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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total net sales $ 308,443 $ 290,471
Total cost of sales 233,900 228,210
Gross profit 74,543 62,261
Operating expenses    
Selling, general and administrative expenses 50,209 43,326
Operating income 24,334 18,935
Interest expense, net 9,106 8,732
Other income, net (126) (26)
Total other expense, net 8,980 8,706
Pretax net income 15,354 10,229
Income tax expense (327) (448)
Net income 15,027 9,781
Net income attributable to non-controlling interest 120 82
Net income attributable to PetIQ, Inc. $ 14,907 $ 9,699
Net income per share attributable to PetIQ, Inc. Class A common stock    
Basic (in dollars per share) $ 0.51 $ 0.33
Diluted (in dollars per share) $ 0.48 $ 0.32
Weighted Average shares of Class A common stock outstanding    
Basic (in shares) 29,283,000 29,125,000
Diluted (in shares) 34,781,000 35,230,000
Products    
Total net sales $ 276,891 $ 258,993
Total cost of sales 209,063 200,902
Services    
Total net sales 31,552 31,478
Total cost of sales $ 24,837 $ 27,308