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

Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)

Note 17 - Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

		*Unrealized*
		*Net Gain (Loss)*				*Retiree*
		*on Interest*				*Health*
		*Rate*				*Benefit*
		*Swap*				*Obligation*				*Total*
Balance at December 31, 2022		$	6,115			$	3,013			$	9,128
Other comprehensive loss before reclassifications			(871	)			—				(871	)
Amounts reclassified from accumulated other comprehensive income (loss): (1)			(665	)			(53	)			(718	)
Balance at March 31, 2023		$	4,579			$	2,960			$	7,539

(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains		$	(72	)
Tax expense			19
Reclassification net of tax		$	(53	)

Realized gains on interest rate swaps reclassified to interest expense		$	(899	)
Tax expense			234
Reclassification net of tax		$	(665	)

		*Unrealized*
		*Net Gain (Loss)*				*Retiree*
		*on Interest*				*Health*
		*Rate*				*Benefit*
		*Swap*				*Obligation*				*Total*
Balance at December 31, 2021		$	(3,524	)		$	2,471			$	(1,053	)
Other comprehensive gain before reclassifications			3,517				—				3,517
Amounts reclassified from accumulated other comprehensive income (loss): (1)			762				(41	)			721
Balance at March 31, 2022		$	755			$	2,430			$	3,185

(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains		$	(55	)
Tax expense			14
Reclassification net of tax		$	(41	)

Realized losses on interest rate swaps reclassified to interest expense		$	1,030
Tax benefit			(268	)
Reclassification net of tax		$	762