Charter 2006 Annual Report Download - page 119

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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES 2006 FORM 10-K
Notes to Consolidated Financial Statements (continued)
In the fourth quarter, loss from continuing operations and income from discontinued operations, net of tax include $16 million and
$18 million, respectively, of income tax expense related to asset sales that occurred in the third quarter of 2006.
Year Ended December 31, 2005
First Quarter Second Quarter Third Quarter Fourth Quarter
Revenues $ 1,215 $ 1,266 $ 1,265 $ 1,287
Operating income from continuing operations 42 100 54 108
Income (loss) from continuing operations (377) (359) 72 (339)
Income from discontinued operations, net of tax 25 4 4 3
Net income (loss) applicable to common stock (353) (356) 75 (336)
Basic income (loss) from continuing operations per common share (1.25) (1.19) 0.23 (1.07)
Diluted income (loss) from continuing operations per common share (1.25) (1.19) 0.08 (1.07)
Basic income (loss) per common share (1.16) (1.18) 0.24 (1.06)
Diluted income (loss) per common share (1.16) (1.18) 0.09 (1.06)
Weighted-average shares outstanding, basic 303,358,880 303,670,347 316,264,740 317,322,233
Weighted-average shares outstanding, diluted 303,358,880 303,670,347 1,012,641,842 317,322,233
F-38