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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Current assets:      
Cash and cash equivalents $ 43,693 $ 309,085 $ 58,284
Restricted cash 652 408 635
Accounts receivable, net 191,972 173,930 197,842
Inventories 725,584 614,923 753,378
Commodity derivative assets – current 119,330 71,319 158,079
Deferred income taxes 9,104 4,931 15,482
Other current assets 48,214 47,188 63,350
Total current assets 1,138,549 1,221,784 1,247,050
Other assets:      
Commodity derivative assets – noncurrent 1,365 246 813
Goodwill 58,554 58,554 54,387
Other assets, net 55,974 59,456 50,148
Pension assets 15,079 14,328 0
Equity method investments 232,396 291,109 190,377
Investments and Other Noncurrent Assets 363,368 423,693 295,725
Railcar assets leased to others, net 237,534 240,621 244,706
Property, plant and equipment, net 386,132 387,458 364,307
Total assets 2,125,583 2,273,556 2,151,788
Current liabilities:      
Borrowings under short-term line of credit 226,100 0 292,100
Accounts payable for grain 183,998 592,183 183,997
Other accounts payable 177,623 154,599 182,013
Customer prepayments and deferred revenue 124,981 59,304 160,191
Commodity derivative liabilities – current 32,153 63,954 50,157
Accrued expenses and other current liabilities 56,290 70,295 52,519
Current maturities of long-term debt 90,760 51,998 43,052
Total current liabilities 891,905 992,333 964,029
Other long-term liabilities 14,749 15,386 16,898
Commodity derivative liabilities – noncurrent 734 6,644 3,220
Employee benefit plan obligations 39,989 39,477 52,927
Long-term debt, less current maturities 306,161 375,213 412,700
Deferred income taxes 128,716 120,082 77,694
Total liabilities 1,382,254 1,549,135 1,527,468
Commitments and contingencies         
Shareholders’ equity:      
Common shares, without par value (42,000 shares authorized; 28,797 shares issued) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 184,474 184,380 181,845
Treasury shares, at cost (378, 607 and 713 shares at 3/31/14, 12/31/13 and 3/31/13, respectively) (8,750) (10,222) (11,418)
Accumulated other comprehensive loss (24,157) [1] (21,181) [1] (43,277) [1]
Retained earnings 567,849 548,401 480,156
Total shareholders’ equity of The Andersons, Inc. 719,512 701,474 607,402
Noncontrolling interests 23,817 22,947 16,918
Total equity 743,329 724,421 624,320
Total liabilities and equity $ 2,125,583 $ 2,273,556 $ 2,151,788
[1] All amounts are net of tax. Amounts in parentheses indicates debits