Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.19.2
Earnings Per Share of the Company (Tables)
 6 Months Ended
Jun. 30, 2019
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,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
13,727

 
$
22,969

 
$
76,058

 
$
45,807

Less allocation of earnings to participating securities
 
(114
)
 
(313
)
 
(725
)
 
(576
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
13,613

 
$
22,656

 
$
75,333

 
$
45,231

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,187

 
93,298

 
93,245

 
93,470

Diluted weighted average common shares
 
93,187

 
93,298

 
93,245

 
93,470

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.15

 
$
0.24

 
$
0.81

 
$
0.48

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.15

 
$
0.24

 
$
0.81

 
$
0.48