XML 81 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Common Share
 9 Months Ended
Jun. 30, 2013
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 30
2013

June 24
2012

June 30
2013

June 24
2012

 
 
 
 
 
 
 
Income (loss) attributable to Lee Enterprises, Incorporated:
 
 
 
 
 
Continuing operations
1,795

(1,061
)
11,619

(12,991
)
 
Discontinued operations
—

(412
)
(1,247
)
(553
)
 
 
1,795

(1,473
)
10,372

(13,544
)
 
 
 
 
 
 
 
Weighted average common shares
52,325

51,731

52,305

48,733

 
Less non-vested restricted Common Stock
500

—

500

—

 
Basic average common shares
51,825

51,731

51,805

48,733

 
Dilutive stock options and restricted Common Stock
213

—

107

—

 
Diluted average common shares
52,038

51,731

51,912

48,733

 
 
 
 
 
 
 
Earnings (loss) per common share:
 
 
 
 
 
Basic:
 
 
 
 
 
Continuing operations
0.03

(0.02
)
0.22

(0.27
)
 
Discontinued operations
—

(0.01
)
(0.02
)
(0.01
)
 
 
0.03

(0.03
)
0.20

(0.28
)
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
Continuing operations
0.03

(0.02
)
0.22

(0.27
)
 
Discontinued operations
—

(0.01
)
(0.02
)
(0.01
)
 
 
0.03

(0.03
)
0.20

(0.28
)


For the 13 weeks ended June 30, 2013 and June 24, 2012, the anti-dilutive weighted average shares not considered in the computation of diluted earnings (loss) per common share are 1,705,000 and 2,695,000, respectively. For the 39 weeks ended June 30, 2013 and June 24, 2012, the anti-dilutive weighted average shares not considered in the computation of diluted earnings per common share are 2,971,000 and 2,085,000, respectively.