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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 733,843 $ 750,913 $ 2,097,621 $ 2,140,982
Cost of products sold 569,116 597,961 1,692,137 1,657,932
Gross profit 164,727 152,952 405,484 483,050
Selling, general and administrative expense 63,350 63,262 180,605 192,339
Pension settlement charge 0 11,462 0 11,462
Operating profit 101,377 78,228 224,879 279,249
Interest expense (7,591) (6,795) (23,629) (19,717)
Interest income 1,776 1,018 5,333 2,907
Other non-operating (expense) income (978) 1,785 (1,468) 4,672
Income before income taxes 94,584 74,236 205,115 267,111
Provision for income taxes 31,924 23,757 67,250 86,509
Net income 62,660 50,479 137,865 180,602
Net income attributable to noncontrolling shareholders' interests 973 1,176 307 1,545
Net income attributable to Cooper Tire & Rubber Company $ 61,687 $ 49,303 $ 137,558 $ 179,057
Earnings per share:        
Basic (in dollars per share) $ 1.19 $ 0.91 $ 2.62 $ 3.26
Diluted (in dollars per share) 1.18 0.90 2.59 3.23
Cash dividends declared per share (in dollars per share) $ 0.105 $ 0.105 $ 0.315 $ 0.315