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

Note 19 - Changes in Accumulated Other Comprehensive Income by Component (Tables)

12 Months Ended

Dec. 31, 2024

	*Unrealized*			*Unrealized*
	*Net Gain (Loss)*			*Net Loss*			*Retiree*
	*on Interest*			*on Steel*			*Health*
	*Rate*			*Hedging*			*Benefit*
	*Swap*			*Instrument*			*Obligation*			*Total*
Balance at December 31, 2023	$	3,331		$	-		$	3,025		$	6,356
Other comprehensive gain (loss) before reclassifications		1,398			(40	)		1,031			2,389
Amounts reclassified from accumulated other comprehensive income: (1)		(2,893	)		-			(380	)		(3,273	)
Balance at December 31, 2024	$	1,836		$	(40	)	$	3,676		$	5,472


(1) Amounts reclassified from accumulated other comprehensive income:
Amortization of Other Postretirement Benefit items:
Actuarial gains (a)	$	(514	)
Tax expense		134
Reclassification net of tax	$	(380	)

Realized gains on interest rate swaps reclassified to interest expense	$	(3,910	)
Tax expense		1,017
Reclassification net of tax	$	(2,893	)


(a) – These components are included in the computation of benefit plan costs in Note 12.

	*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		607			411			1,018
Amounts reclassified from accumulated other comprehensive income: (1)		(3,391	)		(399	)		(3,790	)
Balance at December 31, 2023	$	3,331		$	3,025		$	6,356


(1) Amounts reclassified from accumulated other comprehensive income:
Amortization of Other Postretirement Benefit items:
Actuarial gains (a)	$	(539	)
Tax expense		140
Reclassification net of tax	$	(399	)

Realized gains on interest rate swaps reclassified to interest expense	$	(4,583	)
Tax expense		1,192
Reclassification net of tax	$	(3,391	)