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Earnings Per Share
 9 Months Ended
Sep. 30, 2018
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 Sept. 30,
 
Nine months ended Sept. 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
Net income from continuing operations
$
92,826

 
$
50,754

 
$
240,525

 
$
144,682

Income (loss) from discontinued operations, net of tax
4,325

 
(10,803
)
 
4,325

 
(233,261
)
Net loss attributable to noncontrolling interests from discontinued operations
—

 
2,806

 
—

 
58,698

Net income (loss) attributable to TEGNA Inc.
$
97,151

 
$
42,757

 
$
244,850

 
$
(29,881
)
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic
216,015

 
215,863

 
216,210

 
215,558

Effect of dilutive securities:
 
 
 
 


 


Restricted stock units
167

 
828

 
116

 
880

Performance share units
—

 
721

 
72

 
674

Stock options
166

 
683

 
219

 
715

Weighted average number of common shares outstanding - diluted
216,348

 
218,095

 
216,617

 
217,827

 
 
 
 
 
 
 
 
Earnings from continuing operations per share - basic
$
0.43

 
$
0.24

 
$
1.11

 
$
0.67

Earnings (loss) from discontinued operations per share - basic
0.02

 
(0.04
)
 
0.02

 
(0.81
)
Net income (loss) per share - basic
$
0.45

 
$
0.20

 
$
1.13

 
$
(0.14
)
 
 
 
 
 
 
 
 
Earnings from continuing operations per share - diluted
$
0.43

 
$
0.23

 
$
1.11

 
$
0.66

Earnings (loss) from discontinued operations per share - diluted
0.02

 
(0.04
)
 
0.02

 
(0.80
)
Net income (loss) per share - diluted
$
0.45

 
$
0.19

 
$
1.13

 
$
(0.14
)


Our calculation of diluted earnings per share includes the impact of the assumed vesting of outstanding restricted stock units, performance share units, and the exercise of outstanding stock options based on the treasury stock method when dilutive. The diluted earnings per share amounts exclude the effects of approximately 189,000 and 235,000 stock awards for the three and nine months ended September 30, 2018, respectively; and 96,000 and 142,000 for the three and nine months ended September 30, 2017, respectively, as their inclusion would be accretive to earnings per share.