Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings per Share

Reconciliations of the numerators and denominators used to compute basic and diluted earnings (loss) per share of Class A common stock

	Three months ended September 30,				Nine months ended September 30,
(in 000's, except for per share amounts)		2019	2018			2019	2018
Numerator:
Net (loss) income	$	(8,796)	$	3,902	$	(552)	$	5,343
Less: net (loss) income attributable to non-controlling interests		(2,906)		1,681		(88)		2,651
Net (loss) income attributable to PetIQ, Inc. — basic and diluted		(5,890)		2,221		(464)		2,692
Denominator:
Weighted-average shares of Class A common stock outstanding -- basic		22,974		16,944		22,387		15,842
Dilutive effects of stock options that are convertible into Class A common stock		—		291		—		122
Dilutive effect of RSUs		—		4		—		1
Weighted-average shares of Class A common stock outstanding -- diluted		22,974		17,239		22,387		15,966
(Loss) earnings per share of Class A common stock — basic	$	(0.26)	$	0.13	$	(0.02)	$	0.17
(Loss) earnings per share of Class A common stock — diluted	$	(0.26)	$	0.13	$	(0.02)	$	0.17