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

Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2014



	Three months ended
	March 31,		March 31,
	2014		2013
Basic earnings (loss) per common share
Net income (loss)	$	1,575	$	(3,404)
Less income (loss) allocated to participating securities		23		(43)
Net income (loss) allocated to common shareholders	$	1,552	$	(3,361)
Weighted average common shares outstanding		22,103,167		21,971,055
	$	0.07	$	(0.15)

Earnings (loss) per common share assuming dilution
Net income (loss)	$	1,575	$	(3,404)
Less income (loss) allocated to participating securities		23		(43)
Net income (loss) allocated to common shareholders	$	1,552	$	(3,361)
Weighted average common shares outstanding		22,103,167		21,971,055
Incremental shares applicable to stock based compensation		19,502		-
Weighted average common shares assuming dilution		22,122,669		21,971,055
	$	0.07	$	(0.15)