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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Current assets:      
Cash and cash equivalents $ 78,158 $ 63,750 $ 40,658
Restricted cash 190 451 181
Accounts receivable, net 173,593 170,912 201,664
Inventories 427,754 747,399 527,789
Commodity derivative assets – current 59,837 49,826 60,965
Deferred income taxes 0 6,772 6,735
Other current assets 43,761 90,412 66,411
Total current assets 783,293 1,129,522 904,403
Other assets:      
Commodity derivative assets – noncurrent 1,346 412 1,584
Goodwill 63,934 63,934 116,086
Other intangible assets, net 110,155 120,240 124,943
Other assets, net 5,921 9,515 32,049
Equity method investments 225,114 242,107 223,207
Investments and Other Noncurrent Assets 406,470 436,208 497,869
Rail Group assets leased to others, net 334,401 338,111 347,100
Property, plant and equipment, net 460,247 455,260 442,322
Total assets 1,984,411 2,359,101 2,191,694
Current liabilities:      
Short-term debt 0 16,990 82,801
Trade and other payables 356,931 668,788 466,428
Customer prepayments and deferred revenue 15,725 66,762 23,581
Commodity derivative liabilities – current 59,770 37,387 49,911
Accrued expenses and other current liabilities 68,465 70,324 71,593
Current maturities of long-term debt 51,520 27,786 26,989
Total current liabilities 552,411 888,037 721,303
Other long-term liabilities 30,525 18,176 16,510
Commodity derivative liabilities – noncurrent 1,954 1,063 2,912
Employee benefit plan obligations 45,260 45,805 58,123
Long-term debt, less current maturities 395,559 436,208 413,561
Deferred income taxes 178,535 186,073 179,591
Total liabilities 1,204,244 1,575,362 1,392,000
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 29,430, 29,353 and 29,430 shares issued at 9/30/16, 12/31/15 and 9/30/15, respectively) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 221,326 222,848 224,595
Treasury shares, at cost (1,195, 1,397 and 1,425 shares at 9/30/16, 12/31/15 and 9/30/15, respectively) (45,130) (52,902) (53,971)
Accumulated other comprehensive loss [1] (17,305) (20,939) (57,459)
Retained earnings 603,556 615,151 666,507
Total shareholders’ equity of The Andersons, Inc. 762,543 764,254 779,768
Noncontrolling interests 17,624 19,485 19,926
Total equity 780,167 783,739 799,694
Total liabilities and equity $ 1,984,411 $ 2,359,101 $ 2,191,694
[1] All amounts are net of tax. Amounts in parentheses indicate debits