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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue from Contract with Customer, Excluding Assessed Tax $ 482,209 $ 548,644
Cost of sales 404,839 453,087
Gross profit 77,370 95,557
Selling, general and administrative expenses 39,420 34,472
Business Combination, Acquisition Related Costs 6,196 0
Research and development expenses 3,654 3,014
Royalty expense 3,028 2,935
Income (loss) from operations 25,072 55,136
Interest expense, net (5,492) (6,492)
Foreign exchange loss (275) (1,760)
Other income 405 762
Income before income taxes 19,710 47,646
Provision for income taxes 9,736 14,216
Net income 9,974 33,430
Net income attributable to noncontrolling interests 773 1,592
Net income attributable to Titan and applicable to common shareholders $ 9,201 $ 31,838
Earnings per common share:    
Basic $ 0.14 $ 0.51
Diluted $ 0.14 $ 0.50
Average common shares and equivalents outstanding:    
Basic 64,928 62,905
Diluted 65,704 63,621