XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues from external customers $ 3,881,238 $ 3,977,954
Cost of sales and merchandising revenues 3,733,227 3,858,419
Gross profit 148,011 119,535
Operating, administrative and general expenses 117,235 101,987
Asset impairment 87,156 0
Interest expense, net 16,625 10,859
Other income, net 8,004 3,918
Income (loss) before income taxes from continuing operations (65,001) 10,607
Income tax provision (benefit) from continuing operations (5,884) 4,103
Net income (loss) from continuing operations (59,117) 6,504
Loss from discontinued operations, net of income taxes 0 (554)
Net income (loss) (59,117) 5,950
Net income (loss) attributable to noncontrolling interests (44,367) 447
Net income (loss) attributable to The Andersons, Inc. $ (14,750) $ 5,503
Average number of shares outstanding - basic (in shares) 33,622 33,738
Average number of share outstanding - diluted (in shares) 33,622 34,279
Basic earnings (loss):    
Continuing operations (in dollars per share) $ (0.44) $ 0.18
Discontinued operations (in dollars per share) 0 (0.02)
Earnings per common share - basic (dollars per share) (0.44) 0.16
Diluted earnings (loss):    
Continuing operations (in dollars per share) (0.44) 0.18
Discontinued operations (in dollars per share) 0 (0.02)
Earnings per common share - diluted (dollars per share) $ (0.44) $ 0.16