Operating Segments (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents summarized financial information for each segment:

	Quarter Ended June 30,				Year to Date Ended June 30,
	2023		2022		2023		2022
Sales to Customers
Distilling Solutions	$	116,865	$	107,138	$	230,088	$	218,647
Branded Spirits	57,616		58,566		114,499		114,317
Ingredient Solutions	34,520		29,278		65,424		57,253
Total	$	209,001	$	194,982	$	410,011	$	390,217
Gross Profit
Distilling Solutions	$	38,678	$	29,780	$	71,706	$	68,713
Branded Spirits	26,003		20,960		50,596		45,742
Ingredient Solutions	11,614		8,484		23,817		16,590
Total	$	76,295	$	59,224	$	146,119	$	131,045
Depreciation and Amortization
Distilling Solutions	$	2,870	$	2,926	$	5,721	$	5,787
Branded Spirits	1,658		1,402		3,149		3,184
Ingredient Solutions	622		613		1,280		1,225
Corporate	169		362		340		728
Total	$	5,319	$	5,303	$	10,490	$	10,924
Income (loss) before Income Taxes
Distilling Solutions	$	37,956	$	29,127	$	70,257	$	67,119
Branded Spirits	9,221		7,454		18,378		18,240
Ingredient Solutions	10,001		7,477		20,847		14,948
Corporate	(14,410)		(11,357)		(26,027)		(19,070)
Total	$	42,768	$	32,701	$	83,455	$	81,237

Schedule of Segment Reporting Identifiable Assets

The following table allocates assets to each segment as of:

	June 30, 2023		December 31, 2022
Identifiable Assets
Distilling Solutions	$	396,306	$	350,068
Branded Spirits	894,117		698,985
Ingredient Solutions	76,369		63,943
Corporate	28,337		45,215
Total	$	1,395,129	$	1,158,211