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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Aug. 11, 2017
Entity Registrant Name	PetIQ, Inc.
Entity Central Index Key	0001668673
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Class A common stock
Entity Common Stock, Shares Outstanding		13,222,583
Class B common stock
Entity Common Stock, Shares Outstanding		8,268,188

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Condensed Consolidated Balance Sheets
Commitments and contingencies

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Condensed Consolidated Balance Sheets
Common stock, par value	$ 0.001	$ 0.001
Common stock authorized	1,000	1,000
Common Stock, Shares, Issued	0	0
Common stock, shares outstanding	0	0

Condensed Consolidated Balance Sheets - PetIQ, LLC and Subsidiaries - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Non-current liabilities
Commitments and contingencies
Pet, LLC and Subsidiaries (the "Company")
Current assets
Cash and cash equivalents	1,048	767
Accounts receivable, net of allowance for doubtful accounts	31,741	17,195
Inventories	42,805	34,232
Supplier prepayments	2,028	2,985
Other current assets	1,927	1,358
Total current assets	79,549	56,537
Property, plant and equipment, net	12,562	13,044
Restricted cash and deposits	250	250
Other non-current assets	3,406	2,826
Intangible assets, net of accumulated amortization	3,699	4,054
Goodwill	4,899	4,619
Total assets	104,365	81,330
Current liabilities
Accounts payable	12,857	9,333
Accrued wages payable	1,497	1,100
Accrued interest payable	156	44
Other accrued expenses	1,680	277
Current portion of long-term debt and capital leases	2,553	2,321
Total current liabilities	18,743	13,075
Non-current liabilities
Long-term debt	33,005	25,158
Obligations under capital leases, less current installments	425	434
Deferred acquisition liability		1,303
Other non-current liabilities	350	378
Total non-current liabilities	33,780	27,273
Commitments and contingencies
Equity
Member's equity	53,289	42,941
Accumulated other comprehensive loss	(1,425)	(1,940)
Total member's equity	51,864	41,001
Non-controlling interest	(22)	(19)
Total equity	51,842	40,982
Total liabilities and equity	$ 104,365	$ 81,330

Condensed Consolidated Statements of Operations - PetIQ, LLC and Subsidiaries - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net sales	$ 87,178	$ 61,280	$ 154,207	$ 113,578
Cost of sales	71,227	52,319	126,056	94,845
Gross profit	15,951	8,961	28,151	18,733
Operating expenses
General and administrative expenses	9,277	8,302	16,682	16,365
Operating income	6,674	659	11,469	2,368
Interest expense	(535)	(751)	(999)	(1,652)
Foreign currency gain/(loss), net	(72)	36	(121)	(85)
Loss on debt extinguishment				(993)
Other income, net	3	654		656
Total other expense, net	(604)	(61)	(1,120)	(2,074)
Net income	6,070	598	10,349	294
Net income/(loss) attributable to noncontrolling interest	(1)	1	(3)	1
Net income/(loss) attributable to member	6,071	597	10,352	293
Comprehensive income/(loss)
Net income	6,070	598	10,349	294
Foreign currency translation adjustment	374	(713)	515	(1,056)
Comprehensive income/(loss)	6,444	(115)	10,864	(762)
Comprehensive income/(loss) attributable to noncontrolling interest	(1)	1	(3)	1
Comprehensive income/(loss) attributable to member	$ 6,445	$ (116)	$ 10,867	$ (763)

Consolidated Statements of Cash Flows - PetIQ, LLC and Subsidiaries - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income	$ 10,349	$ 294
Adjustments to reconcile net income to net cash used for operating activities
Depreciation and amortization of intangible assets and loan fees	1,687	2,141
Loss on disposition of property	14	49
Foreign exchange loss on liabilities	149	84
Warranty settlement gain		(645)
Changes in assets and liabilities
Accounts receivable	(14,175)	(8,318)
Inventories	(8,473)	(8,744)
Prepaid expenses and other assets	(574)	1,261
Accounts payable	3,603	3,052
Accrued wages payable	377	(627)
Other accrued expenses	54	(230)
Net cash used in operating activities	(6,989)	(11,683)
Cash flows from investing activities
Purchase of property, plant, and equipment and intangibles	(681)	(1,130)
Net cash used in investing activities	(681)	(1,130)
Cash flows from financing activities:
Proceeds from issuance of long term debt	150,000	129,602
Principal payments on long term debt	(141,962)	(125,150)
Change in restricted cash		6,894
Principal payments on capital lease obligations	(56)	(41)
Payment of deferred financing fees and debt discount	(25)	(218)
Net cash provided by financing activities	7,957	11,087
Net change in cash and cash equivalents	287	(1,726)
Effect of exchange rate changes on cash and cash equivalents	(6)	(143)
Cash and cash equivalents, beginning of period	767	3,250
Cash and cash equivalents, end of period	1,048	1,381
Supplemental cash flow
Interest paid	799	1,486
Property, plant, and equipment acquired through accounts payable	(121)	90
Capital lease additions	$ 17	$ 27

Organization	6 Months Ended
Organization	Jun. 30, 2017
Organization.
Organization	Note 1: Organization PetIQ, Inc. (the “Corporation”, or “PetIQ”) was formed as a Delaware corporation on February 29, 2016. The Corporation was formed for the purpose of completing a public offering and related transactions in order to carry on the business of PetIQ, LLC, an Idaho limited liability company. The Corporation is the sole managing member of PetIQ Holdings, LLC (“Holdco”), a Delaware limited liability company which is the sole member of PetIQ, LLC (“Opco”) and, through Holdings, will operate and control all of the businesses and affairs of Opco and continue to conduct the business now conducted by Opco and its subsidiaries. The Corporation’s fiscal year end is December 31. As described in more detail in Note 4: Subsequent Events, on July 26, 2017, PetIQ completed the initial public offering of 7,187,500 shares of our Class A common stock (the “Class A common stock”) at an offering price of $16.00 per share (“IPO”).

Principal Business Activity and Significant Accounting Policies - PetIQ, LLC and Subsidiaries

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Principal Business Activity and Significant Accounting Policies

Note 1 - Principal Business Activity and Significant Accounting Policies

Principal Business Activity and Principals of Consolidation

PetIQ, LLC and Subsidiaries (the “Company”) is a manufacturer and wholesale distributor of over-the-counter and prescription pet medications and pet wellness products to various retail customers and distributors throughout the United States and Europe. The Company is headquartered in Eagle, Idaho and manufactures and distributes products from facilities in Florida, Texas, Utah, and Europe. The Company is wholly owned by PetIQ Holdings LLC (“Holdco”).

The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and all majority-owned subsidiaries. The unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial statements and pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, these interim financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. All intercompany transactions and balances have been eliminated in consolidation.

The condensed consolidated financial statements as of June 30, 2017 and December 31, 2016 and for the three months ended June 30, 2017 and 2016 are unaudited. The condensed consolidated balance sheet as of December 31, 2016 has been derived from the audited financial statements at that date but does not include all of the disclosures required by U.S. GAAP. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2016 and related notes thereto included in the final prospectus for PetIQ, Inc. dated July 20, 2017 and filed with the Securities and Exchange Commission (“SEC”) on July 21, 2017. Operating results for the interim periods are not necessarily indicative of the results that may be expected for the full year.

Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of sales and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful lives of property, plant, and equipment; allowance for doubtful accounts; the valuation of property, plant, and equipment, intangible assets and goodwill, inventories, and notes receivable; and reserves for legal contingencies.

Foreign Currencies

The Company operates subsidiaries in foreign countries who use the local currency as the functional currency. The Company translates its foreign subsidiaries’ assets and liabilities denominated in foreign currencies into U.S. dollars at current rates of exchange as of the balance sheet date and income and expense items at the average exchange rate for the reporting period. Translation adjustments resulting from exchange rate fluctuations are recorded in the cumulative translation account, a component of accumulated other comprehensive income. The Company records gains and losses from changes in exchange rates on transactions denominated in currencies other than each reporting location's functional currency in net income for each period.

Cash and Cash Equivalents

Cash equivalents consist of highly liquid investments with an original maturity of three months or less, excluding amounts restricted for various state licensing regulations. Restricted deposits are not considered cash and cash equivalents. The Company maintains its cash accounts in various deposit accounts, the balances of which at times exceeded federal deposit insurance limits during the periods presented.

Receivables and Credit Policy

Trade receivables due from customers are uncollateralized customer obligations due under normal trade terms generally requiring payment within 30 days from the invoice date. Accounts receivable are stated at the amount billed to the customer, net of discounts and estimated deductions. The Company does not have a policy for charging interest on overdue customer account balances. The Company provides an allowance for doubtful accounts equal to estimated uncollectible amounts. The Company’s estimate is based on historical collection experience and a review of the current status of trade accounts receivable. Payments of trade receivables are allocated to the specific invoices identified on the customer's remittance advice.

The Company also has notes receivable due from various suppliers included in accounts receivable. The notes bear interest at 0% to 9% and are repaid based on either amortization schedules or from certain sales to third parties. Non-current portions of these notes receivable are included in other non-current assets on the consolidated balance sheets.

Accounts receivable consists of the following as of:


	June 30, 2017		December 31, 2016

Trade receivables	$	32,948	$	18,086
Notes receivable		350		440
		33,298		18,526
Less: Allowance for doubtful accounts		(965)		(498)
Non-current portion of receivables		(592)		(833)
Total accounts receivable, net	$	31,741	$	17,195

Inventories

Inventories are stated at the lower of cost or net realizable value. Cost is typically determined using the first-in first-out (“FIFO”) method, however at times the Company utilizes specific identification for certain pharmaceutical products. The Company maintains reserves for estimated obsolete or unmarketable inventory based on the difference between the cost of inventory and its estimated net realizable value. In estimating the reserves, management considers factors such as excess or slow-moving inventories, product expiration dating, and market conditions. Changes in these conditions may result in additional reserves. Major components of inventories consist of the following as of:


	June 30, 2017		December 31, 2016
Raw materials and work in progress	$	5,100	$	5,924
Finished goods		37,705		28,308
Total inventories	$	42,805	$	34,232

Property, Plant, and Equipment

Property, plant, and equipment are recorded at cost. Expenditures for improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred.

Depreciation and amortization is provided using the straight-line method, based on useful lives of the assets, except for leasehold improvements and capital leased assets which are depreciated over the shorter of the expected useful life or the lease term. Depreciation and amortization expense is recorded in cost of sales and general and administrative expenses in the consolidated statements of operations, depending on the use of the asset. The estimated useful lives of property, plant, and equipment are as follows:


Computer equipment and software		3 years
Buildings		33 years
Equipment		3-15 years
Leasehold improvements		3-9 years
Furniture and fixtures		8-10 years

Depreciation expense was $575 and $499 for the three months ended June 30, 2017, and 2016, respectively, and $1,111 and $975 for the six months ended June 30, 2017 and 2016, respectively.

Restricted Cash and Deposits

Restricted cash consists of amounts of cash required to be held by the Company’s lender in the event that normal collateral is not sufficient to allow for full borrowings on the Company’s term loan. Refer to Note 4, Debt, for more information.

Restricted deposits are amounts required to be held by the Company in segregated accounts for various state licensing regulations in relation to the sale of regulated prescription pet medications. Restricted deposits as of June 30, 2017, and December 31, 2016 were $250 and $250, respectively. Interest earned on restricted deposits is included in other income when earned.

Deferred Acquisition Liability

The Company has a deferred acquisition liability related to an acquisition that occurred in 2013. The liability is denominated in Euros and requires annual payments based on a percentage of gross profit from the sales of certain products, and any amounts not repaid by the annual payments will be due in June 2018. The current balance recorded as of June 30, 2017, and December 31, 2016 was $1,693 and $250, respectively, and is included in other accrued expenses. The non-current portion recorded as of December 31, 2016 was $1,303, and is included in deferred acquisition liability.

Revenue Recognition

The Company recognizes revenue when persuasive evidence of an arrangement exists, product has been delivered, the price is fixed or determinable and collectability is reasonably assured. The Company generally records revenues from product sales when the goods are shipped to the customer. For customers with Free on Board ("FOB") destination terms, a provision is recorded to exclude shipments estimated to be in-transit to these customers at the end of the reporting period. A sales return allowance is recorded and accounts receivable are reduced as revenues are recognized for estimated losses on credit sales due to customer claims for discounts, returned goods and other items.

The Company offers a variety of trade promotions and incentives to our customers, such as cooperative advertising programs and in-store displays. Sales are recorded net of trade promotion spending, which is recognized at the later of the date on which the Company recognizes the related revenue or the date on which the Company offers the incentive. The Company’s net sales are periodically influenced by the timing, extent and amount of such trade promotions and incentives. Accruals for expected payouts under these programs are included in other accrued expenses.

Shipping and Handling Costs

Shipping and handling costs are recorded as cost of sales, and are not billed to customers.

Research and Development and Advertising Costs

Research and development and advertising costs are expensed as incurred and are included in general and administrative expenses. Research and development costs amounted to $118 and $85 for the three months ended June 30, 2017 and 2016, respectively and $313 and $166 for the six months ended June 30, 2017 and 2016, respectively. Advertising costs were $1,134 and $245 for the three months ended June 30, 2017 and 2016, respectively and $1,592 and $610 for the six months ended June 30, 2017 and 2016, respectively.

Litigation

The Company is subject to various legal proceedings, claims, litigation, investigations and contingencies arising out of the ordinary course of business. If the likelihood of an adverse legal outcome is determined to be probable and the amount of loss is estimable, then a liability is accrued in accordance with accounting guidance for contingencies. The company consults with both internal and external legal counsel related to litigation.

Recently Issued Accounting Pronouncements

In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases. This ASU is a comprehensive new leases standard that was issued to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. This standard requires adoption based upon a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with optional practical expedients. Based on a preliminary assessment, the Company expects that most of its operating lease commitments will be subject to the new guidance and recognized as operating lease liabilities and right-of-use assets upon adoption, resulting in an increase in the assets and liabilities on our consolidated balance sheet. The Company is continuing its assessment, which may identify additional impacts this standard will have on its consolidated financial statements and related disclosures.

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers, and subsequently issued several related Accounting Standards Updates (“ASUs”) (“Topic 606”), which provide guidance for recognizing revenue from contracts with customers. The core principle of Topic 606 is that revenue will be recognized when promised goods or services are transferred to customers in an amount that reflects consideration for which entitlement is expected in exchange for those goods or services. Topic 606 will be effective commencing with our quarter ending March 31, 2018. We currently anticipate adopting Topic 606 using the modified retrospective transition approach that may result in a cumulative adjustment to beginning retained earnings as of January 1, 2018. Based on the analysis to date, the Company expects the new standard will require accelerated recognition of trade promotions and customer incentives. These transactions are currently recognized at the later of the sale of goods or agreement, however under the new standard the Company will estimate incentives to be offered to customers as part of the sales price. The Company does not expect the change to be material. The Company is continuing its assessment, which may identify additional impacts this standard will have on its consolidated financial statements and related disclosures.

In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The amendments in this ASU clarify and provide specific guidance on eight cash flow classification issues that are not currently addressed by current U.S. GAAP. This ASU will be effective commencing with our quarter ending March 31, 2018. The Company does not expect the adoption of this ASU to have a material impact on our consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. This ASU requires entities to measure most inventory "at the lower of cost or net realizable value," thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market. The new standard is effective for annual and interim reporting periods beginning after December 15, 2016. The adoption of this standard in first quarter of 2017 did not have a material effect on our financial statements.

In March 2016, the FASB issued ASU” No. 2016-09, “Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting (Topic 718).” ASU No. 2016-09 simplifies the accounting for share-based payment transactions, including accounting for income taxes, forfeitures, statutory tax withholding requirements, and classification in the statement of cash flows. The amendments in this update are effective for fiscal years beginning after December 31, 2016, and interim periods beginning in the first interim period within the year of adoption. Any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The Company adopted the provisions of this standard effective January 1, 2017. The Company elected to continue to recognize estimated forfeitures over the term of the awards. The adoption of the standard did not have a material impact on the Company’s financial condition, results of operations, cash flows and disclosures.

Debt - PetIQ, LLC and Subsidiaries

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Debt

Note 2 - Debt

The Company entered into a new credit agreement (“New Credit Agreement”) on December 21, 2016. This agreement fully repaid and terminated the A&R Credit Agreement described below. The New Credit Agreement provides for secured financing of $50,000 in aggregate at either LIBOR or Base (prime) interest rates plus an applicable margin, consisting of:

(i) $45,000 revolving credit facility (“Revolver”) maturing on December 16, 2019; and

(ii) $5,000 term loan (“Term Loans”), requiring equal amortizing payments for 24 months.

As of December 31, 2016, the Company had $5,000 outstanding as Term Loans and $22,473 outstanding under the Revolver. The interest rate on the Term Loans was 4.25% and the interest rate on the Revolver was also 4.25%, both were Base Rate loans.

As of June 30, 2017, the Company had $3,958 outstanding as Term Loans and $31,554 outstanding under the Revolver. The interest rate on the Term Loans was 4.75% and the interest rate on the Revolver was also 4.75%, both were Base Rate loans. The Revolver contains a lockbox mechanism.

The New Credit Agreement contains certain covenants and restrictions including a fixed charge coverage ratio and a minimum EBITDA target and is secured by collateral consisting of a percentage of eligible accounts receivable, inventories, and machinery and equipment. As of June 30, 2017, the Company was in compliance with these covenants.

On March 16, 2015, the Company entered into a $40,000 credit facility (“Credit Agreement”), comprised of a $33,000 in aggregate principal amount of term loans and $7,000 revolving credit facility. Borrowings under the agreement were subject to certain covenants and restrictions including a fixed charge coverage ratio and a minimum EBITDA target, both measured on a quarterly basis beginning in the first quarter of 2016. The Company remained in compliance with these covenants for the duration of the agreement.

The Company refinanced its credit facility in March 2016 with an amended and restated credit agreement (“A&R Credit Agreement”). The A&R Credit Agreement provided for secured financing of $48,000 in the aggregate, consisting of:

(i) $3,000 in aggregate principal amount of term loans maturing on December 31, 2016;

(ii) $20,000 in aggregate principal amount of term loans maturing on March 16, 2018; and

(iii) a $25,000 revolving credit facility maturing on March 16, 2018.

The following represents the Company’s long term debt as of:


	June 30, 2017		December 31, 2016
Term Loans	$	3,958	$	5,000
Revolving credit facility		31,554		22,473
Net discount on debt and deferred financing fees		(53)		(92)
	$	35,459	$	27,381
Less current maturities of long-term debt		(2,454)		(2,223)
Total long-term debt	$	33,005	$	25,158

Future maturities of long term debt, excluding the net discount on debt and deferred financing fees, as of June 30, 2017, are as follows:


2017	$	1,250
2018		2,708
2019		31,554

The Company incurred debt issuance costs of $218 related to the A&R Credit Agreement during the first six months of 2016. The debt transaction resulted in a loss on debt extinguishment of $993, which included the write off of unamortized debt issuance costs and debt discount, early termination fees, and legal costs.

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2017
Principal Business Activity and Significant Accounting Policies
Summary of Significant Accounting Policies	Note 2: Summary of Significant Accounting Policies Basis of Accounting — The balance sheets are presented in accordance with accounting principles generally accepted in the United States of America. Separate statements of operations, comprehensive income, changes in stockholder’s equity, and cash flows have not been presented in the financial statements because there have been no activities in this entity.

Leases - PetIQ, LLC and Subsidiaries

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Leases

Note 3 - Leases

The Company leases certain real estate, both office and production facilities, as well as equipment from third parties. Lease expiration dates are between 2019 and 2025. A portion of capital leases are denominated in foreign currencies. Many of these leases include renewal options and in some cases options to purchase.

Approximate annual future commitments under non-cancelable leases as of June 30, 2017, consist of the following:


	Lease Obligation
	Operating Leases		Capital Leases
Reminder of 2017	$	858	$	53
2018		1,703		106
2019		596		103
2020		45		88
2021		28		87
Thereafter		81		105
Total minimum future obligations	$	3,311	$	542
Less current capital lease obligations				(99)
Long-term capital lease obligations			$	443

The net book value of assets under capital lease was $878 and $775 as of June 30, 2017 and December 31, 2016, respectively. Total operating lease expense for the three and six months ended June 30, 2017 and 2016 totaled $449, and $378, and $909 and $778, respectively.

Stockholder's Equity	6 Months Ended
Stockholder's Equity	Jun. 30, 2017
Stockholder's Equity
Stockholder's Equity	Note 3: Stockholder’s Equity As of June 30, 2017, the Corporation was authorized to issue 1,000 shares of Common Stock, par value $0.001 per share, none of which were issued or outstanding as of June 30, 2017. In connection with the IPO, our board of directors approved an amended and restated certificate of incorporation (the “Amended and Restated Certificate of Incorporation”), which became effective on July 20, 2017. The Amended and Restated Certificate of Incorporation authorizes the issuance of 125,000,000 shares of Class A common stock, par value $0.001, up to 8,401,521 shares of Class B common stock, par value $0.001, and 12,500,000 shares of blank check preferred stock. Shares of our Class A common stock have both economic and voting rights. Shares of our Class B common stock have no economic rights, but do have voting rights.

Income Taxes - PetIQ, LLC and Subsidiaries	6 Months Ended
Income Taxes - PetIQ, LLC and Subsidiaries	Jun. 30, 2017
Pet, LLC and Subsidiaries (the "Company")
Income Taxes	Note 4 - Income Taxes The Company is a limited liability company, and the majority of our businesses and assets are held and operated by limited liability companies, which are not subject to entity-level federal or state income taxation. The income taxes with respect to these operations are payable by our member. The Company makes cash distributions to permit the member to pay these taxes as needed by the member’s tax situation. In the three and six months ended June 30, 2017 and 2016, the Company did not make any cash distributions. The Company’s income tax provision generally consists of income taxes payable by our separate subsidiaries that are taxed as corporations. As of June 30, 2017, and December 31, 2016, the taxable foreign subsidiaries had $452 and $482, respectively of deferred tax assets. The deferred tax assets resulted primarily from net operating losses and were fully offset by a valuation allowance.

Customer Concentration - PetIQ, LLC and Subsidiaries	6 Months Ended
Customer Concentration - PetIQ, LLC and Subsidiaries	Jun. 30, 2017
Pet, LLC and Subsidiaries (the "Company")
Customer Concentration	Note 5 - Customer Concentration The Company has significant exposure to customer concentration. During the three and six months ended June 30, 2017 and 2016, three customers accounted for more than 10% of sales individually. In total for the three months ended June 30, 2017 and 2016, the three customers accounted for 62% and 75% of net sales, respectively. In total for the six months ended June 30, 2017 and 2016, the three customers accounted for 60% and 72% of net sales, respectively. At June 30, 2017 and December 31, 2016 three and four customers, respectively, individually accounted for more than 10% of outstanding trade receivables, and in aggregate accounted for 52% and 60%, respectively, of outstanding trade receivables, net. The customers are customers of the domestic segment.

Commitments and Contingencies - PetIQ, LLC and Subsidiaries	6 Months Ended
	Jun. 30, 2017
Pet, LLC and Subsidiaries (the "Company")
Commitments and Contingencies Disclosure [Text Block]	Note 6 - Commitments and Contingencies Litigation Contingencies In May 2017, Bayer Healthcare LLC and its affiliates (collectively “Bayer”) filed suit in the United States District Court for the District of Delaware, against CAP IM Supply, Inc. (“CAP IM”), our supplier of Advecta 3 and PetLock MAX, which we began to sell in 2017 as our value-branded alternatives to Bayer’s K9 Advantix II. Bayer alleges that Advecta 3 and PetLock MAX infringe a patent relating to K9 Advantix II. Bayer seeks unspecified monetary damages and an injunction against future sales by CAP IM of Advecta 3 and PetLock MAX to the Company. Bayer has filed a motion for preliminary injunction, though no hearing has been set on that motion. Although we have not been named in the suit, our license and supply agreement with CAP IM requires us to share with CAP IM the payment of defense and settlement costs of such litigation and allows us to control the defense of the proceeding. CAP IM intends to vigorously defend this case and we believe that CAP IM has meritorious defenses. However, because of the inherent uncertainties of litigation, we can provide no assurance of an outcome favorable to CAP IM and to us. The case is presently scheduled for trial in February 2019. The Company records a liability when a particular contingency is probable and estimable. However, the Company has not accrued for any contingency at June 30, 2017 and December 31, 2016, as the Company does not consider any contingency to be probable or estimable. The Company expenses legal costs as incurred within general and administrative expenses on the consolidated condensed statements of operations.

Segments - PetIQ, LLC and Subsidiaries

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Segments

Note 7 - Segments

The Company has two operating segments, and thus two reportable segments, which are the procurement, packaging, and distribution of pet health and wellness products in the Domestic markets (U.S. and Canada) and in the International markets (primarily Europe). The determination of the operating segments is based on the level at which the chief operating decision maker reviews discrete financial information to assess performance and make resource allocation decisions, which is done based on these two geographic areas.

Financial information relating to the Company’s operating segments for the three and six months ended:


	Three months ended				Six months ended
	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Net Sales
Domestic	$	85,857	$	60,095	$	151,767	$	111,279
International		1,321		1,185		2,440		2,299
Net Sales		87,178		61,280		154,207		113,578
Gross Profit
Domestic	$	15,375	$	8,493	$	27,100	$	17,759
International		576		468		1,051		974
Gross Profit		15,951		8,961		28,151		18,733
General and administrative expenses
Domestic	$	8,819	$	7,840	$	15,768	$	15,469
International		458		462		914		896
General and administrative expenses		9,277		8,302		16,682		16,365
Operating income
Domestic	$	6,556	$	653	$	11,332	$	2,290
International		118		6		137		78
Operating income		6,674		659		11,469		2,368

Subsequent Events - PetIQ, LLC and Subsidiaries

6 Months Ended

Jun. 30, 2017

Subsequent Events

Note 4: Subsequent events

Reclassification and Contribution Transactions

In connection with the IPO, Holdco amended and restated its limited liability company agreement (the “Holdco LLC Agreement”) to, among other things, modify the capital structure of Holdco to create a single new class of units, the limited liability company interests (“LLC Interests”), which were allocated to its members, and appoint the Corporation as the sole managing member of Holdco.

Pursuant to a contribution agreement, the Sponsor Corps (ECP IV TS Investor Co., Eos TS Investor Co., and HCP-TS Blocker Corp) were contributed by their owners to the Corporation in exchange for 5,615,981 shares of Class A common stock and $30,526 aggregate principal amount of preference notes payable by PetIQ. The contribution resulted in PetIQ acquiring 1,907,858 LLC Interests for the preference notes and 5,615,981 LLC Interests for the shares of Class A common stock. The Corporation also acquired the tax attributes of the Sponsor Corps, which were recorded generally as deferred tax assets at the time of the IPO. Following the contribution, each Sponsor Corps became a wholly owned subsidiary of PetIQ.

In addition, certain employee owners exchanged their 419,102 LLC Interests in Holdco for 419,102 shares of Class A common stock and the Continuing LLC Owners (all the remaining owners of Holdco LLC Interests) sold to PetIQ 1,589,643 LLC Interests for $25,434 aggregate principal amount of preference notes payable by PetIQ. The Continuing LLC Owners received one share of Class B common stock for each LLC Interest they will continue to hold. As a result, the Continuing LLC Owners retain 8,268,188 LLC Interests and received the same number of shares of Class B common stock of the Corporation (the “Class B common stock”). The Continuing LLC owners will have the right, subject to the terms of the Holdco LLC Agreement, to exchange all or a portion of their LLC interests, along with a corresponding number of shares of our Class B common stock, for newly issued shares of Class A common stock on a one-for-one basis.

Intial Public Offering:

On July 26, 2017, PetIQ completed its IPO by issuing 7,187,500 Class A common shares at a price of $16.00 per share. Gross proceeds of $115,000, prior to underwriting discount and other offering expenses, were utilized to immediately repay $56,000 aggregate principal amount of preference notes, purchase 133,334 shares of Class B common stock from certain executives and purchase 3,556,666 newly issued LLC Interests from Holdco. Holdco utilized the proceeds from the sale of the LLC Interest to pay offering costs and expenses and for general corporate purposes.

Following the completion of the IPO:

the investors in the IPO collectively own 7,187,500 shares of our Class A common stock representing 33.4% of the voting power in the Corporation;

Certain Sponsors collectively own 5,615,981 shares of our Class A common stock, representing 26.1% of the voting power in the Corporation;

the Continuing LLC Owners collectively own 8,268,188 shares of our Class B common stock, representing 38.5% of the voting power in the Company; and

certain employee owners collectively own 419,102 shares of our Class A common stock, representing 1.9% of the voting power of the Company.

a total of 13,222,583 shares of our Class A Common Stock and 8,268,188 shares of our Class B common stock issued and outstanding, representing all voting shares of PetIQ.

As the sole managing member of HoldCo, we will operate and control all of the business and affairs of HoldCo and, through HoldCo and its subsidiaries, conduct our business. In addition, we will control the management of, and have a controlling interest in, HoldCo and, therefore, we will be the primary beneficiary of HoldCo. As a result, we will consolidate the financial results of Holdco pursuant to the variable-interest entity (“VIE”) accounting model, and a portion of our net income (loss) will be allocated to the non-controlling interest to reflect the entitlement of Continuing LLC Owners to a portion of Holdco’s net income (loss).

Equity-Based Compensation:

In connection with the IPO, the Corporation adopted the PetIQ, Inc 2017 Omnibus Incentive Plan (the “Omnibus Plan”) pursuant to which cash and equity-based incentives (including through an annual incentive program) may be granted to participating employees, directors, and consultants. The Corporation reserved a total of 1,914,047 shares of Class A common stock for future issuance under the Omnibus Plan.

On July 20, 2017, the Corporation granted stock options for 804,049 shares of Class A common stock in the aggregate under the Omnibus Plan at an exercise price of $16.00 per share (the IPO price). The options generally vest in ratable annual installments on each of the first four anniversaries of the grant date.

Pet, LLC and Subsidiaries (the "Company")

Subsequent Events

Note 8 - Subsequent Events

Subsequent to June 30, 2017, the Company’s successor for financial reporting purposes (PetIQ Inc., “PetIQ”) completed an Initial Public Offering of its Class A common stock (“IPO”). In connection with the IPO, the Company amended and restated its limited liability company agreement (the “LLC Agreement”) to, among other things, modify the capital structure of the Company to create a single new class of units, the limited liability company interests (“LLC Interests”), which were allocated to its members, and appoint PetIQ as the sole managing member of the Company.

Pursuant to a contribution agreement, the Sponsor Corps (ECP IV TS Investor Co., Eos TS Investor Co., and HCP-TS Blocker Corp) were contributed by their owners to PetIQ in exchange for 5,615,981 shares of Class A common stock and $30,526 aggregate principal amount of preference notes payable by PetIQ. The contribution resulted in PetIQ acquiring 1,907,858 LLC Interests for the preference notes and 5,615,981 LLC Interests for the shares of Class A common stock. PetIQ also acquired the tax attributes of the Sponsor Corps, which were recorded generally as deferred tax assets at the time of the IPO. Following the contribution, each Sponsor Corps became a wholly owned subsidiary of PetIQ.

In addition, certain employee owners exchanged their 419,102 LLC Interests for 419,102 shares of Class A common stock and the Continuing LLC Owners (all the remaining owners of Holdco LLC Interests) sold to PetIQ 1,589,643 LLC Interests for $25,434 aggregate principal amount of preference notes payable by PetIQ. The Continuing LLC Owners received one share of Class B common stock for each LLC Interest they will continue to hold. As a result, the Continuing LLC Owners retain 8,268,188 LLC Interests and received the same number of shares of Class B common stock of PetIQ (the “Class B common stock”). The Continuing LLC owners will have the right, subject to the terms of the LLC Agreement, to exchange all or a portion of their LLC interests, along with a corresponding number of shares of Class B common stock, for newly issued shares of Class A common stock on a one-for-one basis.

Gross proceeds of $115,000, prior to underwriting discount and other offering expenses were utilized to immediately repay $56,000 aggregate principal amount of preference notes, purchase 133,334 shares of Class B common stock from certain executives and purchase 3,556,666 newly issued LLC Interests from the Company. The Company utilized the proceeds from the sale of the LLC Interest to pay offering costs and expenses and for general corporate purposes.

As the sole managing member of the Company, PetIQ will operate and control all of the business and affairs of the Company and, through the Company and its subsidiaries, conduct its business. In addition, PetIQ will control the management of, and have a controlling interest in, the Company and, therefore, will be the primary beneficiary of the Company. As a result, PetIQ will consolidate the financial results of the Company pursuant to the variable-interest entity (“VIE”) accounting model, and a portion of PetIQ’s net income (loss) will be allocated to the non-controlling interest to reflect the entitlement of Continuing LLC Owners to a portion of the Company’s net income (loss).

Additionally, subsequent to June 30, 2017, the Company purchased a commercial office building in Eagle, Idaho for use as a corporate headquarters. The purchase price was $2,400, and the Company financed the purchase with a mortgage of $2,000 at a 4.5% interest rate. The Company intends to improve the building during the third quarter, and relocate its corporate headquarters to the building once those improvements are completed.

Subsequent Events

6 Months Ended

Jun. 30, 2017

Subsequent Events

Subsequent Events

Note 4: Subsequent events

Reclassification and Contribution Transactions

Intial Public Offering:

Following the completion of the IPO:

the investors in the IPO collectively own 7,187,500 shares of our Class A common stock representing 33.4% of the voting power in the Corporation;

Certain Sponsors collectively own 5,615,981 shares of our Class A common stock, representing 26.1% of the voting power in the Corporation;

the Continuing LLC Owners collectively own 8,268,188 shares of our Class B common stock, representing 38.5% of the voting power in the Company; and

certain employee owners collectively own 419,102 shares of our Class A common stock, representing 1.9% of the voting power of the Company.

a total of 13,222,583 shares of our Class A Common Stock and 8,268,188 shares of our Class B common stock issued and outstanding, representing all voting shares of PetIQ.

Equity-Based Compensation:

Principal Business Activity and Significant Accounting Policies - PetIQ, LLC and Subsidiaries (Policies) - Pet, LLC and Subsidiaries (the "Company")

6 Months Ended

Jun. 30, 2017

Use of Estimates

Foreign Currencies

Cash and Cash Equivalents

Receivables and Credit Policy

Accounts receivable consists of the following as of:


	June 30, 2017		December 31, 2016

Trade receivables	$	32,948	$	18,086
Notes receivable		350		440
		33,298		18,526
Less: Allowance for doubtful accounts		(965)		(498)
Non-current portion of receivables		(592)		(833)
Total accounts receivable, net	$	31,741	$	17,195

Inventories


	June 30, 2017		December 31, 2016
Raw materials and work in progress	$	5,100	$	5,924
Finished goods		37,705		28,308
Total inventories	$	42,805	$	34,232

Property, Plant, and Equipment


Computer equipment and software		3 years
Buildings		33 years
Equipment		3-15 years
Leasehold improvements		3-9 years
Furniture and fixtures		8-10 years

Depreciation expense was $575 and $499 for the three months ended June 30, 2017, and 2016, respectively, and $1,111 and $975 for the six months ended June 30, 2017 and 2016, respectively.

Restricted Cash and Deposits

Deferred Acquisition Liability

Revenue Recognition

Shipping and Handling Costs

Shipping and handling costs are recorded as cost of sales, and are not billed to customers.

Research and Development and Advertising Costs

Litigation

Recently Issued Accounting Pronouncements

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2017
Principal Business Activity and Significant Accounting Policies
Basis of accounting	Basis of Accounting — The balance sheets are presented in accordance with accounting principles generally accepted in the United States of America. Separate statements of operations, comprehensive income, changes in stockholder’s equity, and cash flows have not been presented in the financial statements because there have been no activities in this entity.

Principal Business Activity and Significant Accounting Policies - PetIQ, LLC and Subsidiaries (Tables) - Pet, LLC and Subsidiaries (the "Company")

6 Months Ended

Jun. 30, 2017

Schedule of accounts receivable


	June 30, 2017		December 31, 2016

Trade receivables	$	32,948	$	18,086
Notes receivable		350		440
		33,298		18,526
Less: Allowance for doubtful accounts		(965)		(498)
Non-current portion of receivables		(592)		(833)
Total accounts receivable, net	$	31,741	$	17,195

Schedule of components of inventories


	June 30, 2017		December 31, 2016
Raw materials and work in progress	$	5,100	$	5,924
Finished goods		37,705		28,308
Total inventories	$	42,805	$	34,232

Schedule of estimated useful lives of property, plant, and equipment


Computer equipment and software		3 years
Buildings		33 years
Equipment		3-15 years
Leasehold improvements		3-9 years
Furniture and fixtures		8-10 years

Debt - PetIQ, LLC and Subsidiaries (Tables) - Pet, LLC and Subsidiaries (the "Company")

6 Months Ended

Jun. 30, 2017

Schedule of components of long term debt


	June 30, 2017		December 31, 2016
Term Loans	$	3,958	$	5,000
Revolving credit facility		31,554		22,473
Net discount on debt and deferred financing fees		(53)		(92)
	$	35,459	$	27,381
Less current maturities of long-term debt		(2,454)		(2,223)
Total long-term debt	$	33,005	$	25,158

Future maturities of long term debt, excluding the net discount on debt and deferred financing fees


2017	$	1,250
2018		2,708
2019		31,554

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Leases - PetIQ, LLC and Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Summary of annual future commitments under non-cancelable leases


	Lease Obligation
	Operating Leases		Capital Leases
Reminder of 2017	$	858	$	53
2018		1,703		106
2019		596		103
2020		45		88
2021		28		87
Thereafter		81		105
Total minimum future obligations	$	3,311	$	542
Less current capital lease obligations				(99)
Long-term capital lease obligations			$	443

Segments - PetIQ, LLC and Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2017

Pet, LLC and Subsidiaries (the "Company")

Summary of financial information relating to the Company’s operating segments


	Three months ended				Six months ended
	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Net Sales
Domestic	$	85,857	$	60,095	$	151,767	$	111,279
International		1,321		1,185		2,440		2,299
Net Sales		87,178		61,280		154,207		113,578
Gross Profit
Domestic	$	15,375	$	8,493	$	27,100	$	17,759
International		576		468		1,051		974
Gross Profit		15,951		8,961		28,151		18,733
General and administrative expenses
Domestic	$	8,819	$	7,840	$	15,768	$	15,469
International		458		462		914		896
General and administrative expenses		9,277		8,302		16,682		16,365
Operating income
Domestic	$	6,556	$	653	$	11,332	$	2,290
International		118		6		137		78
Operating income		6,674		659		11,469		2,368

Principal Business Activity and Significant Accounting Policies - Receivables - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Receivables and Credit Policy
Accounts receivable, gross	$ 33,298	$ 18,526
Less: Allowance for doubtful accounts	(965)	(498)
Non-current portion of receivables	(592)	(833)
Total accounts receivable, net	$ 31,741	17,195
Maximum
Receivables and Credit Policy
Interest on notes receivables	9.00%
Minimum
Receivables and Credit Policy
Interest on notes receivables	0.00%
Trade receivables
Receivables and Credit Policy
Accounts receivable, gross	$ 32,948	18,086
Notes receivable
Receivables and Credit Policy
Accounts receivable, gross	$ 350	$ 440

Principal Business Activity and Significant Accounting Policies - Inventories - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Inventories
Raw materials and work in progress	$ 5,100	$ 5,924
Finished goods	37,705	28,308
Total inventories	$ 42,805	$ 34,232

Principal Business Activity and Significant Accounting Policies - PPNE - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Property, Plant, and Equipment
Depreciation expense	$ 575	$ 499	$ 1,111	$ 975
Computer equipment and software
Property, Plant, and Equipment
Estimated useful life			3 years
Buildings
Property, Plant, and Equipment
Estimated useful life			33 years
Equipment \| Minimum
Property, Plant, and Equipment
Estimated useful life			3 years
Equipment \| Maximum
Property, Plant, and Equipment
Estimated useful life			15 years
Leasehold improvements \| Minimum
Property, Plant, and Equipment
Estimated useful life			3 years
Leasehold improvements \| Maximum
Property, Plant, and Equipment
Estimated useful life			9 years
Furniture and fixtures \| Minimum
Property, Plant, and Equipment
Estimated useful life			8 years
Furniture and fixtures \| Maximum
Property, Plant, and Equipment
Estimated useful life			10 years

Principal Business Activity and Significant Accounting Policies - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Restricted Cash and Deposits
Restricted deposits	$ 250		$ 250		$ 250
Deferred Acquisition Liability
Non current portion of deferred acquisition liability					1,303
Research and Development and Advertising Costs
Research and development costs	118	$ 85	313	$ 166
Advertising costs	1,134	$ 245	1,592	$ 610
Other accrued expenses
Deferred Acquisition Liability
Current portion of deferred acquisition liability	$ 1,693		$ 1,693		250
Deferred acquisition liability
Deferred Acquisition Liability
Non current portion of deferred acquisition liability					$ 1,303

Organization (Details) - Subsequent event - IPO - Class A common stock	Jul. 26, 2017 $ / shares shares
Organization
Stock issued \| shares	7,187,500
Offering price \| $ / shares	$ 16.00

Debt - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 21, 2016	Mar. 31, 2016	Mar. 16, 2015
Debt
Maximum borrowing capacity				$ 50,000		$ 40,000
Net discount on debt and deferred financing fees	$ (53)		$ (92)
Long-term Debt, Total	35,459		27,381
Less current maturities of long-term debt	(2,454)		(2,223)
Total long-term debt	33,005		25,158
Long-term Debt, Fiscal Year Maturity [Abstract]
2017	1,250
2018	2,708
2019	31,554
Debt issuance costs		$ 218
Loss on debt extinguishment		$ (993)
Revolving credit facility
Debt
Maximum borrowing capacity				45,000
Aggregate principal amount	25,000					7,000
Outstanding balance	$ 31,554		$ 22,473
Variable interest rate, basis points spread over variable reference rate (as a percent)	4.75%		4.25%
Term loans
Debt
Maximum borrowing capacity				$ 5,000
Aggregate principal amount					$ 48,000	$ 33,000
Outstanding balance	$ 3,958		$ 5,000
Variable interest rate, basis points spread over variable reference rate (as a percent)	4.75%		4.25%
Term B Loans
Debt
Aggregate principal amount			$ 3,000
Term A Loans
Debt
Aggregate principal amount	$ 20,000

Leases - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") $ in Thousands	Jun. 30, 2017 USD ($)
Operating Leases
Reminder of 2017	$ 858
2018	1,703
2019	596
2020	45
2021	28
Thereafter	81
Operating Leases, Total minimum future obligations	3,311
Capital Leases
Reminder of 2017	53
2018	106
2019	103
2020	88
2021	87
Thereafter	105
Capital Leases, Total minimum future obligations	542
Less current capital lease obligations	99
Long-term capital lease obligations	$ 443

Leases - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Capital Leased Assets [Line Items]
Net book value of equipment under capital lease	$ 878		$ 878		$ 775
Total operating lease expense	$ 449	$ 909	$ 378	$ 778

Stockholder's Equity (Details) - $ / shares	Jul. 20, 2017	Jun. 30, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Common stock authorized		1,000	1,000
Common stock, par value		$ 0.001	$ 0.001
Common Stock, Shares, Issued		0	0
Common stock, shares outstanding		0	0
Class A common stock
Class of Stock [Line Items]
Common stock, par value	$ 0.001
Common Stock, Shares, Issued	125,000,000
Blank check preferred stock, authorized	12,500,000
Class B common stock
Class of Stock [Line Items]
Common stock, par value	$ 0.001
Common Stock, Shares, Issued	8,401,521

Income Taxes - PetIQ, LLC and Subsidiaries (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Pet, LLC and Subsidiaries (the "Company")
Deferred tax assets	$ 452	$ 482

Customer Concentration - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") - customer	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Customer concentrations \| Sales
Concentration Risk [Line Items]
Concentration risk	62.00%	75.00%	60.00%	72.00%
Credit concentrations \| Accounts receivable
Concentration Risk [Line Items]
Concentration risk			52.00%		60.00%
Domestic
Concentration Risk [Line Items]
Number of customers accounted for more than 10% of sales individually	3	3	3		4

Segments - PetIQ, LLC and Subsidiaries (Details) - Pet, LLC and Subsidiaries (the "Company") $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2017 USD ($) segment	Jun. 30, 2016 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments \| segment			2
Number of reportable segments \| segment			2
Financial information relating to the Company’s operating segments
Net Sales	$ 87,178	$ 61,280	$ 154,207	$ 113,578
Gross profit	15,951	8,961	28,151	18,733
General and administrative expenses	9,277	8,302	16,682	16,365
Operating income	6,674	659	11,469	2,368
Domestic
Financial information relating to the Company’s operating segments
Net Sales	85,857	60,095	151,767	111,279
Gross profit	15,375	8,493	27,100	17,759
General and administrative expenses	8,819	7,840	15,768	15,469
Operating income	6,556	653	11,332	2,290
International
Financial information relating to the Company’s operating segments
Net Sales	1,321	1,185	2,440	2,299
Gross profit	576	468	1,051	974
General and administrative expenses	458	462	914	896
Operating income	$ 118	$ 6	$ 137	$ 78

Subsequent Events - PetIQ, LLC and Subsidiaries (Details) - USD ($) $ / shares in Units, $ in Thousands			1 Months Ended
	Jul. 26, 2017	Jul. 20, 2017	Jul. 31, 2017	Aug. 11, 2017	Jun. 30, 2017	Dec. 31, 2016
Common Stock, Shares, Issued					0	0
Class A common stock
Common Stock, Shares, Issued		125,000,000
Class B common stock
Common Stock, Shares, Issued		8,401,521
Subsequent event \| IPO
Repayments of debt	$ 56,000
Percentage Of Ownership	33.40%
Subsequent event \| Class A common stock
Common Stock, Shares, Issued				13,222,583
Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	7,187,500
Share price	$ 16.00
Proceeds from IPO	$ 115,000
Subsequent event \| Class B common stock
Common Stock, Shares, Issued				8,268,188
Omnibus Plan \| Subsequent event \| Class A common stock
Share price		$ 16.00
Shares reserved for future issuance			1,914,047
Granted (in shares)		804,049
Certain Employee Owners \| Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	419,102
Percentage Of Ownership	1.90%
Continuing LLC Owners \| Subsequent event \| Class B common stock \| IPO
Common Stock, Shares, Issued	8,268,188
Percentage Of Ownership	38.50%
Certain Sponsors \| Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	5,615,981
Percentage Of Ownership	26.10%
Amended Holdco LLC Agreement \| Sponsor Corps \| Subsequent event
Common unit issued in exchange of shares			5,615,981
Common unit issued in exchange of preference notes			1,907,858
Preference notes payable			$ 30,526
Amended Holdco LLC Agreement \| Sponsor Corps \| Subsequent event \| Class A common stock
Common Stock, Shares, Issued			5,615,981
Amended Holdco LLC Agreement \| Certain Employee Owners \| Subsequent event
Common unit issued in exchange of shares			419,102
Amended Holdco LLC Agreement \| Certain Employee Owners \| Subsequent event \| Class A common stock
Common Stock, Shares, Issued			419,102
Amended Holdco LLC Agreement \| Continuing LLC Owners \| Subsequent event
Common unit issued in exchange of preference notes			1,589,643
Preference notes payable			$ 25,434
Amended Holdco LLC Agreement \| Continuing LLC Owners \| Subsequent event \| Class B common stock
Common unit issued in exchange of shares			8,268,188
Pet, LLC and Subsidiaries (the "Company") \| Subsequent event
Purchase price			$ 2,400
Mortgage payable			$ 2,000
Interest rate			4.50%
Pet, LLC and Subsidiaries (the "Company") \| Certain Executives \| Subsequent event
Common Stock, Shares, Issued			3,556,666
Pet, LLC and Subsidiaries (the "Company") \| Amended Holdco LLC Agreement \| Subsequent event
Common unit issued in exchange of preference notes			1,589,643
Preference notes payable			$ 25,434
Pet, LLC and Subsidiaries (the "Company") \| Amended Holdco LLC Agreement \| Subsequent event \| Class A common stock
Common unit issued in exchange of shares			5,615,981
Common unit issued in exchange of preference notes			1,907,858
Preference notes payable			$ 30,526
Pet, LLC and Subsidiaries (the "Company") \| Amended Holdco LLC Agreement \| Subsequent event \| Class B common stock
Common unit issued in exchange of shares			8,268,188
Pet, LLC and Subsidiaries (the "Company") \| Amended Holdco LLC Agreement \| Certain Employee Owners \| Subsequent event
Common Stock, Shares, Issued			419,102
Common unit issued in exchange of shares			419,102
Pet, LLC and Subsidiaries (the "Company") \| Amended Holdco LLC Agreement \| Certain Executives \| Class B common stock
Common Stock, Shares, Issued			133,334
Repayments of debt			$ 56,000
Proceeds from IPO			$ 115,000
Holdco \| Subsequent event \| IPO
Number of shares purchased	3,556,666
Holdco \| Certain Executives \| Subsequent event \| Class B common stock \| IPO
Number of shares purchased	133,334

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands			1 Months Ended
	Jul. 26, 2017	Jul. 20, 2017	Jul. 31, 2017	Aug. 11, 2017	Jun. 30, 2017	Dec. 31, 2016
Common Stock, Shares, Issued					0	0
Common Stock, Shares, Outstanding					0	0
Class A common stock
Common Stock, Shares, Issued		125,000,000
Class B common stock
Common Stock, Shares, Issued		8,401,521
Subsequent event \| IPO
Repayments of debt	$ 56,000
Percentage Of Ownership	33.40%
Subsequent event \| Class A common stock
Common Stock, Shares, Issued				13,222,583
Common Stock, Shares, Outstanding				13,222,583
Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	7,187,500
Share price	$ 16.00
Proceeds from IPO	$ 115,000
Subsequent event \| Class B common stock
Common Stock, Shares, Issued				8,268,188
Common Stock, Shares, Outstanding				8,268,188
Omnibus Plan \| Subsequent event \| Class A common stock
Share price		$ 16.00
Shares reserved for future issuance			1,914,047
Granted (in shares)		804,049
Certain Employee Owners \| Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	419,102
Percentage Of Ownership	1.90%
Continuing LLC Owners \| Subsequent event \| Class B common stock \| IPO
Common Stock, Shares, Issued	8,268,188
Percentage Of Ownership	38.50%
Certain Sponsors \| Subsequent event \| Class A common stock \| IPO
Common Stock, Shares, Issued	5,615,981
Percentage Of Ownership	26.10%
Amended Holdco LLC Agreement \| Sponsor Corps \| Subsequent event
Common unit issued in exchange of shares			5,615,981
Common unit issued in exchange of preference notes			1,907,858
Preference notes payable			$ 30,526
Amended Holdco LLC Agreement \| Sponsor Corps \| Subsequent event \| Class A common stock
Common Stock, Shares, Issued			5,615,981
Amended Holdco LLC Agreement \| Certain Employee Owners \| Subsequent event
Common unit issued in exchange of shares			419,102
Amended Holdco LLC Agreement \| Certain Employee Owners \| Subsequent event \| Class A common stock
Common Stock, Shares, Issued			419,102
Amended Holdco LLC Agreement \| Continuing LLC Owners \| Subsequent event
Common unit issued in exchange of preference notes			1,589,643
Preference notes payable			$ 25,434
Amended Holdco LLC Agreement \| Continuing LLC Owners \| Subsequent event \| Class B common stock
Common unit issued in exchange of shares			8,268,188
Holdco \| Subsequent event \| IPO
Number of shares purchased	3,556,666
Holdco \| Certain Executives \| Subsequent event \| Class B common stock \| IPO
Number of shares purchased	133,334