Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share

Earnings per share

				Three Months Ended				Six Months Ended
				June 30,				June 30,
				2014		2013		2014		2013
(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			$	(22,050)	$	156,065	$	(3,809)	$	157,471
Adjustments to compute diluted earnings:
	Noncontrolling interest adjustment				-		(1,173)		(5)		(1,209)
	Preferred dividend adjustment				-		12		-		25
	Net income (loss) attributable to common shareholders of TDS used in diluted earnings (loss) per share			$	(22,050)	$	154,904	$	(3,814)	$	156,287
Weighted average number of shares used in basic earnings (loss) per share:
		Common Shares			101,543		101,246		101,682		101,171
		Series A Common Shares			7,176		7,139		7,171		7,149
			Total		108,719		108,385		108,853		108,320
Effects of dilutive securities:
	Stock options				-		110		-		108
	Restricted stock units				-		364		-		345
	Preferred shares				-		54		-		54
Weighted average number of shares used in diluted earnings (loss) per share					108,719		108,913		108,853		108,827
Basic earnings (loss) per share attributable to TDS shareholders				$	(0.20)	$	1.44	$	(0.04)	$	1.45
Diluted earnings (loss) per share attributable to TDS shareholders				$	(0.20)	$	1.42	$	(0.04)	$	1.44

Summary of antidilutive shares

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2014	2013	2014	2013
(Shares in thousands)
Stock options	8,883	7,348	8,777	7,012
Restricted stock units	824	200	737	102
Preferred shares	56	-	56	-