Sockets - select / thread / both

Question

Recently I have learnt about network programming. I know that for server to handle multiple clients, there is a need to use select or Thread (at least in python/c/c++, I do not know nothing about something similar to select in java, in java I only know the thread approach).

I have read that using select is better from the performance point of view and threads are better for small servers. However, yesterday I found this page: http://www.assembleforce.com/2012-08/how-to-write-a-multi-threading-server-in-python.h and I do not understand why in the provided code guy uses both select and threads? It's difficult for me to understand how does exactly it works and why it is better than other methods I mentioned? I do not understand the idea behind this code.

Thank you.