$TITN
Titan Machinery Inc. Stock $titn

$titn Overview Financials Valuation SEC Filings Company Website

2012 Q4 Form 10-Q Financial Statement

#000110465912082364 Filed on December 06, 2012

Income Statement

Concept	2012 Q4	2011 Q4
Revenue	$582.1M	$423.0M
YoY Change	37.63%	35.87%
Cost Of Revenue	$488.1M	$349.0M
YoY Change	39.86%	32.53%
Gross Profit	$94.06M	$74.00M
YoY Change	27.11%	54.16%
Gross Profit Margin	16.16%	17.5%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.300M	$4.100M
YoY Change	78.05%	86.36%
% of Gross Profit	7.76%	5.54%
Operating Expenses	$63.95M	$50.06M
YoY Change	27.75%	52.16%
Operating Profit	$30.11M	$23.94M
YoY Change	25.78%	58.52%
Interest Expense	-$6.300M	-$2.600M
YoY Change	142.31%	13.04%
% of Operating Profit	-20.92%	-10.86%
Other Income/Expense, Net
YoY Change
Pretax Income	$23.78M	$21.34M
YoY Change	11.44%	66.69%
Income Tax	$9.418M	$8.536M
% Of Pretax Income	39.61%	40.01%
Net Earnings	$14.06M	$12.80M
YoY Change	9.85%	66.23%
Net Earnings / Revenue	2.42%	3.03%
Basic Earnings Per Share	$0.67	$0.62
Diluted Earnings Per Share	$0.66	$0.61
COMMON SHARES
Basic Shares Outstanding	20.81M shares	20.57M shares
Diluted Shares Outstanding	20.99M shares	20.89M shares

Balance Sheet

Concept	2012 Q4	2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$115.7M	$97.90M
YoY Change	18.18%	48.33%
Cash & Equivalents	$115.7M	$97.89M
Short-Term Investments
Other Short-Term Assets	$9.400M	$5.100M
YoY Change	84.31%	34.21%
Inventory	$1.048B	$738.3M
Prepaid Expenses
Receivables	$96.60M	$53.00M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.270B	$894.2M
YoY Change	41.99%	67.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$185.7M	$118.3M
YoY Change	56.94%	111.63%
Goodwill	$29.55M
YoY Change
Intangibles	$12.48M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$7.641M	$5.900M
YoY Change	29.51%	84.38%
Total Long-Term Assets	$238.8M	$157.2M
YoY Change	51.91%	107.39%
TOTAL ASSETS
Total Short-Term Assets	$1.270B	$894.2M
Total Long-Term Assets	$238.8M	$157.2M
Total Assets	$1.508B	$1.051B
YoY Change	43.47%	72.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$34.60M	$39.10M
YoY Change	-11.52%	139.88%
Accrued Expenses	$32.53M	$22.40M
YoY Change	45.21%	70.99%
Deferred Revenue
YoY Change
Short-Term Debt	$782.4M	$576.8M
YoY Change	35.64%	78.96%
Long-Term Debt Due	$10.10M	$1.900M
YoY Change	431.58%	-79.35%
Total Short-Term Liabilities	$889.7M	$660.9M
YoY Change	34.62%	77.0%
LONG-TERM LIABILITIES
Long-Term Debt	$194.2M	$59.50M
YoY Change	226.39%	158.7%
Other Long-Term Liabilities	$1.870M	$3.400M
YoY Change	-45.0%	36.0%
Total Long-Term Liabilities	$234.8M	$62.90M
YoY Change	273.22%	146.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$889.7M	$660.9M
Total Long-Term Liabilities	$234.8M	$62.90M
Total Liabilities	$1.124B	$734.1M
YoY Change	53.17%	80.86%
SHAREHOLDERS EQUITY
Retained Earnings	$145.1M
YoY Change
Common Stock	$235.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$380.4M	$317.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.508B	$1.051B
YoY Change	43.47%	72.53%

Cashflow Statement

Concept	2012 Q4	2011 Q4
OPERATING ACTIVITIES
Net Income	$14.06M	$12.80M
YoY Change	9.85%	66.23%
Depreciation, Depletion And Amortization	$7.300M	$4.100M
YoY Change	78.05%	86.36%
Cash From Operating Activities	-$79.40M	-$99.90M
YoY Change	-20.52%	800.0%
INVESTING ACTIVITIES
Capital Expenditures	-$11.50M	-$3.200M
YoY Change	259.38%	-34.69%
Acquisitions
YoY Change
Other Investing Activities	$3.100M	-$9.000M
YoY Change	-134.44%	-3100.0%
Cash From Investing Activities	-$8.400M	-$12.20M
YoY Change	-31.15%	159.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	77.10M	107.9M
YoY Change	-28.54%	431.53%
NET CHANGE
Cash From Operating Activities	-79.40M	-99.90M
Cash From Investing Activities	-8.400M	-12.20M
Cash From Financing Activities	77.10M	107.9M
Net Change In Cash	-10.70M	-4.200M
YoY Change	154.76%	-193.33%
FREE CASH FLOW
Cash From Operating Activities	-$79.40M	-$99.90M
Capital Expenditures	-$11.50M	-$3.200M
Free Cash Flow	-$67.90M	-$96.70M
YoY Change	-29.78%	1459.68%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Type DocumentType	10-Q
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--01-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2012Q4	titn	Inventory Used Equipment Net Of Reserves InventoryUsedEquipmentNetOfReserves	218351000	USD
CY2011Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20572000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.31
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.34
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19903000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19538000	shares
	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	238000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	270000	USD
CY2011Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
CY2011Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.62
CY2011Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20890000	shares
CY2012Q4	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	150000	USD
CY2011Q4	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	113000	USD
CY2012Q1	titn	Inventory New Equipment Net Of Reserves InventoryNewEquipmentNetOfReserves	445513000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Estimates</font></i></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates, particularly related to realization of inventory, initial valuation and impairment analyses of intangible assets, and income taxes.</font></p></td></tr></table>
CY2012Q4	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	93466000	USD
CY2012Q4	titn	Inventory New Equipment Net Of Reserves InventoryNewEquipmentNetOfReserves	726865000	USD
CY2012Q1	us-gaap	Inventory Net InventoryNet	748047000	USD
CY2012Q1	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	76073000	USD
CY2012Q1	titn	Inventory Used Equipment Net Of Reserves InventoryUsedEquipmentNetOfReserves	219849000	USD
CY2012Q1	us-gaap	Assets Assets	1088072000	USD
CY2011Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	21336000	USD
CY2011Q4	us-gaap	Revenues Revenues	422960000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	43934000	USD
	us-gaap	Revenues Revenues	1051974000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2012-10-31
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Registrant Name EntityRegistrantName	Titan Machinery Inc.
	dei	Entity Central Index Key EntityCentralIndexKey	0001409171
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2012Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	21047214	shares
CY2012Q4	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	124887000	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	1048004000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	185656000	USD
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	79842000	USD
CY2012Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	82518000	USD
CY2012Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2108000	USD
CY2012Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	3140000	USD
CY2012Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	5370000	USD
CY2012Q1	us-gaap	Assets Current AssetsCurrent	921025000	USD
CY2012Q1	us-gaap	Inventory Noncurrent InventoryNoncurrent	2792000	USD
CY2012Q1	us-gaap	Goodwill Goodwill	24404000	USD
CY2012Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10793000	USD
CY2012Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2776000	USD
CY2012Q1	titn	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	40765000	USD
CY2012Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	126282000	USD
CY2012Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	28424000	USD
CY2012Q1	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	4755000	USD
CY2012Q1	us-gaap	Customer Advances Current CustomerAdvancesCurrent	49540000	USD
CY2012Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	26735000	USD
CY2012Q1	us-gaap	Liabilities Current LiabilitiesCurrent	661882000	USD
CY2012Q1	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	57405000	USD
CY2012Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	28592000	USD
CY2012Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2854000	USD
CY2012Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	88851000	USD
CY2012Q1	us-gaap	Common Stock Value CommonStockValue		USD
CY2012Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	218156000	USD
CY2012Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	118251000	USD
CY2012Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-70000	USD
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	336337000	USD
CY2012Q1	us-gaap	Minority Interest MinorityInterest	1002000	USD
CY2012Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1088072000	USD
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2012Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20911000	shares
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20911000	shares
CY2011Q4	titn	Sales Revenue Equipment SalesRevenueEquipment	312304000	USD
	titn	Sales Revenue Equipment SalesRevenueEquipment	786816000	USD
CY2011Q4	titn	Sales Revenue Parts SalesRevenueParts	64468000	USD
	titn	Sales Revenue Parts SalesRevenueParts	155670000	USD
CY2011Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	29843000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	76202000	USD
CY2011Q4	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	16345000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	3244000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	38607000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10878000	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	33286000	USD
CY2011Q4	titn	Cost Of Equipment Sold CostOfEquipmentSold	283690000	USD
	titn	Cost Of Equipment Sold CostOfEquipmentSold	711421000	USD
CY2011Q4	titn	Cost Of Parts Sold CostOfPartsSold	44389000	USD
	titn	Cost Of Parts Sold CostOfPartsSold	108535000	USD
CY2011Q4	us-gaap	Cost Of Services CostOfServices	10304000	USD
	us-gaap	Cost Of Services CostOfServices	27175000	USD
CY2011Q4	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	10580000	USD
	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	22192000	USD
CY2011Q4	us-gaap	Cost Of Revenue CostOfRevenue	348963000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	869323000	USD
CY2011Q4	us-gaap	Gross Profit GrossProfit	73997000	USD
	us-gaap	Gross Profit GrossProfit	182651000	USD
CY2011Q4	us-gaap	Operating Expenses OperatingExpenses	50060000	USD
	us-gaap	Operating Expenses OperatingExpenses	133556000	USD
CY2011Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	23937000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	49095000	USD
CY2011Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	307000	USD
	us-gaap	Interest And Other Income InterestAndOtherIncome	859000	USD
CY2011Q4	titn	Floorplan Interest Expense FloorplanInterestExpense	2625000	USD
	titn	Floorplan Interest Expense FloorplanInterestExpense	5121000	USD
CY2011Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	283000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	899000	USD
CY2011Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8536000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17575000	USD
CY2011Q4	us-gaap	Profit Loss ProfitLoss	12800000	USD
	us-gaap	Profit Loss ProfitLoss	26359000	USD
CY2012Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	309000	USD
CY2012Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	403000	USD
CY2012Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	298000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10172000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	184000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	987000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	138000	USD
	titn	Increase Decrease In Floorplan Notes Payable IncreaseDecreaseInFloorplanNotesPayable	8217000	USD
	titn	Increase Decrease In Accounts Payable Customer Deposits Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccountsPayableCustomerDepositsAccruedLiabilitiesAndOtherOperatingLiabilities	14638000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-1012000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-176842000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	99000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-47164000	USD
	titn	Change In Non Manufacturer Floorplan Notes Payable ChangeInNonManufacturerFloorplanNotesPayable	162698000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	12139000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	327000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	245784000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	21778000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	18191000	USD
	us-gaap	Interest Paid Net InterestPaidNet	5390000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	8720000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	35826000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	115668000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-47882000	USD
	titn	Increase Decrease In Receivable Prepaid Expense And Other Assets IncreaseDecreaseInReceivablePrepaidExpenseAndOtherAssets	4117000	USD
	titn	Increase Decrease In Inventory IncreaseDecreaseInInventory	232519000	USD
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	76112000	USD
CY2012Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	274000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-662000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	155000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-533000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	97890000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	256000	USD
CY2011Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12800000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	26359000	USD
CY2012Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	5023000	USD
	titn	Net Transfer Of Equipment To From Fixed Assets From To Inventories NetTransferOfEquipmentToFromFixedAssetsFromToInventories	35721000	USD
	titn	Net Transfer Of Financing To From Long Term Debt From To Floorplan Notes Payable NetTransferOfFinancingToFromLongTermDebtFromToFloorplanNotesPayable	1696000	USD
CY2012Q1	titn	Floorplan Notes Payable FloorplanNotesPayable	552428000	USD
CY2011Q4	us-gaap	Net Income Loss NetIncomeLoss	12800000	USD
	us-gaap	Net Income Loss NetIncomeLoss	26359000	USD
CY2012Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13911000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	26597000	USD
CY2011Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	12687000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	26121000	USD
CY2011Q4	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	29000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	30000	shares
CY2011Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	289000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	335000	shares
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	20000000	USD
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	45000000	shares
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	74898000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	1269647000	USD
CY2012Q4	us-gaap	Assets Assets	1508448000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	889690000	USD
CY2012Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	234758000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1508448000	USD
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	384000000	USD
CY2012Q4	us-gaap	Revenues Revenues	582112000	USD
CY2012Q4	us-gaap	Gross Profit GrossProfit	94059000	USD
CY2012Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	30109000	USD
CY2012Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	23777000	USD
CY2012Q4	us-gaap	Profit Loss ProfitLoss	14359000	USD
	us-gaap	Gross Profit GrossProfit	234832000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	59519000	USD
	us-gaap	Profit Loss ProfitLoss	27123000	USD
	us-gaap	Net Income Loss NetIncomeLoss	26867000	USD
CY2012Q4	us-gaap	Net Income Loss NetIncomeLoss	14061000	USD
	us-gaap	Revenues Revenues	1413906000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	2464000	USD
CY2012Q4	us-gaap	Convertible Debt Fair Value Disclosures ConvertibleDebtFairValueDisclosures	140000000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	236585000	USD
CY2012Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	50929000	USD
CY2012Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	162081000	USD
CY2012Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	35799000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-631000	USD
CY2012Q4	us-gaap	Minority Interest MinorityInterest	3621000	USD
CY2012Q4	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	12000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	20000	shares
CY2012Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	162000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	189000	shares
CY2012Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20814000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20773000	shares
CY2012Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20988000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20982000	shares
CY2012Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.67
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.28
CY2012Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.66
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.27
CY2012Q4	titn	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	53145000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	380379000	USD
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21047000	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21047000	shares
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	44909000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	26359000	USD
	us-gaap	Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt	15501000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-172673000	USD
	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	824000	USD
	us-gaap	Paid In Kind Interest PaidInKindInterest	387000	USD
CY2012Q4	titn	Inventory Work In Process Net Of Adjustments InventoryWorkInProcessNetOfAdjustments	9322000	USD
CY2012Q1	titn	Inventory Work In Process Net Of Adjustments InventoryWorkInProcessNetOfAdjustments	6612000	USD
	titn	Proceeds From Convertible Debt Net Of Issuance Costs ProceedsFromConvertibleDebtNetOfIssuanceCosts	145247000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4753000	USD
	titn	Payment Of Stock Issuance Costs Other Direct Costs PaymentOfStockIssuanceCostsOtherDirectCosts	286000	USD
	titn	Payment Of Stock Issuance Costs Underwriting Discount PaymentOfStockIssuanceCostsUnderwritingDiscount	4166000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue		USD
CY2012Q4	titn	Floorplan Notes Payable FloorplanNotesPayable	782357000	USD
CY2012Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	337339000	USD
CY2011Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12800000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	257317000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-936000	USD
	titn	Stock Issued During Period Value Of Restricted Stock Award Stock Options Exercised Warrants Exercised And Tax Benefits Of Equity Awards StockIssuedDuringPeriodValueOfRestrictedStockAwardStockOptionsExercisedWarrantsExercisedAndTaxBenefitsOfEquityAwards	1055000	USD
	us-gaap	Minority Interest Increase From Stock Issuance MinorityInterestIncreaseFromStockIssuance	2464000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1180000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	26461000	USD
CY2012Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	96568000	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4225000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	5182000	USD
CY2012Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	3480000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	29547000	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	12477000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	7641000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	34597000	USD
CY2012Q4	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	10123000	USD
CY2012Q4	us-gaap	Customer Advances Current CustomerAdvancesCurrent	25063000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	32527000	USD
CY2012Q4	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	69345000	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	38656000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1870000	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	235892000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	145118000	USD
CY2012Q4	titn	Floorplan Interest Expense FloorplanInterestExpense	3704000	USD
CY2012Q4	titn	Cost Of Equipment Sold CostOfEquipmentSold	414028000	USD
	titn	Cost Of Equipment Sold CostOfEquipmentSold	985397000	USD
CY2012Q4	titn	Cost Of Parts Sold CostOfPartsSold	49266000	USD
	titn	Cost Of Parts Sold CostOfPartsSold	130276000	USD
CY2012Q4	us-gaap	Cost Of Services CostOfServices	11611000	USD
	us-gaap	Cost Of Services CostOfServices	32448000	USD
CY2012Q4	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	13148000	USD
	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	30953000	USD
CY2012Q4	us-gaap	Operating Expenses OperatingExpenses	63950000	USD
	us-gaap	Operating Expenses OperatingExpenses	175313000	USD
CY2012Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	258000	USD
	us-gaap	Interest And Other Income InterestAndOtherIncome	865000	USD
	titn	Floorplan Interest Expense FloorplanInterestExpense	9022000	USD
CY2012Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	14633000	USD
CY2012Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	2886000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	6453000	USD
CY2012Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9418000	USD
CY2012Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14324000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17786000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	26306000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	17518000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	8000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1180000	USD
	us-gaap	Paid In Kind Interest PaidInKindInterest	2339000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	543000	USD
	titn	Increase Decrease In Receivable Prepaid Expense And Other Assets IncreaseDecreaseInReceivablePrepaidExpenseAndOtherAssets	13813000	USD
	titn	Increase Decrease In Inventory IncreaseDecreaseInInventory	212948000	USD
	titn	Increase Decrease In Floorplan Notes Payable IncreaseDecreaseInFloorplanNotesPayable	18080000	USD
	titn	Increase Decrease In Accounts Payable Customer Deposits Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccountsPayableCustomerDepositsAccruedLiabilitiesAndOtherOperatingLiabilities	-19775000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	8158000	USD
	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	15014000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	20724000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	4022000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	16175000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-9000	USD
	titn	Change In Non Manufacturer Floorplan Notes Payable ChangeInNonManufacturerFloorplanNotesPayable	118655000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	94736000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	103591000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-194000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	9217000	USD
	us-gaap	Interest Paid Net InterestPaidNet	9865000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	26153000	USD
	titn	Net Transfer Of Equipment To From Fixed Assets From To Inventories NetTransferOfEquipmentToFromFixedAssetsFromToInventories	15374000	USD
CY2012Q4	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	20478000	USD
CY2012Q4	titn	Sales Revenue Equipment SalesRevenueEquipment	456168000	USD
	titn	Sales Revenue Equipment SalesRevenueEquipment	1084866000	USD
CY2012Q4	titn	Sales Revenue Parts SalesRevenueParts	72101000	USD
	titn	Sales Revenue Parts SalesRevenueParts	188840000	USD
CY2012Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	33365000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	93583000	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	46617000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	82000	USD

Files In Submission

Name	View Source	Status
0001104659-12-082364-index-headers.html	Edgar Link	pending
0001104659-12-082364-index.html	Edgar Link	pending
0001104659-12-082364.txt	Edgar Link	pending
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a12-21226_110q.htm	Edgar Link	pending
a12-21226_1ex10d1.htm	Edgar Link	pending
a12-21226_1ex10d2.htm	Edgar Link	pending
a12-21226_1ex31d1.htm	Edgar Link	pending
a12-21226_1ex31d2.htm	Edgar Link	pending
a12-21226_1ex32d1.htm	Edgar Link	pending
a12-21226_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
g212261kc01i001.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
titn-20121031.xml	Edgar Link	completed
titn-20121031.xsd	Edgar Link	pending
titn-20121031_cal.xml	Edgar Link	unprocessable
titn-20121031_def.xml	Edgar Link	unprocessable
titn-20121031_lab.xml	Edgar Link	unprocessable
titn-20121031_pre.xml	Edgar Link	unprocessable

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$TITN
Titan Machinery Inc. Stock $titn

2012 Q4 Form 10-Q Financial Statement

#000110465912082364 Filed on December 06, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TITN Titan Machinery Inc. Stock $titn

2012 Q4 Form 10-Q Financial Statement

#000110465912082364 Filed on December 06, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TITN
Titan Machinery Inc. Stock $titn