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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 306,195 $ 308,836 $ 958,203 $ 1,086,962
Cost of sales 273,219 282,683 848,264 966,962
Gross profit (loss) 32,976 26,153 109,939 120,000
Selling, general & administrative expenses 36,348 35,512 107,712 109,034
Research and development expenses 2,597 2,982 7,790 8,847
Royalty expense 2,285 2,121 6,688 8,241
Operating Income (Loss) (8,254) (14,462) (12,251) (6,122)
Interest expense (8,714) (8,289) (25,208) (25,687)
Foreign exchange loss 398 (15,333) 7,403 (5,720)
Other income 3,578 755 10,532 6,331
Income (loss) before income taxes (12,992) (37,329) (19,524) (31,198)
Provision (benefit) for income taxes (2,074) 283 2,578 3,194
Net income (loss) (10,918) (37,612) (22,102) (34,392)
Net loss attributable to noncontrolling interests (966) (6,136) (1,099) (9,919)
Net income (loss) attributable to Titan (9,952) (31,476) (21,003) (24,473)
Noncontrolling Interest, Change in Redemption Value 1,367 11,051 8,475 11,401
Net Income (Loss) Available to Common Stockholders, Basic $ (11,319) $ (42,527) $ (29,478) $ (35,874)
Earnings (loss) per common share:        
Basic (in dollars per share) $ (0.21) $ (0.79) $ (0.55) $ (0.67)
Diluted (in dollars per share) $ (0.21) $ (0.79) $ (0.55) $ (0.67)
Average common shares outstanding:        
Basic (in shares) 53,946 53,707 53,895 53,685
Diluted (in shares) 53,946 53,707 53,895 53,685
Dividends declared per common share: $ 0.005 $ 0.005 $ 0.015 $ 0.015