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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Earnings per share (EPS) were as follows (amounts in thousands, except per share data):
 
Three months ended
 
March 31, 2014
 
March 31, 2013
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
2,163

 
53,470

 
$
0.04

 
$
19,475

 
51,816

 
$
0.38

   Effect of stock options/trusts

 
304

 
 

 

 
299

 
 

   Effect of convertible notes

 

 
 
 
772

 
7,527

 
 
Diluted earnings per share
$
2,163

 
53,774

 
$
0.04

 
$
20,247

 
59,642

 
$
0.34


 
 
 
 
 
 
 
 
 
 
 
 

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

The effect of convertible notes has been excluded for the three months ended March 31, 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 5.8 million shares.