EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2018

EARNINGS PER SHARE

Summary of calculation of basic and diluted earnings per share

	Three Months Ended March 31, 2018
		Select Energy Services, Inc.		Class A		Class A-2		Class B
Numerator:
Net income	$	16,132
Net income attributable to noncontrolling interests		(6,033)
Net income attributable to Select Energy Services, Inc. — basic		10,099	$	9,097	$	1,002	$	—
Add: Reallocation of net income attributable to noncontrolling interests for the dilutive effect of restricted stock		10		11		(1)		—
Add: Reallocation of net income attributable to noncontrolling interests for the dilutive effect of stock options		25		29		(4)		—
Net income attributable to Select Energy Services, Inc. — diluted	$	10,134	$	9,137	$	997	$	—
Denominator:
Weighted-average shares of common stock outstanding — basic				59,064,958		6,507,445		40,331,989
Dilutive effect of restricted stock				165,402		-		-
Dilutive effect of stock options				443,106		-		-
Weighted-average shares of common stock outstanding — diluted				59,673,466		6,507,445		40,331,989
Earnings per share:
Basic			$	0.15	$	0.15	$	-
Diluted			$	0.15	$	0.15	$	-

	Three Months Ended March 31, 2017
		Select Energy Services, Inc.		Class A		Class A-2		Class B
Numerator:
Net loss	$	(12,280)
Net loss attributable to noncontrolling interests		8,108
Net loss attributable to Select Energy Services, Inc. — basic & diluted	$	(4,172)	$	(809)	$	(3,363)	$	-
Denominator:
Weighted-average shares of common stock outstanding — basic & diluted				3,870,194		16,100,000		38,462,541
Earnings per share:
Basic & diluted			$	(0.21)	$	(0.21)	$	-