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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Current assets:      
Cash and cash equivalents $ 31,383 $ 63,750 $ 40,773
Restricted cash 987 451 941
Accounts receivable, net 212,588 170,912 238,601
Inventories 486,236 747,399 508,408
Commodity derivative assets – current (Note 5) 115,924 49,826 39,860
Deferred income taxes 0 6,772 6,069
Other current assets 48,754 90,412 44,765
Total current assets 895,872 1,129,522 879,417
Other assets:      
Commodity derivative assets – noncurrent (Note 5) 1,934 412 2,990
Goodwill 63,934 63,934 117,859
Other intangible assets, net 113,245 120,240 126,443
Other assets, net 6,549 9,515 33,370
Equity method investments 238,478 242,107 224,380
Investments and Other Noncurrent Assets 424,140 436,208 505,042
Rail Group assets leased to others, net 340,136 338,111 330,832
Property, plant and equipment, net 447,267 455,260 437,074
Total assets 2,107,415 2,359,101 2,152,365
Current liabilities:      
Short-term debt (Note 4) 179,404 16,990 141,250
Trade and other payables 302,413 668,788 358,190
Customer prepayments and deferred revenue 18,252 66,762 25,927
Commodity derivative liabilities – current (Note 5) 43,183 37,387 42,622
Accrued expenses and other current liabilities 71,169 70,324 72,034
Current maturities of long-term debt 53,720 27,786 27,188
Total current liabilities 668,141 888,037 667,211
Other long-term liabilities 30,430 18,176 14,934
Commodity derivative liabilities – noncurrent (Note 5) 2,182 1,063 2,177
Employee benefit plan obligations 44,902 45,805 57,686
Long-term debt, less current maturities 398,746 436,208 417,279
Deferred income taxes 179,911 186,073 171,163
Total liabilities 1,324,312 1,575,362 1,330,450
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 29,430, 29,353 and 29,430 shares issued at 6/30/16, 12/31/15 and 6/30/15, respectively) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 219,489 222,848 223,802
Treasury shares, at cost (1,190, 1,397 and 1,014 shares at 6/30/16, 12/31/15 and 6/30/15, respectively) (44,970) (52,902) (38,880)
Accumulated other comprehensive loss [1] (17,094) (20,939) (55,159)
Retained earnings 606,177 615,151 671,655
Total shareholders’ equity of The Andersons, Inc. 763,698 764,254 801,514
Noncontrolling interests 19,405 19,485 20,401
Total equity 783,103 783,739 821,915
Total liabilities and equity $ 2,107,415 $ 2,359,101 $ 2,152,365
[1] All amounts are net of tax. Amounts in parentheses indicate debits