STOCKHOLDERS EQUITY

12 Months Ended

Dec. 31, 2016

Stockholders' Equity Attributable to Parent [Abstract]

STOCKHOLDERS’ EQUITY

STOCKHOLDERS’ EQUITY

The Company repurchased no Titan common shares in 2016, 2015, or 2014.  The Company does not have any present plans to repurchase any shares of Titan common stock.  The Company records treasury stock using the cost method. Titan paid aggregate cash dividends of $.02 per share of common stock in 2016, 2015, and 2014.  Dividends declared totaled $1.1 million each year for 2016, 2015, and 2014.