$MGPI
MGP INGREDIENTS INC Stock $mgpi

$mgpi Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000162828016015413 Filed on May 04, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$76.84M	$80.41M
YoY Change	-4.45%	-4.93%
Cost Of Revenue	$59.79M	$67.03M
YoY Change	-10.8%	-7.16%
Gross Profit	$17.05M	$13.39M
YoY Change	27.32%	96.85%
Gross Profit Margin	22.19%	16.65%
Selling, General & Admin	$6.321M	$6.480M
YoY Change	-2.45%	27.76%
% of Gross Profit	37.08%	48.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.304M	$3.091M
YoY Change	6.89%	1.61%
% of Gross Profit	19.38%	23.09%
Operating Expenses	$6.321M	$6.480M
YoY Change	-2.45%	27.76%
Operating Profit	$10.73M	$6.908M
YoY Change	55.25%	299.54%
Interest Expense	$311.0K	$131.0K
YoY Change	137.4%	-33.84%
% of Operating Profit	2.9%	1.9%
Other Income/Expense, Net
YoY Change
Pretax Income	$10.93M	$8.129M
YoY Change	34.47%	67.06%
Income Tax	$3.872M	$3.059M
% Of Pretax Income	35.42%	37.63%
Net Earnings	$7.059M	$5.070M
YoY Change	39.23%	5.96%
Net Earnings / Revenue	9.19%	6.3%
Basic Earnings Per Share		$0.28
Diluted Earnings Per Share	$427.7K	$0.28
COMMON SHARES
Basic Shares Outstanding	16.61M shares	17.40M shares
Diluted Shares Outstanding	16.61M shares	17.40M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$0.00	$6.400M
YoY Change	-100.0%
Cash & Equivalents	$0.00	$6.391M
Short-Term Investments
Other Short-Term Assets	$1.400M	$8.200M
YoY Change	-82.93%	32.26%
Inventory	$68.40M	$37.70M
Prepaid Expenses	$1.351M	$1.743M
Receivables	$31.20M	$32.90M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$100.9M	$85.18M
YoY Change	18.5%	23.09%
LONG-TERM ASSETS
Property, Plant & Equipment	$83.42M	$65.54M
YoY Change	27.27%	-3.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$15.78M	$13.67M
YoY Change	15.41%	30.74%
Other Assets	$972.0K	$2.192M
YoY Change	-55.66%	10.43%
Total Long-Term Assets	$100.2M	$81.41M
YoY Change	23.04%	0.88%
TOTAL ASSETS
Total Short-Term Assets	$100.9M	$85.18M
Total Long-Term Assets	$100.2M	$81.41M
Total Assets	$201.1M	$166.6M
YoY Change	20.72%	11.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$16.74M	$16.54M
YoY Change	1.22%	-10.85%
Accrued Expenses	$7.335M	$7.848M
YoY Change	-6.54%	8.41%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$6.000M	$2.600M
YoY Change	130.77%	62.5%
Total Short-Term Liabilities	$37.17M	$32.27M
YoY Change	15.18%	7.84%
LONG-TERM LIABILITIES
Long-Term Debt	$31.40M	$7.700M
YoY Change	307.79%	-64.52%
Other Long-Term Liabilities	$80.00K	$8.200M
YoY Change	-99.02%	1138.67%
Total Long-Term Liabilities	$80.00K	$15.90M
YoY Change	-99.5%	2301.81%
TOTAL LIABILITIES
Total Short-Term Liabilities	$37.17M	$32.27M
Total Long-Term Liabilities	$80.00K	$15.90M
Total Liabilities	$78.15M	$58.11M
YoY Change	34.49%	-9.99%
SHAREHOLDERS EQUITY
Retained Earnings	$120.2M	$93.44M
YoY Change	28.69%	32.41%
Common Stock	$6.715M	$6.715M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$15.84M	$980.0K
YoY Change	1516.73%	91.78%
Treasury Stock Shares	1.429M shares	441.4K shares
Shareholders Equity	$123.0M	$108.5M
YoY Change
Total Liabilities & Shareholders Equity	$201.1M	$166.6M
YoY Change	20.72%	11.13%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$7.059M	$5.070M
YoY Change	39.23%	5.96%
Depreciation, Depletion And Amortization	$3.304M	$3.091M
YoY Change	6.89%	1.61%
Cash From Operating Activities	-$1.641M	$6.121M
YoY Change	-126.81%	-1053.43%
INVESTING ACTIVITIES
Capital Expenditures	$3.053M	$5.030M
YoY Change	-39.3%	130.52%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.053M	-$5.030M
YoY Change	-39.3%	130.52%
FINANCING ACTIVITIES
Cash Dividend Paid	$0.00	$1.087M
YoY Change	-100.0%	19.85%
Common Stock Issuance & Retirement, Net	$0.00	$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net	$438.0K	$398.0K
YoY Change	10.05%	3.65%
Cash From Financing Activities	$3.947M	-$341.0K
YoY Change	-1257.48%	933.33%
NET CHANGE
Cash From Operating Activities	-$1.641M	$6.121M
Cash From Investing Activities	-$3.053M	-$5.030M
Cash From Financing Activities	$3.947M	-$341.0K
Net Change In Cash	-$747.0K	$750.0K
YoY Change	-199.6%	-126.25%
FREE CASH FLOW
Cash From Operating Activities	-$1.641M	$6.121M
Capital Expenditures	$3.053M	$5.030M
Free Cash Flow	-$4.694M	$1.091M
YoY Change	-530.25%	-138.63%

Facts In Submission

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CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1013000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	972000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-72000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-17000	USD
CY2015Q4	us-gaap	Other Inventory OtherInventory	887000	USD
CY2016Q1	us-gaap	Other Inventory OtherInventory	894000	USD
CY2015Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	5371000	USD
CY2016Q1	us-gaap	Other Inventory Supplies OtherInventorySupplies	5610000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	79000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	80000	USD
CY2015Q4	us-gaap	Other Postretirement Benefits Payable Current And Noncurrent OtherPostretirementBenefitsPayableCurrentAndNoncurrent	4136000	USD
CY2016Q1	us-gaap	Other Postretirement Benefits Payable Current And Noncurrent OtherPostretirementBenefitsPayableCurrentAndNoncurrent	4085000	USD
CY2015Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	291000	USD
CY2016Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	68000	USD
CY2015Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	1087000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5030000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3053000	USD
CY2015	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05
CY2016Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0500
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2016Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	4000	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	4000	USD
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1062000	USD
CY2016Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1351000	USD
CY2015Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1086000	USD
CY2016Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	8099000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	229914000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	233002000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	83554000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	83417000	USD
CY2015Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	30670000	USD
CY2016Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	31204000	USD
CY2015Q1	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	9292000	USD
CY2016Q1	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	6241000	USD
CY2015Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	738000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	3646000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	438000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	114558000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1434389	shares
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1429038	shares
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	120242000	USD
CY2015Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	84864000	USD
CY2016Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	77191000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	80413000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	76835000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6480000	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6321000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	205000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	652000	USD
CY2015Q1	us-gaap	Shipping And Handling Revenue ShippingAndHandlingRevenue	3399000	USD
CY2016Q1	us-gaap	Shipping And Handling Revenue ShippingAndHandlingRevenue	4137000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	129000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	116160000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	122961000	USD
CY2015Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	685000	USD
CY2016Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	4797000	USD
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	15973000	USD
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	15844000	USD
CY2015Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-209000	USD
CY2016Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-270000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17396372	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16607074	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17395659	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16607074	shares
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;">  The financial reporting policies of the Company conform to accounting principles generally accepted in the United States of America ("GAAP").  The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.  The application of certain of these policies places significant demands on management’s judgment, with financial reporting results relying on estimation about the effects of matters that are inherently uncertain.  For all of these policies, management cautions that future events rarely develop as forecast, and estimates routinely require adjustment and may require material adjustment.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0001628280-16-015413-index-headers.html	Edgar Link	pending
0001628280-16-015413-index.html	Edgar Link	pending
0001628280-16-015413.txt	Edgar Link	pending
0001628280-16-015413-xbrl.zip	Edgar Link	pending
a3312016ex311.htm	Edgar Link	pending
a3312016ex312.htm	Edgar Link	pending
a3312016ex321.htm	Edgar Link	pending
a3312016ex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mgpi-20160331.xml	Edgar Link	completed
mgpi-20160331.xsd	Edgar Link	pending
mgpi-20160331_cal.xml	Edgar Link	unprocessable
mgpi-20160331_def.xml	Edgar Link	unprocessable
mgpi-20160331_lab.xml	Edgar Link	unprocessable
mgpi-20160331_pre.xml	Edgar Link	unprocessable
mgpi331201610q.htm	Edgar Link	pending
mgplogo4ca01.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MGPI
MGP INGREDIENTS INC Stock $mgpi

2016 Q1 Form 10-Q Financial Statement

#000162828016015413 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI MGP INGREDIENTS INC Stock $mgpi

2016 Q1 Form 10-Q Financial Statement

#000162828016015413 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI
MGP INGREDIENTS INC Stock $mgpi