SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) (Senior Secured Notes 6.875 Percent [Member])
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12 Months Ended |
Dec. 31, 2013
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Senior Secured Notes 6.875 Percent [Member]
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Condensed Financial Statements, Captions [Line Items] |
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Condensed Financial Information, Condensed Statement of Operations [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Operations Year Ended December 31, 2013 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net sales | $ | — |
| | $ | 1,139,366 |
| | $ | 1,024,229 |
| | $ | — |
| | $ | 2,163,595 |
| Cost of sales | 1,157 |
| | 936,022 |
| | 931,226 |
| | — |
| | 1,868,405 |
| Gross profit (loss) | (1,157 | ) | | 203,344 |
| | 93,003 |
| | — |
| | 295,190 |
| Selling, general and administrative expenses | 9,608 |
| | 73,196 |
| | 84,567 |
| | — |
| | 167,371 |
| Research and development expenses | (35 | ) | | 5,563 |
| | 5,637 |
| | — |
| | 11,165 |
| Royalty expense | — |
| | 7,327 |
| | 6,932 |
| | — |
| | 14,259 |
| Income (loss) from operations | (10,730 | ) | | 117,258 |
| | (4,133 | ) | | — |
| | 102,395 |
| Interest expense | (38,761 | ) | | — |
| | (8,359 | ) | | — |
| | (47,120 | ) | Convertible debt conversion charge | (7,273 | ) | | — |
| | — |
| | — |
| | (7,273 | ) | Loss on note repurchase | (22,734 | ) | | — |
| | — |
| | — |
| | (22,734 | ) | Gain on earthquake insurance | — |
| | — |
| | 22,451 |
| | — |
| | 22,451 |
| Intercompany interest income (expense) | 7,488 |
| | 2,024 |
| | (9,512 | ) | | — |
| | — |
| Other income (expense) | 4,189 |
| | (78 | ) | | 2,904 |
| | — |
| | 7,015 |
| Income (loss) before income taxes | (67,821 | ) | | 119,204 |
| | 3,351 |
| | — |
| | 54,734 |
| Provision (benefit) for income taxes | (26,770 | ) | | 42,528 |
| | 9,289 |
| | — |
| | 25,047 |
| Equity in earnings of subsidiaries | 70,738 |
| | — |
| | 43,605 |
| | (114,343 | ) | | — |
| Net income (loss) | 29,687 |
| | 76,676 |
| | 37,667 |
| | (114,343 | ) | | 29,687 |
| Net loss noncontrolling interests | — |
| | — |
| | (5,518 | ) | | — |
| | (5,518 | ) | Net income (loss) attributable to Titan | $ | 29,687 |
| | $ | 76,676 |
| | $ | 43,185 |
| | $ | (114,343 | ) | | $ | 35,205 |
|
| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Operations Year Ended December 31, 2012 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net sales | $ | — |
| | $ | 1,325,145 |
| | $ | 495,533 |
| | $ | — |
| | $ | 1,820,678 |
| Cost of sales | 1,065 |
| | 1,051,447 |
| | 474,027 |
| | — |
| | 1,526,539 |
| Gross profit (loss) | (1,065 | ) | | 273,698 |
| | 21,506 |
| | — |
| | 294,139 |
| Selling, general and administrative expenses | 9,993 |
| | 87,481 |
| | 28,683 |
| | — |
| | 126,157 |
| Research and development expenses | 381 |
| | 5,741 |
| | 1,026 |
| | — |
| | 7,148 |
| Royalty expense | — |
| | 7,029 |
| | 5,231 |
| | — |
| | 12,260 |
| Supply agreement termination income | — |
| | — |
| | (26,134 | ) | | — |
| | (26,134 | ) | Income (loss) from operations | (11,439 | ) | | 173,447 |
| | 12,700 |
| | — |
| | 174,708 |
| Interest expense | (24,066 | ) | | — |
| | (3,592 | ) | | — |
| | (27,658 | ) | Noncash Titan Europe gain | 26,700 |
| | — |
| | — |
| | — |
| | 26,700 |
| Gain on acquisition | 11,678 |
| | — |
| | — |
| | — |
| | 11,678 |
| Intercompany interest income (expense) | 285 |
| | 2,051 |
| | (2,336 | ) | | — |
| | — |
| Other income (expense) | 4,847 |
| | (716 | ) | | 2,692 |
| | — |
| | 6,823 |
| Income (loss) before income taxes | 8,005 |
| | 174,782 |
| | 9,464 |
| | — |
| | 192,251 |
| Provision (benefit) for income taxes | 19,327 |
| | 60,488 |
| | 6,798 |
| | — |
| | 86,613 |
| Equity in earnings of subsidiaries | 116,960 |
| | — |
| | 77,748 |
| | (194,708 | ) | | — |
| Net income (loss) | $ | 105,638 |
| | $ | 114,294 |
| | $ | 80,414 |
| | $ | (194,708 | ) | | $ | 105,638 |
| Net loss noncontrolling interests | — |
| | — |
| | — |
| | (1,593 | ) | | (1,593 | ) | Net income (loss) attributable to Titan | $ | 105,638 |
| | $ | 114,294 |
| | $ | 80,414 |
| | $ | (193,115 | ) | | $ | 107,231 |
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| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Operations Year Ended December 31, 2011 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net sales | $ | — |
| | $ | 1,172,869 |
| | $ | 314,129 |
| | $ | — |
| | $ | 1,486,998 |
| Cost of sales | 1,276 |
| | 961,659 |
| | 291,955 |
| | — |
| | 1,254,890 |
| Gross profit (loss) | (1,276 | ) | | 211,210 |
| | 22,174 |
| | — |
| | 232,108 |
| Selling, general and administrative expenses | 30,936 |
| | 10,291 |
| | 44,690 |
| | — |
| | 85,917 |
| Research and development expenses | 87 |
| | 4,134 |
| | 7 |
| | — |
| | 4,228 |
| Royalty expense | — |
| | 7,997 |
| | 1,793 |
| | — |
| | 9,790 |
| Income (loss) from operations | (32,299 | ) | | 188,788 |
| | (24,316 | ) | | — |
| | 132,173 |
| Interest expense | (24,489 | ) | | — |
| | (770 | ) | | — |
| | (25,259 | ) | Convertible debt conversion charge | (16,135 | ) | | — |
| | — |
| | — |
| | (16,135 | ) | Gain on acquisition | 285 |
| | — |
| | — |
| | — |
| | 285 |
| Other income (expense) | 5,171 |
| | (511 | ) | | 171 |
| | — |
| | 4,831 |
| Income (loss) before income taxes | (67,467 | ) | | 188,277 |
| | (24,915 | ) | | — |
| | 95,895 |
| Provision (benefit) for income taxes | (17,294 | ) | | 63,450 |
| | (8,397 | ) | | — |
| | 37,759 |
| Equity in earnings of subsidiaries | 108,309 |
| | — |
| | — |
| | (108,309 | ) | | — |
| Net income (loss) | $ | 58,136 |
| | $ | 124,827 |
| | $ | (16,518 | ) | | $ | (108,309 | ) | | $ | 58,136 |
| Net loss noncontrolling interests | — |
| | — |
| | — |
| | (16 | ) | | (16 | ) | Net income (loss) attributable to Titan | $ | 58,136 |
| | $ | 124,827 |
| | $ | (16,518 | ) | | $ | (108,293 | ) | | $ | 58,152 |
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Condensed Financial Information, Condensed Statement of Comprehensive Income [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Year Ended December 31, 2013 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income (loss) | $ | 29,687 |
| | $ | 76,676 |
| | $ | 37,667 |
| | $ | (114,343 | ) | | $ | 29,687 |
| Unrealized gain (loss) on investments, net of tax | (3 | ) | | — |
| | (3 | ) | | 3 |
| | (3 | ) | Currency translation adjustment, net | (24,287 | ) | | — |
| | (24,287 | ) | | 24,287 |
| | (24,287 | ) | Pension liability adjustments, net of tax | 14,749 |
| | 11,472 |
| | 3,277 |
| | (14,749 | ) | | 14,749 |
| Comprehensive income (loss) | 20,146 |
| | 88,148 |
| | 16,654 |
| | (104,802 | ) | | 20,146 |
| Net comprehensive loss attributable to noncontrolling interests | — |
| | — |
| | (9,734 | ) | | — |
| | (9,734 | ) | Comprehensive income (loss) attributable to Titan | $ | 20,146 |
| | $ | 88,148 |
| | $ | 26,388 |
| | $ | (104,802 | ) | | $ | 29,880 |
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| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Year Ended December 31, 2012 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income (loss) | $ | 105,638 |
| | $ | 114,294 |
| | $ | 80,414 |
| | $ | (194,708 | ) | | $ | 105,638 |
| Unrealized gain (loss) on investments, net of tax | 1,733 |
| | — |
| | 1,733 |
| | (1,733 | ) | | 1,733 |
| Noncash Titan Europe gain, net of tax | (17,208 | ) | | — |
| | (17,208 | ) | | 17,208 |
| | (17,208 | ) | Currency translation adjustment, net | (7,191 | ) | | — |
| | (7,191 | ) | | 7,191 |
| | (7,191 | ) | Pension liability adjustments, net of tax | (642 | ) | | 954 |
| | (1,596 | ) | | 642 |
| | (642 | ) | Comprehensive income (loss) | 82,330 |
| | 115,248 |
| | 56,152 |
| | (171,400 | ) | | 82,330 |
| Net comprehensive loss attributable to noncontrolling interests | — |
| | — |
| | — |
| | (2,007 | ) | | (2,007 | ) | Comprehensive income (loss) attributable to Titan | $ | 82,330 |
| | $ | 115,248 |
| | $ | 56,152 |
| | $ | (169,393 | ) | | $ | 84,337 |
|
| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Comprehensive Income For the Year Ended December 31, 2011 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income (loss) | $ | 58,136 |
| | $ | 124,827 |
| | $ | (16,518 | ) | | $ | (108,309 | ) | | $ | 58,136 |
| Unrealized gain (loss) on investments, net of tax | 4,009 |
| | — |
| | 4,009 |
| | (4,009 | ) | | 4,009 |
| Currency translation adjustment, net | (12,833 | ) | | — |
| | (12,833 | ) | | 12,833 |
| | (12,833 | ) | Pension liability adjustments, net of tax | (7,709 | ) | | (6,762 | ) | | (947 | ) | | 7,709 |
| | (7,709 | ) | Comprehensive income (loss) | 41,603 |
| | 118,065 |
| | (26,289 | ) | | (91,776 | ) | | 41,603 |
| Net comprehensive loss attributable to noncontrolling interests | — |
| | — |
| | — |
| | (16 | ) | | (16 | ) | Comprehensive income (loss) attributable to Titan | $ | 41,603 |
| | $ | 118,065 |
| | $ | (26,289 | ) | | $ | (91,760 | ) | | $ | 41,619 |
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Condensed Financial Information, Condensed Balance Sheet [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Balance Sheets December 31, 2013 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | Cash and cash equivalents | $ | 81,472 |
| | $ | 4 |
| | $ | 107,884 |
| | $ | — |
| | $ | 189,360 |
| Restricted cash | — |
| | — |
| | 14,268 |
| | — |
| | 14,268 |
| Accounts receivable | — |
| | 89,259 |
| | 173,794 |
| | — |
| | 263,053 |
| Inventories | — |
| | 129,113 |
| | 255,807 |
| | — |
| | 384,920 |
| Prepaid and other current assets | 80,876 |
| | 20,416 |
| | 54,985 |
| | — |
| | 156,277 |
| Total current assets | 162,348 |
| | 238,792 |
| | 606,738 |
| | — |
| | 1,007,878 |
| Property, plant and equipment, net | 9,885 |
| | 206,928 |
| | 421,994 |
| | — |
| | 638,807 |
| Investment in subsidiaries | 884,222 |
| | — |
| | 141,752 |
| | (1,025,974 | ) | | — |
| Other assets | 34,259 |
| | 387 |
| | 139,900 |
| | — |
| | 174,546 |
| Total assets | $ | 1,090,714 |
| | $ | 446,107 |
| | $ | 1,310,384 |
| | $ | (1,025,974 | ) | | $ | 1,821,231 |
| Liabilities and Stockholders’ Equity | |
| | |
| | |
| | |
| | |
| Short-term debt | $ | — |
| | $ | — |
| | $ | 75,061 |
| | $ | — |
| | $ | 75,061 |
| Accounts payable | 368 |
| | 12,525 |
| | 163,826 |
| |
|
| | 176,719 |
| Other current liabilities | 15,278 |
| | 58,001 |
| | 61,512 |
| | — |
| | 134,791 |
| Total current liabilities | 15,646 |
| | 70,526 |
| | 300,399 |
| | — |
| | 386,571 |
| Long-term debt | 460,161 |
| | — |
| | 37,533 |
| | — |
| | 497,694 |
| Other long-term liabilities | 40,658 |
| | 15,571 |
| | 82,701 |
| | — |
| | 138,930 |
| Intercompany accounts | (113,474 | ) | | (147,529 | ) | | 261,003 |
| | — |
| | — |
| Titan stockholders' equity | 687,723 |
| | 507,539 |
| | 518,435 |
| | (1,025,974 | ) | | 687,723 |
| Noncontrolling interests | — |
| | — |
| | 110,313 |
| | — |
| | 110,313 |
| Total liabilities and stockholders’ equity | $ | 1,090,714 |
| | $ | 446,107 |
| | $ | 1,310,384 |
| | $ | (1,025,974 | ) | | $ | 1,821,231 |
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| | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Balance Sheets December 31, 2012 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | Cash and cash equivalents | $ | 103,154 |
| | $ | 4 |
| | $ | 85,956 |
| | $ | — |
| | $ | 189,114 |
| Accounts receivable | (72 | ) | | 128,917 |
| | 168,953 |
| | — |
| | 297,798 |
| Inventories | — |
| | 142,070 |
| | 224,315 |
| | — |
| | 366,385 |
| Prepaid and other current assets | 49,438 |
| | 17,021 |
| | 76,367 |
| | — |
| | 142,826 |
| Total current assets | 152,520 |
| | 288,012 |
| | 555,591 |
| | — |
| | 996,123 |
| Property, plant and equipment, net | 11,497 |
| | 208,734 |
| | 348,113 |
| | — |
| | 568,344 |
| Investment in subsidiaries | 565,811 |
| | — |
| | 86,189 |
| | (652,000 | ) | | — |
| Other assets | 35,564 |
| | 499 |
| | 109,705 |
| | — |
| | 145,768 |
| Total assets | $ | 765,392 |
| | $ | 497,245 |
| | $ | 1,099,598 |
| | $ | (652,000 | ) | | $ | 1,710,235 |
| Liabilities and Stockholders’ Equity | |
| | |
| | |
| | |
| | |
| Short-term debt | $ | — |
| | $ | — |
| | $ | 145,801 |
| | $ | — |
| | $ | 145,801 |
| Accounts payable | 1,000 |
| | 21,222 |
| | 157,843 |
| | — |
| | 180,065 |
| Other current liabilities | 13,911 |
| | 55,290 |
| | 72,013 |
| | — |
| | 141,214 |
| Total current liabilities | 14,911 |
| | 76,512 |
| | 375,657 |
| | — |
| | 467,080 |
| Long-term debt | 312,881 |
| | — |
| | 128,557 |
| | — |
| | 441,438 |
| Other long-term liabilities | 44,512 |
| | 35,482 |
| | 89,361 |
| | — |
| | 169,355 |
| Intercompany accounts | (213,529 | ) | | (34,272 | ) | | 247,801 |
| | — |
| | — |
| Titan stockholders’ equity | 606,617 |
| | 419,523 |
| | 232,477 |
| | (652,000 | ) | | 606,617 |
| Noncontrolling interests | — |
| | — |
| | 25,745 |
| | — |
| | 25,745 |
| Total liabilities and stockholders’ equity | $ | 765,392 |
| | $ | 497,245 |
| | $ | 1,099,598 |
| | $ | (652,000 | ) | | $ | 1,710,235 |
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Condensed Financial Information, Condensed Statement of Cash Flows [Table Text Block] |
| | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2013 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Consolidated | Net cash provided by (used for) operating activities | $ | (175,810 | ) | | $ | 28,834 |
| | $ | 263,625 |
| | $ | 116,649 |
| Cash flows from investing activities: | |
| | |
| | |
| | |
| Capital expenditures | (6,290 | ) | | (29,087 | ) | | (44,754 | ) | | (80,131 | ) | Acquisitions, net of cash acquired | — |
| | — |
| | (95,681 | ) | | (95,681 | ) | Additional equity investment in Wheels India | — |
| | — |
| | (8,017 | ) | | (8,017 | ) | Increase in restricted cash deposits | — |
| | — |
| | (14,473 | ) | | (14,473 | ) | Insurance proceeds | — |
| | — |
| | 2,879 |
| | 2,879 |
| Other, net | — |
| | 253 |
| | 2,091 |
| | 2,344 |
| Net cash used for investing activities | (6,290 | ) | | (28,834 | ) | | (157,955 | ) | | (193,079 | ) | Cash flows from financing activities: | |
| | |
| | |
| | |
| Proceeds from borrowings | 745,313 |
| | — |
| | — |
| | 745,313 |
| Repurchase of senior notes | (558,360 | ) | | — |
| | — |
| | (558,360 | ) | Payment on debt | — |
| | — |
| | (200,721 | ) | | (200,721 | ) | Term loan borrowing | — |
| | — |
| | 43,391 |
| | 43,391 |
| Convertible note conversion | (14,090 | ) | | — |
| | — |
| | (14,090 | ) | Capital contribution from noncontrolling interest | — |
| | — |
| | 79,592 |
| | 79,592 |
| Proceeds from exercise of stock options | 1,001 |
| | — |
| | — |
| | 1,001 |
| Excess tax benefit from stock options exercised | (68 | ) | | — |
| | — |
| | (68 | ) | Payment of financing fees | (12,332 | ) | | — |
| | — |
| | (12,332 | ) | Dividends paid | (1,046 | ) | | — |
| | — |
| | (1,046 | ) | Net cash provided by (used for) financing activities | 160,418 |
| | — |
| | (77,738 | ) | | 82,680 |
| Effect of exchange rate change on cash | — |
| | — |
| | (6,004 | ) | | (6,004 | ) | Net increase (decrease) in cash and cash equivalents | (21,682 | ) | | — |
| | 21,928 |
| | 246 |
| Cash and cash equivalents, beginning of period | 103,154 |
| | 4 |
| | 85,956 |
| | 189,114 |
| Cash and cash equivalents, end of period | $ | 81,472 |
| | $ | 4 |
| | $ | 107,884 |
| | $ | 189,360 |
|
| | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2012 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Consolidated | Net cash provided by (used for) operating activities | $ | (14,959 | ) | | $ | 35,327 |
| | $ | 109,800 |
| | $ | 130,168 |
| Cash flows from investing activities: | |
| | |
| | |
| | |
| Capital expenditures | (6,931 | ) | | (36,025 | ) | | (22,784 | ) | | (65,740 | ) | Acquisitions, net of cash acquired | 780 |
| | — |
| | — |
| | 780 |
| Other, net | — |
| | 698 |
| | 368 |
| | 1,066 |
| Net cash used for investing activities | (6,151 | ) | | (35,327 | ) | | (22,416 | ) | | (63,894 | ) | Cash flows from financing activities: | |
| | |
| | |
| | |
| Proceeds from borrowings | — |
| | — |
| | 8,838 |
| | 8,838 |
| Payment on debt | — |
| | — |
| | (20,811 | ) | | (20,811 | ) | Term loan borrowing | — |
| | — |
| | 8,333 |
| | 8,333 |
| Proceeds from exercise of stock options | 934 |
| | — |
| | — |
| | 934 |
| Excess tax benefit from stock options | 184 |
| | — |
| | — |
| | 184 |
| Payment of financing fees | (1,275 | ) | | — |
| | — |
| | (1,275 | ) | Dividends paid | (845 | ) | | — |
| | — |
| | (845 | ) | Net cash provided by (used for) financing activities | (1,002 | ) | | — |
| | (3,640 | ) | | (4,642 | ) | Effect of exchange rate change on cash | — |
| | — |
| | (1,688 | ) | | (1,688 | ) | Net increase (decrease) in cash and cash equivalents | (22,112 | ) | | — |
| | 82,056 |
| | 59,944 |
| Cash and cash equivalents, beginning of period | 125,266 |
| | 4 |
| | 3,900 |
| | 129,170 |
| Cash and cash equivalents, end of period | $ | 103,154 |
| | $ | 4 |
| | $ | 85,956 |
| | $ | 189,114 |
|
| | | | | | | | | | | | | | | | | (Amounts in thousands) | Consolidating Condensed Statements of Cash Flows Year Ended December 31, 2011 | | Titan Intl., Inc. (Parent) | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Consolidated | Net cash provided by (used for) operating activities | $ | (12,391 | ) | | $ | 17,609 |
| | $ | (792 | ) | | $ | 4,426 |
| Cash flows from investing activities: | |
| | |
| | |
| | |
| Capital expenditures | (3,530 | ) | | (19,371 | ) | | (12,843 | ) | | (35,744 | ) | Acquisition, net of cash acquired | (99,118 | ) | | — |
| | — |
| | (99,118 | ) | Purchases of marketable securities | (30,000 | ) | | — |
| | — |
| | (30,000 | ) | Sales of marketable securities | 31,586 |
| | — |
| | — |
| | 31,586 |
| Other, net | — |
| | 1,763 |
| | 710 |
| | 2,473 |
| Net cash used for investing activities | (101,062 | ) | | (17,608 | ) | | (12,133 | ) | | (130,803 | ) | Cash flows from financing activities: | |
| | |
| | |
| | |
| Repurchase of senior unsecured notes | (1,064 | ) | | — |
| | — |
| | (1,064 | ) | Payment of debt | — |
| | — |
| | (8,856 | ) | | (8,856 | ) | Term loan borrowing | — |
| | — |
| | 25,879 |
| | 25,879 |
| Proceeds from exercise of stock options | 524 |
| | — |
| | — |
| | 524 |
| Excess tax benefit from stock options | 706 |
| | — |
| | — |
| | 706 |
| Dividends paid | (809 | ) | | — |
| | — |
| | (809 | ) | Net cash provided by (used for) financing activities | (643 | ) | | — |
| | 17,023 |
| | 16,380 |
| Effect of exchange rate change on cash | — |
| | — |
| | (333 | ) | | (333 | ) | Net increase (decrease) in cash and cash equivalents | (114,096 | ) | | 1 |
| | 3,765 |
| | (110,330 | ) | Cash and cash equivalents, beginning of period | 239,362 |
| | 3 |
| | 135 |
| | 239,500 |
| Cash and cash equivalents, end of period | $ | 125,266 |
| | $ | 4 |
| | $ | 3,900 |
| | $ | 129,170 |
|
|