XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Excess Purchase Price over Predecessor Basis [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2022 72,701,257   (11,284,350)            
Balance at Dec. 31, 2022 $ 728,000 $ 1,016,138,000 $ (808,491,000) $ (202,116,000) $ 2,316,224,000 $ (65,102,000) $ 2,257,381,000 $ 1,874,000 $ 2,259,255,000
Balance (in shares) at Mar. 31, 2023 73,052,760   (10,855,203)            
Balance at Mar. 31, 2023 $ 731,000 1,042,786,000 $ (779,533,000) (202,116,000) 2,319,638,000 (42,343,000) 2,339,163,000 2,216,000 2,341,379,000
Balance (in shares) at Dec. 31, 2022 72,701,257   (11,284,350)            
Balance at Dec. 31, 2022 $ 728,000 1,016,138,000 $ (808,491,000) (202,116,000) 2,316,224,000 (65,102,000) 2,257,381,000 1,874,000 2,259,255,000
Unrealized gain (loss) on interest rate swaps, net of tax           1,264,000 1,264,000   1,264,000
Foreign currency translation adjustment           47,622,000 47,622,000 55,000 47,677,000
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares) 384,816                
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price $ 4,000 1,832,000         1,836,000   1,836,000
Net share settlement of restricted stock awards (in shares)     (40,116)            
Net share settlement of restricted stock awards     $ (4,797,000)       (4,797,000)   (4,797,000)
Share-based compensation   20,379,000         20,379,000   20,379,000
Net income attributable to Generac Holdings Inc.         57,628,000   57,628,000   57,628,000
Net income (loss)               545,000  
Net income (loss)                 58,173,000
Redemption value adjustment         (10,837,000)   (10,837,000)   (10,837,000)
Payment of contingent consideration (in shares) 10,943   466,118            
Payment of contingent consideration $ 0 15,410,000 $ 33,396,000       48,806,000   48,806,000
Balance (in shares) at Jun. 30, 2023 73,097,016   (10,858,348)            
Balance at Jun. 30, 2023 $ 732,000 1,053,759,000 $ (779,892,000) (202,116,000) 2,363,015,000 (16,216,000) 2,419,282,000 2,474,000 2,421,756,000
Balance (in shares) at Mar. 31, 2023 73,052,760   (10,855,203)            
Balance at Mar. 31, 2023 $ 731,000 1,042,786,000 $ (779,533,000) (202,116,000) 2,319,638,000 (42,343,000) 2,339,163,000 2,216,000 2,341,379,000
Unrealized gain (loss) on interest rate swaps, net of tax           5,752,000 5,752,000   5,752,000
Foreign currency translation adjustment           20,375,000 20,375,000 (5,000) 20,370,000
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares) 44,256                
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price $ 1,000 928,000         929,000   929,000
Net share settlement of restricted stock awards (in shares)     (3,145)            
Net share settlement of restricted stock awards     $ (359,000)       (359,000)   (359,000)
Share-based compensation   10,045,000         10,045,000   10,045,000
Net income attributable to Generac Holdings Inc.         45,198,000   45,198,000   45,198,000
Net income (loss)               263,000  
Net income (loss)                 45,461,000
Redemption value adjustment         (1,821,000)   (1,821,000)   (1,821,000)
Balance (in shares) at Jun. 30, 2023 73,097,016   (10,858,348)            
Balance at Jun. 30, 2023 $ 732,000 1,053,759,000 $ (779,892,000) (202,116,000) 2,363,015,000 (16,216,000) 2,419,282,000 2,474,000 2,421,756,000
Balance (in shares) at Dec. 31, 2023 73,195,055   (13,057,298)            
Balance at Dec. 31, 2023 $ 733,000 1,070,386,000 $ (1,032,921,000) (202,116,000) 2,519,313,000 (15,143,000) 2,340,252,000 2,818,000 2,343,070,000
Balance (in shares) at Mar. 31, 2024 73,492,146   (13,087,185)            
Balance at Mar. 31, 2024 $ 735,000 1,081,985,000 $ (1,037,227,000) (202,116,000) 2,542,859,000 (18,832,000) 2,367,404,000 2,908,000 2,370,312,000
Balance (in shares) at Dec. 31, 2023 73,195,055   (13,057,298)            
Balance at Dec. 31, 2023 $ 733,000 1,070,386,000 $ (1,032,921,000) (202,116,000) 2,519,313,000 (15,143,000) 2,340,252,000 2,818,000 2,343,070,000
Unrealized gain (loss) on interest rate swaps, net of tax           252,000 252,000   252,000
Foreign currency translation adjustment           (28,638,000) (28,638,000) (127,000) (28,765,000)
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares) 413,523                
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price $ 3,000 5,533,000         5,536,000   5,536,000
Net share settlement of restricted stock awards (in shares)     (42,276)            
Net share settlement of restricted stock awards     $ (4,896,000)       (4,896,000)   (4,896,000)
Stock repurchases (in shares)     (355,640)            
Stock repurchases     $ (50,609,000)       (50,609,000)   (50,609,000)
Share-based compensation   25,155,000         25,155,000   25,155,000
Net income attributable to Generac Holdings Inc.         85,347,000   85,347,000   85,347,000
Net income (loss)               115,000  
Net income (loss)                 85,462,000
Redemption value adjustment         (2,686,000)   (2,686,000)   (2,686,000)
Balance (in shares) at Jun. 30, 2024 73,608,578   (13,446,797)            
Balance at Jun. 30, 2024 $ 736,000 1,101,074,000 $ (1,088,426,000) (202,116,000) 2,601,974,000 (43,529,000) 2,369,713,000 2,806,000 2,372,519,000
Balance (in shares) at Mar. 31, 2024 73,492,146   (13,087,185)            
Balance at Mar. 31, 2024 $ 735,000 1,081,985,000 $ (1,037,227,000) (202,116,000) 2,542,859,000 (18,832,000) 2,367,404,000 2,908,000 2,370,312,000
Unrealized gain (loss) on interest rate swaps, net of tax           (1,730,000) (1,730,000)   (1,730,000)
Foreign currency translation adjustment           (22,967,000) (22,967,000) (40,000) (23,007,000)
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares) 116,432                
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price $ 1,000 6,374,000         6,375,000   6,375,000
Net share settlement of restricted stock awards (in shares)     (3,972)            
Net share settlement of restricted stock awards     $ (590,000)       (590,000)   (590,000)
Stock repurchases (in shares)     (355,640)            
Stock repurchases     $ (50,609)       (50,609)   (50,609)
Share-based compensation   12,715,000         12,715,000   12,715,000
Net income attributable to Generac Holdings Inc.         59,115,000   59,115,000   59,115,000
Net income (loss)               (62,000)  
Net income (loss)                 59,053,000
Redemption value adjustment                 0
Balance (in shares) at Jun. 30, 2024 73,608,578   (13,446,797)            
Balance at Jun. 30, 2024 $ 736,000 $ 1,101,074,000 $ (1,088,426,000) $ (202,116,000) $ 2,601,974,000 $ (43,529,000) $ 2,369,713,000 $ 2,806,000 $ 2,372,519,000