Charter 2011 Annual Report Download - page 108

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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2011, 2010 AND 2009
(dollars in millions, except share or per share data or where indicated)
F- 24
The following table summarizes our shares outstanding for the three years ended December 31, 2011:
BALANCE, December 31, 2008, Predecessor
Performance share vesting
Restricted stock cancellations
Returns pursuant to share lending agreement
Cancellation of Predecessor Class A and Class B
common stock
BALANCE, November 30, 2009, Predecessor
SUCCESSOR:
Issuance of new Charter Class A and Class B common
stock in connection with emergence from Chapter 11
Balance, November 30, 2009, Successor
CII exchange of Charter Holdco interest (see Note 18)
Restricted stock issuances
BALANCE, December 31, 2009, Successor
CII exchange of Charter Holdco interest (see Note 18)
Restricted stock cancellations, net of issuances
Stock issuances from exercise of warrants
Stock issuances pursuant to employment agreements
Purchase of treasury stock (see Note 9)
BALANCE, December 31, 2010, Successor
Conversion of Class B common stock into Class A
Restricted stock issuances, net of cancellations
Option exercises
Stock issuances pursuant to employment agreements
Purchase of treasury stock (see Note 9)
BALANCE, December 31, 2011, Successor
Class A
Common
Stock
411,737,894
890,692
(10,518,362)
(18,784,300)
(383,325,924)
—
109,748,948
109,748,948
907,698
1,920,226
112,576,872
212,923
(311,650)
21
16,000
(176,475)
112,317,691
2,241,299
472,099
140,893
7,000
(14,608,564)
100,570,418
Class B
Common
Stock
50,000
—
—
—
(50,000)
—
2,241,299
2,241,299
—
—
2,241,299
—
—
—
—
—
2,241,299
(2,241,299)
—
—
—
—
—
12. Comprehensive Income (Loss)
The Company reports changes in the fair value of interest rate swap agreements designated as hedging the variability of cash flows
associated with floating-rate debt obligations, that meet effectiveness criteria in accumulated other comprehensive income (loss).
Consolidated comprehensive loss for the years ended December 31, 2011 and 2010 (Successor) was $377 million and $294 million,
respectively. Consolidated comprehensive income for the one month ended December 31, 2009 (Successor) and eleven months
ended November 30, 2009 (Predecessor) was $2 million and $10.2 billion, respectively. Consolidated comprehensive income
(loss) for the years ended December 31, 2011 and 2010 (Successor) and eleven months ended November 30, 2009 (Predecessor)
includes an $8 million, $57 million and $9 million loss, respectively, on the fair value of interest rate swap agreements designated
as cash flow hedges. For the eleven months ended November 30, 2009 (Predecessor), consolidated comprehensive income also
included a $61 million gain related to the amortization of the accumulated other comprehensive loss related to terminated interest
rate swap agreements in connection with the bankruptcy.