| Schedule of financial data for operating segments |
| |
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus, recorded as gross: |
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales |
|
$ |
143,768 |
|
|
$ |
132,296 |
|
|
$ |
259,818 |
|
|
$ |
227,380 |
|
| Essential ingredient sales |
|
|
59,853 |
|
|
|
49,578 |
|
|
|
115,133 |
|
|
|
94,655 |
|
| Intersegment sales |
|
|
269 |
|
|
|
316 |
|
|
|
525 |
|
|
|
628 |
|
| Total Pekin Campus sales |
|
|
203,890 |
|
|
|
182,190 |
|
|
|
375,476 |
|
|
|
322,663 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketing and distribution: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales, gross |
|
$ |
63,558 |
|
|
$ |
86,299 |
|
|
$ |
117,484 |
|
|
$ |
143,309 |
|
| Alcohol sales, net |
|
|
317 |
|
|
|
532 |
|
|
|
668 |
|
|
|
984 |
|
| Intersegment sales |
|
|
3,242 |
|
|
|
2,618 |
|
|
|
6,239 |
|
|
|
4,862 |
|
| Total marketing and distribution sales |
|
|
67,117 |
|
|
|
89,449 |
|
|
|
124,391 |
|
|
|
149,155 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other production, recorded as gross: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales |
|
$ |
67,184 |
|
|
$ |
22,153 |
|
|
$ |
126,991 |
|
|
$ |
38,121 |
|
| Essential ingredient sales |
|
|
23,372 |
|
|
|
7,252 |
|
|
|
42,309 |
|
|
|
12,395 |
|
| Intersegment sales |
|
|
— |
|
|
|
332 |
|
|
|
12 |
|
|
|
637 |
|
| Total Other production sales |
|
|
90,556 |
|
|
|
29,737 |
|
|
|
169,312 |
|
|
|
51,153 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate and other |
|
|
4,137 |
|
|
|
— |
|
|
|
7,904 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(3,511 |
) |
|
|
(3,266 |
) |
|
|
(6,776 |
) |
|
|
(6,127 |
) |
| Net sales as reported |
|
$ |
362,189 |
|
|
$ |
298,110 |
|
|
$ |
670,307 |
|
|
$ |
516,844 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cost
of goods sold: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
195,691 |
|
|
$ |
171,547 |
|
|
$ |
364,573 |
|
|
$ |
299,250 |
|
| Marketing and distribution |
|
|
63,796 |
|
|
|
85,746 |
|
|
|
118,510 |
|
|
|
139,705 |
|
| Other production |
|
|
91,606 |
|
|
|
27,325 |
|
|
|
169,851 |
|
|
|
51,442 |
|
| Corporate and other |
|
|
3,197 |
|
|
|
— |
|
|
|
6,070 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(945 |
) |
|
|
(1,741 |
) |
|
|
(2,314 |
) |
|
|
(2,623 |
) |
| Cost of goods sold as reported |
|
$ |
353,345 |
|
|
$ |
282,877 |
|
|
$ |
656,690 |
|
|
$ |
487,774 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gross
profit: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
8,199 |
|
|
$ |
10,643 |
|
|
$ |
10,903 |
|
|
$ |
23,413 |
|
| Marketing and distribution |
|
|
3,321 |
|
|
|
3,703 |
|
|
|
5,881 |
|
|
|
9,450 |
|
| Other production |
|
|
(1,050 |
) |
|
|
2,412 |
|
|
|
(539 |
) |
|
|
(289 |
) |
| Corporate and other |
|
|
940 |
|
|
|
— |
|
|
|
1,834 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(2,566 |
) |
|
|
(1,525 |
) |
|
|
(4,462 |
) |
|
|
(3,504 |
) |
| Gross profit as reported |
|
$ |
8,844 |
|
|
$ |
15,233 |
|
|
$ |
13,617 |
|
|
$ |
29,070 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income
before provision for income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
16,331 |
|
|
$ |
10,726 |
|
|
$ |
16,413 |
|
|
$ |
20,737 |
|
| Marketing and distribution |
|
|
1,036 |
|
|
|
1,678 |
|
|
|
1,824 |
|
|
|
5,411 |
|
| Other production |
|
|
7,570 |
|
|
|
(1,666 |
) |
|
|
6,361 |
|
|
|
(7,612 |
) |
| Corporate and other |
|
|
(2,822 |
) |
|
|
(2,348 |
) |
|
|
(5,085 |
) |
|
|
(5,468 |
) |
| |
|
$ |
22,115 |
|
|
$ |
8,390 |
|
|
$ |
19,513 |
|
|
$ |
13,068 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation
and amortization of intangibles: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
5,084 |
|
|
$ |
4,326 |
|
|
$ |
9,621 |
|
|
$ |
8,671 |
|
| Other production |
|
|
1,458 |
|
|
|
1,468 |
|
|
|
2,822 |
|
|
|
2,966 |
|
| Corporate and other |
|
|
186 |
|
|
|
17 |
|
|
|
419 |
|
|
|
33 |
|
| |
|
$ |
6,728 |
|
|
$ |
5,811 |
|
|
$ |
12,862 |
|
|
$ |
11,670 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest
expense, net of capitalized interest: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
(3 |
) |
|
$ |
73 |
|
|
$ |
(33 |
) |
|
$ |
591 |
|
| Marketing and distribution |
|
|
336 |
|
|
|
222 |
|
|
|
573 |
|
|
|
426 |
|
| Other production |
|
|
(39 |
) |
|
|
46 |
|
|
|
(54 |
) |
|
|
182 |
|
| Corporate and other |
|
|
25 |
|
|
|
704 |
|
|
|
33 |
|
|
|
1,731 |
|
| |
|
$ |
319 |
|
|
$ |
1,045 |
|
|
$ |
519 |
|
|
$ |
2,930 |
|
|