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Income Statement
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DOUGLAS DYNAMICS, INC (PLOW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Net sales  570.7540.7541.5546.7552.8515.3480.2482.3
            Net sales growth  3.2%4.9%12.8%13.3%12.7%-5.7%-16.0%-14.4%
Cost of sales  431.6404.0399.6393.2393.2372.5351.9355.5
    Gross profit  139.1136.7141.9153.5159.6142.8128.3126.8
            Gross margin  24.4%25.3%26.2%28.1%28.9%27.7%26.7%26.3%
Selling, general, and administrative expense  81.480.378.876.775.567.464.666.0
Intangibles amortization  10.510.610.710.810.910.910.911.0
    Income from operations  46.044.551.166.073.2-63.3-75.1-78.0
            Operating margin  8.1%8.2%9.4%12.1%13.2%-12.3%-15.6%-16.2%
Interest expense, net  -9.1-11.0-11.8-14.0-16.9-18.2-20.2-19.9
Loss on extinguishment of debt      -5.3 -3.5-3.4
Other income (expense), net  0.20.40.20.20.40.20.1-0.2
    Income before taxes  37.229.034.647.251.436.535.812.5
Income tax expense  7.53.03.97.29.2-9.1-12.3-15.0
    Net income  17.7   14.1   
   
Weighted average number of common shares outstanding:          
Weighted average common shares outstanding (in shares)  23.023.022.922.922.922.922.822.8
Weighted average common shares assuming dilution (in shares)  23.023.023.022.922.922.922.822.8
   
Earnings per common share:          
Earnings Per Share, Basic, Total  $1.25$1.09$1.30$1.72$1.82($3.33)($3.80)($4.09)
Earnings Per Share, Diluted, Total  $1.24$1.09$1.30$1.72$1.81($3.34)($3.81)($4.10)
   
Cash dividends declared and paid per share (in dollars per share)  $1.15$1.15$1.15$1.15$1.14$1.13$1.12$1.11
Comprehensive income  27.123.0 131.9134.015.60.0-108.0

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