XML 76 R65.htm IDEA: XBRL DOCUMENT v3.22.2
Note 13 - Earnings Per Share - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net income attributable to Generac Holdings Inc. $ 156,359 $ 127,036 $ 270,217 $ 276,029
Redeemable noncontrolling interest redemption value adjustment (13,645) 1,747 (25,592) 1,870
Net income attributable to common shareholders $ 142,714 $ 128,783 $ 244,625 $ 277,899
Weighted average shares, basic (in shares) 63,662,510 62,605,166 63,607,711 62,533,725
Dilutive effect of stock compensation awards (in shares) [1] 1,040,295 1,483,543 1,180,348 1,563,653
Dilutive effect of contingently issued shares (in shares) 10,943 0 10,943 0
Diluted shares (in shares) 64,713,748 64,088,709 64,799,002 64,097,378
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 2.24 $ 2.06 $ 3.85 $ 4.44
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 2.21 $ 2.01 $ 3.78 $ 4.34
[1] Excludes approximately 17,000 stock options and restricted stock awards for the three months ended March 31, 2022 as the impact of such awards was anti-dilutive. There were no awards with an anti-dilutive impact for the three months ended March 31, 2021.