Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.23.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share  
Schedule of computation of basic and diluted net loss per share

(in thousands, except for share and per share amounts)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

2023

2022

2023

2022

Net Income (Loss) Attributable to Stockholders' Equity

$

12,242

$

1,956

$

30,381

$

(622)

Less: Net Income (Loss) Attributable to Noncontrolling Interest

6,829

1,257

16,892

(493)

Net Income (Loss) Attributable to Aris Water Solutions, Inc.

5,413

699

13,489

(129)

Participating Basic Earnings (1)

(344)

(179)

(835)

(539)

Basic Net Income (Loss) Attributable to Aris Water Solutions, Inc.

$

5,069

$

520

$

12,654

$

(668)

Reallocation of Participating Net Income (Loss)

-

-

-

-

Diluted Net Income (Loss) Attributable to Aris Water Solutions, Inc.

$

5,069

$

520

$

12,654

$

(668)

Basic Weighted Average Shares Outstanding

30,050,560

24,499,953

30,007,433

22,779,077

Dilutive Performance-Based Stock Units

-

46,679

-

-

Dilutive Weighted Average Shares Outstanding

30,050,560

24,546,632

30,007,433

22,779,077

Basic Net Income (Loss) Per Share of Class A Common Stock

$

0.17

$

0.02

$

0.42

$

(0.03)

Diluted Net Income (Loss) Per Share of Class A Common Stock

$

0.17

$

0.02

$

0.42

$

(0.03)

(1) Unvested shares of restricted stock and RSUs represent participating securities because they participate in nonforfeitable dividends or distributions with the common equity holders of the Company. Participating earnings represent the distributed and undistributed earnings of the Company attributable to participating securities. Unvested RSUs do not participate in undistributed net losses as they are not contractually obligated to do so.