Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share

Earnings per share

				Three Months Ended				Nine Months Ended
				September 30,				September 30,
				2013		2012		2013		2012
(Dollars and shares in thousands, except per share amounts)
Basic earnings (loss) per share attributable to TDS shareholders:
	Net income (loss) available to common shareholders of TDS used in basic earnings (loss) per share			$	(9,524)	$	29,105	$	147,947	$	123,671
Adjustments to compute diluted earnings:
	Noncontrolling interest adjustment				-		(211)		(1,065)		(867)
	Preferred dividend adjustment				-		12		37		37
	Net income (loss) attributable to common shareholders of TDS used in diluted earnings (loss) per share			$	(9,524)	$	28,906	$	146,919	$	122,841
Weighted average number of shares used in basic earnings (loss) per share:
		Common Shares			101,422		101,683		101,256		101,602
		Series A Common Shares			7,149		7,136		7,149		7,133
			Total		108,571		108,819		108,405		108,735
Effects of dilutive securities:
	Stock options				-		15		170		4
	Restricted stock units				-		357		363		224
	Preferred shares				-		55		55		55
Weighted average number of shares used in diluted earnings (loss) per share					108,571		109,246		108,993		109,018
Basic earnings (loss) per share attributable to TDS shareholders				$	(0.09)	$	0.27	$	1.36	$	1.14
Diluted earnings (loss) per share attributable to TDS shareholders				$	(0.09)	$	0.26	$	1.35	$	1.13

Summary of antidilutive shares

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2013	2012	2013	2012
(Shares in thousands)
Stock options	9,199	8,375	7,225	7,983
Restricted stock units	883	-	187	168
Preferred shares	55	-	-	-