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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 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
| June 30, 2014 |  | June 30, 2013
| Titan Net loss |  | Weighted- average shares |  | Per share amount |  | Titan Net income |  | Weighted- average shares |  | Per share amount
Basic earnings per share | $ | (20,511 | ) |  | 53,486 |  |  | $ | (0.38 | ) |  | $ | 23,217 |  |  | 53,426 |  |  | $ | 0.43 |
Effect of stock options/trusts | — |  |  | — |  |  |  |  |  | — |  |  | 280 |  |  |  |
Effect of convertible notes | — |  |  | — |  |  |  |  | 609 |  |  | 5,798 |  |  |
Diluted earnings per share | $ | (20,511 | ) |  | 53,486 |  |  | $ | (0.38 | ) |  | $ | 23,826 |  |  | 59,504 |  |  | $ | 0.40 |
| Six months ended
| June 30, 2014 |  | June 30, 2013
| Titan Net income |  | Weighted- average shares |  | Per share amount |  | Titan Net income |  | Weighted- average shares |  | Per share amount
Basic earnings per share | $ | (18,348 | ) |  | 53,478 |  |  | $ | (0.34 | ) |  | $ | 42,692 |  |  | 52,625 |  |  | $ | 0.81 |
Effect of stock options/trusts | — |  |  | — |  |  |  |  |  | — |  |  | 290 |  |  |  |
Effect of convertible notes | — |  |  | — |  |  |  |  | 1,381 |  |  | 6,612 |  |  |
Diluted earnings per share | $ | (18,348 | ) |  | 53,478 |  |  | $ | (0.34 | ) |  | $ | 44,073 |  |  | 59,527 |  |  | $ | 0.74 |
The effect of stock options/trusts has been excluded for the three and six months ended June 30, 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 0.3 million shares. The effect of convertible notes has been excluded for the three months and six months ended June 30, 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 5.8 million shares.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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