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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue from Contract with Customer, Excluding Assessed Tax $ 304,772 $ 345,905 $ 932,405 $ 1,146,876
Cost of sales 273,455 318,805 840,391 1,036,204
Asset Impairment Cost 0 0 3,586 0
Gross profit 31,317 27,100 88,428 110,672
Selling, general and administrative expenses 33,451 34,954 93,849 106,605
Research and development expenses 2,240 2,309 6,782 7,470
Royalty expense 2,434 2,453 7,309 7,507
Income (loss) from operations (6,808) (12,616) (19,512) (10,910)
Interest expense (7,251) (8,164) (23,076) (23,751)
Foreign exchange (loss) gain (1,336) (2,266) (9,742) 2,218
Other income 2,283 5,066 9,111 7,490
Loss before income taxes (13,112) (17,980) (43,219) (24,953)
Provision for income taxes 342 2,064 2,377 761
Net loss (13,454) (20,044) (45,596) (25,714)
Net loss attributable to noncontrolling interests (811) (900) (2,422) (2,124)
Net loss attributable to Titan (12,643) (19,144) (43,174) (23,590)
Redemption value adjustment 0 491 0 1,928
Net loss applicable to common shareholders $ (12,643) $ (19,635) $ (43,174) $ (25,518)
Earnings per common share:        
Basic $ (0.21) $ (0.33) $ (0.71) $ (0.43)
Diluted $ (0.21) $ (0.33) $ (0.71) $ (0.43)
Average common shares and equivalents outstanding:        
Basic 60,926 60,161 60,630 60,037
Diluted 60,926 60,161 60,630 60,037
Dividends declared per common share: $ 0 $ 0.005 $ 0.005 $ 0.015
Other Nonoperating Income $ 710   $ 820