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

Note 12 - Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

	*Three Months Ended*				*Six Months Ended*
	*June 30,*		*June 30,*		*June 30,*		*June 30,*
	*2024*		*2023*		*2024*		*2023*
*Basic earnings per common share*
Net income	$	24,338	$	23,964	$	15,986	$	10,854
Less income allocated to participating securities		639		540		398		240
Net income allocated to common shareholders	$	23,699	$	23,424	$	15,588	$	10,614
Weighted average common shares outstanding		23,094,047		22,974,508		23,051,708		22,940,863
	$	1.03	$	1.02	$	0.68	$	0.46

*Earnings per common share assuming dilution*
Net income	$	24,338	$	23,964	$	15,986	$	10,854
Less income allocated to participating securities		639		540		398		240
Net income allocated to common shareholders	$	23,699	$	23,424	$	15,588	$	10,614
Weighted average common shares assuming dilution		23,094,047		22,974,508		23,051,708		22,940,863
	$	1.02	$	1.01	$	0.66	$	0.45