v3.26.1
Earnings Per Unit of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
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 June 30,Six months ended June 30,
2026202520262025
Numerator:
Net income attributable to Tanger Inc.$33,241 $30,086 $61,502 $49,287 
Less allocation of earnings to participating securities(257)(225)(467)(427)
Net income available to common shareholders of Tanger Inc.$32,984 $29,861 $61,035 $48,860 
Denominator:
Basic weighted average common shares114,455 112,659 114,347 112,528 
Effect of dilutive securities:
  Equity awards1,278 1,464 1,260 1,484 
Diluted weighted average common shares115,733 114,123 115,607 114,012 
Basic earnings per common share:
Net income $0.29 $0.27 $0.53 $0.43 
Diluted earnings per common share:
Net income $0.29 $0.26 $0.53 $0.43 
The following table sets forth a reconciliation of the numerators and denominators in computing earnings per unit (in thousands, except per unit amounts):
Three months ended June 30,Six months ended June 30,
2026202520262025
Numerator:
Net income attributable to partners of the Operating Partnership$34,599 $31,330 $64,016 $51,329 
Less allocation of earnings to participating securities(257)(225)(467)(427)
Net income available to common unitholders of the Operating Partnership$34,342 $31,105 $63,549 $50,902 
Denominator:
Basic weighted average common units119,133 117,322 119,021 117,197 
Effect of dilutive securities:
   Equity awards1,278 1,464 1,260 1,484 
Diluted weighted average common units120,411 118,786 120,281 118,681 
Basic earnings per common unit:
Net income $0.29 $0.27 $0.53 $0.43 
Diluted earnings per common unit:
Net income $0.29 $0.26 $0.53 $0.43