Quarterly report pursuant to Section 13 or 15(d)

Segments. (Tables)

v3.21.2
Segments. (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule of financial data for operating segments
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2021     2020     2021     2020  
Net Sales                        
Marketing and distribution:                        
Alcohol sales, gross   $ 86,299     $ 71,117     $ 143,309     $ 128,623  
Alcohol sales, net     532       307       984       736  
Intersegment sales     2,618       1,838       4,862       6,153  
Total marketing and distribution sales     89,449       73,262       149,155       135,512  
                                 
Pekin Campus production, recorded as gross:                                
Alcohol sales   $ 132,296     $ 94,538     $ 227,380     $ 178,669  
Essential ingredient sales     49,578       33,633       94,655       73,504  
Intersegment sales     316       263       628       680  
Total Pekin Campus sales     182,190       128,434       322,663       252,853  
                                 
Other production, recorded as gross:                                
Alcohol sales   $ 22,153     $ 9,796     $ 38,121     $ 109,025  
Essential ingredient sales     7,252       2,683       12,395       32,921  
Intersegment sales     332       410       637       701  
Total Other production sales     29,737       12,889       51,153       142,647  
                                 
Intersegment eliminations     (3,266 )     (2,511 )     (6,127 )     (7,534 )
Net sales as reported   $ 298,110     $ 212,074     $ 516,844     $ 523,478  
                                 
Cost of goods sold:                                
Marketing and distribution   $ 85,746     $ 69,101     $ 139,705     $ 126,240  
Pekin Campus production     171,547       95,070       299,250       221,840  
Other production     27,325       18,354       51,442       160,663  
Intersegment eliminations     (1,741 )     (1,633 )     (2,623 )     (3,557 )
Cost of goods sold as reported   $ 282,877     $ 180,892     $ 487,774     $ 505,186  
                                 
Income (loss) before benefit for income taxes:                                
Marketing and distribution   $ 1,678     $ 2,043     $ 5,411     $ 4,286  
Pekin Campus production     10,726       27,459       20,736       19,280  
Other production     (1,666 )     (10,252 )     (7,609 )     (33,816 )
Corporate activities     (2,348 )     (4,396 )     (5,470 )     (2,052 )
  $ 8,390     $ 14,854     $ 13,068     $ (12,302 )
                                 
Depreciation:                                
Pekin Campus production   $ 4,326     $ 4,371     $ 8,671     $ 8,757  
Other production     1,468       3,697       2,966       9,982  
Corporate activities     17       33       33       67  
  $ 5,811     $ 8,101     $ 11,670     $ 18,806  
Interest expense:                                
Marketing and distribution   $ 222     $ 313     $ 426     $ 940  
Pekin Campus production     73       1,594       591       3,679  
Other production     46       29       182       60  
Corporate activities     704       2,711       1,731       5,275  
  $ 1,045     $ 4,647     $ 2,930     $ 9,954  

 

Schedule of assets by operating segments
    June 30,
2021
    December 31,
2020
 
Total assets:            
             
Marketing and distribution   $ 140,204     $ 89,337  
Pekin Campus production     254,206       234,439  
Other production     83,330       102,409  
Corporate assets     21,464       50,633  
    $ 499,204     $ 476,818