XML 51 R37.htm IDEA: XBRL DOCUMENT v3.22.4
OPERATING SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Year Ended December 31,
 202220212020
Sales to customers:
Distilling Solutions$428,478 $352,504 $313,309 
Branded Spirits237,939 183,566 4,149 
Ingredient Solutions115,941 90,650 78,063 
Total(a)
$782,358 $626,720 $395,521 
Gross profit:
Distilling Solutions$126,282 $114,106 $75,773 
Branded Spirits95,521 62,644 2,187 
Ingredient Solutions31,503 22,215 20,846 
Total$253,306 $198,965 $98,806 
Depreciation and amortization:
Distilling Solutions$11,641 $10,766 $9,816 
Branded Spirits5,909 5,138 100 
Ingredient Solutions2,473 2,069 1,871 
Corporate1,432 1,119 1,174 
Total$21,455 $19,092 $12,961 
Income (loss) before income taxes:
Distilling Solutions$121,651 $110,317 $73,533 
Branded Spirits33,333 20,742 (2,510)
Ingredient Solutions27,532 19,194 18,024 
Corporate(42,344)(29,157)(36,446)
Total$140,172 $121,096 $52,601 
(a)Sales revenue from foreign sources totaled $56,719, $42,593, and $23,905 for the years ended December 31, 2022, 2021, and 2020, respectively, and is largely derived from the United Kingdom, Japan, Thailand, Canada, and Mexico.  The balance of total sales revenue is from domestic sources.
Schedule of Segment Reporting Identifiable Assets
 December 31,
 20222021
Identifiable Assets 
Distilling Solutions$350,068 $314,816 
Branded Spirits698,985 658,826 
Ingredient Solutions63,943 43,009 
Corporate45,215 24,816 
Total(a)
$1,158,211 $1,041,467 
(a)As of December 31, 2022, the Company had $14,209 of assets located in Northern Ireland, $3,042 of which were long-lived assets. As of December 31, 2021, the Company had $12,758 of assets located in Northern Ireland, $2,930 of which were long-lived assets.