QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2017

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

Schedule of quarterly results of operations

	2017
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
	(in thousands)
Revenue	$	99,925	$	134,449	$	153,880	$	304,237
Gross profit (loss)		(242)		12,254		19,509		26,259
Income (loss) from operations		(12,508)		(11,909)		2,457		(8,039)
Net income (loss)		(12,280)		(10,490)		2,593		(14,950)
Net income (loss) attributable to Select Energy Services, Inc.		(4,172)		(4,216)		1,224		(9,652)
Net income (loss) per share attributable to common stockholders:
Class A-Basic & Diluted	$	(0.21)	$	(0.16)	$	0.04	$	(0.18)
Class A-1-Basic & Diluted	$	(0.21)	$	(0.16)	$	—	$	—
Class A-2-Basic & Diluted	$	—	$	—	$	—	$	(0.18)
Class B-Basic & Diluted	$	—	$	—	$	—	$	—

	2016
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
	(in thousands)
Revenue	$	78,839	$	62,919	$	73,907	$	86,734
Gross loss		(11,937)		(17,299)		(8,970)		(5,922)
Loss from operations		(21,551)		(224,822)		(31,266)		(21,334)
Net loss		(25,793)		(228,238)		(35,204)		(24,713)
Net loss attributable to Select Energy Services, Inc.(1)		—		—		—		(1,043)
Net loss per share attributable to common stockholders(1):
Class A-Basic & Diluted	$	—	$	—	$	—	$	(0.05)
Class A-1-Basic & Diluted	$	—	$	—	$	—	$	(0.05)
Class B-Basic & Diluted	$	—	$	—	$	—	$	—

(1) Earnings related to periods prior to the Select 144A Offering and the related reorganization are attributable to the Company’s predecessor. There is no income allocated to the Company and no earnings per share information prior to the reorganization related to the Select 144A Offering.