NOTE 14. LOSS PER SHARE

Loss per share is based on the amount of income allocated to the shareholders and the weighted average number of shares outstanding during the period for each class of common stock.

Losses related to periods prior to the reorganization and the Offering are attributable to the Predecessor. The following table presents the Company’s calculation of basic and diluted loss per share for the three and nine months ended September 30, 2017 and 2016 (dollars in millions, except share and per share amounts):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Loss (numerator):
Basic:
Net loss attributable to Ranger Energy Services, Inc.	$	(3.5)	$	—	$	(3.5)	$	—
Less: Net loss attributable to class B common stock		—		—		—		—
Net loss attributable to class A common stock		(3.5)		—		(3.5)		—

Diluted:
Net loss attributable to Ranger Energy Services, Inc.	$	(3.5)	$	—	$	(3.5)	$	—
Less: Net loss attributable to class B common stock		—		—		—		—
Net loss attributable to class A common stock		(3.5)		—		(3.5)		—

Weighted average shares (denominator):
Weighted average number of shares - basic and diluted		8,413,178		—		8,413,178		—

Basic loss per share		$ (0.42)		—		$ (0.42)		—

Diluted loss per share		$ (0.42)		—		$ (0.42)		—

For the periods presented, the Company excluded 6.9 million shares of common stock issuable upon conversion of the Company’s Class B common stock in calculating diluted loss per share, as the effect was anti-dilutive.