Three Months Ended June 30,

Six Months Ended June 30,

2019

2018

2019

2018

Numerator

Net income attributable to Generac Holdings Inc.

$

61,958

$

53,261

$

106,819

$

86,906

Redeemable noncontrolling interest redemption value adjustment

(756

)

(2,305

)

1,676

(9,970

)

Net income attributable to common shareholders

$

61,202

$

50,956

$

108,495

$

76,936

Denominator

Weighted average shares, basic

61,921,711

61,534,423

61,841,823

61,696,014

Dilutive effect of stock compensation awards (1)

484,152

520,024

507,207

563,698

Diluted shares

62,405,863

62,054,447

62,349,030

62,259,712

Net income attributable to common shareholders per share

Basic

$

0.99

$

0.83

$

1.75

$

1.25

Diluted

$

0.98

$

0.82

$

1.74

$

1.24