Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.25.0.1
Earnings Per Share of the Company (Tables)
12 Months Ended
Dec. 31, 2024
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, 2024, 2023 and 2022 (in thousands, except per share amounts):
2024 2023 2022
Numerator
Net income attributable to Tanger Inc. $ 98,595  $ 99,151  $ 82,063 
Less allocation of earnings to participating securities (920) (1,186) (869)
Net income available to common shareholders of Tanger Inc. $ 97,675  $ 97,965  $ 81,194 
Denominator
Basic weighted average common shares 109,263  104,682  103,687 
Effect of notional units 865  1,052  1,240 
Effect of outstanding options 951  798  709 
Diluted weighted average common shares 111,079  106,532  105,636 
Basic earnings per common share:
Net income $ 0.89  $ 0.94  $ 0.78 
Diluted earnings per common share:
Net income $ 0.88  $ 0.92  $ 0.77