NET INCOME PER SHARE (Tables)

12 Months Ended

Dec. 31, 2011

NET INCOME PER SHARE

Components of basic and diluted net income per share

	Year ended December 31,
	2009		2010		2011
Net income attributable to CTC Media, Inc. stockholders	$	100,389	$	145,731	$	53,118
Weighted average common shares outstanding—basic		152,223,165		155,576,658		157,224,782
Dilutive effect of:
Common stock options and SARs		5,229,598		515,380		786,877
Weighted average common shares outstanding—diluted		157,452,763		156,092,038		158,011,659
Net income per share attributable to CTC Media, Inc. stockholders:
Basic	$	0.66	$	0.94	$	0.34
Diluted	$	0.64	$	0.93	$	0.34