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

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Property, Plant and Equipment

Note 6 - Property, Plant and Equipment

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment Disclosure [Text Block]

6.	Property, plant and equipment

During the three and nine months ended September 30, 2024, the Company closed on a sale leaseback transaction with an unrelated third party. Under this transaction, the Company sold seven properties with a combined net book value of $21,852, see Note 7 for additional information.

Property, plant and equipment are summarized as follows:

	*September 30,*			*December 31,*
	*2024*			*2023*

Land	$	162		$	3,969
Land improvements		140			5,589
Leasehold improvements		6,683			6,582
Buildings		3,072			36,719
Machinery and equipment		80,674			79,065
Furniture and fixtures		26,782			25,920
Mobile equipment and other		5,419			5,287
Construction-in-process		3,038			5,125
Total property, plant and equipment		125,970			168,256
Less accumulated depreciation		(86,661	)		(100,916	)
Property, plant and equipment, net	$	39,309		$	67,340