TITAN INTERNATIONAL INC Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Net (loss) income applicable to common shareholders | $ | (63,494) | $ | (5,560) | $ | 78,760 | |||||||||||
| Determination of shares: | |||||||||||||||||
| Weighted average shares outstanding (basic) | 63,714 | 68,662 | 62,452 | ||||||||||||||
| Effect of restricted stock and stock options | — | — | 509 | ||||||||||||||
| Weighted average shares outstanding (diluted) | 63,714 | 68,662 | 62,961 | ||||||||||||||
| (Loss) earnings per share: | |||||||||||||||||
| Basic | $ | (1.00) | $ | (0.08) | $ | 1.26 | |||||||||||
| Diluted | $ | (1.00) | $ | (0.08) | $ | 1.25 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Feb 27, 2023 | |
| 2021 | Mar 3, 2022 | |
| 2020 | Mar 4, 2021 | |
| 2019 | Mar 4, 2020 | |
| 2018 | Mar 7, 2019 | |
| 2017 | Feb 23, 2018 | |
| 2016 | Mar 15, 2017 | |
| 2015 | Feb 25, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.