Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.24.0.1
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 31, 2023
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, 2023, 2022 and 2021 (in thousands, except per share amounts):
2023 2022 2021
Numerator
Net income attributable to Tanger Inc. $ 99,151  $ 82,063  $ 9,118 
Less allocation of earnings to participating securities (1,186) (869) (804)
Net income available to common shareholders of Tanger Inc. $ 97,965  $ 81,194  $ 8,314 
Denominator
Basic weighted average common shares 104,682  103,687  100,418 
Effect of notional units 1,052  1,240  809 
Effect of outstanding options 798  709  752 
Diluted weighted average common shares 106,532  105,636  101,979 
Basic earnings per common share:
Net income $ 0.94  $ 0.78  $ 0.08 
Diluted earnings per common share:
Net income $ 0.92  $ 0.77  $ 0.08