ࡱ> JKLMNO l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~<#܈ ~~3#܈ ~~7#܈ ~~4#܈ ~~#؈ ~~83ffff̙̙3f3fff3f3f33333f339MGP Ingredients Incu CONTENTS PAGE&X:HISTORICAL STOCK PRICES AND DIV&PIssuer Purchases of Equity Secu&h16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsaOperating income24 Basic and diluted EPS%25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016&27 INGREDIENT SOLUTIONS SEGMENT 2017 compared to (1) 931 Financing Cash FlowQContractual Obligations&HdCONSOLIDATED STATEMENTS OF INCO#CONSOLIDATED STATEMENTS (1)"sCONSOLIDATED BALANCE SHEETS#CONSOLIDATED STATEMENTS (2)#CONSOLIDATED STATEMENTS (3)&NOTES TO CONSOLIDATED FINANCIAL!&$NOTES TO CONSOLIDATED (1)2 Inventory&@Property plant and equipment neOAccrued expensese]DMI Investment'kDMI Investment (1)xDMI Investment (2)6DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)-Debt Maturities (7)M4Debt Maturities (8)LENO TITLEX NO TITLE (1)d NO TITLE (2)Rs NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7)i NO TITLE (8) 2004 Plan 2004 Plan (1)&p %{ (1)%  (2)%/ (3)%J (4)%e (5)&tITEM 12 SECURITY OWNERSHIP OF C&ILIST OF SUBSIDIARIES OF REGISTR l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8 CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 1}       MGP INGREDIENTS INC 10-K 03/01/2018MGP Ingredients, Inc.   Kansas  45-4082531$ (State or Other Jurisdiction (I.R.S. Employer) !of Incorporation or Organization) Identification No.)  1)100 Commercial Street, Box 130, Atchison,~ JKansas0((Address of Principal Executive Offices) (Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0vj^Fv3!=PF0*8X> @ l  Ha+O79  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $ } y } :}  H     MGP INGREDIENTS INC 10-K 03/01/2018 CONTENTS PAGE     PART I    Item 1. Business~   Item 1A.  Risk Factors~   Item 1B.! Unresolved Staff Comments~ 6Item 2. Properties~ 6Item 3.Legal Proceedings~ 6Item 4.Mine Safety Disclosures~ 6PART IIItem 5..&Market for Registrant?s Common Equity,~ :/'Related Stockholders Matters and Issuer&Purchases of Equity SecuritiesItem 6.1)Selected Financial Data and Supplementary~ FFinancial InformationItem 7.,$Management?s Discussion and Analysis~ J80of Financial Condition and Results of OperationsItem 7A./'Quantitative and Qualitative Disclosure~ About Market RiskItem 8..&Financial Statements and Supplementary~  Data/'Management?s Report on Internal Control~  Over Financial Reporting/'Report of Independent Registered Public~ D l~rf6 2U*>F\| !"#$%&'()*+,-./0123456789:;<=>?   Accounting Firm!!1!)Consolidated Statements of Income - Years~ !""/"'Ended December 31, 2017, 2016, and 2015##0#(Consolidated Statements of Comprehensive~ #$$/$'Income - Years Ended December 31, 2017,%%%2016, and 2015&&.&&Consolidated Balance Sheets - December~ &'''31, 2017 and 2016((-(%Consolidated Statements of Cash Flows~ ())3)+? Years Ended December 31, 201 7, 2016, and**~ *~++-+%Consolidated Statements of Changes in~ +,,3,+Stockholders? Equity ? Years Ended December--!-31, 201 7, 2016, and 2015..2.*Notes to Consolidated Financial Statements~ .//3/+? Years Ended December 31, 201 7, 2016, and00~ 0~11Item 9.51-Changes in and Disagreements with Accountants~ 122.2&on Accounting and Financial Disclosure33Item 9A3Controls and Procedures~ 344Item 9B.4Other Information~ 45PART III5566Item 10.36+Directors, Executive Officers and Corporate~ 6777 Governance88Item 11.8Executive Compensation~ 899Item 12.09(Security Ownership of Certain Beneficial~ 9::5:-Owners and Management and Related Stockholder;;;Matters<<Item 13.7</Certain Relationships and Related Transactions,~ <==!=and Director Independence>>Item 14..>&Principal Accountant Fees and Services~ >?PART IV??D lr'PlQiCCg96 e@ABCDEFG@@Item 15.2@*Exhibits and Financial Statement Schedules~ @AAItem 16.AForm 10-K Summary~ AB SIGNATURESB~ B"CD$E____________________________1F)Created by Morningstar Document Research.0G(http://documentresearch.morningstar.com/(Q! =PF0*8X> @BGGFFEEBB??55  l  N  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $      MGP INGREDIENTS INC 10-K 03/01/2018-%HISTORICAL STOCK PRICES AND DIVIDENDS                  Stock Sales Price 4 ,Dividend and Dividend Equivalent Information          (per Share and Unit)  High  Low  Declared  Paid~         First Quarter(\L@GzD@ {Gz?   {Gz?Second Quarter~ RG@ {Gz?   {Gz? Third Quarter~  ףp=H@ {Gz?   {Gz?Fourth Quarter0T@fffff&N@ {Gz?   {Gz? )\(?   )\(?~     First QuarterQ:@)\3@ {Gz?    $?Second QuarterC@\(6@  ?   {Gz? Third Quarter F@q= ף@@ {Gz?   {Gz?Fourth Quarter\(J@Gz?@ {Gz?   {Gz? Q?   Q?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@^ D~rfZN!" YVC'c=PF0*8X> @r.                           l   g  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 2} $ }  } $ } }  $ } $} $ } $} $      MGP INGREDIENTS INC 10-K 03/01/2018-%Issuer Purchases of Equity Securities                    (a) Total    (b) Average    (c) Total   (d) Maximum    Number of    Price Paid    Number of   Number (or    Shares (or    per Share (or    Shares (or   Approximate   Units)   Unit)   Units)  Dollar Value) of Purchased    Purchased as Shares (or Units)   Part of that May Yet Be   Publicly Purchased Under    Announced  the Plans or   Plans or Programs   Programs0(October 1, 2017 through October 31, 2017 ? ?    ?   ?2*November 1, 2017 through November 30, 2017~  (a)= ףpR@    ?   ?2*December 1, 2017 through December 31, 2017~  (a)= ףp=R@    ?   ? Total~ r    ?  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>0~rfZN8!c/=1%=PF0*8X> @"                   l  "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity SecuConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $4} $ "     MGP INGREDIENTS INC 10-K 03/01/2018RJ16 ITEM 6. SELECTED FINANCIAL DATA AND SUPPLEMENTARY FINANCIAL INFORMATION                      Year Ended December 31,  2017 (a)(e)(g)(h)  2016 (a)(e)(f)  2015 (a)   2014 (a)(b)  2013 (c)0 (Consolidated Statements of Income (Loss)          Data: Net sales~ 4~ l~    ~   ~ -%Income (loss) before income taxes (d)~ Z8~ ~  JX  ~  R~ Net income (loss)~ ~~ B~  >  ~  q~    3+Basic and Diluted Earnings (Loss) Per Share   ("EPS")0(Income (loss) from continuing operationsQ@Q? Gz?   Q?(\տ+#Income from discontinued operations ? ?  ?    ??Net income (loss)Q@Q? Gz?   Q?(\ҿ   .&Dividends and Dividend Equivalents Per)\(?Q? Q?   ?? Common Share( Consolidated Balance Sheet Data:    Total assets~ "~  ~     ~  ^ ~ < /'Long-term debt, less current maturities~ y~ j~    ~  q~ Q$____________________________DMlYMA5)9 X.%B"Xsg !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @6!!                         l  #*  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 0} $ } $} $ } $}  $ } $} $ } U} $} }  } $}  #     MGP INGREDIENTS INC 10-K 03/01/2018Consolidated results                     Year Ended December 31, . &Year-Versus-Year % Increase (Decrease) ~  ~  ~ ~   2017 v. 2016   2016 v. 2015   Net sales~ 4  ~ l  ~    ffffff"@ %  333333 %   Cost of sales~ "  ~ p  ~ >l   333333@  ~    Gross profit~ £~ ~     ffffff0@'@ Gross margin %fffff5@ %4@ % fffff1@  %  ffffff?pp (a)@pp (a) SG&A expenses~ N~ ~  N  ~  b333333@#Other operating income, net ?~   ?    N/A N/AOperating income~ v~ ޏ~  J   @;@ Operating margin %(@ %ffffff*@ %~  *  %   pp @ pp0(Gain on sale of equity method investment~ ֱ ?  ?    N/A N/A0(Equity method investment earnings (loss)~ ~ ?~  Z_   fffff&[33333@Interest expense, net~ ~ ~     !a@"Income before income taxes~ Z8~ ~  JX  ~  Jffffff0@Income tax expense~ ު~ v~     3333333ffffff%@' Effective tax expense rate %333334@ %L>@ % ?@  %  333333# pp pp Net income~ ~~ B~  >    A@ %3@ % Net income margin %~ 2 %#@ %~  "  %  @ pp? pp   Basic and diluted EPSQ@Q? Gz?    A@ %~ ^ %DMlwk_{l6@NTm @=""!!                          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated results24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $ } 8} $ }  } $} } $ }  } $}       MGP INGREDIENTS INC 10-K 03/01/2018Operating income                      Operating income  Change year-versus-year  Operating income  Change year-versus-year                        * "Operating income for 2016 and 2015 ~ ޏ     ~ J    6.Increase in gross profit - distillery products~ 7@ pp (b) ~  z` 2@pp (b) segment (a)7/Increase in gross profit - ingredient solutions~  ?  pp ~    ? pp segment (a)Change in SG&A expenses~ ʛ.  pp ~  :  pp-%Change in other operating income, net~ 333333   pp ~  4 $@ pp*"Operating income for 2017 and 2016~ v@ %  ~  ޏ ;@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 {oc5=PF0*8X> @          l   h  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } I;} $ } U} $} } $ } } $}       MGP INGREDIENTS INC 10-K 03/01/2018 24 Basic and diluted EPS                   Basic and Diluted EPS  Change year-versus-year Basic and Diluted EPS  Change year-versus-year/ 'Basic and diluted EPS for 2016 and 2015  Q?     Gz?    # Change in operating income:           Operations (a)  (\?   "@  pp (b) zG?   ffffff,@  pp (b),$ Other operating income, net (a)p= ףffffff pp p= ף?   !@ pp0(Gain on sale of equity method investment)\(?3333338@ pp  ?    ?3+Change in equity method investment earnings(\ſ" pp {Gz    pp (loss) (a)&Change in interest expense (a) ? ? Q  ~   pp91Change in weighted average shares outstanding (c){Gz pp ?   333333 @ pp.&Tax: Effect of Tax Act legislation (d)RQ?$@ pp  ?    ?*"Tax: Change in valuation allowance ? ?    333333 pp/'Tax: Change in effect of implementation)\(?~  pp  ףp= ?   ffffff@ ppof ASU No. 2016-094,Tax: Change in effective tax rate (excludingQ?333333? pp Q?   @ pptax items above)/'Basic and diluted EPS for 2017 and 2016Q@ A@ % Q?  ~  ^ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/Dlsg[  @               l  "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } a/} $ } $} $ } $}  $ } } } $} $ } U} $ "     MGP INGREDIENTS INC 10-K 03/01/2018&25 DISTILLERY PRODUCTS SEGMENT                   % DISTILLERY PRODUCTS NET SALES  Year Ended December 31, 3 +Year-versus-Year Net Sales Change Increase/ * "Year-versus-Year Volume Change (a)           (Decrease) ~  ~   $ Change  % Change  % ChangeAmountAmount      Premium beverage alcohol~ : ~ r- ~  ʯ   ffffff2@ %Industrial alcohol~ r~ ~     ! Food grade alcohol (a)~ ~  ~     '@Fuel grade alcohol (a)~ c~ 2s~  R   333333+/'Distillers feed and related co-products~ .~ RT~     ffffff&Warehouse services~ ʦ~ փ~  "   :@!Total distillery products~ ~ n0~     ffffff#@ %ffffff"@ %   .&(a) Volume change for alcohol products   #Other Financial InformationYear Ended December 31,, $Year-versus-Year Increase/(Decrease)~ ~  Change  % Change Gross profit~ ~ x~     1@ %Gross margin %~ ^ %ffffff5@ % ?  pp (b) $____________________________DelymaU}HW>4r'[O !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @2!!                       l  "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } a/} $ } $} $ } $}  $ } } } $} $ }  } $} $ "     MGP INGREDIENTS INC 10-K 03/01/20182017 compared to 2016                    % DISTILLERY PRODUCTS NET SALES   Year Ended December 31, 3 +Year-versus-Year Net Sales Change Increase/ * "Year-versus-Year Volume Change (a)            (Decrease) ~  ~ ~  $ Change  % Change  % Change AmountAmount      Premium beverage alcohol~ r- ~ N~  &)   -@ %Industrial alcohol~ ~  ~     fffff5! Food grade alcohol (a)~  ~  ~  :   Fuel grade alcohol (a)~ 2s~ s~     ?/'Distillers feed and related co-products~ RT~ ~  :   0Warehouse services~ փ~ 6d~     ?@!Total distillery products~ n0~ F~~  *    % %   .&(a) Volume change for alcohol products   #Other Financial InformationYear Ended December 31,, $Year-versus-Year Increase/(Decrease)~ ~ ~ Change  % Change Gross profit~ x~ ~  z`   ffffff(@ %Gross margin %ffffff5@ %333332@ % @  pp (b) $____________________________D\lvj^z9_E^}& @dX !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @2!!                       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 20162017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $ } $} $ } $}  $ } } U} $} $ }  } $      MGP INGREDIENTS INC 10-K 03/01/2018'27 INGREDIENT SOLUTIONS SEGMENT                   & INGREDIENT SOLUTIONS NET SALES  Year Ended December 31, 3 +Year-versus-Year Net Sales Change Increase/ & Year-versus-Year Volume Change           (Decrease) ~  ~   $ Change  % Change  % ChangeAmountAmount      Specialty wheat starches~ ~ ΢~  &   333333@ % Specialty wheat proteins~  0~ ~  ~   333333@ Commodity wheat starches~ ~ jm~     ffffff2@ Commodity wheat proteins~ j ~ ~    ~  b"Total ingredient solutions~ q~ r<~  r5   @ %*@ %   #Other Financial InformationYear Ended December 31,* "Year-versus-year Increase/Decrease~ ~  Change  % Change Gross profit~ ~ ~      !@ %Gross margin %L0@ %/@ % ?  pp (a) $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXxl`T|FSeN~rf>=PF0*8X> @Z+                    l  *7  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $ } $} $ } $}  $ } } } $} $ }  } $      MGP INGREDIENTS INC 10-K 03/01/20182017 compared to 2016                   & INGREDIENT SOLUTIONS NET SALES  Year Ended December 31, 3 +Year-versus-Year Net Sales Change Increase/ & Year-versus-Year Volume Change           (Decrease) ~  ~ ~  $ Change  % Change  % ChangeAmountAmount      Specialty wheat starches~ ΢~ ~  :   333333% % Specialty wheat proteins~ ~ ~      Commodity wheat starches~ jm~ n~      Commodity wheat proteins~ ~ ~  .   33333sG"Total ingredient solutions~ r<~ ~     ffffff %~  %   #Other Financial InformationYear Ended December 31,* "Year-versus-year Increase/Decrease~ ~ ~ Change  % Change Gross profit~ ~ z~      333333@ %Gross margin %/@ %ffffff+@ % @  pp (a) $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXvj^P&)]o$X|pH=PF0*8X> @Z+                    l   O  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)Contractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 0} $ } a} $ }       MGP INGREDIENTS INC 10-K 03/01/201831 Financing Cash Flow                4 ,Dividend and Dividend Equivalent Information  (per Share and Unit) Declaration date   Payment date  Declared  Paid   Total payment ~          February 15, 2017March 24, 2017{Gz?{Gz?  ~    May 2, 2017 June 9, 2017{Gz?{Gz?  ~   August 1, 2017September 8, 2017333333?333333?  ~   (a)August 1, 2017September 11, 2017{Gz?{Gz?  ~   October 31, 2017December 8, 2017{Gz?{Gz?  ~   )\(?)\(?  ~  ~    March 7, 2016April 14, 2016{Gz?{Gz?  ~  August 1, 2016September 8, 2016{Gz?{Gz?  ~  bOctober 31, 2016December 8, 2016{Gz?{Gz?  ~  bQ?Q?  ~  J ~ ~  February 27, 2015April 21, 2015Q?Q?  ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/Djlui]Y9I(~?v=PF0*8X> @J)                           l  b  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash Flow!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 0} $ } } $      MGP INGREDIENTS INC 10-K 03/01/2018Contractual Obligations                      Payments due by period  Total ~    2019-2020   2021-2022   After 2022 Long term debt~ Š  ~   ~ J   ~ *  ~  " Interest on Long term debt~ fM  ~    ~ ~  ~   ~  Operating leases~ ~ v9~  ?  ~  r#~ 0(Post-employment benefit plan obligations~ 5~ ^~    ~  & ~ Purchase commitments~ ƹ~ t (a)~  @  ~  n~  Total~ i~ N~  "  ~   ~ .$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2 th\l>1Kvs=PF0*8X> @:'                      l  3{x  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual ObligationsCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } y<} $ }  }  $ 3                                 MGP INGREDIENTS INC 10-K 03/01/2018)!CONSOLIDATED STATEMENTS OF INCOME               Year Ended December 31, ~  ~  ~ ~ Sales~   ~ F  ~ ~  Less: excise taxes~   ~ j  ~   Net sales~ 4~ l ~   Cost of sales (a)~ "~ p ~  >l  Gross profit~ £~  ~     ,$Selling, general, and administrative~ N~  ~  N ("SG&A") expenses#Other operating income, net ?~    ? Operating income~ v~ J~ ޏ ~  J   0(Gain on sale of equity method investment~ ֱ ?   ? (Note 3)0(Equity method investment earnings (loss)~ ~ ? ~  Z_ (Note 3)Interest expense, net~ ~  ~   "Income before income taxes~ Z8~ JX~  ~  JX   #Income tax expense (Note 6)~ ު~ v ~    Net income~ ~~ >~ B ~  > D lvj^R9>@z @@22 11 00 ------ ++++++ (((((( ###### !!!!!!                    l  (  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } U5}  $                               MGP INGREDIENTS INC 10-K 03/01/20187/CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME              Year Ended December 31, ~  ~  ~ ~  Net income~ ~  ~ B  ~ > . &Other comprehensive income (loss), net      of tax:( Company sponsored benefit plans:  4,Change in pension plans, net of tax expense, ? ?~   )!of $0, $0, and $160, respectively/'Change in post-employment benefits, net~  ~ ~  * 1)of tax expense (benefit) of $40, $90, and($41), respectivelyOther, net of tax~ ~ ~   "Other comprehensive income~ ~ ~   Comprehensive income~ v~ >~  ޜ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>~ 0th\PD7A.X#ocW/=PF0*8X> @             l  D~  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 7} $ D     MGP INGREDIENTS INC 10-K 03/01/2018#CONSOLIDATED BALANCE SHEETS           December 31, ~  ~  Current Assets   ! Cash and cash equivalents~ 20  ~  0(Receivables (less allowance for doubtful~ ~ 0(accounts at December 31, 2017 and 2016 -~ b Inventory~ v~ *Prepaid expenses~ "~ RRefundable income taxes~ ~ F*Total current assets~ Z9~ +#Property, plant, and equipment, net~ .J~ ީ!Equity method investments ?~ ' Other assets~ '~ Z* Total assets~ "~  Current Liabilities,$Current maturities of long-term debt~ ~ DAccounts payable~ V~ =*"Accounts payable to affiliate, net ?~ V4Accrued expenses~ ~ ƋDh l|pdXbUG34x = !"#$%&'()*+,-./0123456789:;<=>?! Total current liabilities~   ~ B !!!!/"'Long-term debt, less current maturities~ "~N""~ "j"!#Revolving credit facility~ #^+##~ ##$Deferred credits~ $!$$~ $.$6%.Accrued retirement, health, and life insurance~ %0%%~ %R8%&benefits%'Other non current liabilities~ 'r''~ '&'(Deferred income taxes~ (2((~ (5()Total liabilities~ )^))~ ))****.+&Commitments and Contingencies ? Note 8+++++,Stockholders? Equity,,,- Capital stock----.%Preferred, 5% non-cumulative; $10 par~ ...~ .../&value; authorized 1,000 shares; issued"0and outstanding 437 shares1 Common stock11132+No par value; authorized 40,000,000 shares;~ 2h22~ 2h203(issued 18,115,965 shares at December 31,04(2017 and 2016; 16,797,420 and 16,658,765/5'shares outstanding at December 31, 20176and 2016, respectively"7Additional paid-in capital~ 7b77~ 778Retained earnings~ 8f3 88~ 88,9$Accumulated other comprehensive loss~ 9&99~ 9.9.:&Treasury stock, at cost, 1,318,545 and~ :::~ ::1;)1,457,200 shares at December 31, 2017 and<2016, respectively"=Total stockholders? equity~ =jL ==~ ==2>*Total liabilities and stockholders? equity~ >">>~ > >?D6 lk7@Rc^L*gP2@ABC@$A____________________________1B)Created by Morningstar Document Research.0C(http://documentresearch.morningstar.com/ <=PF0*8X> @BCCBBAA>>>>====::::9999888877772222....))))((((''''%%%%$$$$####""""        l  EQ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } =}  $ E                                 MGP INGREDIENTS INC 10-K 03/01/2018-%CONSOLIDATED STATEMENTS OF CASH FLOWS               Year Ended December 31,  ~  ~  ~ ~ , $Cash Flows from Operating Activities        Net income~ ~  ~ B  ~ >  .&Adjustments to reconcile net income to  2*net cash provided by operating activities:%Depreciation and amortization~ ~ ֯~  z  0(Gain on sale of equity method investment~ .N ?  ?  -%Gain on property insurance recoveries ?~ j  ?  Gain on sale of assets ?~ b  ?   Share-based compensation~ :(~ %~    0(Equity method investment (earnings) loss~ r~ ~    0(Distribution received from equity method~ no~ 3  ?  investee/'Deferred income taxes, including change~ ~  ~    in valuation allowance Other, net~  ?~    4,Changes in operating assets and liabilities:  Receivables, net~ ~~ G~  J   Inventory~  ~ ~    Prepaid expenses~ :~ J~    Refundable income taxes~ V ~  ~    Dl~rfZNwm.ea?8# ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ?  Accounts payable~   ~ Z  ~ 9  *!"Accounts payable to affiliate, net~ !!!~ !!!~ ! ! ! "Accrued expenses~ "#""~ """~ " $" " #Deferred credits~ ###~ #b##~ # # # 6$.Accrued retirement, health, and life insurance~ $~$$~ $$$~ $ $ $ %benefits& Other, net &?&& &?&&~ & & & 1')Net cash provided by operating activities~ ' ''~ '&4''~ ' #' ' (((((( ( ,)$Cash Flows from Investing Activities))))) ) 3*+Additions to property, plant, and equipment~ ***~ ***~ *  #* * 0+(Divestiture of equity method investment,~ +d++~ +~++ + ?+ +  ,net3-+Proceeds from property insurance recoveries -?--~ --- - ?- - 0.(Proceeds from sale of property and other .?..~ ... . ?. . %/Acquisition of George Remus ? /?//~ /// / ?/ / ;03Net cash provided by (used in) investing activities~ 000~ 000~ 0  #0 0 111111 1 ,2$Cash Flows from Financing Activities22222 2 3Payment of dividends~ 3r33~ 333~ 3 3 3 "4Purchase of treasury stock~ 4&44~ 4J44~ 4 B4 4 *5"Loan fees incurred with borrowings~ 555~ 5:55~ 5 5 5 ,6$Principal payments on long-term debt~ 6j66~ 6Z66~ 6 ^6 6 "7Proceeds on long-term debt~ 7877 7?77~ 7 2*7 7 &8Proceeds from credit agreement~ 8*88~ 8¨88~ 8 8 8 .9&Principal payments on credit agreement~ 9.99~ 999~ 9 9 9 0:(Net cash provided by (used in) financing~ :::~ :::~ : l: : ; activities<<<<<< < #=Increase (decrease) in cash~ ===~ = ==~ = = = >Cash, beginning of year~ >>>~ > >>~ > &X> > ?Cash, end of year~ ?20??~ ???~ ?  ? ? DQlrD puTU ?u @yDD CC BB ?????? >>>>>> ====== :::::: 999999 888888 777777 666666 555555 444444 333333 000000 ////// ...... ------ ++++++ ****** '''''' &&&&&& $$$$$$ ###### """""" !!!!!!                     l  0  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 1} $ } $} $ 0     MGP INGREDIENTS INC 10-K 03/01/2018A9CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY                               Capital  Issued   Additional  Retained   Accumulated  Treasury  Total  Stock  Common   Paid-In  Earnings  Other  Stock   Preferred       Capital       Comprehensive                    Income (Loss)"Balance, December 31, 2014~ ~ h~  Ϊ  ~ e~ ~ ~ ^Comprehensive income:   Net income ? ?  ?  ~ > ? ?~ >"Other comprehensive income ? ?  ?   ?~  ?~ /'Dividends and dividend equivalents, net ? ?  ?  ~  ? ?~  of estimated forfeitures Share-based compensation ? ?~     ? ? ?~ Excess tax benefits ? ?~     ? ? ?~ 1)Stock shares awarded, forfeited or vested ? ?  ?   ? ?~ ~~ ~ Stock shares repurchased ? ?  ?   ? ?~ B~ B"Balance, December 31, 2015~ ~ h~  ~  ~ ~ 2~ n~ Comprehensive income:   Net income ? ? ?   ?  ~ B ? ?~ B"Other comprehensive income ? ?  ?   ?~  ?~ /'Dividends and dividend equivalents, net ? ?  ?  ~  ? ?~  of estimated forfeitures Share-based compensation ? ?~     ? ? ?~ 1)Stock shares awarded, forfeited or vested ? ?  ?   ? ?~ ~ Dlj^RF:?n}YnBzV2 !"#$%&'()*+,-./ Stock shares repurchased ?   ?   ?   ?   ?  ~ J  ~ J "!Balance, December 31, 2016~ !!!~ !h!!~ ! ! ! ~ !!!~ !.!!~ !!!~ !!"Comprehensive income:""""" " """""""# Net income #?## #?# #?#  # ?# # ~ #~## #?## #?##~ #~#"$Other comprehensive income $?$$ $?$$ $ ?$ $  $?$$~ $$$ $?$$~ $$/%'Dividends and dividend equivalents, net %?%% %?%% % ?% % ~ %%% %?%% %?%%~ %% &of estimated forfeitures 'Share-based compensation '?'' 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'?''~ 'F '1()Stock shares awarded, forfeited or vested (?(( (?((~ ( ( (  (?(( (?((~ (-((~ (( )Stock shares repurchased )?)) )?)) ) ?) )  )?)) )?))~ )&))~ )&)"*Balance, December 31, 2017~ ***~ *h**~ * b* * ~ *f3 **~ *&**~ ***~ *jL *+,$-____________________________1.)Created by Morningstar Document Research.0/(http://documentresearch.morningstar.com/$ ,wZ+=PF0*8X> @//..--****** ********)))))) ))))))))(((((( (((((((('''''' ''''''''%%%%%% %%%%%%%%$$$$$$ $$$$$$$$###### ########!!!!!! !!!!!!!!                                   l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)NOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } m      MGP INGREDIENTS INC 10-K 03/01/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  " Buildings and improvements  20 ? 40 years Transportation equipment  5 ? 6 years Machinery and equipment  10 ? 12 years $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(TymaUI1{oc;=PF0*8X> @ l  $1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIAL Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } <(}  $                      MGP INGREDIENTS INC 10-K 03/01/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                Year Ended December 31,  ~  ~  ~ ~) !Interest costs charged to expense ~   ~ :  ~ Z ' Plus: Interest cost capitalized ~   ~   ~   Total~ ~ R ~    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|ymaUIryYMA=PF0*8X> @           l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $4} $      MGP INGREDIENTS INC 10-K 03/01/2018 Inventory.           December 31, ~  ~  Finished goods~   ~  3 +Barreled distillate (bourbons and whiskeys)~   ~   Raw materials~ =~ BWork in process~ >~ 6Maintenance materials~ bq~ ^a Other~ ~  Total~ v~ *$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4`ui W,z)=PF0*8X> @        l  N  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) InventoryAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 7} $      MGP INGREDIENTS INC 10-K 03/01/2018,$Property, plant, and equipment, net.           December 31, ~  ~ ) !Land, buildings, and improvements~ ~h  ~ ~  Transportation equipment~ Z3  ~ 2 Machinery and equipment~ . ~   Construction in progress~ b~ ¥/'Property, plant, and equipment, at cost~ bP~ .6.Less accumulated depreciation and amortization~ ~ +#Property, plant, and equipment, net~ .J~ ީ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4sg[O*cc=PF0*8X> @        l  p\  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $} $      MGP INGREDIENTS INC 10-K 03/01/2018Accrued expenses.           December 31, ~  ~  Employee benefit plans~    ~    Salaries and wages~ rt  ~ &X Property taxes~ ~   Other~ ~  Total~ ~ Ƌ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0sznbH?=PF0*8X> @        l  6j  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $} $ } } $                      MGP INGREDIENTS INC 10-K 03/01/2018DMI Investment              Year Ended December 31, ICP?s Operating results:~  ~  ~ ~  Net sales (a)~   ~    ~ /  & Cost of sales and expenses (b)~ "*  ~   ~ :  Net income~ ~  (c)~  E $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|}qe@1r=PF0*8X> @           l  w  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } a}  $                      MGP INGREDIENTS INC 10-K 03/01/2018DMI Investment              Year Ended December 31, ~  ~  ~ ~ ICP (30% interest)~   ~ ?  ~ a  DMI (50% interest) ?  ~ ~  ~   Total~ ~ ?~  Z_ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,c|}qeXQ=PF0*8X> @           l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } a} $      MGP INGREDIENTS INC 10-K 03/01/2018DMI Investment           December 31, ~  ~  ICP (30% interest) $?  ~ '  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(T}qeOC7=PF0*8X> @B      l  2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } %}  $                       MGP INGREDIENTS INC 10-K 03/01/2018DMI Investment              December 31,   ~  ~   Goodwill ~ r  ~ r  % Brand name (indefinite lived) ~ z  ~ z  #Other intangible asset, net~ r ? 'Balance as of December 31, 2017~ Z~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.}qeexwk_7=PF0*8X> @r           l   ,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Debt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 7} $ }                                  MGP INGREDIENTS INC 10-K 03/01/2018!Indebtedness Outstanding.              December 31,  Description (a) ~  ~  5 -Credit Agreement - Revolver, 2.935% (variable ~ 3  ~   (c) rate) due 2022/'Credit Agreement - Fixed Asset Sub-Line ?~ R  (c)6.term loan (closed August 23, 2017 - see below)3+Credit Agreement - Term Loan (closed August ?~ "  (c)23, 2017 - see below)-%Secured Promissory Note, 3.71% (fixed~ ~ R$ rate) due 20221)Prudential Note Purchase Agreement, 3.53%~ 8 ? (fixed rate) due 2027&Total indebtedness outstanding~ Š~ ; *" Less unamortized loan fees (b)~ ~  +#Total indebtedness outstanding, net~ ~ 2 5- Less current maturities of long-term debt~ 2~  Long-term debt~ y~ j $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D l~rfZKE$REB6*=PF0*8X> @         l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $      MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.       Year Ending December 31,   ~  ~   ~  ~    ~  ~ B  ~ ~ ~ ~ k Thereafter~  Total~ Š$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2m{ocSK=PF0*8X> @R     l  >  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } }  $                            MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.              Year Ended December 31, ~  ~  ~ ~ Current:      Federal~   ~ v  ~   State~ ~ Z~   ~ ~ ~    Deferred: Federal~ 2~  ~  1  State~ ~  ~   ~ ~ ~  z#  Total~ ު~ v~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/87{ocVScznb:=PF0*8X> @              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 1} $ } $} $ } $}  $ } $                               MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.              Year Ended December 31, ~  ~  ~ ~1 )"Expected" provision at federal statutory~    ~   ~   rateState income taxes, net~ 2~ "~   %Change in valuation allowance~ ~ ~   .&Domestic production activity deduction~ ~ ~  Z $Share-based compensation (a)~ ~   N/A Compensation limits~  ?  ? %Federal and state tax credits~ z~ ^  ? $Tax benefit from the Tax Act~  ?  ?  Other~ ~ " ~   Income tax expense~ ު~ v~   Effective tax rate333334@ %L>@ % ?@  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/> 0{ocV"l[XA5)=PF0*8X> @B(                  l  #_t  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } -} $ #     MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.           December 31, ~  ~ # Deferred income tax assets:   ! Post-retirement liability~ :  ~ V Deferred income~ ~~ b Share-based compensation~ ~ "Capital loss carryforwards ?~ 2 &State tax credit carryforwards~ 6~ 2*"State operating loss carryforwards~ j~  Inventories~  ~ ( Other~  ~ ( Gross deferred income tax assets~ ~  !Less: valuation allowance~ ~ &Net deferred income tax assets~ f~ ( Deferred income tax liabilities: Fixed assets~ fo~ ^ !Equity method investments ?~  Other~  ~ z-%Gross deferred income tax liabilities~ nk~ )!Net deferred income tax liability~ ~ bD l{oc` @2&""!!       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } I"} $      MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.        Valuation allowance$ Balance at December 31, 2015 ~    Reductions ~ :  $ Balance at December 31, 2016 ~ Z   Reductions~  $Balance at December 31, 2017~ R$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.{oc'fvN=PF0*8X> @J      l  `  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 2}  $                          MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.              Year Ended December 31, ~  ~  ~ ~! Beginning of year balance~   ~    ~   2 *Additions for tax positions of prior years~    ~     ? 2*Additions for tax positions of the current~ 2~ V  ?  year.&Reduction for prior year tax positions ?~ B  ? "Reductions for settlements ?~ ~  ? End of year balance~ ~ ~    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{ocV0e=PF0*8X> @              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 7}  $                               MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.              Year Ended December 31, ~  ~  ~ ~  Operations:       Net income (a)~ ~  ~ B  ~ > 2*Less: Income attributable to participating~ ~ ~    .&securities (unvested shares and units) (b)6.Net income attributable to common shareholders~ }~ Z~    Share information: 1)Basic and diluted weighted average common~ #~ ~  #  shares (c)(d)  !Basic and diluted EPS (d)Q@Q? Gz? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>4 0{ocVwXPy=PF0*8X> @            l  #1&2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } $4} $ } } $ #     MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.                    Pension Plan Items (a)* "Post-Employment Benefit Plan Items  Other  Total" Balance, December 31, 2014 ~ 2  ~   ~   ~  3 + Other comprehensive income (loss) before ~ v  ~   ~   ~    reclassifications-%Amounts reclassified from accumulated~ ^ ~ n ~    ~ "other comprehensive income2*Net 2015 other comprehensive income (loss)~ ~ * ~    ~ "Balance, December 31, 2015 $?~   ~  *  ~ 23+ Other comprehensive income (loss) before ?~  ~    ~ reclassifications-%Amounts reclassified from accumulated ?~ V ~    ~ r"other comprehensive income2*Net 2016 other comprehensive income (loss) ?~  ~    ~ "Balance, December 31, 2016 $?~ " ~    ~ .3+ Other comprehensive income (loss) before ?~  ~    ~ reclassifications-%Amounts reclassified from accumulated ?~ 6 ~    ~ F"other comprehensive income2*Net 2017 other comprehensive income (loss) ?~   ~    ~ "Balance, December 31, 2017 $?~ * ~    ~ &Dl{oc,]@wQav !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @;""!!                      l  [D  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } y<} $ }       MGP INGREDIENTS INC 10-K 03/01/2018Debt Maturities.       5 -Details about Accumulated Other Comprehensive - %Amounts Reclassified from Accumulated   Income Components ) !Other Comprehensive Income (Loss)& Post Employment Benefit Items:    0 ( Amortization of prior service cost ~    (a)+# Recognized net actuarial loss~  (a)~ ~  Tax expense~ 6 Net of tax,$Equity Method Investment Adjustment::2 Accumulated postretirement benefit obligation~ ~  Tax benefit~  Net of tax"Reclassifications for 2017~ FTotal net of tax$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<{oc+\Mt=PF0*8X> @r    l  V  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } <(} $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE                  ! Pension Benefit Plans (a) $ Post-Employment Benefit Plan    December 31,   December 31,  ~ ~ ~  ~  ~ ~ % Change in benefit obligation:        Beginning of year~ ~ *@~  &I  ~  L Service cost ?~ f~    ~   Interest cost~ ~ ~  :  ~  6Actuarial loss (gain)~ ~ ~  ^  ~   Benefits paid~ ~ ~    ~  z)!Benefit obligation at end of year $?~ R8~  *@  ~  &I$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 wk.f(y^Y=PF0*8X> @#                    l  d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } <} $ } <} $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE      $ Post-Employment Benefit Plan   Year Ended December 31,  ~  ~    Discount rate 2.96%  3.15% Measurement date December 31, December 31,~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|wk/t!}U=PF0*8X> @*   l  r  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } y#} $ }  } $} $ }  } $} $ }  } $} $                       MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE             $ Post-Employment Benefit Plan   Year Ended December 31,  ~  ~  ~ ~ ! Expected return on Assets  ?   ?   ?   Discount rate333333 @ % @ %Q@  % %Average compensation increase N/A N/A N/A  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.7wklf =PF0*8X> @B        l  ܄  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } m)} $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE                  ! Pension Benefit Plans (a) $ Post-Employment Benefit Plan   Year Ended December 31,  Year Ended December 31,  ~ ~ ~  ~  ~ ~   Service cost $?  ~ f  ~   ~    Interest cost~ ~ ~  :  ~  6!Expected return on assets~ N ?  ?    ?*"Amortization of prior service cost ?~ ~    ~  %Recognized net actuarial loss~ f~ ~  6  ~  ZSettlement losses~ z ?  ?    ?"Net benefit cost (benefit)~ ~ ~    ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6^ wk.P5p?3'=PF0*8X> @:'                       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 0} $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE                 ! Pension Benefit Plans (a) $ Post-Employment Benefit Plan  Year Ended December 31,  Year Ended December 31, ~ ~ ~  ~  ~ ~! Net actuarial (loss) gain~ v  ~   ~   ~ v Settlement losses~ z ?  ?    ?%Recognized net actuarial loss~ f~ ~  6  ~  Z*"Amortization of prior service cost ?~ ~    ~  0(Total other comprehensive income (loss),~ R~ ~    ~  pre-tax( Income tax expense (benefit)~ ~ ~  j  ~  ^0(Total other comprehensive income (loss),~ ~  ~    ~  * net of tax$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8K wkF)t0pZN&=PF0*8X> @:'                       l  ,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $                       MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE          $ Post-Employment Benefit Plan   As of December 31,  Benefit obligation~  ~   Current~   ~ *   Non-Current~ ~ Net amount recognized~ ~ ڿ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.Ewk7u=PF0*8X> @j        l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE      $ Post-Employment Benefit Plan  Actuarial net loss~   ! Net prior service credits~    Net amount recognized~ &  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/* hwk/` =PF0*8X> @:     l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } -}  } $} $ }  } $} $ }  } $} $ } } $} $ } } $} $ }  } $      MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE                   $ Post-Employment Benefit Plan  Year Ended December 31, ~  ~    Group Plan " Lifetime Prescription Cost  Medicare Supplement   Group Plan " Lifetime Prescription Cost  Medicare Supplement#Health care cost trend rate~  %~ & %@ %  @  % ~  & %~  %Ultimate trend rate~  %~  %@ % ~    % ~   %~  %-%Year rate reaches ultimate trend rate~ ~ ~  ~    ~  ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0zwk_0=PF0*8X> @j           l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $                           MGP INGREDIENTS INC 10-K 03/01/2018NO TITLE          $ Post-Employment Benefit Plan   Expected Benefit  Expected Subsidy   Payments  Receipts~ ~   ~ >  ~ ~ ~ 6~ ~ V~ .~ ~ ~ .~ ~ ~ & 2023-2027~ ~ z Total~ "7~ f$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wkc#oac=PF0*8X> @        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } -}  } $ }  } $      MGP INGREDIENTS INC 10-K 03/01/2018 2004 Plan                Year Ended December 31, ~  ~ ~    Weighted    Weighted    Average    Average Grant-Date   Grant-DateShares Fair ValueShares   Fair Value-%Unvested balance at beginning of year~ ffffff@~    Q@ Granted ? ?~ F   Q1@  Forfeited ? ?~    Gz@ Vested~ 2(ffffff@~    333333@ 'Unvested balance at end of year ? $?~    ffffff@ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 vj_ '$ =PF0*8X> @                l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } -}  } $ }  } $ }  } $      MGP INGREDIENTS INC 10-K 03/01/2018 2004 Plan                        Year Ended December 31,  ~  ~  ~ ~   Units  Weighted Average  Units  Weighted Average    Weighted Average      Grant-Date Fair     Grant-Date Fair    Grant-Date Fair Value    Value Units Value-%Unvested balance at beginning of year~ 1 ףp= W$@~    \(\@ ~ 9\(\@Granted~ jףp= wE@~ r(   fffff&7@ ~ yzG0@ Forfeited~ 2= ףp9@~ N   '@ ~ Z@Vested~ "HzG@ ?    ? ~ Z[(\-@'Unvested balance at end of year~ }3333331@~ 1    ףp= W$@ ~ \(\@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6w vjb'"fEB=A&=PF0*8X> @"                 l  &  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)  (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } m)}  $ &                                 MGP INGREDIENTS INC 10-K 03/01/2018              Year Ended December 31, ~  ~  ~ ~ Net sales to customers:      Distillery products~   ~ n0  ~ F~ Ingredient solutions~ q~ r<~    Total (a)~ 4~ l~      Gross profit: Distillery products~ ~ x~   Ingredient solutions~ ~ ~  z  Total~ £~ ~    &Depreciation and amortization:  Distillery products~ ~ ΂~   Ingredient solutions~ ~ ~     Corporate~ ~ .~  n  Total~ ~ ֯~  z   *"Income (loss) before income taxes:  Distillery products~ "~ >E~  & Ingredient solutions~ Vg~ 2[~  X  Corporate~  ~ J~   D1 lsf-SVKP ! " # $ %  Total~ Z8  ~   ~ JX !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/d}qI=PF0*8X> @1%% $$ ##                    l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } } $ } } $      MGP INGREDIENTS INC 10-K 03/01/2018           December 31, ~  ~  Identifiable Assets    Distillery products~ f   ~   Ingredient solutions~ Z~  Corporate~ f9 (a)~ D Total (b)~ "~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0Usxa =PF0*8X> @r      l  .  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } U5}  $                         MGP INGREDIENTS INC 10-K 03/01/2018              Year Ended December 31, ~  ~  ~ ~4 ,Non-cash investing and financing activities:     2 *Purchase of property, plant, and equipment~ F  ~ 2D  ~  in accounts payable,$Additional cash payment information:  Interest paid~ F~ ~    Income taxes paid~ Z~ f~  ƒ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2sfV7L=PF0*8X> @          l  %FhH  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } 1} $ %     MGP INGREDIENTS INC 10-K 03/01/2018                 $ Year Ended December 31, 2017  Fourth  Third  Second  First  Quarter  Quarter  Quarter  Quarter Sales~   ~ \  ~ R]  ~ F Less: excise tax~ ,~ ~  n!  ~  BA Net sales~ b~ D~  ;  ~  R Cost of sales~ 0~ !~    ~  ( Gross profit~ 1~ #~  &&  ~  ) SG&A expenses~ ~ j~  ށ  ~  w Operating income~ ~ ~  J  ~  0(Gain on sale of equity method investment ?~ ֱ  ?    ? (Note 3) (a)0(Equity method investment earnings (loss) ? ?~  6  ~  ^(Note 3)Interest expense, net~ ~ ~    ~  "Income before income taxes~ ~ Q~    ~  21)Income tax expense (benefit) (Note 6) (b)~ .~ u~  .  ~  , Net income~ ~~ ~  c  ~     "Basic and diluted EPS dataGz?= ףp=? Gz?   ?   .&Dividends and dividend equivalents per{Gz?{Gz? {Gz?   {Gz?D0ls HZ L4vbB@~ !"#$! common share and per unit!$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/&P=PF0*8X> @BH$$##""                                       l  $,bac  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (5)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } a/} $ $     MGP INGREDIENTS INC 10-K 03/01/2018                 , $Year Ended December 31, 2016 (a) (b)  Fourth  Third  Second  First  Quarter  Quarter  Quarter  Quarter Sales~ 60  ~   ~   ~  Less: excise tax~ R<~ ;~    ~   Net sales~ ~ N~  "  ~   Cost of sales~ "~  ~  v  ~  6 Gross profit~ ~ F~    ~  Z  SG&A~ .m~ m~  d  ~  b#Other operating income, net ?~   ?    ? Operating income~ ~ ~    ~  /'Equity method investment earnings (Note~ ~ b ~    ~  ~ Interest expense~ ~ ~    ~  &"Income before income taxes~ r~ "~  Z  ~  Ϊ#Income tax expense (Note 6)~ :~ 2$~  7  ~  < Net income~ v~ ~  b  ~  Nn   "Basic and diluted EPS dataQ?? Gz?   = ףp=?   .&Dividends and dividend equivalents per{Gz?{Gz?  $?   {Gz?!common share and per unitDlsw@RZ3~\ !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @BH##""!!                                       l  s  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)!ITEM 12 SECURITY OWNERSHIP OF C!LIST OF SUBSIDIARIES OF REGISTRU } mB} $      MGP INGREDIENTS INC 10-K 03/01/2018     Consideration:  Cash~ > 6 .Contingent consideration arrangement (included~ z / 'in Other non-current liabilities on the$Consolidated Balance Sheets)?7 Fair value of total consideration transferred~ 1)Recognized amounts of identifiable assets acquired: Inventory~ 7/ Total identifiable net assets assumed~ 2*Goodwill and Brand name (indefinite lived)~ 6. (included in Other assets on the Consolidated Balance Sheets) (Note 4) Total~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@DsClDyJkG=PF0*8X> @R    l  D  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!LIST OF SUBSIDIARIES OF REGISTRU } 0.}  } $ } y} $                            MGP INGREDIENTS INC 10-K 03/01/2018kcITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MAT           7 /(1) Number of shares to be issued upon exercise . &(2) Weighted average of exercise price 4 ,(3) Number of securities remaining available - %of outstanding options, warrants, and - %of outstanding options, warrants, and 5 -for future issuance under equity compensation  rights  rights - %plans (excluding securities reflected       in column~ -%Equity compensation plans approved by~ }3333331@~ JX security holders.&Equity compensation plans not approved ? ? ? by security holders Total~ }3333331@~ JX $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8+ @4(Fl znF=PF0*8X> @              l  ͒  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??8MGP Ingredients Inc CONTENTS PAGE!HISTORICAL STOCK PRICES AND DIV!Issuer Purchases of Equity Secu!16 ITEM 6 SELECTED FINANCIAL DAConsolidated resultsOperating income24 Basic and diluted EPS 25 DISTILLERY PRODUCTS SEGMENT2017 compared to 2016!27 INGREDIENT SOLUTIONS SEGMENT2017 compared to (1)31 Financing Cash FlowContractual Obligations!CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS (1)CONSOLIDATED BALANCE SHEETSCONSOLIDATED STATEMENTS (2)CONSOLIDATED STATEMENTS (3)!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1) Inventory!Property plant and equipment neAccrued expensesDMI InvestmentDMI Investment (1)DMI Investment (2)DMI Investment (3)Indebtedness OutstandingDebt MaturitiesDebt Maturities (1)Debt Maturities (2)Debt Maturities (3)Debt Maturities (4)Debt Maturities (5)Debt Maturities (6)Debt Maturities (7)Debt Maturities (8) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3) NO TITLE (4) NO TITLE (5) NO TITLE (6) NO TITLE (7) NO TITLE (8) 2004 Plan 2004 Plan (1)!   (1)  (2)  (3)  (4)  (5)!ITEM 12 SECURITY OWNERSHIP OF CU } } $ } $} $ }       MGP INGREDIENTS INC 10-K 03/01/2018*"LIST OF SUBSIDIARIES OF REGISTRANT        Percentage of voting  State or Country   securities directly or  of incorporation or   indirectly owned by   organization:    Registrant:MGPI Processing, Inc.~ KansasMGPI of Indiana, LLC~ Delaware$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.;ui]QPl=PF0*8X> @ Root Entry FBook  X  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHI