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Earnings Per Share
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

Our earnings per share (basic and diluted) are presented below (in thousands of dollars, except per share amounts):
 
Quarter ended
June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Net income from continuing operations
$
49,270

 
$
66,998

 
$
93,928

 
$
134,878

(Loss) income from discontinued operations, net of tax
(241,699
)
 
47,387

 
(222,458
)
 
75,443

Net loss (income) attributable to noncontrolling interests from discontinued operations
62,077

 
(14,934
)
 
55,892

 
(25,426
)
Net (loss) income attributable to TEGNA Inc.
$
(130,352
)
 
$
99,451

 
$
(72,638
)
 
$
184,895

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic
215,501

 
216,518

 
215,404

 
217,902

Effect of dilutive securities:
 
 
 
 


 


Restricted stock units
818

 
1,684

 
905

 
1,678

Performance share units
761

 
1,078

 
651

 
1,186

Stock options
732

 
924

 
731

 
963

Weighted average number of common shares outstanding - diluted
217,812

 
220,204

 
217,691

 
221,729

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - basic
$
0.23

 
$
0.31

 
$
0.44

 
$
0.62

Earnings (loss) from discontinued operations per share - basic
(0.83
)
 
0.15

 
(0.77
)
 
0.23

Net (loss) income per share - basic
$
(0.60
)
 
$
0.46

 
$
(0.33
)
 
$
0.85

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - diluted
$
0.23

 
$
0.30

 
$
0.43

 
$
0.61

Earnings (loss) from discontinued operations per share - diluted
(0.83
)
 
0.15

 
(0.77
)
 
0.23

Net (loss) income per share - diluted
$
(0.60
)
 
$
0.45

 
$
(0.34
)
 
$
0.84



Our calculation of diluted earnings per share includes the impact of the assumed vesting of outstanding restricted stock units, performance share units, and exercises of outstanding stock options based on the treasury stock method when dilutive. The diluted earnings per share amounts exclude the effects of approximately 229,000 and 165,000 stock awards for the three and six months ended June 30, 2017, respectively; and 29,000 and for the three and six months ended June 30, 2016, respectively, as their inclusion would be accretive to earnings per share.