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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net sales $ 286,535 $ 311,818
Costs of goods sold 188,475 209,215
Gross profit 98,060 102,603
Operating expenses:    
Selling and service 37,269 30,128
Research and development 8,197 8,163
General and administrative 17,833 14,206
Amortization of intangibles 7,797 5,195
Total operating expenses 71,096 57,692
Income from operations 26,964 44,911
Other (expense) income:    
Interest expense (11,035) (11,268)
Investment income $ 32 37
Loss on extinguishment of debt $ (1,368)
Costs related to acquisitions $ (417)
Other, net 387 $ (1,609)
Total other expense, net (11,033) (14,208)
Income before provision for income taxes 15,931 30,703
Provision for income taxes 5,719 11,018
Net income 10,212 $ 19,685
Net income attributable to noncontrolling interests 4
Net income attributable to Generac Holdings Inc. $ 10,208 $ 19,685
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 0.15 $ 0.29
Weighted average common shares outstanding - basic: (in shares) 66,099,755 68,806,337
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 0.15 $ 0.28
Weighted average common shares outstanding - diluted: (in shares) 66,600,040 70,088,935
Comprehensive income $ 11,454 $ 12,867