Selected Quarterly Data (Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Data

SELECTED QUARTERLY DATA	(Unaudited)
(Dollar amounts in thousands except per share amounts.)

	2017
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Net sales	$	643,025		$	720,753		$	733,843		$	757,035
Gross profit	109,918			130,840			164,727			110,994
Net income (loss) attributable to Cooper Tire & Rubber Company	30,561			45,310			61,687			(42,158		)
Earnings (loss) per share:
Basic	0.58			0.86			1.19			(0.82		)
Diluted	0.57			0.85			1.18			(0.82		)
Net sales:
Americas Tire	$	531,360		$	615,356		$	625,423		$	644,639
International Tire	141,964			151,370			163,345			162,189
Eliminations	(30,299		)	(45,973		)	(54,925		)	(49,793		)
Consolidated net sales	$	643,025		$	720,753		$	733,843		$	757,035
Operating profit (loss):
Americas Tire	$	63,193		$	83,293		$	117,465		$	60,742
International Tire	1,653			1,274			591			5,938
Unallocated corporate charges	(15,824		)	(9,561		)	(15,792		)	(19,422		)
Eliminations	(352		)	(174		)	(887		)	(414		)
Consolidated operating profit	48,670			74,832			101,377			46,844
Interest expense	(7,827		)	(8,210		)	(7,591		)	(8,419		)
Interest income	1,802			1,755			1,776			2,029
Other non-operating (expense) income	(235		)	(255		)	(978		)	(1,645		)
Income before income taxes	$	42,410		$	68,122		$	94,584		$	38,809
Net income (loss)	$	29,381		$	45,824		$	62,660		$	(41,120	)
Net income (loss) attributable to Cooper Tire & Rubber Company	$	30,561		$	45,310		$	61,687		$	(42,158	)

(a) Basic and diluted earnings (loss) 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.

	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
Earnings per share:
Basic	1.06			1.29			0.91			1.30
Diluted	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	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.