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Earnings per Common Share
 3 Months Ended
Dec. 29, 2013
Earnings Loss Per Common Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings per common share:
 
 
13 Weeks Ended
 
 
(Thousands of Dollars and Shares, Except Per Share Data)
December 29
2013

December 30
2012

 
 
 
 
 
Income attributable to Lee Enterprises, Incorporated:
 
 
 
Continuing operations
11,892

13,534

 
Discontinued operations
—

1,046

 
 
11,892

14,580

 
Weighted average common shares
52,886

52,294

 
Less weighted average restricted Common Stock
805

500

 
Basic average common shares
52,081

51,794

 
Dilutive stock options and restricted Common Stock
1,178

60

 
Diluted average common shares
53,259

51,854

 
Earnings per common share:
 
 
 
Basic:
 
 
 
Continuing operations
0.23

0.26

 
Discontinued operations
—

0.02

 
 
0.23

0.28

 
Diluted:
 
 
 
Continuing operations
0.22

0.26

 
Discontinued operations
—

0.02

 
 
0.22

0.28



For the 13 weeks ended December 29, 2013 and December 30, 2012, we had 101,000 and 3,036,000 weighted average shares, respectively, not considered in the computation of diluted earnings per common share because the stock option exercise price was in excess of the fair market value of our Common Stock.