2019 Q4 Form 10-Q Financial Statement

#000089975119000075 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $301.8M $345.9M $363.4M
YoY Change -16.95% -10.09% -3.36%
Cost Of Revenue $285.8M $318.8M $328.9M
YoY Change -13.1% -6.51% -0.78%
Gross Profit $18.33M $27.10M $36.69M
YoY Change -50.03% -37.99% 2.05%
Gross Profit Margin 6.07% 7.83% 10.1%
Selling, General & Admin $31.10M $34.95M $32.50M
YoY Change -4.31% 3.69% -7.41%
% of Gross Profit 169.65% 128.98% 88.58%
Research & Development $2.400M $2.309M $2.900M
YoY Change -17.24% -10.88% 20.83%
% of Gross Profit 13.09% 8.52% 7.9%
Depreciation & Amortization $13.10M $13.50M $14.20M
YoY Change -7.75% 2.27% -1.39%
% of Gross Profit 71.46% 49.82% 38.7%
Operating Expenses $33.50M $37.26M $35.40M
YoY Change -5.37% 2.65% -5.6%
Operating Profit -$15.17M -$12.62M $1.289M
YoY Change -1276.73% -361.58% -183.32%
Interest Expense -$6.400M $8.164M -$10.40M
YoY Change -38.46% 7.48% -59.69%
% of Operating Profit -806.83%
Other Income/Expense, Net $800.0K $5.259M $200.0K
YoY Change 300.0% -29.29% -111.11%
Pretax Income -$23.10M -$17.98M -$11.10M
YoY Change 108.11% -425.78% -63.61%
Income Tax $2.700M $2.064M $3.000M
% Of Pretax Income
Net Earnings -$24.84M -$19.14M -$12.29M
YoY Change 102.06% -934.16% -59.41%
Net Earnings / Revenue -8.23% -5.53% -3.38%
Basic Earnings Per Share -$0.41 -$0.33 -$0.23
Diluted Earnings Per Share -$0.41 -$0.33 -$0.23
COMMON SHARES
Basic Shares Outstanding 60.29M shares 60.16M shares 59.92M shares
Diluted Shares Outstanding 60.16M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.80M $78.60M $81.70M
YoY Change -18.24% -18.8% -43.11%
Cash & Equivalents $66.80M $78.60M $81.69M
Short-Term Investments
Other Short-Term Assets $342.0K $80.70M $5.318M
YoY Change -93.57% 21.17% -2.9%
Inventory $333.4M $351.9M $395.7M
Prepaid Expenses $27.74M $26.01M
Receivables $185.2M $221.2M $241.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $651.5M $732.4M $779.5M
YoY Change -16.42% -8.98% -0.47%
LONG-TERM ASSETS
Property, Plant & Equipment $367.6M $366.1M $384.9M
YoY Change -4.49% -4.9% -8.64%
Goodwill
YoY Change
Intangibles $9.766M $9.968M $11.65M
YoY Change -16.15% -19.86% -23.75%
Long-Term Investments $0.00 $0.00 $0.00
YoY Change
Other Assets $69.00M $91.09M $84.03M
YoY Change -17.88% 7.9% 2.61%
Total Long-Term Assets $95.25M $457.2M $86.90M
YoY Change 9.6% -2.6% 1.44%
TOTAL ASSETS
Total Short-Term Assets $651.5M $732.4M $779.5M
Total Long-Term Assets $95.25M $457.2M $86.90M
Total Assets $1.114B $1.190B $1.251B
YoY Change -10.94% -6.63% -3.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $158.6M $182.3M $212.1M
YoY Change -25.21% -12.44% 8.51%
Accrued Expenses $6.700M $6.900M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $61.30M $65.40M $51.89M
YoY Change 18.15% 30.02% 18.86%
Total Short-Term Liabilities $327.2M $365.9M $375.1M
YoY Change -12.78% -4.14% 0.58%
LONG-TERM LIABILITIES
Long-Term Debt $438.5M $464.8M $409.6M
YoY Change 7.06% 13.09% 0.59%
Other Long-Term Liabilities $78.03M $78.22M $67.29M
YoY Change 15.95% 25.3% -8.07%
Total Long-Term Liabilities $78.03M $78.22M $476.9M
YoY Change -83.64% 25.3% -0.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $327.2M $365.9M $375.1M
Total Long-Term Liabilities $78.03M $78.22M $476.9M
Total Liabilities $850.3M $916.4M $861.3M
YoY Change -1.28% 5.88% -0.63%
SHAREHOLDERS EQUITY
Retained Earnings -$74.33M -$49.20M -$29.05M
YoY Change 155.9% 198.96% -34.01%
Common Stock $532.1M $533.5M $519.5M
YoY Change 2.42% 2.53% -2.3%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.234M $6.490M $7.831M
YoY Change -45.93% -18.92% -9.01%
Treasury Stock Shares 400.0K shares 548.9K shares 800.0K shares
Shareholders Equity $234.9M $244.2M $279.0M
YoY Change
Total Liabilities & Shareholders Equity $1.114B $1.190B $1.251B
YoY Change -10.94% -6.63% -3.01%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income -$24.84M -$19.14M -$12.29M
YoY Change 102.06% -934.16% -59.41%
Depreciation, Depletion And Amortization $13.10M $13.50M $14.20M
YoY Change -7.75% 2.27% -1.39%
Cash From Operating Activities $14.20M $41.20M -$3.500M
YoY Change -505.71% -1571.43% -125.18%
INVESTING ACTIVITIES
Capital Expenditures -$10.10M -$9.600M -$12.50M
YoY Change -19.2% 18.52% 38.89%
Acquisitions
YoY Change
Other Investing Activities $14.20M -$30.60M $600.0K
YoY Change 2266.67% -5200.0% -300.0%
Cash From Investing Activities $4.000M -$40.10M -$11.90M
YoY Change -133.61% 434.67% 27.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.90M 14.00M 400.0K
YoY Change -8075.0% 566.67% -102.53%
NET CHANGE
Cash From Operating Activities 14.20M 41.20M -3.500M
Cash From Investing Activities 4.000M -40.10M -11.90M
Cash From Financing Activities -31.90M 14.00M 400.0K
Net Change In Cash -13.70M 15.10M -15.00M
YoY Change -8.67% -284.15% 33.93%
FREE CASH FLOW
Cash From Operating Activities $14.20M $41.20M -$3.500M
Capital Expenditures -$10.10M -$9.600M -$12.50M
Free Cash Flow $24.30M $50.80M $9.000M
YoY Change 170.0% 858.49% -60.7%

Facts In Submission

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3599000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5522000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4969000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5407000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14957000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
18727000 USD
CY2019Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
59000000 USD
CY2019Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
59000000 USD
CY2019Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
4876000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
0 USD
CY2019Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
4876000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4259000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
529055000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
64228000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
0 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
64228000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
4259000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
464827000 USD
CY2018Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
2810000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
0 USD
CY2018Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
2810000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4897000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
461457000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
51885000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
0 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
51885000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
4897000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
409572000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
43914000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
22159000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
2810000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
61891000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
401593000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
947000 USD
CY2019Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
125000000 USD
CY2019Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
125000000 USD
CY2019Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
59000000.0 USD
CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
10300000 USD
CY2019Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
37300000 USD
CY2019Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0.0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
900000 USD
CY2018Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
100000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
200000 USD
CY2019Q2 twi Paymentrelatedtoredeemablenoncontrollinginterestagreement
Paymentrelatedtoredeemablenoncontrollinginterestagreement
16000000.0 USD
CY2019Q3 twi Paymentrelatedtoredeemablenoncontrollinginterestagreement
Paymentrelatedtoredeemablenoncontrollinginterestagreement
30700000 USD
CY2019Q2 twi Paymentrelatedtoredeemablenoncontrollinginterestagreement
Paymentrelatedtoredeemablenoncontrollinginterestagreement
16000000.0 USD
CY2019Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.643
CY2019Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
25000000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
119813000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
113193000 USD
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-49883000 USD
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
0 USD
twi Paymentrelatedtoredeemablenoncontrollinginterestagreement
Paymentrelatedtoredeemablenoncontrollinginterestagreement
0 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-819000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1106000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
683000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
-3256000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-1928000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-11066000 USD
CY2019Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
25000000 USD
CY2017Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
119897000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23497000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6871000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17051000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
23922000 USD
CY2019Q3 twi Finance Lease Gross
FinanceLeaseGross
6897000 USD
CY2019Q3 twi Finance Lease Accumulated Depreciation
FinanceLeaseAccumulatedDepreciation
1979000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
4918000 USD
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1145000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3731000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4876000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3255000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
597000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7669000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1318000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5922000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1259000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4297000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1171000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2899000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
911000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4894000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
530000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
28936000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
5786000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5014000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
910000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
23922000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4876000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M24D
us-gaap Operating Lease Payments
OperatingLeasePayments
7300000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1800000 USD
CY2019Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
1000000.0 USD
CY2019Q3 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.643
CY2019Q3 us-gaap Royalty Expense
RoyaltyExpense
2500000 USD
CY2018Q3 us-gaap Royalty Expense
RoyaltyExpense
2600000 USD
us-gaap Royalty Expense
RoyaltyExpense
7500000 USD
us-gaap Royalty Expense
RoyaltyExpense
7900000 USD
CY2019Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
4695000 USD
CY2018Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
0 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
4695000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
0 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
445000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1016000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2294000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3199000 USD
CY2019Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
362000 USD
CY2018Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
381000 USD
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1096000 USD
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1369000 USD
CY2019Q3 us-gaap Interest Income Other
InterestIncomeOther
193000 USD
CY2018Q3 us-gaap Interest Income Other
InterestIncomeOther
456000 USD
us-gaap Interest Income Other
InterestIncomeOther
834000 USD
us-gaap Interest Income Other
InterestIncomeOther
1605000 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-59000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
246000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
708000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
423000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-377000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5338000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1303000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11068000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5259000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7437000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8324000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
17664000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2100000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3700000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.11
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.51
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.03
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.12
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-19144000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
2295000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23590000 USD
us-gaap Net Income Loss
NetIncomeLoss
28378000 USD
CY2019Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-491000 USD
CY2018Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-4045000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-1928000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-11066000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19635000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1750000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25518000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17312000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60161000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59897000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60037000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59787000 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
106000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60161000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59897000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60037000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59893000 shares
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.33
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.29
CY2019Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
6500000 USD
us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
1050000.00 USD
CY2019Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
6500000 USD
CY2019Q3 twi Legal Appeal Bond
LegalAppealBond
6000000.0 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
8357000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
7596000 USD
us-gaap Interest Expense
InterestExpense
24585000 USD
us-gaap Interest Expense
InterestExpense
22786000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-20507000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-20507000 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-1594000 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-1594000 USD
twi Reclassificationof Ct Afrom Redeemable Noncontrollinginterest
ReclassificationofCTAfromRedeemableNoncontrollinginterest
-6203000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2266000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
855000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2218000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7187000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5259000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7437000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8324000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
17664000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17980000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5519000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24953000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30860000 USD
CY2019Q3 us-gaap Assets
Assets
1189602000 USD
CY2018Q4 us-gaap Assets
Assets
1251256000 USD
CY2019Q3 twi Intercompany Interest Expense Income
IntercompanyInterestExpenseIncome
0 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-900000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-19144000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
384719000 USD
twi Reclassificationof Ct Afrom Redeemable Noncontrollinginterest
ReclassificationofCTAfromRedeemableNoncontrollinginterest
-6203000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
-4933000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
-4933000 USD
CY2019Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
900000 USD
CY2018Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1000000.0 USD
CY2019Q3 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
200000 USD
CY2018Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
200000 USD
CY2019Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
400000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1100000 USD
CY2018Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
400000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1400000 USD
CY2019Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.214
CY2019Q2 twi Paymentofinterestonredeemablenoncontrollinginterest
Paymentofinterestonredeemablenoncontrollinginterest
16000000 USD
CY2019Q3 twi Paymentrelatedtoredeemablenoncontrollinginterestagreement
Paymentrelatedtoredeemablenoncontrollinginterestagreement
30700000 USD
CY2019Q3 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.643
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-176290000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
31706000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-207996000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-20011000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-20011000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
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CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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