Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.20.4
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 31, 2020
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, 2020, 2019 and 2018 (in thousands, except per share amounts):
2020 2019 2018
Numerator
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ (36,278) $ 87,855  $ 43,655 
Less allocation of earnings to participating securities (692) (1,336) (1,211)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. $ (36,970) $ 86,519  $ 42,444 
Denominator
Basic weighted average common shares 92,618  92,808  93,309 
Effect of outstanding options and certain restricted common shares —  —  1 
Diluted weighted average common shares 92,618  92,808  93,310 
Basic earnings per common share:
Net income (loss) $ (0.40) $ 0.93  $ 0.45 
Diluted earnings per common share:
Net income (loss) $ (0.40) $ 0.93  $ 0.45