2021 Q4 Form 10-K Financial Statement

#000162828022003647 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021 Q2
Revenue $166.8M $176.6M $174.9M
YoY Change 65.33% 71.53% 89.0%
Cost Of Revenue $114.1M $119.5M $118.1M
YoY Change 64.91% 49.78% 64.37%
Gross Profit $52.75M $57.09M $56.83M
YoY Change 66.25% 146.46% 174.5%
Gross Profit Margin 31.62% 32.32% 32.48%
Selling, General & Admin $17.55M $18.54M $25.79M
YoY Change 14.64% 106.94% 190.17%
% of Gross Profit 33.27% 32.47% 45.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.424M $5.243M $5.115M
YoY Change 62.4% 60.14% 58.85%
% of Gross Profit 10.28% 9.18% 9.0%
Operating Expenses $17.55M $18.54M $25.79M
YoY Change 14.64% 106.94% 190.17%
Operating Profit $45.32M $32.88M $27.66M
YoY Change 191.55% 140.87% 143.98%
Interest Expense $1.329M $1.116M -$1.104M
YoY Change 134.81% 172.86% -470.47%
% of Operating Profit 2.93% 3.39% -3.99%
Other Income/Expense, Net -$751.0K -$421.0K -$88.00K
YoY Change -373.09% -327.57% -126.67%
Pretax Income $43.24M $31.35M $26.47M
YoY Change 183.48% 136.71% 139.77%
Income Tax $11.58M $7.674M $6.412M
% Of Pretax Income 26.78% 24.48% 24.22%
Net Earnings $31.66M $23.88M $20.14M
YoY Change 172.16% 130.0% 137.16%
Net Earnings / Revenue 18.97% 13.52% 11.51%
Basic Earnings Per Share $1.44 $1.08 $0.91
Diluted Earnings Per Share $1.40 $1.08 $0.91
COMMON SHARES
Basic Shares Outstanding 21.96M shares 21.98M shares 21.92M shares
Diluted Shares Outstanding 21.98M shares 21.92M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.57M $16.16M $37.24M
YoY Change -0.61% -19.19% 218.32%
Cash & Equivalents $21.57M $16.16M $37.24M
Short-Term Investments
Other Short-Term Assets $1.510M $2.888M $4.996M
YoY Change -41.92% -25.95% 24.9%
Inventory $245.9M $239.3M $232.3M
Prepaid Expenses $1.510M $2.888M $4.996M
Receivables $92.54M $92.15M $79.11M
Other Receivables $5.539M $1.382M $0.00
Total Short-Term Assets $367.1M $351.9M $353.6M
YoY Change 65.15% 59.17% 62.94%
LONG-TERM ASSETS
Property, Plant & Equipment $207.3M $197.2M $189.6M
YoY Change 57.04% 52.15% 47.46%
Goodwill $226.3M $227.6M $228.2M
YoY Change 8164.94%
Intangibles $218.8M $219.4M $219.9M
YoY Change 24488.54%
Long-Term Investments $4.944M $5.334M $5.739M
YoY Change
Other Assets $7.336M $7.611M $8.001M
YoY Change 108.35% 34.54% 46.3%
Total Long-Term Assets $674.4M $665.6M $660.7M
YoY Change 367.36% 373.17% 371.98%
TOTAL ASSETS
Total Short-Term Assets $367.1M $351.9M $353.6M
Total Long-Term Assets $674.4M $665.6M $660.7M
Total Assets $1.041B $1.017B $1.014B
YoY Change 184.11% 181.27% 184.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $53.71M $37.00M $37.43M
YoY Change 77.43% 27.36% 74.69%
Accrued Expenses $24.87M $39.74M $31.88M
YoY Change 20.46% 166.01% 152.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.227M $3.227M $3.227M
YoY Change 101.69% 706.75% 706.75%
Total Short-Term Liabilities $88.80M $86.47M $83.44M
YoY Change 66.51% 94.72% 112.88%
LONG-TERM LIABILITIES
Long-Term Debt $35.27M $36.07M $36.87M
YoY Change -7.85% -10.64% -8.88%
Other Long-Term Liabilities $5.132M $5.163M $5.117M
YoY Change -27.66% 7.16% 11.12%
Total Long-Term Liabilities $40.40M $41.23M $41.99M
YoY Change -10.95% -8.74% -6.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $88.80M $86.47M $83.44M
Total Long-Term Liabilities $40.40M $41.23M $41.99M
Total Liabilities $397.2M $402.6M $420.8M
YoY Change 281.75% 266.81% 268.1%
SHAREHOLDERS EQUITY
Retained Earnings $344.2M $315.0M $293.7M
YoY Change 30.92% 24.34% 19.88%
Common Stock $6.715M $6.715M $6.715M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $22.36M $22.41M $22.47M
YoY Change -3.32% -3.42% -5.72%
Treasury Stock Shares 1.161M shares 1.162M shares 1.163M shares
Shareholders Equity $644.8M $615.2M $593.6M
YoY Change
Total Liabilities & Shareholders Equity $1.041B $1.017B $1.014B
YoY Change 184.11% 181.27% 184.11%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021 Q2
OPERATING ACTIVITIES
Net Income $31.66M $23.88M $20.14M
YoY Change 172.16% 130.0% 137.16%
Depreciation, Depletion And Amortization $5.424M $5.243M $5.115M
YoY Change 62.4% 60.14% 58.85%
Cash From Operating Activities $17.48M $23.33M $30.46M
YoY Change -26.56% -0.59% 458.97%
INVESTING ACTIVITIES
Capital Expenditures -$10.13M -$18.92M -$6.276M
YoY Change 63.68% 468.2% 38.54%
Acquisitions
YoY Change
Other Investing Activities $16.68M -$10.00K -$150.6M
YoY Change 709.66% -104.55% -48686.77%
Cash From Investing Activities $6.547M -$18.93M -$156.9M
YoY Change -258.14% 510.68% 3617.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.60M -25.48M 141.1M
YoY Change 3.48% 109.68% -538.98%
NET CHANGE
Cash From Operating Activities 17.48M 23.33M 30.46M
Cash From Investing Activities 6.547M -18.93M -156.9M
Cash From Financing Activities -18.60M -25.48M 141.1M
Net Change In Cash 5.429M -21.08M 14.66M
YoY Change 221.24% -356.4% -147.42%
FREE CASH FLOW
Cash From Operating Activities $17.48M $23.33M $30.46M
Capital Expenditures -$10.13M -$18.92M -$6.276M
Free Cash Flow $27.61M $42.25M $36.74M
YoY Change -7.94% 57.66% 268.14%

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CY2020Q4 us-gaap Liabilities
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CY2021Q4 us-gaap Commitments And Contingencies
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CY2020Q4 us-gaap Commitments And Contingencies
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0.05
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0.05
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10
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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10
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CY2020Q4 us-gaap Preferred Stock Shares Authorized
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1000 shares
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437 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
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437 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
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437 shares
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437 shares
CY2021Q4 us-gaap Preferred Stock Value
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CY2020Q4 us-gaap Preferred Stock Value
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4000 USD
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0
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0
CY2021Q4 us-gaap Common Stock Shares Authorized
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40000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
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CY2020Q4 us-gaap Common Stock Shares Issued
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CY2020Q4 us-gaap Common Stock Shares Outstanding
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6715000 USD
CY2020Q4 us-gaap Common Stock Value
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6715000 USD
CY2021Q4 us-gaap Additional Paid In Capital
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CY2020Q4 us-gaap Additional Paid In Capital
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344237000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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262943000 USD
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354000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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486000 USD
CY2021Q4 us-gaap Treasury Stock Shares
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CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2021Q4 us-gaap Treasury Stock Value
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22357000 USD
CY2020Q4 us-gaap Treasury Stock Value
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23125000 USD
CY2021Q4 us-gaap Stockholders Equity
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CY2020Q4 us-gaap Stockholders Equity
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262526000 USD
CY2021Q4 us-gaap Minority Interest
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CY2020Q4 us-gaap Minority Interest
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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262526000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
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1041467000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
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366575000 USD
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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2021 us-gaap Depreciation Depletion And Amortization
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19092000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11572000 USD
CY2021 mgpi Gain Loss On Insurance Recoveries
GainLossOnInsuranceRecoveries
16325000 USD
CY2020 mgpi Gain Loss On Insurance Recoveries
GainLossOnInsuranceRecoveries
0 USD
CY2019 mgpi Gain Loss On Insurance Recoveries
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CY2021 us-gaap Share Based Compensation
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5555000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2019 us-gaap Share Based Compensation
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CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 mgpi Increase Decrease In Deferred Tax Asset Valuation Allowance
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-6772000 USD
CY2020 mgpi Increase Decrease In Deferred Tax Asset Valuation Allowance
IncreaseDecreaseInDeferredTaxAssetValuationAllowance
-593000 USD
CY2019 mgpi Increase Decrease In Deferred Tax Asset Valuation Allowance
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-252000 USD
CY2021 us-gaap Other Noncash Income Expense
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CY2020 us-gaap Other Noncash Income Expense
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CY2019 us-gaap Other Noncash Income Expense
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116000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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6031000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
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16173000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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2134000 USD
CY2021 us-gaap Increase Decrease In Inventories
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14214000 USD
CY2020 us-gaap Increase Decrease In Inventories
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3886000 USD
CY2019 us-gaap Increase Decrease In Inventories
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28162000 USD
CY2021 us-gaap Increase Decrease In Prepaid Expense
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-2586000 USD
CY2020 us-gaap Increase Decrease In Prepaid Expense
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748000 USD
CY2019 us-gaap Increase Decrease In Prepaid Expense
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728000 USD
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1750000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-275000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
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5301000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable Trade
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1817000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
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2107000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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738000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
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11537000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Property And Other Taxes Payable
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CY2020 us-gaap Increase Decrease In Property And Other Taxes Payable
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CY2019 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
140000 USD
CY2021 mgpi Payments For Proceeds From Other Operating Activities
PaymentsForProceedsFromOtherOperatingActivities
75000 USD
CY2020 mgpi Payments For Proceeds From Other Operating Activities
PaymentsForProceedsFromOtherOperatingActivities
-1597000 USD
CY2019 mgpi Payments For Proceeds From Other Operating Activities
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344000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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88263000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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53255000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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19722000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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47389000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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19701000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16730000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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149005000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2750000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Payments To Acquire Equity Method Investments
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1470000 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
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16325000 USD
CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
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0 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2906000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1080000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
102000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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1201000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Payments Of Dividends
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10017000 USD
CY2020 us-gaap Payments Of Dividends
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8188000 USD
CY2019 us-gaap Payments Of Dividends
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6856000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
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767000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
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4411000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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5489000 USD
CY2021 us-gaap Payments Of Loan Costs
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7050000 USD
CY2020 us-gaap Payments Of Loan Costs
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1148000 USD
CY2019 us-gaap Payments Of Loan Costs
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0 USD
CY2021 mgpi Proceeds From Issuance Of Long Term Debt Excluding Convertible Debt
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0 USD
CY2020 mgpi Proceeds From Issuance Of Long Term Debt Excluding Convertible Debt
ProceedsFromIssuanceOfLongTermDebtExcludingConvertibleDebt
0 USD
CY2019 mgpi Proceeds From Issuance Of Long Term Debt Excluding Convertible Debt
ProceedsFromIssuanceOfLongTermDebtExcludingConvertibleDebt
20000000 USD
CY2021 us-gaap Repayments Of Long Term Debt
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1620000 USD
CY2020 us-gaap Repayments Of Long Term Debt
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1208000 USD
CY2019 us-gaap Repayments Of Long Term Debt
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386000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
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242300000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
54700000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
17440000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
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242300000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
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55000000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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28140000 USD
CY2021 us-gaap Proceeds From Convertible Debt
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201250000 USD
CY2020 us-gaap Proceeds From Convertible Debt
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0 USD
CY2019 us-gaap Proceeds From Convertible Debt
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0 USD
CY2021 us-gaap Payments Of Merger Related Costs Financing Activities
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87509000 USD
CY2020 us-gaap Payments Of Merger Related Costs Financing Activities
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0 USD
CY2019 us-gaap Payments Of Merger Related Costs Financing Activities
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0 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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94287000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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-15255000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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0 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-94000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18353000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1716000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21662000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3309000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5025000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21568000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21662000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3309000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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201441000 USD
CY2019 us-gaap Profit Loss
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38793000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
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0.40
CY2019 us-gaap Dividends
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6854000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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2453000 USD
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation
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851000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
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5489000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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231044000 USD
CY2020 us-gaap Profit Loss
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40345000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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732000 USD
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
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0.48
CY2020 us-gaap Dividends
Dividends
8186000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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2067000 USD
CY2020 us-gaap Stock Granted During Period Value Sharebased Compensation
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935000 USD
CY2020 us-gaap Stock Repurchased And Retired During Period Value
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4411000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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262526000 USD
CY2021 us-gaap Profit Loss
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90817000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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-132000 USD
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
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0.48
CY2021 us-gaap Dividends
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10013000 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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5555000 USD
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation
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0 USD
CY2021 us-gaap Stock Repurchased And Retired During Period Value
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767000 USD
CY2021 mgpi Adjustments To Additional Paid In Capital Merger Considerations
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296279000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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644265000 USD
CY2021 us-gaap Number Of Operating Segments
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3 segment
CY2021 us-gaap Use Of Estimates
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">  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 demands on management’s judgment, with financial reporting results relying on estimation about the effects of matters that are inherently uncertain, inclusive of effects related to the COVID-19 pandemic.  For all of these policies, management cautions that future events rarely develop as forecast, and estimates routinely require adjustment and may require material adjustment.</span>
CY2021 us-gaap Interest Expense
InterestExpense
4037000 USD
CY2020 us-gaap Interest Expense
InterestExpense
2267000 USD
CY2019 us-gaap Interest Expense
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1305000 USD
CY2021 us-gaap Interest Costs Capitalized
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339000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
246000 USD
CY2019 us-gaap Interest Costs Capitalized
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575000 USD
CY2021 mgpi Interest Costs Incurred And Expensed
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4376000 USD
CY2020 mgpi Interest Costs Incurred And Expensed
InterestCostsIncurredAndExpensed
2513000 USD
CY2019 mgpi Interest Costs Incurred And Expensed
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1880000 USD
CY2021Q4 us-gaap Debt Instrument Fair Value
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272971000 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
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44548000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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233399000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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39871000 USD
CY2021Q4 us-gaap Equity Method Investments
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4944000 USD
CY2021Q4 us-gaap Inventory Finished Goods
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35362000 USD
CY2020Q4 us-gaap Inventory Finished Goods
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16414000 USD
CY2021Q4 mgpi Inventory Barreled Distillate Gross
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174080000 USD
CY2020Q4 mgpi Inventory Barreled Distillate Gross
InventoryBarreledDistillateGross
105445000 USD
CY2021Q4 us-gaap Inventory Raw Materials
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24981000 USD
CY2020Q4 us-gaap Inventory Raw Materials
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6954000 USD
CY2021Q4 us-gaap Inventory Work In Process
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1261000 USD
CY2020Q4 us-gaap Inventory Work In Process
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1805000 USD
CY2021Q4 us-gaap Other Inventory Supplies
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9179000 USD
CY2020Q4 us-gaap Other Inventory Supplies
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8634000 USD
CY2021Q4 us-gaap Other Inventory
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1081000 USD
CY2020Q4 us-gaap Other Inventory
OtherInventory
1759000 USD
CY2021Q4 us-gaap Inventory Gross
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245944000 USD
CY2020Q4 us-gaap Inventory Gross
InventoryGross
141011000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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428249000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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313730000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
220963000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
181738000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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207286000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
131992000 USD
CY2021Q4 us-gaap Accrued Employee Benefits Current
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1427000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
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3033000 USD
CY2021Q4 us-gaap Accrued Salaries Current
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16466000 USD
CY2020Q4 us-gaap Accrued Salaries Current
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12607000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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1495000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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1461000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
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2865000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2112000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
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2616000 USD
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2070000 USD
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2070000 USD
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2070000 USD
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2070000 USD
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6430000 USD
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1540000 USD
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294000 USD
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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204000 USD
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203000 USD
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46956000 USD
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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165000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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112000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2021 mgpi Number Of Board Members Common Shareholders Are Entitled To Elect
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712000 USD
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261000 USD
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253000 USD
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253000 USD
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90595000 USD
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40084000 USD
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38540000 USD
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38540000 USD
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0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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0 shares
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25000000 USD
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4053000 USD
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2033000 USD
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19000 USD
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2052000 USD
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2635000 USD
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2047000 USD
CY2020Q1 us-gaap Dividends Common Stock Stock
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13000 USD
CY2020Q1 us-gaap Dividends Common Stock
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2060000 USD
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2027000 USD
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2029000 USD
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2655000 USD
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0.12
CY2021Q3 us-gaap Dividends Common Stock Cash
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2635000 USD
CY2021Q3 us-gaap Dividends Common Stock Stock
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CY2021 dei Auditor Firm
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185

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