DOUGLAS DYNAMICS, INC (PLOW) [Rocket]

In millions, except per share items	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20	Sep-30-20
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Net sales	187.6	102.6	152.9	127.6	157.5	103.3	158.2	133.8
Net sales growth	19.1%	-0.7%	-3.3%	-4.6%	31.2%	51.6%	-1.3%	-5.7%
Cost of sales	136.3	81.5	116.8	97.0	108.7	77.1	110.4	97.0
Gross profit	51.2	21.1	36.2	30.6	48.8	26.3	47.8	36.7
Gross margin	27.3%	20.5%	23.7%	24.0%	31.0%	25.4%	30.2%	27.5%
Selling, general, and administrative expense	23.0	21.4	19.4	17.6	22.0	19.9	17.2	16.4
Intangibles amortization	2.6	2.6	2.6	2.6	2.7	2.7	2.7	2.7
Income from operations	25.6	-2.9	13.0	10.4	24.1	3.6	27.9	17.6
Operating margin	13.6%	-2.9%	8.5%	8.1%	15.3%	3.5%	17.6%	13.1%
Interest expense, net	-2.5	-2.1	-2.3	-2.2	-4.4	-3.0	-4.5	-5.0
Loss on extinguishment of debt					-4.9		-0.1	-0.2
Other income (expense), net	0.0	0.1	0.1	0.0	0.1	0.0	0.1	0.1
Income before taxes	23.1	-4.9	10.8	8.2	14.9	0.7	23.4	12.5
Income tax expense	5.4	-1.0	2.0	1.2	0.8	-0.1	5.2	3.2
Net income	17.7				14.1

Weighted average number of common shares outstanding:
Weighted average common shares outstanding (in shares)	22.9	23.0	23.0	23.0	23.0	22.9	22.8	22.9
Weighted average common shares assuming dilution (in shares)	22.9	23.0	23.0	23.0	23.0	22.9	22.8	22.9

Earnings per common share:
Earnings Per Share, Basic, Total	$0.76	($0.18)	$0.37	$0.30	$0.60	$0.03	$0.79	$0.40
Earnings Per Share, Diluted, Total	$0.75	($0.18)	$0.37	$0.30	$0.60	$0.03	$0.79	$0.39

Cash dividends declared and paid per share (in dollars per share)	$0.29	$0.29	$0.28	$0.29	$0.29	$0.29	$0.28	$0.28
Comprehensive income	19.2	0.3		7.6	15.0	1.2	108.0	9.7