Non-Controlling Interests

3 Months Ended

Mar. 31, 2018

Non-Controlling Interests

Non-controlling interest

Note 11 – Non-Controlling Interests

The following table presents the outstanding LLC Interests and changes in LLC Interests for the periods presented.

	LLC Interests held					% of Total
		Continuing LLC				Continuing LLC
	Owners		PetIQ, Inc.		Total	Owners	PetIQ, Inc.
As of December 31, 2017		8,268,188		13,222,583	21,490,771	38.5%	61.5%
Issuance of LLC Interests for acquisition		4,200,000		—	4,200,000
Exchange transactions		(2,909,460)		2,909,460	—
As of March 31, 2018		9,558,728		16,132,043	25,690,771	37.2%	62.8%