Three Months Ended September 30,

Nine Months Ended September 30,

2021

2020

2021

2020

Numerator

Net income attributable to Generac Holdings Inc.

$

131,570

$

114,970

$

407,599

$

225,575

Redeemable noncontrolling interest redemption value adjustment

(7,557

)

811

(5,687

)

(2,281

)

Net income attributable to common shareholders

$

124,013

$

115,781

$

401,912

$

223,294

Denominator

Weighted average shares, basic

62,690,437

62,353,473

62,583,957

62,244,872

Dilutive effect of stock compensation awards (1)

1,517,680

1,407,907

1,562,325

1,301,260

Diluted shares

64,208,116

63,761,380

64,146,281

63,546,132

Net income attributable to common shareholders per share

Basic

$

1.98

$

1.86

$

6.42

$

3.59

Diluted

$

1.93

$

1.82

$

6.27

$

3.51