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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,259,313 $ 1,448,666 $ 1,602,408
Cost of Goods and Services Sold 1,130,194 1,319,662 1,404,142
Asset Impairment Cost 14,800 0 0
Gross profit 114,319 129,004 198,266
Selling, general and administrative expenses 130,942 137,697 134,789
Research and development expenses 9,013 9,859 11,146
Royalty expense 9,715 9,880 10,087
Loss from operations (35,351) (28,432) 42,244
Interest expense (30,554) (32,004) (28,349)
Loss on senior note repurchase 8,657 0 0
Foreign exchange (loss) gain (11,025) 3,999 (11,179)
Other income 18,799 8,393 17,091
(Loss) income before income taxes (58,131) (48,044) 19,807
Provision for income taxes 6,946 3,475 6,762
Net loss (65,077) (51,519) 13,045
Net loss attributable to noncontrolling interests 4,689 3,094 3,042
Net (loss) income attributable to Titan (60,388) (48,425) 16,087
Redemption value adjustment 0 (1,928) (12,207)
Net (loss) income applicable to common shareholders $ (60,388) $ (50,353) $ 3,880
Earnings (loss) per common share:      
Earnings Per Share, Basic $ (0.99) $ (0.84) $ 0.06
Earnings Per Share, Diluted $ (0.99) $ (0.84) $ 0.06
Average common shares outstanding:      
Basic 60,818 60,100 59,820
Diluted 60,818 60,100 59,909
Dividends declared per common share: $ 0.01 $ 0.02 $ 0.02