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

6 Months Ended

Jun. 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				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2015		2014		2015		2014

Component of net periodic pension cost:
Service cost	$	64	$	54	$	128	$	108
Interest cost		372		374		744		748
Expected return on plan assets		(407)		(408)		(814)		(816)
Amortization of net loss		255		51		510		102
Net periodic pension cost	$	284	$	71	$	568	$	142

The Company estimates its total required minimum contributions to its pension plans in 2015 will be $1,126. Through June 30, 2015, the Company has made $476 of cash contributions to the pension plans versus $807 through the same period in 2014.

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



	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2015		2014		2015		2014

Component of periodic other postretirement benefit cost (gain):
Service cost	$	57	$	40	$	114	$	79
Interest cost		64		53		128		107
Amortization of net gain		(17)		(100)		(34)		(199)
Net periodic other postretirement benefit cost (gain)	$	104	$	(7)	$	208	$	(13)