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MGP Ingredients MGPI Impairment Charges
Impairment Charges at other companies
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Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: MGP Ingredients’s 10-Q, filed April 29, 2026.
- Filed
- Apr 29, 2026, 7:33 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000835011-26-000068
| Line item | Quarter Ended March 31, 2026 | Quarter Ended March 31, 2025 |
|---|---|---|
| Gross profit | 33,582 | 43,330 |
| Advertising and promotion expenses | 6,191 | 8,172 |
| Selling, general, and administrative expenses | 21,066 | 21,205 |
| Goodwill and other long-lived assets impairment | 179,526 | — |
| Change in fair value of contingent consideration | — | 14,700 |
| Operating loss | (173,201) | (747) |
| Interest expense, net | (1,421) | (1,854) |
| Other income (expense), net | (50) | 215 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is MGP Ingredients's impairment charges?
- MGP Ingredients (MGPI) reported impairment charges of $179.53M in Q1 2026.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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