Earnings per Common Share

12 Months Ended

Sep. 24, 2017

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)	2017		2016		2015

Income attributable to Lee Enterprises, Incorporated:	27,481		34,961		23,316

Weighted average Common Stock	56,481		55,493		54,430
Less non-vested restricted Common Stock	(2,491	)	(2,295	)	(1,790	)
Basic average Common Stock	53,990		53,198		52,640
Dilutive stock options and restricted Common Stock	1,402		1,026		1,291
Diluted average Common Stock	55,392		54,224		53,931
Earnings per common share:
Basic:	0.51		0.66		0.44
Diluted	0.50		0.64		0.43

For 2017, 2016 and 2015, we had 7,206,000, 7,577,000 and 6,620,000 weighted average shares, respectively, 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.