EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2020

Earnings per share (EPS) were as follows (amounts in thousands, except per share data):


	Three months ended				Nine months ended
	September 30,				September 30,
	2020		2019		2020		2019

Net loss attributable to Titan	$	(12,643)	$	(19,144)	$	(43,174)	$	(23,590)
Redemption value adjustment	—		(491)		—		(1,928)
Net loss applicable to common shareholders	$	(12,643)	$	(19,635)	$	(43,174)	$	(25,518)


Determination of shares:
Weighted average shares outstanding (basic)	60,926		60,161		60,630		60,037
Effect of equity awards	—		—		—		—
Weighted average shares outstanding (diluted)	60,926		60,161		60,630		60,037
Earnings per share:
Basic and diluted	(0.21)		(0.33)		(0.71)		(0.43)

The effect of equity awards has been excluded for the three and nine months ended September 30, 2020, as the effect would have been antidilutive. The weighted average share amount excluded for equity awards for the three and nine months ended September 30, 2020, was 539 thousand and 261 thousand, respectively.