Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of the Company (Tables)

v3.10.0.1
Earnings Per Share of the Company (Tables)
 12 Months Ended
Dec. 31, 2018
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, 2018, 2017 and 2016 (in thousands, except per share amounts):
 
 
2018
 
2017
 
2016
Numerator
 
 
 
 
 
 
Net income attributable to Tanger Factory Outlet Centers, Inc.
 
$
43,655

 
$
68,002

 
$
193,744

Less allocation of earnings to participating securities
 
(1,211
)
 
(1,209
)
 
(1,926
)
Net income available to common shareholders of Tanger Factory Outlet Centers, Inc.
 
$
42,444

 
$
66,793

 
$
191,818

Denominator
 
 
 
 
 
 
Basic weighted average common shares
 
93,309

 
94,506

 
95,102

Effect of notional units
 
—

 
—

 
175

Effect of outstanding options and certain restricted common shares
 
1

 
16

 
68

Diluted weighted average common shares
 
93,310

 
94,522

 
95,345

Basic earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.45

 
$
0.71

 
$
2.02

Diluted earnings per common share:
 
 
 
 
 
 
Net income
 
$
0.45

 
$
0.71

 
$
2.01