Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.20.2
Earnings Per Share of the Company (Tables)
9 Months Ended
Sep. 30, 2020
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,
  2020 2019 2020 2019
Numerator:
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ 13,029  $ 23,546  $ (36,541) $ 99,604 
Less allocation of earnings to participating securities (146) (305) (692) (1,030)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. $ 12,883  $ 23,241  $ (37,233) $ 98,574 
Denominator:
Basic weighted average common shares 92,649  92,514  92,596  92,999 
Diluted weighted average common shares 92,649  92,514  92,596  92,999 
Basic earnings per common share:
Net income (loss) $ 0.14  $ 0.25  $ (0.40) $ 1.06 
Diluted earnings per common share:
Net income (loss) $ 0.14  $ 0.25  $ (0.40) $ 1.06