10-Q Filing

MGP INGREDIENTS INC CIK: 835011 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-036204`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mgpi-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 96 Cash Flow Statement 78 Stockholders Equity 60 Comprehensive Income 32

Balance Sheet 104 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
Preferred stock, percentage non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.89M	USD	Point-in-time
Receivables (less allowance for credit loss, $1,475 at both September 30, 2023, and December 31, 2022)	`AccountsReceivableNetCurrent`	$109.27M	USD	Point-in-time
Receivables (less allowance for credit loss, $1,475 at both September 30, 2023, and December 31, 2022)	`AccountsReceivableNetCurrent`	$126.69M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Inventory	`InventoryGross`	$342.40M	USD	Point-in-time
Inventory	`InventoryGross`	$289.72M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$2.96M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.60M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$2.19M	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$4.33M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$503.92M	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$450.80M	USD	Point-in-time
Property, plant, and equipment	`PropertyPlantAndEquipmentGross`	$465.75M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.17M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$222.50M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$243.25M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.02M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$235.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	21.99M	shares	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.13M	shares	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`	$15.55M	USD	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.11M	shares	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$5.53M	USD	Point-in-time
Investment in joint ventures	`EquityMethodInvestments`	$5.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$272.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$216.77M	USD	Point-in-time
Goodwill	`Goodwill`	$321.54M	USD	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.24M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.78M	USD	Point-in-time
Total assets	`Assets`	$1.16B	USD	Point-in-time
Total assets	`Assets`	$1.37B	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`	$54.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.43M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$4.63M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$2.72M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$26.59M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$28.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$90.11M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$29.51M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$114.81M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.22M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.47M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.62M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.61M	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiability`	$66.30M	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiability`	-	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.72M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.89M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$67.11M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$65.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$412.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$548.18M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`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, 2023 and December 31, 2022; and 22,015,196 and 21,994,042 shares outstanding at September 30, 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 September 30, 2023 and December 31, 2022; and 22,015,196 and 21,994,042 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$323.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$318.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$511.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$443.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-478.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-304.00K	USD	Point-in-time
Treasury stock, at cost, 1,109,970 and 1,131,124 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$21.59M	USD	Point-in-time
Treasury stock, at cost, 1,109,970 and 1,131,124 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$21.26M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$819.59M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$746.72M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.08M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$703.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$807.12M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	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`	$723.86M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$818.19M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.37B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$201.15M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$591.36M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$211.62M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$621.63M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$401.27M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$402.07M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$142.10M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$138.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$219.57M	USD	3 Qtrs
Gross profit	`GrossProfit`	$190.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$73.45M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.05M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$25.88M	USD	3 Qtrs
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$9.51M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$7.28M	USD	1 Quarter
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$18.85M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$21.57M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.99M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.91M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.61M	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$18.33M	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$18.33M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$4.20M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$4.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.25M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$19.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$105.54M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$33.86M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.35M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.49M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.63M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.35M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-25.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.35M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.40M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.92M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.46M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.37M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.04M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.53M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.83M	USD	3 Qtrs
Net income	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income	`ProfitLoss`	$13.09M	USD	1 Quarter
Net income	`ProfitLoss`	$76.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$31.96M	USD	1 Quarter
Net income	`ProfitLoss`	$23.63M	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`	$-444.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-324.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-123.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-180.00K	USD	1 Quarter
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$13.21M	USD	1 Quarter
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`	$76.41M	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$760.00K	USD	3 Qtrs
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$188.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$129.00K	USD	1 Quarter
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$688.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$188.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$129.00K	USD	1 Quarter
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$760.00K	USD	3 Qtrs
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$688.00K	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`	$13.08M	USD	1 Quarter
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$75.65M	USD	3 Qtrs
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, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$23.62M	USD	1 Quarter
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$86.12M	USD	3 Qtrs
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$75.65M	USD	3 Qtrs
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$13.08M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.07M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.06M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.01M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.21M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.38M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.91	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.43	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.91	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.41	USD	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income	`ProfitLoss`	$13.09M	USD	1 Quarter
Net income	`ProfitLoss`	$76.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$31.96M	USD	1 Quarter
Net income	`ProfitLoss`	$23.63M	USD	1 Quarter
Net income	`ProfitLoss`	$31.03M	USD	1 Quarter
Net income	`ProfitLoss`	$37.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.27M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.26M	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$18.33M	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$18.33M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.09M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.65M	USD	3 Qtrs
Equity method investment loss	`IncomeLossFromEquityMethodInvestments`	$-1.04M	USD	3 Qtrs
Equity method investment loss	`IncomeLossFromEquityMethodInvestments`	$-191.00K	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`	$2.11M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$4.20M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$4.20M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-376.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-426.00K	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$15.58M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$14.98M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$42.02M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$30.60M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.52M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.17M	USD	3 Qtrs
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.13M	USD	3 Qtrs
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.01M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-10.07M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.61M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-2.47M	USD	3 Qtrs
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$1.22M	USD	3 Qtrs
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-2.28M	USD	3 Qtrs
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.91M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$143.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$-435.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$48.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$72.25M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.06M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.22M	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$103.71M	USD	3 Qtrs
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$2.23M	USD	3 Qtrs
Contributions to equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$916.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$315.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-146.69M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.76M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$8.01M	USD	3 Qtrs
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$7.98M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$801.00K	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$714.00K	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$105.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$18.00M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.60M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.19M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.30M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-82.00K	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.11M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.86M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.89M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.03M	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`	$50.67M	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`	$28.03M	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`	$50.67M	USD	Point-in-time

Stockholders Equity 60 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`	$703.07M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$807.12M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	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`	$723.86M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$818.19M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$86.36M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$25.36M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$13.09M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$76.08M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$31.96M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$23.63M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$31.03M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.37M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$68.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-443.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-309.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-543.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$67.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	3 Qtrs
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
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
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`	$2.67M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$949.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.81M	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`	$1.41M	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 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`	$2.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$711.00K	USD	1 Quarter
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$801.00K	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$703.07M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$775.95M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$807.12M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	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`	$723.86M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$818.19M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$13.21M	USD	1 Quarter
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`	$76.41M	USD	3 Qtrs
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-467.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-317.00K	USD	1 Quarter
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.12M	USD	3 Qtrs
Unrealized loss on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00K	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`	$102.00K	USD	3 Qtrs
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.00K	USD	1 Quarter
Change in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$168.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$68.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-232.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-443.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-174.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-309.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-543.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$67.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$85.59M	USD	3 Qtrs
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$23.27M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$12.90M	USD	1 Quarter
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$76.23M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-324.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-123.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-444.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-180.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.91M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.14M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.78M	USD	1 Quarter

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