Earnings per Common Share

12 Months Ended

Sep. 30, 2018

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:



(Thousands of Dollars and Shares, Except Per Common Share Data)	2018		2017		2016

Income attributable to Lee Enterprises, Incorporated:	45,766		27,481		34,961

Weighted average Common Stock	57,009		56,481		55,493
Less non-vested restricted Common Stock	(2,307	)	(2,491	)	(2,295	)
Basic average Common Stock	54,702		53,990		53,198
Dilutive stock options and restricted Common Stock	1,246		1,402		1,026
Diluted average Common Stock	55,948		55,392		54,224
Earnings per common share:
Basic:	0.84		0.51		0.66
Diluted	0.82		0.50		0.64

For 2018, 2017 and 2016, we had 6,453,000, 7,206,000 and 7,577,000 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.