← DOUGLAS DYNAMICS, INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $39.0m |
$55.3m
+41.82%
|
$43.9m
-20.64%
|
$49.2m
+11.98%
|
($86.6m)
-276.04%
|
$30.7m
+135.46%
|
$38.6m
+25.80%
|
$23.7m
-38.56%
|
$56.2m
+136.69%
|
$46.9m
-16.48%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $39.0m |
$55.3m
+41.82%
|
$43.9m
-20.64%
|
$49.2m
+11.98%
|
($86.6m)
-276.04%
|
$30.7m
+135.46%
|
$37.9m
+23.38%
|
$23.2m
-38.75%
|
$55.1m
+137.41%
|
$45.8m
-16.74%
|
— | |
| Depreciation, Depletion and Amortization | $16.7m | $18.6m | $19.1m | $19.2m | $19.7m | $20.3m | $20.9m | $21.7m | $17.9m | $15.4m | $15.4m | |
| Amortization of Deferred Charges | — | — | — | — | — | — | $10.5m | $10.5m | $7.5m | $6.2m | — | |
| Amortization of Debt Issuance Costs | $624k | $824k | $823k | $823k | $763k | $493k | $379k | $475k | $591k | $139k | — | |
| Amortization of Debt Issuance Costs and Discounts | $950k | $1.2m | $1.2m | $1.2m | $1.4m | $894k | $491k | $588k | $703k | $489k | — | |
| Amortization of Intangible Assets | $10.6m | $11.4m | $11.5m | $11.0m | $10.9m | $10.7m | $10.5m | $10.5m | $7.5m | $6.2m | — | |
| Depreciation | $6.1m | $7.2m | $7.6m | $8.3m | $8.8m | $9.6m | $10.4m | $11.1m | $10.4m | $9.2m | $9.4m | |
| Deferred Income Tax Expense (Benefit) | $6.2m | ($15.3m) | $6.2m | ($2.1m) | ($19.4m) | $1.6m | ($3.3m) | $7.6m | ($3.0m) | $9.3m | $10.1m | |
| Share-based Payment Arrangement, Noncash Expense | $2.9m | $3.5m | $4.5m | $3.2m | $2.8m | $5.8m | $6.7m | $953k | $4.9m | $6.7m | $10.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $923k | $23k | $50k | $72k | — | $0 | — | — | $161k | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | $6.7m | $953k | $4.9m | $6.7m | $10.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($277k) | ($115k) | ($758k) | ($765k) | $91k | $228k | ($139k) | $0 | $442k | $344k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($2.4m) | $1.2m | $511k | $7.7m | ($3.0m) | ($12.1m) | $14.3m | ($2.7m) | $4.3m | $6.1m | ($11.4m) | |
| Increase (Decrease) in Inventories | ($605k) | ($894k) | $12.3m | ($4.1m) | $1.8m | $24.3m | $32.5m | $3.9m | ($3.4m) | $672k | ($9.7m) | |
| Increase (Decrease) in Accounts Payable | ($113k) | ($2.5m) | $3.0m | ($2.6m) | ($21k) | $10.4m | $21.5m | ($17.1m) | $991k | $3.4m | ($4.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $69.9m |
$66.4m
-5.10%
|
$58.2m
-12.32%
|
$77.3m
+32.85%
|
$53.4m
-30.96%
|
$60.5m
+13.43%
|
$40.0m
-33.87%
|
$12.5m
-68.85%
|
$41.1m
+229.87%
|
$74.7m
+81.59%
|
$62.2m
-16.70%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.8m | $7.6m | $9.7m | $11.5m | $14.5m | $11.2m | $12.4m | $9.8m | $7.8m | $10.8m | ($13.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | $220k | ($111k) | $56k | ($347k) | $0 | $664k | |
| Payments to Acquire Businesses, Net of Cash Acquired | $181.3m | $7.4m | — | — | — | — | — | — | — | — | ($27.3m) | |
| Net Cash Provided by (Used in) Investing Activities | ($191.2m) | ($14.9m) | ($9.7m) | ($11.5m) | ($14.5m) | ($11.2m) | ($12.0m) | ($10.5m) | $56.8m | ($37.5m) | ($40.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $2.6m | $3.1m | $33.1m | $32.7m | $277.3m | $249.9m | $11.2m | $18.4m | $42.0m | $153.3m | ($7.6m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $0 | ($4.9m) | $0 | $0 | $0 | ($156k) | — | |
| Proceeds from Issuance of Long-term Debt | $129.3m | — | — | — | $270.9m | $224.4m | — | — | — | $148.8m | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | $0 | $0 | $6.0m | $0 | $0 | $6.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $21.5m | $22.0m | $24.4m | $25.2m | $25.9m | $26.5m | $27.0m | $27.4m | $27.5m | $27.9m | ($28.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $103.0m |
($33.1m)
-132.17%
|
($57.5m)
-73.65%
|
($57.9m)
-0.65%
|
($33.5m)
+42.14%
|
($53.4m)
-59.33%
|
($44.3m)
+17.07%
|
$1.5m
+103.47%
|
($117.0m)
-7704.68%
|
($34.1m)
+70.89%
|
($27.8m)
+18.48%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | ($16.3m) | $3.5m | ($19.0m) | $3.2m | $1.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $37.0m | $20.7m | $24.2m | $5.1m | $8.3m | $1.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $14.2m | $17.2m | $15.9m | $15.8m | $16.8m | $12.3m | $11.7m | $18.2m | $18.9m | $14.0m | — | |
| Income Taxes Paid, Net | $16.4m | $6.6m | $8.5m | $13.3m | $4.3m | $9.8m | $7.0m | $14.5m | $13.6m | $7.7m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) Related to Litigation Settlement | $10.1m | $1.3m | — | $200k | — | — | — | — | — | — | — | |
| Goodwill | $238.3m | $241.0m | $241.0m | $241.0m | $113.1m | $113.1m | $113.1m | $113.1m | $113.1m | $116.8m | $0 | |
| Income Tax Expense (Benefit) | $24.7m | ($2.4m) | $11.9m | $13.5m | ($12.3m) | $3.9m | $8.8m | $5.5m | $17.7m | $14.6m | — | |
| Payments of Financing Costs | $2.3m | $1.6m | — | — | $1.1m | $1.4m | $0 | $334k | $279k | $293k | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $2.0m | $0 | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | $688k | $688k | $287k | $0 | — |