Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.24.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net income per share

Three Months Ended

Nine Months Ended

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

September 30, 

September 30, 

2024

2023

2024

2023

Net Income Attributable to Stockholders' Equity

$

16,431

$

12,242

$

46,373

$

30,381

Less: Net Income Attributable to Noncontrolling Interest

8,943

6,829

25,297

16,892

Net Income Attributable to Aris Water Solutions, Inc.

7,488

5,413

21,076

13,489

Participating Basic Earnings (1)

(578)

(344)

(1,567)

(835)

Basic Net Income Attributable to Aris Water Solutions, Inc.

$

6,910

$

5,069

$

19,509

$

12,654

Reallocation of Participating Net Income

3

-

3

-

Diluted Net Income Attributable to Aris Water Solutions, Inc.

$

6,913

$

5,069

$

19,512

$

12,654

Basic Weighted Average Shares Outstanding

30,631,995

30,050,560

30,511,701

30,007,433

Dilutive Performance-Based Stock Units

287,580

-

109,494

-

Dilutive Weighted Average Shares Outstanding

30,919,575

30,050,560

30,621,195

30,007,433

Basic Net Income Per Share of Class A Common Stock

$

0.23

$

0.17

$

0.64

$

0.42

Diluted Net Income Per Share of Class A Common Stock

$

0.22

$

0.17

$

0.64

$

0.42

(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.