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Earnings Per Share
6 Months Ended
Jun. 30, 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
 
Six Months Ended
 
June 30, 2016
 
June 28, 2015
 
June 30, 2016
 
June 28, 2015
 
 
 
 
 
 
 
 
Income from continuing operations attributable to TEGNA Inc.
$
99,451

 
$
38,532

 
$
192,369

 
$
107,944

Income (loss) from discontinued operations, net of tax

 
77,337

 
(7,474
)
 
120,818

Net income attributable to TEGNA Inc.
$
99,451

 
$
115,869

 
$
184,895

 
$
228,762

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic
216,518

 
226,538

 
217,902

 
226,814

Effect of dilutive securities:
 
 
 
 


 
 
Restricted stock
1,684

 
2,349

 
1,678

 
2,308

Performance share units
1,078

 
2,208

 
1,186

 
1,951

Stock options
924

 
825

 
963

 
854

Weighted average number of common shares outstanding - diluted
220,204

 
231,920

 
221,729

 
231,927

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - basic
$
0.46

 
$
0.17

 
$
0.88

 
$
0.48

Earnings (loss) from discontinued operations per share - basic

 
0.34

 
(0.03
)
 
0.53

Net income per share - basic
$
0.46

 
$
0.51

 
$
0.85

 
$
1.01

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - diluted
$
0.45

 
$
0.17

 
$
0.87

 
$
0.47

Earnings (loss) from discontinued operations per share - diluted

 
0.33

 
(0.03
)
 
0.52

Net income per share - diluted
$
0.45

 
$
0.50

 
$
0.84

 
$
0.99


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 29,000 of stock awards for the quarter and six months June 30, 2016, as their inclusion would be anti-dilutive. There were no anti-dilutive equity awards for the quarter and six months ended June 28, 2015.