax; noncash consideration; and contract modifications and completed contracts at transition. The amendments in these updates affect the guidance in ASU No. 2014-09, and the effective dates are the same as those for ASU No. 2014-09. In December 2016, the FASB issued ASU No. 2016-20, "Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers." The amendments in this update affect narrow aspects of the guidance issued in ASU No. 2014-09, and the effective dates are the same as those for ASU No. 2014-09. In January 2016, the FASB issued ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities." This update addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The adoption of this guidance is not expected to have a material effect on the Company's consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)." This update was issued to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments in this update are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently assessing the impact that adopting this new accounting guidance will have on the Company's consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, "Classification of Certain Cash Receipts and Cash Payments." This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted in any interim or annual period. The adoption of this guidance is not expected to have a material effect on the Company's consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, "Intra-Entity Transfers of Assets other than Inventory." This update requires the recognition of income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company early adopted this guidance effective January 1, 2017. The adoption of this guidance did not have a material effect on the Company's consolidated financial statements.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLE Accounts receivable consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Accounts receivable $ 235,123 $ 182,728 Allowance for doubtful accounts (2,879 ) (3,344 ) Accounts receivable, net $ 232,244 $ 179,384

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	INVENTORIES Inventories consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Raw material $ 81,372 $ 76,380 Work-in-process 39,031 32,395 Finished goods 171,998 163,461 $ 292,401 $ 272,236

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment, net consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Land and improvements $ 44,704 $ 43,871 Buildings and improvements 243,450 239,036 Machinery and equipment 582,708 573,717 Tools, dies and molds 108,228 106,695 Construction-in-process 44,444 43,080 1,023,534 1,006,399 Less accumulated depreciation (584,201 ) (569,198 ) $ 439,333 $ 437,201 Depreciation on fixed assets for the three months ended March 31, 2017 and 2016 , totaled $13.5 million and $14.2 million , respectively. Capital leases included in property, plant, and equipment consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Buildings and improvements $ 3,623 $ 3,565 Less accumulated amortization (1,977 ) (1,923 ) $ 1,646 $ 1,642 Machinery and equipment $ 31,699 $ 31,331 Less accumulated amortization (26,415 ) (26,502 ) $ 5,284 $ 4,829

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	INTANGIBLE ASSETS The components of intangible assets consisted of the following as of the dates set forth below (amounts in thousands): Weighted Average Useful Lives (in Years) March 31, 2017 March 31, December 31, Amortizable intangible assets: Customer relationships 10.4 $ 13,731 $ 13,171 Patents, trademarks and other 7.6 15,798 14,629 Total at cost 29,529 27,800 Less accumulated amortization (12,500 ) (11,399 ) $ 17,029 $ 16,401 Amortization related to intangible assets for the three months ended March 31, 2017 and 2016 , totaled $0.7 million and $0.7 million , respectively. Intangible assets are included as a component of other assets in the Consolidated Condensed Balance Sheet. The estimated aggregate amortization expense at March 31, 2017 , for each of the years (or other periods) set forth below is as follows (amounts in thousands): April 1 - December 31, 2017 $ 1,799 2018 2,375 2019 2,237 2020 2,237 2021 1,695 Thereafter 6,686 $ 17,029

WARRANTY

WARRANTY	3 Months Ended
	Mar. 31, 2017
Product Warranties Disclosures [Abstract]
WARRANTY COSTS	WARRANTY Changes in the warranty liability consisted of the following (amounts in thousands): 2017 2016 Warranty liability, January 1 $ 17,926 $ 23,120 Provision for warranty liabilities 1,864 1,813 Warranty payments made (1,589 ) (2,790 ) Warranty liability, March 31 $ 18,201 $ 22,143 The Company provides limited warranties on workmanship on its products in all market segments. The majority of the Company’s products are subject to a limited warranty that ranges between less than one year and ten

REVOLVING CREDIT FACILITY AND L

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
REVOLVING CREDIT FACILITY AND LONG-TERM DEBT	REVOLVING CREDIT FACILITY AND LONG-TERM DEBT Long-term debt consisted of the following as of the dates set forth below (amounts in thousands): March 31, 2017 Principal Balance Unamortized Discount Net Carrying Amount 6.875% senior secured notes due 2020 $ 400,000 $ (3,906 ) $ 396,094 Titan Europe credit facilities 35,858 — 35,858 Other debt 23,240 — 23,240 Capital leases 758 — 758 Total debt 459,856 (3,906 ) 455,950 Less amounts due within one year 46,244 — 46,244 Total long-term debt $ 413,612 $ (3,906 ) $ 409,706 December 31, 2016 Principal Balance Unamortized Discount Net Carrying Amount 6.875% senior secured notes due 2020 $ 400,000 $ (4,148 ) $ 395,852 5.625% convertible senior subordinated notes due 2017 60,161 (13 ) 60,148 Titan Europe credit facilities 33,710 — 33,710 Other debt 15,560 — 15,560 Capital leases 902 — 902 Total debt 510,333 (4,161 ) 506,172 Less amounts due within one year 97,425 (13 ) 97,412 Total long-term debt $ 412,908 $ (4,148 ) $ 408,760 Aggregate maturities of long-term debt at March 31, 2017 , were as follows (amounts in thousands): April 1 - December 31, 2017 $ 46,170 2018 4,062 2019 6,726 2020 402,225 2021 529 Thereafter 144 $ 459,856 6.875% senior secured notes due 2020 The senior secured notes 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. 5.625% convertible senior subordinated notes due 2017 In January 2017, the Company converted 97.1% of the principal balance of its 5.625% convertible senior subordinated notes (Notes), which matured on January 15, 2017, into shares of Titan common stock. Prior to maturity, $60.2 million in aggregate principal amount of the Notes was outstanding, of which holders of $58.5 million in aggregate principal amount of the Notes, or 97.1% , converted their Notes into shares of Titan common stock pursuant to the terms of the indenture governing the Notes. The $58.5 million in principal amount of converted Notes were converted into 5,462,264 shares of Titan common stock, representing approximately 10% of Titan’s outstanding common stock prior to conversion. Each $1,000 principal amount of the Notes was convertible into 93.436 shares of Titan common stock. The remaining $1.7 million principal amount of the Notes that was not converted was paid in cash at maturity. Titan Europe credit facilities The Titan Europe credit facilities contain borrowings from various institutions totaling $35.9 million at March 31, 2017 . Maturity dates on this debt range from less than one year to nine years and interest rates range from 5% to 6.9% . The Titan Europe facilities are secured by the assets of its subsidiaries in Italy, Spain, Germany, and Brazil. Revolving credit facility On February 17, 2017, the Company entered into a credit and security agreement with respect to a new $75 million revolving credit facility (credit facility) with agent BMO Harris Bank N.A. and other financial institutions party thereto. This credit facility replaced the Company's $150 million revolving credit facility which was previously scheduled to terminate in December 2017. The credit facility is collateralized by accounts receivable and inventory of certain of the Company’s domestic subsidiaries and includes a maturity of the earlier of five years or six months prior to maturity of the Company’s senior secured notes. Titan's availability under this credit facility may be less than $75 million as a result of outstanding letters of credit and eligible accounts receivable and inventory balances at certain of its domestic subsidiaries. At March 31, 2017 , an outstanding letter of credit under the credit facility totaled $11.6 million and the amount available under the facility totaled $63.4 million based upon eligible accounts receivable and inventory balances. During the first three months of 2017 and at March 31, 2017 , there were no borrowings under the credit facility. Other debt Titan Pneus do Brasil Ltda has working capital loans for the Sao Paulo, Brazil, manufacturing facility totaling $8.1 million at March 31, 2017 . Maturity dates on this debt range from less than one year to two years and interest rates range from 5.5% to 8% . Voltyre-Prom had working capital loans totaling $15.1 million at March 31, 2017 . Maturity dates on this debt range from less than one year to three years and interest rates range from 11.2% to 11.3%

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS (Notes)	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	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 three months ended March 31, 2017 , the Company recorded currency exchange loss of $0.1 million

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTEREST (Notes)	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	REDEEMABLE NONCONTROLLING INTEREST The Company, in partnership with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF), owns all of the equity interests in Voltyre-Prom, a leading producer of agricultural and industrial tires in Volgograd, Russia. The Company is party to a shareholders' agreement with OEP and RDIF which was entered into in connection with acquisition of Voltyre-Prom. The agreement contains a settlement put option which is exercisable beginning in July 2018 through December of 2018 and may require Titan to purchase the indirect equity interests in Voltyre-Prom of OEP and RDIF with cash or Titan common stock, at a value set by the agreement. The value set by the agreement is the greater of: (i) the aggregate of the investment of the selling party and an amount representing an internal rate of return of 8%; or (ii) the last twelve months of EBITDA times 5.5 less net debt times the ownership percentage. The value of the redeemable noncontrolling interest held by OEP and RDIF has been recorded at the aggregate of the investment of the selling party and an amount representing an internal rate of return of 8%, which was greater than the result of the calculation in clause (ii) above at March 31, 2017. 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 Condensed Balance Sheet at the redemption value of the settlement put option. If the redemption value is greater than the carrying value of the noncontrolling interest, the increase in the redemption value is adjusted directly to retained earnings of the affected entity, or additional paid-in capital if there are no available retained earnings applicable to the redeemable noncontrolling interest. In the first quarter of 2016, the Company acquired $25 million of additional shares in the consortium owning Voltyre-Prom, increasing Titan's ownership to 43% from 30% . The acquisition of shares was transacted through the conversion of an intercompany note previously held by Titan. As a result of the ownership change, the balance of the redeemable noncontrolling interest increased by $12 million at the time of such conversion of the intercompany note, which is comprised of a $3.5 million reclassification of currency translation and an $8.5 million reclassification of other equity. The following is a reconciliation of redeemable noncontrolling interest as of March 31, 2017 and 2016 (amounts in thousands): 2017 2016 Balance at January 1 $ 104,809 $ 77,174 Reclassification as a result of ownership change — 12,039 Income attributable to redeemable noncontrolling interest 620 580 Currency translation 2,337 1,773 Redemption value adjustment (941 ) 5,208 Balance at March 31 $ 106,825 $ 96,774 This obligation with respect to the settlement put option approximates the cost if all remaining shares were purchased by the Company on March 31, 2017

LEASE COMMITMENTS

LEASE COMMITMENTS	3 Months Ended
	Mar. 31, 2017
Leases [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. At March 31, 2017 , future minimum rental commitments under noncancellable operating leases with initial terms of at least one year were as follows (amounts in thousands): April 1 - December 31, 2017 $ 4,970 2018 4,571 2019 3,612 2020 2,297 2021 2,354 Thereafter 1,365 Total future minimum lease payments $ 19,169 At March 31, 2017 , the Company had assets held as capital leases with a net book value of $6.9 million included in property, plant and equipment. At March 31, 2017 , total future capital lease obligations relating to these leases were as follows (amounts in thousands): April 1 - December 31, 2017 $ 365 2018 212 2019 162 2020 18 2021 2 Total future capital lease obligation payments 759 Less amount representing interest (11 ) Present value of future capital lease obligation payments $ 748

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	EMPLOYEE BENEFIT 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 also sponsors a number of defined contribution plans in the U.S. and at foreign subsidiaries. The Company contributed approximately $0.5 million to the pension plans during the three months ended March 31, 2017 , and expects to contribute approximately $2.7 million to the pension plans during the remainder of 2017. The components of net periodic pension cost consisted of the following as of the dates set forth below (amounts in thousands): Three months ended March 31, 2017 2016 Service cost $ 225 $ 106 Interest cost 1,171 1,237 Expected return on assets (1,369 ) (1,393 ) Amortization of unrecognized prior service cost 34 34 Amortization of net unrecognized loss 674 765 Net periodic pension cost $ 735 $ 749

VARIABLE INTEREST ENTITIES (Not

VARIABLE INTEREST ENTITIES (Notes)	3 Months Ended
	Mar. 31, 2017
VARIABLE INTEREST ENTITIES [Abstract]
Variable Interest Entities 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. (See Note 9 for additional information.) 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 income attributable to noncontrolling interests” in the Consolidated Condensed Statements of Operations and “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 March 31, 2017 , and December 31, 2016 (amounts in thousands): March 31, December 31, 2016 Cash and cash equivalents $ 13,188 $ 9,396 Inventory 15,573 11,445 Other current assets 32,723 23,301 Property, plant and equipment, net 34,434 30,448 Other noncurrent assets 5,430 4,955 Total assets $ 101,348 $ 79,545 Current liabilities $ 37,322 $ 22,068 Noncurrent liabilities 5,991 5,350 Total liabilities $ 43,313 $ 27,418 All assets in the above table can only be used to settle obligations of the consolidated VIE to which the respective assets relate. Liabilities are nonrecourse obligations. Amounts presented in the table above are adjusted for intercompany eliminations. The Company holds a variable interest in certain VIEs which are not consolidated because Titan is not the primary beneficiary. The Company's involvement with these entities is in the form of direct equity interests and prepayments and purchases of materials. The maximum exposure to loss represents the loss of assets recognized by Titan relating to non-consolidated entities and amounts due to the non-consolidated assets. The assets and liabilities recognized in Titan's Consolidated Balance Sheets related to Titan's interest in these non-consolidated VIEs and the Company's maximum exposure to loss relating to non-consolidated VIEs as of the dates set forth below were as follows (amounts in thousands): March 31, December 31, 2016 Investments $ 4,762 $ 4,738 Other current assets 1,072 1,039 Total VIE assets 5,834 5,777 Accounts payable 1,121 932 Maximum exposure to loss $ 6,955 $ 6,709

ROYALTY EXPENSE

ROYALTY EXPENSE	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
ROYALTY EXPENSE	ROYALTY EXPENSE The Company has trademark license agreements with The Goodyear Tire & Rubber Company to manufacture and sell certain farm tires under the Goodyear name. These agreements cover sales in North America, Latin America, Europe, the Middle East, Africa, Russia, and other Commonwealth of Independent States countries. The North American and Latin American farm tire royalties were prepaid through March 2018 as a part of the 2011 Goodyear Latin American farm tire acquisition. The Company also has a trademark license agreement with Goodyear to manufacture and sell certain non-farm tire products in Latin America. Royalty expenses recorded were $2.6 million and $2.3 million for the quarters ended March 31, 2017 and 2016

OTHER INCOME

OTHER INCOME	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
OTHER INCOME, NET	OTHER INCOME Other income consisted of the following for the periods set forth below (amounts in thousands): Three months ended March 31, 2017 2016 Interest income $ 973 $ 411 Investment gain (loss) related to investments for deferred compensation 850 (217 ) Wheels India Limited equity income 849 497 Building rental income 600 362 Discount amortization on prepaid royalty 328 459 Gain (loss) on sale of assets (262 ) 2,342 Other income (expense) (189 ) 51 $ 3,149 $ 3,905

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company recorded income tax expense of $3.4 million and $1.0 million for the quarters ended March 31, 2017 and 2016 , respectively. The Company's effective income tax rate was (48)% and (9)% for the three months ended March 31, 2017 and 2016 , respectively. The Company’s 2017 income tax expense 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 U.S. and certain foreign jurisdictions that incurred a full valuation allowance on deferred tax assets created by current year projected losses. In addition, there are non-deductible royalty expenses and statutory required income adjustments made in certain foreign jurisdictions that negatively impacted the tax rate for the period. The Company’s 2016 income tax expense 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 U.S. and certain foreign jurisdictions that incurred a full valuation allowance on deferred tax assets created by current year projected losses. In addition, certain profitable foreign jurisdictions have lower statutory rates as compared to the U.S. tax rate.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Earnings per share (EPS) were as follows as of the dates below (amounts in thousands, except per share data): Three months ended March 31, 2017 2016 Net loss attributable to Titan $ (11,453 ) $ (12,743 ) Redemption value adjustment 941 (5,208 ) Net loss applicable to common shareholders $ (10,512 ) $ (17,951 ) Determination of shares: Weighted average shares outstanding (basic and diluted) 58,572 53,854 Earnings per share: Basic and diluted (0.18 ) (0.33 ) The effect of stock options/trusts and convertible notes has been excluded for the three months ended March 31, 2017 and 2016, as the effect would have been antidilutive. The weighted average share amount excluded for stock options/trusts was 0.2 million for each of the three months ended March 31, 2017 and 2016. The weighted average share amount excluded for convertible notes totaled 1.0 million shares for the three months ended March 31, 2017 and 5.6 million shares for the three months ended and March 31, 2016

LITIGATION

LITIGATION	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	LITIGATION

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment information	SEGMENT 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. Segment external revenues, expenses, and income from operations are determined on the basis of the results of operations of operating units of manufacturing facilities. Expenses and income from operations are allocated to appropriate segments based on the sales 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’ property, plant and equipment balances are carried at the corporate level. Titan is organized primarily on the basis of products being included in three market 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, separated by market segments for the three months ended March 31, 2017 and 2016 (amounts in thousands): Three months ended March 31, 2017 2016 Revenues from external customers Agricultural $ 180,516 $ 152,825 Earthmoving/construction 135,619 131,704 Consumer 41,366 37,265 $ 357,501 $ 321,794 Gross profit Agricultural $ 21,716 $ 16,140 Earthmoving/construction 12,649 9,429 Consumer 5,364 2,728 $ 39,729 $ 28,297 Income (loss) from operations Agricultural $ 12,584 $ 8,220 Earthmoving/construction 812 (1,016 ) Consumer 1,454 (850 ) Corporate & Unallocated (21,911 ) (17,892 ) Loss from operations (7,061 ) (11,538 ) Interest expense (7,721 ) (8,512 ) Foreign exchange gain 4,490 4,823 Other income, net 3,149 3,905 Loss before income taxes $ (7,143 ) $ (11,322 ) Assets by segment were as follows as of the dates set forth below (amounts in thousands): March 31, December 31, Total assets Agricultural $ 484,971 $ 439,371 Earthmoving/construction 485,997 443,879 Consumer 129,619 140,293 Corporate & Unallocated 225,646 242,353 $ 1,326,233 $ 1,265,896

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Accounting standards for fair value measurements establish 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 as of the dates set forth below (amounts in thousands): March 31, 2017 December 31, 2016 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Contractual obligation investments $ 10,518 $ 10,518 $ — $ — $ 9,668 $ 9,668 $ — $ — Derivative financial instruments asset 891 — 891 — 988 — 988 — Preferred stock 171 — — 171 181 — — 181 Total $ 11,580 $ 10,518 $ 891 $ 171 $ 10,837 $ 9,668 $ 988 $ 181 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, 2016 $ 181 Total unrealized losses (10 ) Balance as of March 31, 2017 $ 171

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2017
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 Chairman of Board of Directors of the Company, Mr. Maurice Taylor. The related party is Mr. Fred Taylor, who 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; Silverstone, Inc.; and OTR Wheel Engineering. Sales of Titan products to these companies were approximately $0.5 million for three months ended March 31, 2017 , as compared to $0.3 million for the three months ended March 31, 2016 . Titan had trade receivables due from these companies of approximately $0.4 million at March 31, 2017 , and approximately $0.1 million at December 31, 2016 . Titan had purchases from these companies of approximately $0.1 million for the three months ended March 31, 2017 , as compared to no purchases for the three months ended March 31, 2016 . Sales commissions paid to the above companies were approximately $0.4 million for the three months ended March 31, 2017 , as compared to $0.6 million for the three months ended March 31, 2016 . In July 2013, the Company entered into a Shareholders’ Agreement between OEP and RDIF to acquire Voltyre-Prom. Mr. Richard M. Cashin Jr., a director of the Company, is the President of OEP, which owns 21.4% of the joint venture. The Shareholder’s Agreement contains a settlement put option which may require the Company to purchase equity interests in the joint venture from OEP and RDIF at a value set by the agreement. See Note 9 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 Limited of approximately $0.1 million at March 31, 2017 , and approximately $0.1 million at December 31, 2016 . The Company has a 19.5% equity stake in Titan-Yuxiang Wheel (Liuzhou) Co., Ltd, a company incorporated in China. The Company had trade payables due to Titan-Yuxiang Wheel (Liuzhou) Co., Ltd of approximately $1.1 million at March 31, 2017 , and approximately $0.9 million at December 31, 2016 . The Company has a 49.0%

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Notes)	3 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss consisted of the following (amounts in thousands): Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2017 $ (162,628 ) $ (25,650 ) $ (188,278 ) Currency translation adjustments 9,104 — 9,104 Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $(14) — 733 733 Balance at March 31, 2017 $ (153,524 ) $ (24,917 ) $ (178,441 )

SUBSIDIARY GUARANTOR FINANCIAL

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	SUBSIDIARY GUARANTOR FINANCIAL INFORMATION The senior secured notes are guaranteed by the following wholly-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. See the indenture incorporated by reference to the Company's most recent Form 10-K for additional information. 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 March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 143,836 $ 213,665 $ — $ 357,501 Cost of sales 69 126,712 190,991 — 317,772 Gross profit (loss) (69 ) 17,124 22,674 — 39,729 Selling, general and administrative expenses 4,871 17,271 19,196 — 41,338 Research and development expenses — 903 1,940 — 2,843 Royalty expense 417 1,294 898 — 2,609 Income (loss) from operations (5,357 ) (2,344 ) 640 — (7,061 ) Interest expense (7,445 ) — (276 ) — (7,721 ) Intercompany interest income (expense) 581 — (581 ) — — Foreign exchange gain — — 4,490 — 4,490 Other income (loss) 1,280 (145 ) 2,014 — 3,149 Income (loss) before income taxes (10,941 ) (2,489 ) 6,287 — (7,143 ) Provision for income taxes 1,676 174 1,592 — 3,442 Equity in earnings of subsidiaries 4,976 — (4,723 ) (253 ) — Net loss (7,641 ) (2,663 ) (28 ) (253 ) (10,585 ) Net income noncontrolling interests — — 868 — 868 Net loss attributable to Titan $ (7,641 ) $ (2,663 ) $ (896 ) $ (253 ) $ (11,453 ) (Amounts in thousands) Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 144,034 $ 177,760 $ — $ 321,794 Cost of sales 494 128,737 164,266 — 293,497 Gross profit (loss) (494 ) 15,297 13,494 — 28,297 Selling, general and administrative expenses 2,382 16,685 15,995 — 35,062 Research and development expenses — 768 1,711 — 2,479 Royalty expense 292 1,196 806 — 2,294 Loss from operations (3,168 ) (3,352 ) (5,018 ) — (11,538 ) Interest expense (8,283 ) — (229 ) — (8,512 ) Intercompany interest income (expense) 290 — (290 ) — — Foreign exchange gain (loss) — (2 ) 4,825 4,823 Other income 362 85 3,458 — 3,905 Income (loss) before income taxes (10,799 ) (3,269 ) 2,746 — (11,322 ) Provision for income taxes 379 191 434 — 1,004 Equity in earnings of subsidiaries 2,443 — (2,005 ) (438 ) — Net income (loss) (8,735 ) (3,460 ) 307 (438 ) (12,326 ) Net income noncontrolling interests — — 417 — 417 Net loss attributable to Titan $ (8,735 ) $ (3,460 ) $ (110 ) $ (438 ) $ (12,743 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net loss $ (7,641 ) $ (2,663 ) $ (28 ) $ (253 ) $ (10,585 ) Currency translation adjustment 11,019 — 11,019 (11,019 ) 11,019 Pension liability adjustments, net of tax 733 625 108 (733 ) 733 Comprehensive income (loss) 4,111 (2,038 ) 11,099 (12,005 ) 1,167 Net comprehensive income attributable to redeemable and noncontrolling interests — — 2,783 — 2,783 Comprehensive income (loss) attributable to Titan $ 4,111 $ (2,038 ) $ 8,316 $ (12,005 ) $ (1,616 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (8,735 ) $ (3,460 ) $ 307 $ (438 ) $ (12,326 ) Currency translation adjustment 17,584 — 17,584 (17,584 ) 17,584 Pension liability adjustments, net of tax 287 265 22 (287 ) 287 Comprehensive income (loss) 9,136 (3,195 ) 17,913 (18,309 ) 5,545 Net comprehensive income attributable to redeemable and noncontrolling interests — — 5,400 — 5,400 Comprehensive income (loss) attributable to Titan $ 9,136 $ (3,195 ) $ 12,513 $ (18,309 ) $ 145 (Amounts in thousands) Consolidating Condensed Balance Sheets March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 72,160 $ 9 $ 58,989 $ — $ 131,158 Certificates of deposit 50,000 — — 50,000 Accounts receivable, net — 64,629 167,615 — 232,244 Inventories — 81,963 210,438 — 292,401 Prepaid and other current assets 8,886 20,655 48,750 — 78,291 Total current assets 131,046 167,256 485,792 — 784,094 Property, plant and equipment, net 4,629 120,311 314,393 — 439,333 Investment in subsidiaries 751,660 — 82,907 (834,567 ) — Other assets 23,174 1,013 78,619 — 102,806 Total assets $ 910,509 $ 288,580 $ 961,711 $ (834,567 ) $ 1,326,233 Liabilities and Equity Short-term debt $ — $ — $ 46,244 $ — $ 46,244 Accounts payable 5,809 22,796 157,558 — 186,163 Other current liabilities 39,261 31,851 58,169 — 129,281 Total current liabilities 45,070 54,647 261,971 — 361,688 Long-term debt 396,094 — 13,612 — 409,706 Other long-term liabilities 28,259 17,958 51,370 — 97,587 Intercompany accounts 77,899 (282,576 ) 204,677 — — Redeemable noncontrolling interest — — 106,825 — 106,825 Titan shareholders' equity 363,187 498,551 327,468 (834,567 ) 354,639 Noncontrolling interests — — (4,212 ) — (4,212 ) Total liabilities and equity $ 910,509 $ 288,580 $ 961,711 $ (834,567 ) $ 1,326,233 (Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 86,190 $ 9 $ 61,628 $ — $ 147,827 Certificates of deposit 50,000 — — — 50,000 Accounts receivable, net — 43,485 135,899 — 179,384 Inventories — 76,823 195,413 — 272,236 Prepaid and other current assets 11,965 21,901 45,868 — 79,734 Total current assets 148,155 142,218 438,808 — 729,181 Property, plant and equipment, net 4,898 124,049 308,254 — 437,201 Investment in subsidiaries 742,679 — 87,385 (830,064 ) — Other assets 23,627 1,118 74,769 — 99,514 Total assets $ 919,359 $ 267,385 $ 909,216 $ (830,064 ) $ 1,265,896 Liabilities and Equity Short-term debt $ 60,148 $ — $ 37,264 $ — $ 97,412 Accounts payable 4,187 14,398 129,670 — 148,255 Other current liabilities 34,140 34,475 51,822 — 120,437 Total current liabilities 98,475 48,873 218,756 — 366,104 Long-term debt 395,852 — 12,908 — 408,760 Other long-term liabilities 27,636 18,473 47,235 — 93,344 Intercompany accounts 94,977 (300,823 ) 205,846 — — Redeemable noncontrolling interest — — 104,809 — 104,809 Titan shareholders' equity 302,419 500,862 323,600 (830,064 ) 296,817 Noncontrolling interests — — (3,938 ) — (3,938 ) Total liabilities and equity $ 919,359 $ 267,385 $ 909,216 $ (830,064 ) $ 1,265,896 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows For the Three Months Ended March, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (10,008 ) $ 1,541 $ (6,072 ) $ (14,539 ) Cash flows from investing activities: Capital expenditures (358 ) (1,588 ) (6,443 ) (8,389 ) Other, net — 47 527 574 Net cash used for investing activities (358 ) (1,541 ) (5,916 ) (7,815 ) Cash flows from financing activities: Proceeds from borrowings — — 14,635 14,635 Payment on debt (3,393 ) — (6,823 ) (10,216 ) Dividends paid (271 ) — — (271 ) Net cash provided by (used for) financing activities (3,664 ) — 7,812 4,148 Effect of exchange rate change on cash — — 1,537 1,537 Net decrease in cash and cash equivalents (14,030 ) — (2,639 ) (16,669 ) Cash and cash equivalents, beginning of period 86,190 9 61,628 147,827 Cash and cash equivalents, end of period $ 72,160 $ 9 $ 58,989 $ 131,158 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (11,182 ) $ 1,969 $ 11,546 $ 2,333 Cash flows from investing activities: Capital expenditures 365 (1,969 ) (5,545 ) (7,149 ) Other, net — — 771 771 Net cash provided by (used for) investing activities 365 (1,969 ) (4,774 ) (6,378 ) Cash flows from financing activities: Proceeds from borrowings — — 110 110 Payment on debt — — (7,288 ) (7,288 ) Dividends paid (270 ) — — (270 ) Net cash used for financing activities (270 ) — (7,178 ) (7,448 ) Effect of exchange rate change on cash — — 2,402 2,402 Net increase (decrease) in cash and cash equivalents (11,087 ) — 1,996 (9,091 ) Cash and cash equivalents, beginning of period 142,401 4 57,783 200,188 Cash and cash equivalents, end of period $ 131,314 $ 4 $ 59,779 $ 191,097

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Inventory, Policy [Policy Text Block]	Inventories Inventories are valued at the lower of cost or net realizable value. The Company’s inventories are 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.
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Prior to 2017, the Company used the last in, first out (LIFO) inventory cost method at its Titan Wheel Corporation of Illinois subsidiary. Effective January 1, 2017, the Company elected to change its method of inventory accounting at this subsidiary to the FIFO method. The Company believes that the FIFO method is preferable as it results in increased uniformity across the Company’s global operations with respect to the method of inventory accounting as no other subsidiaries were using the LIFO method. The Company also believes that the switch to FIFO at Titan Wheel Corporation of Illinois will improve financial reporting by better reflecting the current value of inventory, more closely aligning the flow of physical inventory with the accounting for the inventory, and providing better matching of revenues and expenses. The Company applied this change in method of inventory accounting by retrospectively adjusting the prior period financial statements. The cumulative effect of this accounting change resulted in a $6.6 million increase in retained earnings as of January 1, 2016. As a result of the retrospective adjustment of the change in accounting principle, certain amounts in the Company's Consolidated Condensed Statements of Operations for the quarter ended March 31, 2016, were adjusted as follows: Three Months Ended March 31, 2016 As originally reported Effect of change As adjusted Cost of sales $ 289,906 $ 3,591 $ 293,497 Loss from operations (7,947 ) (3,591 ) (11,538 ) Net Loss (8,735 ) (3,591 ) (12,326 ) Basic and diluted loss per share $ (0.27 ) $ (0.06 ) $ (0.33 ) The Consolidated Balance Sheet at December 31, 2016, was adjusted as follows: December 31, 2016 As originally reported Effect of change As adjusted Inventories $ 269,291 $ 2,945 $ 272,236 Retained Earnings 14,269 2,945 17,214
Revenue Recognition, Sales of Goods [Policy Text Block]	SalesSales and revenues are presented net of sales taxes and other related taxes.
Fair value of financial instruments	Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, certificates of deposit, 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 6.875% senior secured notes due 2020 (senior secured notes) are carried at cost of $396.1 million at March 31, 2017 . The fair value of the senior secured notes at March 31, 2017 , as obtained through an independent pricing source, was approximately $407.6 million
Use of Estimates, Policy [Policy Text Block]	Use of estimatesThe 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.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently issued accounting standards In May 2014, the Financial Accounting Standards Board (FASB) issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)." This update supersedes the revenue recognition requirements in Topic 605, Revenue Recognition. The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance also requires disclosure about the nature, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amendments in this update were deferred by ASU No. 2015-14, "Revenue form Contracts with Customers (Topic 606) Deferral of Effective Date," and are now effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. The Company is in the process of comparing its current revenue recognition policies to the requirements of ASU No. 2014-09. For the majority of Titan’s revenue arrangements, no significant impacts are expected as these transactions are not accounted for under industry-specific guidance that will be superseded by ASU No. 2014-09 and generally consist of a single performance obligation to transfer promised goods or services. While the Company has not identified any material differences in the amount and timing of revenue recognition related to ASU No. 2014-09, the evaluation is not complete and Titan has not concluded on the overall impacts of adopting ASU No. 2014-09. The guidance provides for adoption either retrospectively to each prior reporting period or as a cumulative-effect adjustment as of the date of adoption. The Company plans to make a determination as to its method of adoption once it more fully completes its evaluation of the impacts of the standard on its revenue recognition and it is better able to evaluate the cost-benefit of each method. The Company believes it is following an appropriate timeline to allow for proper recognition, presentation, and disclosure upon adoption in the year beginning on January 1, 2018. In April 2016, the FASB issued ASU No. 2016-10, "Identifying Performance Obligations and Licensing." This ASU clarifies the following aspects of Topic 606: identifying performance obligations and the licensing implementation guidance. In May 2016, the FASB issued ASU No. 2016-12, "Narrow-Scope Improvements and Practical Expedients." This ASU affects only narrow aspects of Topic 606 related to assessing the collectability criterion; presentation of sales tax; noncash consideration; and contract modifications and completed contracts at transition. The amendments in these updates affect the guidance in ASU No. 2014-09, and the effective dates are the same as those for ASU No. 2014-09. In December 2016, the FASB issued ASU No. 2016-20, "Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers." The amendments in this update affect narrow aspects of the guidance issued in ASU No. 2014-09, and the effective dates are the same as those for ASU No. 2014-09. In January 2016, the FASB issued ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities." This update addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The adoption of this guidance is not expected to have a material effect on the Company's consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)." This update was issued to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments in this update are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently assessing the impact that adopting this new accounting guidance will have on the Company's consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, "Classification of Certain Cash Receipts and Cash Payments." This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted in any interim or annual period. The adoption of this guidance is not expected to have a material effect on the Company's consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, "Intra-Entity Transfers of Assets other than Inventory." This update requires the recognition of income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company early adopted this guidance effective January 1, 2017. The adoption of this guidance did not have a material effect on the Company's consolidated financial statements.

ACCOUNTING POLICIES (Tables)

ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	As a result of the retrospective adjustment of the change in accounting principle, certain amounts in the Company's Consolidated Condensed Statements of Operations for the quarter ended March 31, 2016, were adjusted as follows: Three Months Ended March 31, 2016 As originally reported Effect of change As adjusted Cost of sales $ 289,906 $ 3,591 $ 293,497 Loss from operations (7,947 ) (3,591 ) (11,538 ) Net Loss (8,735 ) (3,591 ) (12,326 ) Basic and diluted loss per share $ (0.27 ) $ (0.06 ) $ (0.33 ) The Consolidated Balance Sheet at December 31, 2016, was adjusted as follows: December 31, 2016 As originally reported Effect of change As adjusted Inventories $ 269,291 $ 2,945 $ 272,236 Retained Earnings 14,269 2,945 17,214

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Accounts receivable consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Accounts receivable $ 235,123 $ 182,728 Allowance for doubtful accounts (2,879 ) (3,344 ) Accounts receivable, net $ 232,244 $ 179,384

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Raw material $ 81,372 $ 76,380 Work-in-process 39,031 32,395 Finished goods 171,998 163,461 $ 292,401 $ 272,236

PROPERTY, PLANT AND EQUIPMENT35

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment, net consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Land and improvements $ 44,704 $ 43,871 Buildings and improvements 243,450 239,036 Machinery and equipment 582,708 573,717 Tools, dies and molds 108,228 106,695 Construction-in-process 44,444 43,080 1,023,534 1,006,399 Less accumulated depreciation (584,201 ) (569,198 ) $ 439,333 $ 437,201 Depreciation on fixed assets for the three months ended March 31, 2017 and 2016 , totaled $13.5 million and $14.2 million , respectively. Capital leases included in property, plant, and equipment consisted of the following as of the dates set forth below (amounts in thousands): March 31, December 31, Buildings and improvements $ 3,623 $ 3,565 Less accumulated amortization (1,977 ) (1,923 ) $ 1,646 $ 1,642 Machinery and equipment $ 31,699 $ 31,331 Less accumulated amortization (26,415 ) (26,502 ) $ 5,284 $ 4,829

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	The components of intangible assets consisted of the following as of the dates set forth below (amounts in thousands): Weighted Average Useful Lives (in Years) March 31, 2017 March 31, December 31, Amortizable intangible assets: Customer relationships 10.4 $ 13,731 $ 13,171 Patents, trademarks and other 7.6 15,798 14,629 Total at cost 29,529 27,800 Less accumulated amortization (12,500 ) (11,399 ) $ 17,029 $ 16,401
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The estimated aggregate amortization expense at March 31, 2017 , for each of the years (or other periods) set forth below is as follows (amounts in thousands): April 1 - December 31, 2017 $ 1,799 2018 2,375 2019 2,237 2020 2,237 2021 1,695 Thereafter 6,686 $ 17,029

WARRANTY (Tables)

WARRANTY (Tables)	3 Months Ended
	Mar. 31, 2017
Product Warranties Disclosures [Abstract]
Schedule of Product Warranty Liability [Table Text Block]	Changes in the warranty liability consisted of the following (amounts in thousands): 2017 2016 Warranty liability, January 1 $ 17,926 $ 23,120 Provision for warranty liabilities 1,864 1,813 Warranty payments made (1,589 ) (2,790 ) Warranty liability, March 31 $ 18,201 $ 22,143

REVOLVING CREDIT FACILITY AND38

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Instrument [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	Long-term debt consisted of the following as of the dates set forth below (amounts in thousands): March 31, 2017 Principal Balance Unamortized Discount Net Carrying Amount 6.875% senior secured notes due 2020 $ 400,000 $ (3,906 ) $ 396,094 Titan Europe credit facilities 35,858 — 35,858 Other debt 23,240 — 23,240 Capital leases 758 — 758 Total debt 459,856 (3,906 ) 455,950 Less amounts due within one year 46,244 — 46,244 Total long-term debt $ 413,612 $ (3,906 ) $ 409,706 December 31, 2016 Principal Balance Unamortized Discount Net Carrying Amount 6.875% senior secured notes due 2020 $ 400,000 $ (4,148 ) $ 395,852 5.625% convertible senior subordinated notes due 2017 60,161 (13 ) 60,148 Titan Europe credit facilities 33,710 — 33,710 Other debt 15,560 — 15,560 Capital leases 902 — 902 Total debt 510,333 (4,161 ) 506,172 Less amounts due within one year 97,425 (13 ) 97,412 Total long-term debt $ 412,908 $ (4,148 ) $ 408,760
Schedule of Maturities of Long-term Debt [Table Text Block]	Aggregate maturities of long-term debt at March 31, 2017 , were as follows (amounts in thousands): April 1 - December 31, 2017 $ 46,170 2018 4,062 2019 6,726 2020 402,225 2021 529 Thereafter 144 $ 459,856

REDEEMABLE NONCONTROLLING INT39

REDEEMABLE NONCONTROLLING INTEREST (Tables)	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest [Table Text Block]	The following is a reconciliation of redeemable noncontrolling interest as of March 31, 2017 and 2016 (amounts in thousands): 2017 2016 Balance at January 1 $ 104,809 $ 77,174 Reclassification as a result of ownership change — 12,039 Income attributable to redeemable noncontrolling interest 620 580 Currency translation 2,337 1,773 Redemption value adjustment (941 ) 5,208 Balance at March 31 $ 106,825 $ 96,774

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	At March 31, 2017 , future minimum rental commitments under noncancellable operating leases with initial terms of at least one year were as follows (amounts in thousands): April 1 - December 31, 2017 $ 4,970 2018 4,571 2019 3,612 2020 2,297 2021 2,354 Thereafter 1,365 Total future minimum lease payments $ 19,169
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	At March 31, 2017 , the Company had assets held as capital leases with a net book value of $6.9 million included in property, plant and equipment. At March 31, 2017 , total future capital lease obligations relating to these leases were as follows (amounts in thousands): April 1 - December 31, 2017 $ 365 2018 212 2019 162 2020 18 2021 2 Total future capital lease obligation payments 759 Less amount representing interest (11 ) Present value of future capital lease obligation payments $ 748

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	The components of net periodic pension cost consisted of the following as of the dates set forth below (amounts in thousands): Three months ended March 31, 2017 2016 Service cost $ 225 $ 106 Interest cost 1,171 1,237 Expected return on assets (1,369 ) (1,393 ) Amortization of unrecognized prior service cost 34 34 Amortization of net unrecognized loss 674 765 Net periodic pension cost $ 735 $ 749

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 , and December 31, 2016 (amounts in thousands): March 31, December 31, 2016 Cash and cash equivalents $ 13,188 $ 9,396 Inventory 15,573 11,445 Other current assets 32,723 23,301 Property, plant and equipment, net 34,434 30,448 Other noncurrent assets 5,430 4,955 Total assets $ 101,348 $ 79,545 Current liabilities $ 37,322 $ 22,068 Noncurrent liabilities 5,991 5,350 Total liabilities $ 43,313 $ 27,418 All assets in the above table can only be used to settle obligations of the consolidated VIE to which the respective assets relate. Liabilities are nonrecourse obligations. Amounts presented in the table above are adjusted for intercompany eliminations. The Company holds a variable interest in certain VIEs which are not consolidated because Titan is not the primary beneficiary. The Company's involvement with these entities is in the form of direct equity interests and prepayments and purchases of materials. The maximum exposure to loss represents the loss of assets recognized by Titan relating to non-consolidated entities and amounts due to the non-consolidated assets. The assets and liabilities recognized in Titan's Consolidated Balance Sheets related to Titan's interest in these non-consolidated VIEs and the Company's maximum exposure to loss relating to non-consolidated VIEs as of the dates set forth below were as follows (amounts in thousands): March 31, December 31, 2016 Investments $ 4,762 $ 4,738 Other current assets 1,072 1,039 Total VIE assets 5,834 5,777 Accounts payable 1,121 932 Maximum exposure to loss $ 6,955 $ 6,709

OTHER INCOME (Tables)

OTHER INCOME (Tables)	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
Other Income [Table Text Block]	Other income consisted of the following for the periods set forth below (amounts in thousands): Three months ended March 31, 2017 2016 Interest income $ 973 $ 411 Investment gain (loss) related to investments for deferred compensation 850 (217 ) Wheels India Limited equity income 849 497 Building rental income 600 362 Discount amortization on prepaid royalty 328 459 Gain (loss) on sale of assets (262 ) 2,342 Other income (expense) (189 ) 51 $ 3,149 $ 3,905

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per share (EPS) were as follows as of the dates below (amounts in thousands, except per share data): Three months ended March 31, 2017 2016 Net loss attributable to Titan $ (11,453 ) $ (12,743 ) Redemption value adjustment 941 (5,208 ) Net loss applicable to common shareholders $ (10,512 ) $ (17,951 ) Determination of shares: Weighted average shares outstanding (basic and diluted) 58,572 53,854 Earnings per share: Basic and diluted (0.18 ) (0.33 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting Information [Line Items]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	he table below presents information about certain operating results, separated by market segments for the three months ended March 31, 2017 and 2016 (amounts in thousands): Three months ended March 31, 2017 2016 Revenues from external customers Agricultural $ 180,516 $ 152,825 Earthmoving/construction 135,619 131,704 Consumer 41,366 37,265 $ 357,501 $ 321,794 Gross profit Agricultural $ 21,716 $ 16,140 Earthmoving/construction 12,649 9,429 Consumer 5,364 2,728 $ 39,729 $ 28,297 Income (loss) from operations Agricultural $ 12,584 $ 8,220 Earthmoving/construction 812 (1,016 ) Consumer 1,454 (850 ) Corporate & Unallocated (21,911 ) (17,892 ) Loss from operations (7,061 ) (11,538 ) Interest expense (7,721 ) (8,512 ) Foreign exchange gain 4,490 4,823 Other income, net 3,149 3,905 Loss before income taxes $ (7,143 ) $ (11,322 ) March 31, December 31, Total assets Agricultural $ 484,971 $ 439,371 Earthmoving/construction 485,997 443,879 Consumer 129,619 140,293 Corporate & Unallocated 225,646 242,353 $ 1,326,233 $ 1,265,896

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
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 as of the dates set forth below (amounts in thousands): March 31, 2017 December 31, 2016 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Contractual obligation investments $ 10,518 $ 10,518 $ — $ — $ 9,668 $ 9,668 $ — $ — Derivative financial instruments asset 891 — 891 — 988 — 988 — Preferred stock 171 — — 171 181 — — 181 Total $ 11,580 $ 10,518 $ 891 $ 171 $ 10,837 $ 9,668 $ 988 $ 181
Fair Value, Assets and Liabilities 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, 2016 $ 181 Total unrealized losses (10 ) Balance as of March 31, 2017 $ 171

ACCUMULATED OTHER COMPREHENSI47

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive loss consisted of the following (amounts in thousands): Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2017 $ (162,628 ) $ (25,650 ) $ (188,278 ) Currency translation adjustments 9,104 — 9,104 Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $(14) — 733 733 Balance at March 31, 2017 $ (153,524 ) $ (24,917 ) $ (178,441 )

SUBSIDIARY GUARANTOR FINANCIA48

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Income Statement [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 143,836 $ 213,665 $ — $ 357,501 Cost of sales 69 126,712 190,991 — 317,772 Gross profit (loss) (69 ) 17,124 22,674 — 39,729 Selling, general and administrative expenses 4,871 17,271 19,196 — 41,338 Research and development expenses — 903 1,940 — 2,843 Royalty expense 417 1,294 898 — 2,609 Income (loss) from operations (5,357 ) (2,344 ) 640 — (7,061 ) Interest expense (7,445 ) — (276 ) — (7,721 ) Intercompany interest income (expense) 581 — (581 ) — — Foreign exchange gain — — 4,490 — 4,490 Other income (loss) 1,280 (145 ) 2,014 — 3,149 Income (loss) before income taxes (10,941 ) (2,489 ) 6,287 — (7,143 ) Provision for income taxes 1,676 174 1,592 — 3,442 Equity in earnings of subsidiaries 4,976 — (4,723 ) (253 ) — Net loss (7,641 ) (2,663 ) (28 ) (253 ) (10,585 ) Net income noncontrolling interests — — 868 — 868 Net loss attributable to Titan $ (7,641 ) $ (2,663 ) $ (896 ) $ (253 ) $ (11,453 ) (Amounts in thousands) Consolidating Condensed Statements of Operations For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 144,034 $ 177,760 $ — $ 321,794 Cost of sales 494 128,737 164,266 — 293,497 Gross profit (loss) (494 ) 15,297 13,494 — 28,297 Selling, general and administrative expenses 2,382 16,685 15,995 — 35,062 Research and development expenses — 768 1,711 — 2,479 Royalty expense 292 1,196 806 — 2,294 Loss from operations (3,168 ) (3,352 ) (5,018 ) — (11,538 ) Interest expense (8,283 ) — (229 ) — (8,512 ) Intercompany interest income (expense) 290 — (290 ) — — Foreign exchange gain (loss) — (2 ) 4,825 4,823 Other income 362 85 3,458 — 3,905 Income (loss) before income taxes (10,799 ) (3,269 ) 2,746 — (11,322 ) Provision for income taxes 379 191 434 — 1,004 Equity in earnings of subsidiaries 2,443 — (2,005 ) (438 ) — Net income (loss) (8,735 ) (3,460 ) 307 (438 ) (12,326 ) Net income noncontrolling interests — — 417 — 417 Net loss attributable to Titan $ (8,735 ) $ (3,460 ) $ (110 ) $ (438 ) $ (12,743 )
Condensed Statement of Comprehensive Income [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net loss $ (7,641 ) $ (2,663 ) $ (28 ) $ (253 ) $ (10,585 ) Currency translation adjustment 11,019 — 11,019 (11,019 ) 11,019 Pension liability adjustments, net of tax 733 625 108 (733 ) 733 Comprehensive income (loss) 4,111 (2,038 ) 11,099 (12,005 ) 1,167 Net comprehensive income attributable to redeemable and noncontrolling interests — — 2,783 — 2,783 Comprehensive income (loss) attributable to Titan $ 4,111 $ (2,038 ) $ 8,316 $ (12,005 ) $ (1,616 ) (Amounts in thousands) Consolidating Condensed Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ (8,735 ) $ (3,460 ) $ 307 $ (438 ) $ (12,326 ) Currency translation adjustment 17,584 — 17,584 (17,584 ) 17,584 Pension liability adjustments, net of tax 287 265 22 (287 ) 287 Comprehensive income (loss) 9,136 (3,195 ) 17,913 (18,309 ) 5,545 Net comprehensive income attributable to redeemable and noncontrolling interests — — 5,400 — 5,400 Comprehensive income (loss) attributable to Titan $ 9,136 $ (3,195 ) $ 12,513 $ (18,309 ) $ 145
Condensed Balance Sheet [Table Text Block]	(Amounts in thousands) Consolidating Condensed Balance Sheets March 31, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 72,160 $ 9 $ 58,989 $ — $ 131,158 Certificates of deposit 50,000 — — 50,000 Accounts receivable, net — 64,629 167,615 — 232,244 Inventories — 81,963 210,438 — 292,401 Prepaid and other current assets 8,886 20,655 48,750 — 78,291 Total current assets 131,046 167,256 485,792 — 784,094 Property, plant and equipment, net 4,629 120,311 314,393 — 439,333 Investment in subsidiaries 751,660 — 82,907 (834,567 ) — Other assets 23,174 1,013 78,619 — 102,806 Total assets $ 910,509 $ 288,580 $ 961,711 $ (834,567 ) $ 1,326,233 Liabilities and Equity Short-term debt $ — $ — $ 46,244 $ — $ 46,244 Accounts payable 5,809 22,796 157,558 — 186,163 Other current liabilities 39,261 31,851 58,169 — 129,281 Total current liabilities 45,070 54,647 261,971 — 361,688 Long-term debt 396,094 — 13,612 — 409,706 Other long-term liabilities 28,259 17,958 51,370 — 97,587 Intercompany accounts 77,899 (282,576 ) 204,677 — — Redeemable noncontrolling interest — — 106,825 — 106,825 Titan shareholders' equity 363,187 498,551 327,468 (834,567 ) 354,639 Noncontrolling interests — — (4,212 ) — (4,212 ) Total liabilities and equity $ 910,509 $ 288,580 $ 961,711 $ (834,567 ) $ 1,326,233 (Amounts in thousands) Consolidating Condensed Balance Sheets December 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 86,190 $ 9 $ 61,628 $ — $ 147,827 Certificates of deposit 50,000 — — — 50,000 Accounts receivable, net — 43,485 135,899 — 179,384 Inventories — 76,823 195,413 — 272,236 Prepaid and other current assets 11,965 21,901 45,868 — 79,734 Total current assets 148,155 142,218 438,808 — 729,181 Property, plant and equipment, net 4,898 124,049 308,254 — 437,201 Investment in subsidiaries 742,679 — 87,385 (830,064 ) — Other assets 23,627 1,118 74,769 — 99,514 Total assets $ 919,359 $ 267,385 $ 909,216 $ (830,064 ) $ 1,265,896 Liabilities and Equity Short-term debt $ 60,148 $ — $ 37,264 $ — $ 97,412 Accounts payable 4,187 14,398 129,670 — 148,255 Other current liabilities 34,140 34,475 51,822 — 120,437 Total current liabilities 98,475 48,873 218,756 — 366,104 Long-term debt 395,852 — 12,908 — 408,760 Other long-term liabilities 27,636 18,473 47,235 — 93,344 Intercompany accounts 94,977 (300,823 ) 205,846 — — Redeemable noncontrolling interest — — 104,809 — 104,809 Titan shareholders' equity 302,419 500,862 323,600 (830,064 ) 296,817 Noncontrolling interests — — (3,938 ) — (3,938 ) Total liabilities and equity $ 919,359 $ 267,385 $ 909,216 $ (830,064 ) $ 1,265,896
Condensed Cash Flow Statement [Table Text Block]	(Amounts in thousands) Consolidating Condensed Statements of Cash Flows For the Three Months Ended March, 2017 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (10,008 ) $ 1,541 $ (6,072 ) $ (14,539 ) Cash flows from investing activities: Capital expenditures (358 ) (1,588 ) (6,443 ) (8,389 ) Other, net — 47 527 574 Net cash used for investing activities (358 ) (1,541 ) (5,916 ) (7,815 ) Cash flows from financing activities: Proceeds from borrowings — — 14,635 14,635 Payment on debt (3,393 ) — (6,823 ) (10,216 ) Dividends paid (271 ) — — (271 ) Net cash provided by (used for) financing activities (3,664 ) — 7,812 4,148 Effect of exchange rate change on cash — — 1,537 1,537 Net decrease in cash and cash equivalents (14,030 ) — (2,639 ) (16,669 ) Cash and cash equivalents, beginning of period 86,190 9 61,628 147,827 Cash and cash equivalents, end of period $ 72,160 $ 9 $ 58,989 $ 131,158 (Amounts in thousands) Consolidating Condensed Statements of Cash Flows For the Three Months Ended March 31, 2016 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by (used for) operating activities $ (11,182 ) $ 1,969 $ 11,546 $ 2,333 Cash flows from investing activities: Capital expenditures 365 (1,969 ) (5,545 ) (7,149 ) Other, net — — 771 771 Net cash provided by (used for) investing activities 365 (1,969 ) (4,774 ) (6,378 ) Cash flows from financing activities: Proceeds from borrowings — — 110 110 Payment on debt — — (7,288 ) (7,288 ) Dividends paid (270 ) — — (270 ) Net cash used for financing activities (270 ) — (7,178 ) (7,448 ) Effect of exchange rate change on cash — — 2,402 2,402 Net increase (decrease) in cash and cash equivalents (11,087 ) — 1,996 (9,091 ) Cash and cash equivalents, beginning of period 142,401 4 57,783 200,188 Cash and cash equivalents, end of period $ 131,314 $ 4 $ 59,779 $ 191,097

ACCOUNTING POLICIES (Details)

ACCOUNTING POLICIES (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Organization And Accounting Policies [Line Items]
Cost of Goods Sold	$ 317,772	$ 293,497
Operating Income (Loss)	(7,061)	(11,538)
Net loss	$ (10,585)	$ (12,326)
Basic (in dollars per share)	$ (0.18)	$ (0.33)
Inventory, Net	$ 292,401		$ 272,236
Retained earnings	5,463		17,214
Debt Instrument, Unamortized Discount (Premium), Net	3,906
Senior Notes	396,100
Long-term Debt	$ 455,950		506,172
Debt Instrument, Interest Rate, Stated Percentage	5.625%
Debt Instrument, Fair Value Disclosure	$ 407,600
Common Stock, Dividends, Per Share, Declared	$ 0.005	$ 0.005
Senior Secured Notes 6.875 Percent [Member]
Organization And Accounting Policies [Line Items]
Senior Notes	$ 400,000		400,000
Long-term Debt	$ 396,094		395,852
Debt Instrument, Interest Rate, Stated Percentage	6.875%
5.625% convertible senior subordinated notes [Member]
Organization And Accounting Policies [Line Items]
Long-term Debt			60,148
Accounting Standards Update 2015-03 [Member]
Organization And Accounting Policies [Line Items]
Debt Instrument, Unamortized Discount (Premium), Net			4,148
Scenario, Previously Reported [Member]
Organization And Accounting Policies [Line Items]
Cost of Goods Sold		$ 289,906
Operating Income (Loss)		(7,947)
Net loss		$ (8,735)
Basic (in dollars per share)		$ (0.27)
Inventory, Net			269,291
Retained earnings			14,269
Restatement Adjustment [Member]
Organization And Accounting Policies [Line Items]
Cost of Goods Sold		$ 3,591
Operating Income (Loss)		(3,591)
Net loss		$ (3,591)
Basic (in dollars per share)		$ (0.06)
Inventory, Net			2,945
Retained earnings			$ 2,945	$ 6,600

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Accounts Receivable, Gross	$ 235,123	$ 182,728
Allowance for Doubtful Accounts Receivable	2,879	3,344
Accounts Receivable, Net	$ 232,244	$ 179,384

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventory, Raw Materials, Net of Reserves	$ 81,372	$ 76,380
Inventory, Work in Process, Net of Reserves	39,031	32,395
Inventory, Finished Goods, Net of Reserves	171,998	163,461
Inventory, Gross	292,401	272,236
Inventory, Net	$ 292,401	$ 272,236

PROPERTY, PLANT AND EQUIPMENT52

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,023,534		$ 1,006,399
Less accumulated depreciation	(584,201)		(569,198)
Property, Plant and Equipment, Net	439,333		437,201
Depreciation	13,500	$ 14,200
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	44,704		43,871
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	243,450		239,036
Capital Leased Assets, Gross	3,623		3,565
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	(1,977)		(1,923)
Capital Leases, Balance Sheet, Assets by Major Class, Net	1,646		1,642
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	582,708		573,717
Capital Leased Assets, Gross	31,699		31,331
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	(26,415)		(26,502)
Capital Leases, Balance Sheet, Assets by Major Class, Net	5,284		4,829
Tools, Dies and Molds [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	108,228		106,695
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 44,444		$ 43,080

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years 4 months 24 days
Finite-Lived Customer Relationships, Gross	$ 13,731		$ 13,171
Finite-Lived Intangible Asset, Useful Life	7 years 7 months 6 days
Finite-Lived Trademarks, Gross	$ 15,798		14,629
Finite-Lived Intangible Assets, Gross	29,529		27,800
Finite-Lived Intangible Assets, Accumulated Amortization	(12,500)		(11,399)
Intangible Assets, Net (Excluding Goodwill)	17,029		16,401
Amortization of Intangible Assets	700	$ 700
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
April 1 - December 31, 2017	1,799
2,018	2,375
2,019	2,237
2,020	2,237
2,021	1,695
Thereafter	6,686
Intangible Assets, Net (Excluding Goodwill)	$ 17,029		$ 16,401

WARRANTY (Details)

WARRANTY (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Product Warranty Liability [Line Items]
Warranty liability at January 1	$ 17,926	$ 23,120
Provision for warranty liabilities	1,864	1,813
Warranty payments made	(1,589)	(2,790)
Warranty liability at September 30	$ 18,201	$ 22,143

REVOLVING CREDIT FACILITY AND55

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Document Period End Date	Mar. 31, 2017
Debt Instruments [Abstract]
Senior Notes	$ 396,100,000
Long-term Debt	455,950,000		$ 506,172,000
Capital leases	758,000		902,000
Long-term Debt, Gross	459,856,000		510,333,000
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	46,244,000		97,425,000
Debt Instrument, Unamortized Discount, Noncurrent	0		0
Debt Instrument, Unamortized Discount	(3,906,000)		(4,161,000)
Debt Instrument, Unamortized Discount, Current	0		(13,000)
Debt Instrument, Unamortized Discount (Premium), Net	(3,906,000)
Long-term Debt, Current Maturities	46,244,000		97,412,000
Long-term debt	409,706,000		408,760,000
Maturities of Long-term Debt [Abstract]
April 1 - December 31, 2017	46,170,000
2,018	4,062,000
2,019	6,726,000
2,020	402,225,000
2,021	529,000
Thereafter	$ 144,000
Debt Instrument, Interest Rate, Stated Percentage	5.625%
Repayments of Other Debt	$ 10,216,000	$ 7,288,000
Variable Interest Entity, Members Draw	(101,000)
Line of Credit Facility, Maximum Borrowing Capacity	75,000,000		150,000,000
Letters of Credit Outstanding, Amount	11,600,000
Short-term Debt	46,244,000		97,412,000
Debt Conversion, Original Debt, Amount	60,200,000
Debt Conversion, Converted Instrument, Amount	$ 58,500,000
Conversion of Stock, Shares Converted	5,462,264
Voltyre-Prom [Member]
Debt Instruments [Abstract]
Other debt	$ 15,100,000
Senior Secured Notes 6.875 Percent [Member]
Debt Instruments [Abstract]
Senior Notes	400,000,000		400,000,000
Long-term Debt	396,094,000		395,852,000
Debt Instrument, Unamortized Discount	$ (3,906,000)		(4,148,000)
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
Long-term Debt			60,148,000
Debt Instrument, Unamortized Discount			(13,000)
Maturities of Long-term Debt [Abstract]
Debt Conversion, Initial Base Conversion Rate, Shares	93.436
Repayments of Other Debt	$ 1,700,000
Debt Conversion, Initial Base Conversion, Amount	1,000
Titan Europe [Member]
Debt Instruments [Abstract]
Other Borrowings	35,858,000		33,710,000
Debt Instrument, Unamortized Discount, Noncurrent	$ 0		0
Titan Europe [Member] | Minimum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Titan Europe [Member] | Maximum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	6.90%
Other Debt Obligations [Member]
Debt Instruments [Abstract]
Other debt	$ 23,240,000		15,560,000
Debt Instrument, Unamortized Discount, Noncurrent	0		0
Titan Brazil [Member]
Maturities of Long-term Debt [Abstract]
Short-term Debt	$ 8,100,000
Voltyre-Prom [Member] | Minimum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	11.20%
Voltyre-Prom [Member] | Maximum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	11.30%
Bank of America [Member] | Line of Credit [Member]
Maturities of Long-term Debt [Abstract]
Line of Credit Facility, Current Borrowing Capacity	$ 63,400,000
Titan Brazil [Member] | Minimum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.50%
Titan Brazil [Member] | Maximum [Member]
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Long-term Debt [Member]
Debt Instruments [Abstract]
Long-term debt	$ 413,612,000		$ 412,908,000
Noncontrolling interest [Member]
Maturities of Long-term Debt [Abstract]
Variable Interest Entity, Members Draw	$ (101,000)

DERIVATIVE FINANCIAL INSTRUME56

DERIVATIVE FINANCIAL INSTRUMENTS (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative, Gain (Loss) on Derivative, Net	$ 0.1

REDEEMABLE NONCONTROLLING INT57

REDEEMABLE NONCONTROLLING INTEREST (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Feb. 08, 2016	Dec. 31, 2015	Oct. 04, 2013
Redeemable Noncontrolling Interest [Line Items]
Payments to Acquire Additional Interest in Subsidiaries		$ 25,000
Noncontrolling Interest, Ownership Percentage by Parent				43.00%		30.00%
Redeemable Noncontrolling Interest, Equity, Carrying Amount	$ 106,825	96,774	$ 104,809		$ 77,174
Noncontrolling Interest, Period Increase (Decrease)	0	(12,039)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	620	580
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	2,337	1,773
Noncontrolling Interest, Change in Redemption Value	(941)	5,208
AOCI Attributable to Parent [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Period Increase (Decrease)		3,500
Additional paid-in capital [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Period Increase (Decrease)		$ 8,500
Noncontrolling Interest, Change in Redemption Value	$ 941

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) $ in Thousands	Mar. 31, 2017USD ($)
Operating Leases, Future Minimum Payments Due [Abstract]
April 1 - December 31, 2017	$ 4,970
2,018	4,571
2,019	3,612
2,020	2,297
2,021	2,354
Thereafter	1,365
Total future minimum lease payments	19,169
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
April 1 - December 31, 2017	365
2,018	212
2,019	162
2,020	18
2,021	2
Total future capital lease obligation payments	759
Less amount representing interest	(11)
Present value of future capital lease obligation payments	$ 748

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Defined Benefit Plan, Contributions by Employer	$ 500
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	2,700
Defined Benefit Plan, Service Cost	225	$ 106
Defined Benefit Plan, Interest Cost	1,171	1,237
Defined Benefit Plan, Expected Return on Plan Assets	(1,369)	(1,393)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	34	34
Defined Benefit Plan, Amortization of Gains (Losses)	674	765
Defined Benefit Plan, Net Periodic Benefit Cost	$ 735	$ 749

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Variable Interest Entity [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 131,158	$ 147,827	$ 191,097	$ 200,188
Inventory, Net	292,401	272,236
Property, Plant and Equipment, Net	439,333	437,201
Other Assets, Noncurrent	102,806	99,514
Total assets	1,326,233	1,265,896
Liabilities, Current	361,688	366,104
Other long-term liabilities	81,225	80,161
Total liabilities	868,981	868,208
Accounts Payable, Current	186,163	148,255
Variable Interest Entity, Not Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Investments	4,762	4,738
Other Assets, Current	1,072	1,039
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets	5,834	5,777
Accounts Payable, Current	1,121	932
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	6,955	6,709
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Cash and Cash Equivalents, at Carrying Value	13,188	9,396
Inventory, Net	15,573	11,445
Other Assets, Current	32,723	23,301
Property, Plant and Equipment, Net	34,434	30,448
Other Assets, Noncurrent	5,430	4,955
Total assets	101,348	79,545
Liabilities, Current	37,322	22,068
Other long-term liabilities	5,991	5,350
Total liabilities	$ 43,313	$ 27,418

ROYALTY EXPENSE (Details)

ROYALTY EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Other Income and Expenses [Abstract]
Royalty expense	$ 2,609	$ 2,294

OTHER INCOME (Details)

OTHER INCOME (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Other Income and Expenses [Abstract]
Interest Income, Other	$ 973	$ 411
Gain (Loss) on Investments	850	(217)
Income (Loss) from Equity Method Investments	849	497
Rental Income, Nonoperating	600	362
Amortization of Prepaid Royalty Discount	328	459
Gain (Loss) on Disposition of Assets	(262)	2,342
Other Nonoperating Income (Expense)	(189)	51
Nonoperating Income (Expense)	$ 3,149	$ 3,905

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 3,442	$ 1,004
Effective Income Tax Rate, Continuing Operations	(48.00%)	(9.00%)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net loss attributable to Titan	$ (11,453)	$ (12,743)
Noncontrolling Interest, Change in Redemption Value	941	(5,208)
Net loss Available to Common Stockholders, Basic	$ (10,512)	$ (17,951)
Weighted Average Number of Shares Outstanding, Basic and Diluted	58,572	53,854
Earnings Per Share, Basic and Diluted	$ (0.18)	$ (0.33)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	200
5.625% convertible senior subordinated notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,000	5,600

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 357,501	$ 321,794
Gross profit (loss)	39,729	28,297
Operating Income (Loss)	(7,061)	(11,538)
Interest expense	(7,721)	(8,512)
Foreign Currency Transaction Gain (Loss), before Tax	4,490	4,823
Other income, net	3,149	3,905
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(7,143)	(11,322)
Agricultural [Member]
Segment Reporting Information [Line Items]
Revenues	180,516	152,825
Gross profit (loss)	21,716	16,140
Operating Income (Loss)	12,584	8,220
Earthmoving/construction [Member]
Segment Reporting Information [Line Items]
Revenues	135,619	131,704
Gross profit (loss)	12,649	9,429
Operating Income (Loss)	812	(1,016)
Consumer [Member]
Segment Reporting Information [Line Items]
Revenues	41,366	37,265
Gross profit (loss)	5,364	2,728
Operating Income (Loss)	1,454	(850)
Unallocated Amount to Segment [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ (21,911)	$ (17,892)

SEGMENT INFORMATION ASSETS (det

SEGMENT INFORMATION ASSETS (details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Assets	$ 1,326,233	$ 1,265,896
Agricultural [Member]
Segment Reporting Information [Line Items]
Assets	484,971	439,371
Earthmoving/construction [Member]
Segment Reporting Information [Line Items]
Assets	485,997	443,879
Consumer [Member]
Segment Reporting Information [Line Items]
Assets	129,619	140,293
Unallocated Amount to Segment [Member]
Segment Reporting Information [Line Items]
Assets	$ 225,646	$ 242,353

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations		$ 10,518	$ 9,668
Derivative Asset		891	988
Other Assets, Fair Value Disclosure	$ 171	171	181
Assets, Fair Value Disclosure		11,580	10,837
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock at beginning of period	181
Preferred stock at end of period	171
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations		10,518	9,668
Derivative Asset		0	0
Other Assets, Fair Value Disclosure	0	0	0
Assets, Fair Value Disclosure		10,518	9,668
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock at beginning of period	0
Preferred stock at end of period	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations		0	0
Derivative Asset		891	988
Other Assets, Fair Value Disclosure	0	0	0
Assets, Fair Value Disclosure		891	988
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock at beginning of period	0
Preferred stock at end of period	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments for contractual obligations		0	0
Derivative Asset		0	0
Other Assets, Fair Value Disclosure	171	171	181
Assets, Fair Value Disclosure		$ 171	$ 181
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Preferred stock at beginning of period	181
Assets, Fair Value Adjustment	(10)
Preferred stock at end of period	$ 171

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Feb. 08, 2016	Oct. 04, 2013
Related Party Transaction [Line Items]
Related Party Transaction, Revenues from Transactions with Related Party	$ 0.5	$ 0.3
Related Party Transaction, Due from (to) Related Party	0.4		$ 0.1
Related Party Transaction, Expenses from Transactions with Related Party	$ 0.4	$ 0.6
Noncontrolling Interest, Ownership Percentage by Parent				43.00%	30.00%
Equity Method Investment, Ownership Percentage	21.40%
Accounts Payable, Related Parties, Current	$ 0.1		0.1
OTR Group [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 0.1
Wheels India [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	34.20%
Titan-Yuxiang Wheel [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	19.50%
Accounts Payable, Related Parties, Current	$ 1.1		$ 0.9
CITEC [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	49.00%

ACCUMULATED OTHER COMPREHENSI69

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ (153,524)	$ (162,628)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(24,917)	(25,650)
Accumulated other comprehensive loss	(178,441)	(188,278)	$ (188,278)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent	9,104
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	(733)	$ (287)
Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), Net of Tax	$ (733)

SUBSIDIARY GUARANTOR FINANCIA70

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Income Statement [Abstract]
Net sales	$ 357,501	$ 321,794
Cost of Goods Sold	317,772	293,497
Gross profit (loss)	39,729	28,297
Selling, General and Administrative Expense	41,338	35,062
Research and Development Expense	2,843	2,479
Royalty expense	2,609	2,294
Operating Income (Loss)	(7,061)	(11,538)
Interest expense	(7,721)	(8,512)
Intercompany Interest Expense Income	0	0
Foreign Currency Transaction Gain (Loss), before Tax	4,490	4,823
Other income (expense)	(3,149)	(3,905)
Income (loss) before income taxes	(7,143)	(11,322)
Provision for income taxes	3,442	1,004
Income (Loss) from Subsidiaries, Net of Tax	0	0
Net income (loss)	(10,585)	(12,326)
Net loss attributable to noncontrolling interests	868	417
Net income (loss) attributable to Titan	(11,453)	(12,743)
Comprehensive Income Statement [Abstract]
Net income (loss)	(10,585)	(12,326)
Currency translation adjustment, net	11,019	17,584
Pension liability adjustments, net of tax	733	287
Comprehensive income (loss)	1,167	5,545
Net comprehensive (loss), attributable to noncontrolling interests	2,783	5,400
Comprehensive income (loss) attributable to Titan	(1,616)	145
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	131,158	191,097	$ 147,827	$ 200,188
Certificates of Deposit, at Carrying Value	50,000		50,000
Accounts Receivable, Net, Current	232,244		179,384
Inventory, Net	292,401		272,236
Prepaid Expense and Other Assets, Current	78,291		79,734
Total current assets	784,094		729,181
Property, Plant and Equipment, Net	439,333		437,201
Equity Method Investments	0		0
Other Assets, Noncurrent	102,806		99,514
Total assets	1,326,233		1,265,896
Short-term debt	46,244		97,412
Accounts Payable, Current	186,163		148,255
Other Liabilities	129,281		120,437
Total current liabilities	361,688		366,104
Long-term debt	409,706		408,760
Liabilities, Other than Long-term Debt, Noncurrent	97,587		93,344
Due to Related Parties	0		0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	106,825	96,774	104,809	77,174
Stockholders' Equity Attributable to Parent	354,639		296,817
Stockholders' Equity Attributable to Noncontrolling Interest	(4,212)		(3,938)
Total liabilities and equity	1,326,233		1,265,896
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities	(14,539)	2,333
Capital expenditures	(8,389)	(7,149)
Payments for (Proceeds from) Other Investing Activities	574	771
Net cash used for investing activities	(7,815)	(6,378)
Proceeds from borrowings	14,635	110
Repayments of Other Debt	(10,216)	(7,288)
Payments of Dividends, Common Stock	(271)	(270)
Net cash provided by (used for) financing activities	4,148	(7,448)
Effect of Exchange Rate on Cash and Cash Equivalents	1,537	2,402
Cash and Cash Equivalents, Period Increase (Decrease)	(16,669)	(9,091)
Cash and Cash Equivalents, at Carrying Value	131,158	191,097	147,827	200,188
Parent Company [Member]
Income Statement [Abstract]
Net sales	0	0
Cost of Goods Sold	69	494
Gross profit (loss)	(69)	(494)
Selling, General and Administrative Expense	4,871	2,382
Research and Development Expense	0	0
Royalty expense	417	292
Operating Income (Loss)	(5,357)	(3,168)
Interest expense	(7,445)	(8,283)
Intercompany Interest Expense Income	581	290
Foreign Currency Transaction Gain (Loss), before Tax	0	0
Other income (expense)	(1,280)	(362)
Income (loss) before income taxes	(10,941)	(10,799)
Provision for income taxes	1,676	379
Income (Loss) from Subsidiaries, Net of Tax	4,976	2,443
Net income (loss)	(7,641)	(8,735)
Net loss attributable to noncontrolling interests	0	0
Net income (loss) attributable to Titan	(7,641)	(8,735)
Comprehensive Income Statement [Abstract]
Net income (loss)	(7,641)	(8,735)
Currency translation adjustment, net	11,019	17,584
Pension liability adjustments, net of tax	733	287
Comprehensive income (loss)	4,111	9,136
Net comprehensive (loss), attributable to noncontrolling interests	0	0
Comprehensive income (loss) attributable to Titan	4,111	9,136
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	72,160	131,314	86,190	142,401
Certificates of Deposit, at Carrying Value	50,000		50,000
Accounts Receivable, Net, Current	0		0
Inventory, Net	0		0
Prepaid Expense and Other Assets, Current	8,886		11,965
Total current assets	131,046		148,155
Property, Plant and Equipment, Net	4,629		4,898
Equity Method Investments	751,660		742,679
Other Assets, Noncurrent	23,174		23,627
Total assets	910,509		919,359
Short-term debt	0		60,148
Accounts Payable, Current	5,809		4,187
Other Liabilities	39,261		34,140
Total current liabilities	45,070		98,475
Long-term debt	396,094		395,852
Liabilities, Other than Long-term Debt, Noncurrent	28,259		27,636
Due to Related Parties	77,899		94,977
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0		0
Stockholders' Equity Attributable to Parent	363,187		302,419
Stockholders' Equity Attributable to Noncontrolling Interest	0		0
Total liabilities and equity	910,509		919,359
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities	(10,008)	(11,182)
Capital expenditures	(358)	365
Payments for (Proceeds from) Other Investing Activities	0	0
Net cash used for investing activities	(358)	365
Proceeds from borrowings	0	0
Repayments of Other Debt	(3,393)	0
Payments of Dividends, Common Stock	(271)	(270)
Net cash provided by (used for) financing activities	(3,664)	(270)
Effect of Exchange Rate on Cash and Cash Equivalents	0	0
Cash and Cash Equivalents, Period Increase (Decrease)	(14,030)	(11,087)
Cash and Cash Equivalents, at Carrying Value	72,160	131,314	86,190	142,401
Guarantor Subsidiaries [Member]
Income Statement [Abstract]
Net sales	143,836	144,034
Cost of Goods Sold	126,712	128,737
Gross profit (loss)	17,124	15,297
Selling, General and Administrative Expense	17,271	16,685
Research and Development Expense	903	768
Royalty expense	1,294	1,196
Operating Income (Loss)	(2,344)	(3,352)
Interest expense	0	0
Intercompany Interest Expense Income	0	0
Foreign Currency Transaction Gain (Loss), before Tax	0	(2)
Other income (expense)	145	(85)
Income (loss) before income taxes	(2,489)	(3,269)
Provision for income taxes	174	191
Income (Loss) from Subsidiaries, Net of Tax	0	0
Net income (loss)	(2,663)	(3,460)
Net loss attributable to noncontrolling interests	0	0
Net income (loss) attributable to Titan	(2,663)	(3,460)
Comprehensive Income Statement [Abstract]
Net income (loss)	(2,663)	(3,460)
Currency translation adjustment, net	0	0
Pension liability adjustments, net of tax	625	265
Comprehensive income (loss)	(2,038)	(3,195)
Net comprehensive (loss), attributable to noncontrolling interests	0	0
Comprehensive income (loss) attributable to Titan	(2,038)	(3,195)
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	9	4	9	4
Certificates of Deposit, at Carrying Value	0		0
Accounts Receivable, Net, Current	64,629		43,485
Inventory, Net	81,963		76,823
Prepaid Expense and Other Assets, Current	20,655		21,901
Total current assets	167,256		142,218
Property, Plant and Equipment, Net	120,311		124,049
Equity Method Investments	0		0
Other Assets, Noncurrent	1,013		1,118
Total assets	288,580		267,385
Short-term debt	0		0
Accounts Payable, Current	22,796		14,398
Other Liabilities	31,851		34,475
Total current liabilities	54,647		48,873
Long-term debt	0		0
Liabilities, Other than Long-term Debt, Noncurrent	17,958		18,473
Due to Related Parties	(282,576)		(300,823)
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0		0
Stockholders' Equity Attributable to Parent	498,551		500,862
Stockholders' Equity Attributable to Noncontrolling Interest	0		0
Total liabilities and equity	288,580		267,385
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities	1,541	1,969
Capital expenditures	(1,588)	(1,969)
Payments for (Proceeds from) Other Investing Activities	47	0
Net cash used for investing activities	(1,541)	(1,969)
Proceeds from borrowings	0	0
Repayments of Other Debt	0	0
Payments of Dividends, Common Stock	0	0
Net cash provided by (used for) financing activities	0	0
Effect of Exchange Rate on Cash and Cash Equivalents	0	0
Cash and Cash Equivalents, Period Increase (Decrease)	0	0
Cash and Cash Equivalents, at Carrying Value	9	4	9	4
Non-Guarantor Subsidiaries [Member]
Income Statement [Abstract]
Net sales	213,665	177,760
Cost of Goods Sold	190,991	164,266
Gross profit (loss)	22,674	13,494
Selling, General and Administrative Expense	19,196	15,995
Research and Development Expense	1,940	1,711
Royalty expense	898	806
Operating Income (Loss)	640	(5,018)
Interest expense	(276)	(229)
Intercompany Interest Expense Income	(581)	(290)
Foreign Currency Transaction Gain (Loss), before Tax	4,490	4,825
Other income (expense)	(2,014)	(3,458)
Income (loss) before income taxes	6,287	2,746
Provision for income taxes	1,592	434
Income (Loss) from Subsidiaries, Net of Tax	(4,723)	(2,005)
Net income (loss)	(28)	307
Net loss attributable to noncontrolling interests	868	417
Net income (loss) attributable to Titan	(896)	(110)
Comprehensive Income Statement [Abstract]
Net income (loss)	(28)	307
Currency translation adjustment, net	11,019	17,584
Pension liability adjustments, net of tax	108	22
Comprehensive income (loss)	11,099	17,913
Net comprehensive (loss), attributable to noncontrolling interests	2,783	5,400
Comprehensive income (loss) attributable to Titan	8,316	12,513
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	58,989	59,779	61,628	57,783
Certificates of Deposit, at Carrying Value	0		0
Accounts Receivable, Net, Current	167,615		135,899
Inventory, Net	210,438		195,413
Prepaid Expense and Other Assets, Current	48,750		45,868
Total current assets	485,792		438,808
Property, Plant and Equipment, Net	314,393		308,254
Equity Method Investments	82,907		87,385
Other Assets, Noncurrent	78,619		74,769
Total assets	961,711		909,216
Short-term debt	46,244		37,264
Accounts Payable, Current	157,558		129,670
Other Liabilities	58,169		51,822
Total current liabilities	261,971		218,756
Long-term debt	13,612		12,908
Liabilities, Other than Long-term Debt, Noncurrent	51,370		47,235
Due to Related Parties	204,677		205,846
Redeemable Noncontrolling Interest, Equity, Carrying Amount	106,825		104,809
Stockholders' Equity Attributable to Parent	327,468		323,600
Stockholders' Equity Attributable to Noncontrolling Interest	(4,212)		(3,938)
Total liabilities and equity	961,711		909,216
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities	(6,072)	11,546
Capital expenditures	(6,443)	(5,545)
Payments for (Proceeds from) Other Investing Activities	527	771
Net cash used for investing activities	(5,916)	(4,774)
Proceeds from borrowings	14,635	110
Repayments of Other Debt	(6,823)	(7,288)
Payments of Dividends, Common Stock	0	0
Net cash provided by (used for) financing activities	7,812	(7,178)
Effect of Exchange Rate on Cash and Cash Equivalents	1,537	2,402
Cash and Cash Equivalents, Period Increase (Decrease)	(2,639)	1,996
Cash and Cash Equivalents, at Carrying Value	58,989	59,779	61,628	$ 57,783
Consolidation, Eliminations [Member]
Income Statement [Abstract]
Net sales	0	0
Cost of Goods Sold	0	0
Gross profit (loss)	0	0
Selling, General and Administrative Expense	0	0
Research and Development Expense	0	0
Royalty expense	0	0
Operating Income (Loss)	0	0
Interest expense	0	0
Intercompany Interest Expense Income	0	0
Foreign Currency Transaction Gain (Loss), before Tax	0
Other income (expense)	0	0
Income (loss) before income taxes	0	0
Provision for income taxes	0	0
Income (Loss) from Subsidiaries, Net of Tax	(253)	(438)
Net income (loss)	(253)	(438)
Net loss attributable to noncontrolling interests	0	0
Net income (loss) attributable to Titan	(253)	(438)
Comprehensive Income Statement [Abstract]
Net income (loss)	(253)	(438)
Currency translation adjustment, net	(11,019)	(17,584)
Pension liability adjustments, net of tax	(733)	(287)
Comprehensive income (loss)	(12,005)	(18,309)
Net comprehensive (loss), attributable to noncontrolling interests	0	0
Comprehensive income (loss) attributable to Titan	(12,005)	$ (18,309)
Statement of Financial Position [Abstract]
Cash and Cash Equivalents, at Carrying Value	0		0
Certificates of Deposit, at Carrying Value			0
Accounts Receivable, Net, Current	0		0
Inventory, Net	0		0
Prepaid Expense and Other Assets, Current	0		0
Total current assets	0		0
Property, Plant and Equipment, Net	0		0
Equity Method Investments	(834,567)		(830,064)
Other Assets, Noncurrent	0		0
Total assets	(834,567)		(830,064)
Short-term debt	0		0
Accounts Payable, Current	0		0
Other Liabilities	0		0
Total current liabilities	0		0
Long-term debt	0		0
Liabilities, Other than Long-term Debt, Noncurrent	0		0
Due to Related Parties	0		0
Redeemable Noncontrolling Interest, Equity, Carrying Amount	0		0
Stockholders' Equity Attributable to Parent	(834,567)		(830,064)
Stockholders' Equity Attributable to Noncontrolling Interest	0		0
Total liabilities and equity	(834,567)		(830,064)
Statement of Cash Flows [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 0		$ 0