ProFrac Holding Corp. Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

Earnings per Share

Earnings per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Earnings per share

10. Earnings per share

The numerators and denominators of the basic and diluted earnings per share (“EPS”) computations for our Class A Common Stock are calculated as follows:


		Three Months Ended June 30,								Six Months Ended June 30,
(In thousands)		2022				2021				2022				2021
Numerator:
Net income (loss)		$	70,093			$	(8,606	)		$	94,219			$	(34,595	)
Less: net (income) loss attributable to ProFrac Predecessor			(56,157	)			8,478				(79,867	)			34,476
Less: net loss attributable to noncontrolling interests			8,704				128				8,288				119
Less: net income attributable to redeemable noncontrolling interests			(16,082	)			—				(16,082	)			—

Net income attributable to ProFrac Holding Corp.		$	6,558			$	—			$	6,558			$	—

Denominator:
Weighted average Class A shares used for basic EPS computation			40,123								40,123
Dilutive potential of employee restricted stock units			22								22

Weighted average Class A shares used for diluted EPS computation			40,145								40,145

Basic and diluted EPS—Class A Common Stock		$	0.16							$	0.16