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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted By Common Class
The calculation of basic and diluted EPS is presented below (in thousands, except for per share data):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 29, 2014
 
June 30, 2015
 
June 29, 2014
EPS numerator:
 
 
 
 
 
 
 
Income (loss) from continuing operations, as reported
$
(3,265
)
 
$
67,082

 
$
33,152

 
$
95,549

Less: Dividends distributed to Warrants
172

 

 
172

 

Less: Undistributed earnings allocated to Warrants

 
2,577

 
497

 
3,989

(Loss) income from continuing operations attributable to common shareholders for basic EPS
$
(3,437
)
 
$
64,505

 
$
32,483

 
$
91,560

Add: Undistributed earnings allocated to dilutive securities (1)

 
6

 
1

 
4

(Loss) income from continuing operations attributable to common shareholders for diluted EPS
$
(3,437
)
 
$
64,511

 
$
32,484

 
$
91,564

 
 
 
 
 
 
 
 
Income from discontinued operations, as reported
$


$
15,840


$


$
28,441

Less: Undistributed earnings allocated to Warrants

 
608

 

 
1,187

Income from discontinued operations attributable to common shareholders for basic and diluted EPS (1)
$

 
$
15,232

 
$

 
$
27,254

 
 
 
 
 
 
 
 
 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 29, 2014
 
June 30, 2015
 
June 29, 2014
Net income (loss) attributable to common shareholders for basic EPS
$
(3,437
)
 
$
79,737

 
$
32,483

 
$
118,814

 


 
 
 
 
 
 
Net income (loss) attributable to common shareholders for diluted EPS
$
(3,437
)
 
$
79,743

 
$
32,484

 
$
118,818

 
 
 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
95,337

 
96,294

 
95,374

 
95,909

Impact of dilutive securities (1)

 
190

 
191

 
217

Weighted average shares outstanding - diluted
95,337

 
96,484

 
95,565

 
96,126

 
 
 
 
 
 
 
 
Basic Earnings (Loss) Per Common Share from:
 
 
 
 
 
 
 
Continuing Operations
$
(0.04
)
 
$
0.67

 
$
0.34

 
$
0.96

Discontinued Operations

 
0.16

 

 
0.28

Net Earnings (Loss) Per Common Share
$
(0.04
)
 
$
0.83

 
$
0.34

 
$
1.24

 
 
 
 
 
 
 
 
Diluted Earnings (Loss) Per Common Share from:
 
 
 
 
 
 
 
Continuing Operations
$
(0.04
)
 
$
0.67

 
$
0.34

 
$
0.96

Discontinued Operations

 
0.16

 

 
0.28

Net Earnings (Loss) Per Common Share
$
(0.04
)
 
$
0.83

 
$
0.34

 
$
1.24

 
(1)
The impact of dilutive securities associated with Equity Awards held by Tribune Publishing employees was immaterial. As such, all of the impact of dilutive securities has been allocated to diluted EPS from continuing operations.