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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Current assets:      
Cash and cash equivalents $ 23,930 $ 20,390 $ 18,616
Restricted cash 5,644 18,651 12,572
Accounts receivable, net 205,046 167,640 240,254
Inventories 597,091 760,459 469,551
Commodity derivative assets - current 122,010 83,950 187,438
Deferred income taxes 18,784 21,483 17,710
Other current assets 38,535 34,649 30,867
Total current assets 1,011,040 1,107,222 977,008
Other assets:      
Commodity derivative assets - noncurrent 4,844 2,289 8,560
Other assets, net 70,040 53,327 46,610
Equity method investments 189,610 199,061 179,888
Investments and Other Noncurrent Assets 264,494 254,677 235,058
Railcar assets leased to others, net 252,965 197,137 178,141
Property, plant and equipment, net 266,275 175,087 153,642
Total assets 1,794,774 1,734,123 1,543,849
Current liabilities:      
Borrowings under short-term line of credit 309,608 71,500 194,200
Accounts payable for grain 129,979 391,905 80,374
Other accounts payable 148,497 142,762 164,325
Customer prepayments and deferred revenue 55,912 79,557 64,231
Commodity derivative liabilities - current 29,764 15,874 24,289
Accrued expenses and other current liabilities 51,283 60,445 51,410
Current maturities of long-term debt 29,647 32,208 45,432
Total current liabilities 754,690 794,251 624,261
Other long-term liabilities 11,546 43,014 33,757
Commodity derivative liabilities - noncurrent 454 1,519 1,850
Employee benefit plan obligations 50,437 52,972 30,835
Long-term debt, less current maturities 317,648 238,885 260,645
Deferred income taxes 70,806 64,640 68,038
Total liabilities 1,205,581 1,195,281 1,019,386
Commitments and contingencies (Note 11)         
Shareholders' equity:      
Common shares, without par value (42,000 shares authorized at 6/30/12, 12/31/11 and 6/30/11; 19,198 shares issued) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 180,535 179,463 177,266
Treasury shares (557, 697 and 629 shares at 6/30/12, 12/31/11 and 6/30/11, respectively; at cost) (12,519) (14,997) (12,214)
Accumulated other comprehensive loss (42,998) (43,090) (29,467)
Retained earnings 444,539 402,523 374,715
Total shareholders' equity of The Andersons, Inc. 569,653 523,995 510,396
Noncontrolling interest 19,540 14,847 14,067
Total equity 589,193 538,842 524,463
Total liabilities and equity $ 1,794,774 $ 1,734,123 $ 1,543,849