XML 21 R10.htm IDEA: XBRL DOCUMENT

Common Stock (Notes)

6 Months Ended

Jun. 30, 2023

The following represents the Company's purchase of Charter Class A common stock and the effect on the consolidated statements of cash flows during the three and six months ended June 30, 2023 and 2022.


	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
	Shares	$		Shares	$		Shares	$		Shares	$
Share buybacks	954,330	$	324	7,264,833	$	3,675	3,258,749	$	1,187	12,590,427	$	6,847
Income tax withholding	4,999	2		24,630	12		132,814	51		289,475	173
Exercise cost	13,111			80,826			53,792			229,483
	972,440	$	326	7,370,289	$	3,687	3,445,355	$	1,238	13,109,385	$	7,020

Share buybacks above include shares of Charter Class A common stock purchased from Liberty Broadband Corporation (“Liberty Broadband”) as follows.


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Number of shares purchased	—		2,257,443		120,149		3,227,684
Amount of shares purchased	$	—	$	1,204	$	42	$	1,806

As of June 30, 2023, Charter had remaining board authority to purchase an additional $482 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. The Company also withholds shares of its Class A common stock in payment of income tax withholding owed by employees upon vesting of equity awards as well as exercise costs owed by employees upon exercise of stock options.

In 2022, Charter’s board of directors approved the retirement of the then currently held treasury stock and those shares were retired as of December 31, 2022. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders’ equity.