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Earnings Per Share (Notes)
6 Months Ended
Jun. 30, 2017
Earnings (Loss) Per Share [Abstract]  
Earnings (Loss) Per Share
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 convertible preferred units and common units. Charter Holdings common and convertible preferred units were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2017 as their effect was antidilutive. The following is the computation of diluted earnings per common share for the three and six months ended June 30, 2017 and 2016.

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income attributable to Charter shareholders
$
139

 
$
3,067

 
$
294

 
$
2,879

Effect of dilutive securities:
 
 
 
 
 
 
 
Charter Holdings common units

 
29

 

 
29

Charter Holdings convertible preferred units

 
18

 

 
18

Net income attributable to Charter shareholders after assumed conversions
$
139

 
$
3,114

 
$
294

 
$
2,926

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
263,460,911

 
183,362,776

 
266,217,549

 
142,457,435

Effect of dilutive securities:
 
 
 
 
 
 
 
Assumed exercise or issuance of shares relating to stock plans
3,848,350

 
2,351,592

 
4,031,884

 
1,751,850

Weighted average Charter Holdings common units

 
14,986,997

 

 
7,493,498

Weighted average Charter Holdings convertible preferred units

 
4,512,901

 

 
2,256,451

Weighted average common shares outstanding, diluted
267,309,261

 
205,214,266

 
270,249,433

 
153,959,234

 
 
 
 
 
 
 
 
Basic earnings per common share attributable to Charter shareholders
$
0.53

 
$
16.73

 
$
1.11

 
$
20.21

Diluted earnings per common share attributable to Charter shareholders
$
0.52

 
$
15.17

 
$
1.09

 
$
19.00