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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue from Contract with Customer, Excluding Assessed Tax $ 450,382 $ 304,772 $ 1,292,539 $ 932,405
Cost of sales 390,090 273,455 1,117,512 840,391
Asset Impairment Cost 0 0 0 3,586
Gross profit 60,292 31,317 175,027 88,428
Selling, general and administrative expenses 32,217 33,451 98,811 93,849
Research and development expenses 2,370 2,240 7,451 6,782
Royalty expense 2,805 2,434 7,915 7,309
Income (loss) from operations 22,900 (6,808) 60,850 (19,512)
Interest expense (7,818) (7,251) (23,939) (23,076)
Gain (Loss) on Repurchase of Debt Instrument 0 0 (16,020) 0
Foreign exchange gain (loss) 416 (1,336) 9,125 (9,742)
Other income 648 2,283 1,512 9,111
Income (loss) before income taxes 16,146 (13,112) 31,528 (43,219)
Provision for income taxes 5,342 342 9,927 2,377
Net income (loss) 10,804 (13,454) 21,601 (45,596)
Net loss attributable to noncontrolling interests (383) (811) (387) (2,422)
Net income (loss) attributable to Titan and applicable to common shareholders 11,187 (12,643) 21,988 (43,174)
Net income (loss) applicable to common shareholders $ 11,187 $ (12,643) $ 21,988 $ (43,174)
Earnings per common share:        
Basic $ 0.18 $ (0.21) $ 0.36 $ (0.71)
Diluted $ 0.18 $ (0.21) $ 0.35 $ (0.71)
Average common shares and equivalents outstanding:        
Basic 62,340 60,926 61,844 60,630
Diluted 62,601 60,926 62,523 60,630
Dividends declared per common share: $ 0 $ 0 $ 0 $ 0.005
Other Nonoperating Income $ 243 $ 1,222   $ 2,046