Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Earnings per share

Year Ended December 31,				2012		2011		2010
(Dollars and shares in thousands, except earnings per share)
Basic earnings per share attributable to TDS shareholders Net income available to common shareholders of TDS used in basic earnings per share				$	81,811	$	200,516	$	144,799
Adjustments to compute diluted earnings
	Noncontrolling interest adjustment (1)				(461)		(795)		(512)
	Preferred dividend adjustment (2)				-		49		49
Net income available to common shareholders of TDS used in diluted earnings per share				$	81,350	$	199,770	$	144,336
Weighted average number of shares used in basic earnings per share
		Common Shares			101,532		101,471		102,947
		Series A Common Shares			7,139		7,091		7,069
			Total		108,671		108,562		110,016
Effects of dilutive securities:
	Stock options				11		262		229
	Restricted stock units				255		214		195
	Preferred shares				-		60		48
Weighted average number of shares used in diluted earnings per share					108,937		109,098		110,488
Basic earnings per share attributable to TDS shareholders				$	0.75	$	1.85	$	1.32
Diluted earnings per share attributable to TDS shareholders				$	0.75	$	1.83	$	1.31
(1)		The noncontrolling interest adjustment reflects the additional noncontrolling share of U.S. Cellular’s income computed as if all of U.S. Cellular’s issuable securities were outstanding.
(2)		The preferred dividend adjustment reflects the dividend reduction related to preferred securities that were dilutive, and therefore treated as if converted for shares.

Summary of antidilutive shares

(Shares in thousands)	2012	2011	2010
Stock options	8,130	3,785	4,105
Restricted stock units	154	141	88
Convertible preferred shares	57	-	-