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EARNINGS PER SHARE
 9 Months Ended
Sep. 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
 
Nine months ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
Net income (loss) attributable to Titan
$
2,295

 
$
(12,018
)
 
$
28,378

 
$
(29,764
)
   Redemption value adjustment
(4,045
)
 
(882
)
 
(11,066
)
 
(3,981
)
Net income (loss) applicable to common shareholders
$
(1,750
)
 
$
(12,900
)
 
$
17,312

 
$
(33,745
)
Determination of shares:
 
 
 
 
 
 
 
   Weighted average shares outstanding (basic)
59,897

 
59,600

 
59,787

 
59,247

   Effect of stock options/trusts
—

 
—

 
106

 
—

   Weighted average shares outstanding (diluted)
59,897

 
59,600

 
59,893

 
59,247

Earnings per share:
 
 
 
 
 
 
 
   Basic and diluted
(0.03
)
 
(0.22
)
 
0.29

 
(0.57
)

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 September 30, 2018, and the three and nine months ended September 30, 2017, as the effect would have been antidilutive. The weighted average share amount excluded for stock options was 0.0 million for the three months ended September 30, 2018. 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. The weighted average share amount excluded for convertible notes totaled 0.3 million shares for the nine months ended September 30, 2017.