Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.20.2
Earnings Per Share of the Company (Tables)
 6 Months Ended
Jun. 30, 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 the Company’s earnings per share (in thousands, except per share amounts):
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc.
 
$
(22,688
)
 
$
13,727

 
$
(49,570
)
 
$
76,058

Less allocation of earnings to participating securities
 
(176
)
 
(114
)
 
(692
)
 
(725
)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
(22,864
)
 
$
13,613

 
$
(50,262
)
 
$
75,333

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
92,632

 
93,187

 
92,569

 
93,245

Diluted weighted average common shares
 
92,632

 
93,187

 
92,569

 
93,245

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.25
)
 
$
0.15

 
$
(0.54
)
 
$
0.81

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.25
)
 
$
0.15

 
$
(0.54
)
 
$
0.81