Three months ended June 30,

Six months ended June 30,

(in 000's, except for per share amounts)

2020

2019

2020

2019

Numerator:

Net (loss) income

$

(1,960)

$

5,918

$

(4,593)

$

8,244

Less: net (loss) income attributable to non-controlling interests

(69)

2,103

(599)

2,818

Net (loss) income attributable to PetIQ, Inc. — basic and diluted

(1,891)

3,815

(3,994)

5,426

Denominator:

Weighted-average shares of Class A common stock outstanding -- basic

24,425

22,365

24,077

22,087

Dilutive effects of stock options that are convertible into Class A common stock

—

215

—

188

Dilutive effect of RSUs

—

17

—

9

Dilutive effect for conversion of Notes

—

Weighted-average shares of Class A common stock outstanding -- diluted

24,425

22,597

24,077

22,284

(Loss) earnings per share of Class A common stock — basic

$

(0.08)

$

0.17

$

(0.17)

$

0.25

(Loss) earnings per share of Class A common stock — diluted

$

(0.08)

$

0.17

$

(0.17)

$

0.24