Three Months Ended March 31,

2023

2022

Numerator

Net income attributable to Generac Holdings Inc.

$

12,430

$

113,858

Redeemable noncontrolling interest redemption value adjustment

(9,016

)

(11,947

)

Net income attributable to common shareholders

$

3,414

$

101,911

Denominator

Weighted average shares, basic

61,556,044

63,449,380

Dilutive effect of stock compensation awards (1)

738,403

1,279,626

Dilutive effect of contingently issued shares

-

99,813

Diluted shares

62,294,447

64,828,819

Net income attributable to common shareholders per share

Basic

$

0.06

$

1.61

Diluted

$

0.05

$

1.57