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Business Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Information on Operating Segments
The following table details information on the Company’s operating segments.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Net sales
 
 
 
 
 
 
 
Americas Tire
 
 
 
 
 
 
 
External customers
$
605,234

 
$
641,037

 
$
1,127,603

 
$
1,208,199

Intercompany
10,122

 
13,684

 
19,112

 
25,859

 
615,356

 
654,721

 
1,146,715

 
1,234,058

International Tire
 
 
 
 
 
 
 
External customers
115,519

 
99,257

 
236,175

 
181,870

Intercompany
35,851

 
24,421

 
57,160

 
45,035

 
151,370

 
123,678

 
293,335

 
226,905

Eliminations
(45,973
)
 
(38,105
)
 
(76,272
)
 
(70,894
)
Consolidated net sales
$
720,753

 
$
740,294

 
$
1,363,778

 
$
1,390,069

Operating profit (loss):
 
 
 
 
 
 
 
Americas Tire
$
83,293

 
$
116,093

 
$
146,486

 
$
222,146

International Tire
1,274

 
3,152

 
2,927

 
1,380

Unallocated corporate charges
(9,561
)
 
(8,730
)
 
(25,385
)
 
(21,749
)
Eliminations
(174
)
 
(599
)
 
(526
)
 
(757
)
Operating profit
74,832

 
109,916

 
123,502

 
201,020

Interest expense
(8,210
)
 
(6,286
)
 
(16,037
)
 
(12,921
)
Interest income
1,755

 
948

 
3,557

 
1,888

Other non-operating (expense) income
(255
)
 
1,427

 
(491
)
 
2,888

Income before income taxes
$
68,122

 
$
106,005

 
$
110,531

 
$
192,875