10-Q Filing

MGP INGREDIENTS INC CIK: 835011 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-027976`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mgpi-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 92 Cash Flow Statement 74 Stockholders Equity 59 Comprehensive Income 32

Balance Sheet 102 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.67M	USD	Point-in-time
Preferred stock, percentage non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Preferred stock, percentage non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	3 Qtrs
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Receivables (less allowance for credit loss, $175 and $150 at September 30, 2022, and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$92.54M	USD	Point-in-time
Receivables (less allowance for credit loss, $175 and $150 at September 30, 2022, and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$107.65M	USD	Point-in-time
Inventory	`InventoryGross`	$275.48M	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.83M	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
Refundable income taxes	`IncomeTaxesReceivable`	$1.01M	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$5.54M	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
Total current assets	`AssetsCurrent`	$367.10M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$440.64M	USD	Point-in-time
Common stock, par value (in 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`	$430.94M	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$404.15M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$210.25M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$196.86M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.99M	shares	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
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$220.69M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$9.67M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$14.52M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.16M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.13M	shares	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$4.94M	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$6.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$217.28M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$218.84M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.34M	USD	Point-in-time
Total assets	`Assets`	$1.13B	USD	Point-in-time
Total assets	`Assets`	$1.04B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.23M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.71M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$4.71M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$6.99M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$24.87M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$26.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.79M	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`	$31.11M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.15M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$194.91M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.33M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.05M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.13M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$66.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$65.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$408.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$397.20M	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`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, 2022 and December 31, 2021; and 21,993,355 and 21,964,314 shares outstanding at September 30, 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 September 30, 2022 and December 31, 2021; and 21,993,355 and 21,964,314 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$317.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$315.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$344.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$423.06M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$354.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-864.00K	USD	Point-in-time
Treasury stock, at cost, 1,131,811 and 1,160,852 shares at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$22.36M	USD	Point-in-time
Treasury stock, at cost, 1,131,811 and 1,160,852 shares at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$21.66M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$724.79M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$644.75M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-934.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-490.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	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`	$262.53M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.86M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$703.07M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.04B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$591.36M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$176.61M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$459.87M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$201.15M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$401.27M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$313.66M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$119.53M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$142.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$190.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$146.21M	USD	3 Qtrs
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$18.85M	USD	3 Qtrs
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$7.28M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$9.89M	USD	3 Qtrs
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$5.66M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$18.53M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$52.03M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.27M	USD	3 Qtrs
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$34.00K	USD	3 Qtrs
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-1.00K	USD	1 Quarter
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-11.00K	USD	3 Qtrs
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-11.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.25M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$32.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$81.05M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.49M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.12M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.71M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.35M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.36M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.35M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-479.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-421.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.86M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.40M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.04M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.67M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.70M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.53M	USD	1 Quarter
Net income	`ProfitLoss`	$23.63M	USD	1 Quarter
Net income	`ProfitLoss`	$20.06M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Net income	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income	`ProfitLoss`	$59.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-180.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-203.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-279.00K	USD	3 Qtrs
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-444.00K	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.81M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$86.81M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.88M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$59.44M	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$688.00K	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$471.00K	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$175.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$188.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$688.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$471.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$188.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$175.00K	USD	1 Quarter
Net income used in Earnings Per Common Share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$58.97M	USD	3 Qtrs
Net income used in Earnings Per Common Share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.62M	USD	1 Quarter
Net income used in Earnings Per Common Share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$86.12M	USD	3 Qtrs
Net income used in Earnings Per Common Share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.70M	USD	1 Quarter
Net income used in Earnings Per Common Share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$58.97M	USD	3 Qtrs
Net income used in Earnings Per Common Share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$23.62M	USD	1 Quarter
Net income used in Earnings Per Common Share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$23.70M	USD	1 Quarter
Net income used in Earnings Per Common Share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$86.12M	USD	3 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.00M	shares	3 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.01M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.29M	shares	3 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.98M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.98M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.29M	shares	3 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.23M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.00M	shares	3 Qtrs
Basic Earnings Per Common Share (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	1 Quarter
Basic Earnings Per Common Share (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic Earnings Per Common Share (in dollars per share)	`EarningsPerShareBasic`	$2.91	USD	3 Qtrs
Basic Earnings Per Common Share (in dollars per share)	`EarningsPerShareBasic`	$3.91	USD	3 Qtrs
Diluted Earnings Per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted Earnings Per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$2.91	USD	3 Qtrs
Diluted Earnings Per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted Earnings Per Common Share (in dollars per share)	`EarningsPerShareDiluted`	$3.91	USD	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$23.63M	USD	1 Quarter
Net income	`ProfitLoss`	$20.06M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Net income	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income	`ProfitLoss`	$59.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.33M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$5.25M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.09M	USD	3 Qtrs
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$302.00K	USD	3 Qtrs
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-465.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$231.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.46M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$15.58M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$5.59M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$7.59M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$30.60M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.21M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.17M	USD	3 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.09M	USD	3 Qtrs
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.01M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.61M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-6.68M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$1.22M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$15.86M	USD	3 Qtrs
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-2.28M	USD	3 Qtrs
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.96M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$143.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$682.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$72.25M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.78M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.26M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.22M	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$149.61M	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$988.00K	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$2.23M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.31M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$315.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.76M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.17M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$7.36M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$7.98M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$714.00K	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$767.00K	USD	3 Qtrs
Loan fees paid related to borrowings	`PaymentsOfLoanCosts`	-	USD	3 Qtrs
Loan fees paid related to borrowings	`PaymentsOfLoanCosts`	$666.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$813.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.60M	USD	3 Qtrs
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	$242.30M	USD	3 Qtrs
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	$32.30M	USD	3 Qtrs
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	$87.51M	USD	3 Qtrs
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$112.88M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.30M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-82.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00K	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.11M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.50M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.57M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.16M	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`	$50.67M	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`	$16.16M	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`	$50.67M	USD	Point-in-time

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	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`	$262.53M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.86M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$703.07M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$23.63M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$20.06M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.37M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$59.16M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$23.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.43M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-443.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-543.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-230.00K	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`	$2.66M	USD	1 Quarter
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`	$2.66M	USD	1 Quarter
Dividends and dividend equivalents of $0.12 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$2.66M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.23M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$363.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.37M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.54M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$480.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.41M	USD	1 Quarter
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$91.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$674.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$711.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.00K	USD	1 Quarter
Equity consideration for Merger	`AdjustmentsToAdditionalPaidInCapitalMergerConsiderations`	$65.00K	USD	1 Quarter
Equity consideration for Merger	`AdjustmentsToAdditionalPaidInCapitalMergerConsiderations`	$296.21M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	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`	$262.53M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$614.91M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$723.86M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$703.07M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.81M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$86.81M	USD	3 Qtrs
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$23.88M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$59.44M	USD	3 Qtrs
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-467.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.12M	USD	3 Qtrs
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-141.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-134.00K	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$102.00K	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$76.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$89.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$40.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-443.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-543.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-230.00K	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$23.27M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$23.65M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$85.59M	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$59.26M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-444.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-203.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-279.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-180.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.14M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.98M	USD	3 Qtrs

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