10-Q Filing

MGP INGREDIENTS INC CIK: 835011 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-021311`
Period End Date	20210930
Filing Date	20211103
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mgpi-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 83 Cash Flow Statement 77 Stockholders Equity 62 Comprehensive Income 32

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$150.00K	USD	Point-in-time
Receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.00K	USD	Point-in-time
Preferred stock, percentage non-cumulative (as a percent)	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.16M	USD	Point-in-time
Preferred stock, percentage non-cumulative (as a percent)	`PreferredStockDividendRatePercentage`	0.05	pure	3 Qtrs
Receivables (less allowance for credit losses, $150 and $24 at September 30, 2021, and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$92.15M	USD	Point-in-time
Receivables (less allowance for credit losses, $150 and $24 at September 30, 2021, and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$56.97M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Inventory	`InventoryGross`	$141.01M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Inventory	`InventoryGross`	$239.31M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.89M	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$1.38M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Common stock, par value (in US dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in US dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$351.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$222.28M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$391.11M	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$313.73M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$181.74M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	18.12M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$193.86M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$197.25M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$131.99M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	16.92M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.96M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$5.15M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$8.44M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.20M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.16M	shares	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	-	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$5.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$890.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$219.35M	USD	Point-in-time
Goodwill	`Goodwill`	$2.74M	USD	Point-in-time
Goodwill	`Goodwill`	$227.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.61M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Total assets	`Assets`	$366.57M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.23M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.27M	USD	Point-in-time
Federal and state liquor taxes payable	`SalesAndExciseTaxPayableCurrent`	$107.00K	USD	Point-in-time
Federal and state liquor taxes payable	`SalesAndExciseTaxPayableCurrent`	$6.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$704.00K	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$20.64M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$39.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$86.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.33M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$38.27M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$36.07M	USD	Point-in-time
Credit agreement - revolver	`LineOfCredit`	-	USD	Point-in-time
Credit agreement - revolver	`LineOfCredit`	$208.38M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.06M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$6.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.16M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.09M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$60.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$402.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$104.05M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares	`PreferredStockValue`	$4.00K	USD	Point-in-time
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares	`PreferredStockValue`	$4.00K	USD	Point-in-time
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at September 30, 2021 and 18,115,965 shares at December 31, 2020; and 21,963,574 and 16,915,862 shares outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at September 30, 2021 and 18,115,965 shares at December 31, 2020; and 21,963,574 and 16,915,862 shares outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$315.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$15.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$315.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$262.94M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$486.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$312.00K	USD	Point-in-time
Treasury stock, at cost, 1,161,592 and 1,200,103 shares at September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$23.12M	USD	Point-in-time
Treasury stock, at cost, 1,161,592 and 1,200,103 shares at September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$22.41M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$262.53M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$615.19M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-279.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$231.04M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$252.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$235.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$593.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.70M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$366.57M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$176.61M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$102.96M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$294.61M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$459.87M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$227.53M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$79.80M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$313.66M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$119.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$146.21M	USD	3 Qtrs
Gross profit	`GrossProfit`	$67.08M	USD	3 Qtrs
Gross profit	`GrossProfit`	$23.16M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.51M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.17M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.38M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$38.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$13.65M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$81.05M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$32.88M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$594.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$1.70M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$2.71M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$1.12M	USD	1 Quarter
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$-479.00K	USD	3 Qtrs
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$-421.00K	USD	1 Quarter
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$185.00K	USD	1 Quarter
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$352.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.35M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.86M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.67M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.86M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.70M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.84M	USD	1 Quarter
Net income	`ProfitLoss`	$8.49M	USD	1 Quarter
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income	`ProfitLoss`	$28.71M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.38M	USD	1 Quarter
Net income	`ProfitLoss`	$59.16M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-279.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-203.00K	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$59.44M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.88M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$28.71M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$10.38M	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$471.00K	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$69.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$175.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$192.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$192.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$471.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$69.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$175.00K	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.70M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.52M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$58.97M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.31M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$58.97M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$23.70M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$10.31M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$28.52M	USD	3 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.98M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.92M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.29M	shares	3 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.94M	shares	3 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.29M	shares	3 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.94M	shares	3 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.92M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.98M	shares	1 Quarter
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$2.91	USD	3 Qtrs
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	1 Quarter
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$1.68	USD	3 Qtrs
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$1.68	USD	3 Qtrs
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$2.91	USD	3 Qtrs
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.84M	USD	1 Quarter
Net income	`ProfitLoss`	$8.49M	USD	1 Quarter
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income	`ProfitLoss`	$28.71M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.38M	USD	1 Quarter
Net income	`ProfitLoss`	$59.16M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.62M	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$-337.00K	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$-5.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.69M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.25M	USD	3 Qtrs
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-465.00K	USD	3 Qtrs
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-460.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$236.00K	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$5.59M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$11.68M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$5.67M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$7.59M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.21M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.03M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.09M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-673.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.06M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-6.68M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$15.86M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$5.65M	USD	3 Qtrs
Federal and state liquor taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.96M	USD	3 Qtrs
Federal and state liquor taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$139.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$682.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$146.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.78M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.51M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.26M	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$149.61M	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.75M	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$988.00K	USD	3 Qtrs
Proceeds from sale of property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$688.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.31M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-56.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.17M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.51M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$6.14M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$7.36M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.39M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$767.00K	USD	3 Qtrs
Loan fees paid related to borrowings	`PaymentsOfLoanCosts`	$666.00K	USD	3 Qtrs
Loan fees paid related to borrowings	`PaymentsOfLoanCosts`	$1.15M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$300.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$813.00K	USD	3 Qtrs
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	$242.30M	USD	3 Qtrs
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	$54.70M	USD	3 Qtrs
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	$32.30M	USD	3 Qtrs
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	$40.00M	USD	3 Qtrs
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	3 Qtrs
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	$87.51M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$112.88M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.71M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.66M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.50M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.16M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.31M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.66M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.97M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.66M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.97M	USD	Point-in-time

Stockholders Equity 62 line items

Line Item	Tag	Value	Unit	Period
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$231.04M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$252.00M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$235.56M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$593.58M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.70M	USD	Point-in-time
Net income	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.84M	USD	1 Quarter
Net income	`ProfitLoss`	$8.49M	USD	1 Quarter
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income	`ProfitLoss`	$28.71M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.38M	USD	1 Quarter
Net income	`ProfitLoss`	$59.16M	USD	3 Qtrs
Net income	`NetIncomeIncludingPortionAttributableToNoncontrollingInterest`	$23.67M	USD	1 Quarter
Net income	`NetIncomeIncludingPortionAttributableToNoncontrollingInterest`	$20.06M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$74.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$89.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-230.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$21.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.05M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.65M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.04M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.06M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.04M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.65M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.54M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$258.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$662.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$902.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.23M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$480.00K	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	$237.00K	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	$634.00K	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.39M	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$674.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$91.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00K	USD	1 Quarter
Equity consideration for Merger	`AdjustmentsToAdditionalPaidInCapitalMergerConsiderations`	$296.21M	USD	1 Quarter
Equity consideration for Merger	`AdjustmentsToAdditionalPaidInCapitalMergerConsiderations`	$65.00K	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$231.04M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$252.00M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$235.56M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$593.58M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.70M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$59.44M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.88M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$28.71M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$10.38M	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-134.00K	USD	3 Qtrs
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-141.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-74.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$40.00K	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-89.00K	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$89.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$74.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$89.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-230.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$21.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$23.65M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$59.26M	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$28.80M	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$10.46M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-279.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-203.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.98M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$10.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$28.80M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.