Non-Controlling Interests

9 Months Ended

Sep. 30, 2019

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
		LLC				LLC
$'s in 000's	Owners		PetIQ, Inc.		Total	Owners	PetIQ, Inc.
As of December 31, 2018		6,547		21,620	28,167	23.2%	76.8%
Stock based compensation adjustments		—		92	92
Exchange transactions		(1,590)		1,590	—
As of September 30, 2019		4,957		23,302	28,259	17.5%	82.5%

Note that certain figures shown in the table above may not recalculate due to rounding.

For the three and nine months ended September 30, 2019, the Company owned a weighted average of 81.4% and 79.4% of Holdco, respectively.