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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 370,988 $ 306,195 $ 1,092,888 $ 958,203
Cost of sales 331,323 271,275 969,932 851,268
Gross profit 39,665 34,920 122,956 106,935
Selling, general and administrative expenses 39,753 36,348 115,553 107,712
Research and development expenses 2,457 2,597 7,908 7,790
Royalty expense 2,596 2,285 7,739 6,688
Loss from operations (5,141) (6,310) (8,244) (15,255)
Interest expense (7,537) (8,714) (22,578) (25,208)
Foreign exchange gain 815 398 48 7,403
Other income 3,041 3,578 8,398 10,532
Loss before income taxes (8,822) (11,048) (22,376) (22,528)
Provision (benefit) for income taxes 2,396 (2,074) 5,964 2,578
Net loss (11,218) (8,974) (28,340) (25,106)
Net income (loss) attributable to noncontrolling interests 800 (966) 1,424 (1,099)
Net loss attributable to Titan (12,018) (8,008) (29,764) (24,007)
Redemption value adjustment 882 1,367 3,981 8,475
Net loss applicable to common shareholders $ (12,900) $ (9,375) $ (33,745) $ (32,482)
Earnings per common share:        
Basic $ (0.22) $ (0.17) $ (0.57) $ (0.60)
Diluted $ (0.22) $ (0.17) $ (0.57) $ (0.60)
Average common shares and equivalents outstanding:        
Basic 59,600 53,946 59,247 53,895
Diluted 59,600 53,946 59,247 53,895
Dividends declared per common share: $ 0.005 $ 0.005 $ 0.015 $ 0.015