Titan International (TWI) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entitiy Informatio

Document and Entitiy Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	1-12936
Entity Registrant Name	TITAN INTERNATIONAL, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-3228472
Entity Address, Address Line One	2701 Spruce Street
Entity Address, City or Town	Quincy
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	62301
City Area Code	217
Local Phone Number	228-6011
Title of 12(b) Security	Common stock, $0.0001 par value
Trading Symbol	TWI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000899751
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		60,287,585

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue from Contract with Customer, Excluding Assessed Tax	$ 345,905	$ 384,719	$ 1,146,876	$ 1,239,005
Cost of sales	318,805	341,015	1,036,204	1,077,428
Gross profit	27,100	43,704	110,672	161,577
Selling, general and administrative expenses	34,954	33,709	106,605	102,308
Research and development expenses	2,309	2,591	7,470	8,222
Royalty expense	2,453	2,581	7,507	7,878
Income (loss) from operations	(12,616)	4,823	(10,910)	43,169
Interest expense	(8,357)	(7,596)	(24,585)	(22,786)
Foreign exchange (loss) gain	(2,266)	855	2,218	(7,187)
Other income	5,259	7,437	8,324	17,664
(Loss) income before income taxes	(17,980)	5,519	(24,953)	30,860
Provision for income taxes	2,064	2,841	761	3,738
Net (loss) income	(20,044)	2,678	(25,714)	27,122
Net (loss) income attributable to noncontrolling interests	(900)	383	(2,124)	(1,256)
Net (loss) income attributable to Titan	(19,144)	2,295	(23,590)	28,378
Redemption value adjustment	491	4,045	1,928	11,066
Net (loss) income applicable to common shareholders	$ (19,635)	$ (1,750)	$ (25,518)	$ 17,312
Earnings per common share:
Basic	$ (0.33)	$ (0.03)	$ (0.43)	$ 0.29
Diluted	$ (0.33)	$ (0.03)	$ (0.43)	$ 0.29
Average common shares and equivalents outstanding:
Basic	60,161	59,897	60,037	59,787
Diluted	60,161	59,897	60,037	59,893
Dividends declared per common share:	$ 0.005	$ 0.005	$ 0.015	$ 0.015

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Net (loss) income	$ (20,044)			$ 2,678			$ (25,714)	$ 27,122
Currency translation adjustment	(20,324)			(13,577)			(19,280)	(43,853)
Pension liability adjustments, net of tax of $110, $10, $232, and $(44), respectively	590	$ 538	$ 466	733	$ 690	$ 883	1,594	2,306
Comprehensive loss	(39,778)			(10,166)			(43,400)	(14,425)
Net comprehensive loss attributable to redeemable and noncontrolling interests	(1,213)			(811)			(897)	(4,036)
Comprehensive loss attributable to Titan	$ (38,565)			$ (9,355)			$ (42,503)	$ (10,389)

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 79	$ 4	$ 311	$ (40)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 78,603	$ 81,685
Accounts receivable, net	221,228	241,832
Inventories	351,871	395,735
Prepaid and other current assets	80,692	60,229
Total current assets	732,394	779,481
Property, plant and equipment, net	366,121	384,872
Operating Lease, Right-of-Use Asset	23,497	0
Deferred income taxes	1,657	2,874
Other assets	65,933	84,029
Total assets	1,189,602	1,251,256
Current liabilities
Short-term debt	64,228	51,885
Accounts payable	182,337	212,129
Other current liabilities	119,383	111,054
Total current liabilities	365,948	375,068
Long-term debt	464,827	409,572
Deferred income taxes	7,435	9,416
Other long-term liabilities	78,216	67,290
Total liabilities	916,426	861,346
Redeemable noncontrolling interest	25,000	119,813
Titan stockholders' equity
Common stock ($0.0001 par value, 120,000,000 shares authorized, 60,715,356 issued at September 30, 2019, and December 31, 2018)	0	0
Additional paid-in capital	533,538	519,498
Retained deficit	(49,197)	(29,048)
Treasury stock (at cost, 548,881 and 798,383 shares, respectively)	(6,490)	(7,831)
Accumulated other comprehensive loss	(233,620)	(203,571)
Total Titan shareholders’ equity	244,231	279,048
Noncontrolling interests	3,945	(8,951)
Total equity	248,176	270,097
Total liabilities and equity	$ 1,189,602	$ 1,251,256

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
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)	60,715,356
Treasury Stock, shares (in shares)	548,881	798,383

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Treasury stock [Member]	Deferred Compensation, Share-based Payments [Member]	Accumulated other comprehensive income (loss) [Member]	Parent [Member]	Noncontrolling interest [Member]
Balance, Beginning (in shares) at Dec. 31, 2017		59,800,559
Balance, Beginning at Dec. 31, 2017	$ (310,084)		$ (531,708)	$ 44,022	$ 8,606	$ (1,075)	$ 157,076	$ (320,929)	$ 10,845
Net (loss) income				17,647				17,647
Currency translation adjustment, net							7,423	7,423	291
Temporary Equity, Foreign Currency Translation Adjustments	7,714
Pension liability adjustments, net of tax	883						883	883
Dividends declared	(299)			(299)				(299)
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	123			88				88	35
Redemption value adjustment	2,343		(2,343)					(2,343)
Stock-based compensation	73		73					73
VIE distributions	476							0	(476)
Issuance of treasury stock under 401(k) plan		10,211
Issuance of treasury stock under 401(k) plan	(133)		(42)		(91)			(133)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	16,483								(1,164)
Balance, Ending (in shares) at Mar. 31, 2018		59,810,770
Balance, Ending at Mar. 31, 2018	(333,327)		(529,480)	26,586	8,515	(1,075)	148,770	(344,534)	11,207
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(515)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	348
Balance, Beginning (in shares) at Dec. 31, 2017		59,800,559
Balance, Beginning at Dec. 31, 2017	(310,084)		(531,708)	44,022	8,606	(1,075)	157,076	(320,929)	10,845
Net (loss) income	27,122
Currency translation adjustment, net	(43,853)
Pension liability adjustments, net of tax	2,306
Redemption value adjustment	11,066
Noncontrolling Interest, Period Increase (Decrease)	0
Balance, Ending (in shares) at Sep. 30, 2018		59,897,619
Balance, Ending at Sep. 30, 2018	(288,643)		(520,389)	16,456	8,004	0	200,168	(295,761)	7,118
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(1,106)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	(3,256)
Balance, Beginning (in shares) at Dec. 31, 2017		59,800,559
Balance, Beginning at Dec. 31, 2017	(310,084)		(531,708)	44,022	8,606	(1,075)	157,076	(320,929)	10,845
Balance, Ending (in shares) at Dec. 31, 2018		59,916,973
Balance, Ending at Dec. 31, 2018	(270,097)		(519,498)	29,048	7,831		203,571	(279,048)	8,951
Balance, Beginning (in shares) at Mar. 31, 2018		59,810,770
Balance, Beginning at Mar. 31, 2018	(333,327)		(529,480)	26,586	8,515	(1,075)	148,770	(344,534)	11,207
Net (loss) income				8,436				8,436
Currency translation adjustment, net							(36,113)	(36,113)	330
Temporary Equity, Foreign Currency Translation Adjustments	(35,783)
Pension liability adjustments, net of tax	690						690	690
Dividends declared	(300)			(300)				(300)
Redemption value adjustment	4,678		(4,678)					(4,678)
Stock Issued During Period, Shares, Restricted Stock Award, Gross		30,000
Stock-based compensation	545		545					545
Noncontrolling Interest, Period Increase (Decrease)	(149)		(1,032)				(4,325)	(5,357)	5,208
VIE distributions	1,429								1,429
Change During Period Common Stock Shares Held In Employee Trust	1,188		113			1,075		1,188
Issuance of treasury stock under 401(k) plan		12,011
Issuance of treasury stock under 401(k) plan	(146)		(38)		(108)			(146)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	8,422								(14)
Balance, Ending (in shares) at Jun. 30, 2018		59,852,781
Balance, Ending at Jun. 30, 2018	(301,979)		(524,466)	18,450	8,407	0	188,518	(309,091)	7,112
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	54
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	(2,555)
Net (loss) income	2,678			2,295				2,295
Currency translation adjustment, net	(13,577)						(12,383)	(12,383)	(145)
Temporary Equity, Foreign Currency Translation Adjustments	(12,528)
Pension liability adjustments, net of tax	733						733	733
Dividends declared	(301)			(301)				(301)
Redemption value adjustment	4,045		(4,045)					(4,045)
Stock Issued During Period, Shares, Restricted Stock Award, Gross		31,897
Stock-based compensation	229		(57)		286			229
VIE distributions	889								889
Issuance of treasury stock under 401(k) plan		12,941
Issuance of treasury stock under 401(k) plan	(142)		(25)		(117)			(142)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	3,323								1,028
Balance, Ending (in shares) at Sep. 30, 2018		59,897,619
Balance, Ending at Sep. 30, 2018	(288,643)		(520,389)	16,456	8,004	$ 0	200,168	(295,761)	7,118
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(645)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	(1,049)
Balance, Beginning (in shares) at Dec. 31, 2018		59,916,973
Balance, Beginning at Dec. 31, 2018	(270,097)		(519,498)	29,048	7,831		203,571	(279,048)	8,951
Net (loss) income				1,977				1,977
Currency translation adjustment, net							(5,281)	(5,281)	474
Temporary Equity, Foreign Currency Translation Adjustments	(4,807)
Pension liability adjustments, net of tax	466						466	466
Dividends declared	(301)			(301)				(301)
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	(587)			4,346			(4,933)	(587)
Redemption value adjustment	776		(776)					(776)
Stock-based compensation	269		269					269
Noncontrolling Interest, Period Increase (Decrease)			9,437					9,437	15,445
Stock Issued During Period, Value, Acquisitions	24,882
VIE distributions	1,054							0	1,054
Issuance of treasury stock under 401(k) plan		29,414
Issuance of treasury stock under 401(k) plan	(141)		123		(264)			(141)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	1,341								(636)
Balance, Ending (in shares) at Mar. 31, 2019		59,946,387
Balance, Ending at Mar. 31, 2019	(289,671)		(528,305)	23,026	7,567		213,319	(284,393)	(5,278)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(334)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	428
Balance, Beginning (in shares) at Dec. 31, 2018		59,916,973
Balance, Beginning at Dec. 31, 2018	(270,097)		(519,498)	29,048	7,831		203,571	(279,048)	8,951
Net (loss) income	(25,714)
Currency translation adjustment, net	(19,280)
Pension liability adjustments, net of tax	1,594
Redemption value adjustment	1,928
Noncontrolling Interest, Period Increase (Decrease)	(49,883)
Balance, Ending (in shares) at Sep. 30, 2019		60,166,475
Balance, Ending at Sep. 30, 2019	(248,176)		(533,538)	49,197	6,490		233,620	(244,231)	(3,945)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(819)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	683
Balance, Beginning (in shares) at Mar. 31, 2019		59,946,387
Balance, Beginning at Mar. 31, 2019	(289,671)		(528,305)	23,026	7,567		213,319	(284,393)	(5,278)
Net (loss) income				(6,424)				(6,424)
Currency translation adjustment, net							4,785	4,785	317
Temporary Equity, Foreign Currency Translation Adjustments	5,102
Pension liability adjustments, net of tax	538						538	538
Dividends declared	(301)			(301)				(301)
Redemption value adjustment	661		(661)					(661)
Stock-based compensation	286		286					286
VIE distributions	450								450
Issuance of treasury stock under 401(k) plan		53,983
Issuance of treasury stock under 401(k) plan	(318)		167		(485)			(318)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	(6,412)								12
Balance, Ending (in shares) at Jun. 30, 2019		60,000,370
Balance, Ending at Jun. 30, 2019	(288,091)		(527,763)	29,751	7,082		207,996	(282,934)	(5,157)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(265)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	321
Net (loss) income	(20,044)			(19,144)				(19,144)
Currency translation adjustment, net	(20,324)						(20,011)	(20,011)	(247)
Temporary Equity, Foreign Currency Translation Adjustments	(20,258)
Pension liability adjustments, net of tax	590						590	590
Dividends declared	(302)			(302)				(302)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests			6,203				(6,203)
Redemption value adjustment	$ 491		(491)					(491)
Stock Issued During Period, Shares, Restricted Stock Award, Gross	100,118
Stock-based compensation	$ 347		347					347
VIE distributions	285								285
Issuance of treasury stock under 401(k) plan		65,987
Issuance of treasury stock under 401(k) plan	(308)		284		(592)			(308)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	(19,824)								(680)
Balance, Ending (in shares) at Sep. 30, 2019		60,166,475
Balance, Ending at Sep. 30, 2019	(248,176)		$ (533,538)	$ 49,197	$ 6,490		$ 233,620	$ (244,231)	$ (3,945)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	(220)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest	$ (66)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net (loss) income	$ (25,714)	$ 27,122
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation and amortization	41,347	43,395
Deferred income tax provision	(738)	(863)
Unrealized Gain (Loss) on Investments	(4,695)	0
Stock-based compensation	959	847
Issuance of treasury stock under 401(k) plan	767	421
Foreign currency translation (gain) loss	(2,327)	3,667
(Increase) decrease in assets:
Accounts receivable	16,124	(52,818)
Inventories	36,920	(62,560)
Prepaid and other current assets	(3,073)	2,299
Other assets	(1,110)	(6,021)
Increase (decrease) in liabilities:
Accounts payable	(24,998)	25,213
Other current liabilities	3,634	(5,072)
Other liabilities	(5,884)	(8,336)
Net cash provided by (used for) operating activities	31,212	(32,706)
Cash flows from investing activities:
Capital expenditures	(26,254)	(26,498)
Payment related to redeemable noncontrolling interest agreement	(71,722)	0
Other	1,354	1,484
Net cash used for investing activities	(96,622)	(25,014)
Cash flows from financing activities:
Proceeds from borrowings	124,153	48,108
Payment on debt	(59,296)	(30,139)
Dividends paid	(901)	(900)
Net cash provided by financing activities	63,956	17,069
Effect of exchange rate changes on cash	(1,628)	(6,120)
Net decrease in cash and cash equivalents	(3,082)	(46,771)
Cash and cash equivalents, beginning of period	81,685	143,570
Cash and cash equivalents, end of period	78,603	96,799
Supplemental information:
Interest paid	18,060	16,814
Income taxes paid, net of refunds received	$ 6,120	$ 7,379

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated interim financial statements include the accounts of Titan International, Inc. and its subsidiaries (Titan or the Company) and have been prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP) for interim financial information and in accordance with the rules and regulations of the United States Securities and Exchange Commission (the SEC). Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. These unaudited condensed consolidated interim financial statements reflect all normal and recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the Company's financial position as of September 30, 2019 , and the results of operations and cash flows for the three and nine months ended September 30, 2019 and 2018 , and should be read in conjunction with the consolidated financial statements and the related notes thereto included in the Company’s latest Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on March 7, 2019 (the 2018 Form 10-K). All significant intercompany transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements include estimates and assumptions of management that affect the amounts reported in the condensed consolidated financial statements. Actual results could differ from these estimates. Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, accounts receivable, notes receivable, accounts payable, other accruals, and notes payable at cost, which approximates fair value due to their short term or stated rates. Investments in marketable equity securities are recorded at fair value. The 6.50% senior secured notes due 2023 (senior secured notes) were carried at a cost of $395.7 million at September 30, 2019 . The fair value of the senior secured notes at September 30, 2019 , as obtained through an independent pricing source, was approximately $319.4 million . Cash dividends The Company declared cash dividends of $0.005 per share of common stock for each of the quarter s ended September 30, 2019 and 2018 , respectively. The third quarter 2019 cash dividend of $0.005 per share of common stock was paid on October 15, 2019, to shareholders of record on September 30, 2019. New accounting standards: Adoption of new accounting standards On January 1, 2019, the Company adopted Accounting Standards Update (ASU) No. 2016-02, "Leases (Topic 842)" (the New Lease Standard) to increase transparency and comparability among entities by recognizing lease assets and liabilities on the balance sheet and disclosing key information about lease arrangements. Titan elected the modified retrospective with cumulative effect transition approach to adopt the New Lease Standard and thus will not restate its comparative periods in the year of transition. The Company adopted the practical expedients of the New Lease Standard which include (i) not reassessing whether expired or existing contracts contain leases, (ii) not reassessing the lease classification for any expired or existing leases, and (iii) not revaluing initial direct costs for existing leases. The Company did not elect the hindsight practical expedient. The adoption of this standard resulted in the recognition of operating lease right-of-use assets and corresponding lease liabilities on the Condensed Consolidated Balance Sheet, which resulted in a net credit adjustment to retained earnings as of January 1, 2019, of $0.6 million . The New Lease Standard did not materially impact operating results or liquidity. Further disclosures related to the New Lease Standard are included in Note 10, Leases. The Company adopted ASU No. 2018-02, "Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income" effective January 1, 2019. The amendments in this update allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the 2017 Tax Cuts and Jobs Act (the 2017 TCJA). Consequently, the amendments eliminate the stranded tax effects resulting from the 2017 TCJA and improve the usefulness of information reported to financial statement users. As a result of adopting this standard, the Company recorded a $4.9 million reclassification to decrease accumulated other comprehensive income and increase retained earnings as of January 1, 2019. The Company adopted the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, "Revenue from Contracts with Customers" (the New Revenue Standard), effective January 1, 2018, using the modified retrospective approach which requires the recognition of the cumulative effect of initially applying the standard as an adjustment to opening retained earnings for the fiscal year beginning January 1, 2018. The adoption of the New Revenue Standard resulted in the recognition of an immaterial cumulative adjustment to opening retained earnings as of January 1, 2018, and had an immaterial effect on the Company’s financial position and results of operations. Results for reporting periods beginning after January 1, 2018, are presented under the New Revenue Standard, which prescribes 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. Titan recognizes revenue when the performance obligations specified in the Company's contracts have been satisfied. Titan's contracts typically contain a single performance obligation that is fulfilled on the date of delivery based on shipping terms stipulated in the contract. The impact of the Company's adoption of the New Revenue Standard on net sales was immaterial and the disaggregation of revenues, which is based on the major markets the Company serves, has not changed from how it is presented in Note 18, Segment Information in Item 1 of this Form 10-Q. The Company adopted ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" on January 1, 2018, using the retrospective transition method. This standard changed the presentation of net periodic pension and postretirement benefit cost (net benefit cost) within the Condensed Consolidated Statement of Operations. Under the previous guidance, net benefit cost was reported as an employee cost within operating income. The amendment requires the bifurcation of net benefit cost, with the service cost component to be presented with other employee compensation costs in operating income, while the other components will be reported separately outside of income from operations. The Company early-adopted ASU No. 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," effective September 30, 2018, using the retrospective approach. ASU 2018-15 requires a customer in a hosting arrangement that is a service contract to apply the guidance on internal-use software to determine which implementation costs to recognize as an asset and which costs to expense. Costs to develop or obtain internal-use software that cannot be capitalized under Subtopic 350-40, such as training costs and certain data conversion costs, also cannot be capitalized for a hosting arrangement that is a service contract. The amendments in this update require a customer in a hosting arrangement that is a service contract to determine whether an implementation activity relates to the preliminary project stage, the application development stage, or the post-implementation stage. Costs for implementation activities in the application development stage will be capitalized depending on the nature of the costs, while costs incurred during the preliminary project and post-implementation stages will be expensed. As a result of the adoption of this accounting standard, the Company capitalized an aggregate of $7.4 million of implementation costs for the year ended December 31, 2018, from selling, general and administration in the Condensed Consolidated Statement of Operations to other assets in the Condensed Consolidated Balance Sheets. In March 2018, the FASB issued ASU No. 2018-05, "Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." This ASU updates the income tax accounting in US GAAP to reflect the SEC's interpretive guidance released on December 22, 2017, when the 2017 TCJA was enacted. In May 2017, the FASB issued ASU No. 2017-09, "Stock Compensation (Topic 718): Scope of Modification Accounting." This update provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. Disclosure requirements under Topic 718 remain unchanged. The Company adopted ASU 2017-09 effective January 1, 2018. The adoption of this guidance did not have a material effect on the Company's condensed consolidated financial statements; no changes were made to the terms or conditions of share-based payments. In August 2016, the FASB issued ASU No. 2016-15, "Statement of Cash Flows (Topic 230): 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 Company adopted this guidance effective January 1, 2018, with no resulting changes to the Company's condensed consolidated financial statements. Accounting standards issued but not yet adopted In August 2018, the FASB issued ASU No. 2018-13, "Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement." The amendments in this update modify the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. The amendments in this update are effective for fiscal years beginning after December 15, 2019. The adoption of this guidance is not expected to have a material effect on the Company's condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, "Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans." The amendments in this update modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The amendments in this update are effective for fiscal years ending after December 15, 2020. The adoption of this guidance is not expected to have a material effect on the Company's condensed consolidated financial statements.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLE Accounts receivable consisted of the following as of the dates set forth below (amounts in thousands): September 30, December 31, Accounts receivable $ 224,451 $ 245,236 Allowance for doubtful accounts (3,223 ) (3,404 ) Accounts receivable, net $ 221,228 $ 241,832 Accounts receivable are reduced by an estimated allowance for doubtful accounts, which is based on known risks and historical losses.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	INVENTORIES Inventories consisted of the following as of the dates set forth below (amounts in thousands): September 30, December 31, Raw material $ 92,468 $ 110,806 Work-in-process 53,218 55,543 Finished goods 206,185 229,386 $ 351,871 $ 395,735 Inventories are valued at the lower of cost or net realizable value. Net realizable value is estimated based on current selling prices. Inventory costs are calculated using the first-in, first-out (FIFO) method or average cost method. Estimated provisions are established for slow-moving and obsolete inventory.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	9 Months Ended
	Sep. 30, 2019
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following as of the dates set forth below (amounts in thousands): September 30, December 31, Land and improvements $ 44,658 $ 43,562 Buildings and improvements 256,251 255,451 Machinery and equipment 592,450 592,932 Tools, dies and molds 110,302 109,537 Construction-in-process 19,839 18,867 1,023,500 1,020,349 Less accumulated depreciation (657,379 ) (635,477 ) $ 366,121 $ 384,872 Depreciation on property, plant and equipment for the nine months ended September 30, 2019 and 2018 , totaled $38.9 million and $40.7 million , respectively.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	INTANGIBLE ASSETS, NET 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) September 30, 2019 September 30, December 31, Amortizable intangible assets: Customer relationships 7.9 $ 12,151 $ 12,967 Patents, trademarks and other 7.8 11,224 11,356 Total at cost 23,375 24,323 Less accumulated amortization (13,407 ) (12,676 ) $ 9,968 $ 11,647 Amortization related to intangible assets for the nine months ended September 30, 2019 and 2018 , totaled $1.5 million and $1.8 million , respectively. Intangible assets are included as a component of other assets in the Condensed Consolidated Balance Sheet. The estimated aggregate amortization expense at September 30, 2019 , for each of the years (or other periods) set forth below was as follows (amounts in thousands): October 1 - December 31, 2019 $ 573 2020 2,029 2021 1,331 2022 955 2023 955 Thereafter 4,125 $ 9,968

WARRANTY

WARRANTY	9 Months Ended
	Sep. 30, 2019
Product Warranties Disclosures [Abstract]
WARRANTY COSTS	WARRANTY Changes in the warranty liability during the nine months ended September 30, 2019 and 2018, respectively, consisted of the following (amounts in thousands): 2019 2018 Warranty liability, January 1 $ 16,327 $ 18,612 Provision for warranty liabilities 3,599 5,522 Warranty payments made (4,969 ) (5,407 ) Warranty liability, September 30 $ 14,957 $ 18,727 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 years, with certain product warranties being prorated after the first year. The Company calculates a provision for warranty expense based on past warranty experience. Warranty accruals are included as a component of other current liabilities on the Condensed Consolidated Balance Sheet.

REVOLVING CREDIT FACILITY AND L

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2019
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): September 30, 2019 Principal Balance Unamortized Debt Issuance Net Carrying Amount 6.50% senior secured notes due 2023 $ 400,000 $ (4,259 ) $ 395,741 Titan Europe credit facilities 41,236 — 41,236 Revolving credit facility 59,000 — 59,000 Other debt 28,202 — 28,202 Capital leases 4,876 — 4,876 Total debt 533,314 (4,259 ) 529,055 Less amounts due within one year 64,228 — 64,228 Total long-term debt $ 469,086 $ (4,259 ) $ 464,827 December 31, 2018 Principal Balance Unamortized Debt Issuance Net Carrying Amount 6.50% senior secured notes due 2023 $ 400,000 $ (4,897 ) $ 395,103 Titan Europe credit facilities 35,115 — 35,115 Other debt 28,429 — 28,429 Capital leases 2,810 — 2,810 Total debt 466,354 (4,897 ) 461,457 Less amounts due within one year 51,885 — 51,885 Total long-term debt $ 414,469 $ (4,897 ) $ 409,572 Aggregate principal maturities of long-term debt at September 30, 2019 , for each of the years (or other periods) set forth below were as follows (amounts in thousands): October 1 - December 31, 2019 $ 43,914 2020 22,159 2021 2,810 2022 61,891 2023 401,593 Thereafter 947 $ 533,314 6.50% senior secured notes due 2023 The senior secured notes are due November 2023. Including the impact of debt issuance costs, these notes had an effective yield of 6.79% at issuance. 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. Titan Europe credit facilities The Titan Europe credit facilities include borrowings from various institutions totaling $41.2 million in aggregate principal amount at September 30, 2019 . Maturity dates on this debt range from less than one year to nine years. The Titan Europe facilities are secured by the assets of Titan's subsidiaries in Italy, Spain, Germany, and Brazil. Revolving credit facility The Company has a $125 million revolving credit facility (credit facility) with agent BMO Harris Bank N.A. and other financial institutions party thereto. The credit facility is collateralized by accounts receivable and inventory of certain of the Company’s domestic subsidiaries and is scheduled to mature in February 2022. From time to time Titan's availability under this credit facility may be less than $125 million as a result of outstanding letters of credit and eligible accounts receivable and inventory balances at certain of its domestic subsidiaries. At September 30, 2019 , under the credit facility there were $59.0 million in borrowings, a $10.3 million letter of credit, and the amount available totaled $37.3 million . Other debt The Company has working capital loans at Titan Pneus do Brasil Ltda and Voltyre-Prom at various interest rates, which totaled $8.2 million and $19.6 million at September 30, 2019 , respectively. Maturity dates on this debt range from less than one year to three years.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS (Notes)	9 Months Ended
	Sep. 30, 2019
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 and nine months ended September 30, 2019 , the Company recorded currency exchange losses related to these derivatives of $0.0 million and $0.9 million , respectively; and for the three and nine months ended September 30, 2018 , the Company recorded currency exchange gains related to these derivatives of $0.1 million and $0.2 million

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTEREST (Notes)	9 Months Ended
	Sep. 30, 2019
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), owned 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 (Shareholders' Agreement) which was entered into in connection with the acquisition of Voltyre-Prom. The agreement contains a settlement put option which was exercisable during a six-month period beginning July 9, 2018. The settlement put option required Titan to purchase the equity interests from OEP and RDIF in Voltyre-Prom with cash or Titan common stock, at a value set by the agreement. The value set by the agreement was the greater of: the aggregate of the investment of the selling party and an amount representing an internal rate of return of 8%, or the last twelve months of EBITDA multiplied by 5.5 less net debt times the selling party's ownership percentage. On November 14, 2018, the Company received notification of exercise of the put option from RDIF. On February 11, 2019, the Company entered into a definitive agreement (the "Agreement") with an affiliate of RDIF relating to the put option that was exercised by RDIF. The transactions contemplated by the Agreement closed on February 22, 2019. Under the terms of the Agreement, in full satisfaction of the settlement put option that was exercised by RDIF, Titan paid to RDIF $25 million in cash at the closing of the transaction, and agreed, subject to the completion of regulatory approval, to issue to RDIF in a private placement 4,032,259 shares of restricted Titan common stock. Due to pending regulatory approval, the issuance of the shares of restricted Titan common stock pursuant to the Agreement was not completed as of September 30, 2019. Immediately following the closing, RDIF continued to own the same interest in Voltyre-Prom, subject to the terms of the Agreement and the Shareholders’ Agreement. Titan has retained the right to buy back the Titan shares from RDIF for $25 million until February 12, 2022, the three-year anniversary of the signing of the Agreement, and, if the stock buyback is consummated within the first year, at the time of such buyback, RDIF would be required to convey to Titan, based on current ownership, a 10.71% interest in Voltyre-Prom, resulting in RDIF reducing its interest in Voltyre-Prom from 35.7% to 25%. On January 8, 2019, the Company received notification of exercise of the put option from OEP. During the second quarter of 2019, the Company made a payment to OEP in the amount of $16.0 million representing the majority of the interest on the amount due to OEP with respect to the put option. On July 30, 2019, Titan Luxembourg S.à r.l. (the “Titan Purchaser”), a subsidiary of the Company, entered into a sale purchase agreement (the “OEP Agreement”) with subsidiaries of OEP, relating to the settlement put option under the Shareholders’ Agreement that was exercised by OEP. Pursuant to the terms of the OEP Agreement, on July 31, 2019, the Titan Purchaser paid to OEP $30.7 million in cash, which, together with the Titan Purchaser’s prior payment to OEP of $16.0 million during the second quarter of 2019, were made in full satisfaction of the settlement put option exercised by OEP under the Shareholders’ Agreement. Immediately following the closing, OEP ceased to have any ownership interests in, and the Titan Purchaser and RDIF owned 64.3% and 35.7% , respectively, of, Voltyre-Prom. As of September 30, 2019 , the value of the redeemable noncontrolling interest held by RDIF was recorded at $25 million , the value of the shares of restricted stock to be issued pursuant to the terms of the agreement. The following is a reconciliation of redeemable noncontrolling interest as of September 30, 2019 and 2018 (amounts in thousands): 2019 2018 Balance at January 1 $ 119,813 $ 113,193 Reclassification as a result of Agreement regarding put option (49,883 ) — Payment of redeemable noncontrolling interest (46,722 ) — Loss attributable to redeemable noncontrolling interest (819 ) (1,106 ) Currency translation 683 (3,256 ) Redemption value adjustment 1,928 11,066 Balance at September 30 $ 25,000 $ 119,897 This obligation represents the value of the restricted common stock due to RDIF on September 30, 2019 , and is presented in the Condensed Consolidated Balance Sheet in redeemable noncontrolling interest, which is treated as mezzanine equity.

LEASE COMMITMENTS (Notes)

LEASE COMMITMENTS (Notes)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lessee, Operating Leases [Text Block]	LEASES The Company leases certain buildings and equipment under both operating and finance leases. Certain lease agreements provide for renewal options, fair value purchase options, and payment of property taxes, maintenance, and insurance by the Company. Under ASC 842, the Company made an accounting policy election, by class of underlying asset, not to separate non-lease components such as those previously stated from lease components and instead will treat the lease agreement as a single lease component for all asset classes. Operating right-of-use (ROU) assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent Titan's obligations to make lease payments arising from the lease. The majority of Titan's leases are operating leases. Operating lease ROU assets and liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. As most of Titan's leases do not provide an implicit interest rate, the Company used its incremental borrowing rate (6.79%), based on the information available at the lease commencement date, in determining the present value of lease payments. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales and selling, general and administrative expenses on the Condensed Consolidated Statement of Operations. Amortization expense associated with finance leases is included in cost of sales and selling, general and administrative expenses, and interest expense associated with finance leases is included in interest expense in the Condensed Consolidated Statement of Operations. Short-term operating leases, which have an initial term of twelve months or less, are not recorded on the balance sheet. Supplemental balance sheet information related to leases was as follows (amounts in thousands): Balance Sheet Classification September 30, 2019 Operating lease ROU assets Operating lease assets $ 23,497 Operating lease current liabilities Other current liabilities $ 6,871 Operating lease long-term liabilities Other long-term liabilities 17,051 Total operating lease liabilities $ 23,922 Finance lease, gross Property, plant & equipment, net $ 6,897 Finance lease accumulated depreciation Property, plant & equipment, net (1,979 ) Finance lease, net $ 4,918 Finance lease current liabilities Other current liabilities $ 1,145 Finance lease long-term liabilities Long-term debt 3,731 Total finance lease liabilities $ 4,876 At September 30, 2019 , maturity of lease liabilities were as follows (amounts in thousands): Operating Leases Finance Leases October 1 - December 31, 2019 $ 3,255 $ 597 2020 7,669 1,318 2021 5,922 1,259 2022 4,297 1,171 2023 2,899 911 Thereafter 4,894 530 Total lease payments $ 28,936 $ 5,786 Less imputed interest 5,014 910 $ 23,922 $ 4,876 Weighted average remaining lease term (in years) 4.8 4.4 Supplemental cash flow information related to leases for the nine months ended September 30, 2019 were as follows: operating cash flows from operating leases were $7.3 million and operating cash flows from finance leases were $0.2 million .
Lessee, Finance Leases [Text Block]	LEASES The Company leases certain buildings and equipment under both operating and finance leases. Certain lease agreements provide for renewal options, fair value purchase options, and payment of property taxes, maintenance, and insurance by the Company. Under ASC 842, the Company made an accounting policy election, by class of underlying asset, not to separate non-lease components such as those previously stated from lease components and instead will treat the lease agreement as a single lease component for all asset classes. Operating right-of-use (ROU) assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent Titan's obligations to make lease payments arising from the lease. The majority of Titan's leases are operating leases. Operating lease ROU assets and liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. As most of Titan's leases do not provide an implicit interest rate, the Company used its incremental borrowing rate (6.79%), based on the information available at the lease commencement date, in determining the present value of lease payments. Operating lease expense is recognized on a straight-line basis over the lease term and is included in cost of sales and selling, general and administrative expenses on the Condensed Consolidated Statement of Operations. Amortization expense associated with finance leases is included in cost of sales and selling, general and administrative expenses, and interest expense associated with finance leases is included in interest expense in the Condensed Consolidated Statement of Operations. Short-term operating leases, which have an initial term of twelve months or less, are not recorded on the balance sheet. Supplemental balance sheet information related to leases was as follows (amounts in thousands): Balance Sheet Classification September 30, 2019 Operating lease ROU assets Operating lease assets $ 23,497 Operating lease current liabilities Other current liabilities $ 6,871 Operating lease long-term liabilities Other long-term liabilities 17,051 Total operating lease liabilities $ 23,922 Finance lease, gross Property, plant & equipment, net $ 6,897 Finance lease accumulated depreciation Property, plant & equipment, net (1,979 ) Finance lease, net $ 4,918 Finance lease current liabilities Other current liabilities $ 1,145 Finance lease long-term liabilities Long-term debt 3,731 Total finance lease liabilities $ 4,876 At September 30, 2019 , maturity of lease liabilities were as follows (amounts in thousands): Operating Leases Finance Leases October 1 - December 31, 2019 $ 3,255 $ 597 2020 7,669 1,318 2021 5,922 1,259 2022 4,297 1,171 2023 2,899 911 Thereafter 4,894 530 Total lease payments $ 28,936 $ 5,786 Less imputed interest 5,014 910 $ 23,922 $ 4,876 Weighted average remaining lease term (in years) 4.8 4.4 Supplemental cash flow information related to leases for the nine months ended September 30, 2019 were as follows: operating cash flows from operating leases were $7.3 million and operating cash flows from finance leases were $0.2 million .

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [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 $1.8 million to the pension plans during the nine months ended September 30, 2019 , and expects to contribute approximately $1.0 million to the pension plans during the remainder of 2019 . The components of net periodic pension cost consisted of the following for the periods set forth below (amounts in thousands): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Service cost $ 228 $ 169 $ 658 $ 447 Interest cost 1,075 1,056 3,304 3,237 Expected return on assets (1,186 ) (1,487 ) (3,563 ) (4,470 ) Amortization of unrecognized prior service cost 56 50 169 150 Amortization of net unrecognized loss 766 682 2,296 2,048 Net periodic pension cost $ 939 $ 470 $ 2,864 $ 1,412 Service cost is recorded as cost of sales in the Condensed Consolidated Statement of Operations while all other components are recorded in other income.

VARIABLE INTEREST ENTITIES (Not

VARIABLE INTEREST ENTITIES (Notes)	9 Months Ended
	Sep. 30, 2019
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Variable Interest Entities Disclosure [Text Block]	VARIABLE INTEREST ENTITIES The Company holds a variable interest in two joint ventures for which the Company is the primary beneficiary. These joint ventures operate distribution facilities that primarily distribute mining products. Titan is the 50% owner of one of these distribution facilities, which is located in Canada, and the 40% owner of the other such facility, which is located in Australia. The Company’s variable interests in these two joint ventures relate to sales of Titan product to these entities, consigned inventory, and working capital loans. Titan also is party to a joint venture that is the consortium that owns Voltyre-Prom, of which Titan originally was a 43% owner. On July 31, 2019, however, Titan purchased additional shares resulting in a 64.3% ownership in the consortium and the joint venture became a majority owned entity and is no longer a variable interest entity (a VIE). See Note 9 for additional information. The Company also holds a variable interest in five other entities for which Titan is the primary beneficiary. Each of these entities provides specific manufacturing related services at the Company's Tennessee facility. Titan's variable interest in these entities relates to financial support as Titan provides many of the assets used by these entities in their business. The Company owns no equity in these entities. As the primary beneficiary of these VIEs', the VIEs’ assets, liabilities, and results of operations are included in the Company’s condensed consolidated financial statements. The other equity holders’ interests are reflected in “Net (loss) income attributable to noncontrolling interests” in the Condensed Consolidated Statements of Operations and “Noncontrolling interests” in the Condensed Consolidated Balance Sheets. The following table summarizes the carrying amount of the VIEs’ assets and liabilities included in the Company’s Condensed Consolidated Balance Sheets at September 30, 2019 , and December 31, 2018 (amounts in thousands): September 30, December 31, 2018 Cash and cash equivalents $ 2,878 $ 9,064 Inventory 620 12,987 Other current assets 2,778 38,533 Property, plant and equipment, net 1,363 28,057 Other long-term assets — 2,971 Total assets $ 7,639 $ 91,612 Current liabilities $ 1,190 $ 36,246 Other long-term liabilities 553 6,353 Total liabilities $ 1,743 $ 42,599 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 variable interests in certain VIEs that 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 related to purchases of materials. The maximum exposure to loss as reflected in the table below 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 Condensed Consolidated Balance Sheets related to Titan's interest in these non-consolidated VIEs and the Company's maximum exposure to loss related to non-consolidated VIEs as of the dates set forth below were as follows (amounts in thousands): September 30, December 31, 2018 Investments $ 5,044 $ 3,985 Other current assets — 1,200 Total VIE assets 5,044 5,185 Accounts payable 2,353 2,350 Maximum exposure to loss $ 7,397 $ 7,535

ROYALTY EXPENSE

ROYALTY EXPENSE	9 Months Ended
	Sep. 30, 2019
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. Each of these agreements is scheduled to expire in 2025. Royalty expenses were $2.5 million and $2.6 million for the quarters ended September 30, 2019 and 2018 , respectively, and $7.5 million and $7.9 million for the nine months ended September 30, 2019 and 2018

OTHER INCOME

OTHER INCOME	9 Months Ended
	Sep. 30, 2019
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 Nine months ended September 30, September 30, 2019 2018 2019 2018 Gain on Wheels India Limited share sale $ 4,695 $ — $ 4,695 $ — Equity investment income 445 1,016 2,294 3,199 Building rental income 362 381 1,096 1,369 Interest income 193 456 834 1,605 (Loss) gain on sale of assets (59 ) 246 708 423 Other (expense) income (377 ) 5,338 (1,303 ) 11,068 $ 5,259 $ 7,437 $ 8,324 $ 17,664

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company recorded income tax expense of $2.1 million and $2.8 million for the quarters ended September 30, 2019 and 2018 , respectively. For the nine months ended September 30, 2019 and 2018, the Company recorded income tax expense of $0.8 million and $3.7 million , respectively. The Company's effective income tax rate was (11)% and 51% for the quarters ended September 30, 2019 and 2018 , and (3)% and 12% for the nine months ended September 30, 2019 and 2018 , respectively. The Company’s 2019 and 2018 income tax expense and rates differed 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 and partially offset by a reduction of the liability for unrecognized tax positions. In addition, there were non-deductible royalty expenses and statutorily required income adjustments made in certain foreign jurisdictions that negatively impacted the tax rate for the nine months ended September 30, 2019 and 2018. The Company continues to monitor the realization of its deferred tax assets and assesses the need for a valuation allowance. The Company analyzes available positive and negative evidence to determine if a valuation allowance is needed based on the weight of the evidence. This objectively verifiable evidence primarily includes the past three years' profit and loss positions. This process requires management to make estimates, assumptions, and judgments that are uncertain in nature. The Company has established valuation allowances with respect to deferred tax assets in the U.S. and certain foreign jurisdictions and continues to monitor and assess potential valuation allowances in all its jurisdictions. The 2017 TCJA was enacted on December 22, 2017, and included a number of changes in existing tax law impacting businesses, including a one-time deemed repatriation of cumulative undistributed foreign earnings and a permanent reduction in the U.S. federal statutory income tax rate from 35% to 21% effective January 1, 2018. Under US GAAP, changes in tax rates and tax law are accounted for in the period of enactment and deferred tax assets and liabilities are re-measured at the enacted tax rate. The re-measured U.S. net deferred asset was fully offset by a change in the valuation allowance in 2017. The Company’s net cumulative undistributed foreign earnings were a cumulative loss and therefore no additional income tax expense related to the one-time deemed repatriation toll charge was recorded in 2017. The 2017 TCJA also created a new requirement that certain income (i.e., global intangible low taxed income, hereinafter referred to as GILTI) earned by foreign subsidiaries must be included currently in the gross income of the U.S. shareholder. For 2018 and 2019, the Company has estimated an amount of GILTI income that is included in the calculation of 2018 and 2019 income tax expense. This GILTI income inclusion, however, is fully offset by a change in the valuation allowance.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Earnings per share (EPS) were as follows for the periods presented below (amounts in thousands, except per share data): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Net (loss) income attributable to Titan $ (19,144 ) $ 2,295 $ (23,590 ) $ 28,378 Redemption value adjustment (491 ) (4,045 ) (1,928 ) (11,066 ) Net (loss) income applicable to common shareholders $ (19,635 ) $ (1,750 ) $ (25,518 ) $ 17,312 Determination of shares: Weighted average shares outstanding (basic) 60,161 59,897 60,037 59,787 Effect of equity awards/trusts — — — 106 Weighted average shares outstanding (diluted) 60,161 59,897 60,037 59,893 Earnings per share: Basic and diluted (0.33 ) (0.03 ) (0.43 ) 0.29 The effect of equity awards has been excluded for the three and nine months ended September 30, 2019, and for the three months ended September 30, 2018, as the effect would have been antidilutive. The weighted average share amount excluded for equity awards was 9 thousand shares for each the three and nine months ended September 30, 2019, and 18 thousand shares for the three months ended September 30, 2018.

LITIGATION

LITIGATION	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	LITIGATION The Company is a party to routine legal proceedings arising out of the normal course of business. Due to the difficult nature of predicting unresolved and future legal claims, the Company cannot anticipate or predict the material adverse effect on its consolidated financial condition, results of operations, or cash flows as a result of efforts to comply with, or liabilities pertaining to, legal judgments. At September 30, 2019 , two of Titan’s subsidiaries were involved in litigation concerning environmental laws and regulations. In June 2015, Titan Tire Corporation (Titan Tire) and Dico, Inc. (Dico) appealed a U.S. District Court order granting the U.S. motion for summary judgment that found Dico liable for violating the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) and an Environmental Protection Agency (EPA) Administrative Order and awarded response costs, civil penalties, and punitive damages. In December 2015, the United States Court of Appeals for the Eighth Circuit reversed the District Court’s summary judgment order with respect to “arranger” liability for Titan Tire and Dico under CERCLA and the imposition of punitive damages against Dico for violating the EPA Administrative Order, but affirmed the summary judgment order imposing civil penalties in the amount of $1.62 million against Dico for violating the EPA Administrative Order. The case was remanded to the District Court for a new trial on the remaining issues. The trial occurred in April 2017. On September 5, 2017, the District Court issued an order: (a) concluding Titan Tire and Dico arranged for the disposal of a hazardous substance in violation of 42 U.S.C. § 9607(a); (b) holding Titan Tire and Dico jointly and severally liable for $5.45 million in response costs previously incurred and reported by the United States relating to the alleged violation, including enforcement costs and attorney’s fees; and (c) awarding a declaratory judgment holding Titan Tire and Dico jointly and severally liable for all additional response costs previously incurred but not yet reported or to be incurred in the future, including enforcement costs and attorney’s fees. The District Court also held Dico liable for $5.45 million in punitive damages under 42 U.S.C. § 9607(c)(3) for violating a unilateral administrative order. The punitive damages award does not apply to Titan Tire. The Company accrued a contingent liability of $6.5 million , representing $5.45 million in costs incurred by the United States and $1.05 million of additional response costs, for this order in the quarter ended September 30, 2017. As of September 30, 2019 , the $6.5 million contingent liability remains outstanding. Titan Tire and Dico appealed the case to the United States Court of Appeals for the Eighth Circuit. On April 11, 2019, the U.S. Court of Appeals for the Eighth Circuit affirmed the District Court’s September 5, 2017, order. Thereafter, Dico and Titan Tire filed a petition for rehearing with the U.S. Court of Appeals for the Eighth Circuit, which was denied in August 2019. As a result of the current judgment in favor of the United States, and pursuant to Iowa Code § 624.23, a judgment lien exists over Titan Tire’s real property in the State of Iowa. Titan Tire maintains a supersedeas bond in the amount of $6.0 million relating to the judgment. The United States has indicated that it does not currently intend to take steps to execute on this judgment lien in light of ongoing settlement discussions between the parties. However, there can be no assurance that the parties will settle this matter on terms acceptable to the parties.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2019
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 sales, expenses, and income from operations are determined based on the results of operations for the operating units of the Company's 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 each of the three and nine months ended September 30, 2019 and 2018 (amounts in thousands): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Net sales Agricultural $ 156,625 $ 163,367 $ 512,639 $ 544,404 Earthmoving/construction 155,659 180,362 517,186 568,057 Consumer 33,621 40,990 117,051 126,544 $ 345,905 $ 384,719 $ 1,146,876 $ 1,239,005 Gross profit Agricultural $ 10,426 $ 19,921 $ 46,798 $ 77,153 Earthmoving/construction 12,935 17,819 50,806 64,541 Consumer 3,739 5,964 13,068 19,883 $ 27,100 $ 43,704 $ 110,672 $ 161,577 (Loss) income from operations Agricultural $ (1,230 ) $ 11,539 $ 17,062 $ 51,862 Earthmoving/construction (2,938 ) 6,056 8,293 27,584 Consumer (229 ) 3,225 3,120 10,822 Corporate & Unallocated (8,219 ) (15,997 ) (39,385 ) (47,099 ) (Loss) income from operations (12,616 ) 4,823 (10,910 ) 43,169 Interest expense (8,357 ) (7,596 ) (24,585 ) (22,786 ) Foreign exchange (loss) gain (2,266 ) 855 2,218 (7,187 ) Other income, net 5,259 7,437 8,324 17,664 (Loss) income before income taxes $ (17,980 ) $ 5,519 $ (24,953 ) $ 30,860 Assets by segment were as follows as of the dates set forth below (amounts in thousands): September 30, December 31, Total assets Agricultural $ 471,906 $ 464,828 Earthmoving/construction 502,030 543,927 Consumer 116,246 129,994 Corporate & Unallocated 99,420 112,507 $ 1,189,602 $ 1,251,256

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2019
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): September 30, 2019 December 31, 2018 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Derivative financial instruments asset $ — $ — $ — $ — $ 902 $ — $ 902 $ —

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2019
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 the 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 with which Mr. Fred Taylor is associated that do business with Titan include the following: Blacksmith OTR, LLC; F.B.T. Enterprises, Inc.; Green Carbon, Inc.; Silverstone, Inc.; and OTR Wheel Engineering, Inc. Sales of Titan products to these companies were approximately $0.3 million and $0.9 million for the three and nine months ended September 30, 2019 , respectively, and approximately $0.3 million and $1.0 million for the three and nine months ended September 30, 2018 , respectively. Titan had trade receivables due from these companies of approximately $0.2 million at September 30, 2019 , and approximately $0.2 million at December 31, 2018 . Sales commissions paid to the above companies were approximately $0.4 million and $1.1 million for the three and nine months ended September 30, 2019 , respectively, as compared to $0.4 million and $1.4 million for the three and nine months ended September 30, 2018 , respectively. In July 2013, the Company entered into a Shareholders’ Agreement with OEP and RDIF to acquire Voltyre-Prom. Mr. Richard M. Cashin Jr., a director of the Company, is the President of OEP, which owned 21.4% of the joint venture at June 30, 2019. The Shareholders’ Agreement contained a settlement put option which potentially required the Company to purchase equity interests in the joint venture from OEP and RDIF at a value set by the agreement. On January 8, 2019, the Company received notification of exercise of the put option from OEP. During the second quarter of 2019, the Company made a payment to OEP in the amount of $16 million representing the majority of the interest on the amount due to OEP. On July 30, 2019, the Titan Purchaser entered into the OEP Agreement with subsidiaries of OEP, relating to the settlement put option under the Shareholders’ Agreement that was exercised by OEP. Pursuant to the terms of the OEP Agreement, on July 31, 2019, the Titan Purchaser paid to OEP $30.7 million in cash, which, together with the Titan Purchaser’s prior payment to OEP of $16 million during the second quarter of 2019, were made in full satisfaction of the settlement put option exercised by OEP under the Shareholders’ Agreement. Immediately following the closing, OEP ceased to have any ownership interests in, and the Titan Purchaser and RDIF owned 64.3% and 35.7% , respectively, of, Voltyre-Prom. See Note 9 for additional information.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Notes)	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity Note [Abstract]
Comprehensive Loss Note	ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss consisted of the following for the periods presented below (amounts in thousands): Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at July 1, 2019 $ (176,290 ) $ (31,706 ) $ (207,996 ) Currency translation adjustments (20,011 ) — (20,011 ) Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $79 — 590 590 Reclassification as a result of ownership change (6,203 ) — (6,203 ) Balance at September 30, 2019 $ (202,504 ) $ (31,116 ) $ (233,620 ) Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2019 $ (175,794 ) $ (27,777 ) $ (203,571 ) Currency translation adjustments (20,507 ) — (20,507 ) Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $311 — 1,594 1,594 Reclassification as a result of ownership change (6,203 ) — (6,203 ) Reclassification from AOCI to retained earnings - adoption of ASU 2018-02 — (4,933 ) (4,933 ) Balance at September 30, 2019 $ (202,504 ) $ (31,116 ) $ (233,620 )

SUBSIDIARY GUARANTOR FINANCIAL

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION	9 Months Ended
	Sep. 30, 2019
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 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 September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 141,133 $ 345,992 $ (141,220 ) $ 345,905 Cost of sales 107 134,169 325,749 (141,220 ) 318,805 Gross (loss) profit (107 ) 6,964 20,243 — 27,100 Selling, general and administrative expenses 1,513 12,094 21,347 — 34,954 Research and development expenses 276 678 1,355 — 2,309 Royalty expense 679 860 914 — 2,453 Loss from operations (2,575 ) (6,668 ) (3,373 ) — (12,616 ) Interest expense (7,350 ) (5 ) (1,002 ) — (8,357 ) Intercompany interest income (expense) 884 841 (1,725 ) — — Foreign exchange loss (47 ) (152 ) (2,067 ) — (2,266 ) Other income (expense) 427 (518 ) 5,350 — 5,259 Loss before income taxes (8,661 ) (6,502 ) (2,817 ) — (17,980 ) Provision for income taxes 635 126 1,303 — 2,064 Equity in earnings of subsidiaries (10,748 ) — (1,851 ) 12,599 — Net (loss) income (20,044 ) (6,628 ) (5,971 ) 12,599 (20,044 ) Net loss attributable to noncontrolling interests — — (900 ) — (900 ) Net (loss) income attributable to Titan $ (20,044 ) $ (6,628 ) $ (5,071 ) $ 12,599 $ (19,144 ) (Amounts in thousands) Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 142,040 $ 384,510 $ (141,831 ) $ 384,719 Cost of sales 150 128,270 354,426 (141,831 ) 341,015 Gross (loss) profit (150 ) 13,770 30,084 — 43,704 Selling, general and administrative expenses 317 14,017 19,375 — 33,709 Research and development expenses 332 936 1,323 — 2,591 Royalty expense 594 943 1,044 — 2,581 (Loss) income from operations (1,393 ) (2,126 ) 8,342 — 4,823 Interest expense (6,817 ) — (779 ) — (7,596 ) Intercompany interest income (expense) 634 839 (1,473 ) — — Foreign exchange (loss) gain — (57 ) 912 — 855 Other income (loss) 5,421 (116 ) 2,132 — 7,437 (Loss) income before income taxes (2,155 ) (1,460 ) 9,134 — 5,519 Provision for income taxes 423 614 1,804 — 2,841 Equity in earnings of subsidiaries 5,256 — (1,984 ) (3,272 ) — Net income (loss) 2,678 (2,074 ) 5,346 (3,272 ) 2,678 Net income attributable to noncontrolling interests — — 383 — 383 Net income (loss) attributable to Titan $ 2,678 $ (2,074 ) $ 4,963 $ (3,272 ) $ 2,295 (Amounts in thousands) Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 475,652 $ 1,147,568 $ (476,344 ) $ 1,146,876 Cost of sales 248 438,535 1,073,765 (476,344 ) 1,036,204 Gross (loss) profit (248 ) 37,117 73,803 — 110,672 Selling, general and administrative expenses 4,694 35,299 66,612 — 106,605 Research and development expenses 768 2,263 4,439 — 7,470 Royalty expense 1,743 3,005 2,759 — 7,507 Loss from operations (7,453 ) (3,450 ) (7 ) — (10,910 ) Interest expense (21,520 ) (5 ) (3,060 ) — (24,585 ) Intercompany interest income (expense) 2,158 2,731 (4,889 ) — — Foreign exchange (loss) gain (69 ) (156 ) 2,443 — 2,218 Other income (expense) 1,371 (1,596 ) 8,549 — 8,324 (Loss) income before income taxes (25,513 ) (2,476 ) 3,036 — (24,953 ) (Benefit) provision for income taxes (6,390 ) 410 6,741 — 761 Equity in earnings of subsidiaries (6,591 ) — (1,320 ) 7,911 — Net (loss) income (25,714 ) (2,886 ) (5,025 ) 7,911 (25,714 ) Net loss attributable to noncontrolling interests — — (2,124 ) — (2,124 ) Net (loss) income attributable to Titan $ (25,714 ) $ (2,886 ) $ (2,901 ) $ 7,911 $ (23,590 ) (Amounts in thousands) Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 479,557 $ 901,279 $ (141,831 ) $ 1,239,005 Cost of sales 396 410,008 808,855 (141,831 ) 1,077,428 Gross (loss) profit (396 ) 69,549 92,424 — 161,577 Selling, general and administrative expenses 3,191 46,276 52,841 — 102,308 Research and development expenses 825 2,905 4,492 — 8,222 Royalty expense 1,475 3,396 3,007 — 7,878 (Loss) income from operations (5,887 ) 16,972 32,084 — 43,169 Interest expense (20,456 ) — (2,330 ) — (22,786 ) Intercompany interest income (expense) 1,886 2,761 (4,647 ) — — Foreign exchange loss — (727 ) (6,460 ) — (7,187 ) Other income (expense) 12,051 (428 ) 6,041 — 17,664 (Loss) income before income taxes (12,406 ) 18,578 24,688 — 30,860 (Benefit) provision for income taxes (12,033 ) 7,918 7,853 — 3,738 Equity in earnings of subsidiaries 27,495 — (1,459 ) (26,036 ) — Net income (loss) 27,122 10,660 15,376 (26,036 ) 27,122 Net loss attributable to noncontrolling interests — — (1,256 ) — (1,256 ) Net income (loss) attributable to Titan $ 27,122 $ 10,660 $ 16,632 $ (26,036 ) $ 28,378 (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net (loss) income $ (20,044 ) $ (6,628 ) $ (5,971 ) $ 12,599 $ (20,044 ) Currency translation adjustment (20,324 ) — (20,324 ) 20,324 (20,324 ) Pension liability adjustments, net of tax 590 753 (163 ) (590 ) 590 Comprehensive (loss) income (39,778 ) (5,875 ) (26,458 ) 32,333 (39,778 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (1,213 ) — (1,213 ) Comprehensive (loss) income attributable to Titan $ (39,778 ) $ (5,875 ) $ (25,245 ) $ 32,333 $ (38,565 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 2,678 $ (2,074 ) $ 5,346 $ (3,272 ) $ 2,678 Currency translation adjustment (13,577 ) — (13,577 ) 13,577 (13,577 ) Pension liability adjustments, net of tax 733 646 87 (733 ) 733 Comprehensive (loss) income (10,166 ) (1,428 ) (8,144 ) 9,572 (10,166 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (811 ) — (811 ) Comprehensive (loss) income attributable to Titan $ (10,166 ) $ (1,428 ) $ (7,333 ) $ 9,572 $ (9,355 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net (loss) income $ (25,714 ) $ (2,886 ) $ (5,025 ) $ 7,911 $ (25,714 ) Currency translation adjustment (19,280 ) — (19,280 ) 19,280 (19,280 ) Pension liability adjustments, net of tax 1,594 2,256 (662 ) (1,594 ) 1,594 Comprehensive (loss) income (43,400 ) (630 ) (24,967 ) 25,597 (43,400 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (897 ) — (897 ) Comprehensive (loss) income attributable to Titan $ (43,400 ) $ (630 ) $ (24,070 ) $ 25,597 $ (42,503 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 27,122 $ 10,660 $ 15,376 $ (26,036 ) $ 27,122 Currency translation adjustment (43,853 ) — (43,853 ) 43,853 (43,853 ) Pension liability adjustments, net of tax 2,306 1,938 368 (2,306 ) 2,306 Comprehensive (loss) income (14,425 ) 12,598 (28,109 ) 15,511 (14,425 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (4,036 ) — (4,036 ) Comprehensive (loss) income attributable to Titan $ (14,425 ) $ 12,598 $ (24,073 ) $ 15,511 $ (10,389 ) (Amounts in thousands) Condensed Consolidating Balance Sheets September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 12,669 $ 7 $ 65,927 $ — $ 78,603 Accounts receivable, net (596 ) 71 221,753 — 221,228 Inventories — 49,910 301,961 — 351,871 Prepaid and other current assets 3,117 17,441 60,134 — 80,692 Total current assets 15,190 67,429 649,775 — 732,394 Property, plant and equipment, net 11,086 93,010 262,025 — 366,121 Investment in subsidiaries 760,072 — 64,300 (824,372 ) — Other assets 2,722 4,677 83,688 — 91,087 Total assets $ 789,070 $ 165,116 $ 1,059,788 $ (824,372 ) $ 1,189,602 Liabilities and Equity Short-term debt $ 505 $ 68 $ 63,655 $ — $ 64,228 Accounts payable 4,783 29,429 148,125 — 182,337 Other current liabilities 23,467 21,269 74,647 — 119,383 Total current liabilities 28,755 50,766 286,427 — 365,948 Long-term debt 456,156 219 8,452 — 464,827 Other long-term liabilities 5,204 19,082 61,365 — 85,651 Intercompany accounts 13,756 (411,185 ) 397,429 — — Redeemable noncontrolling interest — — 25,000 — 25,000 Titan shareholders' equity 285,199 506,234 277,170 (824,372 ) 244,231 Noncontrolling interests — — 3,945 — 3,945 Total liabilities and equity $ 789,070 $ 165,116 $ 1,059,788 $ (824,372 ) $ 1,189,602 (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 Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by operating activities $ 2,683 $ 5,742 $ 22,787 $ 31,212 Cash flows from investing activities: Capital expenditures (21 ) (6,207 ) (20,026 ) (26,254 ) Payments related to redeemable noncontrolling interest (71,722 ) — — (71,722 ) Other, net — 181 1,173 1,354 Net cash used for investing activities (71,743 ) (6,026 ) (18,853 ) (96,622 ) Cash flows from financing activities: Proceeds from borrowings 73,000 287 50,866 124,153 Payment on debt (14,000 ) — (45,296 ) (59,296 ) Dividends paid (901 ) — — (901 ) Net cash provided by financing activities 58,099 287 5,570 63,956 Effect of exchange rate change on cash — — (1,628 ) (1,628 ) Net (decrease) increase in cash and cash equivalents (10,961 ) 3 7,876 (3,082 ) Cash and cash equivalents, beginning of period 23,630 4 58,051 81,685 Cash and cash equivalents, end of period $ 12,669 $ 7 $ 65,927 $ 78,603 (Amounts in thousands) Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash (used for) provided by operating activities $ (22,905 ) $ 3,827 $ (13,628 ) $ (32,706 ) Cash flows from investing activities: Capital expenditures (259 ) (3,836 ) (22,403 ) (26,498 ) Other, net 740 1 743 1,484 Net cash provided by (used for) investing activities 481 (3,835 ) (21,660 ) (25,014 ) Cash flows from financing activities: Proceeds from borrowings — — 48,108 48,108 Payment on debt — — (30,139 ) (30,139 ) Dividends paid (900 ) — — (900 ) Net cash (used for) provided by financing activities (900 ) — 17,969 17,069 Effect of exchange rate change on cash — — (6,120 ) (6,120 ) Net decrease in cash and cash equivalents (23,324 ) (8 ) (23,439 ) (46,771 ) Cash and cash equivalents, beginning of period 59,740 13 83,817 143,570 Cash and cash equivalents, end of period $ 36,416 $ 5 $ 60,378 $ 96,799

SUBSEQUENT EVENTS (Notes)

SUBSEQUENT EVENTS (Notes)	9 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS On October 3, 2019, through one of its wholly-owned subsidiaries, the Company completed the sale of shares of Wheels India Limited (“Wheels India”) in on-market trades on the National Stock Exchange of India Ltd. The sale reduced the Company’s indirect ownership interest in Wheels India from approximately 34.2% of the outstanding shares of Wheels India to approximately 23.8% . On October 3, 2019, the Company received net proceeds from the on-market trades of approximately $19 million , net of charges, discounts and commissions, which Titan used to pay down outstanding indebtedness. A gain of $4.7 million was recorded on the transaction in the quarter ended September 30, 2019, based on the date of the trade.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Fair value of financial instruments	Fair value of financial instruments The Company records all financial instruments, including cash and cash equivalents, accounts receivable, notes receivable, accounts payable, other accruals, and notes payable at cost, which approximates fair value due to their short term or stated rates. Investments in marketable equity securities are recorded at fair value. The 6.50% senior secured notes due 2023 (senior secured notes) were carried at a cost of $395.7 million at September 30, 2019 . The fair value of the senior secured notes at September 30, 2019 , as obtained through an independent pricing source, was approximately $319.4 million .
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Adoption of new accounting standards On January 1, 2019, the Company adopted Accounting Standards Update (ASU) No. 2016-02, "Leases (Topic 842)" (the New Lease Standard) to increase transparency and comparability among entities by recognizing lease assets and liabilities on the balance sheet and disclosing key information about lease arrangements. Titan elected the modified retrospective with cumulative effect transition approach to adopt the New Lease Standard and thus will not restate its comparative periods in the year of transition. The Company adopted the practical expedients of the New Lease Standard which include (i) not reassessing whether expired or existing contracts contain leases, (ii) not reassessing the lease classification for any expired or existing leases, and (iii) not revaluing initial direct costs for existing leases. The Company did not elect the hindsight practical expedient. The adoption of this standard resulted in the recognition of operating lease right-of-use assets and corresponding lease liabilities on the Condensed Consolidated Balance Sheet, which resulted in a net credit adjustment to retained earnings as of January 1, 2019, of $0.6 million . The New Lease Standard did not materially impact operating results or liquidity. Further disclosures related to the New Lease Standard are included in Note 10, Leases. The Company adopted ASU No. 2018-02, "Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income" effective January 1, 2019. The amendments in this update allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the 2017 Tax Cuts and Jobs Act (the 2017 TCJA). Consequently, the amendments eliminate the stranded tax effects resulting from the 2017 TCJA and improve the usefulness of information reported to financial statement users. As a result of adopting this standard, the Company recorded a $4.9 million reclassification to decrease accumulated other comprehensive income and increase retained earnings as of January 1, 2019. The Company adopted the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, "Revenue from Contracts with Customers" (the New Revenue Standard), effective January 1, 2018, using the modified retrospective approach which requires the recognition of the cumulative effect of initially applying the standard as an adjustment to opening retained earnings for the fiscal year beginning January 1, 2018. The adoption of the New Revenue Standard resulted in the recognition of an immaterial cumulative adjustment to opening retained earnings as of January 1, 2018, and had an immaterial effect on the Company’s financial position and results of operations. Results for reporting periods beginning after January 1, 2018, are presented under the New Revenue Standard, which prescribes 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. Titan recognizes revenue when the performance obligations specified in the Company's contracts have been satisfied. Titan's contracts typically contain a single performance obligation that is fulfilled on the date of delivery based on shipping terms stipulated in the contract. The impact of the Company's adoption of the New Revenue Standard on net sales was immaterial and the disaggregation of revenues, which is based on the major markets the Company serves, has not changed from how it is presented in Note 18, Segment Information in Item 1 of this Form 10-Q. The Company adopted ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" on January 1, 2018, using the retrospective transition method. This standard changed the presentation of net periodic pension and postretirement benefit cost (net benefit cost) within the Condensed Consolidated Statement of Operations. Under the previous guidance, net benefit cost was reported as an employee cost within operating income. The amendment requires the bifurcation of net benefit cost, with the service cost component to be presented with other employee compensation costs in operating income, while the other components will be reported separately outside of income from operations. The Company early-adopted ASU No. 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," effective September 30, 2018, using the retrospective approach. ASU 2018-15 requires a customer in a hosting arrangement that is a service contract to apply the guidance on internal-use software to determine which implementation costs to recognize as an asset and which costs to expense. Costs to develop or obtain internal-use software that cannot be capitalized under Subtopic 350-40, such as training costs and certain data conversion costs, also cannot be capitalized for a hosting arrangement that is a service contract. The amendments in this update require a customer in a hosting arrangement that is a service contract to determine whether an implementation activity relates to the preliminary project stage, the application development stage, or the post-implementation stage. Costs for implementation activities in the application development stage will be capitalized depending on the nature of the costs, while costs incurred during the preliminary project and post-implementation stages will be expensed. As a result of the adoption of this accounting standard, the Company capitalized an aggregate of $7.4 million of implementation costs for the year ended December 31, 2018, from selling, general and administration in the Condensed Consolidated Statement of Operations to other assets in the Condensed Consolidated Balance Sheets. In March 2018, the FASB issued ASU No. 2018-05, "Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." This ASU updates the income tax accounting in US GAAP to reflect the SEC's interpretive guidance released on December 22, 2017, when the 2017 TCJA was enacted. In May 2017, the FASB issued ASU No. 2017-09, "Stock Compensation (Topic 718): Scope of Modification Accounting." This update provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. Disclosure requirements under Topic 718 remain unchanged. The Company adopted ASU 2017-09 effective January 1, 2018. The adoption of this guidance did not have a material effect on the Company's condensed consolidated financial statements; no changes were made to the terms or conditions of share-based payments. In August 2016, the FASB issued ASU No. 2016-15, "Statement of Cash Flows (Topic 230): 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 Company adopted this guidance effective January 1, 2018, with no resulting changes to the Company's condensed consolidated financial statements.
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting standards issued but not yet adopted In August 2018, the FASB issued ASU No. 2018-13, "Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement." The amendments in this update modify the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. The amendments in this update are effective for fiscal years beginning after December 15, 2019. The adoption of this guidance is not expected to have a material effect on the Company's condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, "Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans." The amendments in this update modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The amendments in this update are effective for fiscal years ending after December 15, 2020. The adoption of this guidance is not expected to have a material effect on the Company's condensed consolidated financial statements.

ACCOUNTING POLICIES (Tables)

ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	The Company adopted the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, "Revenue from Contracts with Customers" (the New Revenue Standard), effective January 1, 2018, using the modified retrospective approach which requires the recognition of the cumulative effect of initially applying the standard as an adjustment to opening retained earnings for the fiscal year beginning January 1, 2018. The adoption of the New Revenue Standard resulted in the recognition of an immaterial cumulative adjustment to opening retained earnings as of January 1, 2018, and had an immaterial effect on the Company’s financial position and results of operations. Results for reporting periods beginning after January 1, 2018, are presented under the New Revenue Standard, which prescribes 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. Titan recognizes revenue when the performance obligations specified in the Company's contracts have been satisfied. Titan's contracts typically contain a single performance obligation that is fulfilled on the date of delivery based on shipping terms stipulated in the contract. The impact of the Company's adoption of the New Revenue Standard on net sales was immaterial and the disaggregation of revenues, which is based on the major markets the Company serves, has not changed from how it is presented in Note 18, Segment Information in Item 1 of this Form 10-Q.

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	9 Months Ended
	Sep. 30, 2019
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): September 30, December 31, Accounts receivable $ 224,451 $ 245,236 Allowance for doubtful accounts (3,223 ) (3,404 ) Accounts receivable, net $ 221,228 $ 241,832

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2019
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): September 30, December 31, Raw material $ 92,468 $ 110,806 Work-in-process 53,218 55,543 Finished goods 206,185 229,386 $ 351,871 $ 395,735

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2019
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): September 30, December 31, Land and improvements $ 44,658 $ 43,562 Buildings and improvements 256,251 255,451 Machinery and equipment 592,450 592,932 Tools, dies and molds 110,302 109,537 Construction-in-process 19,839 18,867 1,023,500 1,020,349 Less accumulated depreciation (657,379 ) (635,477 ) $ 366,121 $ 384,872 Depreciation on property, plant and equipment for the nine months ended September 30, 2019 and 2018 , totaled $38.9 million and $40.7 million , respectively.

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2019
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) September 30, 2019 September 30, December 31, Amortizable intangible assets: Customer relationships 7.9 $ 12,151 $ 12,967 Patents, trademarks and other 7.8 11,224 11,356 Total at cost 23,375 24,323 Less accumulated amortization (13,407 ) (12,676 ) $ 9,968 $ 11,647
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The estimated aggregate amortization expense at September 30, 2019 , for each of the years (or other periods) set forth below was as follows (amounts in thousands): October 1 - December 31, 2019 $ 573 2020 2,029 2021 1,331 2022 955 2023 955 Thereafter 4,125 $ 9,968

WARRANTY (Tables)

WARRANTY (Tables)	9 Months Ended
	Sep. 30, 2019
Product Warranties Disclosures [Abstract]
Schedule of Product Warranty Liability [Table Text Block]	Changes in the warranty liability during the nine months ended September 30, 2019 and 2018, respectively, consisted of the following (amounts in thousands): 2019 2018 Warranty liability, January 1 $ 16,327 $ 18,612 Provision for warranty liabilities 3,599 5,522 Warranty payments made (4,969 ) (5,407 ) Warranty liability, September 30 $ 14,957 $ 18,727

REVOLVING CREDIT FACILITY AND_2

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2019
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): September 30, 2019 Principal Balance Unamortized Debt Issuance Net Carrying Amount 6.50% senior secured notes due 2023 $ 400,000 $ (4,259 ) $ 395,741 Titan Europe credit facilities 41,236 — 41,236 Revolving credit facility 59,000 — 59,000 Other debt 28,202 — 28,202 Capital leases 4,876 — 4,876 Total debt 533,314 (4,259 ) 529,055 Less amounts due within one year 64,228 — 64,228 Total long-term debt $ 469,086 $ (4,259 ) $ 464,827 December 31, 2018 Principal Balance Unamortized Debt Issuance Net Carrying Amount 6.50% senior secured notes due 2023 $ 400,000 $ (4,897 ) $ 395,103 Titan Europe credit facilities 35,115 — 35,115 Other debt 28,429 — 28,429 Capital leases 2,810 — 2,810 Total debt 466,354 (4,897 ) 461,457 Less amounts due within one year 51,885 — 51,885 Total long-term debt $ 414,469 $ (4,897 ) $ 409,572
Schedule of Maturities of Long-term Debt [Table Text Block]	Aggregate principal maturities of long-term debt at September 30, 2019 , for each of the years (or other periods) set forth below were as follows (amounts in thousands): October 1 - December 31, 2019 $ 43,914 2020 22,159 2021 2,810 2022 61,891 2023 401,593 Thereafter 947 $ 533,314

REDEEMABLE NONCONTROLLING INT_2

REDEEMABLE NONCONTROLLING INTEREST (Tables)	9 Months Ended
	Sep. 30, 2019
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest [Table Text Block]	The following is a reconciliation of redeemable noncontrolling interest as of September 30, 2019 and 2018 (amounts in thousands): 2019 2018 Balance at January 1 $ 119,813 $ 113,193 Reclassification as a result of Agreement regarding put option (49,883 ) — Payment of redeemable noncontrolling interest (46,722 ) — Loss attributable to redeemable noncontrolling interest (819 ) (1,106 ) Currency translation 683 (3,256 ) Redemption value adjustment 1,928 11,066 Balance at September 30 $ 25,000 $ 119,897

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lease, Cost [Table Text Block]	Balance Sheet Classification September 30, 2019 Operating lease ROU assets Operating lease assets $ 23,497 Operating lease current liabilities Other current liabilities $ 6,871 Operating lease long-term liabilities Other long-term liabilities 17,051 Total operating lease liabilities $ 23,922 Finance lease, gross Property, plant & equipment, net $ 6,897 Finance lease accumulated depreciation Property, plant & equipment, net (1,979 ) Finance lease, net $ 4,918 Finance lease current liabilities Other current liabilities $ 1,145 Finance lease long-term liabilities Long-term debt 3,731 Total finance lease liabilities $ 4,876
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating Leases Finance Leases October 1 - December 31, 2019 $ 3,255 $ 597 2020 7,669 1,318 2021 5,922 1,259 2022 4,297 1,171 2023 2,899 911 Thereafter 4,894 530 Total lease payments $ 28,936 $ 5,786 Less imputed interest 5,014 910 $ 23,922 $ 4,876 Weighted average remaining lease term (in years) 4.8 4.4
Finance Lease, Liability, Maturity [Table Text Block]	Operating Leases Finance Leases October 1 - December 31, 2019 $ 3,255 $ 597 2020 7,669 1,318 2021 5,922 1,259 2022 4,297 1,171 2023 2,899 911 Thereafter 4,894 530 Total lease payments $ 28,936 $ 5,786 Less imputed interest 5,014 910 $ 23,922 $ 4,876 Weighted average remaining lease term (in years) 4.8 4.4

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [Abstract]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	The components of net periodic pension cost consisted of the following for the periods set forth below (amounts in thousands): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Service cost $ 228 $ 169 $ 658 $ 447 Interest cost 1,075 1,056 3,304 3,237 Expected return on assets (1,186 ) (1,487 ) (3,563 ) (4,470 ) Amortization of unrecognized prior service cost 56 50 169 150 Amortization of net unrecognized loss 766 682 2,296 2,048 Net periodic pension cost $ 939 $ 470 $ 2,864 $ 1,412

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2019
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Schedule of Variable Interest Entities [Table Text Block]	The following table summarizes the carrying amount of the VIEs’ assets and liabilities included in the Company’s Condensed Consolidated Balance Sheets at September 30, 2019 , and December 31, 2018 (amounts in thousands): September 30, December 31, 2018 Cash and cash equivalents $ 2,878 $ 9,064 Inventory 620 12,987 Other current assets 2,778 38,533 Property, plant and equipment, net 1,363 28,057 Other long-term assets — 2,971 Total assets $ 7,639 $ 91,612 Current liabilities $ 1,190 $ 36,246 Other long-term liabilities 553 6,353 Total liabilities $ 1,743 $ 42,599 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 variable interests in certain VIEs that 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 related to purchases of materials. The maximum exposure to loss as reflected in the table below 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 Condensed Consolidated Balance Sheets related to Titan's interest in these non-consolidated VIEs and the Company's maximum exposure to loss related to non-consolidated VIEs as of the dates set forth below were as follows (amounts in thousands): September 30, December 31, 2018 Investments $ 5,044 $ 3,985 Other current assets — 1,200 Total VIE assets 5,044 5,185 Accounts payable 2,353 2,350 Maximum exposure to loss $ 7,397 $ 7,535

OTHER INCOME (Tables)

OTHER INCOME (Tables)	9 Months Ended
	Sep. 30, 2019
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 Nine months ended September 30, September 30, 2019 2018 2019 2018 Gain on Wheels India Limited share sale $ 4,695 $ — $ 4,695 $ — Equity investment income 445 1,016 2,294 3,199 Building rental income 362 381 1,096 1,369 Interest income 193 456 834 1,605 (Loss) gain on sale of assets (59 ) 246 708 423 Other (expense) income (377 ) 5,338 (1,303 ) 11,068 $ 5,259 $ 7,437 $ 8,324 $ 17,664

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per share (EPS) were as follows for the periods presented below (amounts in thousands, except per share data): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Net (loss) income attributable to Titan $ (19,144 ) $ 2,295 $ (23,590 ) $ 28,378 Redemption value adjustment (491 ) (4,045 ) (1,928 ) (11,066 ) Net (loss) income applicable to common shareholders $ (19,635 ) $ (1,750 ) $ (25,518 ) $ 17,312 Determination of shares: Weighted average shares outstanding (basic) 60,161 59,897 60,037 59,787 Effect of equity awards/trusts — — — 106 Weighted average shares outstanding (diluted) 60,161 59,897 60,037 59,893 Earnings per share: Basic and diluted (0.33 ) (0.03 ) (0.43 ) 0.29

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting Information [Line Items]
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	The table below presents information about certain operating results, separated by market segments, for each of the three and nine months ended September 30, 2019 and 2018 (amounts in thousands): Three months ended Nine months ended September 30, September 30, 2019 2018 2019 2018 Net sales Agricultural $ 156,625 $ 163,367 $ 512,639 $ 544,404 Earthmoving/construction 155,659 180,362 517,186 568,057 Consumer 33,621 40,990 117,051 126,544 $ 345,905 $ 384,719 $ 1,146,876 $ 1,239,005 Gross profit Agricultural $ 10,426 $ 19,921 $ 46,798 $ 77,153 Earthmoving/construction 12,935 17,819 50,806 64,541 Consumer 3,739 5,964 13,068 19,883 $ 27,100 $ 43,704 $ 110,672 $ 161,577 (Loss) income from operations Agricultural $ (1,230 ) $ 11,539 $ 17,062 $ 51,862 Earthmoving/construction (2,938 ) 6,056 8,293 27,584 Consumer (229 ) 3,225 3,120 10,822 Corporate & Unallocated (8,219 ) (15,997 ) (39,385 ) (47,099 ) (Loss) income from operations (12,616 ) 4,823 (10,910 ) 43,169 Interest expense (8,357 ) (7,596 ) (24,585 ) (22,786 ) Foreign exchange (loss) gain (2,266 ) 855 2,218 (7,187 ) Other income, net 5,259 7,437 8,324 17,664 (Loss) income before income taxes $ (17,980 ) $ 5,519 $ (24,953 ) $ 30,860
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	Assets by segment were as follows as of the dates set forth below (amounts in thousands): September 30, December 31, Total assets Agricultural $ 471,906 $ 464,828 Earthmoving/construction 502,030 543,927 Consumer 116,246 129,994 Corporate & Unallocated 99,420 112,507 $ 1,189,602 $ 1,251,256

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
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): September 30, 2019 December 31, 2018 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Derivative financial instruments asset $ — $ — $ — $ — $ 902 $ — $ 902 $ —

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss consisted of the following for the periods presented below (amounts in thousands): Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at July 1, 2019 $ (176,290 ) $ (31,706 ) $ (207,996 ) Currency translation adjustments (20,011 ) — (20,011 ) Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $79 — 590 590 Reclassification as a result of ownership change (6,203 ) — (6,203 ) Balance at September 30, 2019 $ (202,504 ) $ (31,116 ) $ (233,620 ) Currency Translation Adjustments Unrecognized Losses and Prior Service Cost Total Balance at January 1, 2019 $ (175,794 ) $ (27,777 ) $ (203,571 ) Currency translation adjustments (20,507 ) — (20,507 ) Defined benefit pension plan entries: Amortization of unrecognized losses and prior service cost, net of tax of $311 — 1,594 1,594 Reclassification as a result of ownership change (6,203 ) — (6,203 ) Reclassification from AOCI to retained earnings - adoption of ASU 2018-02 — (4,933 ) (4,933 ) Balance at September 30, 2019 $ (202,504 ) $ (31,116 ) $ (233,620 )

SUBSIDIARY GUARANTOR FINANCIA_2

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Income Statement [Table Text Block]	(Amounts in thousands) Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 141,133 $ 345,992 $ (141,220 ) $ 345,905 Cost of sales 107 134,169 325,749 (141,220 ) 318,805 Gross (loss) profit (107 ) 6,964 20,243 — 27,100 Selling, general and administrative expenses 1,513 12,094 21,347 — 34,954 Research and development expenses 276 678 1,355 — 2,309 Royalty expense 679 860 914 — 2,453 Loss from operations (2,575 ) (6,668 ) (3,373 ) — (12,616 ) Interest expense (7,350 ) (5 ) (1,002 ) — (8,357 ) Intercompany interest income (expense) 884 841 (1,725 ) — — Foreign exchange loss (47 ) (152 ) (2,067 ) — (2,266 ) Other income (expense) 427 (518 ) 5,350 — 5,259 Loss before income taxes (8,661 ) (6,502 ) (2,817 ) — (17,980 ) Provision for income taxes 635 126 1,303 — 2,064 Equity in earnings of subsidiaries (10,748 ) — (1,851 ) 12,599 — Net (loss) income (20,044 ) (6,628 ) (5,971 ) 12,599 (20,044 ) Net loss attributable to noncontrolling interests — — (900 ) — (900 ) Net (loss) income attributable to Titan $ (20,044 ) $ (6,628 ) $ (5,071 ) $ 12,599 $ (19,144 ) (Amounts in thousands) Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 142,040 $ 384,510 $ (141,831 ) $ 384,719 Cost of sales 150 128,270 354,426 (141,831 ) 341,015 Gross (loss) profit (150 ) 13,770 30,084 — 43,704 Selling, general and administrative expenses 317 14,017 19,375 — 33,709 Research and development expenses 332 936 1,323 — 2,591 Royalty expense 594 943 1,044 — 2,581 (Loss) income from operations (1,393 ) (2,126 ) 8,342 — 4,823 Interest expense (6,817 ) — (779 ) — (7,596 ) Intercompany interest income (expense) 634 839 (1,473 ) — — Foreign exchange (loss) gain — (57 ) 912 — 855 Other income (loss) 5,421 (116 ) 2,132 — 7,437 (Loss) income before income taxes (2,155 ) (1,460 ) 9,134 — 5,519 Provision for income taxes 423 614 1,804 — 2,841 Equity in earnings of subsidiaries 5,256 — (1,984 ) (3,272 ) — Net income (loss) 2,678 (2,074 ) 5,346 (3,272 ) 2,678 Net income attributable to noncontrolling interests — — 383 — 383 Net income (loss) attributable to Titan $ 2,678 $ (2,074 ) $ 4,963 $ (3,272 ) $ 2,295 (Amounts in thousands) Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 475,652 $ 1,147,568 $ (476,344 ) $ 1,146,876 Cost of sales 248 438,535 1,073,765 (476,344 ) 1,036,204 Gross (loss) profit (248 ) 37,117 73,803 — 110,672 Selling, general and administrative expenses 4,694 35,299 66,612 — 106,605 Research and development expenses 768 2,263 4,439 — 7,470 Royalty expense 1,743 3,005 2,759 — 7,507 Loss from operations (7,453 ) (3,450 ) (7 ) — (10,910 ) Interest expense (21,520 ) (5 ) (3,060 ) — (24,585 ) Intercompany interest income (expense) 2,158 2,731 (4,889 ) — — Foreign exchange (loss) gain (69 ) (156 ) 2,443 — 2,218 Other income (expense) 1,371 (1,596 ) 8,549 — 8,324 (Loss) income before income taxes (25,513 ) (2,476 ) 3,036 — (24,953 ) (Benefit) provision for income taxes (6,390 ) 410 6,741 — 761 Equity in earnings of subsidiaries (6,591 ) — (1,320 ) 7,911 — Net (loss) income (25,714 ) (2,886 ) (5,025 ) 7,911 (25,714 ) Net loss attributable to noncontrolling interests — — (2,124 ) — (2,124 ) Net (loss) income attributable to Titan $ (25,714 ) $ (2,886 ) $ (2,901 ) $ 7,911 $ (23,590 ) (Amounts in thousands) Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 479,557 $ 901,279 $ (141,831 ) $ 1,239,005 Cost of sales 396 410,008 808,855 (141,831 ) 1,077,428 Gross (loss) profit (396 ) 69,549 92,424 — 161,577 Selling, general and administrative expenses 3,191 46,276 52,841 — 102,308 Research and development expenses 825 2,905 4,492 — 8,222 Royalty expense 1,475 3,396 3,007 — 7,878 (Loss) income from operations (5,887 ) 16,972 32,084 — 43,169 Interest expense (20,456 ) — (2,330 ) — (22,786 ) Intercompany interest income (expense) 1,886 2,761 (4,647 ) — — Foreign exchange loss — (727 ) (6,460 ) — (7,187 ) Other income (expense) 12,051 (428 ) 6,041 — 17,664 (Loss) income before income taxes (12,406 ) 18,578 24,688 — 30,860 (Benefit) provision for income taxes (12,033 ) 7,918 7,853 — 3,738 Equity in earnings of subsidiaries 27,495 — (1,459 ) (26,036 ) — Net income (loss) 27,122 10,660 15,376 (26,036 ) 27,122 Net loss attributable to noncontrolling interests — — (1,256 ) — (1,256 ) Net income (loss) attributable to Titan $ 27,122 $ 10,660 $ 16,632 $ (26,036 ) $ 28,378
Condensed Statement of Comprehensive Income [Table Text Block]	(Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net (loss) income $ (20,044 ) $ (6,628 ) $ (5,971 ) $ 12,599 $ (20,044 ) Currency translation adjustment (20,324 ) — (20,324 ) 20,324 (20,324 ) Pension liability adjustments, net of tax 590 753 (163 ) (590 ) 590 Comprehensive (loss) income (39,778 ) (5,875 ) (26,458 ) 32,333 (39,778 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (1,213 ) — (1,213 ) Comprehensive (loss) income attributable to Titan $ (39,778 ) $ (5,875 ) $ (25,245 ) $ 32,333 $ (38,565 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 2,678 $ (2,074 ) $ 5,346 $ (3,272 ) $ 2,678 Currency translation adjustment (13,577 ) — (13,577 ) 13,577 (13,577 ) Pension liability adjustments, net of tax 733 646 87 (733 ) 733 Comprehensive (loss) income (10,166 ) (1,428 ) (8,144 ) 9,572 (10,166 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (811 ) — (811 ) Comprehensive (loss) income attributable to Titan $ (10,166 ) $ (1,428 ) $ (7,333 ) $ 9,572 $ (9,355 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net (loss) income $ (25,714 ) $ (2,886 ) $ (5,025 ) $ 7,911 $ (25,714 ) Currency translation adjustment (19,280 ) — (19,280 ) 19,280 (19,280 ) Pension liability adjustments, net of tax 1,594 2,256 (662 ) (1,594 ) 1,594 Comprehensive (loss) income (43,400 ) (630 ) (24,967 ) 25,597 (43,400 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (897 ) — (897 ) Comprehensive (loss) income attributable to Titan $ (43,400 ) $ (630 ) $ (24,070 ) $ 25,597 $ (42,503 ) (Amounts in thousands) Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net income (loss) $ 27,122 $ 10,660 $ 15,376 $ (26,036 ) $ 27,122 Currency translation adjustment (43,853 ) — (43,853 ) 43,853 (43,853 ) Pension liability adjustments, net of tax 2,306 1,938 368 (2,306 ) 2,306 Comprehensive (loss) income (14,425 ) 12,598 (28,109 ) 15,511 (14,425 ) Net comprehensive loss attributable to redeemable and noncontrolling interests — — (4,036 ) — (4,036 ) Comprehensive (loss) income attributable to Titan $ (14,425 ) $ 12,598 $ (24,073 ) $ 15,511 $ (10,389 )
Condensed Balance Sheet [Table Text Block]	(Amounts in thousands) Condensed Consolidating Balance Sheets September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 12,669 $ 7 $ 65,927 $ — $ 78,603 Accounts receivable, net (596 ) 71 221,753 — 221,228 Inventories — 49,910 301,961 — 351,871 Prepaid and other current assets 3,117 17,441 60,134 — 80,692 Total current assets 15,190 67,429 649,775 — 732,394 Property, plant and equipment, net 11,086 93,010 262,025 — 366,121 Investment in subsidiaries 760,072 — 64,300 (824,372 ) — Other assets 2,722 4,677 83,688 — 91,087 Total assets $ 789,070 $ 165,116 $ 1,059,788 $ (824,372 ) $ 1,189,602 Liabilities and Equity Short-term debt $ 505 $ 68 $ 63,655 $ — $ 64,228 Accounts payable 4,783 29,429 148,125 — 182,337 Other current liabilities 23,467 21,269 74,647 — 119,383 Total current liabilities 28,755 50,766 286,427 — 365,948 Long-term debt 456,156 219 8,452 — 464,827 Other long-term liabilities 5,204 19,082 61,365 — 85,651 Intercompany accounts 13,756 (411,185 ) 397,429 — — Redeemable noncontrolling interest — — 25,000 — 25,000 Titan shareholders' equity 285,199 506,234 277,170 (824,372 ) 244,231 Noncontrolling interests — — 3,945 — 3,945 Total liabilities and equity $ 789,070 $ 165,116 $ 1,059,788 $ (824,372 ) $ 1,189,602 (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
Condensed Cash Flow Statement [Table Text Block]	(Amounts in thousands) Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2019 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash provided by operating activities $ 2,683 $ 5,742 $ 22,787 $ 31,212 Cash flows from investing activities: Capital expenditures (21 ) (6,207 ) (20,026 ) (26,254 ) Payments related to redeemable noncontrolling interest (71,722 ) — — (71,722 ) Other, net — 181 1,173 1,354 Net cash used for investing activities (71,743 ) (6,026 ) (18,853 ) (96,622 ) Cash flows from financing activities: Proceeds from borrowings 73,000 287 50,866 124,153 Payment on debt (14,000 ) — (45,296 ) (59,296 ) Dividends paid (901 ) — — (901 ) Net cash provided by financing activities 58,099 287 5,570 63,956 Effect of exchange rate change on cash — — (1,628 ) (1,628 ) Net (decrease) increase in cash and cash equivalents (10,961 ) 3 7,876 (3,082 ) Cash and cash equivalents, beginning of period 23,630 4 58,051 81,685 Cash and cash equivalents, end of period $ 12,669 $ 7 $ 65,927 $ 78,603 (Amounts in thousands) Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2018 Titan Intl., Inc. (Parent) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated Net cash (used for) provided by operating activities $ (22,905 ) $ 3,827 $ (13,628 ) $ (32,706 ) Cash flows from investing activities: Capital expenditures (259 ) (3,836 ) (22,403 ) (26,498 ) Other, net 740 1 743 1,484 Net cash provided by (used for) investing activities 481 (3,835 ) (21,660 ) (25,014 ) Cash flows from financing activities: Proceeds from borrowings — — 48,108 48,108 Payment on debt — — (30,139 ) (30,139 ) Dividends paid (900 ) — — (900 ) Net cash (used for) provided by financing activities (900 ) — 17,969 17,069 Effect of exchange rate change on cash — — (6,120 ) (6,120 ) Net decrease in cash and cash equivalents (23,324 ) (8 ) (23,439 ) (46,771 ) Cash and cash equivalents, beginning of period 59,740 13 83,817 143,570 Cash and cash equivalents, end of period $ 36,416 $ 5 $ 60,378 $ 96,799

ACCOUNTING POLICIES (Details)

ACCOUNTING POLICIES (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-term Debt	$ 395,700				$ 395,700
Debt Instrument, Fair Value Disclosure	$ 319,400				$ 319,400
Common Stock, Dividends, Per Share, Declared	$ 0.005		$ 0.005		$ 0.015	$ 0.015
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification		$ (587)		$ 123
Senior Secured Notes 6.50 Percent [Member] [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.50%				6.50%
Long-term Debt	$ 400,000				$ 400,000		$ 400,000
New Accounting Pronouncement, Early Adoption, Effect [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification							$ 7,400
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification					600
Accounting Standards Update 2018-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification					$ 4,900

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable	$ 224,451	$ 245,236
Allowance for doubtful accounts	3,223	3,404
Accounts receivable, net	$ 221,228	$ 241,832

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw material	$ 92,468	$ 110,806
Work-in-process	53,218	55,543
Finished goods	206,185	229,386
Inventory, Gross	$ 351,871	$ 395,735

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,023,500		$ 1,020,349
Less accumulated depreciation	(657,379)		(635,477)
Property, Plant and Equipment, Net	366,121		384,872
Depreciation	38,900	$ 40,700
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	44,658		43,562
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	256,251		255,451
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	592,450		592,932
Tools, Dies and Molds [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	110,302		109,537
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 19,839		$ 18,867

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years 10 months 24 days
Finite-Lived Customer Relationships, Gross	$ 12,151		$ 12,967
Finite-Lived Intangible Asset, Useful Life	7 years 9 months 18 days
Finite-Lived Trademarks, Gross	$ 11,224		11,356
Finite-Lived Intangible Assets, Gross	23,375		24,323
Finite-Lived Intangible Assets, Accumulated Amortization	(13,407)		(12,676)
Intangible Assets, Net (Excluding Goodwill)	9,968		$ 11,647
Amortization of Intangible Assets	1,500	$ 1,800
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
October 1 - December 31, 2019	573
2020	2,029
2021	1,331
2022	955
2023	955
Thereafter	$ 4,125

WARRANTY (Details)

WARRANTY (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Product Warranty Liability [Line Items]
Warranty liability at January 1	$ 16,327	$ 18,612
Provision for warranty liabilities	3,599	5,522
Warranty payments made	(4,969)	(5,407)
Warranty liability at September 30	$ 14,957	$ 18,727

REVOLVING CREDIT FACILITY AND_3

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Instruments [Abstract]
6.50% senior secured notes due 2023	$ 395,700
Long-term Line of Credit, Noncurrent	59,000
Capital leases	4,876	$ 2,810
Long-term Debt and Lease Obligation, Including Current Maturities	529,055	461,457
Short-term debt	64,228	51,885
Long-term debt	464,827	409,572
Debt Instrument, Unamortized Discount	(4,259)	(4,897)
Debt Instrument, Unamortized Discount, Noncurrent	0	0
Debt Instrument, Unamortized Discount, Current	0	0
Debt Instrument, Unamortized Discount (Premium), Net	(4,259)	(4,897)
Maturities of Long-term Debt [Abstract]
October 1 - December 31, 2019	43,914
2020	22,159
2021	2,810
2022	61,891
2023	401,593
Thereafter	947
Line of Credit Facility, Maximum Borrowing Capacity	125,000
Letters of Credit Outstanding, Amount	10,300
Line of Credit Facility, Current Borrowing Capacity	$ 37,300
Senior Secured Notes 6.50 Percent [Member] [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.79%
Debt Instruments [Abstract]
6.50% senior secured notes due 2023	$ 400,000	400,000
Long-term Debt	395,741	395,103
Debt Instrument, Unamortized Discount	$ (4,259)	(4,897)
Maturities of Long-term Debt [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	6.50%
Titan Europe [Member]
Debt Instruments [Abstract]
Other Borrowings	$ 41,236	35,115
Debt Instrument, Unamortized Discount, Noncurrent	0	0
Other Debt Obligations [Member]
Debt Instruments [Abstract]
Other debt	28,202	28,429
Debt Instrument, Unamortized Discount, Noncurrent	0	0
Titan Brazil [Member]
Debt Instruments [Abstract]
Other debt	8,200
Voltyre-Prom [Member]
Debt Instruments [Abstract]
Other debt	19,600
Long-term Debt [Member]
Debt Instruments [Abstract]
Long-term Debt and Lease Obligation, Including Current Maturities	533,314	466,354
Long-term debt	$ 469,086	$ 414,469

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative, Gain (Loss) on Derivative, Net	$ 0	$ 0.1	$ 0.9	$ 0.2

REDEEMABLE NONCONTROLLING INT_3

REDEEMABLE NONCONTROLLING INTEREST (Details) - USD ($) $ in Thousands	Jul. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Oct. 03, 2019
Redeemable Noncontrolling Interest [Line Items]
Payment related to redeemable noncontrolling interest agreement	$ 30,700	$ 71,722	$ 16,000					$ 71,722	$ 0
Equity Method Investment, Ownership Percentage	64.30%	21.40%						21.40%
Balance at January 1				$ 119,813			$ 113,193	$ 119,813	113,193
Noncontrolling Interest, Period Increase (Decrease)						$ (149)		(49,883)	0
Payment of interest on redeemable noncontrolling interest			(16,000)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest		$ (220)	(265)	(334)	$ (645)	54	(515)	(819)	(1,106)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest		(66)	321	428	(1,049)	(2,555)	348	683	(3,256)
Redemption value adjustment		491	661	776	4,045	4,678	2,343	1,928	$ 11,066
Balance at September 30		25,000						25,000
AOCI Attributable to Parent [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Period Increase (Decrease)						(4,325)
Additional paid-in capital [Member]
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling Interest, Period Increase (Decrease)				9,437		(1,032)
Redemption value adjustment		$ (491)	$ (661)	$ (776)	$ (4,045)	$ (4,678)	$ (2,343)
One Equity Partners [Member]
Redeemable Noncontrolling Interest [Line Items]
Payment related to redeemable noncontrolling interest agreement								$ (46,722)
RDIF [Member]
Redeemable Noncontrolling Interest [Line Items]
Equity Method Investment, Ownership Percentage	35.70%
Subsequent Event [Member]
Redeemable Noncontrolling Interest [Line Items]
Equity Method Investment, Ownership Percentage										23.80%

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Operating Lease, Right-of-Use Asset	$ 23,497	$ 0
Operating Lease, Liability, Current	6,871
Operating Lease, Liability, Noncurrent	17,051
Operating Lease, Liability	23,922
Finance Lease, Gross	6,897
Finance Lease Accumulated Depreciation	1,979
Finance Lease, Right-of-Use Asset	4,918
Finance Lease, Liability, Current	1,145
Finance Lease, Liability, Noncurrent	3,731
Finance Lease, Liability	4,876
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
October 1 - December 31, 2019	3,255
2020	7,669
2021	5,922
2022	4,297
2023	2,899
Thereafter	4,894
Total lease payments	28,936
Less imputed interest	5,014
Finance Lease, Liability, Payment, Due [Abstract]
October 1 - December 31, 2019	597
2020	1,318
2021	1,259
2022	1,171
2023	911
Thereafter	530
Total lease payment	5,786
Lease imputed interest	$ 910
Operating Lease, Weighted Average Remaining Lease Term	4 years 9 months 18 days
Finance Lease, Weighted Average Remaining Lease Term	4 years 4 months 24 days
Operating Lease, Payments	$ 7,300
Finance Lease, Interest Payment on Liability	$ 200

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 1,800
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	$ 1,000		1,000
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	228	$ 169	658	$ 447
Interest cost	1,075	1,056	3,304	3,237
Expected return on assets	(1,186)	(1,487)	(3,563)	(4,470)
Amortization of unrecognized prior service cost	56	50	169	150
Amortization of net unrecognized loss	766	682	2,296	2,048
Net periodic pension cost	$ 939	$ 470	$ 2,864	$ 1,412

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Jul. 31, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent		64.30%
Cash and Cash Equivalents, at Carrying Value	$ 78,603			$ 81,685	$ 96,799	$ 143,570	$ 96,799	$ 143,570
Inventories	351,871			395,735
Property, Plant and Equipment, Net	366,121			384,872
Other Assets, Noncurrent	91,087			86,903
Total assets	1,189,602			1,251,256
Total current liabilities	365,948			375,068
Total liabilities	916,426			861,346
Accounts payable	182,337			212,129
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Cash and Cash Equivalents, at Carrying Value	2,878			9,064
Inventories	620			12,987
Other Assets, Current	2,778			38,533
Property, Plant and Equipment, Net	1,363			28,057
Other Assets, Noncurrent	0			2,971
Total assets	7,639			91,612
Total current liabilities	1,190			36,246
Liabilities, Noncurrent	553			6,353
Total liabilities	1,743			42,599
Variable Interest Entity, Not Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Other Assets, Current	0			1,200
Investments	5,044			3,985
Total VIE assets	5,044			5,185
Accounts payable	2,353			2,350
Maximum exposure to loss	$ 7,397			$ 7,535
Titan Tire Reclamation Corporation [Member]
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	50.00%
Titan National Australia Holdings [Member]
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	40.00%
Titan Tire Russia B.V. [Member]
Variable Interest Entity [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent			43.00%

ROYALTY EXPENSE (Details)

ROYALTY EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Other Income and Expenses [Abstract]
Royalty expense	$ 2,453	$ 2,581	$ 7,507	$ 7,878

OTHER INCOME (Details)

OTHER INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Other Income and Expenses [Abstract]
Gain (Loss) on Investments	$ 4,695	$ 0	$ 4,695	$ 0
Equity investment income	445	1,016	2,294	3,199
Building rental income	362	381	1,096	1,369
Interest income	193	456	834	1,605
Gain (Loss) on Disposition of Assets	(59)	246	708	423
Other (expense) income	(377)	5,338	(1,303)	11,068
Nonoperating Income (Expense)	$ 5,259	$ 7,437	$ 8,324	$ 17,664

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 2,064	$ 2,841	$ 761	$ 3,738
Effective Income Tax Rate, Continuing Operations	(11.00%)	51.00%	(3.00%)	12.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%		35.00%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net (loss) income attributable to Titan	$ (19,144)			$ 2,295			$ (23,590)	$ 28,378
Redemption value adjustment	(491)	$ (661)	$ (776)	(4,045)	$ (4,678)	$ (2,343)	(1,928)	(11,066)
Net income (loss) applicable to common shareholders	$ (19,635)			$ (1,750)			$ (25,518)	$ 17,312
Weighted Average Number of Shares Outstanding, Basic	60,161			59,897			60,037	59,787
Effect of equity awards/trusts	0			0			0	106
Weighted average shares outstanding (diluted)	60,161			59,897			60,037	59,893
Earnings Per Share, Basic and Diluted	$ (0.33)			$ (0.03)			$ (0.43)	$ 0.29

LITIGATION (Details)

LITIGATION (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies, Revision in Estimates	$ 1,050
Accrual for Environmental Loss Contingencies	6,500
Legal Appeal Bond	6,000
Judicial Ruling [Member]
Loss Contingencies [Line Items]
Loss Contingency Accrual	1,620
Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies, Revision in Estimates	$ 5,450

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 345,905	$ 384,719	$ 1,146,876	$ 1,239,005
Gross profit (loss)	27,100	43,704	110,672	161,577
Income (loss) from operations	(12,616)	4,823	(10,910)	43,169
Interest expense	(8,357)	(7,596)	(24,585)	(22,786)
Foreign Currency Transaction Gain (Loss), before Tax	(2,266)	855	2,218	(7,187)
Other income, net	5,259	7,437	8,324	17,664
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(17,980)	5,519	(24,953)	30,860
Assets	1,189,602		1,189,602		$ 1,251,256
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	345,905	384,719	1,146,876	1,239,005
Gross profit (loss)	27,100	43,704	110,672	161,577
Income (loss) from operations	(12,616)	4,823	(10,910)	43,169
Operating Segments [Member] | Agricultural [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	156,625	163,367	512,639	544,404
Gross profit (loss)	10,426	19,921	46,798	77,153
Income (loss) from operations	(1,230)	11,539	17,062	51,862
Assets	471,906		471,906		464,828
Operating Segments [Member] | Earthmoving/construction [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	155,659	180,362	517,186	568,057
Gross profit (loss)	12,935	17,819	50,806	64,541
Income (loss) from operations	(2,938)	6,056	8,293	27,584
Assets	502,030		502,030		543,927
Operating Segments [Member] | Consumer [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	33,621	40,990	117,051	126,544
Gross profit (loss)	3,739	5,964	13,068	19,883
Income (loss) from operations	(229)	3,225	3,120	10,822
Assets	116,246		116,246		129,994
Operating Segments [Member] | Unallocated Amount to Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations	(8,219)	$ (15,997)	(39,385)	$ (47,099)
Assets	$ 99,420		$ 99,420		$ 112,507

SEGMENT INFORMATION ASSETS (Det

SEGMENT INFORMATION ASSETS (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Assets	$ 1,189,602	$ 1,251,256
Operating Segments [Member] | Agricultural [Member]
Segment Reporting Information [Line Items]
Assets	471,906	464,828
Operating Segments [Member] | Earthmoving/construction [Member]
Segment Reporting Information [Line Items]
Assets	502,030	543,927
Operating Segments [Member] | Consumer [Member]
Segment Reporting Information [Line Items]
Assets	116,246	129,994
Operating Segments [Member] | Unallocated Amount to Segment [Member]
Segment Reporting Information [Line Items]
Assets	$ 99,420	$ 112,507

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	$ 0	$ 902
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	902
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	$ 0	$ 0

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	Jul. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Related Party Transaction [Line Items]
Related Party Transaction, Revenues from Transactions with Related Party		$ 300		$ 300	$ 900	$ 1,000
Related Party Transaction, Due from (to) Related Party		200			200		$ 200
Related Party Transaction, Expenses from Transactions with Related Party		$ 400		$ 400	$ 1,100	1,400
Equity Method Investment, Ownership Percentage	64.30%	21.40%			21.40%
Payment of interest on redeemable noncontrolling interest			$ (16,000)
Payment related to redeemable noncontrolling interest agreement	$ 30,700	$ 71,722	$ 16,000		$ 71,722	$ 0
Noncontrolling Interest, Ownership Percentage by Parent	64.30%
RDIF [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	35.70%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	35.70%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ (202,504)	$ (202,504)	$ (176,290)	$ (175,794)
Currency translation adjustments	(20,011)	(20,507)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax	(31,116)	(31,116)	(31,706)	(27,777)
Amortization of unrecognized losses and prior service cost, net of tax of $4	590	1,594
Reclassification of CTA from Redeemable Noncontrolling interest	(6,203)	(6,203)
Tax Cuts and Jobs Act, Reclassification from AOCI to Retained Earnings, Tax Effect		(4,933)
Accumulated other comprehensive loss	$ (233,620)	$ (233,620)	$ (207,996)	$ (203,571)

SUBSIDIARY GUARANTOR FINANCIA_3

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	Jul. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Income Statement [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax		$ 345,905			$ 384,719			$ 1,146,876	$ 1,239,005
Cost of sales		318,805			341,015			1,036,204	1,077,428
Gross profit (loss)		27,100			43,704			110,672	161,577
Selling, General and Administrative Expense		34,954			33,709			106,605	102,308
Research and Development Expense		2,309			2,591			7,470	8,222
Royalty expense		2,453			2,581			7,507	7,878
Income (loss) from operations		(12,616)			4,823			(10,910)	43,169
Interest expense		(8,357)			(7,596)			(24,585)	(22,786)
Intercompany Interest Expense Income		0			0			0	0
Foreign Currency Transaction Gain (Loss), before Tax		(2,266)			855			2,218	(7,187)
Other income (expense)		(5,259)			(7,437)			(8,324)	(17,664)
(Loss) income before income taxes		(17,980)			5,519			(24,953)	30,860
Provision for income taxes		2,064			2,841			761	3,738
Equity in Net Earnings (Loss) of Subsidiaries		0			0			0	0
Net income (loss)		(20,044)			2,678			(25,714)	27,122
Net (loss) income attributable to noncontrolling interests		(900)			383			(2,124)	(1,256)
Net income (loss) attributable to Titan		(19,144)			2,295			(23,590)	28,378
Comprehensive Income Statement [Abstract]
Net income (loss)		(20,044)			2,678			(25,714)	27,122
Currency translation adjustment		(20,324)			(13,577)			(19,280)	(43,853)
Pension liability adjustments, net of tax		590	$ 538	$ 466	733	$ 690	$ 883	1,594	2,306
Comprehensive income (loss)		(39,778)			(10,166)			(43,400)	(14,425)
Net comprehensive loss attributable to redeemable and noncontrolling interests		(1,213)			(811)			(897)	(4,036)
Comprehensive income (loss) attributable to Titan		(38,565)			(9,355)			(42,503)	(10,389)
Statement of Financial Position [Abstract]
Cash and cash equivalents		78,603			96,799			78,603	96,799	$ 81,685	$ 143,570	$ 96,799	$ 143,570
Accounts Receivable, after Allowance for Credit Loss, Current		221,228						221,228		241,832
Inventory, Net		351,871						351,871		395,735
Prepaid Expense and Other Assets, Current		80,692						80,692		60,229
Total current assets		732,394						732,394		779,481
Property, Plant and Equipment, Net		366,121						366,121		384,872
Equity Method Investments		0						0		0
Other Assets, Noncurrent		91,087						91,087		86,903
Total assets		1,189,602						1,189,602		1,251,256
Short-term debt		64,228						64,228		51,885
Accounts payable		182,337						182,337		212,129
Other current liabilities		119,383						119,383		111,054
Total current liabilities		365,948						365,948		375,068
Long-term debt		464,827						464,827		409,572
Liabilities, Other than Long-term Debt, Noncurrent		85,651						85,651		76,706
Intercompany Accounts, Net		0						0		0
Redeemable noncontrolling interest		25,000						25,000		119,813	113,193	119,897
Stockholders' Equity Attributable to Parent		244,231						244,231		279,048
Stockholders' Equity Attributable to Noncontrolling Interest		3,945						3,945		(8,951)
Total liabilities and equity		1,189,602						1,189,602		1,251,256
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities								31,212	(32,706)
Capital expenditures								(26,254)	(26,498)
Payment related to redeemable noncontrolling interest agreement	$ (30,700)	(71,722)	$ (16,000)					(71,722)	0
Payments for (Proceeds from) Other Investing Activities								1,354	1,484
Net cash provided by (used for) investing activities								(96,622)	(25,014)
Proceeds from borrowings								124,153	48,108
Repayments of Other Debt								(59,296)	(30,139)
Payments of Dividends, Common Stock								(901)	(900)
Net cash provided by (used for) financing activities								63,956	17,069
Effect of Exchange Rate on Cash and Cash Equivalents								(1,628)	(6,120)
Cash and Cash Equivalents, Period Increase (Decrease)								(3,082)	(46,771)
Cash and cash equivalents		78,603			96,799			78,603	96,799	81,685	143,570	$ 96,799	$ 143,570
Parent Company [Member]
Income Statement [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax		0			0			0	0
Cost of sales		107			150			248	396
Gross profit (loss)		(107)			(150)			(248)	(396)
Selling, General and Administrative Expense		1,513			317			4,694	3,191
Research and Development Expense		276			332			768	825
Royalty expense		679			594			1,743	1,475
Income (loss) from operations		(2,575)			(1,393)			(7,453)	(5,887)
Interest expense		(7,350)			(6,817)			(21,520)	(20,456)
Intercompany Interest Expense Income		884			634			2,158	1,886
Foreign Currency Transaction Gain (Loss), before Tax		(47)			0			(69)	0
Other income (expense)		(427)			(5,421)			(1,371)	(12,051)
(Loss) income before income taxes		(8,661)			(2,155)			(25,513)	(12,406)
Provision for income taxes		635			423			(6,390)	(12,033)
Equity in Net Earnings (Loss) of Subsidiaries		(10,748)			5,256			(6,591)	27,495
Net income (loss)		(20,044)			2,678			(25,714)	27,122
Net (loss) income attributable to noncontrolling interests		0			0			0	0
Net income (loss) attributable to Titan		(20,044)			2,678			(25,714)	27,122
Comprehensive Income Statement [Abstract]
Net income (loss)		(20,044)			2,678			(25,714)	27,122
Currency translation adjustment		(20,324)			(13,577)			(19,280)	(43,853)
Pension liability adjustments, net of tax		590			733			1,594	2,306
Comprehensive income (loss)		(39,778)			(10,166)			(43,400)	(14,425)
Net comprehensive loss attributable to redeemable and noncontrolling interests		0			0			0	0
Comprehensive income (loss) attributable to Titan		(39,778)			(10,166)			(43,400)	(14,425)
Statement of Financial Position [Abstract]
Cash and cash equivalents		12,669			36,416			12,669	36,416	23,630	59,740
Accounts Receivable, after Allowance for Credit Loss, Current		596						596		0
Inventory, Net		0						0		0
Prepaid Expense and Other Assets, Current		3,117						3,117		3,853
Total current assets		15,190						15,190		27,483
Property, Plant and Equipment, Net		11,086						11,086		12,493
Equity Method Investments		760,072						760,072		749,645
Other Assets, Noncurrent		2,722						2,722		6,268
Total assets		789,070						789,070		795,889
Short-term debt		505						505		419
Accounts payable		4,783						4,783		1,447
Other current liabilities		23,467						23,467		22,065
Total current liabilities		28,755						28,755		23,931
Long-term debt		456,156						456,156		396,700
Liabilities, Other than Long-term Debt, Noncurrent		5,204						5,204		9,268
Intercompany Accounts, Net		13,756						13,756		77,363
Redeemable noncontrolling interest		0						0		0
Stockholders' Equity Attributable to Parent		285,199						285,199		288,627
Stockholders' Equity Attributable to Noncontrolling Interest		0						0		0
Total liabilities and equity		789,070						789,070		795,889
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities								2,683	(22,905)
Capital expenditures								(21)	(259)
Payment related to redeemable noncontrolling interest agreement		(71,722)
Payments for (Proceeds from) Other Investing Activities								0	740
Net cash provided by (used for) investing activities								(71,743)	481
Proceeds from borrowings								(73,000)	0
Repayments of Other Debt								(14,000)	0
Payments of Dividends, Common Stock								(901)	(900)
Net cash provided by (used for) financing activities								58,099	(900)
Effect of Exchange Rate on Cash and Cash Equivalents								0	0
Cash and Cash Equivalents, Period Increase (Decrease)								(10,961)	(23,324)
Cash and cash equivalents		12,669			36,416			12,669	36,416	23,630	59,740
Guarantor Subsidiaries [Member]
Income Statement [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax		141,133			142,040			475,652	479,557
Cost of sales		134,169			128,270			438,535	410,008
Gross profit (loss)		6,964			13,770			37,117	69,549
Selling, General and Administrative Expense		12,094			14,017			35,299	46,276
Research and Development Expense		678			936			2,263	2,905
Royalty expense		860			943			3,005	3,396
Income (loss) from operations		(6,668)			(2,126)			(3,450)	16,972
Interest expense		(5)			0			(5)	0
Intercompany Interest Expense Income		841			839			2,731	2,761
Foreign Currency Transaction Gain (Loss), before Tax		(152)			(57)			(156)	(727)
Other income (expense)		518			116			1,596	428
(Loss) income before income taxes		(6,502)			(1,460)			(2,476)	18,578
Provision for income taxes		126			614			410	7,918
Equity in Net Earnings (Loss) of Subsidiaries		0			0			0	0
Net income (loss)		(6,628)			(2,074)			(2,886)	10,660
Net (loss) income attributable to noncontrolling interests		0			0			0	0
Net income (loss) attributable to Titan		(6,628)			(2,074)			(2,886)	10,660
Comprehensive Income Statement [Abstract]
Net income (loss)		(6,628)			(2,074)			(2,886)	10,660
Currency translation adjustment		0			0			0	0
Pension liability adjustments, net of tax		753			646			2,256	1,938
Comprehensive income (loss)		(5,875)			(1,428)			(630)	12,598
Net comprehensive loss attributable to redeemable and noncontrolling interests		0			0			0	0
Comprehensive income (loss) attributable to Titan		(5,875)			(1,428)			(630)	12,598
Statement of Financial Position [Abstract]
Cash and cash equivalents		7			5			7	5	4	13
Accounts Receivable, after Allowance for Credit Loss, Current		71						71		0
Inventory, Net		49,910						49,910		68,858
Prepaid Expense and Other Assets, Current		17,441						17,441		18,845
Total current assets		67,429						67,429		87,707
Property, Plant and Equipment, Net		93,010						93,010		98,856
Equity Method Investments		0						0		0
Other Assets, Noncurrent		4,677						4,677		944
Total assets		165,116						165,116		187,507
Short-term debt		68						68		0
Accounts payable		29,429						29,429		29,922
Other current liabilities		21,269						21,269		20,051
Total current liabilities		50,766						50,766		49,973
Long-term debt		219						219		0
Liabilities, Other than Long-term Debt, Noncurrent		19,082						19,082		17,521
Intercompany Accounts, Net		(411,185)						(411,185)		(390,382)
Redeemable noncontrolling interest		0						0		0
Stockholders' Equity Attributable to Parent		506,234						506,234		510,395
Stockholders' Equity Attributable to Noncontrolling Interest		0						0		0
Total liabilities and equity		165,116						165,116		187,507
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities								5,742	3,827
Capital expenditures								(6,207)	(3,836)
Payment related to redeemable noncontrolling interest agreement		0
Payments for (Proceeds from) Other Investing Activities								181	1
Net cash provided by (used for) investing activities								(6,026)	(3,835)
Proceeds from borrowings								(287)	0
Repayments of Other Debt								0	0
Payments of Dividends, Common Stock								0	0
Net cash provided by (used for) financing activities								287	0
Effect of Exchange Rate on Cash and Cash Equivalents								0	0
Cash and Cash Equivalents, Period Increase (Decrease)								3	(8)
Cash and cash equivalents		7			5			7	5	4	13
Non-Guarantor Subsidiaries [Member]
Income Statement [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax		345,992			384,510			1,147,568	901,279
Cost of sales		325,749			354,426			1,073,765	808,855
Gross profit (loss)		20,243			30,084			73,803	92,424
Selling, General and Administrative Expense		21,347			19,375			66,612	52,841
Research and Development Expense		1,355			1,323			4,439	4,492
Royalty expense		914			1,044			2,759	3,007
Income (loss) from operations		(3,373)			8,342			(7)	32,084
Interest expense		(1,002)			(779)			(3,060)	(2,330)
Intercompany Interest Expense Income		(1,725)			(1,473)			(4,889)	(4,647)
Foreign Currency Transaction Gain (Loss), before Tax		(2,067)			912			2,443	(6,460)
Other income (expense)		(5,350)			(2,132)			(8,549)	(6,041)
(Loss) income before income taxes		(2,817)			9,134			3,036	24,688
Provision for income taxes		1,303			1,804			6,741	7,853
Equity in Net Earnings (Loss) of Subsidiaries		(1,851)			(1,984)			(1,320)	(1,459)
Net income (loss)		(5,971)			5,346			(5,025)	15,376
Net (loss) income attributable to noncontrolling interests		(900)			383			(2,124)	(1,256)
Net income (loss) attributable to Titan		(5,071)			4,963			(2,901)	16,632
Comprehensive Income Statement [Abstract]
Net income (loss)		(5,971)			5,346			(5,025)	15,376
Currency translation adjustment		(20,324)			(13,577)			(19,280)	(43,853)
Pension liability adjustments, net of tax		(163)			87			(662)	368
Comprehensive income (loss)		(26,458)			(8,144)			(24,967)	(28,109)
Net comprehensive loss attributable to redeemable and noncontrolling interests		(1,213)			(811)			(897)	(4,036)
Comprehensive income (loss) attributable to Titan		(25,245)			(7,333)			(24,070)	(24,073)
Statement of Financial Position [Abstract]
Cash and cash equivalents		65,927			60,378			65,927	60,378	58,051	83,817
Accounts Receivable, after Allowance for Credit Loss, Current		221,753						221,753		241,832
Inventory, Net		301,961						301,961		326,877
Prepaid Expense and Other Assets, Current		60,134						60,134		37,531
Total current assets		649,775						649,775		664,291
Property, Plant and Equipment, Net		262,025						262,025		273,523
Equity Method Investments		64,300						64,300		66,308
Other Assets, Noncurrent		83,688						83,688		79,691
Total assets		1,059,788						1,059,788		1,083,813
Short-term debt		63,655						63,655		51,466
Accounts payable		148,125						148,125		180,760
Other current liabilities		74,647						74,647		68,938
Total current liabilities		286,427						286,427		301,164
Long-term debt		8,452						8,452		12,872
Liabilities, Other than Long-term Debt, Noncurrent		61,365						61,365		49,917
Intercompany Accounts, Net		397,429						397,429		313,019
Redeemable noncontrolling interest		25,000						25,000		119,813
Stockholders' Equity Attributable to Parent		277,170						277,170		295,979
Stockholders' Equity Attributable to Noncontrolling Interest		3,945						3,945		(8,951)
Total liabilities and equity		1,059,788						1,059,788		1,083,813
Statement of Cash Flows [Abstract]
Net cash provided by (used for) operating activities								22,787	(13,628)
Capital expenditures								(20,026)	(22,403)
Payment related to redeemable noncontrolling interest agreement		0
Payments for (Proceeds from) Other Investing Activities								1,173	743
Net cash provided by (used for) investing activities								(18,853)	(21,660)
Proceeds from borrowings								50,866	48,108
Repayments of Other Debt								(45,296)	(30,139)
Payments of Dividends, Common Stock								0	0
Net cash provided by (used for) financing activities								5,570	17,969
Effect of Exchange Rate on Cash and Cash Equivalents								(1,628)	(6,120)
Cash and Cash Equivalents, Period Increase (Decrease)								7,876	(23,439)
Cash and cash equivalents		65,927			60,378			65,927	60,378	58,051	$ 83,817
Consolidation, Eliminations [Member]
Income Statement [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax		(141,220)			(141,831)			(476,344)	(141,831)
Cost of sales		(141,220)			(141,831)			(476,344)	(141,831)
Gross profit (loss)		0			0			0	0
Selling, General and Administrative Expense		0			0			0	0
Research and Development Expense		0			0			0	0
Royalty expense		0			0			0	0
Income (loss) from operations		0			0			0	0
Interest expense		0			0			0	0
Intercompany Interest Expense Income		0			0			0	0
Foreign Currency Transaction Gain (Loss), before Tax		0			0			0	0
Other income (expense)		0			0			0	0
(Loss) income before income taxes		0			0			0	0
Provision for income taxes		0			0			0	0
Equity in Net Earnings (Loss) of Subsidiaries		12,599			(3,272)			7,911	(26,036)
Net income (loss)		12,599			(3,272)			7,911	(26,036)
Net (loss) income attributable to noncontrolling interests		0			0			0	0
Net income (loss) attributable to Titan		12,599			(3,272)			7,911	(26,036)
Comprehensive Income Statement [Abstract]
Net income (loss)		12,599			(3,272)			7,911	(26,036)
Currency translation adjustment		20,324			13,577			19,280	43,853
Pension liability adjustments, net of tax		(590)			(733)			(1,594)	(2,306)
Comprehensive income (loss)		32,333			9,572			25,597	15,511
Net comprehensive loss attributable to redeemable and noncontrolling interests		0			0			0	0
Comprehensive income (loss) attributable to Titan		32,333			$ 9,572			25,597	$ 15,511
Statement of Financial Position [Abstract]
Cash and cash equivalents		0						0		0
Accounts Receivable, after Allowance for Credit Loss, Current		0						0		0
Inventory, Net		0						0		0
Prepaid Expense and Other Assets, Current		0						0		0
Total current assets		0						0		0
Property, Plant and Equipment, Net		0						0		0
Equity Method Investments		(824,372)						(824,372)		(815,953)
Other Assets, Noncurrent		0						0		0
Total assets		(824,372)						(824,372)		(815,953)
Short-term debt		0						0		0
Accounts payable		0						0		0
Other current liabilities		0						0		0
Total current liabilities		0						0		0
Long-term debt		0						0		0
Liabilities, Other than Long-term Debt, Noncurrent		0						0		0
Intercompany Accounts, Net		0						0		0
Redeemable noncontrolling interest		0						0		0
Stockholders' Equity Attributable to Parent		(824,372)						(824,372)		(815,953)
Stockholders' Equity Attributable to Noncontrolling Interest		0						0		0
Total liabilities and equity		(824,372)						(824,372)		(815,953)
Statement of Cash Flows [Abstract]
Cash and cash equivalents		$ 0						$ 0		$ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ in Thousands	Oct. 03, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jul. 31, 2019
Subsequent Event [Line Items]
Equity Method Investment, Ownership Percentage		21.40%		21.40%		64.30%
Gain (Loss) on Investments		$ 4,695	$ 0	$ 4,695	$ 0
Subsequent Event [Member]
Subsequent Event [Line Items]
Equity Method Investment, Ownership Percentage	23.80%
Proceeds from Sale of Long-term Investments	$ 19,000
Wheels India Limited [Member]
Subsequent Event [Line Items]
Equity Method Investment, Ownership Percentage		34.20%		34.20%