DOUGLAS DYNAMICS, INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $416.3m $474.9m $524.1m $571.7m $480.2m $541.5m $616.1m $568.2m $568.5m $656.1m
Cost of Revenue $282.3m $331.8m $369.2m $402.9m $351.9m $399.6m $464.6m $433.9m $421.7m $481.4m
Gross Profit $134.0m $143.1m $154.9m $168.8m $128.3m $141.9m $151.5m $134.3m $146.8m $174.7m
Operating Income (Loss) $69.1m $70.1m $73.5m $86.6m ($75.1m) $51.1m $58.8m $44.9m $88.7m $73.6m
Additional Financial Items
Amortization of Intangible Assets $10.6m $11.4m $11.5m $11.0m $10.9m $10.7m $10.5m $10.5m $7.5m $6.2m
Gain (Loss) Related to Litigation Settlement $10.1m $1.3m $200k
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $741k $528k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $34.6m $47.4m $29.2m $73.9m $61.5m
Net Income (Loss) Attributable to Parent $38.5m $55.3m $43.9m $49.2m ($86.6m) $30.7m $38.6m $23.7m $56.2m $46.9m
Net Income (Loss) Available to Common Stockholders, Basic $39.0m $55.3m $43.9m $49.2m ($86.6m) $30.7m $37.9m $23.2m $55.1m $45.8m
Earnings Per Share, Basic $1.71 $2.42 $1.91 $2.13 ($3.81) $1.31 $1.65 $1.01 $2.39 $1.99
Earnings Per Share, Diluted $1.70 $2.40 $1.89 $2.11 ($3.81) $1.29 $1.63 $0.98 $2.36 $1.96
Common Stock, Dividends, Per Share, Declared $0.94 $0.96 $1.06 $1.09 $1.12 $1.14 $1.16 $1.18 $1.18 $1.18
Weighted Average Number of Shares Outstanding, Basic 22.5b 22.6b 22.7b 22.8b 22.8b 23.0b 22.9m 23.0m 23.1m 23.1m
Weighted Average Number of Shares Outstanding, Diluted 22.5b 22.6b 22.7b 22.8b 22.8b 23.0b 22.9m 23.0m 23.5m 23.6m
Selling, General and Administrative Expense $54.3m $61.6m $70.0m $71.3m $64.6m $78.8m $82.2m $78.8m $91.7m $94.9m
Other Nonoperating Income (Expense) ($277k) ($115k) ($758k) ($765k) $91k $228k ($139k) $0 $442k $344k
Cost of Property Repairs and Maintenance $5.1m $5.2m $6.0m $6.3m $6.1m $6.0m $6.8m $6.9m $7.1m $8.1m
Current Income Tax Expense (Benefit) $18.5m $12.9m $5.7m $15.6m $7.1m $2.3m $12.0m ($2.0m) $20.8m $5.3m
Interest Expense, Debt $611k $1.8m $476k $476k $198k $0
Other Expenses $263k
Research and Development Expense $2.9m $3.2m $5.7m $6.7m $10.2m $12.2m $10.1m $8.4m $7.7m
Restructuring Costs $2.0m $0
Income Tax Expense (Benefit) $24.7m ($2.4m) $11.9m $13.5m ($12.3m) $3.9m $8.8m $5.5m $17.7m $14.6m
Interest Income (Expense), Nonoperating, Net ($15.2m) ($18.3m) ($16.9m) ($16.8m) ($20.2m) ($11.8m) ($11.3m) ($15.7m) ($15.3m) ($12.1m)