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Operating Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents summarized financial information for each segment:
Quarter Ended March 31,
20232022
Sales to Customers
Distilling Solutions$113,223 $111,509 
Branded Spirits56,883 55,751 
Ingredient Solutions30,904 27,975 
Total$201,010 $195,235 
Gross Profit
Distilling Solutions$33,028 $38,933 
Branded Spirits24,593 24,782 
Ingredient Solutions12,203 8,106 
Total$69,824 $71,821 
Depreciation and Amortization
Distilling Solutions$2,851 $2,861 
Branded Spirits1,491 1,782 
Ingredient Solutions658 612 
Corporate171 366 
Total$5,171 $5,621 
Income (loss) before Income Taxes
Distilling Solutions$32,301 $37,992 
Branded Spirits9,157 10,786 
Ingredient Solutions10,846 7,471 
Corporate(11,617)(7,713)
Total$40,687 $48,536 
Schedule of Segment Reporting Identifiable Assets The following table allocates assets to each segment as of:
March 31, 2023December 31, 2022
Identifiable Assets
Distilling Solutions$369,447 $350,068 
Branded Spirits706,854 698,985 
Ingredient Solutions72,827 63,943 
Corporate35,058 45,215 
Total$1,184,186 $1,158,211