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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net sales $ 470,353 $ 400,091
Costs of goods sold 308,178 258,164
Gross profit 162,175 141,927
Operating expenses:    
Selling and service 47,289 44,620
Research and development 13,609 11,853
General and administrative 24,762 23,475
Amortization of intangibles 5,342 5,632
Total operating expenses 91,002 85,580
Income from operations 71,173 56,347
Other (expense) income:    
Interest expense (10,272) (10,113)
Investment income 914 346
Other, net (1,061) (1,394)
Total other expense, net (10,419) (11,161)
Income before provision for income taxes 60,754 45,186
Provision for income taxes 14,985 11,416
Net income 45,769 33,770
Net income attributable to noncontrolling interests 908 125
Net income attributable to Generac Holdings Inc. $ 44,861 $ 33,645
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 0.77 $ 0.42
Weighted average common shares outstanding - basic: (in shares) 61,762,260 61,943,495
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 0.76 $ 0.42
Weighted average common shares outstanding - diluted: (in shares) 62,223,638 62,474,936
Comprehensive income attributable to Generac Holdings Inc. $ 39,527 $ 44,703