EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2021

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


	Three months ended				Six months ended
	June 30,				June 30,
	2021		2020		2021		2020

Net (loss) income attributable to Titan	$	(2,773)	$	(5,045)	$	10,801	$	(30,531)
Redemption value adjustment	—		—		—		—
Net (loss) income applicable to common shareholders	$	(2,773)	$	(5,045)	$	10,801	$	(30,531)


Determination of shares:
Weighted average shares outstanding (basic)	61,717		60,602		61,592		60,481
Effect of equity awards	—		—		888		—
Weighted average shares outstanding (diluted)	61,717		60,602		62,480		60,481
Earnings per share:
Basic	$	(0.04)	$	(0.08)	$	0.18	$	(0.50)
Diluted	$	(0.04)	$	(0.08)	$	0.17	$	(0.50)

The effect of equity awards has been excluded for the three months ended June 30, 2021, as well as, for the three and six months ended June 30, 2020, as the effect would have been antidilutive. The weighted average share amount excluded for equity awards for the three months ended June 30, 2021 was 0.9 million, and for the three and six months ended June 30, 2020 was 0.1 million and 0.1 million, respectively.