10-K Filing

MGP INGREDIENTS INC CIK: 835011 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001628280-24-006149`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	mgpi-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 72 Cash Flow Statement 113 Stockholders Equity 42 Comprehensive Income 21

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.48M	USD	Point-in-time
Receivables, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.48M	USD	Point-in-time
Preferred stock, percentage of non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Preferred stock, percentage of non-cumulative	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.89M	USD	Point-in-time
Receivables (less allowance for credit loss of $1,475 at both December 31, 2023 and 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
Receivables (less allowance for credit loss of $1,475 at both December 31, 2023 and 2022)	`AccountsReceivableNetCurrent`	$144.29M	USD	Point-in-time
Inventory	`InventoryGross`	$289.72M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Inventory	`InventoryGross`	$346.85M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.96M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.58M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	437.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$1.19M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	437.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$4.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$514.30M	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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$262.30M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$235.63M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$13.97M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	23.13M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$15.04M	USD	Point-in-time
Investment in joint venture	`EquityMethodInvestments`	$5.20M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	21.99M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	22.02M	shares	Point-in-time
Investment in joint venture	`EquityMethodInvestments`	$5.53M	USD	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.11M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$216.77M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$271.71M	USD	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	1.13M	shares	Point-in-time
Goodwill	`Goodwill`	$226.29M	USD	Point-in-time
Goodwill	`Goodwill`	$321.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.33M	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`	$1.39B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.60M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$6.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$73.59M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$4.63M	USD	Point-in-time
Federal and state excise taxes payable	`SalesAndExciseTaxPayableCurrent`	$2.25M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$28.72M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$31.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.11M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$29.51M	USD	Point-in-time
Long-term debt, less current maturities	`OtherLongTermDebtNoncurrent`	$85.31M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.22M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$195.54M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.29M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.62M	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiability`	-	USD	Point-in-time
Contingent consideration	`BusinessCombinationContingentConsiderationLiability`	$69.20M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.72M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.76M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$63.07M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$67.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$412.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$543.28M	USD	Point-in-time
Commitments and Contingencies Note 11	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies Note 11	`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 December 31, 2023 and 2022; 22,016,113 and 21,994,042 shares outstanding at December 31, 2023 and 2022, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at December 31, 2023 and 2022; 22,016,113 and 21,994,042 shares outstanding at December 31, 2023 and 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`	$325.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$539.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$443.06M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-304.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-397.00K	USD	Point-in-time
Treasury stock, at cost, 1,109,053 and 1,131,124 shares at December 31, 2023 and 2022, respectively	`TreasuryStockCommonValue`	$21.59M	USD	Point-in-time
Treasury stock, at cost, 1,109,053 and 1,131,124 shares at December 31, 2023 and 2022, respectively	`TreasuryStockCommonValue`	$21.17M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$850.49M	USD	Point-in-time
Total MGP Ingredients, Inc. stockholders equity	`StockholdersEquity`	$746.72M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.43M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-1.08M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$849.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.16B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$782.36M	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$836.52M	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$626.72M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$427.75M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$531.81M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$529.05M	USD	Annual
Gross profit	`GrossProfit`	$198.97M	USD	Annual
Gross profit	`GrossProfit`	$304.71M	USD	Annual
Gross profit	`GrossProfit`	$253.31M	USD	Annual
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$38.21M	USD	Annual
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$29.71M	USD	Annual
Advertising and promotion expenses	`MarketingAndAdvertisingExpense`	$16.10M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$91.39M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$72.83M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$74.63M	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$19.39M	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$7.10M	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Insurance recoveries	`InsuranceRecoveries`	-	USD	Annual
Insurance recoveries	`InsuranceRecoveries`	-	USD	Annual
Insurance recoveries	`InsuranceRecoveries`	$16.32M	USD	Annual
Operating income	`OperatingIncomeLoss`	$126.36M	USD	Annual
Operating income	`OperatingIncomeLoss`	$148.97M	USD	Annual
Operating income	`OperatingIncomeLoss`	$148.61M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.45M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-6.65M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.04M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.23M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.34M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-220.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$141.75M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$121.10M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.17M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$34.62M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$30.28M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$31.30M	USD	Annual
Net income	`ProfitLoss`	$90.82M	USD	Annual
Net income	`ProfitLoss`	$108.87M	USD	Annual
Net income	`ProfitLoss`	$107.13M	USD	Annual
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-590.00K	USD	Annual
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-345.00K	USD	Annual
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-490.00K	USD	Annual
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$109.46M	USD	Annual
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$91.31M	USD	Annual
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$107.47M	USD	Annual
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$871.00K	USD	Annual
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$1.07M	USD	Annual
Income attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$712.00K	USD	Annual
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$1.07M	USD	Annual
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$712.00K	USD	Annual
Income attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$871.00K	USD	Annual
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$106.40M	USD	Annual
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$90.59M	USD	Annual
Net income used in earnings per common share calculation, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$108.59M	USD	Annual
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$106.40M	USD	Annual
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$90.59M	USD	Annual
Net income used in earnings per common share calculation, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$108.59M	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.72M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.06M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.72M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.17M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.05M	shares	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.37	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.94	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.82	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.80	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.37	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.92	USD	Annual

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$90.82M	USD	Annual
Net income	`ProfitLoss`	$108.87M	USD	Annual
Net income	`ProfitLoss`	$107.13M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.11M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.09M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.45M	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	$19.39M	USD	Annual
Impairment of long-lived assets and other	`AssetImpairmentCharges`	-	USD	Annual
Gain on insurance recoveries	`GainLossOnInsuranceRecoveries`	-	USD	Annual
Gain on insurance recoveries	`GainLossOnInsuranceRecoveries`	$16.32M	USD	Annual
Gain on insurance recoveries	`GainLossOnInsuranceRecoveries`	-	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$5.50M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$10.63M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$5.55M	USD	Annual
Equity method investment loss	`IncomeLossFromEquityMethodInvestments`	$-2.22M	USD	Annual
Equity method investment loss	`IncomeLossFromEquityMethodInvestments`	$-1.61M	USD	Annual
Equity method investment loss	`IncomeLossFromEquityMethodInvestments`	$-337.00K	USD	Annual
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-6.77M	USD	Annual
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$-1.01M	USD	Annual
Deferred income taxes, including change in valuation allowance	`IncreaseDecreaseInDeferredTaxAssetValuationAllowance`	$4.04M	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$7.10M	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-145.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-194.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-728.00K	USD	Annual
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$16.79M	USD	Annual
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$6.03M	USD	Annual
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$32.40M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$44.35M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$14.21M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$46.92M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.47M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$481.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.59M	USD	Annual
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.24M	USD	Annual
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.21M	USD	Annual
Income taxes payable (refundable)	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.14M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$10.63M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.41M	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$348.00K	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$1.98M	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$738.00K	USD	Annual
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.47M	USD	Annual
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-2.38M	USD	Annual
Federal and state excise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-2.37M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$75.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$-829.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherOperatingActivities`	$-1.49M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$88.94M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$88.26M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.78M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.27M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.32M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.39M	USD	Annual
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$149.00M	USD	Annual
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Purchase of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$103.71M	USD	Annual
Contributions to equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$1.47M	USD	Annual
Contributions to equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.81M	USD	Annual
Contributions to equity method investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Proceeds from property insurance recoveries	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Proceeds from property insurance recoveries	`ProceedsFromInsuranceSettlementInvestingActivities`	$16.32M	USD	Annual
Proceeds from property insurance recoveries	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$263.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-320.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.08M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.81M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.62M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-159.24M	USD	Annual
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$10.02M	USD	Annual
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$10.68M	USD	Annual
Payment of dividends and dividend equivalents	`PaymentsOfDividends`	$10.65M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$801.00K	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$767.00K	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$715.00K	USD	Annual
Loan fees incurred with borrowings	`PaymentsOfLoanCosts`	$7.05M	USD	Annual
Loan fees incurred with borrowings	`PaymentsOfLoanCosts`	-	USD	Annual
Loan fees incurred with borrowings	`PaymentsOfLoanCosts`	-	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$3.40M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.62M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$5.60M	USD	Annual
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	$242.30M	USD	Annual
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from credit agreement - revolver	`ProceedsFromLinesOfCredit`	$105.00M	USD	Annual
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	$242.30M	USD	Annual
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payments on credit agreement - revolver	`RepaymentsOfLinesOfCredit`	$42.00M	USD	Annual
Proceeds from convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from convertible senior notes	`ProceedsFromConvertibleDebt`	$201.25M	USD	Annual
Proceeds from convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	$87.51M	USD	Annual
Payment on assumed debt as part of the Merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$45.92M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.76M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$94.29M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-25.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-38.00K	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.32M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.50M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-94.00K	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.39M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.66M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.89M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.57M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.39M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.66M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.89M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.57M	USD	Point-in-time

Stockholders Equity 42 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
Dividends and dividend equivalents (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.48	USD	Annual
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`	$0.48	USD	Annual
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`	$0.48	USD	Annual
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$849.07M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$90.82M	USD	Annual
Net income (loss)	`ProfitLoss`	$108.87M	USD	Annual
Net income (loss)	`ProfitLoss`	$107.13M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-658.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-132.00K	USD	Annual
Dividends and dividend equivalents of $0.48 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$10.64M	USD	Annual
Dividends and dividend equivalents of $0.48 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$10.65M	USD	Annual
Dividends and dividend equivalents of $0.48 per common share and per restricted stock unit, net of estimated forfeitures	`Dividends`	$10.01M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.52M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.84M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.55M	USD	Annual
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	Annual
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	Annual
Stock shares awarded, forfeited or vested	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	Annual
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$801.00K	USD	Annual
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$715.00K	USD	Annual
Stock shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$767.00K	USD	Annual
Equity consideration for Merger	`AdjustmentsToAdditionalPaidInCapitalMergerConsiderations`	$296.28M	USD	Annual
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$745.64M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$262.53M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$849.07M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$644.26M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$109.46M	USD	Annual
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$91.31M	USD	Annual
Net income attributable to MGP Ingredients, Inc.	`NetIncomeLoss`	$107.47M	USD	Annual
Unrealized gain (loss) on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$236.00K	USD	Annual
Unrealized gain (loss) on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-151.00K	USD	Annual
Unrealized gain (loss) on foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-676.00K	USD	Annual
Changes in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00K	USD	Annual
Changes in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.00K	USD	Annual
Changes in Company-sponsored post-employment benefit plan	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$329.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-658.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00K	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-132.00K	USD	Annual
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$91.17M	USD	Annual
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$107.38M	USD	Annual
Comprehensive income attributable to MGP Ingredients, Inc.	`ComprehensiveIncomeNetOfTax`	$108.80M	USD	Annual
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-490.00K	USD	Annual
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-345.00K	USD	Annual
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-590.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$108.21M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$90.69M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$107.04M	USD	Annual

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