Earnings Per Share (Notes)

3 Months Ended

Mar. 31, 2022

Basic earnings per common share is computed by dividing net income attributable to Charter shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share considers the impact of potentially dilutive securities using the treasury stock and if-converted methods and is based on the weighted average number of shares used for the basic earnings per share calculation, adjusted for the dilutive effect of stock options, restricted stock, restricted stock units, equity awards with market conditions and Charter Holdings convertible preferred units and common units. Charter Holdings common units of 21 million and 15 million for the three months ended March 31, 2022 and 2021, respectively, were not included in the computation of diluted earnings per share as their effect would have been antidilutive. The following is the computation of diluted earnings per common share for the three months ended March 31, 2022 and 2021.


	Three Months Ended March 31,
		2022		2021
Numerator:
Net income attributable to Charter shareholders		$	1,203	$	807
Effect of dilutive securities:

Charter Holdings convertible preferred units		—		38
Net income attributable to Charter shareholders after assumed conversions		$	1,203	$	845

Denominator:
Weighted average common shares outstanding, basic		170,688,127		191,404,527
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans		3,812,345		5,134,509

Weighted average Charter Holdings convertible preferred units		—		9,333,500
Weighted average common shares outstanding, diluted		174,500,472		205,872,536

Basic earnings per common share attributable to Charter shareholders		$	7.05	$	4.22
Diluted earnings per common share attributable to Charter shareholders		$	6.90	$	4.11