Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v2.4.1.9
Earnings Per Share of the Company (Tables) (Tanger Factory Outlet Centers, Inc [Member])
 12 Months Ended
Dec. 31, 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 earnings per share for the years ended December 31, 2014, 2013 and 2012 (in thousands, except per share amounts):
 
 
2014
 
2013
 
2012
NUMERATOR
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
74,011

 
$
107,557

 
$
53,228

Less allocation of earnings to participating securities
 
(1,872
)
 
(1,126
)
 
(784
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
72,139

 
$
106,431

 
$
52,444

DENOMINATOR
 
 
 
 
 
 
Basic weighted average common shares
 
93,769

 
93,311

 
91,733

Effect of notional units
 
—

 
849

 
846

Effect of outstanding options and certain restricted common shares
 
70

 
87

 
82

Diluted weighted average common shares
 
93,839

 
94,247

 
92,661

 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.77

 
$
1.14

 
$
0.57

 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.77

 
$
1.13

 
$
0.57