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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 62,630,000 $ 63,750,000
Restricted cash 471,000 451,000
Accounts receivable, less allowance for doubtful accounts of $7,706 in 2016; $6,938 in 2015 194,698,000 170,912,000
Inventories 682,747,000 747,399,000
Commodity derivative assets – current (Note 6) 45,447,000 49,826,000
Deferred income taxes (Note 8) 0 6,772,000
Other current assets 72,133,000 90,412,000
Total current assets 1,058,126,000 1,129,522,000
Other assets:    
Commodity derivative assets – noncurrent (Note 6) 100,000 412,000
Goodwill 63,934,000 63,934,000
Other intangible assets, net (Note 4) 106,100,000 120,240,000
Other assets 10,411,000 9,515,000
Equity method investments 216,931,000 242,107,000
Investments and Other Noncurrent Assets 397,476,000 436,208,000
Rail Group assets leased to others, net 327,195,000 338,111,000
Property, plant and equipment, net 450,052,000 455,260,000
Total assets 2,232,849,000 2,359,101,000
Current liabilities:    
Short-term debt (Note 5) 29,000,000 16,990,000
Trade and other payables 581,826,000 668,788,000
Customer prepayments and deferred revenue 48,590,000 66,762,000
Commodity derivative liabilities – current (Note 6) 23,167,000 37,387,000
Accrued expenses and other current liabilities 69,648,000 70,324,000
Current maturities of long-term debt 47,545,000 27,786,000
Total current liabilities 799,776,000 888,037,000
Other long-term liabilities 27,833,000 18,176,000
Commodity derivative liabilities – noncurrent (Note 6) 339,000 1,063,000
Employee benefit plan obligations (Note 7) 35,026,000 45,805,000
Long-term debt, less current maturities 397,065,000 436,208,000
Deferred income taxes (Note 8) 182,113,000 186,073,000
Total liabilities 1,442,152,000 1,575,362,000
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 29,430 shares issued in 2016; 29,353 shares issued in 2015) 96,000 96,000
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 222,910,000 222,848,000
Treasury shares, at cost (1,201 in 2016; 1,397 in 2015) (45,383,000) (52,902,000)
Accumulated other comprehensive loss [1] (12,468,000) (20,939,000)
Retained earnings 609,206,000 615,151,000
Total shareholders’ equity of The Andersons, Inc. 774,361,000 764,254,000
Noncontrolling interests 16,336,000 19,485,000
Total equity 790,697,000 783,739,000
Total liabilities and equity $ 2,232,849,000 $ 2,359,101,000
[1] All amounts are net of tax. Amounts in parentheses indicate debits