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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Accounts receivable $ 266,758 $ 255,180
Inventories 397,223 392,615
Prepaid and other current assets 86,070 67,401
Total current assets 909,628 813,304
Property, plant and equipment, net 296,605 301,109
Operating lease assets 8,932 20,945
Deferred income taxes 38,736 16,831
Other long-term assets 30,729 30,496
Total assets 1,284,630 1,182,685
Current liabilities    
Short-term debt 30,857 32,500
Accounts payable 263,376 278,099
Other current liabilities 151,928 140,214
Total current liabilities 446,161 450,813
Long-term debt 414,761 452,451
Deferred income taxes 3,425 3,978
Other long-term liabilities 37,145 48,271
Total liabilities 901,492 955,513
Titan stockholders' equity    
Common stock ($0.0001 par, 120,000,000 shares authorized, 66,525,269 issued at December 2022 and 66,492,660 at December 2021) 0 0
Additional paid-in capital 565,546 562,340
Retained earnings (deficit) 90,863 (85,439)
Treasury stock (at cost, 3,681,308 shares at December 2022 and 80,876 shares at December 2021) (23,418) (1,121)
Accumulated other comprehensive loss (251,755) (246,480)
Total Titan stockholders’ equity 381,236 229,300
Noncontrolling interests 1,902 (2,128)
Total equity 383,138 227,172
Total liabilities and equity 1,284,630 1,182,685
Accounts Receivable, Allowance for Credit Loss, Current $ 6,170 $ 4,550
Common Stock, Shares, Issued 66,525,269 66,492,660
Common Stock, No Par Value $ 0.0001  
Common Stock, Shares Authorized 120,000,000  
Treasury Stock, Shares 3,681,308 80,876
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations $ 159,577 $ 98,108