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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 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
 
Six months ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
Net income (loss) attributable to Titan
$
5,697

 
$
(6,293
)
 
$
22,062

 
$
(17,746
)
   Redemption value adjustment
(4,678
)
 
(4,040
)
 
(7,021
)
 
(3,099
)
Net income (loss) applicable to common shareholders
$
1,019

 
$
(10,333
)
 
$
15,041

 
$
(20,845
)
Determination of shares:
 
 
 
 
 
 
 
   Weighted average shares outstanding (basic)
59,750

 
59,577

 
59,731

 
59,067

   Effect of stock options/trusts
128

 
—

 
146

 
—

   Weighted average shares outstanding (diluted)
59,878

 
59,577

 
59,877

 
59,067

Earnings per share:
 
 
 
 
 
 
 
   Basic and diluted
0.02

 
(0.17
)
 
0.25

 
(0.35
)

The effect of stock options, shares held by certain trusts, and convertible notes has been excluded from the calculation of EPS for the three and six months ended June 30, 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 each of the three and six months ended June 30, 2017. The weighted average share amount excluded for convertible notes totaled 0.5 million shares for the six months ended June 30, 2017.