Numerator

Net income attributable to Generac Holdings Inc.

$

113,742

$

60,377

$

199,089

$

118,005

Redeemable noncontrolling interest redemption value adjustment

-

(46

)

(2,686

)

(10,883

)

Net income attributable to common shareholders

$

113,742

$

60,331

$

196,403

$

107,122

Denominator

Weighted average shares, basic

59,493,640

61,368,440

59,720,597

61,552,949

Dilutive effect of stock compensation awards (1)

818,753

722,723

754,881

809,794

Weighted average shares, dilutive

60,312,393

62,091,163

60,475,478

62,362,743

Net income attributable to common shareholders per share

Basic

$

1.91

$

0.98

$

3.29

$

1.74

Diluted

$

1.89

$

0.97

$

3.25

$

1.72