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Earnings Per Share
3 Months Ended
Mar. 31, 2016
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 amounts):
 
Quarters Ended
 
Mar. 31, 2016
 
Mar. 29, 2015
 
 
 
 
Income from continuing operations attributable to TEGNA Inc.
$
92,918

 
$
69,412

Income (loss) from discontinued operations, net of tax
(7,474
)
 
43,481

Net income attributable to TEGNA Inc.
$
85,444

 
$
112,893

 
 
 
 
Weighted average number of common shares outstanding - basic
219,286

 
227,089

Effect of dilutive securities:
 
 
 
Restricted stock
1,295

 
2,267

Performance share units
1,673

 
1,692

Stock options
1,000

 
883

Weighted average number of common shares outstanding - diluted
223,254

 
231,931

 
 
 
 
Earnings from continuing operations per share - basic
$
0.42

 
$
0.31

Earnings (loss) from discontinued operations per share - basic
(0.03
)
 
0.19

Net income per share - basic
$
0.39

 
$
0.50

 
 
 
 
Earnings from continuing operations per share - diluted
$
0.42

 
$
0.30

Earnings (loss) from discontinued operations per share - diluted
(0.04
)
 
0.19

Net income per share - diluted
$
0.38

 
$
0.49


Our calculation of diluted earnings per share includes the dilutive effects for the assumed vesting of outstanding restricted stock units, performance share units, and exercises of outstanding stock options based on the treasury stock method. The diluted earnings per share amounts exclude the effects of approximately 20,000 and 300,000 of stock awards for the quarters ended March 31, 2016 and March 29, 2015, respectively, as their inclusion would be anti-dilutive.