Crimson Wine (CWGL) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 06, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,016
Entity Registrant Name	Crimson Wine Group, Ltd
Entity Central Index Key	1,562,151
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		24,161,474

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 7,398	$ 18,333
Investments available for sale	25,820	25,423
Accounts receivable, net	4,773	6,121
Inventory	57,944	55,636
Other current assets	1,790	1,851
Total current assets	97,725	107,364
Property and equipment, net	116,839	111,635
Goodwill	1,196	1,053
Intangible assets and other non-current assets	15,965	15,894
Total non-current assets	134,000	128,582
Total assets	231,725	235,946
Current liabilities:
Accounts payable	815	3,936
Accrued compensation related expenses	1,805	2,504
Other accrued expenses	2,706	2,584
Customer deposits	529	385
Current portion of long-term debt, net of unamortized loan fees	633	633
Total current liabilities	6,488	10,042
Long-term debt, net of current portion and unamortized loan fees	15,123	15,282
Deferred rent, non-current	113	120
Deferred tax liability	3,694	3,642
Total non-current liabilities	18,930	19,044
Total liabilities	25,418	29,086
Equity
Common shares, par value $0.01 per share, authorized 150,000,000 shares; 24,199,442 and 24,4306,556 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively	242	243
Additional paid-in capital	277,520	277,520
Accumulated other comprehensive loss	49	(47)
Accumulated deficit	(71,504)	(70,856)
Total equity	206,307	206,860
Total liabilities and equity	$ 231,725	$ 235,946

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Condensed Consolidated Balance Sheets [Abstract]
Common shares, par value	$ 0.01	$ 0.01
Common shares, shares authorized	150,000,000	150,000,000
Common shares, shares issued	24,199,442	24,306,556
Common shares, shares outstanding	24,199,442	24,306,556

Condensed Consolidated Income S

Condensed Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Consolidated Statements Of Operations [Abstract]
Net sales	$ 15,554	$ 13,717
Cost of sales	7,899	6,036
Gross profit	7,655	7,681
Operating expenses:
Sales and marketing	3,957	3,175
General and administrative	3,171	2,573
Total operating expenses	7,128	5,748
Net gain on disposal of property and equipment	(6)	(17)
Income from operations	533	1,950
Other income (expense):
Interest expense	(232)	(38)
Other income, net	70	13
Total other expense, net	(162)	(25)
Income before income taxes	371	1,925
Income tax provision	140	851
Net income	$ 231	$ 1,074
Basic and fully diluted weighted-average shares	24,256	24,458
Basic and fully diluted earnings per share	$ 0.01	$ 0.04

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 231	$ 1,074
Other comprehensive income:
Net unrealized holding gains on investments arising during the period	96	61
Comprehensive income	$ 327	$ 1,135

Condensed Consolidated Stateme6

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net cash flows from operating activities:
Net income	$ 231	$ 1,074
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization of property and equipment	1,641	1,453
Amortization of intangible assets	387	379
Amortization of loan fees	2
Loss on write-down of inventory	252	12
Provision for doubtful accounts		36
Net gain on disposal of property and equipment	(6)	(17)
Deferred rent	(5)	(3)
Provision for deferred income taxes	1	795
Net change in:
Accounts receivable	1,580	1,016
Inventory	1,669	628
Other current assets	61	(454)
Other non-current assets	142	7
Accounts payable and expense accruals	(4,626)	(3,816)
Customer deposits	144	138
Net cash provided by operating activities	1,473	1,248
Net cash flows from investing activities:
Acquisition of Seven Hillls Winery	(7,320)
Purchase of investments available for sale	(1,250)	(250)
Redemptions of investments available for sale	1,000	500
Acquisition of property and equipment	(3,804)	(1,396)
Proceeds from disposals of property and equipment	7	23
Net cash used in investing activities	(11,367)	(1,123)
Net cash flows from financing activities:
Principal payments on loan agreements	(160)
Payment of loan fees	(1)
Repurchase of common stock	(880)
Net cash used in financing activities	(1,041)
Net (decrease) increase in cash and cash equivalents	(10,935)	125
Cash and cash equivalents - beginning of period	18,333	13,274
Cash and cash equivalents - end of period	7,398	$ 13,399
Supplemental disclosure of cash flow information:
Interest	$ 120
Income taxes
Non-cash investing activity:
Unrealized holding gains on investments, net of tax	$ 96	$ 61
Acquisition of property and equipment accrued but not yet paid	$ 115	$ 175

Background and Basis of Present

Background and Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Background and Basis of Presentation [Abstract]
Background and Basis of Presentation	1. Background and Basis of Presentation  Background  Crimson Wine Group, Ltd. and its subsidiaries (collectively, “Crimson” or the “Company”) is a Delaware corporation that has been conducting business since 1991. Crimson is in the business of producing and selling ultra-premium and luxury wines (i.e., wines that retail for $14 to $25 and over $25 per 750ml bottle, respectively). Crimson is headquartered in Napa, California and through its subsidiaries owns four wineries: Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards and Seghesio Family Vineyards. In addition, Crimson owns Double Canyon Vineyards which owns land in the Horse Heaven Hills of Washington’s Columbia Valley.  On January 27, 2016, the Company entered into a purchase agreement pursuant to which it acquired, or has rights in, substantially all of the assets and certain liabilities with respect to Seven Hills Winery, located in Walla Walla, Washington. Seven Hills has established a storied wine program with a strong history of accolades for both Merlot and Bordeaux-style red blends, and the acquisition of Seven Hills Winery provides a strategic opportunity for Crimson to expand its portfolio.  Financial Statement Preparation  The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. The unaudited interim condensed consolidated financial statements, which reflect all adjustments (consisting of normal recurring items or items discussed herein) that management believes necessary to fairly state results of interim operations, should be read in conjunction with the Notes to Consolidated Financial Statements (including the Significant Accounting Policies and Recent Accounting Pronouncements) included in the Company’s audited consolidated financial statements for the year ended December 31, 2015, as filed with the SEC on Form 10-K (the “2015 Report”). Results of operations for interim periods are not necessarily indicative of annual results of operations. The unaudited condensed consolidated balance sheet at December 31, 2015 was extracted from the audited annual financial statements and does not include all disclosures required by GAAP for annual financial statements.  Significant Accounting Policies  There were no changes to the Company’s significant accounting policies during the three months ended March 31, 2016. See Note 3 to the 2015 Report for a description of the Company’s significant accounting policies.  Recent Accounting Pronouncements  The following table provides a brief description of recent accounting pronouncements issued by the Financial Accounting Standards Board (“FASB”) subsequent to the filing of the 2015 Report that could have a material effect on Crimson’s financial statements. The following table also provides a brief description of recent accounting pronouncements adopted during the three months ended March 31, 2016:    Standard Description Date of adoption Effect on the financial statements or other significant matters   Standards that are not yet adopted  Accounting Standard Update ("ASU") 2016-08, Revenue from Contracts with Customers (Topic 606) In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which is guidance outlining a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers that supersedes most current revenue recognition guidance. ASU 2016-08 amends the principal-versus-agent implementation guidance set forth in ASU 2014-09. Among other things, ASU 2016-08 clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. January 1, 2018, early adoption is permitted for the Company beginning on January 1, 2017. Management is currently evaluating the potential impact of this guidance on the Company’s consolidated financial statements.  ASU 2016-10, Revenue from Contracts with Customers (Topic 606) Amends certain aspects of ASU 2014-09 related to identifying performance obligations and licensing implementation. January 1, 2018, early adoption is permitted for the Company beginning on January 1, 2017. Management is currently evaluating the potential impact of this guidance on the Company’s consolidated financial statements.  Standards that were adopted  ASU 2015-16, Business Combinations (Topic 805) The standard eliminates the requirement for retrospective treatment of measurement-period adjustments in a business combination. Instead, a measurement-period adjustment will be recognized in the period in which the adjustment is determined. January 1, 2016 The adoption of this standard did not have a material impact on the Company’s consolidated financial statements.  

Acquisition of Seven Hills Wine

Acquisition of Seven Hills Winery	3 Months Ended
	Mar. 31, 2016
Acquisition of Seven Hills Winery [Abstract]
Acquisition of Seven Hills Winery	2. Acquisition of Seven Hills Winery  On January 27, 2016, one of Crimson’s wholly-owned subsidiaries entered into a purchase agreement pursuant to which Crimson’s subsidiary acquired, or has rights in, substantially all of the assets and certain liabilities with respect to the Seven Hills Winery located in Walla Walla, Washington. The acquisition provides a strategic opportunity for Crimson to expand its portfolio. The transition of the winery's operations remains subject to federal and state regulatory approvals. The ac quisition-date fair value of total consideration for the Seven Hills Winery acquisition was $7.9 million, consisting of $7. 3 million in cash, which included a working capital adjustment of $0.3 million, and $0.6 million of non-cash contingent consideration. The contingent consideration arrangement requires the Company to pay up to $0.8 million in future earn-out payments based on certain achievements of the acquired business over the 38 months following the closing of the acquisition. The Company estimated the fair value of the contingent consideration at January 27, 2016 (the acquisition date) to be $0.6 million, using a probability-weighted discounted cash flow model. This fair value measurement is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in ASC 820, Fair Value Measurement . Changes to the estimated fair value of the contingent consideration at each reporting period shall be recorded in the Company’s consolidated income statement under the line item entitled ‘ General and administrative expense ’ as an operating expense . The fair value of the contingent consideration as of March 31, 2016 was $0.6 million and during the three months ended March 31, 2016 the amount recognized in the unaudited condensed consolidated income statement related to the change in the estimated fair value of the contingent liability was immaterial.  The Seven Hills Winery acquisition was recorded during the first quarter of 2016 using the acquisition method of accounting as prescribed under ASC 805, Business Combinations . Accordingly, assets acquired and liabilities assumed were recorded at their fair values estimated by management as of January 27, 2016. The Company is in the process of finalizing fair value measurements of certain assets; thus, the measurements are subject to change.  The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands):     Accounts receivable $ 232  Inventory 4,229  Property, plant and equipment 2,927  Intangible assets 600  Total assets 7,988  Accounts payable and accruals 201  Total liabilities 201  Net assets acquired 7,787  Goodwill 143  Total purchase price $ 7,930  The fair value of accounts receivable acquired of $0.2 million is equal to the gross contractual amount due, as the Company expects all amounts to be collectible. Adjustments to record the assets acquired and liabilities assumed at fair value include the recognition of $ 0.6 million of intangible assets as follows (in thousands, except estimated life information):    Amount Estimated Life  Tradename $ 500 15 years  Distributor and customer relationships 100 10 years  As described in Note 11 “Business Segment Information,” based on the nature of the Company’s business, revenue generating assets are utilized across segments. Therefore, goodwill recognized has not been allocated to any particular segment of the Company. To date, the Company recognized $0.1 million of acquisition related costs that were expensed in the current period. These costs are included in the unaudited condensed consolidated income statement under the line item entitled ‘General and administrative expense.’ The Company’s results for the three months ended March 31, 2016 include the results of Seven Hills Winery for the period since the date of acquisition. The amount of revenue and net loss included in the Company’s unaudited condensed consolidated income statement from the acquisition date to the period ended March 31, 2016 was $0.5 million and $0.1 million, respectively. Pro forma financial statements are not presented as they are not material to the Company’s overall financial statements.

Inventory

Inventory	3 Months Ended
	Mar. 31, 2016
Inventory [Abstract]
Inventory	3. Inventory  A summary of inventory at March 31, 2016 and December 31, 2015 is as follows (in thousands):      March 31, 2016 December 31, 2015  Case wine $ 28,924 $ 30,997  In-process wine 28,251 24,306  Packaging and bottling supplies 769 333  Total inventory $ 57,944 $ 55,636  

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2016
Property and Equipment [Abstract]
Property and Equipment	4 . Property and Equipment  A summary of property and equipment at March 31, 2016 and December 31, 2015, and depreciation expense for the three months ended March 31, 2016 and 2015, is as follows (in thousands):     Depreciable Lives  (in years) March 31, 2016 December 31, 2015  Land and improvements N/A $ 44,947 $ 41,573  Buildings and improvements 20 -40 50,794 48,770  Vineyards and improvements 7 -25 36,572 35,792  Winery and vineyard equipment 3 -25 30,493 29,766  Caves 20 -40 5,638 5,638  Vineyards under development N/A 1,562 2,001  Construction in progress N/A 413 195  Total 170,419 163,735  Accumulated depreciation and amortization (53,580) (52,100)  Property and equipment, net $ 116,839 $ 111,635   Three Months Ended March 31,  2016 2015  Depreciation expense  Capitalized into inventory 1,269 1,185  Expensed to general and administrative 372 268  Total depreciation $ 1,641 $ 1,453 

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2016
Financial Instruments [Abstract]
Financial Instruments	5 . Financial Instruments  The Company’s material financial instruments include cash and cash equivalents and investments classified as available for sale . I nvestments classified as available for sale are the only assets or liabilities that are measured at fair value on a recurring basis. All of the Company’s investments mature within three years or less.  The par value, amortized cost, gross unrealized gains and losses and estimated fair value of investments classified as available for sale as of March 31, 2016 and December 31, 2015 are as follows (in thousands):     March 31, 2016 Par Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Level 1 Level 2 Total Fair Value Measurements  U.S. Treasury Note $ 10,000 $ 10,000 $ 26 $ - $ 10,026 $ - $ 10,026  Certificates of Deposit 15,750 15,750 45 (1) - 15,794 15,794  Total $ 25,750 $ 25,750 $ 71 $ (1) $ 10,026 $ 15,794 $ 25,820   December 31, 2015  U.S. Treasury Note $ 10,000 $ 10,000 $ - $ (45) $ 9,955 $ - $ 9,955  Certificates of Deposit 15,500 15,500 4 (36) - 15,468 15,468  Total $ 25,500 $ 25,500 $ 4 $ (81) $ 9,955 $ 15,468 $ 25,423  The Company believes the gross unrealized losses as of March 31, 2016 are temporary as it does not intend to sell these securities and it is more likely than not that the Company will not be required to sell these securities before the recovery of their amortized cost basis.  As of March 31, 2016 and December 31, 2015 , other than the assets and liabilities related to the Seven Hills Winery acquisition (see Note 2), the Company did not have any assets or liabilities measured at fair value on a nonrecurring basis. For cash and cash equivalents, the carrying amounts of such financial instruments approximate their fair values . For short-term and long-term debt, the carrying amounts of such financial instruments approximate their fair values. The Company has estimated the fair value of its short-term and long-term debt based upon Level 3 inputs, such as the terms that management believes would currently be available to the Company for similar issues of debt, taking into account the current credit risk of the Company and other factors.  The Company does not invest in any derivatives or engage in any hedging activities.

Intangible and Other Non-Curren

Intangible and Other Non-Current Assets	3 Months Ended
	Mar. 31, 2016
Intangible and Other Non-Current Assets [Abstract]
Intangible and Other Non-Current Assets	6. Intangible and Other Non-Current Assets  A summary of intangible and other non-current assets at March 31, 2016 and December 31, 2015 , and amortization expense for the three months ended March 31, 2016 and 2015, is as follows is as follows (in thousands):      Amortizable Lives (in years) March 31, 2016 December 31, 2015  Brand, net of accumulated amortization of $4,982 and $4,717 15 - 17 $ 13,018 $ 12,783  Distributor relationships, net of accumulated amortization of $899 and $851 10 - 14 1,801 1,749  Customer relationships, net of accumulated amortization of $1,311 and $1,243 7 589 657  Legacy permits, net of accumulated amortization of $86 and $82 14 164 168  Trademark, net of accumulated amortization of $76 and $74 20 124 126  Total intangible assets, net $ 15,696 $ 15,483  Other non-current assets 269 411  Total intangible and other non-current assets $ 15,965 $ 15,894   Three Months Ended March 31,  Amortization expense 2016 2015  Total amortization expense $ 387 $ 379  The estimated aggregate future amortization as of March 31, 2016 is identified below (in thousands):     Years Remaining Amortization  2016 $ 1,168  2017 1,557  2018 1,402  2019 1,286  2020 1,286  Thereafter 8,997  Total $ 15,696  

Other Accrued Expenses

Other Accrued Expenses	3 Months Ended
	Mar. 31, 2016
Other Accrued Expenses [Abstract]
Other Accrued Expenses	7. Other Accrued Expenses  Other accrued expenses consisted of the following as of March 31, 2016 and December 31, 2015 (in thousands):      March 31, 2016 December 31, 2015  Depletion allowance $ 811 $ 977  Production and farming 217 768  Sales and marketing 114 253  Professional fees 353 83  Contingent liability related to Seven Hills Winery 617 -  Accrued interest 226 114  Other accrued expenses 368 389  Total other accrued expenses $ 2,706 $ 2,584 

Debt

Debt	3 Months Ended
	Mar. 31, 2016
Debt [Abstract]
Debt	8. Debt Revolving Credit Facility In March 2013, Crimson and its subsidiaries entered into a $60.0 million revolving credit facility with American AgCredit, FLCA, as agent for the lenders identified in the revolving credit facility, comprised of a revolving loan facility and a term revolving loan facility, which together is secured by substantially all of Crimson’s assets. The revolving credit facility is for up to $10.0 million of availability in the aggregate for a five year term, and the term revolving credit facility is for up to $50.0 million in the aggregate for a fifteen year term. All obligations of Crimson under the revolving credit facility are collateralized by certain real property, including vineyards and certain winery facilities of Crimson, accounts receivable, inventory and intangible assets. In addition to unused line fees ranging from 0.25% to 0.375% , rates for the borrowings are priced based on a performance grid tied to certain financial ratios and the London Interbank Offered Rate. Effective October 1, 2015, the unused line fees range from 0.15% to 0.25% . The revolving credit facility can be used to fund acquisitions, capital projects and other general corporate purposes. Covenants include the maintenance of specified debt and equity ratios, limitations on the incurrence of additional indebtedness, limitations on dividends and other distributions to shareholders and restrictions on certain mergers, consolidations and sales of assets. No amounts have been borrowed under the revolving credit facility to date. Term Loan On November 10, 2015, Pine Ridge Winery, LLC (“Borrower”), a wholly-owned subsidiary of Crimson , entered into a senior secured term loan agreement (the “term loan”) with American AgCredit, FLCA (“Lender”) for an aggregate principal amount of $16.0 million. Amounts outstanding under the term loan will bear a fixed interest rate of 5.24% per annum. The term loan will mature on October 1, 2040 (the “Maturity Date”). On the first day of each January, April, July and October, commencing January 1, 2016, a principal payment in the amount of $160,000 and an interest payment equal to the amount of all interest accrued through the previous day shall be made. A final payment of all unpaid principal, interest and any other charges with respect to the term loan shall be due and payable on the Maturity Date. The Company incurred debt issuance costs of approximately $0.1 million related to this term loan. These costs are recorded as a reduction from short-term or long-term debt, based on the timeframe in which the fees will be expensed (i.e. – expensed within 12-months shall be classified against short-term debt). The costs are being amortized to interest expense using the effective interest method over the contractual term of the loan. Borrower’s obligations under the term loan are guaranteed by the Company. All obligations of Borrower under the term loan are collateralized by certain real property of the Company. Borrower’s covenants include the maintenance of a specified debt service coverage ratio and certain customary affirmative and negative covenants, including limitations on the incurrence of additional indebtedness; limitations on distributions to shareholders; and restrictions on certain investments, sale of assets and merging or consolidating with other persons. The full $16.0 million was drawn at closing and the term loan can be used to fund acquisitions, capital projects and other general corporate purposes. As of March 31, 2016, $15.8 million in principal was outstanding, net of unamortized loan fees of $0.1 million. The Company was in compliance with all debt covenants as of March 31, 2016. 

Stockholders_ Equity

Stockholders’ Equity	3 Months Ended
	Mar. 31, 2016
Stockholders’ Equity [Abstract]
Stockholders' Equity	9. Stockholders’ Equity In March 2014, the Board of Directors of the Company authorized a share repurchase program that provides for the repurchase of up to $2.0 million of outstanding common stock. Under the share repurchase program, any repurchased shares are constructively retired. During the three months ended March 31, 2016, the Company repurchased 76,710 shares which were constructively retired at an original repurchase cost of $0.6 million , and o n February 29, 2016 the r epurchase program was completed. Under the total program the Company repurchased 228,522 shares which were constructively retired at an original repurchase cost of $2.0 million.  In March 2016, the Board of Directors of the Company authorized a second share repurchase program that provides for the repurchase of up to $2.0 million of outstanding common stock. Under the share repurchase program, any repurchased shares are constructively retired. During the three months ended and as of March 31, 2016, the Company repurchased 30,404 shares which were constructively retired at an original repurchase cost of $0.3 million. Through May 6, 2016, the Company had repurchased 68,372 shares which were constructively retired at an original repurchase price of $0.6 million. 

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Taxes [Abstract]
Income Taxes	10 . Income Taxes The Company’s effective tax rates for the three months ended March 31, 2016 and 2015 were 37.7% and 44.2% , respectively. The consolidated income tax expense for the three months ended March 31, 2016, and 2015, was determined based upon estimates of the Company’s consolidated effective income tax rates for the years ending December 31, 2016 and 2015, respectively. The difference between the consolidated effective income tax rate and the U.S. federal statutory rate is primarily attributable to foreign income taxes, state income taxes and the effect of certain permanent differences.  The Company does not have any amounts in its consolidated balance sheet for unrecognized tax benefits related to uncertain tax positions at March 31, 2016 and December 31, 2015.

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2016
Business Segment Information [Abstract]
Business Segment Information	11. Business Segment Information The Company has identified two operating segments which are reportable segments for financial statement reporting purposes, Wholesale Sales and Direct to Consumer Sales, based upon their different distribution channels, margins and selling strategies. Wholesale Sales includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales and other sales made directly to the consumer without the use of an intermediary. The two segments reflect how the Company's operations are evaluated by senior management and the structure of its internal financial reporting. The Company evaluates performance based on the gross profit of the respective business segments. Selling expenses that can be directly attributable to the segment are allocated accordingly. However, centralized selling expenses and general and administrative expenses are not allocated between operating segments. Therefore, net income information for the respective segments is not available. Based on the nature of the Company’s business, revenue generating assets are utilized across segments. Therefore, discrete financial information related to segment assets and other balance sheet data is not available and that information continues to be aggregated. The following table outlines the net sales, cost of sales, gross profit, directly attributable selling expenses and operating income for the Company’s reportable segments for the three months ended March 31, 2016 and 2015, and also includes a reconciliation of consolidated income (loss) from operations. Other/Non-allocable net sales and gross profit include bulk wine and grape sales, event fees and retail sales. Other/Non-allocable expenses include centralized corporate expenses not specific to an identified reporting segment. Sales figures are net of related excise taxes.     Three Months Ended March 31,  Wholesale Direct to Consumer Other/Non-Allocable Total  (in thousands) 2016 2015 2016 2015 2016 2015 2016 2015  Net sales $ 9,943 $ 8,373 $ 4,693 $ 4,740 $ 918 $ 604 $ 15,554 $ 13,717  Cost of sales 5,591 4,270 1,430 1,361 878 405 7,899 6,036  Gross profit 4,352 4,103 3,263 3,379 40 199 7,655 7,681  Operating expenses:  Sales and marketing 1,673 1,396 1,442 1,131 842 648 3,957 3,175  General and administrative - - - - 3,171 2,573 3,171 2,573  Total operating expenses 1,673 1,396 1,442 1,131 4,013 3,221 7,128 5,748  Net gain on disposal of property and equipment - - - - (6) (17) (6) (17)  Income (loss) from operations $ 2,679 $ 2,707 $ 1,821 $ 2,248 $ (3,967) $ (3,005) $ 533 $ 1,950   

Background and Basis of Prese18

Background and Basis of Presentation (Policy)	3 Months Ended
	Mar. 31, 2016
Background and Basis of Presentation [Abstract]
Financial Statement Preparation	Financial Statement Preparation  The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. The unaudited interim condensed consolidated financial statements, which reflect all adjustments (consisting of normal recurring items or items discussed herein) that management believes necessary to fairly state results of interim operations, should be read in conjunction with the Notes to Consolidated Financial Statements (including the Significant Accounting Policies and Recent Accounting Pronouncements) included in the Company’s audited consolidated financial statements for the year ended December 31, 2015, as filed with the SEC on Form 10-K (the “2015 Report”). Results of operations for interim periods are not necessarily indicative of annual results of operations. The unaudited condensed consolidated balance sheet at December 31, 2015 was extracted from the audited annual financial statements and does not include all disclosures required by GAAP for annual financial statements.
Significant Accounting Policies	Significant Accounting Policies  There were no changes to the Company’s significant accounting policies during the three months ended March 31, 2016. See Note 3 to the 2015 Report for a description of the Company’s significant accounting policies.
Recent Accounting Pronouncements	Recent Accounting Pronouncements  The following table provides a brief description of recent accounting pronouncements issued by the Financial Accounting Standards Board (“FASB”) subsequent to the filing of the 2015 Report that could have a material effect on Crimson’s financial statements. The following table also provides a brief description of recent accounting pronouncements adopted during the three months ended March 31, 2016:    Standard Description Date of adoption Effect on the financial statements or other significant matters   Standards that are not yet adopted  Accounting Standard Update ("ASU") 2016-08, Revenue from Contracts with Customers (Topic 606) In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which is guidance outlining a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers that supersedes most current revenue recognition guidance. ASU 2016-08 amends the principal-versus-agent implementation guidance set forth in ASU 2014-09. Among other things, ASU 2016-08 clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. January 1, 2018, early adoption is permitted for the Company beginning on January 1, 2017. Management is currently evaluating the potential impact of this guidance on the Company’s consolidated financial statements.  ASU 2016-10, Revenue from Contracts with Customers (Topic 606) Amends certain aspects of ASU 2014-09 related to identifying performance obligations and licensing implementation. January 1, 2018, early adoption is permitted for the Company beginning on January 1, 2017. Management is currently evaluating the potential impact of this guidance on the Company’s consolidated financial statements.  Standards that were adopted  ASU 2015-16, Business Combinations (Topic 805) The standard eliminates the requirement for retrospective treatment of measurement-period adjustments in a business combination. Instead, a measurement-period adjustment will be recognized in the period in which the adjustment is determined. January 1, 2016 The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. 

Acquisition of Seven Hills Wi19

Acquisition of Seven Hills Winery (Tables)	3 Months Ended
	Mar. 31, 2016
Acquisition of Seven Hills Winery [Abstract]
Summary of Assets Acquired and Liabilities Assumed	  Accounts receivable $ 232  Inventory 4,229  Property, plant and equipment 2,927  Intangible assets 600  Total assets 7,988  Accounts payable and accruals 201  Total liabilities 201  Net assets acquired 7,787  Goodwill 143  Total purchase price $ 7,930 
Schedule of Intangible Assets Acquired	  Amount Estimated Life  Tradename $ 500 15 years  Distributor and customer relationships 100 10 years 

Inventory (Tables)

Inventory (Tables)	3 Months Ended
	Mar. 31, 2016
Inventory [Abstract]
Summary Of Inventory	  March 31, 2016 December 31, 2015  Case wine $ 28,924 $ 30,997  In-process wine 28,251 24,306  Packaging and bottling supplies 769 333  Total inventory $ 57,944 $ 55,636 

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property and Equipment [Abstract]
Summary Of Property And Equipment	  Depreciable Lives  (in years) March 31, 2016 December 31, 2015  Land and improvements N/A $ 44,947 $ 41,573  Buildings and improvements 20 -40 50,794 48,770  Vineyards and improvements 7 -25 36,572 35,792  Winery and vineyard equipment 3 -25 30,493 29,766  Caves 20 -40 5,638 5,638  Vineyards under development N/A 1,562 2,001  Construction in progress N/A 413 195  Total 170,419 163,735  Accumulated depreciation and amortization (53,580) (52,100)  Property and equipment, net $ 116,839 $ 111,635   Three Months Ended March 31,  2016 2015  Depreciation expense  Capitalized into inventory 1,269 1,185  Expensed to general and administrative 372 268  Total depreciation $ 1,641 $ 1,453 

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Financial Instruments [Abstract]
Schedule Of Available For Sale Securities	   March 31, 2016 Par Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Level 1 Level 2 Total Fair Value Measurements  U.S. Treasury Note $ 10,000 $ 10,000 $ 26 $ - $ 10,026 $ - $ 10,026  Certificates of Deposit 15,750 15,750 45 (1) - 15,794 15,794  Total $ 25,750 $ 25,750 $ 71 $ (1) $ 10,026 $ 15,794 $ 25,820   December 31, 2015  U.S. Treasury Note $ 10,000 $ 10,000 $ - $ (45) $ 9,955 $ - $ 9,955  Certificates of Deposit 15,500 15,500 4 (36) - 15,468 15,468  Total $ 25,500 $ 25,500 $ 4 $ (81) $ 9,955 $ 15,468 $ 25,423 

Intangible and Other Non-Curr23

Intangible and Other Non-Current Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Intangible and Other Non-Current Assets [Abstract]
Summary Of Intangible Assets	   Amortizable Lives (in years) March 31, 2016 December 31, 2015  Brand, net of accumulated amortization of $4,982 and $4,717 15 - 17 $ 13,018 $ 12,783  Distributor relationships, net of accumulated amortization of $899 and $851 10 - 14 1,801 1,749  Customer relationships, net of accumulated amortization of $1,311 and $1,243 7 589 657  Legacy permits, net of accumulated amortization of $86 and $82 14 164 168  Trademark, net of accumulated amortization of $76 and $74 20 124 126  Total intangible assets, net $ 15,696 $ 15,483  Other non-current assets 269 411  Total intangible and other non-current assets $ 15,965 $ 15,894   Three Months Ended March 31,  Amortization expense 2016 2015  Total amortization expense $ 387 $ 379 
Amortization expense for Intangible Assets	  Years Remaining Amortization  2016 $ 1,168  2017 1,557  2018 1,402  2019 1,286  2020 1,286  Thereafter 8,997  Total $ 15,696 

Other Accrued Expenses (Tables)

Other Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Other Accrued Expenses [Abstract]
Schedule of other accrued expenses	   March 31, 2016 December 31, 2015  Depletion allowance $ 811 $ 977  Production and farming 217 768  Sales and marketing 114 253  Professional fees 353 83  Contingent liability related to Seven Hills Winery 617 -  Accrued interest 226 114  Other accrued expenses 368 389  Total other accrued expenses $ 2,706 $ 2,584 

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Business Segment Information [Abstract]
Schedule Of Segment Reporting	  Three Months Ended March 31,  Wholesale Direct to Consumer Other/Non-Allocable Total  (in thousands) 2016 2015 2016 2015 2016 2015 2016 2015  Net sales $ 9,943 $ 8,373 $ 4,693 $ 4,740 $ 918 $ 604 $ 15,554 $ 13,717  Cost of sales 5,591 4,270 1,430 1,361 878 405 7,899 6,036  Gross profit 4,352 4,103 3,263 3,379 40 199 7,655 7,681  Operating expenses:  Sales and marketing 1,673 1,396 1,442 1,131 842 648 3,957 3,175  General and administrative - - - - 3,171 2,573 3,171 2,573  Total operating expenses 1,673 1,396 1,442 1,131 4,013 3,221 7,128 5,748  Net gain on disposal of property and equipment - - - - (6) (17) (6) (17)  Income (loss) from operations $ 2,679 $ 2,707 $ 1,821 $ 2,248 $ (3,967) $ (3,005) $ 533 $ 1,950  

Background and Basis of Prese26

Background and Basis of Presentation (Narrative) (Details)	3 Months Ended
	Mar. 31, 2016item
Background and Basis of Presentation [Abstract]
Price per bottle. low range	14
Price per bottle. mid range	25
Price per bottle. high range	25
Number of wineries owned	4

Acquisition of Seven Hills Wi27

Acquisition of Seven Hills Winery (Narrative) (Details) $ in Thousands	Jan. 27, 2016USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2016USD ($)item	Mar. 31, 2015USD ($)
Number of wholly-owned subsidiaries | item			1
Cash purchase price			$ 7,320
Contingent consideration		$ 617	617
Acquisition related costs		100	100
Revenues		500	15,554	$ 13,717
Net loss		100	231	$ 1,074
Seven Hills Winery [Member]
Total purchase price	$ 7,930
Cash purchase price	7,300
Working capital adjustment	300
Contingent consideration	600	$ 600	$ 600
Future earn-out payment	$ 800
Period in which certain achievements affect the future earn-out payment	38 months
Accounts receivable	$ 232
Intangible assets	$ 600

Acquisition of Seven Hills Wi28

Acquisition of Seven Hills Winery (Summary of Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Jan. 27, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 1,196		$ 1,053
Seven Hills Winery [Member]
Business Acquisition [Line Items]
Accounts receivable		$ 232
Inventory		4,229
Property, plant and equipment, net		2,927
Intangible assets		600
Total assets		7,988
Accounts payable and accruals		201
Total liabilities		201
Net assets acquired		7,787
Goodwill		143
Total purchase price		$ 7,930

Acquisition of Seven Hills Wi29

Acquisition of Seven Hills Winery (Schedule of Intangible Assets Acquired) (Details) - Seven Hills Winery [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Tradename [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 500
Estimated Life	15 years
Distributor Relationships[Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 100
Estimated Life	10 years

Inventory (Summary Of Inventory

Inventory (Summary Of Inventory) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Inventory [Abstract]
Case wine	$ 28,924	$ 30,997
In-process wine	28,251	24,306
Packaging and bottling supplies	769	333
Total inventory	$ 57,944	$ 55,636

Property and Equipment (Summary

Property and Equipment (Summary Of Property And Equipment) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 170,419		$ 163,735
Accumulated depreciation and amortization	(53,580)		(52,100)
Property and equipment, net	116,839		111,635
Depreciation capitalized into inventory	1,269	$ 1,185
Depreciation expensed to General and Administrative	372	268
Total Depreciation	1,641	$ 1,453
Land And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	44,947		41,573
Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	50,794		48,770
Vineyards And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	36,572		35,792
Winery And Vineyard Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	30,493		29,766
Caves [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,638		5,638
Vineyards Under Development [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,562		2,001
Construction In Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 413		$ 195
Minimum [Member] | Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	20 years		20 years
Minimum [Member] | Vineyards And Improvements [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	7 years		7 years
Minimum [Member] | Winery And Vineyard Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	3 years		3 years
Minimum [Member] | Caves [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	20 years		20 years
Maximum [Member] | Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	40 years		40 years
Maximum [Member] | Vineyards And Improvements [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	25 years		25 years
Maximum [Member] | Winery And Vineyard Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	25 years		25 years
Maximum [Member] | Caves [Member]
Property, Plant and Equipment [Line Items]
Depreciable Lives	40 years		40 years

Financial Instruments (Narrativ

Financial Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 0	$ 0
Liabilities measured at fair value	$ 0	$ 0
Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment maturity period	3 years

Financial Instruments (Schedule

Financial Instruments (Schedule Of Available For Sale Securities) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Par Value	$ 25,750	$ 25,500
Amortized Cost	25,750	25,500
Gross Unrealized Gains	71	4
Gross Unrealized Losses	(1)	(81)
Total Fair Value Measurements	25,820	25,423
Level 1 [Member]
Schedule of Available-for-sale Securities [Line Items]
Total Fair Value Measurements	10,026	9,955
Level 2 [Member]
Schedule of Available-for-sale Securities [Line Items]
Total Fair Value Measurements	15,794	15,468
U.S. Treasury Note [Member]
Schedule of Available-for-sale Securities [Line Items]
Par Value	10,000	10,000
Amortized Cost	10,000	10,000
Gross Unrealized Gains	26
Gross Unrealized Losses		(45)
Total Fair Value Measurements	10,026	9,955
U.S. Treasury Note [Member] | Level 1 [Member]
Schedule of Available-for-sale Securities [Line Items]
Total Fair Value Measurements	10,026	9,955
Certificates Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Par Value	15,750	15,500
Amortized Cost	15,750	15,500
Gross Unrealized Gains	45	4
Gross Unrealized Losses	(1)	(36)
Total Fair Value Measurements	15,794	15,468
Certificates Of Deposit [Member] | Level 2 [Member]
Schedule of Available-for-sale Securities [Line Items]
Total Fair Value Measurements	$ 15,794	$ 15,468

Intangible and Other Non-Curr34

Intangible and Other Non-Current Assets (Summary Of Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, net	$ 15,696		$ 15,483
Other non-current assets	269		411
Total intangible and other non-current assets	15,965		15,894
Amortization expense	387	$ 379
Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, net	13,018		12,783
Accumulated amortization	$ 4,982		4,717
Brand [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	15 years
Brand [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	17 years
Distributor Relationships[Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, net	$ 1,801		1,749
Accumulated amortization	$ 899		851
Distributor Relationships[Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	10 years
Distributor Relationships[Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	14 years
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	7 years
Total intangible assets, net	$ 589		657
Accumulated amortization	$ 1,311		1,243
Legacy Permits [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	14 years
Total intangible assets, net	$ 164		168
Accumulated amortization	$ 86		82
Trademark [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Lives	20 years
Total intangible assets, net	$ 124		126
Accumulated amortization	$ 76		$ 74

Intangible and Other Non-Curr35

Intangible and Other Non-Current Assets (Amortization expense for Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Intangible and Other Non-Current Assets [Abstract]
2,016	$ 1,168
2,017	1,557
2,018	1,402
2,019	1,286
2,020	1,286
Thereafter	8,997
Total intangible assets, net	$ 15,696	$ 15,483

Other Accrued Expenses (Schedul

Other Accrued Expenses (Schedule of other accrued expenses) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Other Accrued Expenses [Abstract]
Depletion allowance	$ 811	$ 977
Production and farming	217	768
Sales and marketing	114	253
Professional fees	353	83
Contingent liability related to Seven Hills Winery	617
Accrued interest	226	114
Other accrued expenses	368	389
Total other accrued expenses	$ 2,706	$ 2,584

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($)	3 Months Ended	31 Months Ended
	Mar. 31, 2016	Sep. 30, 2015	Nov. 10, 2015	Mar. 31, 2013
Line of Credit Facility [Line Items]
Unamortized loan fees	$ 2,000
American AgCredit (FLCA) [Member] | Secured Debt [Member]
Line of Credit Facility [Line Items]
Principle amount	$ 15,800,000		$ 16,000,000
Fixed interest rate			5.24%
Maturity date	Oct. 1, 2040
Principle payment	$ 160,000
Debt issuance cost	100,000
Unamortized loan fees	100,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility borrowing capacity	$ 10,000,000
Credit facility term	5 years
Revolving Credit Facility [Member] | American AgCredit (FLCA) [Member]
Line of Credit Facility [Line Items]
Credit facility borrowing capacity				$ 60,000,000
Borrowed amount	$ 0
Term Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility borrowing capacity	$ 50,000,000
Credit facility term	15 years
Minimum [Member]
Line of Credit Facility [Line Items]
Unused line fee	0.15%	0.25%
Maximum [Member]
Line of Credit Facility [Line Items]
Unused line fee	0.25%	0.375%

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - USD ($) $ in Millions	Feb. 26, 2016	May. 06, 2016	Mar. 31, 2016	Mar. 31, 2014
March 2014 Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Share repurchase program amount authorized				$ 2
repurchased shares retired	228,522		76,710
Shares retired repurchase cost	$ 2		$ 0.6
March 2016 Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Share repurchase program amount authorized			$ 2
repurchased shares retired			30,404
Shares retired repurchase cost			$ 0.3
Subsequent Event [Member] | March 2016 Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
repurchased shares retired		68,372
Shares retired repurchase cost		$ 0.6

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Taxes [Abstract]
Effective tax rate	37.70%	44.20%

Business Segment Information (N

Business Segment Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2016segment
Business Segment Information [Abstract]
Number of Operating Segments	2

Business Segment Information (S

Business Segment Information (Schedule Of Segment Reporting) (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Net sales	$ 500	$ 15,554	$ 13,717
Cost of sales		7,899	6,036
Gross profit (loss)		7,655	7,681
Sales and marketing		3,957	3,175
General and administrative		3,171	2,573
Total operating expense		7,128	5,748
Net gain on disposal of property and equipment		(6)	(17)
Income (loss) from operations		533	1,950
Operating Segments [Member] | Wholesale [Member]
Segment Reporting Information [Line Items]
Net sales		9,943	8,373
Cost of sales		5,591	4,270
Gross profit (loss)		4,352	4,103
Sales and marketing		1,673	1,396
Total operating expense		1,673	1,396
Income (loss) from operations		2,679	2,707
Operating Segments [Member] | Direct to Consumer [Member]
Segment Reporting Information [Line Items]
Net sales		4,693	4,740
Cost of sales		1,430	1,361
Gross profit (loss)		3,263	3,379
Sales and marketing		1,442	1,131
Total operating expense		1,442	1,131
Income (loss) from operations		1,821	2,248
Operating Segments [Member] | Other/Non-Allocable [Member]
Segment Reporting Information [Line Items]
Net sales		918	604
Cost of sales		878	405
Gross profit (loss)		40	199
Sales and marketing		842	648
General and administrative		3,171	2,573
Total operating expense		4,013	3,221
Net gain on disposal of property and equipment		(6)	(17)
Income (loss) from operations		$ (3,967)	$ (3,005)