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Earnings per Common Share
3 Months Ended
Dec. 30, 2018
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 30
2018

December 24
2017

 
 
 
Income attributable to Lee Enterprises, Incorporated:
10,361

35,003

Weighted average common shares
57,303

56,782

Less weighted average restricted Common Stock
(2,099
)
(2,453
)
Basic average common shares
55,204

54,329

Dilutive stock options and restricted Common Stock
1,497

1,483

Diluted average common shares
56,701

55,812

Earnings per common share:
 
 
Basic
0.19

0.64

Diluted
0.18

0.63



For the 13 weeks ended December 30, 2018, and December 24, 2017, 6,448,000 and 6,707,000 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.