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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2018
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
 
March 31,
 
2018
 
2017
 
 
 
 
Net income (loss) attributable to Titan
$
16,365

 
$
(11,453
)
   Redemption value adjustment
(2,343
)
 
941

Net income (loss) applicable to common shareholders
$
14,022

 
$
(10,512
)
Determination of shares:
 
 
 
   Weighted average shares outstanding (basic)
59,711

 
58,572

   Effect of stock options/trusts
166

 
—

   Weighted average shares outstanding (diluted)
59,876

 
58,572

Earnings per share:
 
 
 
   Basic and diluted
0.23

 
(0.18
)

The effect of stock options, shares held by certain trusts, and convertible notes has been excluded from the calculation of EPS for the three months ended March 31, 2017, 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 the three months ended March 31, 2017. The weighted average share amount excluded for convertible notes totaled 1.0 million shares for the three months ended March 31, 2017.