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Earnings Per Share
 3 Months Ended
Mar. 31, 2016
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 months ended March 31, 2016, and 2015:
 
 
 
Three Months Ended March 31, 2016
 
Three Months Ended March 31, 2015
(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
$
(26,190
)
 
 

 
 

 
$
(7,433
)
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Undistributed earnings attributable to participating securities
—

 
 

 
 

 
—

 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
Income (loss) attributable to common stockholders
$
(26,190
)
 
128,595

 
$
(0.20
)
 
$
(7,433
)
 
129,384

 
$
(0.06
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options and warrants
 

 
—

 
 

 
 

 
—

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
Income (loss) attributable to common stockholders
$
(26,190
)
 
128,595

 
$
(0.20
)
 
$
(7,433
)
 
129,384

 
$
(0.06
)


We have excluded 1.2 million and 1.1 million of common shares issuable for share options and restricted shares from the calculation of diluted earnings per share for the three months ended March 31, 2016 and 2015, respectively, because the net loss causes these shares to be anti-dilutive.