Operating Segments (Tables)

9 Months Ended

Sep. 30, 2024

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,
	2024		2023		2024		2023
Sales to Customers
Distilling Solutions	$	71,919	$	111,853	$	250,159	$	341,941
Branded Spirits	62,624		66,819		176,811		181,318
Ingredient Solutions	26,918		32,952		95,859		98,376
Total	$	161,461	$	211,624	$	522,829	$	621,635
Gross Profit
Distilling Solutions	$	28,644	$	33,280	$	105,200	$	104,986
Branded Spirits	32,446		29,040		88,611		79,636
Ingredient Solutions	4,725		11,128		18,031		34,945
Total	$	65,815	$	73,448	$	211,842	$	219,567
Depreciation and Amortization
Distilling Solutions	$	1,975	$	3,082	$	5,900	$	8,803
Branded Spirits	2,192		1,914		5,867		5,063
Ingredient Solutions	1,178		619		3,517		1,899
Corporate	335		167		1,014		507
Total	$	5,680	$	5,782	$	16,298	$	16,272
Income (loss) before Income Taxes
Distilling Solutions	$	27,631	$	13,930	$	102,228	$	84,187
Branded Spirits	7,391		7,199		15,534		25,577
Ingredient Solutions	3,277		9,408		13,781		30,255
Corporate	(6,883)		(13,076)		(31,156)		(39,103)
Total	$	31,416	$	17,461	$	100,387	$	100,916

Schedule of Segment Reporting Identifiable Assets

The following table allocates assets to each segment as of:

	September 30, 2024		December 31, 2023
Identifiable Assets
Distilling Solutions	$	361,553	$	369,241
Branded Spirits	921,572		910,633
Ingredient Solutions	120,903		88,846
Corporate	36,591		23,628
Total	$	1,440,619	$	1,392,348