XML 52 R37.htm IDEA: XBRL DOCUMENT

EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2020

Earnings per share for 2020, 2019, and 2018 were as follows (amounts in thousands, except per share data):


	2020		2019		2018
Net (loss) income attributable to Titan	$	(60,388)	$	(48,425)	$	16,087
Redemption value adjustment	—		(1,928)		(12,207)
Net (loss) income applicable to common shareholders	$	(60,388)	$	(50,353)	$	3,880



Determination of Shares:
Weighted average shares outstanding (basic)	60,818		60,100		59,820
Effect of stock options/trusts	—		—		89

Weighted average shares outstanding (diluted)	60,818		60,100		59,909
Earnings per share:
Basic and Diluted	$	(0.99)	$	(0.84)	$	0.06

The effect of stock options/trusts has been excluded for 2020 and 2019, as the effect would have been antidilutive. The weighted average share amount excluded for stock options/trusts was 0.4 million shares and 0.0 million shares for 2020 and 2019, respectively.