Earnings per Common Share

9 Months Ended

Jun. 26, 2011

Earnings Loss Per Common Share [Abstract]

Earnings Per Share [Text Block]

EARNINGS (LOSS) PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share:

	13 Weeks Ended			39 Weeks Ended
(Thousands of Dollars and Shares, Except Per Share Data)	June 26 2011		June 27 2010	June 26 2011		June 27 2010
Income (loss) attributable to Lee Enterprises, Incorporated:	(155,517	)	10,019	(138,048	)	40,916
Weighted average common shares	44,897		44,898	44,897		44,888
Less non-vested restricted Common Stock	—		334	87		335
Basic average common shares	44,897		44,564	44,810		44,553
Dilutive stock options and restricted Common Stock	—		477	—		306
Diluted average common shares	44,897		45,041	44,810		44,859
Earnings (loss) per common share:
Basic	(3.46	)	0.22	(3.08	)	0.92
Diluted	(3.46	)	0.22	(3.08	)	0.91

For the 13 weeks ended June 26, 2011 and June 27, 2010, we have 1,912,000 and 198,000 weighted average shares, respectively, subject to issuance under our stock option plan that have no intrinsic value and are not considered in the computation of diluted earnings per common share. For the 39 weeks ended June 26, 2011 and June 27, 2010, the weighted average shares not considered in the computation of diluted earnings per common share are 1,982,000 and 207,000, respectively.