Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.7.0.1
Earnings Per Share of the Company (Tables)
3 Months Ended
Mar. 31, 2017
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 March 31,
 
 
2017
 
2016
Numerator:
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
22,336

 
$
27,150

Less allocation of earnings to participating securities
 
(295
)
 
(294
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
22,041

 
$
26,856

Denominator:
 
 
 
 
Basic weighted average common shares
 
95,245

 
94,944

Effect of outstanding options and certain restricted common shares
 
66

 
59

Diluted weighted average common shares
 
95,311

 
95,003

Basic earnings per common share:
 
 
 
 
Net income
 
$
0.23

 
$
0.28

Diluted earnings per common share:
 
 
 
 
Net income
 
$
0.23

 
$
0.28