0000000000-22-007079.txt : 20221115 0000000000-22-007079.hdr.sgml : 20221115 20220701153005 ACCESSION NUMBER: 0000000000-22-007079 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220701 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: CHARTER COMMUNICATIONS, INC. /MO/ CENTRAL INDEX KEY: 0001091667 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 841496755 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 400 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-905-7800 MAIL ADDRESS: STREET 1: 400 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06901 FORMER COMPANY: FORMER CONFORMED NAME: CHARTER COMMUNICATIONS INC /MO/ DATE OF NAME CHANGE: 19990723 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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end TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo July 1, 2022 Jessica Fischer Chief Financial Officer Charter Communications, Inc. 400 Washington Blvd. Stamford, Connecticut 06902 Re: Charter Communications, Inc. Form 10-K for the Fiscal Year Ended December 31, 2021 Filed January 28, 2022 Form 8-K filed April 29, 2022 File No. 001-33664 Dear Ms. Fischer: We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 8-K filed April 29, 2022 Exhibit 99.1, page 1 1. In your Key Highlights bullet points, you present the non-GAAP Adjusted EBITDA measure prior to the most directly comparable GAAP measure of Net Income Attributable to Charter Shareholders, which places undue prominence on your non-GAAP measure. Please ensure that your non-GAAP measure does not precede the most directly comparable GAAP measure in your next earnings release. See Item 10(e)(1)(i)(A) of Regulation S-K and Question 102.10 of the updated Non-GAAP Compliance and Disclosure Interpretations. 2. We note that you present Free Cash Flow in the highlighted bullet points but do not disclose the most directly comparable GAAP measure of Net Cash Flows from Operating Activities. Please provide the most directly comparable GAAP measure with equal or Jessica Fischer Charter Communications, Inc. July 1, 2022 Page 2 greater prominence. See Item 10(e)(1)(i)(A) of Regulation S-K. 3. On pages 4 of the earnings release and 1 of the Addendum, you present Adjusted EBITDA and Adjusted EBITDA margin on the face of the Unaudited Consolidated Statement of Operations and Operating Data as if the measures had been prepared in accordance with generally accepted accounting principles (GAAP). The presentation does not appear to be prepared in a form as prescribed by Rule 4-01(a) of Regulation S-X, which provides guidance on the form, order and terminology used in presenting financial statements. Moreover, Rule 4-01(a)(1) of Regulation S-X requires financial statements to be prepared in accordance with GAAP, yet Adjusted EBITDA and Adjusted EBITDA margin are not GAAP. Please revise your next earnings release to provide financial statements that are in prescribed form and contain no departures from U.S. GAAP. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Joseph Cascarano, Senior Staff Accountant, at (202) 551-3376 or Robert S. Littlepage, Accountant Branch Chief, at (202) 551-3361 with any questions. FirstName LastNameJessica Fischer Sincerely, Comapany NameCharter Communications, Inc. Division of Corporation Finance July 1, 2022 Page 2 Office of Technology FirstName LastName