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])
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
23,003

 
$
53,294

 
$
56,469

 
$
85,621

Less allocation of earnings to participating securities
 
(481
)
 
(609
)
 
(1,391
)
 
(932
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
22,522

 
$
52,685

 
$
55,078

 
$
84,689

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,834

 
93,368

 
93,741

 
93,278

Effect of notional units
 
—

 
856

 
—

 
841

Effect of outstanding options and certain restricted common shares
 
67

 
76

 
70

 
91

Diluted weighted average common shares
 
93,901

 
94,300

 
93,811

 
94,210

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.24

 
$
0.56

 
$
0.59

 
$
0.91

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.24

 
$
0.56

 
$
0.59

 
$
0.90