Earnings per Common Share

3 Months Ended

Dec. 24, 2017

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
(Thousands of Dollars and Shares, Except Per Share Data)	December 24 2017		December 25 2016

Income attributable to Lee Enterprises, Incorporated:	35,003		12,173
Weighted average common shares	56,782		55,935
Less weighted average restricted Common Stock	(2,453	)	(2,407	)
Basic average common shares	54,329		53,528
Dilutive stock options and restricted Common Stock	1,483		1,873
Diluted average common shares	55,812		55,401
Earnings per common share:
Basic	0.64		0.23
Diluted	0.63		0.22

For the 13 weeks ended December 24, 2017, and December 25, 2016, 6,707,000 and 6,828,000 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.