NOTE 15. LOSS PER SHARE

Loss per share is based on the amount of loss 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 months ended March 31, 2018 (dollars in millions, except share and per share amounts):


	Three Months Ended
	March 31,
	2018
Loss (numerator):
Basic:
Net loss attributable to Ranger Energy Services, Inc.	$	(5.7)
Less: Net loss attributable to Class B Common Stock		—
Net loss attributable to Class A Common Stock		(5.7)

Diluted:
Net loss attributable to Ranger Energy Services, Inc.	$	(5.7)
Less: Net loss attributable to Class B Common Stock		—
Net loss attributable to Class A Common Stock		(5.7)

Weighted average shares (denominator):
Weighted average number of shares - basic		8,423,445
Weighted average number of shares - diluted		8,423,445

Basic loss per share		$ (0.68)

Diluted loss per share		$ (0.68)

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.