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)

6 Months Ended

Jun. 30, 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 gain before reclassifications			1,401				—				1,401
Amounts reclassified from accumulated other comprehensive income (loss): (1)			(1,516	)			(107	)			(1,623	)
Balance at June 30, 2023		$	6,000			$	2,906			$	8,906

(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains		$	(144	)
Tax expense			37
Reclassification net of tax		$	(107	)

Realized gains on interest rate swaps reclassified to interest expense		$	(2,048	)
Tax expense			532
Reclassification net of tax		$	(1,516	)

		*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			4,443				—				4,443
Amounts reclassified from accumulated other comprehensive income (loss): (1)			1,329				(82	)			1,247
Balance at June 30, 2022		$	2,248			$	2,389			$	4,637

(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains		$	(110	)
Tax expense			28
Reclassification net of tax		$	(82	)

Realized losses on interest rate swaps reclassified to interest expense		$	1,796
Tax benefit			(467	)
Reclassification net of tax		$	1,329