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Operating Segments
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Operating Segments Operating Segments
At March 31, 2021 and 2020, the Company had two segments: Distillery Products and Ingredient Solutions. The Distillery Products segment consists of food grade alcohol and distillery co-products, such as distillers feed (commonly called dried distillers grain in the industry) and fuel grade alcohol. The Distillery Products segment also includes warehouse services, including barrel put away, storage, retrieval, and blending services. Ingredient Solutions segment consists of specialty starches and proteins and commodity starches and proteins.

Operating profit for each segment is based on sales less identifiable operating expenses.  Non-direct selling, general and administrative expenses, interest expense, other special charges, and other general miscellaneous expenses are excluded from segment operations and are classified as Corporate.  Receivables, inventories, and equipment have been identified with the segments to which they relate.  All other assets are considered as Corporate.

Quarter Ended March 31,
20212020
Sales to Customers
Distillery Products$89,194 $80,002 
Ingredient Solutions19,129 19,080 
Total$108,323 $99,082 
Gross Profit
Distillery Products$28,331 $18,249 
Ingredient Solutions3,968 4,962 
Total$32,299 $23,211 
Depreciation and Amortization
Distillery Products$2,583 $2,401 
Ingredient Solutions475 453 
Corporate253 271 
Total$3,311 $3,125 
Income (loss) before Income Taxes
Distillery Products$25,639 $16,233 
Ingredient Solutions3,172 4,214 
Corporate(8,769)(7,381)
Total$20,042 $13,066 

The following table allocates assets to each segment as of:
March 31, 2021December 31, 2020
Identifiable Assets
Distillery Products$302,622 $288,069 
Ingredient Solutions39,093 41,276 
Corporate39,387 37,230 
Total$381,102 $366,575