DOUGLAS DYNAMICS INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
PLOW$37.36+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(Dollars In Thousands, Except Per Share Data)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $24,156 | $20,670 |
| Accounts receivable, net | 83,760 | 86,765 |
| Inventories | 140,390 | 136,501 |
| Inventories - truck chassis floor plan | 2,217 | 1,211 |
| Refundable income taxes paid | 4,817 | - |
| Prepaid and other current assets | 6,898 | 7,774 |
| Total current assets | 262,238 | 252,921 |
| Property, plant and equipment, net | 67,340 | 68,660 |
| Goodwill | 113,134 | 113,134 |
| Other intangible assets, net | 121,070 | 131,589 |
| Operating leases - right of use asset | 18,008 | 17,432 |
| Non-qualified benefit plan assets | 9,195 | 8,874 |
| Other long-term assets | 2,433 | 4,281 |
| Total assets | $593,418 | $596,891 |
| Liabilities and shareholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $31,374 | $49,252 |
| Accrued expenses and other current liabilities | 25,817 | 30,484 |
| Floor plan obligations | 2,217 | 1,211 |
| Operating lease liability - current | 5,347 | 4,862 |
| Income tax payable | - | 3,485 |
| Short-term borrowings | 47,000 | - |
| Current portion of long-term debt | 6,762 | 11,137 |
| Total current liabilities | 118,517 | 100,431 |
| Retiree benefits and deferred compensation | 13,922 | 14,650 |
| Deferred income taxes | 27,903 | 29,837 |
| Long-term debt, less current portion | 181,491 | 195,299 |
| Operating lease liability - noncurrent | 13,887 | 14,025 |
| Other long-term liabilities | 6,133 | 5,547 |
| Commitments and contingencies (Note 15) | ||
| Shareholders' equity: | ||
| Common Stock, par value $0.01, 200,000,000 shares authorized, 22,983,965 and 22,886,793 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 230 | 229 |
| Additional paid-in capital | 165,233 | 164,281 |
| Retained earnings | 59,746 | 63,464 |
| Accumulated other comprehensive income, net of tax | 6,356 | 9,128 |
| Total shareholders' equity | 231,565 | 237,102 |
| Total liabilities and shareholders' equity | $593,418 | $596,891 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.