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Operating Segments (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Quarter Ended June 30, |  | Year to Date Ended June 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Sales to Customers |  |  |  |  |  |  |  |
Distilling Solutions |  | $ | 107,138 |  |  | $ | 90,348 |  |  | $ | 218,647 |  |  | $ | 178,972 |
Branded Spirits |  | 58,566 |  |  | 60,426 |  |  | 114,317 |  |  | 60,996 |
Ingredient Solutions |  | 29,278 |  |  | 24,165 |  |  | 57,253 |  |  | 43,294 |
Total |  | $ | 194,982 |  |  | $ | 174,939 |  |  | $ | 390,217 |  |  | $ | 283,262 |
Gross Profit |  |  |  |  |  |  |  |
Distilling Solutions |  | $ | 29,780 |  |  | $ | 31,985 |  |  | $ | 68,713 |  |  | $ | 60,230 |
Branded Spirits |  | 20,960 |  |  | 18,434 |  |  | 45,742 |  |  | 18,520 |
Ingredient Solutions |  | 8,484 |  |  | 6,408 |  |  | 16,590 |  |  | 10,376 |
Total |  | $ | 59,224 |  |  | $ | 56,827 |  |  | $ | 131,045 |  |  | $ | 89,126 |
Depreciation and Amortization |  |  |  |  |  |  |  |
Distilling Solutions |  | $ | 2,926 |  |  | $ | 2,652 |  |  | $ | 5,787 |  |  | $ | 5,205 |
Branded Spirits |  | 1,402 |  |  | 1,709 |  |  | 3,184 |  |  | 1,738 |
Ingredient Solutions |  | 613 |  |  | 481 |  |  | 1,225 |  |  | 956 |
Corporate |  | 362 |  |  | 273 |  |  | 728 |  |  | 526 |
Total |  | $ | 5,303 |  |  | $ | 5,115 |  |  | $ | 10,924 |  |  | $ | 8,425 |
Income (loss) before Income Taxes |  |  |  |  |  |  |  |
Distilling Solutions |  | $ | 29,127 |  |  | $ | 31,315 |  |  | $ | 67,119 |  |  | $ | 58,178 |
Branded Spirits |  | 7,454 |  |  | 7,113 |  |  | 18,240 |  |  | 5,889 |
Ingredient Solutions |  | 7,477 |  |  | 5,735 |  |  | 14,948 |  |  | 8,907 |
Corporate |  | (11,357) |  |  | (17,692) |  |  | (19,070) |  |  | (26,461) |
Total |  | $ | 32,701 |  |  | $ | 26,471 |  |  | $ | 81,237 |  |  | $ | 46,513 |
Schedule of Segment Reporting Identifiable Assets | The following table allocates assets to each segment as of:
|  | June 30, 2022 |  | December 31, 2021
Identifiable Assets |  |  |  |
Distilling Solutions |  | $ | 330,356 |  |  | $ | 314,816 |
Branded Spirits |  | 685,570 |  |  | 658,826 |
Ingredient Solutions |  | 55,815 |  |  | 43,009 |
Corporate |  | 34,879 |  |  | 24,816 |
Total |  | $ | 1,106,620 |  |  | $ | 1,041,467 |

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