NET INCOME PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

NET INCOME PER SHARE

Components of basic and diluted net income per share

	Three months ended March 31,
	2014		2015
Net income attributable to CTC Media, Inc. stockholders	$	31,216	$	8,417
Weighted average common shares outstanding—basic
Common stock		155,710,719		155,782,325
Dilutive effect of:
Stock-based awards		93,212		373,734
Weighted average common shares outstanding—diluted		155,803,931		156,156,059
Net income per share attributable to CTC Media, Inc. stockholders:
Basic	$	0.20	$	0.05
Diluted	$	0.20	$	0.05