Year Ended December 31,

2019

2018

2017

Numerator

Net income attributable to Generac Holdings Inc.

$

252,007

$

238,257

$

157,808

Redeemable noncontrolling interest redemption value adjustment

1,253

(17,970

)

909

Net income attributable to common shareholders

$

253,260

$

220,287

$

158,717

Denominator

Weighted average shares, basic

61,926,986

61,662,031

62,040,704

Dilutive effect of stock compensation awards (1)

938,460

571,194

602,168

Diluted shares

62,865,446

62,233,225

62,642,872

Net income attributable to common shareholders per share

Basic

$

4.09

$

3.57

$

2.56

Diluted

$

4.03

$

3.54

$

2.53