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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Current assets:      
Cash, cash equivalents and restricted cash $ 13,693 $ 54,895 $ 21,299
Accounts receivable, net 529,584 536,367 523,110
Inventories 754,604 1,170,536 741,086
Commodity derivative assets – current 140,066 107,863 120,510
Other current assets 102,302 75,681 82,770
Total current assets 1,540,249 1,945,342 1,488,775
Other assets:      
Goodwill (Note 15) 135,709 135,360 135,872
Other intangible assets, net 152,214 175,312 181,100
Right of use assets, net 58,108 76,401 70,773
Equity method investments 25,368 23,857 117,348
Other assets, net 23,601 21,753 21,442
Total other assets 395,000 432,683 526,535
Rail Group assets leased to others, net 587,851 584,298 565,746
Property, plant and equipment, net 888,511 938,418 703,396
Total assets 3,411,611 3,900,741 3,284,452
Current liabilities:      
Short-term debt 100,405 147,031 138,249
Trade and other payables 641,812 873,081 594,708
Customer prepayments and deferred revenue 49,573 133,585 35,274
Commodity derivative liabilities – current 79,159 46,942 67,606
Current maturities of long-term debt 67,786 62,899 66,899
Accrued expenses and other current liabilities 157,801 176,381 162,749
Total current liabilities 1,096,536 1,439,919 1,065,485
Long-term lease liabilities 38,232 51,091 47,299
Long-term debt, less current maturities 916,087 1,016,248 968,117
Deferred income taxes 163,454 146,155 128,003
Other long-term liabilities 60,075 51,673 64,198
Total liabilities 2,274,384 2,705,086 2,273,102
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 33,599, 33,550 and 33,336 shares issued at 9/30/2020, 12/31/2019 and 9/30/2019, respectively) 138 137 137
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 346,280 345,359 335,916
Treasury shares, at cost (41, 207 and 213 shares at 9/30/2020, 12/31/2019 and 9/30/2019, respectively) (879) (7,342) (7,582)
Accumulated other comprehensive loss (22,230) (7,231) (7,620)
Retained earnings 615,890 642,687 641,607
Total shareholders’ equity of The Andersons, Inc. 939,199 973,610 962,458
Noncontrolling interests 198,028 222,045 48,892
Total equity 1,137,227 1,195,655 1,011,350
Total liabilities and equity $ 3,411,611 $ 3,900,741 $ 3,284,452
Preferred Stock, Shares Issued 0 0 0