Quarterly Consolidated Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Consolidated Financial Information (Unaudited)

The following is a summary of the unaudited quarterly results of operations for 2014 and 2013:



(in thousands, except for per common share data)	Sales and merchandising revenues		Gross profit		Net income attributable to The Andersons, Inc.		Earnings per share-basic		Earnings per share-diluted
Quarter ended 2014
March 31	$	1,003,294	$	76,775	$	22,708	$	0.80	$	0.80
June 30	1,312,082		121,495		44,301		1.56		1.56
September 30	952,927		84,918		16,825		0.59		0.59
December 31	1,271,768		113,951		25,892		0.89		0.89
Year ended 2014	$	4,540,071	$	397,139	$	109,726	3.85		3.84

Quarter ended 2013
March 31	$	1,271,970	$	79,273	$	12,578	$	0.45	$	0.45
June 30	1,566,964		103,229		29,539		1.05		1.05
September 30	1,181,374		73,146		17,161		0.61		0.61
December 31	1,584,266		109,577		30,661		1.09		1.08
Year ended 2013	$	5,604,574	$	365,225	$	89,939	3.20		3.18

Net income per share is computed independently for each of the quarters presented. As such, the summation of the quarterly amounts may not equal the total net income per share reported for the year.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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