Earnings per Common Share

9 Months Ended

Jun. 28, 2015

Earnings Loss Per Common Share [Abstract]

EARNINGS PER COMMON SHARE

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



	13 Weeks Ended				39 Weeks Ended
(Thousands of Dollars and Shares, Except Per Share Data)	June 28 2015		June 29 2014		June 28 2015		June 29 2014

Income (loss) attributable to Lee Enterprises, Incorporated:	1,882		(9,746	)	13,435		3,632
Weighted average common shares	54,642		53,627		54,352		53,342
Less weighted average restricted Common Stock	(2,045	)	(1,283	)	(1,831	)	(1,126	)
Basic average common shares	52,597		52,344		52,521		52,216
Dilutive stock options and restricted Common Stock	1,459		—		1,436		1,439
Diluted average common shares	54,056		52,344		53,957		53,655
Earnings (loss) per common share:
Basic	0.04		(0.19	)	0.26		0.07
Diluted	0.03		(0.19	)	0.25		0.07

For the 13 weeks and 39 weeks ended June 28, 2015, 6,116,000 and 6,814,000 weighted average shares, respectively, 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. In the 13 weeks ended June 29, 2014 no stock options or Warrants were considered in the computation of loss per common share. For the 39 weeks ended June 29, 2014, 2,107,000 weighted average shares were 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.