Annual report pursuant to Section 13 and 15(d)

Organization and Significant Accounting Policies (Tables)

v3.22.0.1
Organization and Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of sold to customers representing 10% or more of the Company’s total net sales
    Years Ended December 31,  
    2021     2020     2019  
Customer A     13 %     3 %     9 %
Customer B     9 %     9 %     11 %
Customer C     1 %     5 %     13 %

 
Schedule of purchased corn from suppliers representing 10% or more of the Company’s total corn purchases
    Years Ended December 31,  
    2021     2020     2019  
Supplier A     14 %     16 %     16 %
Supplier B     — %     9 %     25 %

 
Schedule of inventories
    December 31,  
    2021     2020  
Finished goods   $ 35,509     $ 25,154  
Work in progress     6,909       4,333  
Raw materials     10,837       7,074  
Other     1,118       1,364  
Total   $ 54,373     $ 37,925  

 
Schedule of depreciation is computed using the straight-line method
Buildings     40 years  
Facilities and plant equipment     10 – 25 years  
Other equipment, vehicles and furniture     5 – 10 years  

 
Schedule of basic and diluted earnings per share
    Year Ended December 31, 2021  
    Income
Numerator		     Shares
Denominator		     Per-Share
Amount		  
Net income attributed to Alto Ingredients, Inc.   $ 46,082                  
Less: Preferred stock dividends     (1,265 )                
Less: Income allocated to participating securities     (600 )                
Basic income per share:                        
Income available to common stockholders   $ 44,217       71,098     $ 0.62  
Add: Dilutive securities    
—
       1,121          
Diluted income per share:                        
Income available to common stockholders   $ 44,217       72,219     $ 0.61  

 

    Year Ended December 31, 2020  
    Loss
Numerator		     Shares
Denominator		     Per-Share
Amount		  
Net loss attributed to Alto Ingredients, Inc.   $ (15,116 )                
Less: Preferred stock dividends     (1,268 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (16,384 )     58,609     $ (0.28 )

 

    Year Ended December 31, 2019  
    Loss
Numerator		     Shares Denominator     Per-Share Amount  
Net loss attributed to Alto Ingredients, Inc.   $ (88,949 )                
Less: Preferred stock dividends     (1,265 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (90,214 )     47,384     $ (1.90 )