Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.19.3
Earnings Per Share of the Company (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc.
 
$
23,546

 
$
(21,859
)
 
$
99,604

 
$
23,948

Less allocation of earnings to participating securities
 
(305
)
 
(313
)
 
(1,030
)
 
(889
)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
23,241

 
$
(22,172
)
 
$
98,574

 
$
23,059

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
92,514

 
93,109

 
92,999

 
93,349

Diluted weighted average common shares
 
92,514

 
93,109

 
92,999

 
93,349

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
0.25

 
$
(0.24
)
 
$
1.06

 
$
0.25

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
0.25

 
$
(0.24
)
 
$
1.06

 
$
0.25