Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.22.0.1
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 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 earnings per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except per share amounts):
2021 2020 2019
Numerator
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ 9,118  $ (36,278) $ 87,855 
Less allocation of earnings to participating securities (804) (692) (1,336)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. $ 8,314  $ (36,970) $ 86,519 
Denominator
Basic weighted average common shares 100,418  92,618  92,808 
Effect of notional units 809  —  — 
Effect of outstanding options 752  —  — 
Diluted weighted average common shares 101,979  92,618  92,808 
Basic earnings per common share:
Net income (loss) $ 0.08  $ (0.40) $ 0.93 
Diluted earnings per common share:
Net income (loss) $ 0.08  $ (0.40) $ 0.93