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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
 
Earnings per share (EPS) were as follows for the periods presented below (amounts in thousands, except per share data):
 
Three months ended
 
Nine months ended
 
September 30,
 
September 30,
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
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
)
Determination of shares:
 
 
 
 
 
 
 
   Weighted average shares outstanding (basic and diluted)
59,600

 
53,946

 
59,247

 
53,895

Earnings per share:
 
 
 
 
 
 
 
   Basic and diluted
(0.22
)
 
(0.17
)
 
(0.57
)
 
(0.60
)

The effect of stock options, shares held by certain trusts, and convertible notes has been excluded for the nine months ended September 30, 2017 and 2016, as the effect would have been antidilutive. The weighted average share amount excluded for stock options and shares held by certain trusts was 0.2 million for each of the three and nine months ended September 30, 2017, and 0.3 million and 0.2 million for the three and nine months ended September 30, 2016, respectively. The weighted average share amount excluded for convertible notes totaled 0.3 million shares for the nine months ended September 30, 2017, and 5.6 million shares for each of the three and nine months ended and September 30, 2016.