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, 2014

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,
	2014		2013		2014		2013

Component of net periodic pension cost:
Service cost	$	54	$	62	$	108	$	123
Interest cost		374		362		748		724
Expected return on plan assets		(408)		(352)		(816)		(704)
Amortization of net loss		51		302		102		603
Net periodic pension cost	$	71	$	374	$	142	$	746

The Company estimates its total required minimum contributions to its pension plans in 2014 will be $1,409. Through June 30, 2014, the Company has made $807 of cash contributions to the pension plans versus $584 through the same period in 2013.

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,
	2014		2013		2014		2013

Component of periodic other postretirement benefit cost:
Service cost	$	40	$	63	$	79	$	125
Interest cost		53		61		107		122
Amortization of net gain		(100)		(43)		(199)		(86)
Net periodic other postretirement benefit cost (income)	$	(7)	$	81	$	(13)	$	161