Earnings Per Share of the Company (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
Numerator:
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc.	$	13,029	$	23,546	$	(36,541)	$	99,604
Less allocation of earnings to participating securities	(146)		(305)		(692)		(1,030)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc.	$	12,883	$	23,241	$	(37,233)	$	98,574
Denominator:
Basic weighted average common shares	92,649		92,514		92,596		92,999
Diluted weighted average common shares	92,649		92,514		92,596		92,999
Basic earnings per common share:
Net income (loss)	$	0.14	$	0.25	$	(0.40)	$	1.06
Diluted earnings per common share:
Net income (loss)	$	0.14	$	0.25	$	(0.40)	$	1.06