Douglas Dynamics, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Details)

Stock-Based Compensation (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended		12 Months Ended						12 Months Ended							3 Months Ended	12 Months Ended
	Dec. 31, 2013 A&R 2004 Plan	Dec. 31, 2013 2010 Plan	Dec. 31, 2013 Stock Options	Dec. 31, 2012 Stock Options	Dec. 31, 2011 Stock Options	Dec. 31, 2011 Stock Options A&R 2004 Plan	Dec. 31, 2013 Stock Options A&R 2004 Plan	Dec. 31, 2012 Stock Options A&R 2004 Plan	Dec. 31, 2013 Restricted Stock	Dec. 31, 2012 Restricted Stock	Dec. 31, 2011 Restricted Stock	Dec. 31, 2010 Restricted Stock	Dec. 31, 2013 Performance Based Awards 2010 Plan	Dec. 31, 2012 Performance Based Awards 2010 Plan	Dec. 31, 2011 Performance Based Awards 2010 Plan	Mar. 31, 2014 Performance Based Awards 2010 Plan Subsequent	Dec. 31, 2013 Restricted Stock Unit Awards	Dec. 31, 2012 Restricted Stock Unit Awards	Dec. 31, 2011 Restricted Stock Unit Awards	Dec. 31, 2013 Restricted Stock Unit Awards Non-employee director	Dec. 31, 2013 Restricted Stock Unit Awards Management item
Stock-based compensation
Number of shares of common stock reserved for issuance	37,240	1,595,858
Expiration period	10 years
Maximum number of shares of common stock that may be issued		2,130,000
Options
Outstanding at the beginning of the year (in shares)						356,623	37,240	37,240
Exercised (in shares)			0	0		(319,383)
Outstanding at the end of the year (in shares)						37,240	37,240	37,240
Exercisable at the end of the year (in shares)						37,240	37,240	37,240
Weighted average price
Outstanding at the beginning of the year (in dollars per share)						$ 4.21	$ 4.21	$ 4.21
Exercised (in dollars per share)						$ 4.21
Outstanding at the end of the year (in dollars per share)						$ 4.21	$ 4.21	$ 4.21
Exercisable at the end of the year (in dollars per share)						$ 4.21	$ 4.21	$ 4.21
Stock options, additional disclosure
Number of stock options exercised by stockholders utilizing a broker assisted cashless exercise (in shares)						184,236
Weighted-average remaining contractual life of stock awards			2 years 8 months 12 days	3 years 8 months 12 days	4 years 8 months 12 days
Weighted-average remaining contractual life of exercisable stock awards			2 years 8 months 12 days	3 years 8 months 12 days	4 years 8 months 12 days
Aggregate intrinsic value of stock awards			$ 470	$ 379
Aggregate intrinsic value of exercisable stock awards			470	379
Aggregate intrinsic value of stock awards exercised					3,200
Shares
Unvested at the beginning of the period (in shares)									208,823	235,667	242,088						26,046	18,893
Granted (in shares)									44,022	42,077	43,690			58,441	68,224		70,324	14,367	20,612
Vested (in shares)									(82,942)	(68,921)	(50,111)						(53,022)	(7,214)	(1,719)
Unvested at the end of the period (in shares)									169,903	208,823	235,667	242,088					43,348	26,046	18,893
Expected to vest in the future, at the end of the period (in shares)									163,786								41,787
Weighted Average Grant Date Fair Value
Unvested at the beginning of the period (in dollars per share)									$ 12.63	$ 12.27	$ 11.68						$ 14.73	$ 15.20
Granted (in dollars per share)									$ 14.78	$ 14.57	$ 14.99			$ 12.94	$ 15.01	$ 14.40	$ 14.52	$ 14.35	$ 15.21
Vested (in dollars per share)									$ 12.97	$ 12.61	$ 11.77						$ 14.68	$ 15.21	$ 15.25
Unvested at the end of the period (in dollars per share)									$ 13.03	$ 12.63	$ 12.27	$ 11.68					$ 14.46	$ 14.73	$ 15.20
Expected to vest in the future, at the end of the period (in dollars per share)									$ 13.03								$ 14.46
Weighted Average Remaining Contractual Term
Unvested at the beginning of the period									1 year 4 months 2 days	1 year 11 months 8 days	2 years 9 months 29 days	4 years 4 days					1 year 6 months 18 days	8 months 19 days	2 years
Granted									2 years	2 years	2 years						9 months 25 days	1 year 7 days
Unvested at the end of the period									1 year 4 months 2 days	1 year 11 months 8 days	2 years 9 months 29 days	4 years 4 days					1 year 6 months 18 days	8 months 19 days	2 years
Expected to vest in future, at the end of the period									1 year 4 months 2 days								1 year 6 months 18 days
Recognized and unrecognized compensation expense with weighted average recognition period
Compensation expenses recognized									1,126	1,092	848		609	756	1,024		852
Unrecognized compensation expense calculated under the fair value method for shares expected to vest									1,218	1,685			453				357
Minimum age of employee, attaining which awards are continued to be vested upon retirement																					65
Minimum service period, upon serving which awards are continued to be vested upon retirement																					10 years
Minimum age of employee along with service period condition, attaining which awards are continued to be vested upon retirement																					55
Accelerated stock based compensation expense																					$ 261
Number of shares issued upon exercise of units other than options																				1	1
Maximum period following a termination of service in which the share-based award will be settled																	2 months 15 days
Number of performance shares units that will be converted into RSU's																74,516
Percentage of RSU's issued that will immediately vest and be converted into common shares.																33.33%
Percentage of RSU's issued that will vest ratably over the remaining vesting period																66.67%
Vesting period of awards																2 years