DOUGLAS DYNAMICS INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
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, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $5,119 | $24,156 |
| Accounts receivable, net | 87,407 | 83,760 |
| Inventories | 137,034 | 140,390 |
| Inventories - truck chassis floor plan | 2,612 | 2,217 |
| Refundable income taxes paid | - | 4,817 |
| Prepaid and other current assets | 6,053 | 6,898 |
| Total current assets | 238,225 | 262,238 |
| Property, plant and equipment, net | 41,311 | 67,340 |
| Goodwill | 113,134 | 113,134 |
| Other intangible assets, net | 113,550 | 121,070 |
| Operating leases - right of use asset | 70,801 | 18,008 |
| Non-qualified benefit plan assets | 10,482 | 9,195 |
| Other long-term assets | 2,480 | 2,433 |
| Total assets | $589,983 | $593,418 |
| Liabilities and shareholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $32,319 | $31,374 |
| Accrued expenses and other current liabilities | 26,182 | 25,817 |
| Floor plan obligations | 2,612 | 2,217 |
| Operating lease liability - current | 7,394 | 5,347 |
| Income tax payable | 1,685 | - |
| Short-term borrowings | - | 47,000 |
| Current portion of long-term debt | - | 6,762 |
| Total current liabilities | 70,192 | 118,517 |
| Retiree benefits and deferred compensation | 13,616 | 13,922 |
| Deferred income taxes | 24,574 | 27,903 |
| Long-term debt, less current portion | 146,679 | 181,491 |
| Operating lease liability - noncurrent | 64,785 | 13,887 |
| Other long-term liabilities | 5,922 | 6,133 |
| Commitments and contingencies (Note 15) | ||
| Shareholders' equity: | ||
| Common Stock, par value $0.01, 200,000,000 shares authorized, 23,094,047 and 22,983,965 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 231 | 230 |
| Additional paid-in capital | 170,092 | 165,233 |
| Retained earnings | 88,420 | 59,746 |
| Accumulated other comprehensive income, net of tax | 5,472 | 6,356 |
| Total shareholders' equity | 264,215 | 231,565 |
| Total liabilities and shareholders' equity | $589,983 | $593,418 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.