Year Ended December 31,

2022

2021

2020

Numerator

Net income attributable to Generac Holdings Inc.

$

399,502

$

550,494

$

350,576

Redeemable noncontrolling interest redemption value adjustment

(49,235

)

(17,102

)

(1,247

)

Net income attributable to common shareholders

$

350,267

$

533,392

$

349,329

Denominator

Weighted average shares, basic

63,117,007

62,686,001

62,280,889

Dilutive effect of stock compensation awards (1)

1,087,219

1,534,603

1,456,845

Dilutive effect of contingently issued shares

477,131

32,804

-

Diluted shares

64,681,357

64,253,408

63,737,734

Net income attributable to common shareholders per share

Basic

$

5.55

$

8.51

$

5.61

Diluted

$

5.42

$

8.30

$

5.48