Earnings Per Share

9 Months Ended

Sep. 30, 2020


(in thousands, except per common share data)	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Numerator:
Net income (loss) available to The Andersons Inc. common shareholders	$	(1,058)	$	(4,237)	$	(8,281)	$	11,658
Denominator:
Weighted average shares outstanding – basic	32,962		32,626		32,905		32,550
Effect of dilutive awards	—		—		—		484
Weighted average shares outstanding – diluted	32,962		32,626		32,905		33,034
Earnings (loss) per share
Basic	$	(0.03)	$	(0.13)	$	(0.25)	$	0.36
Diluted	$	(0.03)	$	(0.13)	$	(0.25)	$	0.35

There were no antidilutive awards as the Company incurred a net loss for the three months ended September 30, 2020 and September 30, 2019, as well as, the nine months ended September 30, 2020. There were 60 thousand antidilutive share awards outstanding for the nine months ended September 30, 2019.