Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.21.1
Earnings Per Share of the Company (Tables)
 3 Months Ended
Mar. 31, 2021
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 March 31,
  2021 2020
Numerator:
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ 4,133  $ (26,882)
Less allocation of earnings to participating securities (207) (516)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. $ 3,926  $ (27,398)
Denominator:
Basic weighted average common shares 94,812  92,500 
Effect of notional units 288  — 
Effect of outstanding options 717  — 
Diluted weighted average common shares 95,817  92,500 
Basic earnings per common share:
Net income (loss) $ 0.04  $ (0.30)
Diluted earnings per common share:
Net income (loss) $ 0.04  $ (0.30)