Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v2.4.0.6
Earnings Per Share of the Company (Tables) (Tanger Factory Outlet Centers, Inc)
6 Months Ended
Jun. 30, 2012
Tanger Factory Outlet Centers, Inc
 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
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 data):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2012
 
2011
 
2012
 
2011
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
11,717

 
$
9,422

 
$
19,845

 
$
18,820

Less allocation of earnings to participating securities
 
(209
)
 
(165
)
 
(367
)
 
(357
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
11,508

 
$
9,257

 
$
19,478

 
$
18,463

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
91,717

 
80,483

 
90,694

 
80,418

Effect of notional units
 
1,014

 
416

 
1,007

 
416

Effect of senior exchangeable notes
 

 
131

 

 
131

Effect of outstanding options
 
85

 
74

 
74

 
74

Diluted weighted average common shares
 
92,816

 
81,104

 
91,775

 
81,039

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.13

 
$
0.11

 
$
0.21

 
$
0.23

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.12

 
$
0.11

 
$
0.21

 
$
0.23