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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 397,634 $ 330,485
Costs of goods sold 257,645 221,685
Gross profit 139,989 108,800
Operating expenses:    
Selling and service 42,682 39,467
Research and development 11,853 10,287
General and administrative 23,475 20,973
Amortization of intangibles 5,632 7,183
Total operating expenses 83,642 77,910
Income from operations 56,347 30,890
Other (expense) income:    
Interest expense (10,113) (10,788)
Investment income 346 5
Costs related to acquisition (11) (185)
Other, net (1,383) 83
Total other expense, net (11,161) (10,885)
Income before provision for income taxes 45,186 20,005
Provision for income taxes 11,416 7,823
Net income 33,770 12,182
Net income attributable to noncontrolling interests 125 7
Net income attributable to Generac Holdings Inc. $ 33,645 $ 12,175
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 0.42 $ 0.21
Weighted average common shares outstanding - basic: (in shares) 61,943,495 62,366,263
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 0.42 $ 0.20
Weighted average common shares outstanding - diluted: (in shares) 62,474,936 62,936,126
Comprehensive income attributable to Generac Holdings Inc. $ 44,703 $ 15,720