XML 69 R12.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Revenue | 12 Months Ended
--- | ---
Dec. 31, 2019
Revenue Recognition and Deferred Revenue [Abstract] |
Revenue | REVENUE Adoption of Topic 606, Revenue From Contracts with Customers. On January 1, 2018, the Company adopted Topic 606, using the modified retrospective method applied to those contracts which were not completed as of January 1, 2018. Financial results for the years ended December 31, 2019 and 2018 are presented under Topic 606, while financial results for the year ended December 31, 2017 are not adjusted and continue to be reported in accordance with the Company’s historic accounting under ASC 605, Revenue Recognition. There was no adjustment to opening retained earnings during the year ended December 31, 2018 and no differences to disclosure to reconcile financial statement activity as reported under Topic 606 to ASC 605 for the year ended December 31, 2018. Disaggregation of Sales. The following table presents the Company's sales disaggregated by segment and major products and services.
| Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017(a)
Distillery Products |  |  |  |  |
Brown Goods | $ | 107,190 |  |  | $ | 125,857 |  |  | $ | 113,413 |
White Goods | 62,862 |  |  | 62,574 |  |  | 64,585 |
Premium beverage alcohol | 170,052 |  |  | 188,431 |  |  | 177,998 |
Industrial alcohol | 79,833 |  |  | 80,650 |  |  | 76,636 |
Food grade alcohol | 249,885 |  |  | 269,081 |  |  | 254,634 |
Fuel grade alcohol | 5,949 |  |  | 6,347 |  |  | 6,368 |
Distillers feed and related co-products | 26,743 |  |  | 25,698 |  |  | 19,332 |
Warehouse services | 14,656 |  |  | 12,929 |  |  | 10,674 |
Total Distillery Products | 297,233 |  |  | 314,055 |  |  | 291,008 |
Ingredient Solutions |  |  |  |  |
Specialty wheat starches | 30,816 |  |  | 28,594 |  |  | 28,092 |
Specialty wheat proteins | 22,359 |  |  | 21,098 |  |  | 19,458 |
Commodity wheat starch | 9,628 |  |  | 9,223 |  |  | 8,288 |
Commodity wheat protein | 2,709 |  |  | 3,119 |  |  | 602 |
Total Ingredient Solutions | 65,512 |  |  | 62,034 |  |  | 56,440 |
Total sales | $ | 362,745 |  |  | $ | 376,089 |  |  | $ | 347,448 |
(a) Prior year amounts were not adjusted upon adoption of Topic 606. The Company generates revenues from the Distillery Products segment by the sale of products and by providing warehouse services related to the storage and aging of customer products. The Company generates revenues from the Ingredient Solutions segment by the sale of products. Revenue related to sales of products is recognized at a point in time whereas revenue generated from warehouse services is recognized over time. Contracts with customers in both segments include a single performance obligation (either the sale of products or the provision of warehouse services).

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueRecognitionAndDeferredRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration