Segment Results and Concentrations

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Segment Results and Concentrations

Segment Results and Concentrations

Net sales, Gross profit and gross margin information by segment was as follows (dollars in thousands):

2017	Beer Related			Brewpubs			Total
Net sales	$	179,830		$	27,626		$	207,456
Gross profit	$	63,412		$	1,846		$	65,258
Gross margin	35.3		%	6.7		%	31.5		%
2016
Net sales	$	173,657		$	28,850		$	202,507
Gross profit	$	55,667		$	3,932		$	59,599
Gross margin	32.1		%	13.6		%	29.4		%
2015
Net sales	$	176,343		$	27,825		$	204,168
Gross profit	$	58,610		$	3,586		$	62,196
Gross margin	33.2		%	12.9		%	30.5		%

The segments use many of the same assets. For internal reporting purposes, we do not allocate assets by segment and, therefore, no asset by segment information is provided to our chief operating decision maker.

In preparing this financial information, certain expenses were allocated between the segments based on management estimates, while others were based on specific factors such as headcount. These factors can have a significant impact on the amount of Gross profit for each segment. While we believe we have applied a reasonable methodology, assignment of other reasonable cost allocations to each segment could result in materially different segment Gross profit.

Sales to wholesalers through the A-B Distributor Agreement represented the following percentage of our Sales:

Year Ended December 31,
2017		2016		2015
74.9	%	77.8	%	81.2	%

Receivables from A-B represented the following percentage of our Accounts receivable balance:

December 31,
2017		2016
74.4	%	66.6	%

All of our long-term assets are located in the U.S. and Sales outside of the U.S. are insignificant.