Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2012

Earnings Per Share (Tables) [Abstract]

Earnings per share

(in thousands except per common share data)	Three months ended March 31,
	2012		2011
Net income attributable to The Andersons, Inc.	$	18,407	$	17,266
Less: Distributed and undistributed earnings allocated to nonvested restricted stock		46		51
Earnings available to common shareholders	$	18,361	$	17,215
Earnings per share – basic:
Weighted average shares outstanding – basic		18,502		18,454
Earnings per common share – basic	$	0.99	$	0.93
Earnings per share – diluted:
Weighted average shares outstanding – basic		18,502		18,454
Effect of dilutive awards		151		142
Weighted average shares outstanding – diluted		18,653		18,596
Earnings per common share – diluted	$	0.98	$	0.93