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

6 Months Ended

Jun. 30, 2016

Employee Retirement Plans

Employee Retirement Plans

8.Employee Retirement Plans

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



	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2016		2015		2016		2015

Component of net periodic pension cost:
Service cost	$	80	$	64	$	160	$	128
Interest cost		410		372		820		744
Expected return on plan assets		(456)		(407)		(912)		(814)
Amortization of net loss		181		255		362		510
Net periodic pension cost	$	215	$	284	$	430	$	568

The Company estimates its total required minimum contributions to its pension plans in 2016 will be $967. Through June 30, 2016, the Company has made $711 of cash contributions to the pension plans versus $476 through the same period in 2015.

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



	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2016		2015		2016		2015

Component of periodic other postretirement benefit cost:
Service cost	$	52	$	57	$	105	$	114
Interest cost		69		64		139		128
Amortization of net gain		(31)		(17)		(63)		(34)
Net periodic other postretirement benefit cost	$	90	$	104	$	181	$	208