(LOSS) EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2020

(LOSS) EARNINGS PER SHARE

Summary of calculation of basic and diluted earnings per share

The following tables present the Company’s calculation of basic and diluted (loss) earnings per share for the Current and Prior Quarter and the Current and Prior Period (dollars in thousands, except share and per share amounts):

	Three months ended September 30, 2020						Three months ended September 30, 2019
	Select Energy						Select Energy
	Services, Inc.		Class A		Class B		Services, Inc.		Class A		Class B
Numerator:
Net (loss) income	$	(36,260)					$	7,172
Net loss (income) attributable to noncontrolling interests		5,719						(1,793)
Net (loss) income attributable to Select Energy Services, Inc. — basic		(30,541)	$	(30,541)	$	—		5,379	$	5,379	$	—
Add: Reallocation of net loss (income) attributable to noncontrolling interests for the dilutive effect of restricted stock		—		—		—		7		7		—
Add: Reallocation of net loss (income) attributable to noncontrolling interests for the dilutive effect of stock options		—		—		—		1		1		—
Net (loss) income attributable to Select Energy Services, Inc. — diluted	$	(30,541)	$	(30,541)	$	—	$	5,387	$	5,387	$	—
Denominator:
Weighted-average shares of common stock outstanding — basic				84,794,286		16,221,101				79,468,991		24,513,654
Dilutive effect of restricted stock				—		—				339,911		—
Dilutive effect of stock options				—		—				28,575		—
Dilutive effect of ESPP				—		—				104		—
Weighted-average shares of common stock outstanding — diluted				84,794,286		16,221,101				79,837,581		24,513,654
(Loss) earnings per share:
Basic			$	(0.36)	$	—			$	0.07	$	—
Diluted			$	(0.36)	$	—			$	0.07	$	—

	Nine months ended September 30, 2020						Nine months ended September 30, 2019
	Select Energy						Select Energy
	Services, Inc.		Class A		Class B		Services, Inc.		Class A		Class B
Numerator:
Net (loss) income	$	(380,524)					$	16,640
Net loss (income) attributable to noncontrolling interests		59,823						(3,926)
Net (loss) income attributable to Select Energy Services, Inc. — basic		(320,701)	$	(320,701)	$	—		12,714	$	12,714	$	—
Add: Reallocation of net loss (income) attributable to noncontrolling interests for the dilutive effect of restricted stock		—		—		—		15		15		—
Add: Reallocation of net loss (income) attributable to noncontrolling interests for the dilutive effect of stock options		—		—		—		3		3		—
Net (loss) income attributable to Select Energy Services, Inc. — diluted	$	(320,701)	$	(320,701)	$	—	$	12,732	$	12,732	$	—
Denominator:
Weighted-average shares of common stock outstanding — basic				85,276,951		16,221,101				78,848,939		25,516,904
Dilutive effect of restricted stock				—		—				358,503		—
Dilutive effect of stock options				—		—				60,174		—
Dilutive effect of ESPP				—		—				299		—
Weighted-average shares of common stock outstanding — diluted				85,276,951		16,221,101				79,267,915		25,516,904
(Loss) earnings per share:
Basic			$	(3.76)	$	—			$	0.16	$	—
Diluted			$	(3.76)	$	—			$	0.16	$	—