STOCKHOLDERS EQUITY

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Attributable to Parent [Abstract]

STOCKHOLDERS’ EQUITY

STOCKHOLDERS’ EQUITY

The Company repurchased no Titan common shares in 2015, 2014, or 2013.  The Company has no plans at this time to repurchase any Titan common stock.  The Company records treasury stock using the cost method. Titan paid cash dividends of $.02 per share of common stock for 2015, 2014, and 2013.  Dividends declared totaled $1.1 million, $1.1 million and $1.1 million for 2015, 2014 and 2013, respectively.