EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2025

(LOSS) EARNINGS PER SHARE

(Loss) earnings per share (EPS) were as follows (amounts in thousands, except per share data):


	Three months ended
	March 31,
		2025		2024
Net (loss) income attributable to Titan and applicable to common shareholders		$	(649)	$	9,201


Determination of shares:
Weighted average shares outstanding (basic)		63,283		64,928
Effect of restricted stock and stock options		—		776
Weighted average shares outstanding (diluted)		63,283		65,704
(Loss) earnings per common share:
Basic		$	(0.01)	$	0.14
Diluted		$	(0.01)	$	0.14

The effect of restricted stock and stock options has been excluded for the three months ended March 31, 2025, as the effect would have been antidilutive. The weighted average shares excluded for equity awards for the three months ended March 31, 2025 was 0.8 million.