NET INCOME PER SHARE (Tables)

3 Months Ended

Mar. 31, 2012

NET INCOME PER SHARE

Components of basic and diluted net income per share

	Three months ended March 31,
	2011		2012
Net income attributable to CTC Media, Inc. stockholders	$	22,792	$	32,622
Weighted average common shares outstanding—basic
Common stock		157,001,909		157,495,591
Dilutive effect of:
Common stock options		1,000,286		309,893
Weighted average common shares outstanding—diluted		158,002,195		157,805,484
Net income per share attributable to CTC Media, Inc. stockholders:
Basic	$	0.15	$	0.21
Diluted	$	0.14	$	0.21