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Quarterly Consolidated Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Quarterly Consolidated Financial Information (Unaudited)
Quarterly Consolidated Financial Information (Unaudited)

The following is a summary of the unaudited quarterly results of operations for 2015 and 2014:
(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 2015
 
 
 
 
 
 
 
 
 
March 31
$
918,225

 
$
83,313

 
$
4,097

 
$
0.14

 
$
0.14

June 30
1,187,704

 
108,173

 
31,092

 
1.09

 
1.09

September 30
909,093

 
85,190

 
(1,227
)
 
(0.04
)
 
(0.04
)
December 31
1,183,473

 
99,162

 
(47,029
)
 
(1.68
)
 
(1.68
)
Year ended 2015
$
4,198,495

 
$
375,838

 
$
(13,067
)
 
(0.46
)
 
(0.46
)
 
 
 
 
 
 
 
 
 
 
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 2013
$
4,540,071

 
$
397,139

 
$
109,726

 
3.85

 
3.84



As discussed in Note 1, during the fourth quarter of 2015 the Company changed the classification of its commodity derivative gains and losses from sales and merchandising revenues to cost of sales and merchandising revenues. The table above reflects the impact of that reclassification for all quarters in 2015. Prior year amounts have not been reclassified as they are deemed immaterial.
 
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.