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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Earnings per share (EPS) were as follows (amounts in thousands, except per share data):
| Three months ended |  | Six months ended
| June 30, |  | June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Net income attributable to Titan and applicable to common shareholders | $ | 30,207 |  |  | $ | 67,171 |  |  | $ | 62,045 |  |  | $ | 91,093 |
Determination of shares: |  |  |  |  |  |  |
Weighted average shares outstanding (basic) | 62,931 |  |  | 62,671 |  |  | 62,918 |  |  | 63,262 |
Effect of restricted stock and stock options | 303 |  |  | 550 |  |  | 486 |  |  | 511 |
Weighted average shares outstanding (diluted) | $ | 63,234 |  |  | $ | 63,221 |  |  | $ | 63,404 |  |  | $ | 63,773 |
Earnings per common share: |  |  |  |  |  |  |
Basic | $ | 0.48 |  |  | $ | 1.07 |  |  | $ | 0.99 |  |  | $ | 1.44 |
Diluted | $ | 0.48 |  |  | $ | 1.06 |  |  | $ | 0.98 |  |  | $ | 1.43 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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