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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net sales $ 1,135,856 $ 807,434
Costs of goods sold 775,108 485,620
Gross profit 360,748 321,814
Operating expenses:    
Selling and service 98,243 68,424
Research and development 39,744 22,388
General and administrative 41,972 32,899
Amortization of intangibles 26,054 8,979
Total operating expenses 206,013 132,690
Income from operations 154,735 189,124
Other (expense) income:    
Interest expense (9,554) (7,723)
Investment income 77 603
Other, net 246 3,309
Total other expense, net (9,231) (3,811)
Income before provision for income taxes 145,504 185,313
Provision for income taxes 28,608 35,368
Net income 116,896 149,945
Net income attributable to noncontrolling interests 3,038 952
Net income attributable to Generac Holdings Inc. $ 113,858 $ 148,993
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 1.61 $ 2.39
Weighted average common shares outstanding - basic: (in shares) 63,449,380 62,478,734
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 1.57 $ 2.33
Weighted average common shares outstanding - diluted: (in shares) 64,828,819 64,099,073
Comprehensive income attributable to Generac Holdings Inc. $ 122,365 $ 153,816