Earnings per Common Share

9 Months Ended

Jun. 26, 2016

Earnings Loss Per Common Share [Abstract]

EARNINGS PER COMMON SHARE

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



	13 Weeks Ended				39 Weeks Ended
(Thousands of Dollars and Shares, Except Per Share Data)	June 26 2016		June 28 2015		June 26 2016		June 28 2015

Income attributable to Lee Enterprises, Incorporated:	4,092		1,882		34,557		13,435
Weighted average common shares	55,735		54,642		55,398		54,352
Less weighted average restricted Common Stock	(2,524	)	(2,045	)	(2,222	)	(1,831	)
Basic average common shares	53,211		52,597		53,176		52,521
Dilutive stock options and restricted Common Stock	1,114		1,459		783		1,436
Diluted average common shares	54,325		54,056		53,959		53,957
Earnings per common share:
Basic	0.08		0.04		0.65		0.26
Diluted	0.08		0.03		0.64		0.25

For the 13 and 39 weeks ended June 26, 2016, 6,919,000 and 7,643,000 weighted average shares, respectively, were not considered in the computation of diluted earnings 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. For the 13 and 39 weeks ended June 28, 2015, 6,116,000 and 6,814,000 weighted average shares, respectively, were not considered in the computation of diluted earnings 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