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

Quarterly report [Sections 13 or 15(d)]

Note 11 - Warranty Liability

Note 11 - Warranty Liability

6 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Product Warranty Disclosure [Text Block]

11.

Warranty Liability

The warranty reserve was $5,699 at June 30, 2025, of which $1,964 is included in Other long-term liabilities and $3,735 is included in Accrued expenses and other current liabilities in the accompanying Condensed Consolidated Balance Sheet. The warranty reserve was $5,559 at December 31, 2024, of which $2,180 is included in Other long-term liabilities and $3,379 is included in Accrued expenses and other current liabilities in the accompanying Condensed Consolidated Balance Sheet.

The following is a rollforward of the Company’s warranty liability:

	*Three Months Ended*						*Six Months Ended*
	*June 30,*			*June 30,*			*June 30,*			*June 30,*
	*2025*			*2024*			*2025*			*2024*

Balance at the beginning of the period	$	5,129		$	6,223		$	5,559		$	6,957
Warranty provision		1,003			1,003			2,083			1,672
Claims paid/settlements		(433	)		(545	)		(1,943	)		(1,948	)
Balance at the end of the period	$	5,699		$	6,681		$	5,699		$	6,681