Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.19.3.a.u2
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 31, 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 earnings per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share amounts):
 
 
2019
 
2018
 
2017
Numerator
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
87,855

 
$
43,655

 
$
68,002

Less allocation of earnings to participating securities
 
(1,336
)
 
(1,211
)
 
(1,209
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
86,519

 
$
42,444

 
$
66,793

Denominator
 
 
 
 
 
 
Basic weighted average common shares
 
92,808

 
93,309

 
94,506

Effect of outstanding options and certain restricted common shares
 
—

 
1

 
16

Diluted weighted average common shares
 
92,808

 
93,310

 
94,522

Basic earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.93

 
$
0.45

 
$
0.71

Diluted earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.93

 
$
0.45

 
$
0.71