Douglas Dynamics, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Note 5 - Property, Plant and Equipment

Note 5 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment Disclosure [Text Block]

5. Property, plant and equipment

During the year ended December 31, 2024, the Company closed on a sale leaseback transaction with an unrelated third party. Under this transaction, the Company sold seven properties with a combined net book value of $21,852, see Note 6 for additional information. Property, plant and equipment are summarized as follows:

	*December 31,*
	*2024*			*2023*

Land	$	162		$	3,969
Land improvements		140			5,589
Leasehold improvements		7,028			6,582
Buildings		2,958			36,719
Machinery and equipment		82,332			79,065
Furniture and fixtures		27,214			25,920
Mobile equipment and other		5,601			5,287
Construction-in-process		4,737			5,125
Total property, plant and equipment		130,172			168,256
Less accumulated depreciation		(88,861	)		(100,916	)
Net property, plant and equipment	$	41,311		$	67,340