Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings per share

(in thousands except per common share data)	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
Net income attributable to The Andersons, Inc.	$	16,884	$	10,925	$	64,490	$	73,409
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	95		44		309		283
Earnings available to common shareholders	$	16,789	$	10,881	$	64,181	$	73,126
Earnings per share – basic:
Weighted average shares outstanding – basic	18,534		18,469		18,516		18,469
Earnings per common share – basic	$	0.91	$	0.59	$	3.47	$	3.96
Earnings per share – diluted:
Weighted average shares outstanding – basic	18,534		18,469		18,516		18,469
Effect of dilutive awards	114		118		171		166
Weighted average shares outstanding – diluted	18,648		18,587		18,687		18,635
Earnings per common share – diluted	$	0.90	$	0.59	$	3.43	$	3.92