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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Earnings per share for 2011, 2010 and 2009, are (amounts in thousands, except per share data):

2011
Titan Net income (loss)
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
58,152

 
41,657

 
$
1.40

Effect of stock options/trusts
—

 
233

 
 

Effect of convertible notes
4,476

 
11,254

 
 
Diluted earnings per share
$
62,628

 
53,144

 
$
1.18

2010
 

 
 

 
 

Basic and diluted loss per share (a)
$
(5,926
)
 
34,896

 
$
(0.17
)
2009
 

 
 

 
 

Basic and diluted loss per share (b)
$
(24,645
)
 
34,708

 
$
(0.71
)

(a)
The effect of stock options/trusts has been excluded as they were anti-dilutive.  The weighted-average share amount excluded for stock options/trusts totaled 495,789 shares.  The effect of convertible notes has not been included as they were anti-dilutive.  The weighted-average share amount excluded for convertible notes totaled 16,764,701 shares.

(b)
The effect of stock options/trusts has been excluded as they were anti-dilutive.  The weighted-average share amount excluded for stock options/trusts totaled 559,110 shares.  The effect of convertible notes has not been included as they were anti-dilutive.  The weighted-average share amount excluded for convertible notes totaled 483,481 shares.