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Earnings Per Share
9 Months Ended
Sep. 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
 
Nine Months Ended
 
Sept. 30, 2016
 
Sept. 27, 2015
 
Sept. 30, 2016
 
Sept. 27, 2015
 
 
 
 
 
 
 
 
Income from continuing operations attributable to TEGNA Inc.
$
118,683

 
$
93,572

 
$
311,052

 
$
201,516

Income (loss) from discontinued operations, net of tax

 
(5,317
)
 
(7,474
)
 
115,501

Net income attributable to TEGNA Inc.
$
118,683

 
$
88,255

 
$
303,578

 
$
317,017

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic
214,813

 
224,530

 
216,865

 
226,053

Effect of dilutive securities:
 
 
 
 


 
 
Restricted stock units
1,630

 
2,694

 
1,662

 
2,436

Performance share units
775

 
1,819

 
1,049

 
1,907

Stock options
881

 
1,035

 
935

 
914

Weighted average number of common shares outstanding - diluted
218,099

 
230,078

 
220,511

 
231,310

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - basic
$
0.55

 
$
0.42

 
$
1.43

 
$
0.89

Earnings (loss) from discontinued operations per share - basic

 
(0.03
)
 
(0.03
)
 
0.51

Net income per share - basic
$
0.55

 
$
0.39

 
$
1.40

 
$
1.40

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - diluted
$
0.54

 
$
0.41

 
$
1.41

 
$
0.87

Earnings (loss) from discontinued operations per share - diluted

 
(0.03
)
 
(0.03
)
 
0.50

Net income per share - diluted
$
0.54

 
$
0.38

 
$
1.38

 
$
1.37



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 192,000 and 292,000 stock awards for the quarter and nine months ended September 30, 2016, and September 27, 2015, respectively, as their inclusion would be anti-dilutive.