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