Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The Company records goodwill and indefinite-lived intangible assets in connection with various acquisitions of businesses and allocates the goodwill and indefinite-lived intangible assets to its respective reporting units. Goodwill and indefinite-lived intangible assets are included in Other assets on the Condensed Consolidated Balance Sheets. Changes in carrying amount of goodwill and indefinite-lived intangible assets by business segment were as follows:

	Distillery Products (a)		Ingredient Solutions		Total (a)
Balance, December 31, 2019	$	1,850	$	—	$	1,850
Acquisitions	1,739		—		1,739
Balance, September 30, 2020	$	3,589	$	—	$	3,589

(a) Includes $890 and $350 of trade names at September 30, 2020 and December 31, 2019, respectively. Trade names are considered indefinite-lived intangible assets.