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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2014
INCOME TAXES [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
Income (loss) before income taxes, consisted of the following (amounts in thousands):
 
2014
 
2013
 
2012
Domestic
$
(47,730
)
 
$
27,023

 
$
178,686

Foreign
(104,514
)
 
27,711

 
13,565

 
$
(152,244
)
 
$
54,734

 
$
192,251

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The income tax provision (benefit) was as follows (amounts in thousands):
 
2014
 
2013
 
2012
Current
 
 
 
 
 
Federal
$
(2,753
)
 
$
11,853

 
$
47,616

State
258

 
5,398

 
13,537

Foreign
5,476

 
11,800

 
8,290

 
2,981

 
29,051

 
69,443

Deferred
 

 
 

 
 

Federal
(11,670
)
 
(8,473
)
 
14,179

State
(1,205
)
 
(316
)
 
1,235

Foreign
(11,925
)
 
4,785

 
1,756

 
(24,800
)
 
(4,004
)
 
17,170

Income tax provision (benefit)
$
(21,819
)
 
$
25,047

 
$
86,613

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The income tax provision differs from the amount of income tax determined by applying the statutory U.S. federal income tax rate to pre-tax income (loss) as a result of the following:
 
2014
 
2013
 
2012
Statutory U.S. federal tax rate
35.0
 %
 
35.0
 %
 
35.0
 %
Unrecognized tax positions
0.7

 
6.2

 
3.5

Impact of foreign income
(0.4
)
 
4.5

 
6.1

Italian law change

 
(14.2
)
 

Goodwill impairment
(10.6
)
 

 

Valuation allowance
(11.3
)
 
19.0

 

State taxes, net
0.8

 
1.9

 
2.5

Domestic production exemption

 
(3.2
)
 
(3.1
)
Debt conversion (benefit) expense
1.5

 
(1.0
)
 

Section 162m limitation

 

 
2.5

Write off of Titan Europe deferred tax asset

 

 
2.0

Bargain purchase gain

 

 
(2.0
)
Other, net
(1.4
)
 
(2.4
)
 
(1.4
)
Effective tax rate
14.3
 %
 
45.8
 %
 
45.1
 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.  Significant components of the Company’s deferred tax assets and liabilities at December 31, 2014 and 2013, are as follows (amounts in thousands):
 
2014
 
2013
Deferred tax assets:
 
 
 
Net operating loss carryforwards
$
55,590

 
$
41,933

Pension
8,590

 
6,269

Inventory
7,807

 
3,564

Warranty
9,945

 
11,460

Employee benefits and related costs
15,967

 
13,146

Allowance for bad debts
1,254

 
3,773

Prepaid royalties
7,960

 
8,464

Other
14,551

 
14,929

Deferred tax assets
121,664

 
103,538

Deferred tax liabilities:
 

 
 

Fixed assets
(50,009
)
 
(71,749
)
Intangible Assets
(6,043
)
 
(8,454
)
Other
(3,027
)
 
(5,957
)
Deferred tax liabilities
(59,079
)
 
(86,160
)
Subtotal
62,585

 
17,378

Valuation allowance
(45,241
)
 
(37,185
)
Net deferred tax asset (liability)
$
17,344

 
$
(19,807
)
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
A reconciliation of the total amounts of unrecognized tax benefits at December 31 were as follows (amounts in thousands):
 
2014
 
2013
 
2012
Balance at January 1
15,363

 
11,872

 

     Increases to tax positions taken during the current year
190

 
4,256

 
6,050

     Increases to tax positions taken during the prior years
3,131

 
433

 
5,822

     Decreases to tax positions taken during prior years
(1,806
)
 
(250
)
 

     Decreases due to lapse of statutes of limitations
(802
)
 
(272
)
 

     Settlements
(656
)
 
(721
)
 

     Foreign exchange
(100
)
 
45

 

Balance at December 31
15,320

 
15,363

 
11,872