$TITN
Titan Machinery Inc. Stock $titn

$titn Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000110465913047431 Filed on June 06, 2013

Income Statement

Concept	2013 Q2	2012 Q2
Revenue	$441.7M	$421.7M
YoY Change	4.73%	32.55%
Cost Of Revenue	$367.7M	$351.3M
YoY Change	4.67%	32.39%
Gross Profit	$73.95M	$70.41M
YoY Change	5.03%	33.34%
Gross Profit Margin	16.74%	16.7%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.869M	$4.927M
YoY Change	19.12%	86.49%
% of Gross Profit	7.94%	7.0%
Operating Expenses	$68.93M	$54.86M
YoY Change	25.66%	39.1%
Operating Profit	$5.015M	$15.55M
YoY Change	-67.76%	16.35%
Interest Expense	-$6.000M	-$3.200M
YoY Change	87.5%	166.67%
% of Operating Profit	-119.64%	-20.57%
Other Income/Expense, Net
YoY Change
Pretax Income	-$997.0K	$12.35M
YoY Change	-108.07%	1.11%
Income Tax	-$394.0K	$4.891M
% Of Pretax Income		39.6%
Net Earnings	-$414.0K	$7.597M
YoY Change	-105.45%	4.53%
Net Earnings / Revenue	-0.09%	1.8%
Basic Earnings Per Share	-$0.02	$0.36
Diluted Earnings Per Share	-$0.02	$0.36
COMMON SHARES
Basic Shares Outstanding	20.85M shares	20.72M shares
Diluted Shares Outstanding	20.85M shares	20.96M shares

Balance Sheet

Concept	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$114.3M	$106.7M
YoY Change	7.12%	30.76%
Cash & Equivalents	$114.3M	$106.7M
Short-Term Investments
Other Short-Term Assets	$18.00M	$10.40M
YoY Change	73.08%	153.66%
Inventory	$1.001B	$823.2M
Prepaid Expenses
Receivables	$86.00M	$53.70M
Other Receivables	$7.400M	$0.00
Total Short-Term Assets	$1.227B	$994.0M
YoY Change	23.43%	65.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$230.0M	$167.8M
YoY Change	37.13%	111.28%
Goodwill	$30.94M	$26.26M
YoY Change	17.86%
Intangibles	$14.20M	$11.46M
YoY Change	23.92%
Long-Term Investments
YoY Change
Other Assets	$8.545M	$7.850M
YoY Change	8.85%	48.11%
Total Long-Term Assets	$287.6M	$216.5M
YoY Change	32.88%	95.55%
TOTAL ASSETS
Total Short-Term Assets	$1.227B	$994.0M
Total Long-Term Assets	$287.6M	$216.5M
Total Assets	$1.514B	$1.210B
YoY Change	25.12%	70.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$33.87M	$37.32M
YoY Change	-9.26%	39.78%
Accrued Expenses	$35.87M	$21.90M
YoY Change	63.76%	41.31%
Deferred Revenue
YoY Change
Short-Term Debt	$762.0M	$571.2M
YoY Change	33.4%	61.17%
Long-Term Debt Due	$10.20M	$4.600M
YoY Change	121.74%	-43.21%
Total Short-Term Liabilities	$873.1M	$660.4M
YoY Change	32.2%	48.75%
LONG-TERM LIABILITIES
Long-Term Debt	$184.9M	$145.0M
YoY Change	27.52%	338.07%
Other Long-Term Liabilities	$8.970M	$2.087M
YoY Change	329.8%	-16.52%
Total Long-Term Liabilities	$241.6M	$186.0M
YoY Change	29.9%	422.47%
TOTAL LIABILITIES
Total Short-Term Liabilities	$873.1M	$660.4M
Total Long-Term Liabilities	$241.6M	$186.0M
Total Liabilities	$1.115B	$846.4M
YoY Change	31.7%	72.99%
SHAREHOLDERS EQUITY
Retained Earnings	$160.3M	$125.8M
YoY Change	27.38%
Common Stock	$237.3M	$234.7M
YoY Change	1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$396.6M	$360.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.514B	$1.210B
YoY Change	25.12%	70.13%

Cashflow Statement

Concept	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	-$414.0K	$7.597M
YoY Change	-105.45%	4.53%
Depreciation, Depletion And Amortization	$5.869M	$4.927M
YoY Change	19.12%	86.49%
Cash From Operating Activities	-$6.300M	-$24.90M
YoY Change	-74.7%	408.16%
INVESTING ACTIVITIES
Capital Expenditures	$5.454M	$1.725M
YoY Change	216.17%	-5.38%
Acquisitions	$4.848M	$8.396M
YoY Change	-42.26%	19.28%
Other Investing Activities	-$771.0K	-$11.00K
YoY Change	6909.09%	175.0%
Cash From Investing Activities	-$9.600M	-$26.30M
YoY Change	-63.5%	202.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$3.405M	$47.81M
YoY Change	-92.88%	1097.25%
Cash From Financing Activities	5.900M	77.90M
YoY Change	-92.43%	307.85%
NET CHANGE
Cash From Operating Activities	-6.300M	-24.90M
Cash From Investing Activities	-9.600M	-26.30M
Cash From Financing Activities	5.900M	77.90M
Net Change In Cash	-10.00M	26.70M
YoY Change	-137.45%	385.45%
FREE CASH FLOW
Cash From Operating Activities	-$6.300M	-$24.90M
Capital Expenditures	$5.454M	$1.725M
Free Cash Flow	-$11.75M	-$26.63M
YoY Change	-55.85%	296.03%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	250120000	USD
CY2013Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	60815000	USD
CY2013Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	55479000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	230049000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	194641000	USD
CY2013Q2	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-size:10.0pt;font-family:Times New Roman;"> <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;"> </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, collectability of receivables, and income taxes.</font></p> </div>
CY2013Q2	dei	Entity Registrant Name EntityRegistrantName	Titan Machinery Inc.
CY2013Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001409171
CY2013Q2	dei	Document Type DocumentType	10-Q
CY2013Q2	dei	Document Period End Date DocumentPeriodEndDate	2013-04-30
CY2013Q2	dei	Amendment Flag AmendmentFlag	false
CY2013Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--01-31
CY2013Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013Q2	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	21103249	shares
CY2013Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2013Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q2	titn	Inventory New Equipment Net Of Reserves InventoryNewEquipmentNetOfReserves	608349000	USD
CY2013Q2	titn	Inventory Used Equipment Net Of Reserves InventoryUsedEquipmentNetOfReserves	273375000	USD
CY2013Q2	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	110428000	USD
CY2013Q2	titn	Inventory Work In Process Net Of Adjustments InventoryWorkInProcessNetOfAdjustments	9075000	USD
CY2013Q2	us-gaap	Inventory Net InventoryNet	1001227000	USD
CY2013Q1	titn	Inventory New Equipment Net Of Reserves InventoryNewEquipmentNetOfReserves	542180000	USD
CY2013Q1	titn	Inventory Used Equipment Net Of Reserves InventoryUsedEquipmentNetOfReserves	275626000	USD
CY2013Q1	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	103456000	USD
CY2013Q1	titn	Inventory Work In Process Net Of Adjustments InventoryWorkInProcessNetOfAdjustments	7954000	USD
CY2013Q1	us-gaap	Inventory Net InventoryNet	929216000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	290864000	USD
CY2013Q2	us-gaap	Revenues Revenues	441674000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-997000	USD
CY2013Q2	us-gaap	Assets Assets	1514476000	USD
CY2013Q1	us-gaap	Assets Assets	1444074000	USD
CY2012Q2	us-gaap	Revenues Revenues	421723000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	12350000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Current Assets Cash And Cash Equivalents BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents	2000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Current Assets Receivables BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables	270000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Current Assets Inventory BusinessAcquisitionPurchasePriceAllocationCurrentAssetsInventory	2658000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Property Plant And Equipment BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment	2119000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill	182000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Goodwill Amount BusinessAcquisitionPurchasePriceAllocationGoodwillAmount	71000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Assets Acquired BusinessAcquisitionPurchasePriceAllocationAssetsAcquired	5302000	USD
CY2013Q2	titn	Business Acquisition Purchase Price Allocation Current Liabilities Customer Deposits BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesCustomerDeposits	4000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Liabilities Assumed BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed	4000	USD
CY2013Q2	us-gaap	Business Acquisition Cost Of Acquired Entity Cash Paid BusinessAcquisitionCostOfAcquiredEntityCashPaid	4850000	USD
CY2013Q2	us-gaap	Business Acquisition Cost Of Acquired Entity Liabilities Incurred BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred	448000	USD
CY2013Q2	us-gaap	Business Acquisition Cost Of Acquired Entity Purchase Price BusinessAcquisitionCostOfAcquiredEntityPurchasePrice	5298000	USD
CY2013Q2	us-gaap	Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount	71000	USD
CY2013Q1	titn	Floorplan Notes Payable FloorplanNotesPayable	689410000	USD
CY2013Q2	titn	Floorplan Notes Payable FloorplanNotesPayable	761978000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-414000	USD
CY2013Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	-5000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-409000	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	7597000	USD
CY2012Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	70000	USD
CY2012Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7527000	USD
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20854000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20854000	shares
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20723000	shares
CY2012Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	239000	shares
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20962000	shares
CY2012Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.36
CY2012Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.36
CY2013Q2	us-gaap	Cash Cash	114252000	USD
CY2013Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	86019000	USD
CY2013Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9786000	USD
CY2013Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	7384000	USD
CY2013Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	8170000	USD
CY2013Q2	us-gaap	Assets Current AssetsCurrent	1226838000	USD
CY2013Q1	us-gaap	Cash Cash	124360000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-324000	USD
CY2013Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	121786000	USD
CY2013Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	8178000	USD
CY2013Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	503000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	8357000	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	1192400000	USD
CY2013Q2	us-gaap	Inventory Noncurrent InventoryNoncurrent	3900000	USD
CY2013Q2	us-gaap	Goodwill Goodwill	30944000	USD
CY2013Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14200000	USD
CY2013Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	8545000	USD
CY2013Q2	titn	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	57589000	USD
CY2013Q1	us-gaap	Inventory Noncurrent InventoryNoncurrent	3507000	USD
CY2013Q1	us-gaap	Goodwill Goodwill	30903000	USD
CY2013Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14089000	USD
CY2013Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	8534000	USD
CY2013Q1	titn	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	57033000	USD
CY2013Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	33867000	USD
CY2013Q2	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	10151000	USD
CY2013Q2	us-gaap	Customer Advances Current CustomerAdvancesCurrent	31260000	USD
CY2013Q1	us-gaap	Customer Advances Current CustomerAdvancesCurrent	46775000	USD
CY2013Q2	us-gaap	Liabilities Current LiabilitiesCurrent	873125000	USD
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	28282000	USD
CY2013Q1	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	10568000	USD
CY2013Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	35869000	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	29590000	USD
CY2013Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	310000	USD
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	804935000	USD
CY2013Q2	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	126446000	USD
CY2013Q2	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	58480000	USD
CY2013Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	47723000	USD
CY2013Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	8970000	USD
CY2013Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	241619000	USD
CY2013Q1	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	125666000	USD
CY2013Q1	us-gaap	Long Term Notes And Loans LongTermNotesAndLoans	56592000	USD
CY2013Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	47411000	USD
CY2013Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	9551000	USD
CY2013Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	239220000	USD
CY2013Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	237263000	USD
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	160310000	USD
CY2013Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-926000	USD
CY2013Q2	us-gaap	Minority Interest MinorityInterest	3085000	USD
CY2013Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	399732000	USD
CY2013Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1514476000	USD
CY2013Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	236521000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	160724000	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-735000	USD
CY2013Q1	us-gaap	Minority Interest MinorityInterest	3409000	USD
CY2013Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	399919000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1444074000	USD
CY2013Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2013Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	45000000	shares
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	45000000	shares
CY2013Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21103000	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21092000	shares
CY2013Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21103000	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21092000	shares
CY2013Q2	titn	Sales Revenue Equipment SalesRevenueEquipment	334745000	USD
CY2012Q2	titn	Sales Revenue Equipment SalesRevenueEquipment	322528000	USD
CY2013Q2	titn	Sales Revenue Parts SalesRevenueParts	62837000	USD
CY2012Q2	titn	Sales Revenue Parts SalesRevenueParts	58844000	USD
CY2013Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	31998000	USD
CY2012Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	29752000	USD
CY2013Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	12094000	USD
CY2012Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	10599000	USD
CY2013Q2	titn	Cost Of Equipment Sold CostOfEquipmentSold	303823000	USD
CY2012Q2	titn	Cost Of Equipment Sold CostOfEquipmentSold	292085000	USD
CY2013Q2	titn	Cost Of Parts Sold CostOfPartsSold	44711000	USD
CY2012Q2	titn	Cost Of Parts Sold CostOfPartsSold	40653000	USD
CY2013Q2	us-gaap	Cost Of Services CostOfServices	11363000	USD
CY2012Q2	us-gaap	Cost Of Services CostOfServices	10363000	USD
CY2013Q2	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	7829000	USD
CY2012Q2	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	8213000	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	367726000	USD
CY2012Q2	us-gaap	Cost Of Revenue CostOfRevenue	351314000	USD
CY2013Q2	us-gaap	Gross Profit GrossProfit	73948000	USD
CY2012Q2	us-gaap	Gross Profit GrossProfit	70409000	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	68933000	USD
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	54856000	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	5015000	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	15553000	USD
CY2013Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	597000	USD
CY2012Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	488000	USD
CY2013Q2	titn	Floorplan Interest Expense FloorplanInterestExpense	3442000	USD
CY2012Q2	titn	Floorplan Interest Expense FloorplanInterestExpense	2898000	USD
CY2013Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	3167000	USD
CY2012Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	793000	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-394000	USD
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4891000	USD
CY2013Q2	us-gaap	Profit Loss ProfitLoss	-603000	USD
CY2012Q2	us-gaap	Profit Loss ProfitLoss	7459000	USD
CY2013Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-189000	USD
CY2012Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-138000	USD
CY2013Q2	us-gaap	Common Stock Value CommonStockValue		USD
CY2013Q1	us-gaap	Common Stock Value CommonStockValue		USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-797000	USD
CY2012Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	249000	USD
CY2013Q2	us-gaap	Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax	471000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-326000	USD
CY2012Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	249000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-605000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	7779000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	7708000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	314000	USD
CY2013Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5869000	USD
CY2013Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	171000	USD
CY2013Q2	us-gaap	Share Based Compensation ShareBasedCompensation	470000	USD
CY2013Q2	us-gaap	Paid In Kind Interest PaidInKindInterest	1108000	USD
CY2013Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-619000	USD
CY2012Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4927000	USD
CY2012Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	114000	USD
CY2012Q2	us-gaap	Share Based Compensation ShareBasedCompensation	358000	USD
CY2012Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	101000	USD
CY2013Q2	titn	Increase Decrease In Receivable Prepaid Expense And Other Assets IncreaseDecreaseInReceivablePrepaidExpenseAndOtherAssets	-34587000	USD
CY2013Q2	titn	Increase Decrease In Inventory IncreaseDecreaseInInventory	42274000	USD
CY2013Q2	titn	Increase Decrease In Floorplan Notes Payable IncreaseDecreaseInFloorplanNotesPayable	5541000	USD
CY2012Q2	titn	Increase Decrease In Receivable Prepaid Expense And Other Assets IncreaseDecreaseInReceivablePrepaidExpenseAndOtherAssets	-27590000	USD
CY2012Q2	titn	Increase Decrease In Inventory IncreaseDecreaseInInventory	40396000	USD
CY2012Q2	titn	Increase Decrease In Floorplan Notes Payable IncreaseDecreaseInFloorplanNotesPayable	-2111000	USD
CY2013Q2	titn	Increase Decrease In Accounts Payable Customer Deposits Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccountsPayableCustomerDepositsAccruedLiabilitiesAndOtherOperatingLiabilities	-4612000	USD
CY2012Q2	titn	Increase Decrease In Accounts Payable Customer Deposits Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccountsPayableCustomerDepositsAccruedLiabilitiesAndOtherOperatingLiabilities	-26240000	USD
CY2013Q2	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-7195000	USD
CY2012Q2	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	3373000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-6319000	USD
CY2013Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	329000	USD
CY2012Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	16233000	USD
CY2013Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5454000	USD
CY2012Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1725000	USD
CY2013Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	237000	USD
CY2012Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	61000	USD
CY2013Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	4848000	USD
CY2012Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	8396000	USD
CY2013Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-771000	USD
CY2012Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-11000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-9623000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-26282000	USD
CY2012Q2	titn	Proceeds From Convertible Debt Net Of Issuance Costs ProceedsFromConvertibleDebtNetOfIssuanceCosts	145247000	USD
CY2013Q2	titn	Change In Non Manufacturer Floorplan Notes Payable ChangeInNonManufacturerFloorplanNotesPayable	8408000	USD
CY2012Q2	titn	Change In Non Manufacturer Floorplan Notes Payable ChangeInNonManufacturerFloorplanNotesPayable	-22669000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1300000	USD
CY2013Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3405000	USD
CY2012Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	47806000	USD
CY2012Q2	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	2464000	USD
CY2013Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	272000	USD
CY2012Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-612000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	5940000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	77924000	USD
CY2013Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-106000	USD
CY2012Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	86000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-10108000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	26875000	USD
CY2013Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	6486000	USD
CY2012Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1165000	USD
CY2013Q2	us-gaap	Interest Paid Net InterestPaidNet	4405000	USD
CY2012Q2	us-gaap	Interest Paid Net InterestPaidNet	3556000	USD
CY2013Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	4285000	USD
CY2012Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	10514000	USD
CY2013Q2	titn	Net Transfer Of Equipment To From Fixed Assets From To Inventories NetTransferOfEquipmentToFromFixedAssetsFromToInventories	30122000	USD
CY2012Q2	titn	Net Transfer Of Equipment To From Fixed Assets From To Inventories NetTransferOfEquipmentToFromFixedAssetsFromToInventories	15966000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	124360000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	79842000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	114252000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	106717000	USD
CY2013Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	150000000	USD
CY2013Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	150000000	USD
CY2012Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4753000	USD
CY2013Q2	titn	Stock Issued During Period Value Of Restricted Stock Award Stock Options Exercised Warrants Exercised And Tax Benefits Of Equity Awards StockIssuedDuringPeriodValueOfRestrictedStockAwardStockOptionsExercisedWarrantsExercisedAndTaxBenefitsOfEquityAwards	272000	USD
CY2013Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	470000	USD
CY2012Q2	us-gaap	Paid In Kind Interest PaidInKindInterest	174000	USD
CY2013Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	item

Files In Submission

Name	View Source	Status
0001104659-13-047431-index-headers.html	Edgar Link	pending
0001104659-13-047431-index.html	Edgar Link	pending
0001104659-13-047431.txt	Edgar Link	pending
0001104659-13-047431-xbrl.zip	Edgar Link	pending
a13-12290_110q.htm	Edgar Link	pending
a13-12290_1ex31d1.htm	Edgar Link	pending
a13-12290_1ex31d2.htm	Edgar Link	pending
a13-12290_1ex32d1.htm	Edgar Link	pending
a13-12290_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
titn-20130430.xml	Edgar Link	completed
titn-20130430.xsd	Edgar Link	pending
titn-20130430_cal.xml	Edgar Link	unprocessable
titn-20130430_def.xml	Edgar Link	unprocessable
titn-20130430_lab.xml	Edgar Link	unprocessable
titn-20130430_pre.xml	Edgar Link	unprocessable

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$TITN
Titan Machinery Inc. Stock $titn

2013 Q2 Form 10-Q Financial Statement

#000110465913047431 Filed on June 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TITN Titan Machinery Inc. Stock $titn

2013 Q2 Form 10-Q Financial Statement

#000110465913047431 Filed on June 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TITN
Titan Machinery Inc. Stock $titn