Business Combination, Consideration Transferred, Increase (Decrease) In Equity Interests Issued and Issuable

No definition available.

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- Definition

Business Combination, Contingent Consideration Arrangements, Increase (Decrease) In Consideration Transferred

+ References

No definition available.

+ Details

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- Definition

Business Combination, Cumulative Percentage Outstanding Common Stock, After All Transactions

+ References

No definition available.

+ Details

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- Definition

Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- Definition

Number of shares of equity interests issued or issuable to acquire entity.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-URI http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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- Definition

The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
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- Definition

This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 25
-Paragraph 23
-URI http://asc.fasb.org/extlink&oid=123586518&loc=d3e1043-128460

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- Definition

Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination.

+ References

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- Definition

This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
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- Definition

This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period.

+ References

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- Definition

Amount of intangible assets, excluding goodwill, acquired at the acquisition date.

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- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
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- Definition

The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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Business Combination - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Apr. 01, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 228,243		$ 228,243		$ 2,738
Luxco
Business Acquisition [Line Items]
Cash consideration paid	$ 237,500
Common stock issued to acquire business (in shares)	5,007,833
Value of MGP Common Stock issued at close	$ 296,213
Shares issued to acquire business as a percentage of outstanding common stock	22.80%
Increase (decrease) in cash consideration	$ 75
Increase (decrease) in stock consideration	159
Goodwill	225,505
Intangible assets	219,500
Sales		59,298		59,298
Income before income taxes		6,520		6,520
Transaction costs incurred		6,738		8,628
Adjustments to pro forma net income		(28,124)	$ (12,589)	(34,419)	$ (15,990)
Luxco \| Acquisition-related Costs
Business Acquisition [Line Items]
Adjustments to pro forma net income		6,738		8,628
Luxco \| Acquisition-related Costs \| Luxco
Business Acquisition [Line Items]
Adjustments to pro forma net income				3,132
Luxco \| Fair Value Adjustment to Inventory
Business Acquisition [Line Items]
Adjustments to pro forma net income		$ 2,529		$ 2,529
Luxco \| Trade Names
Business Acquisition [Line Items]
Intangible assets	178,100
Luxco \| Distribution Rights
Business Acquisition [Line Items]
Intangible assets	$ 41,400
Weighted average useful life	20 years