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

Note 15 - Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

	*2022*		*2021*		*2020*
Basic earnings (loss) per common share
Net income (loss)	$	38,609	$	30,691	$	(86,553	)
Less income allocated to participating securities		741		503		-
Net income (loss) allocated to common shareholders	$	37,868	$	30,188	$	(86,553	)
Weighted average common shares outstanding		22,915,543		22,954,523		22,846,467
	$	1.65	$	1.31	$	(3.81	)
Earnings (loss) per common share assuming dilution
Net income (loss)	$	38,609	$	30,691	$	(86,553	)
Less income allocated to participating securities		741		503		-
Net income (loss) allocated to common shareholders	$	37,868	$	30,188	$	(86,553	)
Weighted average common shares outstanding		22,915,543		22,954,523		22,846,467
Incremental shares applicable to stock based compensation		1,281		10,209		-
Weighted average common shares assuming dilution		22,916,824		22,964,732		22,846,467
	$	1.63	$	1.29	$	(3.81	)