Numerator

Net income attributable to Generac Holdings Inc.

$

59,115

$

45,198

$

85,347

$

57,628

Redeemable noncontrolling interest redemption value adjustment

-

(1,821

)

(2,686

)

(10,837

)

Net income attributable to common shareholders

$

59,115

$

43,377

$

82,661

$

46,791

Denominator

Weighted average shares, basic

59,880,336

61,721,614

59,854,131

61,645,341

Dilutive effect of stock compensation awards (1)

761,404

626,570

705,773

784,570

Dilutive effect of contingently issued shares

-

Diluted shares

60,641,740

62,348,184

60,559,904

62,429,911

Net income attributable to common shareholders per share

Basic

$

0.99

$

0.70

$

1.38

$

0.76

Diluted

$

0.97

$

0.70

$

1.36

$

0.75