Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.8.0.1
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 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 earnings per share for the years ended December 31, 2017, 2016 and 2015 (in thousands, except per share amounts):
 
 
2017
 
2016
 
2015
Numerator
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
68,002

 
$
193,744

 
$
211,200

Less allocation of earnings to participating securities
 
(1,209
)
 
(1,926
)
 
(2,408
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
66,793

 
$
191,818

 
$
208,792

Denominator
 
 
 
 
 
 
Basic weighted average common shares
 
94,506

 
95,102

 
94,698

Effect of notional units
 
—

 
175

 
—

Effect of outstanding options and certain restricted common shares
 
16

 
68

 
61

Diluted weighted average common shares
 
94,522

 
95,345

 
94,759

Basic earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.71

 
$
2.02

 
$
2.20

Diluted earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.71

 
$
2.01

 
$
2.20