$MGPI
MGP INGREDIENTS INC Stock $mgpi

$mgpi Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-Q Financial Statement

#000162828018013235 Filed on November 01, 2018

Income Statement

Concept	2018 Q4	2018 Q3	2017 Q4
Revenue	$104.9M	$95.03M	$88.19M
YoY Change	18.89%	10.07%	8.69%
Cost Of Revenue	$79.24M	$75.43M	$68.67M
YoY Change	15.4%	11.41%	8.04%
Gross Profit	$25.61M	$19.60M	$19.53M
YoY Change	31.15%	5.23%	11.03%
Gross Profit Margin	24.42%	20.62%	22.14%
Selling, General & Admin	$8.996M	$7.584M	$8.993M
YoY Change	0.03%	-6.99%	28.71%
% of Gross Profit	35.13%	38.7%	46.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.830M	$2.703M	$2.870M
YoY Change	-1.39%	-6.37%	8.71%
% of Gross Profit	11.05%	13.79%	14.7%
Operating Expenses	$8.996M	$7.584M	$8.993M
YoY Change	0.03%	-6.99%	28.71%
Operating Profit	$16.61M	$12.02M	$10.53M
YoY Change	57.73%	14.75%	-0.62%
Interest Expense	$338.0K	$334.0K	$250.0K
YoY Change	35.2%	49.11%	-20.38%
% of Operating Profit	2.03%	2.78%	2.37%
Other Income/Expense, Net
YoY Change
Pretax Income	$16.27M	$11.68M	$10.28M
YoY Change	58.28%	-45.99%	-14.74%
Income Tax	$4.452M	$2.673M	-$2.357M
% Of Pretax Income	27.36%	22.88%	-22.92%
Net Earnings	$11.82M	$9.008M	$12.64M
YoY Change	-6.46%	-36.28%	52.55%
Net Earnings / Revenue	11.28%	9.48%	14.33%
Basic Earnings Per Share
Diluted Earnings Per Share	$698.2K	$532.5K	$750.0K
COMMON SHARES
Basic Shares Outstanding	16.86M shares	16.85M shares	16.72M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q4	2018 Q3	2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.000M	$0.00	$3.100M
YoY Change	61.29%	-100.0%	93.75%
Cash & Equivalents	$5.025M	$0.00	$3.084M
Short-Term Investments
Other Short-Term Assets	$1.300M	$1.900M	$2.200M
YoY Change	-40.91%	-24.0%	29.41%
Inventory	$108.8M	$107.3M	$93.10M
Prepaid Expenses	$1.320M	$1.885M	$2.182M
Receivables	$38.80M	$50.00M	$34.30M
Other Receivables	$700.0K	$2.000M	$2.000M
Total Short-Term Assets	$154.6M	$161.2M	$134.7M
YoY Change	14.75%	17.73%	21.5%
LONG-TERM ASSETS
Property, Plant & Equipment	$120.8M	$109.9M	$103.1M
YoY Change	17.21%	16.41%	11.06%
Goodwill			$1.500M
YoY Change			0.0%
Intangibles
YoY Change
Long-Term Investments	$0.00		$0.00
YoY Change			-100.0%
Other Assets	$2.481M	$2.420M	$2.535M
YoY Change	-2.13%	-7.84%	-6.46%
Total Long-Term Assets	$123.3M	$112.3M	$105.6M
YoY Change	16.75%	15.75%	-7.73%
TOTAL ASSETS
Total Short-Term Assets	$154.6M	$161.2M	$134.7M
Total Long-Term Assets	$123.3M	$112.3M	$105.6M
Total Assets	$277.9M	$273.6M	$240.3M
YoY Change	15.63%	16.91%	6.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$25.36M	$22.91M	$30.04M
YoY Change	-15.56%	10.6%	47.66%
Accrued Expenses	$11.71M	$8.545M	$11.17M
YoY Change	4.86%	-12.04%	24.89%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$386.0K	$382.0K	$372.0K
YoY Change	3.76%	3.8%	-91.47%
Total Short-Term Liabilities	$37.46M	$31.83M	$41.58M
YoY Change	-9.9%	3.37%	12.39%
LONG-TERM LIABILITIES
Long-Term Debt	$21.04M	$44.74M	$21.41M
YoY Change	-1.71%	32.39%	-32.35%
Other Long-Term Liabilities	$4.118M	$1.112M	$540.0K
YoY Change	662.59%	139.14%	37.4%
Total Long-Term Liabilities	$25.16M	$45.85M	$21.95M
YoY Change	14.63%	33.84%	-31.49%
TOTAL LIABILITIES
Total Short-Term Liabilities	$37.46M	$31.83M	$41.58M
Total Long-Term Liabilities	$25.16M	$45.85M	$21.95M
Total Liabilities	$76.45M	$83.22M	$71.60M
YoY Change	6.78%	11.58%	-9.42%
SHAREHOLDERS EQUITY
Retained Earnings	$198.9M	$188.5M	$167.1M
YoY Change	19.02%	21.46%	17.16%
Common Stock	$6.715M	$6.715M	$6.715M
YoY Change	0.0%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$19.40M	$19.45M	$18.72M
YoY Change	3.65%	14.89%	10.21%
Treasury Stock Shares	1.260M shares	1.264M shares	1.319M shares
Shareholders Equity	$201.4M	$190.4M	$168.7M
YoY Change
Total Liabilities & Shareholders Equity	$277.9M	$273.6M	$240.3M
YoY Change	15.63%	16.91%	6.65%

Cashflow Statement

Concept	2018 Q4	2018 Q3	2017 Q4
OPERATING ACTIVITIES
Net Income	$11.82M	$9.008M	$12.64M
YoY Change	-6.46%	-36.28%	52.55%
Depreciation, Depletion And Amortization	$2.830M	$2.703M	$2.870M
YoY Change	-1.39%	-6.37%	8.71%
Cash From Operating Activities	$31.82M	$420.0K	$17.02M
YoY Change	86.96%	-92.51%	-4.81%
INVESTING ACTIVITIES
Capital Expenditures	-$12.18M	-$5.800M	-$7.430M
YoY Change	63.93%	56.76%	41.52%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	-$20.00K
YoY Change	-100.0%	-100.0%	-98.33%
Cash From Investing Activities	-$12.18M	-$5.800M	-$7.440M
YoY Change	63.71%	-130.77%	15.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-14.62M	3.110M	-13.61M
YoY Change	7.42%	-112.32%	38.03%
NET CHANGE
Cash From Operating Activities	31.82M	420.0K	17.02M
Cash From Investing Activities	-12.18M	-5.800M	-7.440M
Cash From Financing Activities	-14.62M	3.110M	-13.61M
Net Change In Cash	5.020M	-2.270M	-4.030M
YoY Change	-224.57%	187.34%	-356.69%
FREE CASH FLOW
Cash From Operating Activities	$31.82M	$420.0K	$17.02M
Capital Expenditures	-$12.18M	-$5.800M	-$7.430M
Free Cash Flow	$44.00M	$6.220M	$24.45M
YoY Change	79.96%	-33.19%	5.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	268000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000835011
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16856414	shares
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	MGP INGREDIENTS INC
	dei	Entity Small Business EntitySmallBusiness	false
	mgpi	Accrued Retirement Health And Life Insurance Benefits And Other Noncurrent Liabilities AccruedRetirementHealthAndLifeInsuranceBenefitsAndOtherNoncurrentLiabilities	267000	USD
	mgpi	Accrued Retirement Health And Life Insurance Benefits And Other Noncurrent Liabilities AccruedRetirementHealthAndLifeInsuranceBenefitsAndOtherNoncurrentLiabilities	-395000	USD
CY2017Q4	mgpi	Barreled Whiskey And Bourbon BarreledWhiskeyAndBourbon	65726000	USD
CY2018Q3	mgpi	Barreled Whiskey And Bourbon BarreledWhiskeyAndBourbon	71531000	USD
CY2016Q4	mgpi	Loss Contingency Insurance Deductible LossContingencyInsuranceDeductible	250000	USD
CY2017Q3	mgpi	Net Salesto Customers NetSalestoCustomers	86333000	USD
	mgpi	Net Salesto Customers NetSalestoCustomers	259255000	USD
CY2018Q3	mgpi	Net Salesto Customers NetSalestoCustomers	95031000	USD
	mgpi	Net Salesto Customers NetSalestoCustomers	271239000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	202764000	USD
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	0	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	2472000	USD
CY2017Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	24838000	USD
CY2018Q3	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	45045000	USD
	mgpi	Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Awards SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofAwards	2	plan
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	30037000	USD
CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	22905000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	11171000	USD
CY2018Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8545000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	164237000	USD
CY2018Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	172344000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-311000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-269000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	13912000	USD
CY2018Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	14888000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2049000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	24000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	24000	USD
CY2017Q4	us-gaap	Assets Assets	240328000	USD
CY2018Q3	us-gaap	Assets Assets	273580000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	134742000	USD
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CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1569000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7113000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3084000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	5544000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-3084000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2018Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	18115965	shares
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CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16797420	shares
CY2018Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16851916	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	6715000	USD
CY2018Q3	us-gaap	Common Stock Value CommonStockValue	6715000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14098000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	29064000	USD
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	9022000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	25504000	USD
CY2017Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	2151000	USD
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CY2017Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	67708000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	356000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	924000	USD
CY2018Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	75432000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	213248000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	710000	USD
CY2018Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	612000	USD
CY2017Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	12000	USD
CY2018Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	936000	USD
CY2017Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2887000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8441000	USD
CY2018Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2703000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8529000	USD
	us-gaap	Dividends Dividends	4122000	USD
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.82
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.70
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CY2017Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.346
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.313
CY2018Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.229
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.221
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
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	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	7131000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
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	us-gaap	Gross Profit GrossProfit	56491000	USD
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	us-gaap	Gross Profit GrossProfit	57991000	USD
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	32706000	USD
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CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7491000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7244000	USD
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	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4193000	USD
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	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-31000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-617000	USD
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	us-gaap	Interest Expense InterestExpense	830000	USD
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	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	14197000	USD
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CY2018Q3	us-gaap	Liabilities Current LiabilitiesCurrent	31832000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	24554000	USD
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CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	21407000	USD
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CY2017Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	372000	USD
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CY2017Q3	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	250000	USD
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	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-20119000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14127000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	9216000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18870000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16447000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1659000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	14137000	USD
	us-gaap	Net Income Loss NetIncomeLoss	29184000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	9008000	USD
	us-gaap	Net Income Loss NetIncomeLoss	25462000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13723000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	28378000	USD
CY2018Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8834000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	24971000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	10471000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	32377000	USD
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	12015000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	33536000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2535000	USD
CY2018Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2420000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-39000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-120000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	14000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	42000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	39000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	120000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-14000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-42000	USD
CY2017Q4	us-gaap	Other Inventory OtherInventory	994000	USD
CY2018Q3	us-gaap	Other Inventory OtherInventory	1676000	USD
CY2017Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	7256000	USD
CY2018Q3	us-gaap	Other Inventory Supplies OtherInventorySupplies	7555000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	540000	USD
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1112000	USD
CY2017Q4	us-gaap	Other Postretirement Benefits Payable Current And Noncurrent OtherPostretirementBenefitsPayableCurrentAndNoncurrent	3133000	USD
CY2018Q3	us-gaap	Other Postretirement Benefits Payable Current And Noncurrent OtherPostretirementBenefitsPayableCurrentAndNoncurrent	2913000	USD
CY2017Q2	us-gaap	Payments For Legal Settlements PaymentsForLegalSettlements	75000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	377000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	16692000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	4125000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1377000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2215000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13630000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	18870000	USD
CY2017	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05
	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0500
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	279000	USD
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	18425000	USD
CY2018Q3	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	0	USD
CY2018Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	4000	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	4000	USD
CY2017Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2182000	USD
CY2018Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1885000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	22832000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	14000	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	20000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	20580000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	22766000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	267288000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	282271000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	103051000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	109927000	USD
CY2017Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	34347000	USD
CY2018Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	49991000	USD
CY2017Q3	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	0	USD
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	0	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	41985000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	2020000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	806000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	167129000	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	188469000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2215000	USD
CY2017Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	414000	USD
CY2017Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	86333000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	259255000	USD
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	95031000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	271239000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8154000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	24114000	USD
CY2018Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7584000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	24455000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2130000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2464000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	416000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	168730000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	190362000	USD
CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1318545	shares
CY2018Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	1264049	shares
CY2017Q4	us-gaap	Treasury Stock Value TreasuryStockValue	18719000	USD
CY2018Q3	us-gaap	Treasury Stock Value TreasuryStockValue	19445000	USD
CY2018Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	174000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	491000	USD
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16751346	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16735378	shares
CY2018Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16872091	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16861700	shares
	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 GAAP.  The preparation of unaudited condensed consolidated 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 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
0001628280-18-013235-index-headers.html	Edgar Link	pending
0001628280-18-013235-index.html	Edgar Link	pending
0001628280-18-013235.txt	Edgar Link	pending
0001628280-18-013235-xbrl.zip	Edgar Link	pending
a9302018ex311.htm	Edgar Link	pending
a9302018ex312.htm	Edgar Link	pending
a9302018ex321.htm	Edgar Link	pending
a9302018ex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mgpi-20180930.xml	Edgar Link	completed
mgpi-20180930.xsd	Edgar Link	pending
mgpi-20180930_cal.xml	Edgar Link	unprocessable
mgpi-20180930_def.xml	Edgar Link	unprocessable
mgpi-20180930_lab.xml	Edgar Link	unprocessable
mgpi-20180930_pre.xml	Edgar Link	unprocessable
mgpi930201810q.htm	Edgar Link	pending
mgplogo4ca04.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

2018 Q4 Form 10-Q Financial Statement

#000162828018013235 Filed on November 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI MGP INGREDIENTS INC Stock $mgpi

2018 Q4 Form 10-Q Financial Statement

#000162828018013235 Filed on November 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI
MGP INGREDIENTS INC Stock $mgpi