EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2013

Earnings per share (EPS) were as follows (amounts in thousands, except per share data):



	Three months ended
	June 30, 2013					June 30, 2012
	Titan Net income		Weighted- average shares	Per share amount		Titan Net income		Weighted- average shares	Per share amount
Basic earnings per share	$	23,217	53,426	$	0.43	$	44,056	42,158	$	1.05
Effect of stock options/trusts	—		280			—		270
Effect of convertible notes	609		5,798			1,143		11,088
Diluted earnings per share	$	23,826	59,504	$	0.40	$	45,199	53,516	$	0.84



	Six months ended
	June 30, 2013					June 30, 2012
	Titan Net income		Weighted- average shares	Per share amount		Titan Net income		Weighted- average shares	Per share amount
Basic earnings per share	$	42,692	52,625	$	0.81	$	79,475	42,132	$	1.89
Effect of stock options/trusts	—		290			—		272
Effect of convertible notes	1,381		6,612			2,286		11,088
Diluted earnings per share	$	44,073	59,527	$	0.74	$	81,761	53,492	$	1.53

There were no stock options/trusts or convertible notes that were antidilutive for the periods presented.

The entire disclosure for earnings per share.