Earnings Per Share (Notes)

3 Months Ended

Mar. 31, 2023

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 common units. Charter Holdings common units of 18 million and 21 million for the three months ended March 31, 2023 and 2022, 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 months ended March 31, 2023 and 2022.


	Three Months Ended March 31,
		2023		2022
Numerator:
Net income attributable to Charter shareholders		$	1,021	$	1,203




Denominator:
Weighted average common shares outstanding, basic		151,438,371		170,688,127
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans		2,099,988		3,812,345

Weighted average common shares outstanding, diluted		153,538,359		174,500,472

Basic earnings per common share attributable to Charter shareholders		$	6.74	$	7.05
Diluted earnings per common share attributable to Charter shareholders		$	6.65	$	6.90