Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share

Earnings per share

				Three Months Ended					Nine Months Ended
				September 30,					September 30,
				2015		2014		2015			2014
(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			$	51,071	$	(116,042)	$		219,832	$	(119,851)
Adjustments to compute diluted earnings (loss):
	Noncontrolling interest adjustment				(384)		–			(1,540)		–
	Preferred dividend adjustment				12		–			37		–
	Net income (loss) attributable to common shareholders of
		TDS used in diluted earnings (loss) per share		$	50,699	$	(116,042)	$		218,329	$	(119,851)
Weighted average number of shares used in basic
	earnings (loss) per share:
		Common Shares			101,652		101,067			101,315		101,474
		Series A Common Shares			7,196		7,185			7,188		7,176
			Total		108,848		108,252			108,503		108,650
Effects of dilutive securities:
	Stock options				818		–			778		–
	Restricted stock units				498		–			406		–
	Preferred shares				50		–			50		–
Weighted average number of shares used in diluted
	earnings (loss) per share				110,214		108,252			109,737		108,650
Basic earnings (loss) per share attributable to TDS
	shareholders			$	0.47	$	(1.07)	$		2.03	$	(1.10)
Diluted earnings (loss) per share attributable to TDS
	shareholders			$	0.46	$	(1.07)	$		1.99	$	(1.10)

Summary of antidilutive shares

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2015		2014		2015		2014
(Shares in thousands)
Stock options	4,687		9,207		4,438		8,922
Restricted stock units	–		992		191		823
Preferred shares	–		52		–		52