Print Page  Close Window

SEC Filings

S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 05/12/1999
Entire Document
 
<PAGE>   364
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
 
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
 
13.  QUARTERLY INFORMATION (UNAUDITED)
 
     The following interim financial information of the Company presents the
1998 and 1997 consolidated results of operations on a quarterly basis (in
thousands):
 

<TABLE>
<CAPTION>
                                         QUARTERS ENDED 1998
                           ------------------------------------------------
                           MARCH 31(A)    JUNE 30    SEPT. 30    DEC. 31(B)
                           -----------    -------    --------    ----------
<S>                        <C>            <C>        <C>         <C>
Revenue..................    $22,006      $22,296    $22,335      $23,284
Operating income
  (loss).................        295          511     (1,522)       1,756
Net income (loss)........      1,437       (4,458)    (5,907)      33,347
</TABLE>

 
- -------------------------
 
     (a) First quarter includes a $5,900 gain from the sale of Michigan assets
         (Note 4).
 
     (b) Fourth quarter includes a $36,873 gain from the trade sale of certain
         Tennessee assets (Note 4).
 

<TABLE>
<CAPTION>
                                           QUARTERS ENDED 1997
                                ------------------------------------------
                                MARCH 31    JUNE 30    SEPT. 30    DEC. 31
                                --------    -------    --------    -------
<S>                             <C>         <C>        <C>         <C>
Revenue.......................  $19,337     $21,331    $21,458     $22,199
Operating loss................   (1,220)     (2,818)    (2,777)       (798)
Net loss......................   (5,998)     (6,890)    (8,127)     (5,029)
</TABLE>

 
14.  LITIGATION
 
     The Company could possibly be named as defendant in various actions and
proceedings arising from the normal course of business. In all such cases, the
Company will vigorously defend itself against the litigation and, where
appropriate, will file counterclaims. Although the eventual outcome of potential
lawsuits cannot be predicted, it is management's opinion that any such lawsuit
will not result in liabilities that would have a material affect on the
Company's financial position or results of operations.
 
                                      F-208