Operating Segments

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Operating Segments

Operating Segments.

The Company’s operations are classified into two reportable segments:  distillery products and ingredient solutions. The distillery products segment consists of food grade alcohol, along with fuel grade alcohol, distillers feed, and corn oil, which are co-products of the Company’s food grade alcohol operations.  Ingredient solutions consists of specialty starches and proteins, commodity starch, and commodity protein.  

The following table provides operating profit for each segment based on net sales less identifiable operating expenses.  Non-direct selling, general and administrative, interest expense, investment income and other general miscellaneous expenses have been excluded from segment operations and classified as Corporate.  The Company’s management reporting does not assign or allocate special charges to the Company’s operating segments.  Receivables, inventories and equipment have been identified with the segments to which they relate.  All other assets are considered Corporate.

	Quarter Ended
	March 31, 2015			March 31, 2014
Net Sales to Customers
Distillery products	$	65,862		$	64,932
Ingredient solutions	14,551			14,064
Total	80,413			78,996
Depreciation and Amortization
Distillery products	2,171			2,089
Ingredient solutions	575			583
Corporate	345			370
Total	3,091			3,042
Income (Loss) before Income Taxes
Distillery products	11,138			5,452
Ingredient solutions	1,333			299
Corporate	(4,342		)	(885		)
Total	$	8,129		$	4,866

The following table allocates assets to each segment:

	As of March 31, 2015		As of December 31, 2014
Identifiable Assets
Distillery products	$	103,405	$	98,791
Ingredient solutions	24,077		23,324
Corporate	39,105		38,484
Total	$	166,587	$	160,599