Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2011

Earnings Per Share (Tables) [Abstract]

Earnings per share

	Year ended December 31,
(in thousands, except per share data)	2011		2010		2009
Net income attributable to The Andersons, Inc.	$	95,106	$	64,662	$	38,351
Less: Distributed and undistributed earnings allocated to nonvested restricted stock		369		204		122
Earnings available to common shareholders	$	94,737	$	64,458	$	38,229
Earnings per share – basic:
Weighted average shares outstanding – basic		18,457		18,356		18,190
Earnings per common share – basic	$	5.13	$	3.51	$	2.10
Earnings per share – diluted:
Weighted average shares outstanding – basic		18,457		18,356		18,190
Effect of dilutive options		162		151		179
Weighted average shares outstanding – diluted		18,619		18,507		18,369
Earnings per common share – diluted	$	5.09	$	3.48	$	2.08