Generac (GNRC) 10-Q8 May 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2014	1-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'GENERAC HOLDINGS INC.	'
Entity Central Index Key	'0001474735	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	68,831,374
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$173,740	$150,147
Restricted cash	6,645	6,645
Accounts receivable, less allowance for doubtful accounts	182,168	164,907
Inventories	292,307	300,253
Deferred income taxes	25,482	26,869
Prepaid expenses and other assets	6,188	5,358
Total current assets	686,530	654,179
Property and equipment, net	148,017	146,390
Customer lists, net	39,848	42,764
Patents, net	60,474	62,418
Trade names, net	173,195	173,196
Goodwill	607,185	608,287
Other intangible assets, net	3,962	4,447
Deferred income taxes	73,540	85,104
Deferred financing costs, net	19,304	20,051
Other assets	514	1,369
Total assets	1,812,569	1,798,205
Current liabilities:	'	'
Short-term borrowings	7,004	9,575
Accounts payable	113,744	109,238
Accrued wages and employee benefits	15,006	26,564
Other accrued liabilities	85,093	92,997
Current portion of long-term borrowings and capital lease obligations	12,543	12,471
Total current liabilities	233,390	250,845
Long-term borrowings and capital lease obligations	1,172,368	1,175,349
Other long-term liabilities	53,767	54,940
Total liabilities	1,459,525	1,481,134
Stockholders' equity:	'	'
Common stock, par value $0.01, 500,000,000 shares authorized, 69,041,410 and 68,767,367 shares issued at March 31, 2014 and December 31, 2013, respectively	690	688
Additional paid-in capital	424,297	421,672
Treasury stock, at cost	-7,497	-6,571
Excess purchase price over predecessor basis	-202,116	-202,116
Retained earnings	140,514	105,813
Accumulated other comprehensive loss	-2,844	-2,415
Total stockholders' equity	353,044	317,071
Total liabilities and stockholders' equity	$1,812,569	$1,798,205

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Stockholders' equity:	'	'
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)	69,041,410	68,767,367

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Condensed Consolidated Statements of Comprehensive Income (Unaudited) [Abstract]	'	'
Net sales	$342,008	$399,572
Costs of goods sold	222,494	246,110
Gross profit	119,514	153,462
Operating expenses:	'	'
Selling and service	27,969	31,681
Research and development	7,746	6,645
General and administrative	13,148	12,426
Amortization of intangibles	5,345	6,185
Total operating expenses	54,208	56,937
Income from operations	65,306	96,525
Other (expense) income:	'	'
Interest expense	-11,689	-15,675
Investment income	39	17
Loss on extinguishment of debt	0	-1,839
Other, net	568	396
Total other expense, net	-11,082	-17,101
Income before provision for income taxes	54,224	79,424
Provision for income taxes	19,523	28,750
Net income	34,701	50,674
Net income per common share - basic: (in dollars per share)	$0.51	$0.75
Weighted average common shares outstanding - basic: (in shares)	68,421,800	67,864,475
Net income per common share - diluted: (in dollars per share)	$0.50	$0.73
Weighted average common shares outstanding - diluted: (in shares)	70,008,490	69,554,941
Comprehensive income	$34,272	$51,676

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Operating activities	'	'
Net income	$34,701	$50,674
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	3,230	2,565
Amortization of intangible assets	5,345	6,185
Amortization of original issue discount	452	616
Amortization of deferred financing costs	751	561
Amortization of unrealized loss on interest rate swaps	0	1,002
Loss on extinguishment of debt	0	1,839
Provision for losses on accounts receivable	67	225
Deferred income taxes	12,606	20,075
Loss on disposal of property and equipment	62	2
Share-based compensation expense	3,322	2,931
Net changes in operating assets and liabilities:	'	'
Accounts receivable	-17,324	-34,648
Inventories	7,931	-33,007
Other assets	369	13
Accounts payable	4,459	22,601
Accrued wages and employee benefits	-11,557	-3,358
Other accrued liabilities	-1,533	7,684
Excess tax benefits from equity awards	-6,528	-7,694
Net cash provided by operating activities	36,353	38,266
Investing activities	'	'
Proceeds from sale of property and equipment	6	0
Expenditures for property and equipment	-4,925	-4,322
Net cash used in investing activities	-4,919	-4,322
Financing activities	'	'
Proceeds from short-term borrowings	4,000	0
Repayments of short-term borrowings	-6,571	-18
Repayments of long-term borrowings and capital lease obligations	-3,326	-82,250
Payment of debt issuance costs	-4	0
Cash dividends paid for restricted stock upon vesting	-334	-2,649
Taxes paid related to the net share settlement of equity awards	-8,152	-10,417
Excess tax benefits from equity awards	6,528	7,694
Net cash used in financing activities	-7,859	-87,640
Effect of exchange rate changes on cash and cash equivalents	18	10
Net increase (decrease) in cash and cash equivalents	23,593	-53,686
Cash and cash equivalents at beginning of period	150,147	108,023
Cash and cash equivalents at end of period	$173,740	$54,337

Basis_of_Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 31, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation

	Description of Business

	Generac Holdings Inc. (the Company) owns all of the common stock of Generac Acquisition Corp. (GAC), which in turn, owns all of the common stock of Generac Power Systems, Inc. (the Borrower). The Company is a leading designer and manufacturer of a wide range of power generation equipment and other engine powered products serving the residential, light-commercial, industrial and construction markets.

	The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany amounts and transactions have been eliminated in consolidation. Certain prior period amounts contained in Note 6, “Product Warranty Obligations” have been reclassified to conform to the current period’s presentation.

	The condensed consolidated balance sheet as of March 31, 2014, the condensed consolidated statements of comprehensive income for the three months ended March 31, 2014 and 2013, and the condensed consolidated statements of cash flows for the three months ended March 31, 2014 and 2013 have been prepared by the Company and have not been audited. In the opinion of management, all adjustments, consisting of only normal recurring adjustments necessary for the fair presentation of the financial position, results of operation and cash flows, have been made. The results of operations for any interim period are not necessarily indicative of the results to be expected for the full year.

	Expenses are charged to operations in the year incurred. However, for interim reporting purposes certain expenses are charged to operations based on a proportionate share of annual amounts rather than as they are actually incurred.

	The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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 disclosure normally included in consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles 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 our Annual Report on Form 10-K for the year ended December 31, 2013.

	Accumulated Other Comprehensive Loss

	The components of accumulated other comprehensive loss, net of tax, at March 31, 2014 and December 31, 2013 are as follows:

		March 31,			December 31,
		2014			2013
	Foreign currency translation adjustments	$	1,275		$	1,204
	Pension liability, net of tax of $886		(4,393	)		(4,393	)
	Unrealized gain on cash flow hedges, net of tax of $178 and $462		274			774
	Accumulated other comprehensive loss	$	(2,844	)	$	(2,415	)


	The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the three months ended March 31, 2014 and 2013, net of tax:

		Foreign Currency Translation Adjustments			Defined Benefit Pension Plan				Unrealized gain (loss) on cash flow hedges			Total

	Beginning Balance – January 1, 2014	$	1,204		$	(4,393	)		$	774		$	(2,415	)
	Other comprehensive income before reclassifications		71			-				(500	)		(429	)
	Amounts reclassified from accumulated other comprehensive loss		-			-				-			-
	Net current-period other comprehensive income		71			-				(500	)		(429	)
	Ending Balance – March 31, 2014	$	1,275		$	(4,393	)		$	274		$	(2,844	)


		Foreign Currency Translation Adjustments			Defined Benefit Pension Plan				Unrealized gain (loss) on cash flow hedges			Total

	Beginning Balance – January 1, 2013	$	(34	)	$	(12,081	)		$	(2,381	)	$	(14,496	)
	Other comprehensive income before reclassifications		-			-				-			-
	Amounts reclassified from accumulated other comprehensive loss		-			-				1,002			1,002
	Net current-period other comprehensive income		-			-				1,002			1,002
	Ending Balance – March 31, 2013	$	(34	)	$	(12,081	)		$	(1,379	)	$	(13,494	)


	The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the three months ended March 31, 2014 and 2013:

		Amounts reclassified from other accumulated comprehensive loss for the three months ended March 31,
								Affected line item in the statement where net income is presented
	Amortization of unrealized loss on interest rate swaps	2014			2013
	Gross		-		$	(1,048	)	Interest expense
	Tax benefit		-			46
	Net of tax		-		$	(1,002	)

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	3 Months Ended
Derivative Instruments and Hedging Activities	Mar. 31, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Derivative Instruments and Hedging Activities	'
	2. Derivative Instruments and Hedging Activities

	The Company records all derivatives in accordance with ASC 815, Derivatives and Hedging, which requires all derivative instruments be reported on the consolidated balance sheets at fair value and establishes criteria for designation and effectiveness of hedging relationships. The Company is exposed to market risk such as changes in commodity prices, foreign currencies, and interest rates. The Company does not hold or issue derivative financial instruments for trading purposes.

	Commodities

	The primary objectives of the commodity risk management activities are to understand and mitigate the impact of potential price fluctuations on the Company’s financial results and its economic well-being. While the Company’s risk management objectives and strategies will be driven from an economic perspective, it attempts, where possible and practical, to ensure that the hedging strategies it engages in can be treated as “hedges” from an accounting perspective or otherwise result in accounting treatment where the earnings effect of the hedging instrument provides substantial offset (in the same period) to the earnings effect of the hedged item. Generally, these risk management transactions will involve the use of commodity derivatives to protect against exposure resulting from significant price fluctuations.

	The Company primarily utilizes commodity contracts with maturities of less than 12 months. The impact of such contracts is intended to offset the effect of price fluctuations on actual inventory purchases. Outstanding commodity forward contracts in place to hedge the Company’s projected commodity purchases were as follows:

	As of March 31, 2014:
	Commodity	Trade Date		Effective Date	Notional Amount		Termination Date
	Copper	6/21/13		10/1/13	$2,169		6/30/14
	Copper	1/31/14		2/1/14	$3,879		12/31/14
	Copper	3/11/14		4/1/14	$3,014		12/31/14


	As of December 31, 2013:
	Commodity		Trade Date	Effective Date	Notional Amount		Termination Date
	Copper		6/21/13	10/1/13	$2,169		6/30/14


	As of March 31, 2013:
	Commodity		Trade Date	Effective Date	Notional Amount		Termination Date
	Copper		10/29/12	1/1/13	$3,472		9/30/13
	Copper		2/26/13	3/1/13	$2,677		12/31/13
	Copper		3/1/13	3/1/13	$2,636		12/31/13

	Because these contracts do not qualify for hedge accounting, gains and losses are recorded in cost of goods sold in the Company’s consolidated statements of comprehensive income. Total losses recognized for the three months ended March 31, 2014 and March 31, 2013 were $(326) and $(292), respectively.

	Foreign Currencies

	The Company is exposed to foreign currency exchange risk as a result of transactions denominated in other currencies. The Company periodically utilizes foreign currency forward purchase and sales contracts to manage the volatility associated with foreign currency purchases in the normal course of business. Contracts typically have maturities of 12 months or less. There were no foreign currency hedge contracts outstanding as of March, 31, 2013. As of March 31, 2014 and December 31, 2013, the following foreign currency contracts were outstanding:


	As of March 31, 2014:
	Currency Denomination					Notional Amount
	United States Dollar (USD)					450
	British Pound Sterling (GBP)					3,000

	As of December 31, 2013:
	Currency Denomination					Notional Amount
	United States Dollar (USD)					650
	British Pound Sterling (GBP)					4,000

	Total gains/losses recognized for the three months ended March 31, 2014 were not material.

	Interest Rate Swaps

	As of May 30, 2012, the date of a previous credit agreement refinancing, the Company had four interest rate swap agreements outstanding. These agreements were all entered into during 2010 and 2011. The first was entered into on January 21, 2010. The effective date of this swap was July 1, 2010 with a notional amount of $200,000, a fixed LIBOR rate of 1.73% and an expiration date of July 1, 2012. The second was entered into on June 29, 2010. The effective date of that swap was October 1, 2010 with a notional amount of $100,000, a fixed LIBOR rate of 1.025% and an expiration date of October 1, 2012. The remaining two interest rate swap agreements were entered into on April 1, 2011. The effective date of the first swap was July 1, 2012 with a notional amount of $200,000, a fixed LIBOR rate of 1.905% and an expiration date of July 1, 2013. The effective date of the second swap was October 1, 2012 with a notional amount of $100,000, a fixed LIBOR rate of 2.22% and an expiration date of October 1, 2013. Due to the incorporation of a new interest rate floor provision in the then new credit agreement, which constituted a change in critical terms, the Company concluded that as of May 30, 2012, the then outstanding swaps would no longer be highly effective in achieving offsetting changes in cash flows during the periods the hedges were designated. As a result, the Company was required to de-designate the four outstanding hedges described above as of May 30, 2012. Beginning May 31 2012, the effective portion of the swaps prior to the change (i.e. amounts previously recorded in Accumulated Other Comprehensive Loss) were amortized into interest expense over the period of the originally designated hedged transactions which had various termination dates through October 2013. Future changes in fair value of these swaps were immediately recognized in the consolidated statements of comprehensive income as interest expense.

	On October 23, 2013, the Company entered into two interest rate swap agreements and formally documented all relationships between interest rate hedging instruments and hedged items, as well as its risk-management objectives and strategies for undertaking various hedge transactions. These interest rate swap agreements qualify as cash flow hedges. For derivatives that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative is reported as a component of accumulated other comprehensive income (loss). The cash flows of the swaps are recognized as adjustments to interest expense each period. The ineffective portion of the derivatives’ change in fair value, if any, is immediately recognized in earnings. The Company assesses on an ongoing basis whether derivatives used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective dates of the swaps are July 1, 2014 with a notional amount of $100,000 each and a fixed LIBOR rate of 1.737% and 1.742% with expiration dates of July 1, 2018.

	The following table presents the fair value of the Company’s derivatives:

			March 31,				December 31,
			2014				2013
	Commodity contracts		$	(255	)		$	69
	Foreign currency contracts			(30	)			56
	Interest rate swaps			452				1,236
	Net derivatives asset		$	167			$	1,361

	The fair value of the interest rate swaps is included in other assets in the condensed consolidated balance sheets as of March 31, 2014 and December 31, 2013, respectively. The fair value of the commodity contracts is included in other current liabilities and other assets in the condensed consolidated balance sheets as of March 31, 2014 and December 31, 2013, respectively. The fair value of the derivative contracts in a liability position considers the Company’s credit risk. Excluding the impact of credit risk, the fair value of the derivative contracts as of March 31, 2014 and December 31, 2013 is an asset of $176 and $1,385, respectively, which represents the amount the Company would need to pay to exit the agreements on those dates.

The following presents the impact of interest rate swaps, commodity contracts and foreign currency contracts on the condensed consolidated statements of comprehensive income for the three months ended March 31, 2014 and 2013:

		Amount of (loss) recognized in Accumulated Other Comprehensive Loss for the three months ended March 31,							Location of gain (loss) recognized in net income on ineffective portion of hedges	Amount of (loss) reclassified from Accumulated Other Comprehensive Loss into net income for the three months ended March 31,					Amount of gain (loss) recognized in net income on hedges (ineffective portion) for the three months ended March 31,
		2014				2013				2014		2013			2014			2013
Derivatives designated as hedging instruments
Interest rate swaps		$	(500	)		$	-		Interest expense	$	-	$	-		$	-		$	-

Derivatives not designated as hedging instruments
Interest rate swaps (1)		$	-			$	-		Interest expense	$	-	$	(1,002	)	$	-		$	1,206
Commodity contracts		$	-			$	-		Cost of goods sold	$	-	$	-		$	(368	)	$	(292	)

(1) Amounts recorded for the three months ended March 31, 2013 relate to interest rate swap agreements outstanding as of May 30, 2012, the date the hedging relationships for these agreements were terminated

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	3. Fair Value Measurements

	ASC 820-10, Fair Value Measurements and Disclosures, among other things, defines fair value, establishes a consistent framework for measuring fair value, and expands disclosure for each major asset and liability category measured at fair value on either a recurring basis or nonrecurring basis. ASC 820-10 clarifies that fair value is an exit price, representing the amount that would be received in the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the pronouncement establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

	Assets and liabilities measured at fair value are based on the market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.

	The Company believes the carrying amount of its financial instruments (cash and cash equivalents, restricted cash, accounts receivable, accounts payable, accrued liabilities and short-term borrowings), excluding long-term borrowings, approximates the fair value of these instruments based upon their short-term nature. The fair value of long-term borrowings, including amounts classified as current, which have an aggregate carrying value of $1,182,429, was approximately $1,182,429 (Level 2) at March 31, 2014, as calculated based on independent valuations whose inputs and significant value drivers are observable.

	Assets (liabilities) measured at fair value on a recurring basis are as follows:

					Fair Value Measurement Using
					Quoted Prices in Active Markets for Identical Contracts (Level 1)		Significant
		Total					Other Observable Inputs
		31-Mar-14					(Level 2)
	Interest rate swaps	$	452		$	–	$	452
	Commodity contracts	$	(255	)	$	–	$	(255	)
	Foreign currency contracts	$	(30	)	$	–	$	(30	)

					Fair Value Measurement Using
					Quoted Prices in Active Markets for Identical Contracts (Level 1)		Significant
		Total					Other Observable Inputs
		31-Dec-13					(Level 2)
	Interest rate swaps	$	1,236		$	–	$	1,236
	Commodity contracts	$	69		$	–	$	69
	Foreign currency contracts	$	56		$	–	$	56

	The valuation techniques used to measure the fair value of derivative contracts classified as level 2, all of which have counterparties with high credit ratings, were based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. The fair value of derivative contracts above considers the Company’s credit risk in accordance with ASC 820-10.

Segment_Reporting

Segment Reporting	3 Months Ended
Segment Reporting	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	4. Segment Reporting

	The Company operates in and reports as a single operating segment, which is the design and manufacture of a wide range of engine powered products. Net sales are predominantly generated through the sale of generators and other engine powered products through various distribution channels. The Company manages and evaluates its operations as one segment primarily due to similarities in the nature of the products, production processes and methods of distribution. The Company’s sales in the United States represent approximately 85% and 91% of total sales for the three months ended March 31, 2014 and 2013, respectively. Approximately 90% of the Company’s identifiable long-lived assets are located in the United States at both March 31, 2014 and December 31, 2013.

	The Company's product offerings consist primarily of power products with a range of power output geared for varying end customer uses. Residential power products and commercial & industrial power products are each a similar class of products based on similar power output and end customer usage. The breakout of net sales between residential, commercial & industrial, and other products is as follows:

		Three Months Ended March 31,
		2014		2013
	Residential power products	$	163,969	$	255,244
	Commercial & industrial power products		157,370		127,080
	Other		20,669		17,248
	Total	$	342,008	$	399,572

Balance_Sheet_Details

Balance Sheet Details	3 Months Ended
Balance Sheet Details	Mar. 31, 2014
Balance Sheet Details [Abstract]	'
Balance Sheet Details	'
	5. Balance Sheet Details

	Inventories consist of the following:

		March 31,			December 31,
		2014			2013
	Raw material	$	178,069		$	183,787
	Work-in-process		7,863			9,620
	Finished goods		112,883			113,404
	Reserves for excess and obsolescence		(6,508	)		(6,558	)
	Total	$	292,307		$	300,253

	Property and equipment consists of the following:

		March 31,			December 31,
		2014			2013
	Land and improvements	$	7,452		$	7,416
	Buildings and improvements		96,597			96,161
	Machinery and equipment		57,898			54,847
	Dies and tools		17,541			17,071
	Vehicles		1,984			1,979
	Office equipment		18,446			17,304
	Leasehold improvements		2,257			2,229
	Construction in progress		9,239			9,724
	Gross property and equipment		211,414			206,731
	Accumulated depreciation		(63,397	)		(60,341	)
	Total	$	148,017		$	146,390

	Other accrued liabilities consist of the following:

		March 31,			December 31,
		2014			2013
	Accrued commissions	$	11,706		$	10,254
	Accrued interest		10,524			10,907
	Product warranty obligations – short term		24,253			26,080
	Deferred revenue related to extended warranty – short term		4,865			3,325
	Accrued dividends for unvested restricted stock		2,138			2,472
	Accrued volume rebates		6,548			9,418
	Accrued customer prepayments		3,279			3,393
	Other accrued selling expenses		7,413			8,659
	Earn-out obligations		12,518			12,518
	Other accrued liabilities		1,849			5,971
	Total	$	85,093		$	92,997


	Other long-term liabilities consist of the following:

		March 31,			December 31,
		2014			2013
	Accrued pension costs	$	10,034		$	10,385
	Product warranty obligations – long term		7,654			7,654
	Deferred revenue related to extended warranty – long term		19,767			19,767
	Deferred tax liabilities		14,360			14,966
	Other long-term liabilities		1,952			2,168
	Total	$	53,767		$	54,940

Product_Warranty_Obligations

Product Warranty Obligations	3 Months Ended
Product Warranty Obligations	Mar. 31, 2014
Product Warranty Obligations [Abstract]	'
Product Warranty Obligations	'
	6. Product Warranty Obligations

	The Company records a liability for product warranty obligations at the time of sale to a customer based upon historical warranty experience. The Company also records a liability for specific warranty matters when they become known and are reasonably estimable. The Company also sells extended warranty coverage for certain products. The sales of extended warranties are recorded as deferred revenue, and we recognize the revenue from sales of extended warranties over the life of the contracts. The Company’s product warranty obligations, including deferred revenue related to extended warranty coverage, are included in other accrued liabilities and other long-term liabilities in the consolidated balance sheets.

	The following is a tabular reconciliation of the product warranty liability, excluding the deferred revenue related to extended warranty coverage:

		For the three months ended March 31,
		2014			2013
	Balance at beginning of period	$	33,734		$	36,112
	Payments		(6,723	)		(5,694	)
	Provision for warranties issued		6,039			10,989
	Changes in estimates for pre-existing warranties		(1,143	)		(1,200	)
	Balance at end of period	$	31,907		$	40,207

	The following is a tabular reconciliation of the deferred revenue related to extended warranty coverage:

		For the three months ended March 31,
		2014			2013
	Balance at beginning of period	$	23,092		$	13,473
	Deferred revenue on extended warranty contracts sold		2,219			2,138
	Amortization of deferred revenue on extended warranty contracts		(679	)		(569	)
	Balance at end of period	$	24,632		$	15,042

	Product warranty obligations and warranty related deferred revenues are included in the balance sheets as follows:

		March 31,			December 31,
		2014			2013
	Product warranty liability
	Current portion - other accrued liabilities	$	24,253		$	26,080
	Long-term portion - other long-term liabilities		7,654			7,654
	Total	$	31,907		$	33,734

	Deferred revenue related to extended warranty
	Current portion - other accrued liabilities	$	4,865		$	3,325
	Long-term portion - other long-term liabilities		19,767			19,767
	Total	$	24,632		$	23,092

Credit_Agreements

Credit Agreements	3 Months Ended
Credit Agreements	Mar. 31, 2014
Credit Agreements [Abstract]	'
Credit Agreements	'
	7. Credit Agreements

	Short-term borrowings are included in the balance sheets as follows:

		March 31,			December 31,
		2014			2013
	ABL facility	$	-		$	-
	Other lines of credit, as described below		7,004			9,575
	Total	$	7,004		$	9,575


	Long-term borrowings are included in the balance sheets as follows:
		March 31,			December 31,
		2014			2013
	Term loan	$	1,194,000		$	1,197,000
	Original issue discount		(12,283	)		(12,735	)
	Capital lease obligation		2,482			2,529
	Other		712			1,026
	Total		1,184,911			1,187,820
	Less current portion of debt		12,356			12,286
	Less current portion of capital lease obligation		187			185
	Total	$	1,172,368		$	1,175,349

	On May 31, 2013, the Borrower amended and restated its then existing credit agreement by entering into a new term loan credit agreement (“New Term Loan Credit Agreement”) with certain commercial banks and other lenders. The New Term Loan Credit Agreement provides for a $1,200,000 term loan B credit facility (the “New Term Loan”) and includes a $300,000 uncommitted incremental term loan facility. The New Term Loan Credit Agreement matures on May 31, 2020. Proceeds from the New Term Loan were used to repay amounts outstanding under the Company’s previous credit agreement and to fund a special cash dividend of $5.00 per share on the Company’s common stock. Remaining funds from the New Term Loans were used for general corporate purposes and to pay related financing fees and expenses.

	The New Term Loan is guaranteed by all of the Borrower’s wholly-owned domestic restricted subsidiaries, GAC and the Company, and is secured by associated collateral agreements which pledge a first priority lien on virtually all of the Borrower’s assets, including fixed assets and intangibles, and the assets of the guarantors (other than the Company), other than all cash, trade accounts receivable, inventory, and other current assets and proceeds thereof, which will be secured by a second priority lien.

	The New Term Loan amortizes in equal installments of 0.25% of the original principal amount of the New Term Loan payable on the first day of April, July, October and January commencing on October 1, 2013 until the final maturity date on May 31, 2020. It initially bears interest at rates based upon 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%. Beginning in the second quarter of 2014, the applicable margin related to base rate loans can be reduced to 1.50% and the applicable margin related to LIBOR rate loans can be reduced to 2.50%, in each case, if the Borrower’s net debt leverage ratio falls below 3.00 to 1.00.

	The New Term Loan Credit Agreement contains restrictions on the Borrower’s ability to pay distributions and dividends. Payments can be made by the Borrower to the Company or other parent companies for certain expenses such as operating expenses in the ordinary course, fees and expenses related to any debt or equity offering and to pay franchise or similar taxes. Dividends can be used to repurchase equity interests, subject to limitations in certain circumstances. Additionally, the New Term Loan Credit Agreement restricts the aggregate amount of dividends and distributions that can be paid and, in certain circumstances, requires pro forma compliance with certain fixed charge coverage ratios or gross leverage ratios, as applicable in order to pay certain dividends and distributions. The New Term Loan Credit Agreement also contains other affirmative and negative covenants that, among other things, limit the incurrence of additional indebtedness, liens on property, sale and leaseback transactions, investments, loans and advances, mergers or consolidations, asset sales, acquisitions, transactions with affiliates, prepayments of certain other indebtedness and modifications of our organizational documents. The New Term Loan Credit Agreement does not contain any financial maintenance covenants.

	The New Term Loan Credit Agreement contains customary events of default, including, among others, nonpayment of principal, interest or other amounts, failure to perform covenants, inaccuracy of representations or warranties in any material respect, cross-defaults with other material indebtedness, certain undischarged judgments, the occurrence of certain ERISA or bankruptcy or insolvency events or the occurrence of a change in control (as defined in the New Term Loan Credit Agreement). A bankruptcy or insolvency event of default will cause the obligations under the New Term Loan Credit Agreement to automatically become immediately due and payable.

	Concurrent with the closing of the New Term Loan Credit Agreement, on May 31, 2013, the Borrower amended its then existing ABL credit agreement (the “New ABL Credit Agreement”). The amendment provides for a one year extension of the maturity date in respect of the $150,000 senior secured ABL revolving credit facility provided under the previous ABL credit agreement (the “ABL Facility”). The extended maturity date of the ABL Facility is May 31, 2018.

	Borrowings under the ABL Facility are guaranteed by all of the Borrower’s wholly-owned domestic restricted subsidiaries and GAC, and are secured by associated collateral agreements which pledge a first priority lien on all cash, trade accounts receivable, inventory, and other current assets and proceeds thereof, and a second priority lien on all other assets, including fixed assets and intangibles of the Borrower, certain domestic subsidiaries of the Borrower and the guarantors (other than the Company). Borrowings bear interest at rates based upon either a base rate plus an applicable margin of 1.00% or adjusted LIBOR rate plus an applicable margin of 2.00%, in each case, subject to adjustments based upon average availability under the ABL Facility. The New ABL Credit Agreement requires the Borrower to maintain a minimum consolidated fixed charge coverage ratio of 1.0x, tested on a quarterly basis, when Availability plus the amount of Qualified Cash (up to $5,000) (as defined in the New ABL Credit Agreement) under the ABL Facility is less than the greater of (i) 10.0% of the Line Cap (as defined in the New ABL Credit Agreement) and (ii) $10,000. The New ABL Credit Agreement also contains covenants and events of default substantially similar to those in the New Term Loan Credit Agreement, as described above. As of March 31, 2014, no amounts were outstanding under the ABL Facility. As of March 31, 2014, the Company had $173,740 of unrestricted cash and cash equivalents and $148,500 of availability under the ABL Facility, net of outstanding letters of credit.

	As of March 31, 2014 and December 31, 2013, short-term borrowings consisted primarily of borrowings by our foreign subsidiaries on local lines of credit, which totaled $7,004 and $9,575, respectively.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	8. Earnings Per Share

	Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period, exclusive of restricted shares. Except where the result would be anti-dilutive, dilutive earnings per share is calculated by assuming the vesting of unvested restricted stock and the exercise of stock options, as well as their related income tax benefits. The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share:

		Three months ended March 31,
		2014		2013
	Numerator- net income	$	34,701	$	50,674
	Denominator- weighted average shares
	Basic		68,421,800		67,864,475
	Dilutive effect of stock compensation awards (1)		1,586,690		1,690,466
	Diluted		70,008,490		69,554,941
	Net income per share
	Basic	$	0.51	$	0.75
	Diluted	$	0.5	$	0.73


	(1) Excludes approximately 22,000 stock options and 400 shares of restricted stock for the three month period ended March 31, 2014 as the impact of such awards was anti-dilutive. Excludes approximately 250,000 stock options and 60,000 shares of restricted stock for the three month period ended March 31, 2013 as the impact of such awards was anti-dilutive.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	9. Income Taxes

	The effective income tax rates for the three months ended March 31, 2014 and 2013 were 36.0% and 36.2%, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	10 Commitments and Contingencies

	The Company has an arrangement with a finance company to provide floor plan financing for selected 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 indemnify the finance company for any credit losses they incur. The amount financed by dealers which remained outstanding under this arrangement at March 31, 2014 and December 31, 2013 was approximately $27,000 and $24,300 respectively.

	In the normal course of business, the Company is named as a defendant in various lawsuits in which claims are asserted against the Company. In the opinion of management, the liabilities, if any, which may result from such lawsuits are not expected to have a material adverse effect on the financial position, results of operations, or cash flows of the Company.

Subsequent_Events

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	11 Subsequent Events

	On April 30, 2014, the Company prepaid $12,000 of principal on its existing New Term Loan with available cash on hand.

Basis_of_Presentation_Tables

Basis of Presentation (Tables)	3 Months Ended
Basis of Presentation (Tables)	Mar. 31, 2014
Basis of Presentation [Abstract]	'
Components of accumulated other comprehensive loss, net of tax	'
	The components of accumulated other comprehensive loss, net of tax, at March 31, 2014 and December 31, 2013 are as follows:

		March 31,			December 31,
		2014			2013
	Foreign currency translation adjustments	$	1,275		$	1,204
	Pension liability, net of tax of $886		(4,393	)		(4,393	)
	Unrealized gain on cash flow hedges, net of tax of $178 and $462		274			774
	Accumulated other comprehensive loss	$	(2,844	)	$	(2,415	)
Changes in accumulated other comprehensive loss	'
	The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the three months ended March 31, 2014 and 2013, net of tax:

		Foreign Currency Translation Adjustments			Defined Benefit Pension Plan				Unrealized gain (loss) on cash flow hedges			Total

	Beginning Balance – January 1, 2014	$	1,204		$	(4,393	)		$	774		$	(2,415	)
	Other comprehensive income before reclassifications		71			-				(500	)		(429	)
	Amounts reclassified from accumulated other comprehensive loss		-			-				-			-
	Net current-period other comprehensive income		71			-				(500	)		(429	)
	Ending Balance – March 31, 2014	$	1,275		$	(4,393	)		$	274		$	(2,844	)


		Foreign Currency Translation Adjustments			Defined Benefit Pension Plan				Unrealized gain (loss) on cash flow hedges			Total

	Beginning Balance – January 1, 2013	$	(34	)	$	(12,081	)		$	(2,381	)	$	(14,496	)
	Other comprehensive income before reclassifications		-			-				-			-
	Amounts reclassified from accumulated other comprehensive loss		-			-				1,002			1,002
	Net current-period other comprehensive income		-			-				1,002			1,002
	Ending Balance – March 31, 2013	$	(34	)	$	(12,081	)		$	(1,379	)	$	(13,494	)
Reclassification adjustments out of accumulated other comprehensive loss	'
	The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the three months ended March 31, 2014 and 2013:

		Amounts reclassified from other accumulated comprehensive loss for the three months ended March 31,
								Affected line item in the statement where net income is presented
	Amortization of unrealized loss on interest rate swaps	2014			2013
	Gross		-		$	(1,048	)	Interest expense
	Tax benefit		-			46
	Net of tax		-		$	(1,002	)

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Mar. 31, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Outstanding commodity forward contracts	'
	The Company primarily utilizes commodity contracts with maturities of less than 12 months. The impact of such contracts is intended to offset the effect of price fluctuations on actual inventory purchases. Outstanding commodity forward contracts in place to hedge the Company’s projected commodity purchases were as follows:

	As of March 31, 2014:
	Commodity	Trade Date		Effective Date	Notional Amount		Termination Date
	Copper	6/21/13		10/1/13	$2,169		6/30/14
	Copper	1/31/14		2/1/14	$3,879		12/31/14
	Copper	3/11/14		4/1/14	$3,014		12/31/14


	As of December 31, 2013:
	Commodity		Trade Date	Effective Date	Notional Amount		Termination Date
	Copper		6/21/13	10/1/13	$2,169		6/30/14


	As of March 31, 2013:
	Commodity		Trade Date	Effective Date	Notional Amount		Termination Date
	Copper		10/29/12	1/1/13	$3,472		9/30/13
	Copper		2/26/13	3/1/13	$2,677		12/31/13
	Copper		3/1/13	3/1/13	$2,636		12/31/13
Foreign currency contracts	'
	As of March 31, 2014 and December 31, 2013, the following foreign currency contracts were outstanding:


	As of March 31, 2014:
	Currency Denomination					Notional Amount
	United States Dollar (USD)					450
	British Pound Sterling (GBP)					3,000

	As of December 31, 2013:
	Currency Denomination					Notional Amount
	United States Dollar (USD)					650
	British Pound Sterling (GBP)					4,000
Fair value of derivatives	'
	The following table presents the fair value of the Company’s derivatives:

			March 31,				December 31,
			2014				2013
	Commodity contracts		$	(255	)		$	69
	Foreign currency contracts			(30	)			56
	Interest rate swaps			452				1,236
	Net derivatives asset		$	167			$	1,361
Impact of interest rate swaps and commodity contracts	'
	The following presents the impact of interest rate swaps, commodity contracts and foreign currency contracts on the condensed consolidated statements of comprehensive income for the three months ended March 31, 2014 and 2013:

			Amount of (loss) recognized in Accumulated Other Comprehensive Loss for the three months ended March 31,						Location of gain (loss) recognized in net income on ineffective portion of hedges	Amount of (loss) reclassified from Accumulated Other Comprehensive Loss into net income for the three months ended March 31,					Amount of gain (loss) recognized in net income on hedges (ineffective portion) for the three months ended March 31,
			2014				2013			2014		2013			2014			2013
	Derivatives designated as hedging instruments
	Interest rate swaps		$	(500	)		$	-	Interest expense	$	-	$	-		$	-		$	-

	Derivatives not designated as hedging instruments
	Interest rate swaps (1)		$	-			$	-	Interest expense	$	-	$	(1,002	)	$	-		$	1,206
	Commodity contracts		$	-			$	-	Cost of goods sold	$	-	$	-		$	(368	)	$	(292	)

	(1) Amounts recorded for the three months ended March 31, 2013 relate to interest rate swap agreements outstanding as of May 30, 2012, the date the hedging relationships for these agreements were terminated

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Measurements [Abstract]	'
Assets (liabilities) measured at fair value on a recurring basis	'
	Assets (liabilities) measured at fair value on a recurring basis are as follows:

					Fair Value Measurement Using
					Quoted Prices in Active Markets for Identical Contracts (Level 1)		Significant
		Total					Other Observable Inputs
		31-Mar-14					(Level 2)
	Interest rate swaps	$	452		$	–	$	452
	Commodity contracts	$	(255	)	$	–	$	(255	)
	Foreign currency contracts	$	(30	)	$	–	$	(30	)

					Fair Value Measurement Using
					Quoted Prices in Active Markets for Identical Contracts (Level 1)		Significant
		Total					Other Observable Inputs
		31-Dec-13					(Level 2)
	Interest rate swaps	$	1,236		$	–	$	1,236
	Commodity contracts	$	69		$	–	$	69
	Foreign currency contracts	$	56		$	–	$	56

Segment_Reporting_Tables

Segment Reporting (Tables)	3 Months Ended
Segment Reporting (Tables)	Mar. 31, 2014
Segment Reporting [Abstract]	'
Net sales between residential, industrial/commercial and other products	'
	The Company's product offerings consist primarily of power products with a range of power output geared for varying end customer uses. Residential power products and commercial & industrial power products are each a similar class of products based on similar power output and end customer usage. The breakout of net sales between residential, commercial & industrial, and other products is as follows:

		Three Months Ended March 31,
		2014		2013
	Residential power products	$	163,969	$	255,244
	Commercial & industrial power products		157,370		127,080
	Other		20,669		17,248
	Total	$	342,008	$	399,572

Balance_Sheet_Details_Tables

Balance Sheet Details (Tables)	3 Months Ended
Balance Sheet Details (Tables)	Mar. 31, 2014
Balance Sheet Details [Abstract]	'
Inventories	'
	Inventories consist of the following:

		March 31,			December 31,
		2014			2013
	Raw material	$	178,069		$	183,787
	Work-in-process		7,863			9,620
	Finished goods		112,883			113,404
	Reserves for excess and obsolescence		(6,508	)		(6,558	)
	Total	$	292,307		$	300,253
Property and equipment	'
	Property and equipment consists of the following:

		March 31,			December 31,
		2014			2013
	Land and improvements	$	7,452		$	7,416
	Buildings and improvements		96,597			96,161
	Machinery and equipment		57,898			54,847
	Dies and tools		17,541			17,071
	Vehicles		1,984			1,979
	Office equipment		18,446			17,304
	Leasehold improvements		2,257			2,229
	Construction in progress		9,239			9,724
	Gross property and equipment		211,414			206,731
	Accumulated depreciation		(63,397	)		(60,341	)
	Total	$	148,017		$	146,390
Other accrued liabilities	'
	Other accrued liabilities consist of the following:

		March 31,			December 31,
		2014			2013
	Accrued commissions	$	11,706		$	10,254
	Accrued interest		10,524			10,907
	Product warranty obligations – short term		24,253			26,080
	Deferred revenue related to extended warranty – short term		4,865			3,325
	Accrued dividends for unvested restricted stock		2,138			2,472
	Accrued volume rebates		6,548			9,418
	Accrued customer prepayments		3,279			3,393
	Other accrued selling expenses		7,413			8,659
	Earn-out obligations		12,518			12,518
	Other accrued liabilities		1,849			5,971
	Total	$	85,093		$	92,997
Other long term liabilities	'
	Other long-term liabilities consist of the following:

		March 31,			December 31,
		2014			2013
	Accrued pension costs	$	10,034		$	10,385
	Product warranty obligations – long term		7,654			7,654
	Deferred revenue related to extended warranty – long term		19,767			19,767
	Deferred tax liabilities		14,360			14,966
	Other long-term liabilities		1,952			2,168
	Total	$	53,767		$	54,940

Product_Warranty_Obligations_T

Product Warranty Obligations (Tables)	3 Months Ended
Product Warranty Obligations (Tables)	Mar. 31, 2014
Product Warranty Obligations [Abstract]	'
Changes in product warranty obligation	'
	The following is a tabular reconciliation of the product warranty liability, excluding the deferred revenue related to extended warranty coverage:

		For the three months ended March 31,
		2014			2013
	Balance at beginning of period	$	33,734		$	36,112
	Payments		(6,723	)		(5,694	)
	Provision for warranties issued		6,039			10,989
	Changes in estimates for pre-existing warranties		(1,143	)		(1,200	)
	Balance at end of period	$	31,907		$	40,207

	The following is a tabular reconciliation of the deferred revenue related to extended warranty coverage:

		For the three months ended March 31,
		2014			2013
	Balance at beginning of period	$	23,092		$	13,473
	Deferred revenue on extended warranty contracts sold		2,219			2,138
	Amortization of deferred revenue on extended warranty contracts		(679	)		(569	)
	Balance at end of period	$	24,632		$	15,042
Product warranty obligations included in consolidated balance sheets	'
	Product warranty obligations and warranty related deferred revenues are included in the balance sheets as follows:

		March 31,			December 31,
		2014			2013
	Product warranty liability
	Current portion - other accrued liabilities	$	24,253		$	26,080
	Long-term portion - other long-term liabilities		7,654			7,654
	Total	$	31,907		$	33,734

	Deferred revenue related to extended warranty
	Current portion - other accrued liabilities	$	4,865		$	3,325
	Long-term portion - other long-term liabilities		19,767			19,767
	Total	$	24,632		$	23,092

Credit_Agreements_Tables

Credit Agreements (Tables)	3 Months Ended
Credit Agreements (Tables)	Mar. 31, 2014
Credit Agreements [Abstract]	'
Short-term borrowings	'
	Short-term borrowings are included in the balance sheets as follows:

		March 31,			December 31,
		2014			2013
	ABL facility	$	-		$	-
	Other lines of credit, as described below		7,004			9,575
	Total	$	7,004		$	9,575
Long-term borrowings	'
	Long-term borrowings are included in the balance sheets as follows:
		March 31,			December 31,
		2014			2013
	Term loan	$	1,194,000		$	1,197,000
	Original issue discount		(12,283	)		(12,735	)
	Capital lease obligation		2,482			2,529
	Other		712			1,026
	Total		1,184,911			1,187,820
	Less current portion of debt		12,356			12,286
	Less current portion of capital lease obligation		187			185
	Total	$	1,172,368		$	1,175,349

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Computation of basic and diluted net income per share	'
	The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share:

		Three months ended March 31,
		2014		2013
	Numerator- net income	$	34,701	$	50,674
	Denominator- weighted average shares
	Basic		68,421,800		67,864,475
	Dilutive effect of stock compensation awards (1)		1,586,690		1,690,466
	Diluted		70,008,490		69,554,941
	Net income per share
	Basic	$	0.51	$	0.75
	Diluted	$	0.5	$	0.73


	(1) Excludes approximately 22,000 stock options and 400 shares of restricted stock for the three month period ended March 31, 2014 as the impact of such awards was anti-dilutive. Excludes approximately 250,000 stock options and 60,000 shares of restricted stock for the three month period ended March 31, 2013 as the impact of such awards was anti-dilutive.

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Components of accumulated other comprehensive loss [Abstract]	'	'	'
Foreign currency translation adjustment	$1,275	'	$1,204
Pension liability, net of tax of $886	-4,393	'	-4,393
Unrealized gain on cash flow hedges, net of tax of $178 and $462	274	'	774
Accumulated other comprehensive loss	-2,844	-13,494	'
Pension liability, tax effect	886	'	886
Unrealized losses on cash flow hedges, tax effect	178	'	462
Accumulated Other Comprehensive Income Loss [Line Items]	'	'	'
Accumulated other comprehensive loss, beginning balance	-2,415	-14,496	'
Other comprehensive income before reclassifications	-429	0	'
Amounts reclassified from accumulated other comprehensive loss	0	1,002	'
Net current-period other comprehensive income	-429	1,002	'
Accumulated other comprehensive loss, ending balance	-2,844	-13,494	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'
Net of tax	0	1,002	'
Interest expense [Member]	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'
Gross	0	-1,048	'
Tax benefit	0	46	'
Net of tax	0	-1,002	'
Foreign Currency Translation Adjustments [Member]	'	'	'
Components of accumulated other comprehensive loss [Abstract]	'	'	'
Accumulated other comprehensive loss	1,275	-34	'
Accumulated Other Comprehensive Income Loss [Line Items]	'	'	'
Accumulated other comprehensive loss, beginning balance	1,204	-34	'
Other comprehensive income before reclassifications	71	0	'
Amounts reclassified from accumulated other comprehensive loss	0	0	'
Net current-period other comprehensive income	71	0	'
Accumulated other comprehensive loss, ending balance	1,275	-34	'
Defined Benefit Pension Plan [Member]	'	'	'
Components of accumulated other comprehensive loss [Abstract]	'	'	'
Accumulated other comprehensive loss	-4,393	-12,081	'
Accumulated Other Comprehensive Income Loss [Line Items]	'	'	'
Accumulated other comprehensive loss, beginning balance	-4,393	-12,081	'
Other comprehensive income before reclassifications	0	0	'
Amounts reclassified from accumulated other comprehensive loss	0	0	'
Net current-period other comprehensive income	0	0	'
Accumulated other comprehensive loss, ending balance	-4,393	-12,081	'
Unrealized gain (loss) on cash flow hedges [Member]	'	'	'
Components of accumulated other comprehensive loss [Abstract]	'	'	'
Accumulated other comprehensive loss	274	-1,379	'
Accumulated Other Comprehensive Income Loss [Line Items]	'	'	'
Accumulated other comprehensive loss, beginning balance	774	-2,381	'
Other comprehensive income before reclassifications	-500	0	'
Amounts reclassified from accumulated other comprehensive loss	0	1,002	'
Net current-period other comprehensive income	-500	1,002	'
Accumulated other comprehensive loss, ending balance	$274	($1,379)	'

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Details)

3 Months Ended

12 Months Ended

3 Months Ended

In Thousands, unless otherwise specified

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2010

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

USD ($)

Interest rate swaps [Member]

Commodity contracts [Member]

Commodity forward contract one [Member]

Commodity forward contract two [Member]

Commodity Forward Contract Three [Member]

Commodity forward contract Four [Member]

Commodity forward contract Five [Member]

Commodity Forward Contract Six [Member]

Commodity Forward Contract Seven [Member]

Interest rate swap one [Member]

Interest rate swap two [Member]

Foreign Currency Contract [Member]

Derivatives designated as hedging instruments [Member]

Derivatives not designated as hedging instruments [Member]

Contract

USD ($)

GBP (£)

USD ($)

GBP (£)

DerivativeContract

Interest rate swaps [Member]

USD ($)

Commodity contracts [Member]

Foreign Currency Contract [Member]

DerivativeContract

USD ($)

Derivative [Line Items]

Maturity period of contracts, maximum (in months)

'12 months

Number of outstanding contracts

Derivative, notional amount

$3,472

$2,169

$3,879

$3,014

$2,677

$2,636

$100,000

$200,000

$100,000

$450

£ 3,000

$650

£ 4,000

Number of new contracts entered

Total gains or losses recognized

-326

-292

Derivative, fixed rate (in hundredths)

1.74%

1.91%

1.73%

1.74%

2.22%

1.03%

Net derivatives liability

452

1,236

167

1,361

-255

-30

Fair value of derivative contracts excluding impact of credit risk

176

1,385

Outstanding commodity forward contracts [Abstract]

Trade Date

29-Oct-12

21-Jun-13

31-Jan-14

11-Mar-14

26-Feb-13

1-Mar-13

Effective Date

1-Jan-13

1-Oct-13

1-Feb-14

1-Apr-14

1-Mar-13

Notional Amount

$3,472

$2,169

$3,879

$3,014

$2,677

$2,636

$100,000

$200,000

$100,000

$450

£ 3,000

$650

£ 4,000

Termination Date

30-Sep-13

30-Jun-14

31-Dec-14

31-Dec-13

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities, Impact on condensed Consolidated Statements of Comprehensive Income (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Interest expense [Member] \| Interest rate swaps [Member] \| Derivatives designated as hedging instruments [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of gain (loss) recognized in Accumulated Other Comprehensive Loss	($500)		$0
Amount of loss reclassified from Accumulated Other Comprehensive Loss into net income	0		0
Amount of gain (loss) recognized in net income on hedges (ineffective portion)	0		0
Interest expense [Member] \| Interest rate swaps [Member] \| Derivatives not designated as hedging instruments [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of gain (loss) recognized in Accumulated Other Comprehensive Loss	0	[1]	0	[1]
Amount of loss reclassified from Accumulated Other Comprehensive Loss into net income	0	[1]	-1,002	[1]
Amount of gain (loss) recognized in net income on hedges (ineffective portion)	0	[1]	1,206	[1]
Cost of goods Sold [Member] \| Commodity contracts [Member] \| Derivatives not designated as hedging instruments [Member]	'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'
Amount of gain (loss) recognized in Accumulated Other Comprehensive Loss	0		0
Amount of loss reclassified from Accumulated Other Comprehensive Loss into net income	0		0
Amount of gain (loss) recognized in net income on hedges (ineffective portion)	($368)		($292)

[1]	Amounts recorded for the three months ended March 31, 2013 relate to interest rate swap agreements outstanding as of May 30, 2012, the date the hedging relationships for these agreements were terminated

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of long-term debt	$1,182,429	'
Aggregate carrying value of long-term debt	1,182,429	'
Interest rate swaps [Member] \| Fair value measurements on recurring basis [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	452	1,236
Interest rate swaps [Member] \| Fair value measurements on recurring basis [Member] \| Quoted Prices in Active Markets for Identical Contracts (Level 1) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	0	0
Interest rate swaps [Member] \| Fair value measurements on recurring basis [Member] \| Significant Other Observable Inputs (Level 2) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	452	1,236
Commodity contracts [Member] \| Fair value measurements on recurring basis [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	-255	69
Commodity contracts [Member] \| Fair value measurements on recurring basis [Member] \| Quoted Prices in Active Markets for Identical Contracts (Level 1) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	0	0
Commodity contracts [Member] \| Fair value measurements on recurring basis [Member] \| Significant Other Observable Inputs (Level 2) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	-255	69
Foreign Currency Contract [Member] \| Fair value measurements on recurring basis [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	-30	56
Foreign Currency Contract [Member] \| Fair value measurements on recurring basis [Member] \| Quoted Prices in Active Markets for Identical Contracts (Level 1) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	0	0
Foreign Currency Contract [Member] \| Fair value measurements on recurring basis [Member] \| Significant Other Observable Inputs (Level 2) [Member]	'	'
Assets (liabilities) measured at fair value on a recurring basis [Abstract]	'	'
Fair value of derivatives	($30)	$56

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	Segment	Mar. 31, 2013	Dec. 31, 2013
Segment Reporting [Abstract]	'	'	'
Number of operating segments	1	'	'
Sales in the United States representing percentage of total sales (in hundredths)	85.00%	91.00%	'
Identifiable long-lived assets	90.00%	'	90.00%
Revenue from External Customer [Line Items]	'	'	'
Net sales	$342,008	$399,572	'
Residential power products [Member]	'	'	'
Revenue from External Customer [Line Items]	'	'	'
Net sales	163,969	255,244	'
Industrial and commercial power products [Member]	'	'	'
Revenue from External Customer [Line Items]	'	'	'
Net sales	157,370	127,080	'
Other [Member]	'	'	'
Revenue from External Customer [Line Items]	'	'	'
Net sales	$20,669	$17,248	'

Balance_Sheet_Details_Details

Balance Sheet Details (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Inventories [Abstract]	'	'
Raw materials	$178,069	$183,787
Work-in-process	7,863	9,620
Finished goods	112,883	113,404
Reserves for excess and obsolescence	-6,508	-6,558
Total	292,307	300,253
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	211,414	206,731
Accumulated depreciation	-63,397	-60,341
Total	148,017	146,390
Other accrued liabilities [Abstract]	'	'
Accrued commissions	11,706	10,254
Accrued interest	10,524	10,907
Product warranty obligations - short term	24,253	26,080
Deferred revenue related to extended warranty - short term	4,865	3,325
Accrued dividends for unvested restricted stock	2,138	2,472
Accrued volume rebates	6,548	9,418
Accrued customer prepayments	3,279	3,393
Other accrued selling expenses	7,413	8,659
Earn-out obligations	12,518	12,518
Other accrued liabilities	1,849	5,971
Total	85,093	92,997
Other long-term liabilities [Abstract]	'	'
Accrued pension costs	10,034	10,385
Product warranty obligations - long term	7,654	7,654
Deferred revenue related to extended warranty - long term	19,767	19,767
Deferred tax liabilities	14,360	14,966
Other long-term liabilities	1,952	2,168
Total	53,767	54,940
Land and improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	7,452	7,416
Buildings and improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	96,597	96,161
Machinery and Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	57,898	54,847
Dies and tools [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	17,541	17,071
Vehicles [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	1,984	1,979
Office equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	18,446	17,304
Leasehold improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	2,257	2,229
Construction in progress [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross property and equipment	$9,239	$9,724

Product_Warranty_Obligations_D

Product Warranty Obligations (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Changes in product warranty obligations [Roll Forward]	'	'	'
Balance at beginning of period	$33,734	$36,112	'
Payments	-6,723	-5,694	'
Provision for warranties issued	6,039	10,989	'
Charged to operations	-1,143	-1,200	'
Balance at end of period	31,907	40,207	'
Deferred revenue related to extended warranty coverage [Roll Forward]	'	'	'
Balance at beginning of year	23,092	13,473	'
Deferred revenue on extended warranty contracts sold	2,219	2,138	'
Amortization of deferred revenue on extended warranty contracts	-679	-569	'
Balance at end of year	24,632	15,042	'
Product warranty obligations included in consolidated balance sheets [Abstract]	'	'	'
Current portion - other accrued liabilities	24,253	'	26,080
Long-term portion - other long-term liabilities	7,654	'	7,654
Total	31,907	'	33,734
Other accrued liabilities	24,253	'	26,080
Other long-term liabilities	7,654	'	7,654
Balance at end of period	31,907	40,207	'
Deferred revenue related to extended warranty [Abstract]	'	'	'
Current portion - other accrued liabilities	4,865	'	3,325
Long-term portion - other long-term liabilities	19,767	'	19,767
Total	24,632	15,042	'
Product warranty obligations included in consolidated balance sheets [Abstract]	'	'	'
Current portion - other accrued liabilities	24,253	'	26,080
Long-term portion - other long-term liabilities	7,654	'	7,654
Total	31,907	'	33,734
Other accrued liabilities	24,253	'	26,080
Other long-term liabilities	7,654	'	7,654
Balance at end of period	$31,907	$40,207	'

Credit_Agreements_Details

Credit Agreements (Details) (USD $)

1 Months Ended

3 Months Ended

1 Months Ended

5 Months Ended

In Thousands, except Per Share data, unless otherwise specified

31-May-13

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2012

31-May-13

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

31-May-13

30-May-12

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Term Loan [Member]

ABL revolving credit facility [Member]

ABL Revolving Credit Facility [Member]

Other lines of credit, as described below [Member]

Base rate [Member]

Adjusted LIBOR rate [Member]

LIBOR Floor Rate [Member]

Base rate [Member]

Adjusted LIBOR rate [Member]

Short-term borrowings [Abstract]

Short-term borrowings

$7,004

$9,575

$7,004

$9,575

Long-term debt [Abstract]

Discount on debt

-12,283

-12,735

Capital Lease Obligations

2,482

2,529

Other Borrowings

712

1,026

Long-term debt and capital lease obligation, gross

1,184,911

1,187,820

1,194,000

1,197,000

Less current portion of debt

12,356

12,286

Less current portion of capital lease obligation

187

185

Total

1,172,368

1,175,349

Maximum borrowing capacity

1,200,000

150,000

Uncommitted incremental term loan facility

300,000

Maturity date of debt

31-May-20

Cash dividend (in dollars per share)

Covenant description

'The New ABL Credit Agreement requires the Borrower to maintain a minimum consolidated fixed charge coverage ratio of 1.0x, tested on a quarterly basis, when Availability plus the amount of Qualified Cash (up to $5,000) (as defined in the New ABL Credit Agreement) under the ABL Facility is less than the greater of (i)B 10.0% of the Line Cap (as defined in the New ABL Credit Agreement) and (ii)B $10,000. The New ABL Credit Agreement also contains covenants and events of default substantially similar to those in the New Term Loan Credit Agreement, as described above. As of March 31, 2014, no amounts were outstanding under the ABL Facility.

Percentage of term loan amortization (in hundredths)

0.25%

Basis spread on variable rate (in hundredths)

1.75%

2.75%

0.75%

1.00%

2.00%

Basis spread on variable rate in second quarter of 2014 if net debt leverage ratio falls below 3.00 to 1.00 (in hundredths)

1.50%

2.50%

Fixed charge coverage ratio in multiple

'1.0x

Qualified Cash

5,000

Percentage of aggregate commitments (in hundredths)

10.00%

Amount availability under agreements as per covenants

10,000

Cash and cash equivalents

173,740

150,147

54,337

108,023

Line of credit facility amount available

$148,500

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Computation of basic and diluted net income per share [Abstract]	'		'
Numerator- net income	$34,701		$50,674
Denominator- weighted average shares	'		'
Basic (in shares)	68,421,800		67,864,475
Dilutive effect of stock compensation awards (in shares)	1,586,690	[1]	1,690,466	[1]
Diluted (in shares)	70,008,490		69,554,941
Net income per share	'		'
Basic (in dollars per share)	$0.51		$0.75
Diluted (in dollars per share)	$0.50		$0.73
Stock Options [Member]	'		'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'		'
Antidilutive securities excluded from computation of earnings per share (in shares)	22,000		25,000
Restricted Stock [Member]	'		'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'		'
Antidilutive securities excluded from computation of earnings per share (in shares)	400		60,000

[1]	Excludes approximately 22,000 stock options and 400 shares of restricted stock for the three month period ended March 31, 2014 as the impact of such awards was anti-dilutive. Excludes approximately 250,000 stock options and 60,000 shares of restricted stock for the three month period ended March 31, 2013 as the impact of such awards was anti-dilutive.

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended
Income Taxes (Details)	Mar. 31, 2014	Mar. 31, 2013
Income Taxes [Abstract]	'	'
Effective income tax rates (in hundredths)	36.00%	36.20%

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Commitments and Contingencies [Abstract]	'	'
Amount financed by dealers	$27,000	$24,300

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent Event [Member], USD $)	Apr. 30, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014
Subsequent Event [Member]	'
Subsequent Event [Line Items]	'
Prepaid new term loan	$12,000