Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.10.0.1
Earnings Per Share of the Company (Tables)
 6 Months Ended
Jun. 30, 2018
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 June 30,
 
Six months ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
22,969

 
$
29,390

 
$
45,807

 
$
51,726

Less allocation of earnings to participating securities
 
(313
)
 
(306
)
 
(576
)
 
(601
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
22,656

 
$
29,084

 
$
45,231

 
$
51,125

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,298

 
95,025

 
93,470

 
95,217

Effect of outstanding options and certain restricted common shares
 
—

 
5

 
—

 
35

Diluted weighted average common shares
 
93,298

 
95,030

 
93,470

 
95,252

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.24

 
$
0.31

 
$
0.48

 
$
0.54

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.24

 
$
0.31

 
$
0.48

 
$
0.54