Share-Based Compensation	3 Months Ended
May 05, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation Citrus Profits Interest Plan Subsequent to the PetSmart Acquisition, the Company’s share-based compensation included profits interests units granted by Citrus Intermediate Holdings L.P. (the “Citrus Partnership”), a newly established Delaware limited partnership (the “Citrus Profits Interest Plan”). The Citrus Partnership is a parent company of PetSmart and a wholly-owned subsidiary of the Sponsors. The Company recognizes share-based compensation as equity contributions from the Citrus Partnership in its condensed consolidated financial statements for awards granted under the Citrus Profits Interest Plan as it relates to grantees’ services as employees of the Company. During the thirteen weeks ended May 5, 2019 and April 29, 2018, the Company recognized share-based compensation expense of $7.2 million and $3.3 million, respectively, in connection with awards granted under the Citrus Profits Interest Plan. Share-based compensation expense is included within selling, general and administrative expenses in the condensed consolidated statements of operations. 2019 Omnibus Incentive Plan In June 2019, the Company’s board of directors adopted and approved the 2019 Omnibus Incentive Plan (the “2019 Plan”). The 2019 Plan became effective on June 13, 2019 and allows for the issuance of up to 31,864,865 shares of Class A common stock. The 2019 Plan provides for the grant of stock options, including incentive stock options (“ISOs”), non-qualified stock options (“NSOs”), restricted stock, dividend equivalents, stock payments, restricted stock units (“RSUs”), performance shares, other incentive awards, SARs, and cash awards (collectively “awards”). The awards may be granted to the Company’s employees, consultants, and directors, and the employees and consultants of the Company’s affiliates and subsidiaries. In connection with the consummation of the IPO, the Company granted the following RSUs under the 2019 Plan: •2,711,689 RSUs, which were fully vested upon consummation of the IPO, •362,629 RSUs, which will vest within one year of consummation of the IPO, and •21,693,634 RSUs, which will vest based on time-vesting conditions and share price hurdles. There are 7,096,913 additional shares of Class A common stock reserved for future issuance under the 2019 Plan.

Share-Based Compensation

Citrus Profits Interest Plan

Subsequent to the PetSmart Acquisition, the Company’s share-based compensation included profits interests units granted by Citrus Intermediate Holdings L.P. (the “Citrus Partnership”), a newly established Delaware limited partnership (the “Citrus Profits Interest Plan”). The Citrus Partnership is a parent company of PetSmart and a wholly-owned subsidiary of the Sponsors. The Company recognizes share-based compensation as equity contributions from the Citrus Partnership in its condensed consolidated financial statements for awards granted under the Citrus Profits Interest Plan as it relates to grantees’ services as employees of the Company.

During the thirteen weeks ended May 5, 2019 and April 29, 2018, the Company recognized share-based compensation expense of $7.2 million and $3.3 million, respectively, in connection with awards granted under the Citrus Profits Interest Plan. Share-based compensation expense is included within selling, general and administrative expenses in the condensed consolidated statements of operations.

2019 Omnibus Incentive Plan

In June 2019, the Company’s board of directors adopted and approved the 2019 Omnibus Incentive Plan (the “2019 Plan”). The 2019 Plan became effective on June 13, 2019 and allows for the issuance of up to 31,864,865 shares of Class A common stock.

The 2019 Plan provides for the grant of stock options, including incentive stock options (“ISOs”), non-qualified stock options (“NSOs”), restricted stock, dividend equivalents, stock payments, restricted stock units (“RSUs”), performance shares, other incentive awards, SARs, and cash awards (collectively “awards”). The awards may be granted to the Company’s employees, consultants, and directors, and the employees and consultants of the Company’s affiliates and subsidiaries.

In connection with the consummation of the IPO, the Company granted the following RSUs under the 2019 Plan:

•2,711,689 RSUs, which were fully vested upon consummation of the IPO,

•362,629 RSUs, which will vest within one year of consummation of the IPO, and

•21,693,634 RSUs, which will vest based on time-vesting conditions and share price hurdles.

There are 7,096,913 additional shares of Class A common stock reserved for future issuance under the 2019 Plan.