Earnings Per Share (Notes)

6 Months Ended

Jun. 30, 2021

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 units of 15 million for the three and six months ended June 30, 2021 and Charter Holdings common and convertible preferred units of 26 million for the three and six months ended June 30, 2020 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 six months ended June 30, 2021 and 2020.


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:
Net income attributable to Charter shareholders	$	1,020	$	766	$	1,827	$	1,162
Effect of dilutive securities:

Charter Holdings convertible preferred units	32		—		70		—
Net income attributable to Charter shareholders after assumed conversions	$	1,052	$	766	$	1,897	$	1,162

Denominator:
Weighted average common shares outstanding, basic	185,916,505		205,777,438		188,645,356		206,804,371
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans	5,058,176		5,129,508		5,098,205		5,353,847

Weighted average Charter Holdings convertible preferred units	8,102,709		—		8,714,704		—
Weighted average common shares outstanding, diluted	199,077,390		210,906,946		202,458,265		212,158,218

Basic earnings per common share attributable to Charter shareholders	$	5.48	$	3.72	$	9.69	$	5.62
Diluted earnings per common share attributable to Charter shareholders	$	5.29	$	3.63	$	9.37	$	5.48