Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v2.4.0.8
Earnings Per Share of the Company (Tables) (Tanger Factory Outlet Centers, Inc [Member])
 6 Months Ended
Jun. 30, 2013
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,
 
 
2013
 
2012
 
2013
 
2012
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
16,888

 
$
11,717

 
$
32,327

 
$
19,845

Less allocation of earnings to participating securities
 
(231
)
 
(209
)
 
(425
)
 
(367
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
16,657

 
$
11,508

 
$
31,902

 
$
19,478

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,331

 
91,717

 
93,232

 
90,694

Effect of notional units
 
784

 
1,014

 
777

 
1,007

Effect of outstanding options and restricted common shares
 
92

 
85

 
99

 
74

Diluted weighted average common shares
 
94,207

 
92,816

 
94,108

 
91,775

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.18

 
$
0.13

 
$
0.34

 
$
0.21

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.18

 
$
0.12

 
$
0.34

 
$
0.21