10-Q Filing

MGP INGREDIENTS INC CIK: 835011 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-015452`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	mgpi-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 42 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`	$1.48M	USD	Point-in-time
Receivables, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.48M	USD	Point-in-time
Preferred stock, percentage non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.89M	USD	Point-in-time
Preferred stock, percentage non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Receivables (less allowance for credit loss, $1,475 at both March 31, 2023, and December 31, 2022)	`AccountsReceivableNetCurrent`	$128.61M	USD	Point-in-time
Receivables (less allowance for credit loss, $1,475 at both March 31, 2023, and December 31, 2022)	`AccountsReceivableNetCurrent`	$109.27M	USD	Point-in-time
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
Inventory	`InventoryGross`	$289.72M	USD	Point-in-time
Inventory	`InventoryGross`	$308.56M	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
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`	$6.54M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.96M	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`	$4.33M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$475.44M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$454.16M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$461.07M	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$450.80M	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`	$220.10M	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.99M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$240.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.01M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$235.63M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$15.04M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$14.70M	USD	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.12M	shares	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.13M	shares	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$5.27M	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$5.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$216.25M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$216.77M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.26M	USD	Point-in-time
Total assets	`Assets`	$1.18B	USD	Point-in-time
Total assets	`Assets`	$1.16B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$6.40M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.75M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$4.63M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$7.39M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.72M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$17.06M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$28.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.38M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$27.91M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$29.51M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.22M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.31M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.25M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.62M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.77M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.72M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$67.11M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$67.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$412.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$408.24M	USD	Point-in-time
Commitments and Contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 7)	`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, 2023 and December 31, 2022; and 22,008,929 and 21,994,042 shares outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at March 31, 2023 and December 31, 2022; and 22,008,929 and 21,994,042 shares outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$318.84M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$321.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$471.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$443.06M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-236.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-304.00K	USD	Point-in-time
Treasury stock, at cost, 1,116,237 and 1,131,124 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$21.89M	USD	Point-in-time
Treasury stock, at cost, 1,116,237 and 1,131,124 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$21.59M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$746.72M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$777.07M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.12M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.08M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$679.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.18B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.16B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$201.01M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$195.24M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$131.19M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$123.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$71.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$69.82M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$7.73M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$5.50M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$20.53M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$41.56M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.08M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-995.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.60M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$123.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$54.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$40.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.54M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.65M	USD	1 Quarter
Net income	`ProfitLoss`	$31.03M	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`	$-39.00K	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$37.44M	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$31.07M	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$311.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$318.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$318.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$311.00K	USD	1 Quarter
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.12M	USD	1 Quarter
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.76M	USD	1 Quarter
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$37.12M	USD	1 Quarter
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$30.76M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.04M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.07M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.69	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$31.03M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.17M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.37M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.22M	USD	1 Quarter
Equity method investment loss (income)	`IncomeLossFromEquityMethodInvestments`	$394.00K	USD	1 Quarter
Equity method investment loss (income)	`IncomeLossFromEquityMethodInvestments`	$-260.00K	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`	$-573.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-24.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-99.00K	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$9.60M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$19.23M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$18.71M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$13.70M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.58M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-657.00K	USD	1 Quarter
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.44M	USD	1 Quarter
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.04M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$4.64M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$6.50M	USD	1 Quarter
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-8.90M	USD	1 Quarter
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-10.21M	USD	1 Quarter
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-515.00K	USD	1 Quarter
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$2.76M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$-89.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$136.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.02M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.23M	USD	1 Quarter
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.24M	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`	$708.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.95M	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`	$2.67M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$714.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$801.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$800.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$807.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.27M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.18M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-288.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.16M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.73M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.89M	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`	$27.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.89M	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`	$27.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.73M	USD	Point-in-time

Stockholders Equity 22 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
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	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
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$31.03M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.37M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$68.00K	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
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`	$2.67M	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`	$801.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$711.00K	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	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
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	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`	$31.07M	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$175.00K	USD	1 Quarter
Unrealized gain (loss) on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-219.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$107.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$68.00K	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$31.14M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$37.20M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-66.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-39.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.10M	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.