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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 357,501 $ 321,794
Cost of sales 317,772 293,497
Gross profit (loss) 39,729 28,297
Selling, general & administrative expenses 41,338 35,062
Research and development expenses 2,843 2,479
Royalty expense 2,609 2,294
Operating Income (Loss) (7,061) (11,538)
Interest expense (7,721) (8,512)
Foreign exchange gain 4,490 4,823
Other income 3,149 3,905
Loss before income taxes (7,143) (11,322)
Provision for income taxes 3,442 1,004
Net loss (10,585) (12,326)
Net income attributable to noncontrolling interests 868 417
Net loss attributable to Titan (11,453) (12,743)
Noncontrolling Interest, Change in Redemption Value (941) 5,208
Net loss Available to Common Stockholders, Basic $ (10,512) $ (17,951)
Earnings (loss) per common share:    
Basic (in dollars per share) $ (0.18) $ (0.33)
Diluted (in dollars per share) $ (0.18) $ (0.33)
Average common shares outstanding:    
Basic (in shares) 58,572 53,854
Diluted (in shares) 58,572 53,854
Dividends declared per common share: $ 0.005 $ 0.005