XML 22 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 63,750,000 $ 114,704,000
Restricted cash 451,000 429,000
Accounts receivable, less allowance for doubtful accounts of $6,938 in 2015; $4,644 in 2014 170,912,000 183,059,000
Inventories 747,399,000 795,655,000
Commodity derivative assets – current 49,826,000 92,771,000
Deferred income taxes 6,772,000 7,337,000
Other current assets 90,412,000 60,492,000
Total current assets 1,129,522,000 1,254,447,000
Other assets:    
Commodity derivative assets – noncurrent 412,000 507,000
Goodwill 63,934,000 72,365,000
Other intangible assets, net 120,240,000 66,542,000
Other assets, net 9,515,000 34,751,000
Equity method investments 242,107,000 226,857,000
Investments and Other Noncurrent Assets 436,208,000 401,022,000
Rail Group assets leased to others, net 338,111,000 297,747,000
Property, plant and equipment, net 455,260,000 411,476,000
Total assets 2,359,101,000 2,364,692,000
Current liabilities:    
Short-term debt 16,990,000 2,166,000
Trade and other payables 668,788,000 706,823,000
Customer prepayments and deferred revenue 66,762,000 99,617,000
Commodity derivative liabilities – current 37,387,000 64,075,000
Accrued expenses and other current liabilities 70,324,000 78,610,000
Current maturities of long-term debt 27,786,000 76,415,000
Total current liabilities 888,037,000 1,027,706,000
Other long-term liabilities 18,176,000 15,507,000
Commodity derivative liabilities – noncurrent 1,063,000 3,318,000
Employee benefit plan obligations 45,805,000 59,308,000
Long-term debt, less current maturities 436,208,000 298,638,000
Deferred income taxes 186,073,000 136,166,000
Total liabilities $ 1,575,362,000 $ 1,540,643,000
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 29,353 shares issued in 2015; 29,353 shares issued in 2014) $ 96,000 $ 96,000
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 222,848,000 222,789,000
Treasury shares, at cost (1,397 in 2015; 390 in 2014) (52,902,000) (9,743,000)
Accumulated other comprehensive loss [1] (20,939,000) (54,595,000)
Retained earnings 615,151,000 644,556,000
Total shareholders’ equity of The Andersons, Inc. 764,254,000 803,103,000
Noncontrolling interests 19,485,000 20,946,000
Total equity 783,739,000 824,049,000
Total liabilities and equity $ 2,359,101,000 $ 2,364,692,000
[1] All amounts are net of tax. Amounts in parentheses indicate debits