Earnings Per Share (Notes)

3 Months Ended

Mar. 31, 2024

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 17 million and 18 million for the three months ended March 31, 2024 and 2023, 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, 2024 and 2023.


	Three Months Ended March 31,
		2024		2023
Numerator:
Net income attributable to Charter shareholders		$	1,106	$	1,021




Denominator:
Weighted average common shares outstanding, basic		144,510,317		151,438,371
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans		2,132,882		2,099,988
Weighted average common shares outstanding, diluted		146,643,199		153,538,359

Basic earnings per common share attributable to Charter shareholders		$	7.66	$	6.74
Diluted earnings per common share attributable to Charter shareholders		$	7.55	$	6.65