Earnings Per Share of the Company (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023, 2022 and 2021 (in thousands, except per share amounts):

	2023		2022		2021
Numerator
Net income attributable to Tanger Inc.	$	99,151	$	82,063	$	9,118
Less allocation of earnings to participating securities	(1,186)		(869)		(804)
Net income available to common shareholders of Tanger Inc.	$	97,965	$	81,194	$	8,314
Denominator
Basic weighted average common shares	104,682		103,687		100,418
Effect of notional units	1,052		1,240		809
Effect of outstanding options	798		709		752
Diluted weighted average common shares	106,532		105,636		101,979
Basic earnings per common share:
Net income	$	0.94	$	0.78	$	0.08
Diluted earnings per common share:
Net income	$	0.92	$	0.77	$	0.08