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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Current assets:      
Cash and cash equivalents $ 58,611 $ 34,919 $ 18,934
Restricted cash 0 0 1,033
Accounts receivable, net 218,476 183,238 186,331
Inventories 495,611 648,703 463,205
Commodity derivative assets – current 54,259 30,702 11,619
Other current assets 42,648 63,790 59,873
Assets held for sale 9,816 37,859 10,028
Total current assets 879,421 999,211 751,023
Other assets:      
Commodity derivative assets – noncurrent 1,008 310 1,191
Goodwill 6,024 6,024 23,105
Other intangible assets, net 105,289 112,893 113,492
Other assets, net 26,888 12,557 8,686
Equity method investments 232,159 223,239 215,794
Investments and Other Noncurrent Assets 371,368 355,023 362,268
Rail Group assets leased to others, net 458,424 423,443 375,092
Property, plant and equipment, net 408,575 384,677 423,042
Total assets 2,117,788 2,162,354 1,911,425
Current liabilities:      
Short-term debt 185,000 22,000 124,000
Trade and other payables 282,221 503,571 267,194
Customer prepayments and deferred revenue 16,103 59,710 15,113
Commodity derivative liabilities – current 85,160 29,651 18,104
Accrued expenses and other current liabilities 74,512 69,579 69,256
Current maturities of long-term debt 13,700 54,205 62,482
Total current liabilities 656,696 738,716 556,149
Other long-term liabilities 30,325 33,129 34,441
Commodity derivative liabilities – noncurrent 3,202 825 334
Employee benefit plan obligations 26,131 26,716 36,837
Long-term debt, less current maturities 435,580 418,339 354,066
Deferred income taxes 118,864 121,730 181,806
Total liabilities 1,270,798 1,339,455 1,163,633
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 29,430 shares issued at 6/30/2018, 12/31/17 and 6/30/2017) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 223,259 224,622 222,261
Treasury shares, at cost (943, 1,063 and 1,080 shares at 6/30/2018, 12/31/17 and 6/30/2017, respectively) (35,561) (40,312) (40,945)
Accumulated other comprehensive loss [1] (5,347) (2,700) (11,993)
Retained earnings 635,438 633,496 570,406
Total shareholders’ equity of The Andersons, Inc. 817,885 815,202 739,825
Noncontrolling interests 29,105 7,697 7,967
Total equity 846,990 822,899 747,792
Total liabilities and equity $ 2,117,788 $ 2,162,354 $ 1,911,425
[1] All amounts are net of tax. Amounts in parentheses indicate debits