Three Months Ended June 30,

Six Months Ended June 30,

2023

2022

2023

2022

Numerator

Net income attributable to Generac Holdings Inc.

$

45,198

$

156,359

$

57,628

$

270,217

Redeemable noncontrolling interest redemption value adjustment

(1,821

)

(13,645

)

(10,837

)

(25,592

)

Net income attributable to common shareholders

$

43,377

$

142,714

$

46,791

$

244,625

Denominator

Weighted average shares, basic

61,721,614

63,662,510

61,645,341

63,607,711

Dilutive effect of stock compensation awards (1)

626,570

1,040,295

784,570

1,180,348

Dilutive effect of contingently issued shares

-

10,943

-

10,943

Diluted shares

62,348,184

64,713,748

62,429,911

64,799,002

Net income attributable to common shareholders per share

Basic

$

0.70

$

2.24

$

0.76

$

3.85

Diluted

$

0.70

$

2.21

$

0.75

$

3.78