DOUGLAS DYNAMICS INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
PLOW$37.33-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In Thousands, Except Per Share Data)
| Years ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $568,504 | $568,178 | $616,068 |
| Cost of sales | 421,667 | 433,908 | 464,612 |
| Gross profit | 146,837 | 134,270 | 151,456 |
| Selling, general, and administrative expense | 91,682 | 78,841 | 82,183 |
| Impairment charges | 1,224 | - | - |
| Gain on sale leaseback transaction | (42,298) | - | - |
| Intangibles amortization | 7,520 | 10,520 | 10,520 |
| Income from operations | 88,709 | 44,909 | 58,753 |
| Interest expense, net | (15,260) | (15,675) | (11,253) |
| Other income (expense), net | 442 | - | (139) |
| Income before taxes | 73,891 | 29,234 | 47,361 |
| Income tax expense | 17,740 | 5,511 | 8,752 |
| Net income | $56,151 | $23,723 | $38,609 |
| Earnings per common share: | |||
| Basic | $2.39 | $1.01 | $1.65 |
| Diluted | $2.36 | $0.98 | $1.63 |
| Cash dividends declared and paid per share | $1.18 | $1.18 | $1.16 |
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