Douglas Dynamics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Employee Retirement Plans

Employee Retirement Plans

9 Months Ended

Sep. 30, 2015

Employee Retirement Plans

Employee Retirement Plans

8.Employee Retirement Plans

The components of net periodic pension cost consist of the following:



	Three months ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2015		2014		2015		2014

Component of net periodic pension cost:
Service cost	$	64	$	54	$	192	$	162
Interest cost		372		374		1,116		1,122
Expected return on plan assets		(407)		(408)		(1,221)		(1,224)
Amortization of net loss		255		51		765		153
Net periodic pension cost	$	284	$	71	$	852	$	213

The Company estimates its total required minimum contributions to its pension plans in 2015 will be $775. Through September 30, 2015, the Company has made $572 of cash contributions to the pension plans versus $1,108 through the same period in 2014.

Components of net periodic other postretirement benefit cost (gain) consist of the following:



	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2015		2014		2015		2014

Component of periodic other postretirement benefit cost (gain):
Service cost	$	57	$	40	$	171	$	119
Interest cost		64		53		192		160
Amortization of net gain		(17)		(100)		(51)		(299)
Net periodic other postretirement benefit cost (gain)	$	104	$	(7)	$	312	$	(20)