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MGP Ingredients Inc. – ‘10-Q’ for 9/30/23 – ‘EX-31.2’

On:  Thursday, 11/2/23, at 7:33am ET   ·   For:  9/30/23   ·   Accession #:  1628280-23-36204   ·   File #:  0-17196

Previous ‘10-Q’:  ‘10-Q’ on 8/3/23 for 6/30/23   ·   Next & Latest:  ‘10-Q’ on 5/2/24 for 3/31/24   ·   1 Reference:  To:  MGP Ingredients Inc. – ‘8-K’ on 9/6/23 for 8/31/23

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/02/23  MGP Ingredients Inc.              10-Q        9/30/23   64:6.9M                                   Workiva Inc Wde… FA01/FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.51M 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     23K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     20K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     20K 
11: R1          Cover Page                                          HTML     71K 
12: R2          Condensed Consolidated Statements of Income         HTML    125K 
13: R3          Condensed Consolidated Statements of Comprehensive  HTML     55K 
                Income                                                           
14: R4          Condensed Consolidated Balance Sheets               HTML    163K 
15: R5          Condensed Consolidated Balance Sheets               HTML     47K 
                (Parenthetical)                                                  
16: R6          Condensed Consolidated Statements of Cash Flows     HTML    105K 
17: R7          Condensed Consolidated Statements of Changes in     HTML     92K 
                Stockholders' Equity                                             
18: R8          Condensed Consolidated Statements of Changes in     HTML     21K 
                Stockholders' Equity (Parenthetical)                             
19: R9          Accounting Policies and Basis of Presentation       HTML     54K 
20: R10         Revenue                                             HTML     79K 
21: R11         Business Combination                                HTML     42K 
22: R12         Goodwill and Intangible Assets                      HTML     48K 
23: R13         Planned Closure of the Atchison Distillery          HTML     22K 
24: R14         Corporate Borrowings                                HTML     44K 
25: R15         Income Taxes                                        HTML     25K 
26: R16         Equity and EPS                                      HTML     79K 
27: R17         Commitments and Contingencies                       HTML     21K 
28: R18         Employee and Non-Employee Benefit Plans             HTML     28K 
29: R19         Operating Segments                                  HTML     87K 
30: R20         Subsequent Events                                   HTML     22K 
31: R21         Pay vs Performance Disclosure                       HTML     31K 
32: R22         Insider Trading Arrangements                        HTML     25K 
33: R23         Accounting Policies and Basis of Presentation       HTML     73K 
                (Policies)                                                       
34: R24         Accounting Policies and Basis of Presentation       HTML     32K 
                (Tables)                                                         
35: R25         Revenue (Tables)                                    HTML     76K 
36: R26         Business Combination (Tables)                       HTML     34K 
37: R27         Goodwill and Intangible Assets (Tables)             HTML     50K 
38: R28         Corporate Borrowings (Tables)                       HTML     38K 
39: R29         Equity and EPS (Tables)                             HTML     76K 
40: R30         Operating Segments (Tables)                         HTML     85K 
41: R31         Accounting Policies and Basis of Presentation -     HTML     49K 
                Narrative (Details)                                              
42: R32         Accounting Policies and Basis of Presentation -     HTML     32K 
                Inventory (Details)                                              
43: R33         Revenue (Details)                                   HTML     77K 
44: R34         Business Combination - Narrative (Details)          HTML     60K 
45: R35         Business Combination - Considerations Transferred   HTML     72K 
                (Details)                                                        
46: R36         Goodwill and Intangible Assets - Narrative          HTML     32K 
                (Details)                                                        
47: R37         Goodwill and Intangible Assets - Expected Future    HTML     33K 
                Amortization Expense (Details)                                   
48: R38         Goodwill and Intangible Assets - Goodwill and       HTML     42K 
                Indefinite-lived Intangible Assets (Details)                     
49: R39         Planned Closure of the Atchison Distillery          HTML     27K 
                (Details)                                                        
50: R40         Corporate Borrowings - Indebtedness Outstanding     HTML     56K 
                (Details)                                                        
51: R41         Corporate Borrowings - Narrative (Details)          HTML     72K 
52: R42         Income Taxes (Details)                              HTML     27K 
53: R43         Equity and EPS - Computations (Details)             HTML     84K 
54: R44         Equity and EPS - Schedule of Common Stock Activity  HTML     35K 
                (Details)                                                        
55: R45         Employee and Non-Employee Benefit Plans (Details)   HTML     55K 
56: R46         Operating Segments - Narrative (Details)            HTML     20K 
57: R47         Operating Segments - Operating Profit (Loss) Per    HTML     56K 
                Segment (Details)                                                
58: R48         Operating Segments - Identifiable Assets by         HTML     37K 
                Segment (Details)                                                
59: R49         Subsequent Events (Details)                         HTML     28K 
62: XML         IDEA XML File -- Filing Summary                      XML    110K 
60: XML         XBRL Instance -- mgpi-20230930_htm                   XML   1.51M 
61: EXCEL       IDEA Workbook of Financial Report Info              XLSX    115K 
 7: EX-101.CAL  XBRL Calculations -- mgpi-20230930_cal               XML    194K 
 8: EX-101.DEF  XBRL Definitions -- mgpi-20230930_def                XML    389K 
 9: EX-101.LAB  XBRL Labels -- mgpi-20230930_lab                     XML   1.40M 
10: EX-101.PRE  XBRL Presentations -- mgpi-20230930_pre              XML    810K 
 6: EX-101.SCH  XBRL Schema -- mgpi-20230930                         XSD    113K 
63: JSON        XBRL Instance as JSON Data -- MetaLinks              450±   644K 
64: ZIP         XBRL Zipped Folder -- 0001628280-23-036204-xbrl      Zip    465K 


‘EX-31.2’   —   Certification — §302 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  
Exhibit 31.2
CERTIFICATION

I, Brandon M. Gall, certify that:

1.I have reviewed this Quarterly Report on Form 10-Q of MGP Ingredients, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonable likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date:November 2, 2023
/s/ Brandon M. Gall
Brandon M. Gall, Vice President, Finance and Chief Financial Officer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/2/238-K
For Period end:9/30/23
 List all Filings 


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/06/23  MGP Ingredients Inc.              8-K:1,9     8/31/23   11:218K                                   Workiva Inc Wde… FA01/FA
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Filing Submission 0001628280-23-036204   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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