XML 23 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Common Stock (Notes)
6 Months Ended
Jun. 30, 2018
Common Stock [Abstract]  
Common Stock
Common Stock

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, 2018 and 2017.

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
 
Shares
 
$
 
Shares
 
$
 
Shares
 
$
 
Shares
 
$
Share buybacks
5,710,247

 
$
1,657

 
9,953,269

 
$
3,299

 
7,303,293

 
$
2,213

 
12,418,839

 
$
4,098

Income tax withholding
23,645

 
7

 
87,828

 
29

 
196,691

 
68

 
391,865

 
125

Exercise cost
1,752

 
 
 
1,391

 
 
 
6,415

 
 
 
40,545

 
 
 
5,735,644

 
$
1,664

 
10,042,488

 
$
3,328

 
7,506,399

 
$
2,281

 
12,851,249

 
$
4,223



As of June 30, 2018, Charter had remaining board authority to purchase an additional $786 million of Charter’s Class A common stock and/or Charter Holdings common units. 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 2017, Charter’s board of directors approved the retirement of the then currently held treasury stock and those shares were retired as of December 31, 2017. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders’ equity.