CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net sales	$ 523,731	$ 593,291	$ 1,062,671	$ 1,171,678
Cost of sales	466,374	506,636	950,764	988,272
Mining asset impairment and inventory writedown	34,797	0	34,797	0
Gross profit	22,560	86,655	77,110	183,406
Selling, general & administrative expenses	45,008	43,653	91,843	86,096
Research and development expenses	3,189	2,801	6,899	5,503
Royalty expense	3,830	3,295	7,571	7,018
Income (loss) from operations	(29,467)	36,906	(29,203)	84,789
Interest expense	(8,926)	(13,069)	(18,185)	(23,510)
Convertible debt conversion charge	0	0	0	(7,273)
Gain on earthquake insurance recovery	0	22,451	0	22,451
Other income (expense)	6,335	(2,429)	6,851	(1,010)
Income (loss) before income taxes	(32,058)	43,859	(40,537)	75,447
Provision (benefit) for income taxes	(7,167)	21,003	(10,518)	33,202
Net income (loss)	(24,891)	22,856	(30,019)	42,245
Net loss attributable to noncontrolling interests	(4,380)	(361)	(11,671)	(447)
Net income (loss) attributable to Titan	$ (20,511)	$ 23,217	$ (18,348)	$ 42,692
Earnings (loss) per common share:
Basic (in dollars per share)	$ (0.38)	$ 0.43	$ (0.34)	$ 0.81
Diluted (in dollars per share)	$ (0.38)	$ 0.40	$ (0.34)	$ 0.74
Average common shares outstanding:
Basic (in shares)	53,486	53,426	53,478	52,625
Diluted (in shares)	53,486	59,504	53,478	59,527
Dividends declared per common share:	$ 0.005	$ 0.005	$ 0.010	$ 0.010