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

Note 20 - Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)

12 Months Ended

Dec. 31, 2022

	*Unrealized*
	*Net Gain (Loss)*			*Retiree*
	*on Interest*			*Health*
	*Rate*			*Benefit*
	*Swap*			*Obligation*			*Total*
Balance at December 31, 2021	$	(3,524	)	$	2,471		$	(1,053	)
Other comprehensive gain before reclassifications		8,587			838			9,425
Amounts reclassified from accumulated other comprehensive income (loss): (1)		1,052			(296	)		756
Balance at December 31, 2022	$	6,115		$	3,013		$	9,128


(1) Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gains (a)	$	(400	)
Tax expense		104
Reclassification net of tax	$	(296	)

Realized losses on interest rate swaps reclassified to interest expense	$	1,421
Tax expense		(369	)
Reclassification net of tax	$	1,052

	*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 income (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 income (loss):
Amortization of Other Postretirement Benefit items:
Actuarial gain (a)	$	(312	)
Tax expense		81
Reclassification net of tax	$	(231	)

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