Douglas Dynamics, Inc. Quarterly report [Sections 13 or 15(d)]

Note 12 - Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2025

	*Three Months Ended*
	*March 31,*			*March 31,*
	*2025*			*2024*
*Basic earnings (loss) per common share*
Net income (loss)	$	148		$	(8,352	)
Less: Distributed and undistributed earnings allocated to nonvested shares		8			-
Net income (loss) allocated to common shareholders	$	140		$	(8,352	)
Weighted average common shares outstanding		23,121,555			23,009,369
	$	0.01		$	(0.37	)

*Diluted loss per common share*
Net income (loss) allocated to common shareholders - basic	$	140		$	(8,352	)
Add: Undistributed earnings allocated to nonvested shareholders		(161	)		-
Net loss allocated to common shareholders - diluted	$	(21	)	$	(8,352	)
Weighted average common shares outstanding - basic		23,121,555			23,009,369
Dilutive effect of participating securities		-			-
Weighted average common shares outstanding - diluted		23,121,555			23,009,369
	$	(0.00	)	$	(0.37	)