Numerator

Net income attributable to Generac Holdings Inc.

$

127,036

$

66,145

$

276,029

$

110,605

Redeemable noncontrolling interest redemption value adjustment

1,747

(1,570

)

1,870

(3,092

)

Net income attributable to common shareholders

$

128,783

$

64,575

$

277,899

$

107,513

Denominator

Weighted average shares, basic

62,605,166

62,267,083

62,533,725

62,190,438

Dilutive effect of stock compensation awards (1)

1,483,543

1,097,170

1,563,653

1,173,283

Diluted shares

64,088,709

63,364,253

64,097,378

63,363,721

Net income attributable to common shareholders per share

Basic

$

2.06

$

1.04

$

4.44

$

1.73

Diluted

$

2.01

$

1.02

$

4.34

$

1.70