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Earnings per Common Share
 6 Months Ended
Mar. 25, 2012
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
 
26 Weeks Ended
 
 
(Thousands of Dollars and Shares, Except Per Share Data)
March 25
2012

March 27
2011

March 25
2012

March 27
2011

 
 
 
 
 
 
 
Income (loss) attributable to Lee Enterprises, Incorporated:
(26,625
)
(1,472
)
(12,072
)
17,471

 
 
 
 
 
 
 
Weighted average common shares
49,552

44,855

47,242

44,897

 
Less non-vested restricted Common Stock
—

—

—

131

 
Basic average common shares
49,552

44,855

47,242

44,766

 
Dilutive stock options and restricted Common Stock
—

—

—

2

 
Diluted average common shares
49,552

44,855

47,242

44,768

 
 
 
 
 
 
 
Earnings (loss) per common share:
 
 
 
 
 
    Basic
(0.54
)
(0.03
)
(0.26
)
0.39

 
    Diluted
(0.54
)
(0.03
)
(0.26
)
0.39


For the 13 weeks ended March 25, 2012 and March 27, 2011, we have 1,765,000 and 1,278,000 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 (loss) per common share. For the 26 weeks ended March 25, 2012 and March 27, 2011, the weighted average shares not considered in the computation of diluted earnings per common share are 1,781,000 and 1,984,000, respectively.