v3.25.2
Operating Segments - Schedule of Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Sales $ 145,494 $ 190,805 $ 267,147 $ 361,368
Cost of Goods Sold 87,107 107,573 165,430 215,341
Gross profit 58,387 83,232 101,717 146,027
Advertising and promotion expense 6,913 11,665 15,085 20,348
SG&A expense 23,156 22,759 44,361 43,738
Impairment of long-lived assets and other 0 21 0 137
Change in fair value of contingent consideration 8,000 5,400 22,700 9,500
Operating income 20,318 43,387 19,571 72,304
Depreciation and amortization 5,830 5,329 11,638 10,618
Corporate        
Segment Reporting Information [Line Items]        
Sales 0 0 0 0
Cost of Goods Sold 0 0 0 0
Gross profit 0 0 0 0
Advertising and promotion expense 29 134 81 272
SG&A expense 12,421 11,026 22,860 20,668
Impairment of long-lived assets and other   0   0
Change in fair value of contingent consideration 0 0 0 0
Operating income (12,450) (11,160) (22,941) (20,940)
Depreciation and amortization 353 339 695 679
Branded Spirits        
Segment Reporting Information [Line Items]        
Sales 60,520 64,041 108,747 114,187
Branded Spirits | Operating Segments        
Segment Reporting Information [Line Items]        
Sales 60,520 64,041 108,747 114,187
Cost of Goods Sold 28,536 30,408 54,565 58,022
Gross profit 31,984 33,633 54,182 56,165
Advertising and promotion expense 6,268 10,828 13,922 18,582
SG&A expense 8,979 10,170 17,969 19,940
Impairment of long-lived assets and other   0   0
Change in fair value of contingent consideration 8,000 5,400 22,700 9,500
Operating income 8,737 7,235 (409) 8,143
Depreciation and amortization 2,145 1,852 4,285 3,675
Distilling Solutions        
Segment Reporting Information [Line Items]        
Sales 50,000 93,388 96,943 178,240
Distilling Solutions | Operating Segments        
Segment Reporting Information [Line Items]        
Sales 50,000 93,388 96,943 178,240
Cost of Goods Sold 31,188 50,915 59,451 101,684
Gross profit 18,812 42,473 37,492 76,556
Advertising and promotion expense 285 241 431 560
SG&A expense 786 683 1,438 1,262
Impairment of long-lived assets and other   21   137
Change in fair value of contingent consideration 0 0 0 0
Operating income 17,741 41,528 35,623 74,597
Depreciation and amortization 2,025 1,968 4,080 3,925
Ingredient Solutions        
Segment Reporting Information [Line Items]        
Sales 34,974 33,376 61,457 68,941
Ingredient Solutions | Operating Segments        
Segment Reporting Information [Line Items]        
Sales 34,974 33,376 61,457 68,941
Cost of Goods Sold 27,383 26,250 51,414 55,635
Gross profit 7,591 7,126 10,043 13,306
Advertising and promotion expense 331 462 651 934
SG&A expense 970 880 2,094 1,868
Impairment of long-lived assets and other   0   0
Change in fair value of contingent consideration 0 0 0 0
Operating income 6,290 5,784 7,298 10,504
Depreciation and amortization $ 1,307 $ 1,170 $ 2,578 $ 2,339