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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 138,218 $ 20,390
Restricted cash 398 18,651
Accounts receivable, less allowance for doubtful accounts of $4,883 in 2012; $4,799 in 2011 208,877 167,640
Inventories (Note 2) 776,677 760,459
Commodity derivative assets – current 103,105 83,950
Deferred income taxes 15,862 21,483
Other current assets 54,016 34,649
Total current assets 1,297,153 1,107,222
Other assets:    
Commodity derivative assets – noncurrent 1,906 2,289
Other assets, net 105,129 53,327
Equity method investments 190,908 199,061
Investments and Other Noncurrent Assets 297,943 254,677
Railcar assets leased to others, net (Note 3) 228,330 197,137
Property, plant and equipment, net (Note 3) 358,878 175,087
Total assets 2,182,304 1,734,123
Current liabilities:    
Borrowings under short-term line of credit 24,219 71,500
Accounts payable for grain 584,171 391,905
Other accounts payable 169,867 142,762
Customer prepayments and deferred revenue 99,164 79,557
Commodity derivative liabilities – current 33,277 15,874
Accrued expenses and other current liabilities 66,964 60,445
Current maturities of long-term debt (Note 10) 15,145 32,208
Total current liabilities 992,807 794,251
Other long-term liabilities 18,406 43,014
Commodity derivative liabilities – noncurrent 1,134 1,519
Employee benefit plan obligations 53,131 52,972
Long-term debt, less current maturities (Note 10) 427,243 238,885
Deferred income taxes 78,138 64,640
Total liabilities 1,570,859 1,195,281
Commitments and contingencies (Note 11)      
Shareholders’ equity:    
Common shares, without par value (42,000 shares authorized; 19,198 shares issued) 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 181,627 179,463
Treasury shares, at cost (554 in 2012; 697 in 2011) (12,559) (14,997)
Accumulated other comprehensive loss (45,379) (43,090)
Retained earnings 470,628 402,523
Total shareholders’ equity of The Andersons, Inc. 594,413 523,995
Noncontrolling interests 17,032 14,847
Total equity 611,445 538,842
Total liabilities and equity $ 2,182,304 $ 1,734,123