Earnings Per Share (Notes)

12 Months Ended

Dec. 31, 2023

Earnings Per Share

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 common units. Charter Holdings common units of 18 million, 20 million and 19 million for the years ended December 31, 2023, 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 years presented.


	Year Ended December 31,
	2023		2022		2021
Numerator:
Net income attributable to Charter shareholders	$	4,557	$	5,055	$	4,654
Effect of dilutive securities:
Charter Holdings convertible preferred units	—		—		70
Net income attributable to Charter shareholders after assumed conversions	$	4,557	$	5,055	$	4,724

Denominator:
Weighted average common shares outstanding, basic	149,208,188		161,501,355		183,669,369
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans	2,758,125		2,932,241		5,052,041
Weighted average Charter Holdings convertible preferred units	—		—		4,321,538
Weighted average common shares outstanding, diluted	151,966,313		164,433,596		193,042,948

Basic earnings per common share attributable to Charter shareholders	$	30.54	$	31.30	$	25.34
Diluted earnings per common share attributable to Charter shareholders	$	29.99	$	30.74	$	24.47