Douglas Dynamics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Employee Retirement Plans

Employee Retirement Plans

3 Months Ended

Mar. 31, 2019

Employee Retirement Plans

Employee Retirement Plans

11. Employee Retirement Plans

The components of net periodic pension cost consist of the following:



	Three Months Ended
	March 31,		March 31,
	2019		2018

Component of net periodic pension cost:
Service cost	$	-	$	102
Interest cost		410		389
Expected return on plan assets		(294)		(475)
Amortization of net loss		149		176
Net periodic pension cost	$	265	$	192

The Company estimates its total required minimum contributions to its pension plans in 2019 will be $0. Through March 31, 2019, the Company has made $0 of cash contributions to the pension plans versus $14 through the same period in 2018.

Components of net periodic other postretirement benefit cost consist of the following:



	Three Months Ended
	March 31,		March 31,
	2019		2018

Component of periodic other postretirement benefit cost:
Service cost	$	37	$	47
Interest cost		63		58
Amortization of net gain		(78)		(52)
Net periodic other postretirement benefit cost	$	22	$	53

Service cost is included in Income from operations on the Condensed Consolidated Statement of Operations and Comprehensive Loss. The other components of net periodic pension and postretirement benefit cost are included in Other expense on the Condensed Consolidated Statement of Operations and Comprehensive Loss.