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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of basic and diluted loss per share
Earnings per share is based on the amount of net income allocated to the shareholders and the weighted average number of shares outstanding during the period for each class of Common Stock.
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Income (numerator):
 
 
 
 
Basic:
 
 
 
 
Net income attributable to Ranger Energy Services, Inc.
 
$
1.5

 
$
2.0

Net income attributable to Class A Common Stock
 
$
1.5

 
$
2.0

 
 
 
 
 
Diluted:
 
 
 
 
Net income attributable to Ranger Energy Services, Inc.
 
$
1.5

 
$
2.0

Effect of noncontrolling interest, net of tax
 
0.9

 
0.9

Net income attributable to Class A Common Stock
 
$
2.4

 
$
2.9

 
 
 
 
 
Weighted average shares (denominator):
 
 
 
 
Weighted average number of shares - basic
 
8,617,781

 
8,448,719

Effect of share-based awards
 
65,749

 
299,556

Effect of noncontrolling interest, net of tax
 
6,866,154

 
6,866,154

Weighted average number of shares - diluted
 
15,549,684

 
15,614,429

 
 
 
 
 
Basic income per share
 
$
0.17

 
$
0.24

Diluted income per share
 
$
0.15

 
$
0.19