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Description of business and basis of presentation
12 Months Ended
Dec. 31, 2011
Description of business and basis of presentation  
Description of business and basis of presentation

 

1. Description of business and basis of presentation

        Douglas Dynamics, Inc., (the "Company") is the North American leader in the design, manufacture and sale of snow and ice control equipment for light trucks, which is comprised of snowplows and sand and salt spreaders, and related parts and accessories. The Company's snow and ice control products are sold through a network of over 720 truck equipment distributors that purchase directly from the Company and are located throughout the snowbelt regions in North America (primarily the Midwest, East and Northeast regions of the United States as well as all provinces of Canada). The Company sells its products under the WESTERN®, FISHER®, and BLIZZARD® brands. The Company is headquartered in Milwaukee, WI and currently has manufacturing facilities in Milwaukee, WI, and Rockland, ME. The Company closed its Johnson City, TN facility in August 2010. The Company operates as a single segment.

        On May 20, 2011 and December 6, 2011, certain of the stockholders of the Company, including affiliates of Aurora Capital Group and Ares Management, closed registered secondary offerings of 5,750,000 and 1,996,479 shares, respectively, of the Company's common stock. The Company did not receive any proceeds from the sale of its stock by the selling stockholders in the offerings.