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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales $ 1,070,667 $ 1,088,258 $ 2,958,997 $ 3,515,505
Costs of goods sold 694,880 727,154 1,982,290 2,336,668
Gross profit 375,787 361,104 976,707 1,178,837
Operating expenses:        
Selling and service 117,929 170,381 334,360 388,690
Research and development 43,312 39,985 129,074 121,328
General and administrative 83,052 37,464 199,108 132,036
Amortization of intangibles 26,718 25,751 78,934 77,681
Total operating expenses 271,011 273,581 741,476 719,735
Income from operations 104,776 87,523 235,231 459,102
Other (expense) income:        
Interest expense (24,707) (15,514) (72,862) (35,303)
Investment income 1,160 451 2,789 620
Loss on extinguishment of debt [1] 0 0 0 (3,743)
Other, net (1,167) (420) (1,664) 331
Total other expense, net (24,714) (15,483) (71,737) (38,095)
Income before provision for income taxes 80,062 72,040 163,494 421,007
Provision for income taxes 19,428 11,594 43,184 86,028
Net income 60,634 60,446 120,310 334,979
Net income attributable to noncontrolling interests 257 2,176 2,305 6,492
Net income attributable to Generac Holdings Inc. $ 60,377 $ 58,270 $ 118,005 $ 328,487
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 0.98 $ 0.84 $ 1.74 $ 4.69
Weighted average common shares outstanding - basic: (in shares) 61,368,440 63,249,881 61,552,949 63,480,161
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 0.97 $ 0.83 $ 1.72 $ 4.61
Weighted average common shares outstanding - diluted: (in shares) 62,091,163 64,267,638 62,362,743 64,630,346
Comprehensive income attributable to Generac Holdings Inc. $ 37,041 $ 21,683 $ 141,463 $ 264,912
[1] Represents the write-off of original issue discount and capitalized debt issuance costs due to voluntary debt prepayment.