EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2012

EARNINGS PER SHARE

The following table is a reconciliation of the numerator and the denominator of our basic and diluted earnings per share for the three-month periods ended March 31, 2012 and 2011:



	Three Months Ended			Three Months Ended
	March 31, 2012			March 31, 2011
	(Unaudited)
Net loss attributable to Platinum—basic and diluted	$	(9,388,953	)	$	(3,876,611	)
Weighted average shares of common stock outstanding—basic and diluted	13,818,440			5,072,950
Net loss per share:
Basic	$	(0.68	)	$	(0.76	)
Diluted	$	(0.68	)	$	(0.76	)

The calculation of weighted average shares of common stock outstanding—diluted for the three months ended March 31, 2012 excludes 4.8 million of outstanding restricted stock and stock option awards because their effect was anti-dilutive. The calculation of weighted average shares of common stock outstanding—diluted for the three months ended March 31, 2011, excludes 1.4 million of outstanding restricted stock awards because their effect was anti-dilutive.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

PLATINUM ENERGY SOLUTIONS, INC. 10-Q/A