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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,919,000 $ 62,630,000
Restricted cash 0 471,000
Accounts receivable, less allowance for doubtful accounts of $9,156 in 2017; $7,706 in 2016 183,238,000 194,698,000
Inventories 648,703,000 682,747,000
Commodity derivative assets – current 30,702,000 45,447,000
Other current assets 63,790,000 72,133,000
Assets held for sale 37,859,000 0
Total current assets 999,211,000 1,058,126,000
Other assets:    
Commodity derivative assets – noncurrent 310,000 100,000
Goodwill 6,024,000 63,934,000
Other intangible assets, net 112,893,000 106,100,000
Other assets 12,557,000 10,411,000
Equity method investments 223,239,000 216,931,000
Investments and Other Noncurrent Assets 355,023,000 397,476,000
Rail Group assets leased to others, net 423,443,000 327,195,000
Property, plant and equipment, net 384,677,000 450,052,000
Total assets 2,162,354,000 2,232,849,000
Current liabilities:    
Short-term debt 22,000,000 29,000,000
Trade and other payables 503,571,000 581,826,000
Customer prepayments and deferred revenue 59,710,000 48,590,000
Commodity derivative liabilities – current 29,651,000 23,167,000
Accrued expenses and other current liabilities 69,579,000 69,648,000
Current maturities of long-term debt 54,205,000 47,545,000
Total current liabilities 738,716,000 799,776,000
Other long-term liabilities 33,129,000 27,833,000
Commodity derivative liabilities – noncurrent 825,000 339,000
Employee benefit plan obligations 26,716,000 35,026,000
Long-term debt, less current maturities 418,339,000 397,065,000
Deferred income taxes 121,730,000 182,113,000
Total liabilities 1,339,455,000 1,442,152,000
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 29,430 shares issued in 2017 and 2016) 96,000 96,000
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 224,622,000 222,910,000
Treasury shares, at cost (1,063 in 2017; 1,201 in 2016) (40,312,000) (45,383,000)
Accumulated other comprehensive loss [1] (2,700,000) (12,468,000)
Retained earnings 633,496,000 609,206,000
Total shareholders’ equity of The Andersons, Inc. 815,202,000 774,361,000
Noncontrolling interests 7,697,000 16,336,000
Total equity 822,899,000 790,697,000
Total liabilities and equity $ 2,162,354,000 $ 2,232,849,000
[1] All amounts are net of tax. Amounts in parentheses indicate debits