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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2015
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 |  | Nine months ended
| September 30, |  | September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
|  |  | (As restated) |  |  |  | (As restated)
Net loss attributable to Titan | $ | (31,476 | ) |  | $ | (9,067 | ) |  | $ | (24,473 | ) |  | $ | (27,415 | )
Redemption value adjustment | (11,051 | ) |  | (16,330 | ) |  | (11,401 | ) |  | (18,007 | )
Net loss applicable to common shareholders | $ | (42,527 | ) |  | $ | (25,397 | ) |  | $ | (35,874 | ) |  | $ | (45,422 | )
Determination of Shares: |  |  |  |  |  |  |
Weighted average shares outstanding (basic and diluted) | 53,707 |  |  | 53,497 |  |  | 53,685 |  |  | 53,484 |
Earnings per share: |  |  |  |  |  |  |
Basic and diluted | (0.79 | ) |  | (0.47 | ) |  | (0.67 | ) |  | (0.85 | )
The effect of stock options/trusts has been excluded for the three and nine months ended September 30, 2015 and 2014, as the effect would have been antidilutive. The weighted average share amount excluded was 0.2 million for the three and nine months ended September 30, 2015. For the three and nine months ended September 30, 2014 the weighted average share amount excluded was 0.2 million and 0.3 million, respectively. The effect of convertible notes has been excluded for the three and nine months ended September 30, 2015 and 2014, as the effect would have been antidilutive. The weighted average share amount excluded for convertible notes totaled 5.6 million shares for the three and nine months ended September 30, 2015 and 2014 .

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