Douglas Dynamics, Inc. Annual report pursuant to Section 13 and 15(d)

Changes in Accumulated Other Comprehensive Loss by Component (Tables)

12 Months Ended

Dec. 31, 2021



	Unrealized
	Net Loss			Retiree
	on Interest			Health
	Rate			Benefit
	Swap			Obligation	Total
Balance at December 31, 2020	$	(7,608)	$	2,113	$	(5,495)
Other comprehensive gain before reclassifications		943		589		1,532
Amounts reclassified from accumulated other comprehensive loss: (1)		3,141		(231)		2,910
Balance at December 31, 2021	$	(3,524)	$	2,471	$	(1,053)


(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gains (a)	$	(312)
Tax expense		81
Reclassification net of tax	$	(231)

Unrealized gains on interest rate swaps reclassified to interest expense	$	4,244
Tax expense		(1,103)
Reclassification net of tax	$	3,141

(a) – These components are included in the computation of benefit plan costs in Note 13.

Changes to accumulated other comprehensive loss by component for the year ended December 31, 2020 is as follows:



	Unrealized
	Net Loss			Retiree
	on Interest			Health
	Rate			Benefit
	Swap			Obligation	Total
Balance at December 31, 2019	$	(5,023)	$	2,209	$	(2,814)
Other comprehensive gain (loss) before reclassifications		(5,047)		133		(4,914)
Amounts reclassified from accumulated other comprehensive loss: (1)		2,462		(229)		2,233
Balance at December 31, 2020	$	(7,608)	$	2,113	$	(5,495)


(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gain (a)	$	(310)
Tax expense		81
Reclassification net of tax	$	(229)

Unrealized gains on interest rate swaps reclassified to interest expense	$	3,327
Tax expense		(865)
Reclassification net of tax	$	2,462



(a) – These components are included in the computation of benefit plan costs in Note 13.