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

Changes in Accumulated Other Comprehensive Loss by Component (Tables)

9 Months Ended

Sep. 30, 2021

Changes to accumulated other comprehensive loss by component for the nine months ended September 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		(177)		—		(177)
Amounts reclassified from accumulated other comprehensive loss: (1)		2,355		(173)		2,182
Balance at September 30, 2021	$	(5,430)	$	1,940	$	(3,490)

(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(234)
Tax expense		61
Reclassification net of tax	$	(173)

Realized losses on interest rate swaps reclassified to interest expense	$	3,182
Tax benefit		(827)
Reclassification net of tax	$	2,355

Changes to accumulated other comprehensive loss by component for the nine months ended September 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		(4,837)		-		(4,837)
Amounts reclassified from accumulated other comprehensive loss: (1)		1,685		(171)		1,514
Balance at September 30, 2020	$	(8,175)	$	2,038	$	(6,137)

(1) Amounts reclassified from accumulated other comprehensive loss:
Amortization of Other Postretirement Benefit items:
Actuarial gains	$	(231)
Tax expense		60
Reclassification net of tax	$	(171)

Realized losses on interest rate swaps reclassified to interest expense	$	2,277
Tax benefit		(592)
Reclassification net of tax	$	1,685