EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2021

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
	March 31,
	2021		2020
Net Income (loss) attributable to Titan	$	13,574	$	(25,486)
Redemption value adjustment	—		—
Net Income (loss) applicable to common shareholders	$	13,574	$	(25,486)
Determination of shares:
Weighted average shares outstanding (basic)	61,466		60,360
Effect of equity awards	948		—
Weighted average shares outstanding (diluted)	62,414		60,360
Earnings per share:
Basic and diluted	$	0.22	$	(0.42)

The effect of equity awards has been excluded for the three months ended March 31, 2020, as the effect would have been antidilutive. The weighted average share amount excluded for equity awards for the three months ended March 31, 2020, was 0.1 million.