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Earnings Per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

Our earnings per share (basic and diluted) are presented below (in thousands of dollars, except per share amounts):
 
Three months ended Mar. 31,
 
2017
 
2016
 
 
 
 
Income from continuing operations attributable to TEGNA Inc.
$
57,714

 
$
92,918

Loss from discontinued operations, net of tax
—

 
(7,474
)
Net income attributable to TEGNA Inc.
$
57,714

 
$
85,444

 
 
 
 
Weighted average number of common shares outstanding - basic
215,305

 
219,286

Effect of dilutive securities:
 
 
 
Restricted stock units
992

 
1,295

Performance share units
541

 
1,673

Stock options
731

 
1,000

Weighted average number of common shares outstanding - diluted
217,569

 
223,254

 
 
 
 
Earnings from continuing operations per share - basic
$
0.27

 
$
0.42

Loss from discontinued operations per share - basic
—

 
(0.03
)
Net income per share - basic
$
0.27

 
$
0.39

 
 
 
 
Earnings from continuing operations per share - diluted
$
0.27

 
$
0.42

Loss from discontinued operations per share - diluted
—

 
(0.04
)
Net income per share - diluted
$
0.27

 
$
0.38



Our calculation of diluted earnings per share includes the dilutive effects for the assumed vesting of outstanding restricted stock units, performance share units, and exercises of outstanding stock options based on the treasury stock method. The diluted earnings per share amounts exclude the effects of approximately 100,000 and 20,000 stock awards for the three months ended March 31, 2017 and 2016, respectively, as their inclusion would be accretive to earnings per share.