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Earnings per share (Tables)
3 Months Ended
Mar. 25, 2012
Schedule of Earnings Per Share, Basic and Diluted

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