Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2011

Earnings Per Share (Tables) [Abstract]

Earnings per share

(in thousands)	Three months ended September 30,				Nine months ended September 30,
	2011		2010		2011		2010
Net income attributable to The Andersons, Inc.	$	10,925	$	1,394	$	73,409	$	38,828
Less: Distributed and undistributed earnings allocated to nonvested restricted stock		44		4		283		119
Earnings available to common shareholders	$	10,881	$	1,390	$	73,126	$	38,709
Earnings per share – basic:
Weighted average shares outstanding – basic		18,469		18,369		18,469		18,350
Earnings per common share – basic	$	0.59	$	0.08	$	3.96	$	2.11
Earnings per share – diluted:
Weighted average shares outstanding – basic		18,469		18,369		18,469		18,350
Effect of dilutive awards		118		100		166		143
Weighted average shares outstanding – diluted		18,586		18,469		18,635		18,493
Earnings per common share – diluted	$	0.59	$	0.08	$	3.92	$	2.09