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Titan International Inc.$6.23$.03.48%

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Income Statement for Titan International Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $1,468.92 $1,265.50 $1,394.77
Cost of Goods Sold $1,310.64 $1,123.02 $1,256.96
Gross Profit $158.28 $142.48 $137.81
       
Research & Development Expense $10.30 $9.97 $11.16
Selling, General, & Admin. Expense $161.16 $153.84 $150.93
Income Before Depreciation ($13.18) ($21.33) ($24.28)
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($9.46) $21.02 $6.31
Interest Expense $30.23 $32.54 $34.03
Pretax Income ($52.88) ($32.86) ($52.01)
       
Provision for Income Taxes $11.20 $3.28 $38.28
Minority Interest ($4.04) ($2.15) ($14.65)
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($64.08) ($36.14) ($90.29)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($60.04) ($33.99) ($75.63)
       
Basic Earnings Per Share ($1.12) ($0.81) ($1.74)
Diluted Earnings Per Share ($1.12) ($0.81) ($1.74)
       
Weighted Average Basic Shares Outstanding 59.34 53.92 53.70
Weighted Average Diluted Shares Outstanding 59.34 53.92 53.70
       
Income Before Non-Recurring Items ($28.95) ($33.99) ($7.09)
Income From Non-Recurring Items ($37.49) ($9.56) ($86.22)
Diluted Earnings Per Share before extras ($0.49) ($0.63) ($0.13)
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $1.19 $1.08 $1.08
Dividend Per Share (common) $0.02 $0.02 $0.02




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