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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 364,399 $ 330,214 $ 721,900 $ 652,008
Cost of sales 320,837 286,496 638,609 579,993
Gross profit (loss) 43,562 43,718 83,291 72,015
Selling, general & administrative expenses 34,463 36,302 75,801 71,364
Research and development expenses 2,608 2,714 5,451 5,193
Royalty expense 2,533 2,109 5,142 4,403
Income (loss) from operations 3,958 2,593 (3,103) (8,945)
Interest expense (7,320) (7,982) (15,041) (16,494)
Foreign exchange gain (5,257) 2,182 (767) 7,005
Other income 2,208 3,049 5,357 6,954
Income (loss) before income taxes (6,411) (158) (13,554) (11,480)
Provision (benefit) for income taxes 126 3,648 3,568 4,652
Net income (loss) (6,537) (3,806) (17,122) (16,132)
Net income (loss) attributable to noncontrolling interests (244) (550) 624 (133)
Net income (loss) attributable to Titan (6,293) (3,256) (17,746) (15,999)
Noncontrolling Interest, Change in Redemption Value 4,040 1,900 3,099 7,108
Net income (loss) Available to Common Stockholders, Basic $ (10,333) $ (5,156) $ (20,845) $ (23,107)
Earnings (loss) per common share:        
Basic (in dollars per share) $ (0.17) $ (0.10) $ (0.35) $ (0.43)
Diluted (in dollars per share) $ (0.17) $ (0.10) $ (0.35) $ (0.43)
Average common shares outstanding:        
Basic (in shares) 59,557 53,884 59,067 53,869
Diluted (in shares) 59,557 53,884 59,067 53,869
Dividends declared per common share: $ 0.005 $ 0.005 $ 0.010 $ 0.010