Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

The computation of basic and diluted earnings per share is as follows:



(in thousands except per common share data)	Year ended December 31,
(in thousands except per common share data)	2012		2011		2010
Net income attributable to The Andersons, Inc.	$	79,480	$	95,106	$	64,662
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	389		369		204
Earnings available to common shareholders	$	79,091	$	94,737	$	64,458
Earnings per share – basic:
Weighted average shares outstanding – basic	18,523		18,457		18,356
Earnings per common share – basic	$	4.27	$	5.13	$	3.51
Earnings per share – diluted:
Weighted average shares outstanding – basic	18,523		18,457		18,356
Effect of dilutive awards	170		162		151
Weighted average shares outstanding – diluted	18,693		18,619		18,507
Earnings per common share – diluted	$	4.23	$	5.09	$	3.48