XML 75 R65.htm IDEA: XBRL DOCUMENT v3.22.2
INCOME (LOSS) PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Calculation of basic and diluted earnings per share:        
Net income (loss) $ 14,581 $ (19,615) $ 22,566 $ (47,036)
Net income (loss) attributable to noncontrolling interests (2,078) 3,048 (3,261) 7,362
Net income (loss) attributable to Select Energy Services, Inc. 12,503 (16,567) 19,305 (39,674)
Add: Reallocation of net income (loss) attributable to noncontrolling interests for the dilutive effect of restricted stock 18   34  
Add: Reallocation of net income (loss) attributable to noncontrolling interests for the dilutive effect of performance units 12   18  
Net income (loss) attributable to Select Energy Services, Inc. - diluted $ 12,533 $ (16,567) $ 19,357 $ (39,674)
Class A Common Stock        
Calculation of basic and diluted earnings per share:        
Antidilutive shares 1,846,578 2,132,690 1,846,578 2,132,690
Net income (loss) attributable to Select Energy Services, Inc. $ 12,503 $ (16,567) $ 19,305 $ (39,674)
Add: Reallocation of net income (loss) attributable to noncontrolling interests for the dilutive effect of restricted stock 18   34  
Add: Reallocation of net income (loss) attributable to noncontrolling interests for the dilutive effect of performance units 12   18  
Net income (loss) attributable to Select Energy Services, Inc. - diluted $ 12,533 $ (16,567) $ 19,357 $ (39,674)
Weighted-average shares of common stock outstanding - basic 93,833,504 85,244,439 92,833,593 85,118,851
Dilutive effect of restricted stock 904,023   1,099,937  
Dilutive effect of performance share units 618,282   573,490  
Dilutive effect of ESPP 80   157  
Weighted-average shares of common stock outstanding - diluted 95,355,889 85,244,439 94,507,178 85,118,851
Income (loss) per share, Basic (in dollars per share) $ 0.13 $ (0.19) $ 0.21 $ (0.47)
Income (loss) per share, Diluted (in dollars per share) $ 0.13 $ (0.19) $ 0.20 $ (0.47)
Class B Common Stock        
Calculation of basic and diluted earnings per share:        
Weighted-average shares of common stock outstanding - basic 16,221,101 16,221,101 16,221,101 16,221,101
Weighted-average shares of common stock outstanding - diluted 16,221,101 16,221,101 16,221,101 16,221,101