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Acquisition of Eagle Alcohol (Tables)
6 Months Ended
Jun. 30, 2022
Acquisition of Eagle Alcohol [Abstract]  
Schedule of pro forma combined financial information assuming the acquisition occurred
   Three Months Ended
June 30,
 
   2022   2021 
     
Revenues – pro forma  $362,189   $303,640 
Net income available to common stockholders – pro forma  $21,516   $7,322 
Diluted net income per share – pro forma  $0.29   $0.10 
Diluted shares   74,072    72,878 

 

   Six Months Ended
June 30,
 
   2022   2021 
     
Revenues – pro forma  $670,834   $529,126 
Net income available to common stockholders – pro forma  $18,568   $11,791 
Diluted net income per share – pro forma  $0.25   $0.16 
Diluted shares   72,907    72,910 

 

Schedule of preliminary purchase price allocation
Cash and cash equivalents  $705 
Accounts receivable   5,529 
Inventories   1,345 
Total current assets   7,579 
      
Property and equipment   1,066 
Right of use assets   2,749 
Total tangible assets  $11,394 
      
Current liabilities  $6,169 
Right of use liabilities   2,749 
Total liabiltiies  $8,918 
      
      
Net tangible assets acquired  $2,476 
Customer relationships   6,556 
Tradename   420 
Goodwill   5,908 
Total Purchase Price  $15,360