XML 102 R38.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30, 2015
 
September 28, 2014
 
September 30, 2015
 
September 28, 2014
EPS numerator:
 
 
 
 
 
 
 
Income from continuing operations, as reported
$
27,858

 
$
52,886

 
$
61,010

 
$
148,435

Less: Dividends distributed to Warrants
77

 

 
249

 

Less: Undistributed earnings allocated to Warrants
91

 
1,461

 
679

 
5,499

Income from continuing operations attributable to common shareholders for basic EPS
$
27,690

 
$
51,425

 
$
60,082

 
$
142,936

Add: Undistributed earnings allocated to dilutive securities (1)

 
2

 
2

 
15

Income from continuing operations attributable to common shareholders for diluted EPS
$
27,690

 
$
51,427

 
$
60,084

 
$
142,951

 
 
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 28, 2014
 
September 30, 2015
 
September 28, 2014
(Loss) income from discontinued operations, as reported
$


$
(14,889
)

$


$
13,552

Less: Undistributed earnings allocated to Warrants

 
(411
)
 

 
502

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

 
$
(14,478
)
 
$

 
$
13,050

 
 
 
 
 
 
 
 
Net income attributable to common shareholders for basic EPS
$
27,690

 
$
36,947

 
$
60,082

 
$
155,986

Net income attributable to common shareholders for diluted EPS
$
27,690

 
$
36,949

 
$
60,084

 
$
156,001

 
 
 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
94,437

 
97,384

 
95,060

 
96,401

Impact of dilutive securities (1)
75

 
226

 
214

 
239

Weighted average shares outstanding - diluted
94,512

 
97,610

 
95,274

 
96,640

 
 
 
 
 
 
 
 
Basic Earnings (Loss) Per Common Share from:
 
 
 
 
 
 
 
Continuing Operations
$
0.29

 
$
0.53

 
$
0.63

 
$
1.48

Discontinued Operations

 
(0.15
)
 

 
0.14

Net Earnings Per Common Share
$
0.29

 
$
0.38

 
$
0.63

 
$
1.62

 
 
 
 
 
 
 
 
Diluted Earnings (Loss) Per Common Share from:
 
 
 
 
 
 
 
Continuing Operations
$
0.29

 
$
0.53

 
$
0.63

 
$
1.47

Discontinued Operations

 
(0.15
)
 

 
0.14

Net Earnings Per Common Share
$
0.29

 
$
0.38

 
$
0.63

 
$
1.61

 
(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.