Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share

Earnings per share

				Three Months Ended				Nine Months Ended
				September 30,				September 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			$	(116,042)	$	(9,524)	$	(119,851)	$	147,947
Adjustments to compute diluted earnings:
	Noncontrolling interest adjustment				-		-		-		(1,065)
	Preferred dividend adjustment				-		-		-		37
	Net income (loss) attributable to common shareholders of TDS used in diluted earnings (loss) per share			$	(116,042)	$	(9,524)	$	(119,851)	$	146,919
Weighted average number of shares used in basic earnings (loss) per share:
		Common Shares			101,067		101,422		101,474		101,256
		Series A Common Shares			7,185		7,149		7,176		7,149
			Total		108,252		108,571		108,650		108,405
Effects of dilutive securities:
	Stock options				-		-		-		170
	Restricted stock units				-		-		-		363
	Preferred shares				-		-		-		55
Weighted average number of shares used in diluted earnings (loss) per share					108,252		108,571		108,650		108,993
Basic earnings (loss) per share attributable to TDS shareholders				$	(1.07)	$	(0.09)	$	(1.10)	$	1.36
Diluted earnings (loss) per share attributable to TDS shareholders				$	(1.07)	$	(0.09)	$	(1.10)	$	1.35

Summary of antidilutive shares

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2014	2013	2014	2013
(Shares in thousands)
Stock options	9,207	9,199	8,922	7,225
Restricted stock units	992	883	823	187
Preferred shares	52	55	52	-