Earnings per Common Share

3 Months Ended

Dec. 28, 2014

Earnings Loss Per Common Share [Abstract]

Earnings Per Share [Text Block]

EARNINGS PER COMMON SHARE

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

	13 Weeks Ended
(Thousands of Dollars and Shares, Except Per Share Data)	December 28 2014		December 29 2013
Income attributable to Lee Enterprises, Incorporated:	9,753		11,892
Weighted average common shares	53,913		52,886
Less weighted average restricted Common Stock	(1,442	)	805
Basic average common shares	52,471		52,081
Dilutive stock options and restricted Common Stock	1,483		1,178
Diluted average common shares	53,954		53,259
Earnings per common share:
Basic	0.19		0.23
Diluted	0.18		0.22

For the 13 weeks ended December 28, 2014, 6,254,000 weighted average shares were not considered in the computation of diluted earnings per common share because the exercise prices of the related stock options and Warrants were in excess of the fair market value of our Common Stock. For the 13 weeks ended December 29, 2013, we had 101,000 weighted average shares not considered in the computation of diluted earnings per common share because the related stock option exercise prices were in excess of the fair market value of our Common Stock.