Annual report pursuant to Section 13 and 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])
 12 Months Ended
Dec. 31, 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 earnings per share for the years ended December 31, 2013, 2012 and 2011 (in thousands, except per share amounts):
 
 
2013
 
2012
 
2011
NUMERATOR
 
 
 
 
 
 
Income from continuing operations attributable to Tanger Factory Outlet Centers, Inc.
 
$
107,557

 
$
53,228

 
$
44,641

Less allocation of earnings to participating securities
 
(1,126
)
 
(784
)
 
(684
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
106,431

 
$
52,444

 
$
43,957

DENOMINATOR
 
 
 
 
 
 
Basic weighted average common shares
 
93,311

 
91,733

 
83,000

Effect of notional units
 
849

 
846

 
965

Effect of exchangeable notes
 
—

 
—

 
93

Effect of outstanding options and certain restricted shares
 
87

 
82

 
71

Diluted weighted average common shares
 
94,247

 
92,661

 
84,129

 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
Net income
 
$
1.14

 
$
0.57

 
$
0.53

 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
Net income
 
$
1.13

 
$
0.57

 
$
0.52