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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Earnings per share (EPS) were as follows (amounts in thousands, except per share data):
 
Three months ended
 
September 30, 2013
 
September 30, 2012
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
8,093

 
53,440

 
$
0.15

 
$
19,579

 
42,180

 
$
0.46

   Effect of stock options/trusts

 
207

 
 

 

 
237

 
 

   Effect of convertible notes
610

 
5,744

 
 
 
1,143

 
10,909

 
 
Diluted earnings per share
$
8,703

 
59,391

 
$
0.15

 
$
20,722

 
53,326

 
$
0.39



 
Nine months ended
 
September 30, 2013
 
September 30, 2012
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
50,785

 
52,900

 
$
0.96

 
$
99,054

 
42,148

 
$
2.35

   Effect of stock options/trusts

 
265

 
 

 

 
258

 
 

   Effect of convertible notes
1,991

 
6,279

 
 
 
3,429

 
10,909

 
 
Diluted earnings per share
$
52,776

 
59,444

 
$
0.89

 
$
102,483

 
53,315

 
$
1.92