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

Note 14 - Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

	*2023*		*2022*		*2021*
Basic earnings per common share
Net income	$	23,723	$	38,609	$	30,691
Less income allocated to participating securities		528		741		503
Net income allocated to common shareholders	$	23,195	$	37,868	$	30,188
Weighted average common shares outstanding		22,962,591		22,915,543		22,954,523
	$	1.01	$	1.65	$	1.31
Earnings per common share assuming dilution
Net income	$	23,723	$	38,609	$	30,691
Less income allocated to participating securities		528		741		503
Net income allocated to common shareholders	$	23,195	$	37,868	$	30,188
Weighted average common shares outstanding		22,962,591		22,915,543		22,954,523
Incremental shares applicable to stock based compensation		-		1,281		10,209
Weighted average common shares assuming dilution		22,962,591		22,916,824		22,964,732
	$	0.98	$	1.63	$	1.29