Operating Segments (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents summarized financial information for each segment:

	Quarter Ended September 30,				Year to Date Ended September 30,
	2023		2022		2023		2022
Sales to Customers
Distilling Solutions	$	111,853	$	108,644	$	341,941	$	327,291
Branded Spirits	66,819		62,761		181,318		177,078
Ingredient Solutions	32,952		29,741		98,376		86,994
Total	$	211,624	$	201,146	$	621,635	$	591,363
Gross Profit
Distilling Solutions	$	33,280	$	25,917	$	104,986	$	94,630
Branded Spirits	29,040		25,067		79,636		70,809
Ingredient Solutions	11,128		8,064		34,945		24,654
Total	$	73,448	$	59,048	$	219,567	$	190,093
Depreciation and Amortization
Distilling Solutions	$	3,082	$	2,929	$	8,803	$	8,716
Branded Spirits	1,914		1,434		5,063		4,618
Ingredient Solutions	619		613		1,899		1,838
Corporate	167		357		507		1,085
Total	$	5,782	$	5,333	$	16,272	$	16,257
Income (loss) before Income Taxes
Distilling Solutions	$	13,930	$	25,213	$	84,187	$	92,332
Branded Spirits	7,199		9,776		25,577		28,016
Ingredient Solutions	9,408		6,822		30,255		21,770
Corporate	(13,076)		(10,650)		(39,103)		(29,720)
Total	$	17,461	$	31,161	$	100,916	$	112,398

Schedule of Segment Reporting Identifiable Assets

The following table allocates assets to each segment as of:

	September 30, 2023		December 31, 2022
Identifiable Assets
Distilling Solutions	$	351,154	$	350,068
Branded Spirits	895,139		698,985
Ingredient Solutions	79,828		63,943
Corporate	40,244		45,215
Total	$	1,366,365	$	1,158,211