Douglas dynamics, inc (PLOW)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

27,141

35,665

4,870

5,011

348

27,820

-

-

12,937

36,875

1,482

4,290

7,950

18,609

303

48,666

48,394

36,844

3,873

12,349

20,800

24,195

4,289

7,071

10,548

19,864

3,975

2,084

11,073

24,136

1,842

3,790

14,212

39,432

3,084

165

20,149

Accounts receivable, net

48,096

87,871

153,231

114,700

55,282

81,485

128,164

95,038

41,130

79,120

117,536

80,076

41,865

78,589

120,234

66,617

28,965

67,707

118,538

61,610

23,907

60,918

96,569

51,299

13,490

42,343

71,269

38,497

11,299

25,425

70,678

50,613

7,616

34,019

83,006

56,381

37,040

Inventories

112,370

77,942

90,406

93,916

111,225

81,996

89,444

84,633

94,924

71,524

77,447

85,913

98,360

70,871

71,607

60,296

73,729

51,584

55,245

63,785

70,953

48,248

36,418

38,579

46,879

27,977

35,964

42,407

45,099

30,292

30,380

32,825

46,741

24,005

27,067

30,905

23,481

Inventories - truck chassis floor plan

8,774

6,539

19,709

9,692

7,382

4,204

9,495

3,658

4,555

7,711

6,034

8,721

6,938

3,939

6,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refundable income taxes paid

974

-

171

-

2,041

-

1,476

-

2

-

-

1,009

5,412

1,541

-

-

433

4,850

-

-

3,988

-

-

-

3,285

2,648

4,328

5,492

8,220

4,870

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,155

6,155

6,155

6,154

5,829

5,718

5,718

7,004

4,141

4,169

4,197

4,223

3,636

3,659

3,686

3,710

4,945

4,960

4,959

4,952

3,721

7,181

7,142

Prepaid income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,211

-

3,599

-

1,015

-

29

Prepaid and other current assets

5,168

3,511

4,163

3,684

3,723

3,590

3,562

2,931

3,164

2,883

3,417

2,829

3,511

2,886

4,435

1,695

2,298

2,104

2,104

1,235

1,405

2,156

1,539

915

1,448

1,317

1,568

1,110

1,382

1,149

1,501

1,194

1,281

1,054

1,164

909

1,131

Total current assets

202,523

211,528

272,550

227,003

180,001

199,095

232,141

186,260

156,712

198,113

205,916

182,838

164,036

176,435

209,467

183,429

159,974

169,243

185,589

144,697

126,771

142,521

142,956

102,033

79,847

98,372

120,740

93,249

80,759

89,582

110,557

93,382

78,408

103,462

119,057

95,541

88,972

Property, plant, and equipment, net

58,542

58,444

56,764

56,396

53,817

55,195

54,298

54,126

52,914

53,962

52,698

52,626

51,711

52,141

51,285

44,677

42,418

42,636

41,073

38,514

37,648

37,546

25,639

25,806

25,332

24,866

24,648

25,168

20,013

19,887

20,246

20,874

20,999

21,340

21,282

21,298

21,962

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,085

1,085

1,085

1,085

1,085

1,732

1,732

1,732

1,732

1,732

1,732

1,732

1,779

Goodwill

241,006

241,006

241,006

241,006

241,006

241,006

241,006

241,006

241,006

241,006

240,906

240,627

238,286

238,286

233,088

160,932

160,932

160,932

160,661

160,962

160,962

160,962

113,132

113,132

113,132

113,132

112,944

114,044

107,222

107,222

107,222

107,222

107,222

107,222

107,222

107,222

107,222

Other intangible assets, net

160,984

163,722

166,461

169,198

171,937

174,678

177,545

180,413

183,279

186,150

189,019

192,014

192,102

194,851

202,000

124,195

125,921

127,647

129,399

131,202

133,106

135,009

119,074

120,513

121,967

123,422

125,355

125,712

115,250

116,548

117,846

119,146

120,447

121,747

123,047

124,348

126,948

Operating lease - right of use asset

21,555

22,557

22,203

22,324

21,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,487

2,586

2,686

2,485

1,782

1,926

2,071

2,216

2,360

2,505

2,650

2,794

2,773

2,926

3,243

3,402

3,545

3,786

953

Other long-term assets

7,926

8,438

7,925

7,949

7,721

6,219

7,750

6,882

6,728

5,945

5,531

5,404

5,078

4,460

4,222

3,521

3,499

2,708

2,634

2,880

2,492

1,920

1,806

1,837

1,796

1,246

1,193

1,145

1,151

606

599

582

598

112

9

158

207

Total assets

692,536

705,695

766,909

723,876

676,019

676,193

712,740

668,687

640,639

685,176

694,070

673,509

651,213

666,173

700,062

516,754

492,744

503,166

521,843

480,841

463,665

480,443

404,389

365,247

345,230

364,339

388,325

362,908

328,130

338,371

360,975

345,864

332,649

359,017

375,894

354,085

348,043

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

17,224

16,113

16,995

18,471

16,443

18,703

15,280

16,811

15,590

16,323

15,437

19,568

15,131

17,299

14,847

14,189

10,250

14,555

13,467

10,601

10,252

9,753

4,967

5,472

4,948

7,709

3,781

3,701

2,521

5,370

2,101

4,513

3,391

5,040

3,832

4,966

2,847

Accrued expenses and other current liabilities

22,135

26,496

27,613

23,882

18,410

23,306

28,360

23,877

18,050

21,004

20,749

23,332

19,123

27,325

35,838

19,056

16,909

25,549

24,773

25,263

20,679

33,670

20,397

17,303

12,205

14,418

13,652

12,058

8,686

10,329

11,071

13,034

8,487

16,105

14,074

13,522

11,923

Floor plan obligations

8,774

6,539

19,709

9,692

7,382

4,204

9,495

3,658

4,555

7,711

6,034

8,721

6,938

3,939

6,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability - current

3,770

3,822

3,626

3,480

3,335

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

352

305

23

Income taxes payable

-

2,990

-

5,271

-

106

-

2,354

-

2,996

1,440

-

-

-

3,381

5,428

-

-

3,169

2,360

-

642

609

4,694

-

-

-

-

-

-

-

36

-

395

-

3,183

-

Short term borrowings

30,000

-

57,000

27,000

16,000

-

38,000

-

-

-

23,000

3,000

-

-

26,000

-

-

-

27,000

-

-

-

33,500

-

-

13,000

50,000

28,000

-

-

23,000

2,000

-

-

24,000

-

-

Current portion of long-term debt

1,938

22,143

2,143

2,143

2,749

32,749

2,749

2,749

2,749

32,749

2,749

2,765

2,829

2,829

2,829

1,629

1,629

1,629

1,629

1,629

1,629

1,629

971

971

971

971

971

971

971

971

971

971

971

11,071

1,071

1,071

1,183

Total current liabilities

83,841

78,103

127,086

89,939

64,319

79,068

93,884

49,449

40,944

80,783

69,409

57,386

44,021

51,392

89,628

40,302

28,788

41,733

70,038

39,853

32,560

45,694

60,444

28,440

18,124

36,098

68,404

44,730

12,178

16,670

37,143

20,554

12,849

32,611

43,329

23,047

15,976

Retiree health benefit obligation

6,451

6,338

6,531

6,436

6,345

6,240

7,113

7,010

6,913

6,809

7,547

7,431

7,312

7,193

6,966

6,855

6,767

6,656

7,036

6,980

6,881

6,774

4,866

4,820

4,729

4,654

6,568

6,496

6,421

6,541

8,116

8,167

8,144

8,053

7,515

7,430

7,235

Pension obligation

-

-

2,480

2,363

2,246

2,129

2,803

9,884

9,823

9,761

9,620

9,745

9,763

10,184

9,932

10,117

10,641

10,839

11,831

11,898

12,119

12,316

6,029

6,310

6,591

7,077

14,367

14,428

14,678

14,401

13,083

13,949

14,127

14,163

10,381

10,329

10,753

Deferred income taxes

45,961

47,211

48,640

48,690

49,208

48,198

46,447

42,854

41,018

39,269

59,027

57,609

55,336

54,563

57,667

56,558

55,575

54,932

51,754

52,485

50,795

49,853

49,088

47,811

46,322

45,046

37,073

35,603

35,003

33,805

30,581

29,504

28,408

26,957

26,889

25,104

22,650

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

588

588

588

658

658

658

658

756

756

756

912

912

947

947

1,067

Long-term debt, less current portion

222,008

222,081

242,411

242,741

242,465

242,946

273,428

273,909

274,391

274,872

305,354

305,819

306,240

306,726

307,293

181,919

182,214

182,506

185,250

185,657

186,064

186,471

109,295

109,537

109,780

110,023

110,266

110,509

110,752

110,995

111,237

111,480

111,723

111,866

122,134

122,714

119,971

Operating lease liability - noncurrent

18,010

18,981

18,813

19,023

18,222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

23,230

19,818

20,944

20,256

17,065

14,856

14,355

15,498

16,248

17,004

16,522

13,480

16,270

15,652

14,507

9,416

8,207

6,004

6,645

5,056

6,164

6,046

4,428

4,515

6,127

5,462

5,612

1,829

1,922

1,471

1,537

1,553

1,554

1,066

1,004

525

898

Stockholders' equity:
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,857,457 and 22,795,412 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

229

228

228

228

228

227

227

227

227

226

226

226

226

225

225

225

225

224

224

224

224

223

223

223

223

222

222

222

222

221

221

221

221

220

220

220

216

Additional paid-in capital

156,296

155,001

154,823

154,298

152,816

151,813

151,443

151,428

148,683

147,287

146,536

145,894

145,136

144,523

143,883

143,361

142,838

141,626

141,091

140,221

139,365

138,268

137,543

136,997

136,450

135,498

134,935

134,370

133,869

133,072

132,606

131,812

131,271

130,907

130,178

129,714

127,695

Shareholders' notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

482

Retained earnings

143,618

160,748

155,492

149,372

130,176

136,765

127,032

123,208

108,140

115,737

86,707

82,866

73,615

82,387

77,652

75,711

64,746

64,829

54,730

44,228

36,175

40,826

32,703

26,840

17,145

20,463

16,696

20,738

19,472

27,523

33,162

35,360

30,931

39,742

38,110

38,550

46,495

Accumulated other comprehensive loss, net of tax

-7,108

-2,814

-10,539

-9,470

-7,071

-6,049

-3,992

-4,780

-5,748

-6,572

-6,878

-6,947

-6,706

-6,672

-7,691

-7,710

-7,257

-6,183

-6,756

-5,761

-6,682

-6,028

-818

-834

-849

-862

-6,476

-6,675

-7,045

-7,084

-7,467

-7,492

-7,491

-7,480

-4,813

-4,495

-4,431

Total stockholders' equity

293,035

313,163

300,004

294,428

276,149

282,756

274,710

270,083

251,302

256,678

226,591

222,039

212,271

220,463

214,069

211,587

200,552

200,496

189,289

178,912

169,082

173,289

169,651

163,226

152,969

155,321

145,377

148,655

146,518

153,732

158,522

159,901

154,932

163,389

163,695

163,989

169,493

Total liabilities and stockholders' equity

692,536

705,695

766,909

723,876

676,019

676,193

712,740

668,687

640,639

685,176

694,070

673,509

651,213

666,173

700,062

516,754

492,744

503,166

521,843

480,841

463,665

480,443

404,389

365,247

345,230

364,339

388,325

362,908

328,130

338,371

360,975

345,864

332,649

359,017

375,894

354,085

348,043