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Acquisition of Eagle Alcohol (Tables)
9 Months Ended
Sep. 30, 2022
Acquisition of Eagle Alcohol [Abstract]  
Schedule of pro forma combined financial information assuming the acquisition occurred
  

Three Months Ended

September 30,

 
   2022   2021 
Revenues – pro forma  $336,877   $311,821 
Net loss available to common stockholders – pro forma  $(28,357)  $(3,424)
Diluted net loss per share – pro forma  $(0.38)  $(0.05)
Diluted shares   73,960    72,332 

 

   Nine Months Ended
September 30,
 
   2022   2021 
Revenues – pro forma  $1,007,711   $840,947 
Net income (loss) available to common stockholders – pro forma  $(9,538)  $8,474 
Diluted net income (loss) per share – pro forma  $(0.13)  $0.12 
Diluted shares   72,764    73,209 

  

Schedule of preliminary purchase price allocation
Cash and equivalents  $705 
Accounts receivable   5,517 
Inventories   1,388 
Other assets   29 
Total current assets   7,639 
      
Property and equipment   1,067 
Right of use assets   2,749 
Total tangible assets  $11,455 
      
Current liabilities  $6,262 
Right of use liability   2,749 
Total liabilities  $9,011 
      
Net tangible assets acquired  $2,444 
Customer relationships   6,556 
Tradename   420 
Goodwill   5,970 
Total Purchase Price  $15,390