Generac (GNRC) 10-Q7 May 242024 Q1 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2024	May 03, 2024
Document Information [Line Items]
Entity Central Index Key	0001474735
Entity Registrant Name	GENERAC HOLDINGS INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-34627
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-5654756
Entity Address, Address Line One	S45 W29290 Hwy 59
Entity Address, City or Town	Waukesha
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53189
City Area Code	262
Local Phone Number	544-4811
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	GNRC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		60,614,444

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 249,355	$ 200,994
Accounts receivable, less allowance for credit losses of $34,594 and $33,925 at March 31, 2024 and December 31, 2023, respectively	520,725	537,316
Inventories	1,182,350	1,167,484
Prepaid expenses and other current assets	101,483	91,898
Total current assets	2,053,913	1,997,692
Property and equipment, net	605,466	598,577
Customer lists, net	175,632	184,513
Patents and technology, net	407,928	417,441
Other intangible assets, net	23,956	27,127
Tradenames, net	214,136	216,995
Goodwill	1,429,495	1,432,384
Deferred income taxes	16,035	15,532
Operating lease and other assets	202,959	203,051
Total assets	5,129,520	5,093,312
Current liabilities:
Short-term borrowings	78,086	81,769
Accounts payable	381,352	340,719
Accrued wages and employee benefits	46,198	54,970
Accrued product warranty	61,801	65,298
Other accrued liabilities	287,026	292,120
Current portion of long-term borrowings and finance lease obligations	43,438	45,895
Total current liabilities	897,901	880,771
Long-term borrowings and finance lease obligations	1,439,736	1,447,553
Deferred income taxes	84,923	90,012
Deferred revenue	172,500	167,008
Operating lease and other long-term liabilities	155,031	158,349
Total liabilities	2,750,091	2,743,693
Redeemable noncontrolling interests	9,117	6,549
Stockholders’ equity:
Common stock, par value $0.01, 500,000,000 shares authorized, 73,492,146 and 73,195,055 shares issued at March 31, 2024 and December 31, 2023, respectively	735	733
Additional paid-in capital	1,081,985	1,070,386
Treasury stock, at cost, 13,087,185 and 13,057,298 shares at March 31, 2024 and December 31, 2023, respectively	(1,037,227)	(1,032,921)
Excess purchase price over predecessor basis	(202,116)	(202,116)
Retained earnings	2,542,859	2,519,313
Accumulated other comprehensive loss	(18,832)	(15,143)
Stockholders’ equity attributable to Generac Holdings Inc.	2,367,404	2,340,252
Noncontrolling interests	2,908	2,818
Total stockholders' equity	2,370,312	2,343,070
Total liabilities and stockholders’ equity	$ 5,129,520	$ 5,093,312

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accounts receivable, allowance for doubtful accounts	$ 34,594	$ 33,925
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	73,492,146	73,195,055
Treasury stock, shares (in shares)	13,087,185	13,057,298

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 889,273	$ 887,910
Costs of goods sold	572,894	615,411
Gross profit	316,379	272,499
Operating expenses:
Selling and service	108,586	100,688
Research and development	49,410	41,820
General and administrative	66,764	59,685
Amortization of intangibles	24,750	25,823
Total operating expenses	249,510	228,016
Income from operations	66,869	44,483
Other (expense) income:
Interest expense	(23,605)	(22,995)
Investment income	1,688	688
Change in fair value of investment	(6,019)	0
Other, net	(422)	(166)
Total other expense, net	(28,358)	(22,473)
Income before provision for income taxes	38,511	22,010
Provision for income taxes	12,033	7,849
Net income	26,478	14,161
Net income attributable to noncontrolling interests	246	1,731
Net income attributable to Generac Holdings Inc.	$ 26,232	$ 12,430
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share)	$ 0.39	$ 0.06
Weighted average common shares outstanding - basic: (in shares)	59,849,362	61,556,044
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share)	$ 0.39	$ 0.05
Weighted average common shares outstanding - diluted: (in shares)	60,486,125	62,294,447
Comprehensive income attributable to Generac Holdings Inc.	$ 22,564	$ 35,362

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Excess Purchase Price over Predecessor Basis [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2022	72,701,257		(11,284,350)
Balance at Dec. 31, 2022	$ 728	$ 1,016,138	$ (808,491)	$ (202,116)	$ 2,316,224	$ (65,102)	$ 2,257,381	$ 1,874	$ 2,259,255
Unrealized gain (loss) on interest rate swaps, net of tax						(4,488)	(4,488)		(4,488)
Foreign currency translation adjustment						27,247	27,247	60	27,307
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares)	340,560
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price	$ 3	904					907		907
Net share settlement of restricted stock awards (in shares)			(36,971)
Net share settlement of restricted stock awards			$ (4,438)				(4,438)		(4,438)
Share-based compensation		10,334					10,334		10,334
Redemption value adjustment					(9,016)		(9,016)		(9,016)
Net income attributable to Generac Holdings Inc.					12,430		12,430		12,430
Net income								282
Net income									12,712
Balance (in shares) at Mar. 31, 2023	73,052,760		(10,855,203)
Balance at Mar. 31, 2023	$ 731	1,042,786	$ (779,533)	(202,116)	2,319,638	(42,343)	2,339,163	2,216	2,341,379
Payment of contingent consideration (in shares)	10,943		466,118
Payment of contingent consideration		15,410	$ 33,396				48,806		48,806
Balance (in shares) at Dec. 31, 2023	73,195,055		(13,057,298)
Balance at Dec. 31, 2023	$ 733	1,070,386	$ (1,032,921)	(202,116)	2,519,313	(15,143)	2,340,252	2,818	2,343,070
Unrealized gain (loss) on interest rate swaps, net of tax						1,982	1,982		1,982
Foreign currency translation adjustment						(5,671)	(5,671)	(87)	(5,758)
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price (in shares)	297,091
Common stock issued under equity incentive plans, net of shares withheld for employee taxes and strike price	$ 2	(841)					(839)		(839)
Net share settlement of restricted stock awards (in shares)			(38,304)
Net share settlement of restricted stock awards			$ (4,306)				(4,306)		(4,306)
Share-based compensation		12,440					12,440		12,440
Redemption value adjustment					(2,686)		(2,686)		(2,686)
Net income attributable to Generac Holdings Inc.					26,232		26,232		26,232
Net income								177
Net income									26,409
Balance (in shares) at Mar. 31, 2024	73,492,146		(13,087,185)
Balance at Mar. 31, 2024	$ 735	$ 1,081,985	$ (1,037,227)	$ (202,116)	$ 2,542,859	$ (18,832)	$ 2,367,404	$ 2,908	$ 2,370,312

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
AOCI Attributable to Parent [Member]
Unrealized gain (loss) on interest rate swaps, tax	$ 662	$ 1,500

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Operating activities
Net income		$ 26,478	$ 14,161
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation		17,152	14,128
Amortization of intangible assets		24,750	25,823
Amortization of original issue discount and deferred financing costs		973	954
Change in fair value of investment		6,019	0
Deferred income taxes		(5,405)	(10,712)
Share-based compensation expense	[1]	12,440	10,334
(Gain) loss on disposal of assets		(52)	30
Other noncash charges		1,410	(160)
Excess tax expense (benefits) from equity awards		1,009	(998)
Net changes in operating assets and liabilities, net of acquisitions:
Accounts receivable		13,664	33,925
Inventories		(18,109)	(23,820)
Other assets		(920)	(5,576)
Accounts payable		44,682	(24,488)
Accrued wages and employee benefits		(8,512)	1,630
Other accrued liabilities		(3,681)	(53,790)
Net cash provided by (used in) operating activities		111,898	(18,559)
Investing activities
Proceeds from sale of property and equipment		51	84
Proceeds from beneficial interests in securitization transactions		0	795
Contribution to tax equity investment		(1,629)	0
Net proceeds from (purchase of) long-term investment		1,761	(2,000)
Expenditures for property and equipment		(26,820)	(23,977)
Acquisition of business, net of cash acquired		0	(16,188)
Net cash used in investing activities		(26,637)	(41,286)
Financing activities
Proceeds from short-term borrowings		8,970	19,515
Proceeds from long-term borrowings		471	267,869
Repayments of short-term borrowings		(18,489)	(5,080)
Repayments of long-term borrowings and finance lease obligations		(7,030)	(113,573)
Payment of contingent acquisition consideration		0	(479)
Payment of deferred acquisition consideration		(6,000)	0
Payment for additional ownership interest		(9,117)	(104,844)
Taxes paid related to equity awards		(5,455)	(4,710)
Proceeds from exercise of stock options		319	4,975
Net cash (used in) provided by financing activities		(36,331)	63,673
Effect of exchange rate changes on cash and cash equivalents		(569)	814
Net increase in cash and cash equivalents		48,361	4,642
Cash and cash equivalents at beginning of period		200,994	132,723
Cash and cash equivalents at end of period		$ 249,355	$ 137,365

[1]Represents share-based compensation expense to account for stock options, restricted stock and other stock awards over their respective vesting periods.

Note 1 - Description of Busines

Note 1 - Description of Business and Basis of Presentation	3 Months Ended
Note 1 - Description of Business and Basis of Presentation	Mar. 31, 2024
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1. Description of Business and Basis of Presentation Founded in 1959, Over the years, the Company has executed a number of acquisitions that support its strategic plan (as discussed in Item 1 10 December 31, 2023 ● In February 2023, The condensed consolidated financial statements include the accounts of the Company and its subsidiaries that are consolidated in conformity with U.S. generally accepted accounting principles ("GAAP"). All intercompany amounts and transactions have been eliminated in consolidation. The condensed consolidated balance sheet as of March 31, 2024, three March 31, 2024 2023 three March 31, 2024 2023 three March 31, 2024 2023 not not The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Annual Report on Form 10 December 31, 2023 New Accounting Pronouncements Changes to GAAP are established by the Financial Accounting Standards Board ("FASB") in the form of accounting standard updates ("ASUs") to the FASB Accounting Standards Codification ("ASC"). In March 2024, No. 33 11275, 1 2 December 31, 2025. In December 2023, ASU 2023 09 December 15, 2024, December 15, 2025. may may not 2023 09 In November 2023, 2023 07 Segment Reporting - Improving Reportable Segment Disclosures (Topic 280 280 December 15, 2023, December 15, 2024, not 2023 07 There have been no first 2024

Note 2 - Acquisitions

Note 2 - Acquisitions	3 Months Ended
Note 2 - Acquisitions	Mar. 31, 2024
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2 . Acquisitions Fiscal 2023 On February 1, 2023, The Company recorded its preliminary purchase price allocation for REFUstor during the first 2023, first 2024 not March 31, 2024. not not

Note 3 - Redeemable Noncontroll

Note 3 - Redeemable Noncontrolling Interest	3 Months Ended
Note 3 - Redeemable Noncontrolling Interest	Mar. 31, 2024
Notes to Financial Statements
Redeemable Noncontrolling Interest [Text Block]	3. On March 1, 2016, May 2021, March 8, 2023, first 2023 twenty December 31, 2022, December 31, 2025. On February 1, 2019, five may five March 2022, May 2022, April 5, 2024, The redeemable noncontrolling interests are recorded at the greater of the initial fair value, increased or decreased for the noncontrolling interests’ share of comprehensive income (loss), or the estimated redemption value, with any adjustments to the redemption value impacting retained earnings, but not 13, Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 6,549 $ 110,471 Net income 58 1,448 Foreign currency translation (176 ) (367 ) Purchase of additional ownership interest - (116,754 ) Redemption value adjustment 2,686 9,016 Balance at end of period $ 9,117 $ 3,814

Note 4 - Derivative Instruments

Note 4 - Derivative Instruments and Hedging Activities	3 Months Ended
Note 4 - Derivative Instruments and Hedging Activities	Mar. 31, 2024
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	4 . Derivative Instruments and Hedging Activities The Company records all derivatives in accordance with ASC 815, Derivatives and Hedging, not The Company periodically utilizes commodity derivatives and foreign currency forward purchase and sales contracts in the normal course of business. Because these contracts do not not Additionally, during the fourth 2023, Interest Rate Swaps In 2017, four May 2023. March 2020, three March 31, 2024 In June 2022, 11, The amount of gains/(losses), net of tax recognized, for the three March 31, 2024 2023 Stock Warrants During the fourth 2023, The loss specifically ascribed to the warrant derivative instruments, for the three March 31, 2024, Fair Value The following table presents the fair value of all the Company’s derivatives: March 31, 2024 December 31, 2023 Foreign currency contracts $ (13) $ (147 ) Interest rate swaps 41,245 38,601 Stock warrants 10,014 14,862 In the condensed consolidated balance sheets, the fair value of the foreign currency contracts is included in prepaid expenses and other current assets as well as other accrued liabilities at both March 31, 2024, December 31, 2023. March 31, 2024, December 31, 2023. March 31, 2024 December 31, 2023

Note 5 - Fair Value Measurement

Note 5 - Fair Value Measurements	3 Months Ended
Note 5 - Fair Value Measurements	Mar. 31, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	5. Measurements ASC 820 10, Fair Value Measurement, 820 10 three 1 2 3 no The Company believes the carrying amount of its financial instruments (cash and cash equivalents, accounts receivable, accounts payable, accrued liabilities, short-term borrowings, and revolving facility borrowings), excluding Term Loan borrowings, approximates the fair value of these instruments based on their short-term nature. The fair value of the Term Loan B borrowing, which has a net carrying value of $525,361, was $528,675 (Level 2 March 31, 2024. 2 March 31, 2024. For the fair value of the derivatives measured on a recurring basis, refer to the fair value table in Note 4, 2. 820 10. 3. 2029. Equity Securities Equity securities consist of shares of Wallbox N.V. Class A common stock. The Company owned 9,836,066 Wallbox Shares as of March 31, 2024. 1 March 31, 2024, December 31, 2023, Contingent Consideration Certain of the Company's business combinations involve potential payment of future consideration that is contingent upon the achievement of certain milestones. As part of purchase accounting, a liability is recorded for the estimated fair value of the contingent consideration on the acquisition date. The fair value of the contingent consideration is remeasured at each reporting period, and the change in fair value is recognized within general and administrative expenses in the Company's consolidated statements of comprehensive income. The fair value measurement of contingent consideration is typically categorized as a Level 3 not The fair value of contingent consideration for Chilicon and Pramac as of March 31, 2024, December 31, 2023, December 31, 2028, December 31, 2025. The following table provides a reconciliation of the activity for contingent consideration: Beginning balance, January 1, 2024 $ 38,937 Changes in fair value - Present value interest accretion 145 Ending balance, March 31, 2024 $ 39,082

Note 6 - Accumulated Other Comp

Note 6 - Accumulated Other Comprehensive Loss	3 Months Ended
Note 6 - Accumulated Other Comprehensive Loss	Mar. 31, 2024
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	6. Loss The following table presents a disclosure of changes in AOCL during the three March 31, 2024 2023 Foreign Currency Translation Adjustments Unrealized Gain (Loss) on Cash Flow Hedges Total Beginning Balance – January 1, 2024 $ (43,582 ) $ 28,439 $ (15,143 ) Other comprehensive income (loss) (5,671 ) (1) 1,982 (2) (3,689 ) Ending Balance – March 31, 2024 $ (49,253 ) $ 30,421 $ (18,832 ) Foreign Currency Translation Adjustments Unrealized Gain (Loss) on Cash Flow Hedges Total Beginning Balance – January 1, 2023 $ (101,545 ) $ 36,443 $ (65,102 ) Other comprehensive income (loss) 27,247 (3) (4,488 ) (4) 22,759 Ending Balance – March 31, 2023 $ (74,298 ) $ 31,955 $ (42,343 ) ( 1 Represents unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the three March 31, 2024. ( 2 Represents unrealized gains of $2,644 on the interest rate swaps, net of tax effect of $(662), for the three March 31, 2024. ( 3 Represents favorable impact from the weakening of the U.S. dollar against foreign currencies during the three March 31, 2023, ( 4 Represents unrealized losses of $(5,988) on the interest rate swaps, net of tax effect of $1,500, for the three March 31, 2023.

Note 7 - Segment Reporting

Note 7 - Segment Reporting	3 Months Ended
Note 7 - Segment Reporting	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	7 . Segment Reporting The Company has two not two The Company's product offerings consist primarily of power generation equipment, energy storage systems, energy management devices & solutions, and other power products geared for varying end customer uses. While Residential products and Commercial & Industrial ("C&I") products include similar products, they differ based on power output and end customer. The composition of net sales between residential, C&I, and other products & services by reportable segment is as follows: Net Sales by Reportable Segment Three Months Ended March 31, 2024 Product Classes Domestic International Total Residential products $ 412,153 $ 16,797 $ 428,950 Commercial & industrial products 206,493 147,477 353,970 Other 93,691 12,662 106,353 Total net sales $ 712,337 $ 176,936 $ 889,273 Net Sales by Reportable Segment Three Months Ended March 31, 2023 Product Classes Domestic International Total Residential products $ 381,151 $ 37,712 $ 418,863 Commercial & industrial products 228,123 134,867 362,990 Other 95,112 10,945 106,057 Total net sales $ 704,386 $ 183,524 $ 887,910 Residential products consist primarily of automatic home standby generators ranging in output from 7.5kW 150kW, C&I products consist of larger output stationary generators used in C&I applications, with power outputs up to 3,250kW. Other consists primarily of aftermarket service parts and product accessories sold to our customers, the amortization of extended warranty deferred revenue, remote monitoring and grid services subscription revenue, as well as certain installation and maintenance service revenue. The aftermarket service parts and product accessories are generally transferred to the customer at a point in time, while the extended warranty and subscription revenue are recognized over the life of the contract. Other service revenue is recognized when the service is performed, sometimes based on achievement of milestones. The following table sets forth total sales by reportable segment and is inclusive of intersegment sales: Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Domestic International Eliminations Total Domestic International Eliminations Total External net sales $ 712,337 $ 176,936 $ - $ 889,273 $ 704,386 $ 183,524 $ - $ 887,910 Intersegment sales 8,136 9,772 (17,908 ) - 15,607 32,942 (48,549 ) - Total sales $ 720,473 $ 186,708 $ (17,908 ) $ 889,273 $ 719,993 $ 216,466 $ (48,549 ) $ 887,910 Management evaluates the performance of its segments based primarily on Adjusted EBITDA, which is reconciled to Income before provision for income taxes below. The computation of Adjusted EBITDA is based primarily on the definition that is contained in the Company’s credit agreements. Adjusted EBITDA by Reportable Segment Three Months Ended March 31, 2024 2023 Domestic $ 99,175 $ 67,662 International 28,058 32,413 Total Adjusted EBITDA $ 127,233 $ 100,075 Interest expense (23,605 ) (22,995 ) Depreciation and amortization (41,902 ) (39,951 ) Non-cash write-down and other adjustments (1) (510 ) 3,160 Non-cash share-based compensation expense (2) (12,440 ) (10,334 ) Transaction costs and credit facility fees (3) (1,425 ) (1,091 ) Business optimization and other charges (4) (486 ) (1,100 ) Provision for regulatory, legal, and clean energy product charges (5) (2,535 ) (5,800 ) Change in fair value of investment (6) (6,019 ) - Other 200 46 Income before provision for income taxes $ 38,511 $ 22,010 ( 1 Includes gains/losses on dispositions of assets other than in the ordinary course of business, gains/losses on sales of certain investments, unrealized mark-to-market adjustments on commodity contracts, certain foreign currency related adjustments, and certain purchase accounting and contingent consideration adjustments. ( 2 Represents share-based compensation expense to account for stock options, restricted stock and other stock awards over their respective vesting periods. ( 3 Represents transaction costs incurred directly in connection with any investment, as defined in our credit agreement, equity issuance or debt issuance or refinancing, together with certain fees relating to our senior secured credit facilities, such as administrative agent fees and credit facility commitment fees under our Amended Credit Agreement, which we believe to be akin to, or associated with, interest expense and whose inclusion in Adjusted EBITDA is therefore similar to the inclusion of interest expense in that calculation. ( 4 Represents severance and other restructuring charges related to the consolidation of certain operating facilities and organizational functions. ( 5 Represents the following significant and unusual charges not 2024. 2022 2024. • A provision for a matter with the Consumer Product Safety Commission ("CPSC") concerning the imposition of civil fines for allegedly failing to timely submit a report under the Consumer Product Safety Act ("CPSA") in relation to certain portable generators that were subject to a voluntary recall previously announced on July 29, 2021 - first 2023. ( 6 Represents non-cash gains and losses from changes in the fair value of the Company's investment in warrants and equity securities of Wallbox N.V. The Company’s sales in the U.S. represented approximately 76% and 75% of total sales for the three March 31, 2024 2023, March 31, 2024 December 31, 2023.

Note 8 - Balance Sheet Details

Note 8 - Balance Sheet Details	3 Months Ended
Note 8 - Balance Sheet Details	Mar. 31, 2024
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	8 . Balance Sheet Details Inventories consist of the following: March 31, December 31, 2024 2023 Raw material $ 683,145 $ 677,428 Work-in-process 7,609 10,877 Finished goods 491,596 479,179 Total $ 1,182,350 $ 1,167,484 Property and equipment consists of the following: March 31, December 31, 2024 2023 Land and improvements $ 24,549 $ 22,556 Buildings and improvements 316,350 298,483 Machinery and equipment 271,215 271,879 Dies and tools 45,722 45,998 Vehicles 11,960 11,411 Office & information technology equipment and internal use software 185,323 185,601 Leasehold improvements 8,957 8,772 Construction in progress 85,831 98,083 Gross property and equipment 949,907 942,783 Accumulated depreciation (344,441 ) (344,206 ) Total $ 605,466 $ 598,577 Total property and equipment includes finance leases of $68,535 and $68,079 on March 31, 2024 December 31, 2023

Note 9 - Product Warranty Oblig

Note 9 - Product Warranty Obligations	3 Months Ended
Note 9 - Product Warranty Obligations	Mar. 31, 2024
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	9. Obligations The Company records a liability for standard product warranty obligations accounted for as assurance warranties at the time of sale of the related product to a customer based on historical warranty experience. The Company also records a liability for specific warranty matters when they become known and are reasonably estimable. The following is a tabular reconciliation of the Company’s standard product warranty liability accounted for as an assurance warranty: Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 116,408 $ 138,011 Payments (21,347 ) (26,152 ) Provision for warranty issued 15,304 15,865 Changes in estimates for pre-existing warranties 761 875 Balance at end of period $ 111,126 $ 128,599 The Company also sells extended warranty coverage for certain products, which it accounts for as a service warranty. The sales of extended warranties are recorded as deferred revenue, and typically have a duration of five ten Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 155,870 $ 132,813 Deferred revenue contracts issued 14,784 9,726 Amortization of deferred revenue contracts (6,861 ) (5,854 ) Balance at end of period $ 163,793 $ 136,685 The timing of recognition of the Company’s deferred revenue balance related to extended warranties as of March 31, 2024 Remainder of 2024 $ 22,014 2025 31,430 2026 29,697 2027 24,251 2028 18,247 After 2028 38,154 Total $ 163,793 Standard product warranty obligations and extended warranty related deferred revenues are included in the condensed consolidated balance sheets as follows: March 31, December 31, 2024 2023 Product warranty liability Current portion - accrued product warranty $ 61,801 $ 65,298 Long-term portion - other long-term liabilities 49,325 51,110 Total $ 111,126 $ 116,408 Deferred revenue related to extended warranties Current portion - other accrued liabilities $ 29,750 $ 28,203 Long-term portion - deferred revenue 134,043 127,667 Total $ 163,793 $ 155,870

Note 10 - Contract Balances

Note 10 - Contract Balances	3 Months Ended
Note 10 - Contract Balances	Mar. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	10. While the Company’s standard payment terms for its customers are less than one March 31, 2024 December 31, 2023 three March 31, 2024, December 31, 2023 one

Note 11 - Credit Agreements

Note 11 - Credit Agreements	3 Months Ended
Note 11 - Credit Agreements	Mar. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	11 . Credit Agreements Short-term borrowings included in the condensed consolidated balance sheets as of March 31, 2024, December 31, 2023, Long-term borrowings are included in the condensed consolidated balance sheets as follows: March 31, December 31, 2024 2023 Tranche A Term Loan $ 740,625 $ 745,313 Tranche B Term Loan 530,000 530,000 Original issue discount and deferred financing costs (11,710 ) (12,685 ) Revolver 150,000 150,000 Finance lease obligation 72,543 71,308 Other 1,716 9,512 Total 1,483,174 1,493,448 Less: current portion of debt 39,030 42,110 Less: current portion of finance lease obligation 4,408 3,785 Total $ 1,439,736 $ 1,447,553 Maturities of the Company's Tranche A Term Loan Facility, Tranche B Term Loan Facility, and Revolving Facility outstanding on March 31, 2024, Tranche A Term Loan Tranche B Term Loan Revolving Facility Total 2024 $ 28,125 $ - $ - $ 28,125 2025 46,875 - - 46,875 2026 65,625 530,000 - 595,625 2027 600,000 - 150,000 750,000 Total $ 740,625 $ 530,000 $ 150,000 $ 1,420,625 The Tranche B Term Loan Facility matures on December 13, 2026 June 29, 2027 September 2023. The Company’s credit agreements originally provided for a $1,200,000 Tranche B Term Loan Facility and included a $300,000 uncommitted incremental term loan on that facility. The Tranche B Term Loan Facility initially bore interest at rates based on either a base rate plus an applicable margin of 1.75% or adjusted LIBOR rate plus an applicable margin of 2.75%, subject to a LIBOR floor of 0.75%. After a number of amendments, the Tranche B Term Loan Facility currently bears interest at rates based on either a base rate plus an applicable margin of 0.75% or adjusted SOFR rate plus an applicable margin of 1.75%, subject to a SOFR floor of 0.00%. The interest rate for the Tranche B Term Loan Facility as of March 31, 2024, The Tranche B Term Loan Facility does not 1.00. March 31, 2024, 1.00, no In June 2022, second 2022 The Tranche A Term Loan Facility and the Revolving Facility initially bore interest at a rate based on adjusted SOFR plus an applicable margin of 1.5% through December 31, 2022, January 1, 2023, 0.0%. March 31, 2024, The Tranche A Term Loan Facility and the Revolving Facility contain certain financial covenants that require the Company to maintain a total leverage ratio below 3.75 to 1.00 1.00. March 31, 2024, 1.00, 1.00. March 31, 2024. The Tranche B Term Loan Facility, Tranche A Term Loan Facility and Revolving Facility are guaranteed by substantially all of the Company’s wholly-owned domestic restricted subsidiaries and are secured by associated collateral agreements which pledge a first In connection with the June 2022 470 50, not, As of March 31, 2024, See Note 4, 7A 10

Note 12 - Stock Repurchase Prog

Note 12 - Stock Repurchase Program	3 Months Ended
Note 12 - Stock Repurchase Program	Mar. 31, 2024
Notes to Financial Statements
Treasury Stock [Text Block]	12 . Stock Repurchase Program In September 2020, third 2022. July 2022, August 5, 2022, February 12, 2024, 24 may may may may There were no share repurchases during the three March 31, 2024 2023. August 2015),

Note 13 - Earnings Per Share

Note 13 - Earnings Per Share	3 Months Ended
Note 13 - Earnings Per Share	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	13. Share Basic earnings per share is calculated by dividing net income attributable to the common shareholders of the Company by the weighted average number of common shares outstanding during the period, exclusive of restricted shares. Except where the result would be anti-dilutive, diluted earnings per share is calculated by assuming the vesting of unvested restricted stock and the exercise of stock options, as well as the satisfaction of certain contingent acquisition consideration conditions as of the end of the period. Refer to Note 3, The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share: Three Months Ended March 31, 2024 2023 Numerator Net income attributable to Generac Holdings Inc. $ 26,232 $ 12,430 Redeemable noncontrolling interest redemption value adjustment (2,686 ) (9,016 ) Net income attributable to common shareholders $ 23,546 $ 3,414 Denominator Weighted average shares, basic 59,849,362 61,556,044 Dilutive effect of stock compensation awards (1) 636,763 738,403 Diluted shares 60,486,125 62,294,447 Net income attributable to common shareholders per share Basic $ 0.39 $ 0.06 Diluted $ 0.39 $ 0.05 ( 1 three March 31, 2024 2023,

Note 14 - Income Taxes

Note 14 - Income Taxes	3 Months Ended
Note 14 - Income Taxes	Mar. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	14 . Income Taxes The effective income tax rates for the three March 31, 2024 2023 35.7%,

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	3 Months Ended
Note 15 - Commitments and Contingencies	Mar. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	15 . Commitments and Contingencies The Company has an arrangement with a finance company to provide floor plan financing for certain dealers. The Company receives payment from the finance company after shipment of product to the dealer. The Company participates in the cost of dealer financing up to certain limits and has agreed to repurchase products repossessed by the finance company but does not March 31, 2024, December 31, 2023, On August 1, 2022, $25,000 liability 7 one not may On October 28, 2022, In re: Generac Solar Power Systems Marketing, Sales Practices and Products Liability Litigation No. 23 3078. On December 1, 2022, Oakland County October 9, 2023. On February 3, 2023, 14 10 20 1934, Oakland County On October 28, 2022, Generac approximately 1.85 in 2019 and 2020 and in 2020. The On November 30, 2022, the 29, 2021. On May 3, 2023, not $15,800. On July 21, 2023, October 23, 2023, September 14, 2023. On March 8, 2022, No. 22 00072 four October 5, 2023, one one first 2024, On June 9, 2023, third On November 21, 2023, May 3, 2023, August 3, 2023, Walling On February 14, 2024, Walling It is presently unlikely that any legal, regulatory or other proceedings pending against or involving the Company will have a material adverse effect on the Company’s financial condition, results of operations or cash flows. However, in many of these matters, it is inherently difficult to determine whether a loss is probable or to estimate the size or range of the possible loss given the variety and potential outcomes of actual and potential claims, the uncertainty of future rulings, the behavior or incentives of adverse parties, and other factors outside the control of the Company. Accordingly, the Company’s loss reserves may

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	5. Other Information During the three March 31, 2024, no 10b5 1 10b5 1 408
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 3 - Redeemable Noncontro_2

Note 3 - Redeemable Noncontrolling Interest (Tables)	3 Months Ended
Note 3 - Redeemable Noncontrolling Interest (Tables)	Mar. 31, 2024
Notes Tables
Redeemable Noncontrolling Interest [Table Text Block]	Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 6,549 $ 110,471 Net income 58 1,448 Foreign currency translation (176 ) (367 ) Purchase of additional ownership interest - (116,754 ) Redemption value adjustment 2,686 9,016 Balance at end of period $ 9,117 $ 3,814

Note 4 - Derivative Instrumen_2

Note 4 - Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule Of Derivative Assets (Liabilities) at Fair Value [Table Text Block]	March 31, 2024 December 31, 2023 Foreign currency contracts $ (13) $ (147 ) Interest rate swaps 41,245 38,601 Stock warrants 10,014 14,862

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurements (Tables)	3 Months Ended
Note 5 - Fair Value Measurements (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]	Beginning balance, January 1, 2024 $ 38,937 Changes in fair value - Present value interest accretion 145 Ending balance, March 31, 2024 $ 39,082

Note 6 - Accumulated Other Co_2

Note 6 - Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
Note 6 - Accumulated Other Comprehensive Loss (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustments Unrealized Gain (Loss) on Cash Flow Hedges Total Beginning Balance – January 1, 2024 $ (43,582 ) $ 28,439 $ (15,143 ) Other comprehensive income (loss) (5,671 ) (1) 1,982 (2) (3,689 ) Ending Balance – March 31, 2024 $ (49,253 ) $ 30,421 $ (18,832 ) Foreign Currency Translation Adjustments Unrealized Gain (Loss) on Cash Flow Hedges Total Beginning Balance – January 1, 2023 $ (101,545 ) $ 36,443 $ (65,102 ) Other comprehensive income (loss) 27,247 (3) (4,488 ) (4) 22,759 Ending Balance – March 31, 2023 $ (74,298 ) $ 31,955 $ (42,343 )

Note 7 - Segment Reporting (Tab

Note 7 - Segment Reporting (Tables)	3 Months Ended
Note 7 - Segment Reporting (Tables)	Mar. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Net Sales by Reportable Segment Three Months Ended March 31, 2024 Product Classes Domestic International Total Residential products $ 412,153 $ 16,797 $ 428,950 Commercial & industrial products 206,493 147,477 353,970 Other 93,691 12,662 106,353 Total net sales $ 712,337 $ 176,936 $ 889,273 Net Sales by Reportable Segment Three Months Ended March 31, 2023 Product Classes Domestic International Total Residential products $ 381,151 $ 37,712 $ 418,863 Commercial & industrial products 228,123 134,867 362,990 Other 95,112 10,945 106,057 Total net sales $ 704,386 $ 183,524 $ 887,910
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Domestic International Eliminations Total Domestic International Eliminations Total External net sales $ 712,337 $ 176,936 $ - $ 889,273 $ 704,386 $ 183,524 $ - $ 887,910 Intersegment sales 8,136 9,772 (17,908 ) - 15,607 32,942 (48,549 ) - Total sales $ 720,473 $ 186,708 $ (17,908 ) $ 889,273 $ 719,993 $ 216,466 $ (48,549 ) $ 887,910
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Adjusted EBITDA by Reportable Segment Three Months Ended March 31, 2024 2023 Domestic $ 99,175 $ 67,662 International 28,058 32,413 Total Adjusted EBITDA $ 127,233 $ 100,075 Interest expense (23,605 ) (22,995 ) Depreciation and amortization (41,902 ) (39,951 ) Non-cash write-down and other adjustments (1) (510 ) 3,160 Non-cash share-based compensation expense (2) (12,440 ) (10,334 ) Transaction costs and credit facility fees (3) (1,425 ) (1,091 ) Business optimization and other charges (4) (486 ) (1,100 ) Provision for regulatory, legal, and clean energy product charges (5) (2,535 ) (5,800 ) Change in fair value of investment (6) (6,019 ) - Other 200 46 Income before provision for income taxes $ 38,511 $ 22,010

Note 8 - Balance Sheet Details

Note 8 - Balance Sheet Details (Tables)	3 Months Ended
Note 8 - Balance Sheet Details (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, December 31, 2024 2023 Raw material $ 683,145 $ 677,428 Work-in-process 7,609 10,877 Finished goods 491,596 479,179 Total $ 1,182,350 $ 1,167,484
Property, Plant and Equipment [Table Text Block]	March 31, December 31, 2024 2023 Land and improvements $ 24,549 $ 22,556 Buildings and improvements 316,350 298,483 Machinery and equipment 271,215 271,879 Dies and tools 45,722 45,998 Vehicles 11,960 11,411 Office & information technology equipment and internal use software 185,323 185,601 Leasehold improvements 8,957 8,772 Construction in progress 85,831 98,083 Gross property and equipment 949,907 942,783 Accumulated depreciation (344,441 ) (344,206 ) Total $ 605,466 $ 598,577

Note 9 - Product Warranty Obl_2

Note 9 - Product Warranty Obligations (Tables)	3 Months Ended
Note 9 - Product Warranty Obligations (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 116,408 $ 138,011 Payments (21,347 ) (26,152 ) Provision for warranty issued 15,304 15,865 Changes in estimates for pre-existing warranties 761 875 Balance at end of period $ 111,126 $ 128,599 Three Months Ended March 31, 2024 2023 Balance at beginning of period $ 155,870 $ 132,813 Deferred revenue contracts issued 14,784 9,726 Amortization of deferred revenue contracts (6,861 ) (5,854 ) Balance at end of period $ 163,793 $ 136,685
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	Remainder of 2024 $ 22,014 2025 31,430 2026 29,697 2027 24,251 2028 18,247 After 2028 38,154 Total $ 163,793
Product Warranty Obligations Included In Consolidated Balance Sheet [Table Text Block]	March 31, December 31, 2024 2023 Product warranty liability Current portion - accrued product warranty $ 61,801 $ 65,298 Long-term portion - other long-term liabilities 49,325 51,110 Total $ 111,126 $ 116,408 Deferred revenue related to extended warranties Current portion - other accrued liabilities $ 29,750 $ 28,203 Long-term portion - deferred revenue 134,043 127,667 Total $ 163,793 $ 155,870

Note 11 - Credit Agreements (Ta

Note 11 - Credit Agreements (Tables)	3 Months Ended
Note 11 - Credit Agreements (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	March 31, December 31, 2024 2023 Tranche A Term Loan $ 740,625 $ 745,313 Tranche B Term Loan 530,000 530,000 Original issue discount and deferred financing costs (11,710 ) (12,685 ) Revolver 150,000 150,000 Finance lease obligation 72,543 71,308 Other 1,716 9,512 Total 1,483,174 1,493,448 Less: current portion of debt 39,030 42,110 Less: current portion of finance lease obligation 4,408 3,785 Total $ 1,439,736 $ 1,447,553
Schedule of Maturities of Long-Term Debt [Table Text Block]	Tranche A Term Loan Tranche B Term Loan Revolving Facility Total 2024 $ 28,125 $ - $ - $ 28,125 2025 46,875 - - 46,875 2026 65,625 530,000 - 595,625 2027 600,000 - 150,000 750,000 Total $ 740,625 $ 530,000 $ 150,000 $ 1,420,625

Note 13 - Earnings Per Share (T

Note 13 - Earnings Per Share (Tables)	3 Months Ended
Note 13 - Earnings Per Share (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2024 2023 Numerator Net income attributable to Generac Holdings Inc. $ 26,232 $ 12,430 Redeemable noncontrolling interest redemption value adjustment (2,686 ) (9,016 ) Net income attributable to common shareholders $ 23,546 $ 3,414 Denominator Weighted average shares, basic 59,849,362 61,556,044 Dilutive effect of stock compensation awards (1) 636,763 738,403 Diluted shares 60,486,125 62,294,447 Net income attributable to common shareholders per share Basic $ 0.39 $ 0.06 Diluted $ 0.39 $ 0.05

Note 3 - Redeemable Noncontro_3

Note 3 - Redeemable Noncontrolling Interest (Details Textual) - USD ($) shares in Thousands, $ in Thousands				1 Months Ended			3 Months Ended
	Apr. 05, 2024	Mar. 08, 2023	Feb. 01, 2019	May 31, 2022	Mar. 31, 2022	May 31, 2021	Mar. 31, 2024	Mar. 31, 2023	Mar. 01, 2016
Payments for Repurchase of Redeemable Noncontrolling Interest							$ 9,117	$ 104,844
Pramac [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners						20%			35%
Captiva Energy Solutions [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			49%
Pramac [Member]
Business Acquisition, Percentage of Voting Interests Acquired						15%			65%
Redeemable Noncontrolling Interest, Equity, Fair Value, Total									$ 34,253
Payments for Repurchase of Redeemable Noncontrolling Interest		$ 116,754				$ 27,164
Business Combination, Step Acquisition, Equity Interest in Acquiree, including Subsequent Acquisition, Percentage, Total		100%				80%
Business Combination, Consideration Transferred		$ 105,264
Payments to Acquire Businesses, Gross		104,844
Gain (Loss), Foreign Currency Transaction, before Tax		420
Business Combination, Consideration Transferred, Liabilities Incurred		$ 11,490
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)		135,205
Captiva Energy Solutions [Member]
Business Acquisition, Percentage of Voting Interests Acquired			51%		15%
Redeemable Noncontrolling Interest, Equity, Fair Value, Total			$ 3,165
Payments for Repurchase of Redeemable Noncontrolling Interest				$ 375	$ 461
Business Combination, Step Acquisition, Equity Interest in Acquiree, including Subsequent Acquisition, Percentage, Total				66%
Business Acquisition, Noncontrolling Interest, Term of Put Option (Year)			5 years
Captiva Energy Solutions [Member] \| Subsequent Event [Member]
Business Acquisition, Percentage of Voting Interests Acquired	34%
Payments for Repurchase of Redeemable Noncontrolling Interest	$ 9,117

Note 3 - Redeemable Noncontro_4

Note 3 - Redeemable Noncontrolling Interest - Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Redemption value adjustment	$ (2,686)	$ (9,016)
Redeemable Noncontrolling Interest [Member]
Balance	6,549	110,471
Net income	58	1,448
Foreign currency translation	(176)	(367)
Purchase of additional ownership interest	0	(116,754)
Redemption value adjustment	2,686	9,016
Balance	$ 9,117	$ 3,814

Note 4 - Derivative Instrumen_3

Note 4 - Derivative Instruments and Hedging Activities (Details Textual) $ in Thousands	1 Months Ended	3 Months Ended			12 Months Ended
	Mar. 31, 2020	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2017
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax		$ 1,982		$ (4,488)
Gain (Loss) on Investments		(6,019)		0
Derivative Assets (Liabilities), Net Fair Value of Derivative Contracts, Excluding Impact of Credit Risk		$ 52,576	$ 55,042
Wallbox N.V. [Member]
Payments to Acquire Investments			$ 30,000
Investment Owned, Net Assets, Percentage			5%
Gain (Loss) on Investments			$ (6,019)
Wallbox N.V. [Member] \| Option to Purchase Additional Interest [Member]
Investment Owned, Net Assets, Percentage			5%
Commodity Contract [Member]
Derivative, Number of Instruments Held, Total		0
Interest Rate Swap [Member]
Number of New Contracts Entered	3				20
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax		$ 1,982		$ (4,488)
Stock Warrants [Member] \| Wallbox N.V. [Member]
Unrealized Gain (Loss) on Derivatives		$ (4,849)

Note 4 - Derivative Instrumen_4

Note 4 - Derivative Instruments and Hedging Activities - Fair Value of Derivatives (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Foreign Exchange Contract [Member]
Fair Value of Derivatives	$ (13)	$ (147)
Interest Rate Swap [Member]
Fair Value of Derivatives	41,245	38,601
Stock Warrants [Member]
Fair Value of Derivatives	$ 10,014	$ 14,862

Note 5 - Fair Value Measureme_3

Note 5 - Fair Value Measurements (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Other Long-term Liabilities [Member]
Business Combination, Contingent Consideration, Liability	$ 39,082		$ 38,937
Fair Value, Inputs, Level 3 [Member] \| Stock Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 6
Fair Value, Inputs, Level 1 [Member] \| Equity Securities [Member]
Investment Owned, Balance, Shares (in shares)	9,836,066
Fair Value, Inputs, Level 1 [Member] \| Equity Securities [Member] \| Operating Lease and Other Assets [Member]
Long-Term Investments	$ 13,967	$ 17,213
Tranche B Term Loan Facility [Member]
Long-Term Debt	525,361
Tranche B Term Loan Facility [Member] \| Fair Value, Inputs, Level 2 [Member]
Debt Instrument, Fair Value Disclosure	528,675
Tranche A Term Loan Facility [Member]
Long-Term Debt	738,246
Tranche A Term Loan Facility [Member] \| Fair Value, Inputs, Level 2 [Member]
Debt Instrument, Fair Value Disclosure	$ 736,922

Note 5 - Fair Value Measureme_4

Note 5 - Fair Value Measurements - Reconciliation of Contingent Consideration (Details) - Contingent Consideration Liability [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Balance	$ 38,937
Changes in fair value	0
Present value interest accretion	145
Balance	$ 39,082

Note 6 - Accumulated Other Co_3

Note 6 - Accumulated Other Comprehensive Loss (Details Textual) - Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Other Comprehensive Income (Loss), before Reclassifications, before Tax	$ 2,644	$ (5,988)
Other Comprehensive Income (Loss) before Reclassifications, Tax	$ (662)	$ 1,500

Note 6 - Accumulated Other Co_4

Note 6 - Accumulated Other Comprehensive Loss - Disclosure of Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Balance		$ 2,343,070	$ 2,259,255
Balance		2,370,312	2,341,379
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance		(43,582)	(101,545)
Other comprehensive income (loss)	[1]	(5,671)
Balance		(49,253)	(74,298)
Other comprehensive income (loss)	[2]		27,247
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance		28,439	36,443
Other comprehensive income (loss)	[3]	1,982
Balance		30,421	31,955
Other comprehensive income (loss)	[4]		(4,488)
AOCI Attributable to Parent [Member]
Balance		(15,143)	(65,102)
Other comprehensive income (loss)		(3,689)
Balance		$ (18,832)	(42,343)
Other comprehensive income (loss)			$ 22,759

[1]Represents unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the three months ended March 31, 2024.[2]Represents favorable impact from the weakening of the U.S. dollar against foreign currencies during the three months ended March 31, 2023, particularly the Euro and British Pound.[3]Represents unrealized gains of $2,644 on the interest rate swaps, net of tax effect of $(662) for the three months ended March 31, 2024.[4]Represents unrealized losses of $(5,988) on the interest rate swaps, net of tax effect of $1,500 for the three months ended March 31, 2023.

Note 7 - Segment Reporting (Det

Note 7 - Segment Reporting (Details Textual) $ in Thousands		3 Months Ended		12 Months Ended
Note 7 - Segment Reporting (Details Textual) $ in Thousands		Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023
Number of Reportable Segments		2
Provision for Product Charges	[1]	$ (2,535)	$ (5,800)
Geographic Concentration Risk [Member] \| Revenue Benchmark [Member] \| UNITED STATES
Concentration Risk, Percentage		76%	75%
Geographic Concentration Risk [Member] \| Long-lived Assets [Member] \| UNITED STATES
Concentration Risk, Percentage		74%		74%
Patents and Securites [Member]
Provision for Product Charges		$ 2,170
Clean Energy Product [Member]
Provision for Product Charges		365
Product [Member]
Provision for Product Charges		$ 5,800

[1]Represents the following significant and unusual charges not indicative of our ongoing operations: • A provision for judgments and legal expenses related to certain patent lawsuits - $2,170 in 2024. • Additional customer support costs related to a clean energy product customer that filed for bankruptcy in 2022 – $365 in 2024. • A provision for a matter with the Consumer Product Safety Commission ("CPSC") concerning the imposition of civil fines for allegedly failing to timely submit a report under the Consumer Product Safety Act ("CPSA") in relation to certain portable generators that were subject to a voluntary recall previously announced on July 29, 2021 - $5,800 in the first quarter 2023.

Note 7 - Segment Reporting - Ne

Note 7 - Segment Reporting - Net Sales by Products and Services (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 889,273	$ 887,910
Residential Power Products [Member]
Net sales	428,950	418,863
Commercial and Industrial Power Products [Member]
Net sales	353,970	362,990
Other Products and Services [Member]
Net sales	106,353	106,057
Domestic [Member]
Net sales	712,337	704,386
Domestic [Member] \| Residential Power Products [Member]
Net sales	412,153	381,151
Domestic [Member] \| Commercial and Industrial Power Products [Member]
Net sales	206,493	228,123
Domestic [Member] \| Other Products and Services [Member]
Net sales	93,691	95,112
International [Member]
Net sales	176,936	183,524
International [Member] \| Residential Power Products [Member]
Net sales	16,797	37,712
International [Member] \| Commercial and Industrial Power Products [Member]
Net sales	147,477	134,867
International [Member] \| Other Products and Services [Member]
Net sales	$ 12,662	$ 10,945

Note 7 - Segment Reporting - To

Note 7 - Segment Reporting - Total Sales by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total sales	$ 889,273	$ 887,910
External Net Sales [Member]
Total sales	889,273	887,910
Intersegment Sales [Member]
Total sales	0	0
Intersegment Eliminations [Member]
Total sales	(17,908)	(48,549)
Intersegment Eliminations [Member] \| External Net Sales [Member]
Total sales	0	0
Intersegment Eliminations [Member] \| Intersegment Sales [Member]
Total sales	(17,908)	(48,549)
Domestic [Member]
Total sales	712,337	704,386
Domestic [Member] \| Operating Segments [Member]
Total sales	720,473	719,993
Domestic [Member] \| Operating Segments [Member] \| External Net Sales [Member]
Total sales	712,337	704,386
Domestic [Member] \| Operating Segments [Member] \| Intersegment Sales [Member]
Total sales	8,136	15,607
International [Member]
Total sales	176,936	183,524
International [Member] \| Operating Segments [Member]
Total sales	186,708	216,466
International [Member] \| Operating Segments [Member] \| External Net Sales [Member]
Total sales	176,936	183,524
International [Member] \| Operating Segments [Member] \| Intersegment Sales [Member]
Total sales	$ 9,772	$ 32,942

Note 7 - Segment Reporting - Se

Note 7 - Segment Reporting - Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Total adjusted EBITDA		$ 127,233	$ 100,075
Interest expense		(23,605)	(22,995)
Depreciation and amortization		(41,902)	(39,951)
Non-cash write-down and other adjustments	[1]	(510)	3,160
Non-cash share-based compensation expense	[2]	(12,440)	(10,334)
Transaction costs and credit facility fees	[3]	(1,425)	(1,091)
Business optimization and other charges	[4]	(486)	(1,100)
Provision for regulatory, legal, and clean energy product charges (5)	[5]	(2,535)	(5,800)
Change in fair value of investment (6)	[6]	(6,019)	0
Other		200	46
Income before provision for income taxes		38,511	22,010
Domestic [Member]
Total adjusted EBITDA		99,175	67,662
International [Member]
Total adjusted EBITDA		$ 28,058	$ 32,413

[1]Includes gains/losses on dispositions of assets other than in the ordinary course of business, gains/losses on sales of certain investments, unrealized mark-to-market adjustments on commodity contracts, certain foreign currency related adjustments, and certain purchase accounting and contingent consideration adjustments.[2]Represents share-based compensation expense to account for stock options, restricted stock and other stock awards over their respective vesting periods.[3]Represents transaction costs incurred directly in connection with any investment, as defined in our credit agreement, equity issuance or debt issuance or refinancing, together with certain fees relating to our senior secured credit facilities, such as administrative agent fees and credit facility commitment fees under our Amended Credit Agreement, which we believe to be akin to, or associated with, interest expense and whose inclusion in Adjusted EBITDA is therefore similar to the inclusion of interest expense in that calculation.[4]Represents severance and other restructuring charges related to the consolidation of certain operating facilities and organizational functions.[5]Represents the following significant and unusual charges not indicative of our ongoing operations: • A provision for judgments and legal expenses related to certain patent lawsuits - $2,170 in 2024. • Additional customer support costs related to a clean energy product customer that filed for bankruptcy in 2022 – $365 in 2024. • A provision for a matter with the Consumer Product Safety Commission ("CPSC") concerning the imposition of civil fines for allegedly failing to timely submit a report under the Consumer Product Safety Act ("CPSA") in relation to certain portable generators that were subject to a voluntary recall previously announced on July 29, 2021 - $5,800 in the first quarter 2023.[6]Represents non-cash gains and losses from changes in the fair value of the Company's investment in warrants and equity securities in Wallbox N.V.

Note 8 - Balance Sheet Detail_2

Note 8 - Balance Sheet Details (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$ 68,535	$ 68,079

Note 8 - Balance Sheet Detail_3

Note 8 - Balance Sheet Details - Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Raw material	$ 683,145	$ 677,428
Work-in-process	7,609	10,877
Finished goods	491,596	479,179
Total	$ 1,182,350	$ 1,167,484

Note 8 - Balance Sheet Detail_4

Note 8 - Balance Sheet Details - Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Property and equipment, gross	$ 949,907	$ 942,783
Accumulated depreciation	(344,441)	(344,206)
Total	605,466	598,577
Land and Land Improvements [Member]
Property and equipment, gross	24,549	22,556
Building and Building Improvements [Member]
Property and equipment, gross	316,350	298,483
Machinery and Equipment [Member]
Property and equipment, gross	271,215	271,879
Dies and Tools [Member]
Property and equipment, gross	45,722	45,998
Vehicles [Member]
Property and equipment, gross	11,960	11,411
Office Equipment [Member]
Property and equipment, gross	185,323	185,601
Leasehold Improvements [Member]
Property and equipment, gross	8,957	8,772
Construction in Progress [Member]
Property and equipment, gross	$ 85,831	$ 98,083

Note 9 - Product Warranty Obl_3

Note 9 - Product Warranty Obligations (Details Textual)	3 Months Ended
Note 9 - Product Warranty Obligations (Details Textual)	Mar. 31, 2024
Minimum [Member]
Extended Warranty Term (Year)	5 years
Maximum [Member]
Extended Warranty Term (Year)	10 years

Note 9 - Product Warranty Obl_4

Note 9 - Product Warranty Obligations - Reconciliation of Product Warranty Liability (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Balance at beginning of period		$ 116,408	$ 138,011
Payments		(21,347)	(26,152)
Provision for warranty issued		15,304	15,865
Changes in estimates for pre-existing warranties	[1]	761	875
Balance at end of period		111,126	128,599
Balance at beginning of period		155,870	132,813
Deferred revenue contracts issued		14,784	9,726
Amortization of deferred revenue contracts		(6,861)	(5,854)
Balance at end of period		$ 163,793	$ 136,685

[1]Includes a specific warranty provision recorded during the third quarter of 2022 in the amount of $37,338 to address certain clean energy product related matters.

Note 9 - Product Warranty Obl_5

Note 9 - Product Warranty Obligations - Recognition of Deferred Revenue Related to Extended Warranties (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Revenue performance obligation	$ 163,793

Note 9 - Product Warranty Obl_6

Note 9 - Product Warranty Obligations - Recognition of Deferred Revenue Related to Extended Warranties 2 (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Revenue performance obligation	$ 163,793
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-04-01
Revenue performance obligation	22,014
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue performance obligation	31,430
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue performance obligation	29,697
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue performance obligation	24,251
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue performance obligation	18,247
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Revenue performance obligation	$ 38,154

Note 9 - Product Warranty Obl_7

Note 9 - Product Warranty Obligations - Recognition of Deferred Revenue Related to Extended Warranties (Details) (Parentheticals)	Mar. 31, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-04-01
Revenue performance period (Year)	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue performance period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue performance period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue performance period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue performance period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Revenue performance period (Year)	1 year

Note 9 - Product Warranty Obl_8

Note 9 - Product Warranty Obligations - Deferred Product Obligations (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Current portion - accrued product warranty	$ 61,801	$ 65,298
Long-term portion - other long-term liabilities	49,325	51,110
Total	111,126	116,408	$ 128,599	$ 138,011
Current portion - other accrued liabilities	29,750	28,203
Long-term portion - deferred revenue	134,043	127,667
Total	$ 163,793	$ 155,870	$ 136,685	$ 132,813

Note 10 - Contract Balances (De

Note 10 - Contract Balances (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Contract with Customer, Liability	$ 14,430	$ 19,173
Contract with Customer, Liability, Revenue Recognized	$ 9,167

Note 11 - Credit Agreements (De

Note 11 - Credit Agreements (Details Textual) - USD ($) $ in Thousands			1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 01, 2023	May 31, 2013	Jun. 30, 2022	Mar. 31, 2024	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2023
Short-Term Debt				$ 78,086			$ 81,769
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 1,250,000		$ 1,250,000
Covenant Maximum Total Leverage Ratio						3.75
Covenant Minimum Interest Coverage Ratio						3
Total Leverage Ratio				1.99
Interest Coverage Ratio				7.39
Debt Issuance Costs, Net, Total			10,330		10,330
Debt Instrument, Fee Amount			800		800
Long-Term Line of Credit				$ 150,000
Line of Credit Facility, Remaining Borrowing Capacity				$ 1,099,203
ABL Revolving Credit Facility [Member]
Write off of Deferred Debt Issuance Cost			197
Tranche B Term Loan Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,200,000
Uncommitted Incremental Term Loan Facility		$ 300,000
Debt Instrument, SOFR Floor				0%
Debt Instrument, Interest Rate, Effective Percentage				7.18%
Repayments of Long-Term Debt, Total			250,000
Gain (Loss) on Extinguishment of Debt, Total					(3,546)
Long-Term Debt, Maturity Date		Dec. 13, 2026
Tranche B Term Loan Facility [Member] \| Maximum [Member]
Threshold for Secured Leverage Ratio Excess Cash Flow Payment Requirement				3.75
Secured Leverage Ratio				1.87
Tranche B Term Loan Facility [Member] \| Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		1.75%		0.75%
Tranche B Term Loan Facility [Member] \| Adjusted LIBOR Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		2.75%
Tranche B Term Loan Facility [Member] \| LIBOR Floor Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		0.75%
Tranche B Term Loan Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate				1.75%
Tranche A Term Loan Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 750,000		$ 750,000
Tranche A Term Loan Facility and Revolving Credit Facility [Member]
Debt Instrument, SOFR Floor	0%
Debt Instrument, Interest Rate, Effective Percentage				6.93%
Long-Term Debt, Maturity Date			Jun. 29, 2027		Jun. 29, 2027
Tranche A Term Loan Facility and Revolving Credit Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate						1.50%
Tranche A Term Loan Facility and Revolving Credit Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] \| Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Tranche A Term Loan Facility and Revolving Credit Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] \| Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%

Note 11 - Credit Agreements - L

Note 11 - Credit Agreements - Long-term Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Original issue discount and deferred financing costs	$ (11,710)	$ (12,685)
Finance lease obligation	72,543	71,308
Other	1,716	9,512
Total	1,483,174	1,493,448
Less: current portion of debt	39,030	42,110
Less: current portion of finance lease obligation	4,408	3,785
Total	1,439,736	1,447,553
Revolving Credit Facility [Member]
Line of credit	150,000	150,000
Tranche A Term Loan Facility [Member]
Term Loan	740,625	745,313
Tranche B Term Loan Facility [Member]
Term Loan	$ 530,000	$ 530,000

Note 11 - Credit Agreements - M

Note 11 - Credit Agreements - Maturities of Long-term Borrowings Outstanding (Details) $ in Thousands	Mar. 31, 2024 USD ($)
2024	$ 28,125
2025	46,875
2026	595,625
2027	750,000
Total	1,420,625
Tranche A Term Loan Facility [Member]
2024	28,125
2025	46,875
2026	65,625
2027	600,000
Total	740,625
Tranche B Term Loan Facility [Member]
2024	0
2025	0
2026	530,000
2027	0
Total	530,000
ABL Revolving Credit Facility [Member]
2024	0
2025	0
2026	0
2027	150,000
Total	$ 150,000

Note 12 - Stock Repurchase Pr_2

Note 12 - Stock Repurchase Program (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		24 Months Ended	104 Months Ended
	Sep. 30, 2020	Mar. 31, 2024	Mar. 31, 2023	Feb. 12, 2024	Mar. 31, 2024	Aug. 05, 2022
Stock Repurchase Program, Authorized Amount	$ 250,000			$ 500,000		$ 500,000
Stock Repurchase Program, Period in Force (Year)	24 years			24 months
Stock Repurchase Program, Remaining Authorized Repurchase Amount				$ 26,297
Stock Repurchase Program [Member] \| Treasury Stock, Common [Member]
Treasury Stock, Shares, Acquired (in shares)		0	0		13,937,188
Treasury Stock, Value, Acquired, Cost Method					$ 1,028,892
Shares Acquired, Average Cost Per Share (in dollars per share)					$ 73.82

Note 13 - Earnings Per Share (D

Note 13 - Earnings Per Share (Details Textual) - shares	3 Months Ended
Note 13 - Earnings Per Share (Details Textual) - shares	Mar. 31, 2024	Mar. 31, 2023
Share-Based Payment Arrangement [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	427,000	411,000

Note 13 - Earnings Per Share -

Note 13 - Earnings Per Share - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Net income attributable to Generac Holdings Inc.		$ 26,232	$ 12,430
Redeemable noncontrolling interest redemption value adjustment		(2,686)	(9,016)
Net income attributable to common shareholders		$ 23,546	$ 3,414
Weighted average shares, basic (in shares)		59,849,362	61,556,044
Dilutive effect of stock compensation awards (in shares)	[1]	636,763	738,403
Diluted shares (in shares)		60,486,125	62,294,447
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share)		$ 0.39	$ 0.06
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share)		$ 0.39	$ 0.05

[1]Excludes approximately 427,000 and 411,000 stock options and restricted stock awards for the three months ended March 31, 2024 and 2023, respectively, because they would be anti-dilutive.

Note 14 - Income Taxes (Details

Note 14 - Income Taxes (Details Textual)	3 Months Ended
Note 14 - Income Taxes (Details Textual)	Mar. 31, 2024	Mar. 31, 2023
Effective Income Tax Rate Reconciliation, Percent	31.20%	35.70%

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Oct. 05, 2023	May 03, 2023	Aug. 01, 2022	Mar. 31, 2024	Dec. 31, 2023
Amount Financed by Dealers				$ 153,500	$ 158,000
Consumer Product Safety Commission [Member]
Settlement Agreement, Civil Fine Payments		$ 15,800
Power Home Solar, LLC Against Generac Power Systems, Inc. [Member] \| Maximum [Member]
Loss Contingency, Damages Sought, Value			$ 25,000
Case No. 22-cv-00072-JRG [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 11,500
Case No. 22-cv-00072-JRG [Member] \| Estimated Prejudgment Interest [Member]
Loss Contingency Accrual				$ 1,826