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 governing the senior secured notes incorporated by reference to the 2018 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) Condensed Consolidating Statements of Operations For the Three Months Ended March 31, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 124,781 $ 410,275 $ (124,682 ) $ 410,374 Cost of sales 152 106,516 383,124 (124,682 ) 365,110 Gross (loss) profit (152 ) 18,265 27,151 — 45,264 Selling, general and administrative expenses 1,151 11,608 23,146 — 35,905 Research and development expenses 265 829 1,523 — 2,617 Royalty expense 663 1,072 871 — 2,606 (Loss) income from operations (2,231 ) 4,756 1,611 — 4,136 Interest expense (6,927 ) — (1,006 ) — (7,933 ) Intercompany interest income (expense) 630 1,009 (1,639 ) — — Foreign exchange (loss) gain (38 ) (60 ) 5,821 — 5,723 Other income (expense) 330 (279 ) 945 — 996 (Loss) income before income taxes (8,236 ) 5,426 5,732 — 2,922 Provision for income taxes 649 151 1,115 — 1,915 Equity in earnings of subsidiaries 9,891 — 736 (10,627 ) — Net income (loss) 1,006 5,275 5,353 (10,627 ) 1,007 Net loss attributable to noncontrolling interests — — (970 ) — (970 ) Net income (loss) attributable to Titan $ 1,006 $ 5,275 $ 6,323 $ (10,627 ) $ 1,977 (Amounts in thousands) Condensed Consolidating Statements of Operations For the Three Months March 31, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 170,759 $ 254,623 $ — $ 425,382 Cost of sales 108 141,530 224,183 — 365,821 Gross (loss) profit (108 ) 29,229 30,440 — 59,561 Selling, general and administrative expenses 1,196 15,275 18,168 — 34,639 Research and development expenses 240 986 1,651 — 2,877 Royalty expense 253 1,513 897 — 2,663 (Loss) income from operations (1,797 ) 11,455 9,724 — 19,382 Interest expense (6,813 ) — (705 ) — (7,518 ) Intercompany interest income (expense) 624 1,013 (1,637 ) — — Foreign exchange (loss) gain — (8 ) (4,424 ) — (4,432 ) Other income (loss) 5,669 (165 ) 2,246 — 7,750 (Loss) income before income taxes (2,317 ) 12,295 5,204 — 15,182 Provision for income taxes (10,066 ) 4,260 5,020 — (786 ) Equity in earnings of subsidiaries 6,938 — 4,337 (11,275 ) — Net income (loss) 14,687 8,035 4,521 (11,275 ) 15,968 Net loss attributable to noncontrolling interests — — (1,679 ) — (1,679 ) Net income (loss) attributable to Titan $ 14,687 $ 8,035 $ 6,200 $ (11,275 ) $ 17,647 (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 1,006 $ 5,275 $ 5,353 $ (10,627 ) $ 1,007 Currency translation adjustment (4,379 ) — (4,379 ) 4,379 (4,379 ) Pension liability adjustments, net of tax 466 753 (287 ) (466 ) 466 Comprehensive (loss) income (2,907 ) 6,028 687 (6,714 ) (2,906 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (68 ) — (68 ) Comprehensive (loss) income attributable to Titan $ (2,907 ) $ 6,028 $ 755 $ (6,714 ) $ (2,838 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended March 31, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net (loss) income $ 14,687 $ 8,035 $ 4,521 $ (11,275 ) $ 15,968 Currency translation adjustment 8,062 — 8,062 (8,062 ) 8,062 Pension liability adjustments, net of tax 883 646 237 (883 ) 883 Comprehensive income (loss) 23,632 8,681 12,820 (20,220 ) 24,913 Net comprehensive income attributable to redeemable and noncontrolling interests — — (1,040 ) — (1,040 ) Comprehensive income (loss) attributable to Titan $ 23,632 $ 8,681 $ 13,860 $ (20,220 ) $ 25,953 (Amounts in thousands) Condensed Consolidating Balance Sheets March 31, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 12,307 $ 3 $ 56,005 $ — $ 68,315 Accounts receivable, net — 41 295,292 — 295,333 Inventories — 74,909 337,329 — 412,238 Prepaid and other current assets 3,012 18,892 39,683 — 61,587 Total current assets 15,319 93,845 728,309 — 837,473 Property, plant and equipment, net 12,299 95,989 270,396 — 378,684 Investment in subsidiaries 749,791 — 64,121 (813,912 ) — Other assets 2,658 5,592 100,849 — 109,099 Total assets $ 780,067 $ 195,426 $ 1,163,675 $ (813,912 ) $ 1,325,256 Liabilities and Equity Short-term debt $ 425 $ — $ 65,922 $ — $ 66,347 Accounts payable 3,750 47,826 199,342 — 250,918 Other current liabilities 29,456 23,235 69,288 — 121,979 Total current liabilities 33,631 71,061 334,552 — 439,244 Long-term debt 421,831 — 10,931 — 432,762 Other long-term liabilities 8,644 20,333 63,802 — 92,779 Intercompany accounts 21,988 (408,857 ) 386,869 — — Redeemable noncontrolling interest — — 70,800 — 70,800 Titan shareholders' equity 293,973 512,889 291,443 (813,912 ) 284,393 Noncontrolling interests — — 5,278 — 5,278 Total liabilities and equity $ 780,067 $ 195,426 $ 1,163,675 $ (813,912 ) $ 1,325,256 (Amounts in thousands) Condensed Consolidating Balance Sheets December 31, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 23,630 $ 4 $ 58,051 $ — $ 81,685 Accounts receivable, net — — 241,832 — 241,832 Inventories — 68,858 326,877 — 395,735 Prepaid and other current assets 3,853 18,845 37,531 — 60,229 Total current assets 27,483 87,707 664,291 — 779,481 Property, plant and equipment, net 12,493 98,856 273,523 — 384,872 Investment in subsidiaries 749,645 — 66,308 (815,953 ) — Other assets 6,268 944 79,691 — 86,903 Total assets $ 795,889 $ 187,507 $ 1,083,813 $ (815,953 ) $ 1,251,256 Liabilities and Equity Short-term debt $ 419 $ — $ 51,466 $ — $ 51,885 Accounts payable 1,447 29,922 180,760 — 212,129 Other current liabilities 22,065 20,051 68,938 — 111,054 Total current liabilities 23,931 49,973 301,164 — 375,068 Long-term debt 396,700 — 12,872 — 409,572 Other long-term liabilities 9,268 17,521 49,917 — 76,706 Intercompany accounts 77,363 (390,382 ) 313,019 — — Redeemable noncontrolling interest — — 119,813 — 119,813 Titan shareholders' equity 288,627 510,395 295,979 (815,953 ) 279,048 Noncontrolling interests — — (8,951 ) — (8,951 ) Total liabilities and equity $ 795,889 $ 187,507 $ 1,083,813 $ (815,953 ) $ 1,251,256 (Amounts in thousands) Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash (used for) provided by operating activities $ (11,022 ) $ 1,545 $ (6,142 ) $ (15,619 ) Cash flows from investing activities: Capital expenditures — (1,700 ) (7,753 ) (9,453 ) Payment related to redeemable noncontrolling interest agreement (25,000 ) — — (25,000 ) Other, net — 154 40 194 Net cash used for investing activities (25,000 ) (1,546 ) (7,713 ) (34,259 ) Cash flows from financing activities: Proceeds from borrowings 25,000 — 27,398 52,398 Payment on debt — — (15,357 ) (15,357 ) Dividends paid (301 ) — — (301 ) Net cash provided by financing activities 24,699 — 12,041 36,740 Effect of exchange rate change on cash — — (232 ) (232 ) Net decrease in cash and cash equivalents (11,323 ) (1 ) (2,046 ) (13,370 ) Cash and cash equivalents, beginning of period 23,630 4 58,051 81,685 Cash and cash equivalents, end of period $ 12,307 $ 3 $ 56,005 $ 68,315 (Amounts in thousands) Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash (used for) provided by operating activities $ (13,778 ) $ 1,375 $ (23,280 ) $ (35,683 ) Cash flows from investing activities: Capital expenditures — (1,380 ) (6,427 ) (7,807 ) Other, net 220 1 573 794 Net cash provided by (used for) investing activities 220 (1,379 ) (5,854 ) (7,013 ) Cash flows from financing activities: Proceeds from borrowings — — 16,480 16,480 Payment on debt — — (5,720 ) (5,720 ) Dividends paid (299 ) — — (299 ) Net cash (used for) provided by financing activities (299 ) — 10,760 10,461 Effect of exchange rate change on cash — — 1,094 1,094 Net (decrease) in cash and cash equivalents (13,857 ) (4 ) (17,280 ) (31,141 ) Cash and cash equivalents, beginning of period 59,740 13 83,817 143,570 Cash and cash equivalents, end of period $ 45,883 $ 9 $ 66,537 $ 112,429 |