Three Months Ended March 31,

2020

2019

Numerator

Net income attributable to Generac Holdings Inc.

$

44,460

$

44,861

Redeemable noncontrolling interest redemption value adjustment

(1,522

)

2,432

Net income attributable to common shareholders

$

42,938

$

47,293

Denominator

Weighted average shares, basic

62,126,481

61,762,260

Dilutive effect of stock compensation awards (1)

1,157,256

461,378

Diluted shares

63,283,737

62,223,638

Net income attributable to common shareholders per share

Basic

$

0.69

$

0.77

Diluted

$

0.68

$

0.76