Numerator

Net income attributable to Generac Holdings Inc.

$

143,244

$

74,016

$

216,497

$

117,856

Net income attributable to common shareholders

$

143,244

$

74,016

$

216,497

$

117,856

Denominator

Weighted average shares, basic

58,822,634

58,496,998

58,615,919

58,771,818

Dilutive effect of stock compensation awards (1)

812,813

520,825

820,460

614,089

Weighted average shares, diluted

59,635,447

59,017,823

59,436,379

59,385,907

Net income attributable to common shareholders per share

Basic

$

2.44

$

1.27

$

3.69

$

2.01

Diluted

$

2.40

$

1.25

$

3.64

$

1.98