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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Current assets:      
Cash, cash equivalents and restricted cash $ 19,693 $ 54,895 $ 29,991
Accounts receivable, net 539,671 536,367 611,290
Inventories 1,028,076 1,170,536 1,026,465
Commodity derivative assets – current 149,070 107,863 158,277
Other current assets 85,372 75,681 60,586
Total current assets 1,821,882 1,945,342 1,886,609
Other assets:      
Goodwill 135,360 135,360 119,641
Other intangible assets, net 167,398 175,312 206,572
Right of use assets, net 62,182 76,401 85,766
Equity method investments 22,910 23,857 121,781
Other assets, net 24,305 21,753 30,449
Total other assets 412,155 432,683 564,209
Rail Group assets leased to others, net 597,069 584,298 537,629
Property, plant and equipment, net 921,585 938,418 671,805
Total assets 3,752,691 3,900,741 3,660,252
Current liabilities:      
Short-term debt 392,450 147,031 434,304
Trade and other payables 553,416 873,081 590,258
Customer prepayments and deferred revenue 121,148 133,585 148,345
Commodity derivative liabilities – current 90,491 46,942 66,623
Current maturities of long-term debt 80,758 62,899 55,160
Accrued expenses and other current liabilities 147,225 176,381 151,648
Total current liabilities 1,385,488 1,439,919 1,446,338
Long-term lease liabilities 43,308 51,091 57,451
Long-term debt, less current maturities 987,526 1,016,248 982,025
Deferred income taxes 156,804 146,155 138,598
Other long-term liabilities 65,703 51,673 37,554
Total liabilities 2,638,829 2,705,086 2,661,966
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 33,550 shares issued at 3/31/2020, 12/31/2019 and 3/31/2019) 137 137 137
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 341,382 345,359 324,753
Treasury shares, at cost (21, 207 and 193 shares at 3/31/2020, 12/31/2019 and 3/31/2019, respectively) (652) (7,342) (7,216)
Accumulated other comprehensive income (loss) (27,649) (7,231) 2,474
Retained earnings 599,039 642,687 627,136
Total shareholders’ equity of The Andersons, Inc. 912,257 973,610 947,284
Noncontrolling interests 201,605 222,045 51,002
Total equity 1,113,862 1,195,655 998,286
Total liabilities and equity $ 3,752,691 $ 3,900,741 $ 3,660,252