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Earnings per share
 3 Months Ended
Mar. 25, 2012
Earnings per share

NOTE 12 – Earnings per share

The Company’s earnings per share (basic and diluted) are presented below:

(in thousands except per share amounts)

 

     Thirteen weeks ended  
    Mar. 25, 2012     Mar. 27, 2011  

Net income attributable to Gannett Co., Inc.

   $ 68,223      $ 90,493   
 

 

 

    

 

 

  

Weighted average number of common shares outstanding—basic

     236,280        239,712   

Effect of dilutive securities

    

Stock options

     1,139        1,446   

Restricted stock

     2,632        2,150   

Performance Share Units

     360        —     
 

 

 

    

 

 

  

Weighted average number of common shares outstanding—diluted

     240,411        243,308   
 

 

 

    

 

 

  

Net income per share—basic

   $ 0.29      $ 0.38   

Net income per share—diluted

   $ 0.28      $ 0.37