Earnings per Common Share

12 Months Ended

Sep. 25, 2016

Earnings Loss Per Common Share [Abstract]

EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share:



(Thousands of Dollars and Shares, Except Per Common Share Data)	2016		2015		2014

Income attributable to Lee Enterprises, Incorporated:	34,961		23,316		6,795

Weighted average Common Stock	55,493		54,430		53,438
Less non-vested restricted Common Stock	(2,295	)	(1,790	)	(1,165	)
Basic average Common Stock	53,198		52,640		52,273
Dilutive stock options and restricted Common Stock	1,026		1,291		1,463
Diluted average Common Stock	54,224		53,931		53,736
Earnings per common share:
Basic:	0.66		0.44		0.13
Diluted	0.64		0.43		0.13

For 2016, 2015 and 2014, we had 7,577,000, 6,620,000 and 3,121,000 weighted average shares, respectively, not considered in the computation of diluted earnings (loss) per common share because the exercise prices of the related stock options and Warrants were in excess of the fair market value of our Common Stock.