Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Earnings per share

(in thousands except per common share data)	Three months ended June 30,				Six months ended June 30,
	2012		2011		2012		2011
Net income attributable to The Andersons, Inc.	$	29,199	$	45,218	$	47,606	$	62,484
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	146		205		179		235
Earnings available to common shareholders	$	29,053	$	45,013	$	47,427	$	62,249
Earnings per share – basic:
Weighted average shares outstanding – basic	18,541		18,485		18,522		18,469
Earnings per common share – basic	$	1.57	$	2.44	$	2.56	$	3.37
Earnings per share – diluted:
Weighted average shares outstanding – basic	18,541		18,485		18,522		18,469
Effect of dilutive awards	132		134		166		168
Weighted average shares outstanding – diluted	18,673		18,619		18,688		18,637
Earnings per common share – diluted	$	1.56	$	2.42	$	2.54	$	3.34