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Selected Quarterly Data
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data
SELECTED QUARTERLY DATA
  
(Unaudited)
(Dollar amounts in thousands except per share amounts.)
  
 
 
 
2016
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
 
$
649,775

 
$
740,294

 
$
750,913

 
$
783,887

Gross profit
 
150,429

 
179,669

 
152,952

 
169,300

Net income attributable to Cooper Tire & Rubber Company
 
59,005

 
70,749

 
49,303

 
69,324

Basic earnings per share attributable to Cooper Tire & Rubber Company common stockholders (a)
 
1.06

 
1.29

 
0.91

 
1.30

Diluted earnings per share attributable to Cooper Tire & Rubber Company common stockholders (a)
 
1.05

 
1.27

 
0.90

 
1.28

Net sales:
 
 
 
 
 
 
 
 
Americas Tire
 
$
579,338

 
$
654,721

 
$
672,641

 
$
693,624

International Tire
 
103,226

 
123,678

 
112,789

 
124,310

Eliminations
 
(32,789
)
 
(38,105
)
 
(34,517
)
 
(34,047
)
Consolidated net sales
 
$
649,775

 
$
740,294

 
$
750,913

 
$
783,887

Operating profit (loss):
 
 
 
 
 
 
 
 
Americas Tire
 
$
106,052

 
$
116,093

 
$
101,522

 
$
116,273

International Tire
 
(1,772
)
 
3,152

 
3,265

 
1,353

Unallocated corporate charges
 
(13,019
)
 
(8,730
)
 
(26,442
)
 
(12,118
)
Eliminations
 
(157
)
 
(599
)
 
(117
)
 
(370
)
Consolidated operating profit
 
91,104

 
109,916

 
78,228

 
105,138

Interest expense
 
(6,636
)
 
(6,286
)
 
(6,795
)
 
(6,887
)
Interest income
 
940

 
948

 
1,018

 
1,471

Other non-operating income (expense)
 
1,462

 
1,427

 
1,785

 
260

Income before income taxes
 
$
86,870

 
$
106,005

 
$
74,236

 
$
99,982

Net income
 
$
58,772

 
$
71,351

 
$
50,479

 
$
70,692

Net income attributable to Cooper Tire & Rubber Company
 
$
59,005

 
$
70,749

 
$
49,303

 
$
69,324

 
(a)
Basic and diluted earnings per share are computed independently for each quarter presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.
 
 
2015
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
 
$
663,206

 
$
751,781

 
$
782,368

 
$
775,546

Gross profit
 
131,954

 
159,692

 
153,954

 
171,850

Net income attributable to Cooper Tire & Rubber Company
 
40,762

 
59,582

 
53,176

 
59,246

Basic earnings per share attributable to Cooper Tire & Rubber Company common stockholders (a)
 
0.70

 
1.04

 
0.94

 
1.06

Diluted earnings per share attributable to Cooper Tire & Rubber Company common stockholders (a)
 
0.69

 
1.03

 
0.93

 
1.04

Net sales:
 
 
 
 
 
 
 
 
Americas Tire
 
$
598,518

 
$
673,016

 
$
702,460

 
$
710,760

International Tire
 
107,098

 
124,851

 
118,903

 
101,027

Eliminations
 
(42,410
)
 
(46,086
)
 
(38,995
)
 
(36,241
)
Consolidated net sales
 
$
663,206

 
$
751,781

 
$
782,368

 
$
775,546

Operating profit (loss):
 
 
 
 
 
 
 
 
Americas Tire
 
$
89,999

 
$
108,566

 
$
102,475

 
$
121,889

International Tire
 
(2,792
)
 
(3,633
)
 
(5,329
)
 
(7,379
)
Unallocated corporate charges
 
(18,886
)
 
(5,782
)
 
(15,416
)
 
(12,258
)
Eliminations
 
2,033

 
277

 
437

 
279

Consolidated operating profit
 
70,354

 
99,428

 
82,167

 
102,531

Interest expense
 
(6,356
)
 
(6,240
)
 
(5,889
)
 
(5,335
)
Interest income
 
562

 
514

 
533

 
602

Other non-operating income (expense)
 
79

 
1,592

 
1,362

 
(1,876
)
Income before income taxes
 
$
64,639

 
$
95,294

 
$
78,173

 
$
95,922

Net income
 
$
42,163

 
$
60,476

 
$
53,649

 
$
59,516

Net income attributable to Cooper Tire & Rubber Company
 
$
40,762

 
$
59,582

 
$
53,176

 
$
59,246

 
(a)
Basic and diluted earnings per share are computed independently for each quarter presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.