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Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share NET INCOME PER SHARE
Basic net income per common share attributable to Altice USA stockholders is computed by dividing net income attributable to Altice USA stockholders by the weighted average number of common shares outstanding during the period. Diluted income per common share attributable to Altice USA stockholders reflects the dilutive effects of stock options, restricted stock and restricted stock units. For such awards that are performance based, the diluted effect is reflected upon the achievement of the performance criteria.
The following table presents a reconciliation of weighted average shares used in the calculations of the basic and diluted net income per share attributable to Altice USA stockholders for the three months ended March 31, 2022 and 2021:
Three Months Ended March 31,
20222021
(in thousands)
Basic weighted average shares outstanding453,229 469,233 
Effect of dilution:
Stock options— 6,170 
Restricted stock— 45 
Diluted weighted average shares outstanding453,229 475,448 
Weighted average shares excluded from diluted weighted average shares outstanding:
Anti-dilutive shares58,401 495 
Performance stock units and restricted stock whose performance metrics have not been achieved.7,705 8,748 
Net income per membership unit for CSC Holdings is not presented since CSC Holdings is a limited liability company and a wholly-owned subsidiary of Altice USA.