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Earnings Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following table sets forth the computation of basic and diluted income per share for the three and six months ended June 30, 2015, and 2014:
 
 
Three Months Ended June 30, 2015
 
Three Months Ended June 30, 2014
(In thousands, except
Income
 
Shares
 
Per Share
 
Income
 
Shares
 
Per Share
per share amounts)
(Numerator)
 
(Denominator)
 
Amount
 
(Numerator)
 
(Denominator)
 
Amount
Net income attributable to Media General
$
1,635

 
 

 
 

 
$
6,786

 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Undistributed earnings attributable to participating securities
(4
)
 
 

 
 

 
(43
)
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
Income attributable to common stockholders
$
1,631

 
129,201

 
$
0.01

 
$
6,743

 
88,473

 
$
0.08

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options and warrants


 
1,435

 


 
 
 
519

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
Income attributable to common stockholders
$
1,631

 
130,636

 
$
0.01

 
$
6,743

 
88,992

 
$
0.08

 
 
Six Months Ended June 30, 2015
 
Six Months Ended June 30, 2014
(In thousands, except
Income
 
Shares
 
Per Share
 
Income
 
Shares
 
Per Share
per share amounts)
(Numerator)
 
(Denominator)
 
Amount
 
(Numerator)
 
(Denominator)
 
Amount
Net income (loss) attributable to Media General
$
(5,798
)
 
 

 
 

 
$
12,171

 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Undistributed earnings attributable to participating securities

 
 

 
 

 
(84
)
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
Income (loss) attributable to common stockholders
$
(5,798
)
 
129,275

 
$
(0.04
)
 
$
12,087

 
88,399

 
$
0.14

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options and warrants
 

 

 
 

 
 

 
512

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
Income (loss) attributable to common stockholders
$
(5,798
)
 
129,275

 
$
(0.04
)
 
$
12,087

 
88,911

 
$
0.14



We have excluded 1.5 million of common shares issuable for share options and restricted shares from the calculation of diluted earnings per share for the six months ended June 30, 2015 because the net loss causes these shares to be anti-dilutive.