Earnings Per Share

6 Months Ended

Jun. 30, 2021


(in thousands, except per common share data)	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Numerator:
Net income (loss) available to The Andersons Inc. common shareholders	$	43,499	$	30,439	$	58,606	$	(7,222)
Denominator:
Weighted average shares outstanding – basic	33,263		32,932		33,226		32,876
Effect of dilutive awards	316		77		391		—
Weighted average shares outstanding – diluted	33,579		33,009		33,617		32,876
Earnings (loss) per share
Basic	$	1.31	$	0.92	$	1.76	$	(0.22)
Diluted	$	1.30	$	0.92	$	1.74	$	(0.22)

There were 57 thousand and 471 thousand antidilutive awards for the three months ended June 30, 2021 and June 30, 2020, respectively. There were 82 thousand antidilutive share awards outstanding for the six months ended June 30, 2021.

All awards were antidilutive for the six months ended June 30, 2020 as the Company incurred a net loss.