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Earnings Per Common Share | 6 Months Ended
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Mar. 26, 2023
Earnings Per Share [Abstract] |
Earnings Per Common Share | EARNINGS PER COMMON SHARE The following table sets forth the computation of basic and diluted earnings per common share:
| Three months ended | Six months ended
(Thousands of Dollars and Shares, Except Per Share Data) | March 26, 2023 | March 27, 2022 | March 26, 2023 | March 27, 2022
(Loss) income attributable to Lee Enterprises, Incorporated: | (5,885) |  | (7,276) |  | (4,786) |  | 5,382 |
Weighted average common shares | 5,996 |  | 5,955 |  | 6,018 |  | 5,919 |
Less weighted average restricted Common Stock | (173) |  | (178) |  | (172) |  | (167) |
Basic average common shares | 5,823 |  | 5,777 |  | 5,846 |  | 5,752 |
Dilutive stock options and restricted Common Stock | — |  | — |  | — |  | 107 |
Diluted average common shares | 5,823 |  | 5,777 |  | 5,846 |  | 5,859 |
Earnings per common share: |  |  |  |
Basic | (1.01) |  | (1.26) |  | (0.82) |  | 0.94 |
Diluted | (1.01) |  | (1.26) |  | (0.82) |  | 0.92 |
For the three months ended March 26, 2023 and March 27, 2022, 68,186 and 600,000 shares, respectively, were not considered in the computation of diluted earnings per common share because their inclusion would result in an anti-dilutive effect on per share amounts. For the six months ended March 26, 2023 and March 27, 2022, 68,186 and 600,000 shares, respectively, were not considered in the computation of diluted earnings per common share because their inclusion would result in an anti-dilutive effect on per share amounts.

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