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Earnings per Common Share | 9 Months Ended
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Jun. 25, 2017
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 |  | 39 Weeks Ended |
(Thousands of Dollars and Shares, Except Per Share Data) | June 25 2017 |  | June 26 2016 |  | June 25 2017 |  | June 26 2016 |
Income attributable to Lee Enterprises, Incorporated: | 5,995 |  | 4,092 |  | 24,296 |  | 34,557 |
Weighted average common shares | 56,668 |  | 55,735 |  | 56,401 |  | 55,398 |
Less weighted average restricted Common Stock | (2,515 | ) | (2,524 | ) | (2,491 | ) | (2,222 | )
Basic average common shares | 54,153 |  | 53,211 |  | 53,910 |  | 53,176 |
Dilutive stock options and restricted Common Stock | 1,302 |  | 1,114 |  | 1,492 |  | 783 |
Diluted average common shares | 55,455 |  | 54,325 |  | 55,402 |  | 53,959 |
Earnings per common share: |  |  |  |
Basic | 0.11 |  | 0.08 |  | 0.45 |  | 0.65 |
Diluted | 0.11 |  | 0.08 |  | 0.44 |  | 0.64 |
For the 13 and 39 weeks ended June 25, 2017, 7,327,000 and 6,617,000, 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 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.

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