EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

EARNINGS (LOSS) PER SHARE

Summary of calculation of basic and diluted earnings per share

The following tables present the Company’s calculation of basic and diluted (loss) earnings per share for the Current and Prior Quarter (dollars in thousands, except share and per share amounts):

	Three months ended March 31, 2020						Three months ended March 31, 2019
	Select Energy						Select Energy
	Services, Inc.		Class A		Class B		Services, Inc.		Class A		Class B
Numerator:
Net (loss) income	$	(291,220)					$	1,400
Net loss (income) attributable to noncontrolling interests		45,358						(265)
Net (loss) income attributable to Select Energy Services, Inc. — basic		(245,862)	$	(245,862)	$	—		1,135	$	1,135	$	—
Add: Reallocation of net income attributable to noncontrolling interests for the dilutive effect of restricted stock		—		—		—		1		1		—
Net (loss) income attributable to Select Energy Services, Inc. — diluted	$	(245,862)	$	(245,862)	$	—	$	1,136	$	1,136	$	—
Denominator:
Weighted-average shares of common stock outstanding — basic				86,104,925		16,221,101				78,523,768		26,026,843
Dilutive effect of restricted stock				—		—				209,811		—
Dilutive effect of stock options				—		—				34,488		—
Dilutive effect of ESPP				—		—				94		—
Weighted-average shares of common stock outstanding — diluted				86,104,925		16,221,101				78,768,161		26,026,843
Earnings per share:
Basic			$	(2.86)	$	—			$	0.01	$	—
Diluted			$	(2.86)	$	—			$	0.01	$	—