Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.2.0.727
Earnings Per Share of the Company (Tables)
6 Months Ended
Jun. 30, 2015
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,
 
 
2015
 
2014
 
2015
 
2014
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
24,481

 
$
18,850

 
$
58,993

 
$
33,466

Less allocation of earnings to participating securities
 
(308
)
 
(481
)
 
(716
)
 
(910
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
24,173

 
$
18,369

 
$
58,277

 
$
32,556

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
94,741

 
93,800

 
94,639

 
93,690

Effect of notional units
 

 

 

 

Effect of outstanding options and certain restricted common shares
 
54

 
74

 
66

 
72

Diluted weighted average common shares
 
94,795

 
93,874

 
94,705

 
93,762

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.26

 
$
0.20

 
$
0.62

 
$
0.35

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.26

 
$
0.20

 
$
0.62

 
$
0.35