Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v2.4.0.8
Earnings Per Share of the Company (Tables) (Tanger Factory Outlet Centers, Inc [Member])
9 Months Ended
Sep. 30, 2013
Tanger Factory Outlet Centers, Inc [Member]
 
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth a reconciliation of the numerators and denominators in computing the Company's earnings per share (in thousands, except per share amounts):
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2013
 
2012
 
2013
 
2012
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
53,294

 
$
15,327

 
$
85,621

 
$
35,172

Less allocation of earnings to participating securities
 
(609
)
 
(209
)
 
(932
)
 
(576
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
52,685

 
$
15,118

 
$
84,689

 
$
34,596

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,368

 
92,674

 
93,278

 
91,359

Effect of notional units
 
856

 
880

 
841

 
865

Effect of outstanding options and restricted common shares
 
76

 
93

 
91

 
78

Diluted weighted average common shares
 
94,300

 
93,647

 
94,210

 
92,302

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.56

 
$
0.16

 
$
0.91

 
$
0.38

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.56

 
$
0.16

 
$
0.90

 
$
0.37