Earnings per share

9 Months Ended

Sep. 28, 2014

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

Our earnings per share (basic and diluted) are presented below:

In thousands, except per share data	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	Sept. 28, 2014		Sept. 29, 2013		Sept. 28, 2014		Sept. 29, 2013
Net income attributable to Gannett Co., Inc.	$	118,516	$	79,748	$	386,142	$	297,933
Weighted average number of common shares outstanding - basic	225,761		228,587		226,374		228,940
Effect of dilutive securities:
Restricted stock	2,900		3,083		2,809		2,960
Performance share units	2,424		1,500		1,958		1,698
Stock options	1,012		1,268		1,016		1,126
Weighted average number of common shares outstanding - diluted	232,097		234,438		232,157		234,724
Net income per share - basic	$	0.52	$	0.35	$	1.71	$	1.30
Net income per share - diluted	$	0.51	$	0.34	$	1.66	$	1.27

The diluted earnings per share amounts exclude the effects of approximately 1.7 million stock options outstanding for the third quarter and year-to-date of 2014 and 6.1 million stock options outstanding for the third quarter and year-to-date of 2013, as their inclusion would be anti-dilutive.