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Equity and EPS (Tables)
 6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Schedule of Basic and Diluted EPS
The computations of basic and diluted EPS:
Quarter Ended June 30,Year to Date Ended June 30,
2021202020212020
Operations:
Net income(a)
$20,059 $8,490 $35,486 $18,332 
Less: Income attributable to participating securities(b)
150 57 299 123 
Less: net loss attributable to noncontrolling interest(76)— (76)— 
Net income attributable to MGP Ingredients, Inc.$19,985 $8,433 $35,263 $18,209 
Share information:
Basic and diluted weighted average common shares(c)
21,916,721 16,899,079 19,436,143 16,956,502 
Basic and diluted EPS$0.91 $0.50 $1.81 $1.07 

(a)Net income attributable to all shareholders.
(b)Participating securities included 166,674 and 116,127 unvested restricted stock units (“RSUs”), at June 30, 2021 and 2020, respectively.
(c)Under the two-class method, basic and diluted weighted average common shares at June 30, 2021 and 2020 exclude unvested participating securities.
Schedule of Common Stock Activity
The Common Stock share activity:
Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2021437 16,915,862 
Issuance of Common Stock— 35,114 
Repurchase of Common Stock (a)
— (10,376)
Balance, March 31, 2021437 16,940,600 
Issuance of Common Stock— 5,022,122 
Repurchase of Common Stock(a)
— (1,489)
Balance, June 30, 2021437 21,961,233 

Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2020437 17,028,125 
Issuance of Common Stock— 36,545 
Repurchase of Common Stock(b)
— (169,148)
Balance, March 31, 2020437 16,895,522 
Issuance of Common Stock— — 
Repurchase of Common Stock(a)
— — 
Balance, June 30, 2020437 16,895,522 
(a)The Common Stock repurchases were for tax withholding on equity based compensation
(b)159,104 shares that were repurchased during the quarter ended March 31, 2020 related to the share repurchase program. The remaining shares repurchased were related to tax withholding on equity based compensation