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Earnings per Common Share
6 Months Ended
Mar. 31, 2013
Earnings Loss Per Common Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS (LOSS) PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share:
 
 
13 Weeks Ended
 
26 Weeks Ended
 
 
(Thousands of Dollars and Shares, Except Per Share Data)
March 31
2013

March 25
2012

March 31
2013

March 25
2012

 
 
 
 
 
 
 
Income (loss) attributable to Lee Enterprises, Incorporated:
 
 
 
 
 
Continuing operations
(3,702
)
(26,340
)
9,822

(11,931
)
 
Discontinued operations
(2,293
)
(285
)
(1,247
)
(141
)
 
 
(5,995
)
(26,625
)
8,575

(12,072
)
 
 
 
 
 
 
 
Weighted average common shares
52,296

49,552

52,295

47,242

 
Less non-vested restricted Common Stock
500


500


 
Basic average common shares
51,796

49,552

51,795

47,242

 
Dilutive stock options and restricted Common Stock


71


 
Diluted average common shares
51,796

49,552

51,866

47,242

 
 
 
 
 
 
 
Earnings (loss) per common share:
 
 
 
 
 
Basic:
 
 
 
 
 
Continuing operations
(0.07
)
(0.53
)
0.19

(0.25
)
 
Discontinued operations
(0.04
)
(0.01
)
(0.02
)

 
 
(0.12
)
(0.54
)
0.17

(0.26
)
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
Continuing operations
(0.07
)
(0.53
)
0.19

(0.25
)
 
Discontinued operations
(0.04
)
(0.01
)
(0.02
)

 
 
(0.12
)
(0.54
)
0.17

(0.26
)


For the 13 weeks ended March 31, 2013 and March 25, 2012, the weighted average shares not considered in the computation of diluted earnings (loss) per common share are 2,932,000 and 1,765,000, respectively. For the 26 weeks ended March 31, 2013 and March 25, 2012, the weighted average shares not considered in the computation of diluted earnings per common share are 2,985,000 and 1,781,000, respectively.