Note 7 - Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 7: Earnings Per Share

The following table sets forth the computation of basic and diluted income per share for the three months ended March 31, 2015, and 2014

	Three Months Ended March 31, 2015								Three Months Ended March 31, 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	$	(7,433	)						$	5,385
Undistributed earnings attributable to participating securities		-								(41	)
Basic EPS
Income (loss) attributable to common stockholders	$	(7,433	)		129,384	$	(0.06	)	$	5,344			88,324	$	0.06
Effect of dilutive securities:
stock options and warrants					-								407
Diluted EPS
Income (loss) attributable to common stockholders	$	(7,433	)		129,384	$	(0.06	)	$	5,344			88,731	$	0.06

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