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Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity  
Summary of activity related to restricted stock

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​

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​

Restricted Stock Awards

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​

2020

​

2019

Unvested at January 1,

 

627,251

​

411,497

Awarded

 

386,146

​

375,068

Vested

 

(141,700)

​

(706)

Forfeited

 

(32,845)

​

(405)

Unvested at March 31,

​

838,852

​

785,454

Awarded

​

10,194

​

29,847

Vested

​

(80,203)

​

(67,674)

Forfeited

​

(37,164)

​

(7,896)

Unvested at June 30,

​

731,679

​

739,731

Schedule of earnings per share calculation

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​

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Three Months Ended June 30,

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Six Months Ended June 30,

Basic net income per share:

​

2020

​

2019

​

2020

    

2019

​

​

​

​

​

​

​

​

​

​

​

​

​

Numerator

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​

Net income (loss) attributable to Solaris

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$

(5,540)

​

$

13,275

​

$

(24,623)

​

$

25,592

Loss (income) attributable to participating securities (1)

​

​

—

​

​

(322)

​

​

—

​

​

(575)

Net income (loss) attributable to common stockholders

​

$

(5,540)

​

$

12,953

​

$

(24,623)

​

$

25,017

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​

​

​

​

​

​

​

​

​

​

​

​

Denominator

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​

​

​

​

​

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​

​

​

​

​

Weighted average number of unrestricted outstanding common shares used to calculate basic net income per share

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​

28,638

​

​

30,609

​

​

28,975

​

​

29,326

Effect of dilutive securities:

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​

​

​

​

​

​

​

​

​

​

​

Stock options

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​

—

​

​

35

​

​

—

​

​

61

Diluted weighted-average shares of Class A common stock outstanding used to calculate diluted net income per share

​

​

28,638

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​

30,644

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​

28,975

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​

29,387

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​

​

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​

​

​

​

​

Earnings per share of Class A common stock - basic

​

$

(0.20)

​

$

0.42

​

$

(0.85)

​

$

0.85

Earnings per share of Class A common stock - diluted

​

$

(0.20)

​

$

0.42

​

$

(0.85)

​

$

0.85

​

(1)The Company’s restricted shares of common stock are participating securities.
Schedule of antidilutive shares

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Three Months Ended June 30,

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Six Months Ended June 30,

​

​

2020

​

2019

​

2020

    

2019

Class B common stock

​

​

15,856

​

​

16,202

​

​

15,889

​

​

17,450

Restricted stock awards

​

​

761

​

​

231

​

​

726

​

​

71

Stock Options

​

​

13

​

​

—

​

​

17

​

​

—

Total

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​

16,630

​

​

16,433

​

​

16,632

​

​

17,521