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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
Current assets:      
Cash and cash equivalents $ 16,820 $ 34,919 $ 24,478
Accounts receivable, net 206,380 183,238 196,192
Inventories 490,331 648,703 475,602
Commodity derivative assets – current 76,861 30,702 45,202
Other current assets 58,374 63,790 53,958
Assets held for sale 29,527 37,859 8,383
Total current assets 878,293 999,211 803,815
Other assets:      
Commodity derivative assets – noncurrent 766 310 245
Goodwill 6,024 6,024 23,105
Other intangible assets, net 100,730 112,893 113,371
Other assets, net 26,174 12,557 11,852
Equity method investments 240,350 223,239 215,031
Other noncurrent assets 374,044 355,023 363,604
Rail Group assets leased to others, net 464,776 423,443 377,393
Property, plant and equipment, net 434,505 384,677 419,348
Total assets 2,151,618 2,162,354 1,964,160
Current liabilities:      
Short-term debt 132,000 22,000 19,000
Trade and other payables 344,406 503,571 381,359
Customer prepayments and deferred revenue 38,242 59,710 29,520
Commodity derivative liabilities – current 91,403 29,651 38,578
Accrued expenses and other current liabilities 68,925 69,579 67,064
Current maturities of long-term debt 15,677 54,205 53,972
Total current liabilities 690,653 738,716 589,493
Other long-term liabilities 30,615 33,129 34,407
Commodity derivative liabilities – noncurrent 2,548 825 902
Employee benefit plan obligations 25,356 26,716 36,356
Long-term debt, less current maturities 437,280 418,339 371,315
Deferred income taxes 122,523 121,730 181,876
Total liabilities 1,308,975 1,339,455 1,214,349
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 29,430 shares issued at 9/30/2018, 12/31/17 and 9/30/2017) 96 96 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 222,368 224,622 223,814
Treasury shares, at cost (929, 1,063 and 1,079 shares at 9/30/2018, 12/31/17 and 9/30/2017, respectively) (35,039) (40,312) (40,905)
Accumulated other comprehensive loss [1] (4,364) (2,700) (9,682)
Retained earnings 628,676 633,496 568,438
Total shareholders’ equity of The Andersons, Inc. 811,737 815,202 741,761
Noncontrolling interests 30,906 7,697 8,050
Total equity 842,643 822,899 749,811
Total liabilities and equity $ 2,151,618 $ 2,162,354 $ 1,964,160
[1] All amounts are net of tax. Amounts in parentheses indicate debits