Earnings Per Share (Notes)

9 Months Ended

Sep. 30, 2019

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 of 28 million and 29 million for the three and nine months ended September 30, 2019, respectively, and 30 million and 31 million for the three and nine months ended September 30, 2018, 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 and nine months ended September 30, 2019 and 2018.



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Numerator:
Net income attributable to Charter shareholders	$	387	$	493	$	954	$	934

Denominator:
Weighted average common shares outstanding, basic	218,499,213		230,554,633		221,818,079		234,159,830
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans	3,856,654		3,052,781		3,519,905		3,184,094
Weighted average common shares outstanding, diluted	222,355,867		233,607,414		225,337,984		237,343,924

Basic earnings per common share attributable to Charter shareholders	$	1.77	$	2.14	$	4.30	$	3.99
Diluted earnings per common share attributable to Charter shareholders	$	1.74	$	2.11	$	4.23	$	3.93