10-Q Filing

MGP INGREDIENTS INC CIK: 835011 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-012435`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	mgpi-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 44 Cash Flow Statement 58 Stockholders Equity 22 Comprehensive Income 14

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$150.00K	USD	Point-in-time
Receivables, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$175.00K	USD	Point-in-time
Preferred stock, percentage non-cumulative (as a percent)	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.30M	USD	Point-in-time
Preferred stock, percentage non-cumulative (as a percent)	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Receivables (less allowance for credit loss, $175 and $150 at March 31, 2022, and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$102.06M	USD	Point-in-time
Receivables (less allowance for credit loss, $175 and $150 at March 31, 2022, and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$92.54M	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`	$259.52M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Inventory	`InventoryGross`	$245.94M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.51M	USD	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`	$6.39M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$5.54M	USD	Point-in-time
Common stock, par value (in US dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$367.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$395.26M	USD	Point-in-time
Common stock, par value (in US dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$433.02M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$428.25M	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$225.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$220.96M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$207.29M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.96M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.99M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$207.37M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.16M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$15.98M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.14M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$9.67M	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$6.37M	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$4.94M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$218.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$218.32M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.23M	USD	Point-in-time
Total assets	`Assets`	$1.04B	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.23M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.76M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$6.99M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$6.48M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.44M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$16.56M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$24.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$84.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.80M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$35.27M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$34.46M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$194.99M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$194.91M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.60M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.51M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.13M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$66.39M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$66.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$397.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$397.41M	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 March 31, 2022 and December 31, 2021; and 21,985,100 and 21,964,314 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at March 31, 2022 and December 31, 2021; and 21,985,100 and 21,964,314 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$315.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$316.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$344.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$379.01M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$122.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$354.00K	USD	Point-in-time
Treasury stock, at cost, 1,140,066 and 1,160,852 shares at March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$22.36M	USD	Point-in-time
Treasury stock, at cost, 1,140,066 and 1,160,852 shares at March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$22.46M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$679.96M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$644.75M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-490.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-556.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$195.24M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$108.32M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$123.41M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$76.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$71.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.30M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$5.50M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$853.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.27M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.95M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$29.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.50M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-488.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.60M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$54.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$30.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.04M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.54M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.62M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.16M	USD	1 Quarter
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-66.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$37.44M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$15.43M	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$318.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$146.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$318.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$146.00K	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.28M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.12M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$15.28M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc., diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$37.12M	USD	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.99M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.93M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.99M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.93M	shares	1 Quarter
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Basic Earnings Per Share (in dollars per share)	`EarningsPerShareBasic`	$1.69	USD	1 Quarter
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	1 Quarter
Diluted Earnings Per Share (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.31M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.62M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.23M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.37M	USD	1 Quarter
Gain on equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Gain on equity method investment	`IncomeLossFromEquityMethodInvestments`	$394.00K	USD	1 Quarter
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-347.00K	USD	1 Quarter
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$648.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-24.00K	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$4.35M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$9.60M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$13.70M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-4.92M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.08M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-657.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.44M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.24M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$4.64M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$509.00K	USD	1 Quarter
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-8.90M	USD	1 Quarter
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-8.28M	USD	1 Quarter
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-107.00K	USD	1 Quarter
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-515.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$1.18M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$136.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.99M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.23M	USD	1 Quarter
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.06M	USD	1 Quarter
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.64M	USD	1 Quarter
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$1.03M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$363.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.28M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.34M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.03M	USD	1 Quarter
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$2.66M	USD	1 Quarter
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$2.05M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$674.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$714.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$807.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.18M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.73M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-288.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.73M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$924.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.57M	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`	$22.59M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.57M	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`	$22.59M	USD	Point-in-time

Stockholders Equity 22 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
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$15.43M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.37M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Dividends and dividend equivalents of per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.05M	USD	1 Quarter
Dividends and dividend equivalents of per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.66M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.37M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.23M	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`	$674.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$711.00K	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.51M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$37.44M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$15.43M	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-219.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-55.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$15.48M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$37.20M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-66.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.48M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.14M	USD	1 Quarter

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