Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings or loss per share is based on the amount of net income or loss allocated to the shareholders and the weighted average number of shares outstanding during the period for each class of Common Stock. The numerator and denominator used to compute earnings or loss per share were as follows (in millions, except share and per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Income (numerator):
Basic:
Income attributable to Ranger Energy Services, Inc.	$	9.4	$	13.6	$	21.7	$	7.5
Net income attributable to Class A Common Stock	$	9.4	$	13.6	$	21.7	$	7.5

Diluted:
Income attributable to Ranger Energy Services, Inc.	$	9.4	$	13.6	$	21.7	$	7.5

Net income attributable to Class A Common Stock	$	9.4	$	13.6	$	21.7	$	7.5

Weighted average shares (denominator):
Weighted average number of shares - basic	24,500,607		24,845,517		24,758,890		22,323,308
Effect of share-based awards	386,668		338,550		390,525		314,149

Weighted average number of shares - diluted	24,887,275		25,184,067		25,149,415		22,637,457

Basic income per share	$	0.38	$	0.55	$	0.88	$	0.34
Diluted income per share	$	0.38	$	0.54	$	0.86	$	0.33