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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Earnings per share (EPS) were as follows (amounts in thousands, except per share data):

 
Three months ended
 
September 30, 2012
 
September 30, 2011
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
19,579

 
42,180

 
$
0.46

 
$
21,163

 
42,028

 
$
0.50

   Effect of stock options/trusts

 
237

 
 

 

 
238

 
 

   Effect of convertible notes
1,143

 
10,909

 
 
 
1,091

 
10,795

 
 
Diluted earnings per share
$
20,722

 
53,326

 
$
0.39

 
$
22,254

 
53,061

 
$
0.42



 
Nine months ended
 
September 30, 2012
 
September 30, 2011
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
 
Titan Net income
 
Weighted-
average shares
 
Per share
 amount
Basic earnings per share
$
99,054

 
42,148

 
$
2.35

 
$
43,691

 
41,512

 
$
1.05

   Effect of stock options/trusts

 
258

 
 

 

 
287

 
 

   Effect of convertible notes
3,429

 
10,909

 
 
 
3,385

 
11,171

 
 
Diluted earnings per share
$
102,483

 
53,315

 
$
1.92

 
$
47,076

 
52,970

 
$
0.89