Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.4.0.3
Earnings Per Share of the Company (Tables)
 3 Months Ended
Mar. 31, 2016
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 March 31,
 
 
 
2016
 
2015
 
Numerator
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
27,150

 
$
34,512

 
Less allocation of earnings to participating securities
 
(294
)
 
(408
)
 
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
26,856

 
$
34,104

 
Denominator
 
 
 
 
 
Basic weighted average common shares
 
94,944

 
94,536

 
Effect of notional units
 
—

 
82

 
Effect of outstanding options and certain restricted common shares
 
59

 
79

 
Diluted weighted average common shares
 
95,003

 
94,697

 
Basic earnings per common share:
 
 
 
 
 
Net income
 
$
0.28

 
$
0.36

 
Diluted earnings per common share:
 
 
 
 
 
Net income
 
$
0.28

 
$
0.36