SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Share-based Compensation, Stock Options, Activity

The following table summarizes activity related to stock options granted to our employees:

	Shares Under Option	Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)
	Time Vesting				Aggregate Intrinsic Value (a)
Balance at December 31, 2020	37,062,146	$	25.52	8.69	$	457,608
Granted	18,192,257	16.87
Exercised	(1,368,156)	17.47
Forfeited and Cancelled	(2,887,431)	28.02
Balance at December 31, 2021	50,998,816	22.51		8.29	6,801
Granted	7,888,472	9.30
Forfeited and Cancelled	(7,811,613)	23.84
Balance at December 31, 2022	51,075,675	$	20.27	7.73	$	184
Granted	640	4.69
Forfeited	(3,525,176)	21.94
Exchanged and Canceled (b)	(24,015,508)	20.72
Balance at December 31, 2023	23,535,631	$	19.55	5.98	$	—
Options exercisable at December 31, 2023	17,931,371	$	22.76	5.17	$	—

(a)The aggregate intrinsic value is calculated as the difference between the exercise price and the closing price of Altice USA's Class A common stock at the respective date.

(b)Options exchanged and canceled in connection with the Company's stock option exchange program discussed below.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The weighted-average fair values of stock option awards granted during the years ended December 31, 2023, 2022 and 2021 were $2.42, $3.76 and $6.42, respectively. The following weighted-average assumptions were used to calculate these fair values:

	Years Ended December 31,
	2023	2022	2021
Risk-free interest rate	3.53%	3.42%	1.36%
Expected life (in years)	5.71	6.24	6.02
Dividend yield	—%	—%	—%
Volatility	50.10%	41.79%	35.80%

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table presents share-based compensation expense (benefit) and unrecognized compensation cost:

	Share-Based Compensation						Unrecognized Compensation Cost as of December 31, 2023
	2023		2022		2021
Awards issued pursuant to LTIP:
Stock option awards (a)	$	(3,850)	$	86,307	$	87,697	$	6,659
Performance stock units (a)	(12,757)		10,220		8,675		6,443
Restricted share units	33,809		63,458		1,120		57,546
Other	30,724		—		804		46,937
	$	47,926	$	159,985	$	98,296	$	117,585

(a)The benefit for the year ended December 31, 2023 includes credits due to the modification of awards to certain former executive officers and other forfeitures.