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, 2014
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,
 
 
2014
 
2013
 
2014
 
2013
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
18,850

 
$
16,888

 
$
33,466

 
$
32,327

Less allocation of earnings to participating securities
 
(481
)
 
(231
)
 
(910
)
 
(425
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
18,369

 
$
16,657

 
$
32,556

 
$
31,902

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,800

 
93,331

 
93,690

 
93,232

Effect of notional units
 

 
784

 

 
777

Effect of outstanding options and certain restricted common shares
 
74

 
92

 
72

 
99

Diluted weighted average common shares
 
93,874

 
94,207

 
93,762

 
94,108

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.20

 
$
0.18

 
$
0.35

 
$
0.34

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.20

 
$
0.18

 
$
0.35

 
$
0.34