XML 31 R19.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings Per Share (Notes)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per ShareBasic 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 19 million and 20 million for the three and nine months ended September 30, 2022, respectively, and 23 million and 18 million for the three and nine months ended September 30, 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 and nine months ended September 30, 2022 and 2021.

Three Months Ended September 30, Nine Months Ended September 30,
2022202120222021
Numerator:
Net income attributable to Charter shareholders$1,185 $1,217 $3,859 $3,044 
Effect of dilutive securities:
Charter Holdings convertible preferred units — — — 70 
Net income attributable to Charter shareholders after assumed conversions$1,185 $1,217 $3,859 $3,114 
Denominator:
Weighted average common shares outstanding, basic157,971,109 181,925,180 164,189,703 186,380,681 
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans2,667,077 5,240,891 3,162,074 5,158,105 
Weighted average Charter Holdings convertible preferred units — — — 5,777,881 
Weighted average common shares outstanding, diluted160,638,186 187,166,071 167,351,777 197,316,667 
Basic earnings per common share attributable to Charter shareholders$7.51 $6.69 $23.51 $16.33 
Diluted earnings per common share attributable to Charter shareholders$7.38 $6.50 $23.06 $15.78