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

Changes in Accumulated Other Comprehensive Loss by Component

6 Months Ended

Jun. 30, 2021

17.

Changes in Accumulated Other Comprehensive Loss by Component

Changes to accumulated other comprehensive loss by component for the six months ended June 30, 2021 are as follows:



	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 loss before reclassifications		(21)		—		(21)
Amounts reclassified from accumulated other comprehensive loss: (1)		1,560		(115)		1,445
Balance at June 30, 2021	$	(6,069)	$	1,998	$	(4,071)

(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(156)
Tax expense		41
Reclassification net of tax	$	(115)

Realized losses on interest rate swaps reclassified to interest expense	$	2,108
Tax benefit		(548)
Reclassification net of tax	$	1,560

Changes to accumulated other comprehensive loss by component for the six months ended June 30, 2020 are 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 before reclassifications		(4,612)		-		(4,612)
Amounts reclassified from accumulated other comprehensive loss: (1)		914		(114)		800
Balance at June 30, 2020	$	(8,721)	$	2,095	$	(6,626)

(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(154)
Tax expense		40
Reclassification net of tax	$	(114)

Realized losses on interest rate swaps reclassified to interest expense	$	1,235
Tax benefit		(321)
Reclassification net of tax	$	914