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Earnings per Common Share
12 Months Ended
Sep. 30, 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:
(Thousands of Dollars and Shares, Except Per Common Share Data)
2012

 
2011

 
2010

 
 
 
 
 
 
Income (loss) attributable to Lee Enterprises, Incorporated:
 
 
 
 
 
Continuing operations
(14,171
)
 
(145,622
)
 
47,224

Discontinued operations
(2,527
)
 
(1,246
)
 
(1,119
)
 
(16,698
)
 
(146,868
)
 
46,105

 
 
 
 
 
 
Weighted average Common Shares
49,357

 
44,912

 
44,902

Less non-vested restricted Common Stock
(96
)
 
(65
)
 
(347
)
Basic average Common Shares
49,261

 
44,847

 
44,555

Dilutive stock options and restricted Common Stock

 

 
400

Diluted average Common Shares
49,261

 
44,847

 
44,955

 
 
 
 
 
 
Earnings (loss) per common share:
 
 
 
 
 
Basic:
 
 
 
 
 
Continuing operations
(0.29
)
 
(3.25
)
 
1.06

Discontinued operations
(0.05
)
 
(0.03
)
 
(0.03
)
 
(0.34
)
 
(3.27
)
 
1.03

 
 
 
 
 
 
Diluted:
 
 
 
 
 
Continuing operations
(0.29
)
 
(3.25
)
 
1.05

Discontinued operations
(0.05
)
 
(0.03
)
 
(0.02
)
 
(0.34
)
 
(3.27
)
 
1.03


 
For 2012, 2011 and 2010, we had 2,334,000, 1,944,000, and 942,000 weighted average shares, respectively, subject to issuance under our stock option and employee stock purchase plans that have no intrinsic value. No stock options were considered in the computation of loss per common share in 2012 or 2011.