$MGPI
MGP INGREDIENTS INC Stock $mgpi

$mgpi Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000162828024019790 Filed on May 02, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$190.8M	$170.6M
YoY Change	-8.71%	-15.15%
Cost Of Revenue	$107.6M	$107.8M
YoY Change	-18.94%	-17.85%
Gross Profit	$83.23M	$62.80M
YoY Change	9.09%	-10.07%
Gross Profit Margin	43.62%	36.82%
Selling, General & Admin	$22.76M	$20.98M
YoY Change	-3.21%	2.18%
% of Gross Profit	27.34%	33.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.329M	$5.289M
YoY Change	0.19%	2.28%
% of Gross Profit	6.4%	8.42%
Operating Expenses	$22.76M	$20.98M
YoY Change	-3.21%	2.18%
Operating Profit	$43.39M	$28.92M
YoY Change	-1.71%	-30.42%
Interest Expense	-$2.205M	-$2.019M
YoY Change	72.0%	102.91%
% of Operating Profit	-5.08%	-6.98%
Other Income/Expense, Net	$943.0K	-$52.00K
YoY Change	-1113.98%	-142.28%
Pretax Income	$42.13M	$26.85M
YoY Change	-1.5%	-34.02%
Income Tax	$10.11M	$6.262M
% Of Pretax Income	24.0%	23.33%
Net Earnings	$32.09M	$20.64M
YoY Change	-0.13%	-33.59%
Net Earnings / Revenue	16.82%	12.1%
Basic Earnings Per Share	$1.43	$0.92
Diluted Earnings Per Share	$1.43	$0.92
COMMON SHARES
Basic Shares Outstanding	22.01M shares	22.07M shares
Diluted Shares Outstanding	22.12M shares	22.14M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$21.01M	$19.50M
YoY Change	-4.32%	-38.55%
Cash & Equivalents	$21.01M	$19.50M
Short-Term Investments
Other Short-Term Assets	$4.795M	$5.483M
YoY Change	-7.38%	-16.19%
Inventory	$358.6M	$348.9M
Prepaid Expenses	$4.795M	$5.483M
Receivables	$159.0M	$133.0M
Other Receivables	$3.008M	$0.00
Total Short-Term Assets	$546.4M	$506.9M
YoY Change	4.91%	6.62%
LONG-TERM ASSETS
Property, Plant & Equipment	$275.7M	$270.9M
YoY Change	10.01%	12.42%
Goodwill	$321.5M	$321.5M
YoY Change	-1.28%	42.09%
Intangibles	$270.1M	$270.9M
YoY Change	-0.5%	25.27%
Long-Term Investments	$5.811M	$4.901M
YoY Change	17.28%	-7.07%
Other Assets	$3.907M	$3.872M
YoY Change	-11.22%	-26.42%
Total Long-Term Assets	$887.7M	$883.4M
YoY Change	1.53%	24.64%
TOTAL ASSETS
Total Short-Term Assets	$546.4M	$506.9M
Total Long-Term Assets	$887.7M	$883.4M
Total Assets	$1.434B	$1.390B
YoY Change	2.79%	17.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$56.06M	$49.56M
YoY Change	-33.99%	-25.76%
Accrued Expenses	$17.84M	$16.16M
YoY Change	-16.56%	-5.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$6.400M	$6.400M
YoY Change	0.0%	0.0%
Total Short-Term Liabilities	$84.79M	$80.26M
YoY Change	-28.54%	-21.56%
LONG-TERM LIABILITIES
Long-Term Debt	$303.0M	$294.4M
YoY Change	-4.93%	31.9%
Other Long-Term Liabilities	$3.069M	$3.813M
YoY Change	-22.17%	1.19%
Total Long-Term Liabilities	$3.069M	$3.813M
YoY Change	-22.17%	1.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$84.79M	$80.26M
Total Long-Term Liabilities	$3.069M	$3.813M
Total Liabilities	$541.2M	$524.7M
YoY Change	-7.96%	28.54%
SHAREHOLDERS EQUITY
Retained Earnings	$587.3M	$557.8M
YoY Change	17.23%	18.32%
Common Stock	$6.715M	$6.715M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$894.5M	$867.0M
YoY Change
Total Liabilities & Shareholders Equity	$1.434B	$1.390B
YoY Change	2.79%	17.4%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$32.09M	$20.64M
YoY Change	-0.13%	-33.59%
Depreciation, Depletion And Amortization	$5.329M	$5.289M
YoY Change	0.19%	2.28%
Cash From Operating Activities	$4.959M	$24.62M
YoY Change	-67.23%	390.4%
INVESTING ACTIVITIES
Capital Expenditures	$6.371M	$27.03M
YoY Change	-53.89%	66.45%
Acquisitions
YoY Change
Other Investing Activities	-$20.00K	$240.0K
YoY Change	-99.98%	-66.1%
Cash From Investing Activities	-$6.391M	-$27.27M
YoY Change	-94.61%	60.91%
FINANCING ACTIVITIES
Cash Dividend Paid		$2.672M
YoY Change		0.11%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$16.60M
YoY Change		1975.0%
Cash From Financing Activities	2.954M	$3.767M
YoY Change	-96.85%	-188.22%
NET CHANGE
Cash From Operating Activities	4.959M	$24.62M
Cash From Investing Activities	-6.391M	-$27.27M
Cash From Financing Activities	2.954M	$3.767M
Net Change In Cash	1.522M	$1.109M
YoY Change	-115.57%	-106.86%
FREE CASH FLOW
Cash From Operating Activities	$4.959M	$24.62M
Capital Expenditures	$6.371M	$27.03M
Free Cash Flow	-$1.412M	-$2.403M
YoY Change	-207.21%	-78.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	107768000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	131186000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	62795000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	69824000	usd
CY2024Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	8683000	usd
CY2023Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	7733000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	20979000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	20532000	usd
CY2024Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	116000	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	4100000	usd
CY2023Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	0	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	28917000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	514297000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	41559000	usd
CY2024Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-2019000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-995000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-52000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	123000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	26846000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	40687000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6262000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9655000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	20584000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	31032000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-51000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-39000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20635000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	31071000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	239000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	239000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	311000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	311000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	20396000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20396000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	30760000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	30760000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22142277	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22040224	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22142277	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22072271	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.92
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.39
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20635000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	31071000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	175000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	40000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	107000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-40000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	68000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20595000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	31139000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-51000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-39000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	20544000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	31100000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19497000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18388000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1475000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1475000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	133005000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	144286000	usd
CY2024Q1	us-gaap	Inventory Gross InventoryGross	348934000	usd
CY2023Q4	us-gaap	Inventory Gross InventoryGross	346853000	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5483000	usd
CY2023Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1190000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	506919000	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	3580000	usd
CY2024Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	502744000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	489646000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	231849000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	227343000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	270895000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	262303000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	11258000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13975000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	4901000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	5197000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	270893000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	271706000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	321544000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	321544000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3872000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3326000	usd
CY2024Q1	us-gaap	Assets Assets	1390282000	usd
CY2023Q4	us-gaap	Assets Assets	1392348000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	6400000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	6400000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	49559000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	73594000	usd
CY2024Q1	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	3800000	usd
CY2023Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	2251000	usd
CY2024Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	4340000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	16159000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	31861000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	80258000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	114106000	usd
CY2024Q1	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	98799000	usd
CY2023Q4	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	85305000	usd
CY2024Q1	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	195624000	usd
CY2023Q4	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	195544000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	9229000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	11292000	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	73300000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	69200000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	3813000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	4763000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	63716000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	63071000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	524739000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	543281000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05
CY2023	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	10
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	437	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	437	shares
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	4000	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	4000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	23125166	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	23125166	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22009057	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22016113	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	6715000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	6715000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	329460000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	325453000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	557848000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	539883000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-437000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-397000	usd
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	1116109	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	1109053	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	26571000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	21166000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	867019000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	850492000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	-1476000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	-1425000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	865543000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	849067000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1390282000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1392348000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	20584000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	31032000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5289000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5171000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1116000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1215000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-296000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-260000	usd
CY2024Q1	mgpi	Increase Decrease In Deferred Tax Asset Valuation Allowance IncreaseDecreaseInDeferredTaxAssetValuationAllowance	-645000	usd
CY2023Q1	mgpi	Increase Decrease In Deferred Tax Asset Valuation Allowance IncreaseDecreaseInDeferredTaxAssetValuationAllowance	-573000	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	4100000	usd
CY2023Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	0	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-157000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-99000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-11257000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	19227000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2119000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	18707000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	1904000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	3578000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	5530000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	9043000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-10207000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	6498000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-10380000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-10208000	usd
CY2024Q1	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	1548000	usd
CY2023Q1	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	2761000	usd
CY2024Q1	mgpi	Payments For Proceeds From Other Operating Activities PaymentsForProceedsFromOtherOperatingActivities	1289000	usd
CY2023Q1	mgpi	Payments For Proceeds From Other Operating Activities PaymentsForProceedsFromOtherOperatingActivities	-89000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24623000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5021000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27026000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	16237000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	240000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	708000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-27266000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16945000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2672000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2669000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6961000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	801000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	30000000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	16600000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	800000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3767000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4270000	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-15000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	33000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1109000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-16161000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18388000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47889000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19497000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31728000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	849067000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	20584000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-40000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.12
CY2024Q1	us-gaap	Dividends Dividends	2670000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	5563000	usd
CY2024Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	0	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	6961000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	865543000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	745644000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	31032000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	68000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.12
CY2023Q1	us-gaap	Dividends Dividends	2661000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2665000	usd
CY2023Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	0	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	801000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	775947000	usd
CY2024Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	1663000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	1691000	usd
CY2024Q1	us-gaap	Other Inventory Supplies OtherInventorySupplies	8481000	usd
CY2023Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	8355000	usd
CY2024Q1	us-gaap	Other Inventory OtherInventory	2245000	usd
CY2023Q4	us-gaap	Other Inventory OtherInventory	2336000	usd
CY2024Q1	us-gaap	Inventory Gross InventoryGross	348934000	usd
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div><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 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 may not develop as forecast, and estimates routinely require adjustment and may require material adjustment.</span></div>
CY2024Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	53471000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	55463000	usd
CY2024Q1	mgpi	Inventory Barreled Distillate Gross InventoryBarreledDistillateGross	254518000	usd
CY2023Q4	mgpi	Inventory Barreled Distillate Gross InventoryBarreledDistillateGross	250183000	usd
CY2024Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	28556000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	28825000	usd
CY2023Q4	us-gaap	Inventory Gross InventoryGross	346853000	usd
CY2024Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	210173000	usd
CY2023Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	194440000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	300823000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	287249000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	170563000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	201010000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	2442000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	3255000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	3255000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3255000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3255000	usd
CY2024Q1	mgpi	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	42441000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	57903000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	307250000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	293850000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	6427000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	6601000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	300823000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	287249000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	6400000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	6400000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	294423000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	280849000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6262000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.233
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9655000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.237
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2024Q1	us-gaap	Profit Loss ProfitLoss	20584000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	31032000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-51000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-39000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	239000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	239000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	311000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	311000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	20396000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20396000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	30760000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	30760000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22142277	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22040224	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22142277	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22072271	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.92
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.39
CY2024Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	100000000	usd
CY2024Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	59084	shares
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	5000000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	95000000	usd
CY2024Q1	mgpi	Share Based Compensation Arrangement By Share Based Payment Award Number Of Awards ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAwards	2	plan
CY2024Q1	mgpi	Deferred Compensation Arrangement Gain Loss On Plan Investments DeferredCompensationArrangementGainLossOnPlanInvestments	252000	usd
CY2023Q1	mgpi	Deferred Compensation Arrangement Gain Loss On Plan Investments DeferredCompensationArrangementGainLossOnPlanInvestments	179000	usd
CY2024Q1	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	3419000	usd
CY2023Q4	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	2916000	usd
CY2024Q1	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	1071000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	74000	usd
CY2024Q1	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	2489000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	3314000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	170563000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	201010000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	62795000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	69824000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5289000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5171000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	26846000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	40687000	usd
CY2024Q1	us-gaap	Assets Assets	1390282000	usd
CY2023Q4	us-gaap	Assets Assets	1392348000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
0001628280-24-019790-index-headers.html	Edgar Link	pending
0001628280-24-019790-index.html	Edgar Link	pending
0001628280-24-019790.txt	Edgar Link	pending
0001628280-24-019790-xbrl.zip	Edgar Link	pending
a3312024ex311.htm	Edgar Link	pending
a3312024ex312.htm	Edgar Link	pending
a3312024ex321.htm	Edgar Link	pending
a3312024ex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mgpi-20240331.htm	Edgar Link	pending
mgpi-20240331.xsd	Edgar Link	pending
mgpi-20240331_g1.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
mgpi-20240331_def.xml	Edgar Link	unprocessable
mgpi-20240331_lab.xml	Edgar Link	unprocessable
mgpi-20240331_pre.xml	Edgar Link	unprocessable
mgpi-20240331_htm.xml	Edgar Link	completed
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
mgpi-20240331_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MGPI
MGP INGREDIENTS INC Stock $mgpi

2024 Q2 Form 10-Q Financial Statement

#000162828024019790 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI MGP INGREDIENTS INC Stock $mgpi

2024 Q2 Form 10-Q Financial Statement

#000162828024019790 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGPI
MGP INGREDIENTS INC Stock $mgpi