Earnings per Common Share

3 Months Ended

Dec. 27, 2015

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 27 2015		December 28 2014
Income attributable to Lee Enterprises, Incorporated:	11,237		9,753
Weighted average common shares	54,856		53,913
Less weighted average restricted Common Stock	(1,716	)	(1,442	)
Basic average common shares	53,140		52,471
Dilutive stock options and restricted Common Stock	718		1,483
Diluted average common shares	53,858		53,954
Earnings per common share:
Basic	0.21		0.19
Diluted	0.21		0.18

For the 13 weeks December 27, 2015 and December 28, 2014, 7,684,000 and 6,254,000 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.