Commitments and Contingencies

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]



NOTE 7:	COMMITMENTS AND CONTINGENCIES

Commitments

The following table provides information on all amounts and payments of the Company's contractual obligations/commitments at December 31, 2015:



	Payments due by period
	Total		Less than 1 year		1-3 years		4-5 years		More than 5 years
Long term debt ^(a)	$	2,706	$	380	$	728	$	785	$	813
Interest on Long term debt^(a)	367		95		149		92		31
Post-employment benefit plan obligations^(b)	4,516		545		1,070		1,054		1,847
Capital leases ^(a)	1,988		1,988		—		—		—
Operating leases	11,016		3,972		3,704		1,952		1,388
Purchase	79,427		75,783		3,474		151		19
Total	$	100,020	$	82,763	$	9,125	$	4,034	$	4,098

^(a) See Note 4.

^(b)See Note 8.

The Company's future operating lease commitments at December 31, 2015 are as follows:



Years ending December 31,
2016	$	3,972
2017	2,464
2018	1,240
2019	1,003
2020	949
Thereafter	1,388
Total	$	11,016

Contingencies

There are various legal and regulatory proceedings involving the Company and its subsidiaries. The company accrues estimated costs for a contingency when management believes that a loss is probable and can be reasonably estimated.

The Alcohol and Tobacco Tax Trade Bureau ("TTB") performed a federal excise tax audit of the Company’s subsidiaries, MGPI of Indiana, LLC and MGPI Processing, Inc., for the periods January 1, 2012 through July 31, 2015 and January 1, 2013 through July 31, 2015, respectively. The Company is in the process of addressing the preliminary findings of the TTB audit regarding clerical errors and support for storage losses. The Company is unable to determine the probability that additional excise tax and penalties will be owed and cannot reasonably estimate the amount thereof. However, the Company believes it is probable that a penalty may be imposed by the TTB as a result of certain TTB audit findings but it is unable to reasonably estimate the amount thereof.

Management expects that the aggregate liabilities, if any, arising from such legal and regulatory proceedings, including the TTB audit, would not have a material adverse effect on the consolidated financial position or results of operations of the Company.