Earnings Per Share of the Company (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
Numerator:
Net income (loss) attributable to Tanger Factory Outlet Centers, Inc.	$	(10,579)	$	13,029	$	(3,968)	$	(36,541)
Less allocation of earnings to participating securities	(401)		(146)		(804)		(692)
Net income (loss) available to common shareholders of Tanger Factory Outlet Centers, Inc.	$	(10,980)	$	12,883	$	(4,772)	$	(37,233)
Denominator:
Basic weighted average common shares	103,269		92,649		99,446		92,569
Diluted weighted average common shares	103,269		92,649		99,446		92,569
Basic earnings per common share:
Net income (loss)	$	(0.11)	$	0.14	$	(0.05)	$	(0.40)
Diluted earnings per common share:
Net income (loss)	$	(0.11)	$	0.14	$	(0.05)	$	(0.40)