Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.3.0.814
Earnings Per Share of the Company (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Numerator
 
 
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
44,075

 
$
23,003

 
$
103,068

 
$
56,469

Less allocation of earnings to participating securities
 
(494
)
 
(481
)
 
(1,210
)
 
(1,391
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
43,581

 
$
22,522

 
$
101,858

 
$
55,078

Denominator
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
94,746

 
93,834

 
94,675

 
93,741

Effect of notional units
 
—

 
—

 
—

 
—

Effect of outstanding options and certain restricted common shares
 
53

 
67

 
62

 
70

Diluted weighted average common shares
 
94,799

 
93,901

 
94,737

 
93,811

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.46

 
$
0.24

 
$
1.08

 
$
0.59

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income
 
$
0.46

 
$
0.24

 
$
1.08

 
$
0.59