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 2 - Summary of Significant Accounting Policies (Tables)

Note 2 - Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

		*Balance at*				*Additions (reductions)*												*Balance at*
		*December 31,*				*charged to*								*Changes to*				*December 31,*
		*2024*				*earnings*				*Writeoffs*				*reserve, net*				*2025*
Year Ended December 31, 2025
Work Truck Attachments		$	1,768			$	400			$	(174	)		$	62			$	2,056
Work Truck Solutions			604				(121	)			(2	)			25				506
Total		$	2,372			$	279			$	(176	)		$	87			$	2,562

		*Balance at*				*Additions (reductions)*												*Balance at*
		*December 31,*				*charged to*								*Changes to*				*December 31,*
		*2023*				*earnings*				*Writeoffs*				*reserve, net*				*2024*
Year Ended December 31, 2024
Work Truck Attachments		$	1,400			$	404			$	(41	)		$	5			$	1,768
Work Truck Solutions			246				298				-				60				604
Total		$	1,646			$	702			$	(41	)		$	65			$	2,372

Property, Plant and Equipment [Table Text Block]

		*Years*
Land improvements and buildings		15 - 40
Leasehold improvements		12
Machinery and equipment		3 - 20
Furniture and fixtures		3 - 12
Mobile equipment and other		3 - 10

Schedule of Changes In Deferred Financing Costs [Table Text Block]

Balance at December 31, 2022		$	1,301
Deferred financing costs capitalized on new debt			334
Amortization of deferred financing costs			(475	)
Balance at December 31, 2023			1,160
Deferred financing costs capitalized on new debt			278
Amortization of deferred financing costs			(591	)
Balance at December 31, 2024			847
Deferred financing costs capitalized on new debt			863
Write-off of unamortized deferred financing costs			(131	)
Amortization of deferred financing costs			(139	)
Balance at December 31, 2025		$	1,440

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		*Fair Value at December 31, 2025*				*Fair Value at December 31, 2024*
Assets:
Non-qualified benefit plan assets (a)		$	12,038			$	10,482
Interest rate swaps (b)			698				2,340
Steel hedging instrument (d)			50				-

Total Assets		$	12,786			$	12,822

Liabilities:
Long-term debt (c)			144,018				147,526
Steel hedging instrument (d)			-				54

Total Liabilities		$	144,018			$	147,580