Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of the Company (Tables)

v3.8.0.1
Earnings Per Share of the Company (Tables)
9 Months Ended
Sep. 30, 2017
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,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc.
 
$
(15,219
)
 
$
69,104

 
$
36,507

 
$
169,671

Less allocation of earnings to participating securities
 
(306
)
 
(627
)
 
(907
)
 
(1,649
)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
(15,525
)
 
$
68,477

 
$
35,600

 
$
168,022

Denominator:
 
 
 
 
 
 
 
 
Basic weighted average common shares
 
93,923

 
95,156

 
94,781

 
95,075

Effect of notional units
 

 
426

 

 
393

Effect of outstanding options and certain restricted common shares
 

 
90

 
23

 
69

Diluted weighted average common shares
 
93,923

 
95,672

 
94,804

 
95,537

Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.17
)
 
$
0.72

 
$
0.38

 
$
1.77

Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(0.17
)
 
$
0.72

 
$
0.38

 
$
1.76