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Note 14 - Earnings Per Share | 6 Months Ended
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Jun. 30, 2020
Notes to Financial Statements |
Earnings Per Share [Text Block] | 14. Earnings Per Share Basic earnings per share is calculated by dividing net income attributable to the common shareholders of the Company by the weighted average number of common shares outstanding during the period, exclusive of restricted shares. Except where the result would be anti-dilutive, diluted earnings per share is calculated by assuming the vesting of unvested restricted stock and the exercise of stock options. Refer to Note 3, “Redeemable Noncontrolling Interest” for further information regarding the accounting for redeemable noncontrolling interests. The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Generac Holdings Inc. |  | $ | 66,145 |  |  | $ | 61,958 |  |  | $ | 110,605 |  |  | $ | 106,819 |
Redeemable noncontrolling interest redemption value adjustment |  |  | (1,570 | ) |  |  | (756 | ) |  |  | (3,092 | ) |  |  | 1,676 |
Net income attributable to common shareholders |  | $ | 64,575 |  |  | $ | 61,202 |  |  | $ | 107,513 |  |  | $ | 108,495 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares, basic |  |  | 62,267,083 |  |  |  | 61,921,711 |  |  |  | 62,190,438 |  |  |  | 61,841,823 |
Dilutive effect of stock compensation awards (1) |  |  | 1,097,170 |  |  |  | 484,152 |  |  |  | 1,173,283 |  |  |  | 507,207 |
Diluted shares |  |  | 63,364,253 |  |  |  | 62,405,863 |  |  |  | 63,363,721 |  |  |  | 62,349,030 |
Net income attributable to common shareholders per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.04 |  |  | $ | 0.99 |  |  | $ | 1.73 |  |  | $ | 1.75 |
Diluted |  | $ | 1.02 |  |  | $ | 0.98 |  |  | $ | 1.70 |  |  | $ | 1.74 |
(1) Excludes approximately 49,000 and 41,000 stock options for the three months ended June 30, 2020 and 2019, respectively, as the impact of such awards was anti-dilutive. Excludes approximately 15,000 and 76,000 stock options for the six months ended June 30, 2020 and 2019, respectively, as the impact of such awards was anti-dilutive.

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