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Condensed Consolidated Statements Of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash Flows from Operating Activities | ||
| Net income | $ 5,070us-gaap_NetIncomeLoss | $ 4,785us-gaap_NetIncomeLoss |
| Adjustments to Reconcile Net Income to Net Cash Provided by (Used In) Operating Activities: | ||
| Depreciation and amortization | 3,091us-gaap_DepreciationDepletionAndAmortization | 3,042us-gaap_DepreciationDepletionAndAmortization |
| Deferred income taxes | 2,027mgpi_IncreaseDecreaseInValuationAllowanceduetoExpectedRealizationofDeferredTaxAssets | 0mgpi_IncreaseDecreaseInValuationAllowanceduetoExpectedRealizationofDeferredTaxAssets |
| Share based compensation | 205us-gaap_ShareBasedCompensation | 149us-gaap_ShareBasedCompensation |
| Equity method investment earnings | (1,352)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (3,334)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
| Changes in Operating Assets and Liabilities: | ||
| Receivables, net | (194)us-gaap_IncreaseDecreaseInReceivables | (4,050)us-gaap_IncreaseDecreaseInReceivables |
| Inventory | (3,213)us-gaap_IncreaseDecreaseInInventories | 4,042us-gaap_IncreaseDecreaseInInventories |
| Prepaid expenses | (564)us-gaap_IncreaseDecreaseInPrepaidExpense | (942)us-gaap_IncreaseDecreaseInPrepaidExpense |
| Accrued income taxes | 962us-gaap_IncreaseDecreaseInIncomeTaxesReceivable | 208us-gaap_IncreaseDecreaseInIncomeTaxesReceivable |
| Accounts payable | 819us-gaap_IncreaseDecreaseInAccountsPayable | (3,352)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accounts payable to affiliate, net | 685us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties | 1,360us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties |
| Accrued expenses | (1,248)us-gaap_IncreaseDecreaseInAccruedLiabilities | (1,951)us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Deferred credit | (160)us-gaap_IncreaseDecreaseInDeferredRevenue | (155)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Accrued retirement health and life insurance benefits and other noncurrent liabilities | (127)mgpi_AccruedRetirementHealthAndLifeInsuranceBenefitsAndOtherNoncurrentLiabilities | (214)mgpi_AccruedRetirementHealthAndLifeInsuranceBenefitsAndOtherNoncurrentLiabilities |
| Other | 120us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet | (230)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet |
| Net cash provided by (used in) operating activities | 6,121us-gaap_NetCashProvidedByUsedInOperatingActivities | (642)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash Flows from Investing Activities | ||
| Additions to property and equipment | (5,030)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (2,182)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net cash used in investing activities | (5,030)us-gaap_NetCashProvidedByUsedInInvestingActivities | (2,182)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Cash Flows from Financing Activities | ||
| Purchase of treasury stock | 0us-gaap_PaymentsForRepurchaseOfCommonStock | (104)us-gaap_PaymentsForRepurchaseOfCommonStock |
| Principal payments on long-term debt | (398)us-gaap_RepaymentsOfLongTermDebt | (384)us-gaap_RepaymentsOfLongTermDebt |
| Proceeds from revolving credit facility | 1,086us-gaap_ProceedsFromLinesOfCredit | 14,776us-gaap_ProceedsFromLinesOfCredit |
| Payments on revolving credit facility | (738)us-gaap_RepaymentsOfLinesOfCredit | (14,321)us-gaap_RepaymentsOfLinesOfCredit |
| Loan fees incurred with borrowings | (291)us-gaap_PaymentsOfDebtIssuanceCosts | 0us-gaap_PaymentsOfDebtIssuanceCosts |
| Net cash used in financing activities | (341)us-gaap_NetCashProvidedByUsedInFinancingActivities | (33)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Increase (Decrease) in cash and cash equivalents | 750us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (2,857)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of year | 5,641us-gaap_CashAndCashEquivalentsAtCarryingValue | 2,857us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | $ 6,391us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 0us-gaap_CashAndCashEquivalentsAtCarryingValue |
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- Definition
The increase (decrease) during the reporting period in the current portion of the liability that represents various benefits due to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement as well as the change in certain other non-current liabilities. No definition available.
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- Definition
Increase (Decrease) In Valuation Allowance due to Expected Realization of Deferred Tax Assets No definition available.
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the obligations due for goods and services provided by the following types of related parties: a parent company and its subsidiaries, subsidiaries of a common parent, an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in income taxes receivable, which represents the amount due from tax authorities for refunds of overpayments or recoveries of income taxes paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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