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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 331,814 $ 286,535
Costs of goods sold 221,328 188,475
Gross profit 110,486 98,060
Operating expenses:    
Selling and service 40,184 37,269
Research and development 10,301 8,197
General and administrative 20,973 17,833
Amortization of intangibles 7,183 7,797
Total operating expenses 78,641 71,096
Income from operations 31,845 26,964
Other (expense) income:    
Interest expense (10,788) (11,035)
Investment income 5 32
Costs related to acquisitions (185) (417)
Other, net 223 387
Total other expense, net (10,745) (11,033)
Income before provision for income taxes 21,100 15,931
Provision for income taxes 8,251 5,719
Net income 12,849 10,212
Net income attributable to noncontrolling interests 7 4
Net income attributable to Generac Holdings Inc. $ 12,842 $ 10,208
Net income attributable to common shareholders per common share - basic: (in dollars per share) $ 0.22 $ 0.15
Weighted average common shares outstanding - basic: (in shares) 62,366,263 66,099,755
Net income attributable to common shareholders per common share - diluted: (in dollars per share) $ 0.21 $ 0.15
Weighted average common shares outstanding - diluted: (in shares) 62,936,126 66,600,040
Comprehensive income attributable to Generac Holdings Inc. $ 16,387 $ 11,454