XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Sales and merchandising revenues $ 1,566,964 $ 1,315,834 $ 2,838,934 $ 2,452,967
Cost of sales and merchandising revenues 1,463,735 1,213,184 2,656,432 2,264,447
Gross profit 103,229 102,650 182,502 188,520
Operating, administrative and general expenses 61,464 59,210 123,472 119,310
Interest expense 4,855 5,380 11,259 10,710
Other income:        
Equity in earnings (loss) of affiliates 10,010 5,096 17,814 9,379
Other income, net 1,292 2,671 4,018 5,917
Income before income taxes 48,212 45,827 69,603 73,796
Income tax provision 17,480 17,356 26,559 27,597
Net income 30,732 28,471 43,044 46,199
Net income (loss) attributable to the noncontrolling interests 1,193 (728) 927 (1,407)
Net income attributable to The Andersons, Inc. $ 29,539 $ 29,199 $ 42,117 $ 47,606
Per common share:        
Basic earnings attributable to The Andersons, Inc. common shareholders (dollars per share) $ 1.58 $ 1.57 $ 2.25 $ 2.56
Diluted earnings attributable to The Andersons, Inc. common shareholders (dollars per share) $ 1.57 $ 1.56 $ 2.24 $ 2.54
Dividends paid (dollars per share) $ 0.16 $ 0.15 $ 0.32 $ 0.30