Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.21.2
Earnings Per Share of the Company (Tables)
9 Months Ended
Sep. 30, 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 the Company’s earnings per share (in thousands, except per share amounts):
Three months ended September 30, Nine months ended September 30,
  2021 2020 2021 2020
Numerator:
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc. $ (10,579) $ 13,029  $ (3,968) $ (36,541)
Less allocation of earnings to participating securities (401) (146) (804) (692)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc. $ (10,980) $ 12,883  $ (4,772) $ (37,233)
Denominator:
Basic weighted average common shares 103,269  92,649  99,446  92,569 
Diluted weighted average common shares 103,269  92,649  99,446  92,569 
Basic earnings per common share:
Net income (loss) $ (0.11) $ 0.14  $ (0.05) $ (0.40)
Diluted earnings per common share:
Net income (loss) $ (0.11) $ 0.14  $ (0.05) $ (0.40)