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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 22,593,000 $ 34,919,000
Accounts receivable, less allowance for doubtful accounts of $8,325 in 2018; $9,156 in 2017 207,285,000 183,238,000
Inventories 690,804,000 648,703,000
Commodity derivative assets – current 51,421,000 30,702,000
Other current assets 50,703,000 63,790,000
Assets held for sale 392,000 37,859,000
Total current assets 1,023,198,000 999,211,000
Other assets:    
Commodity derivative assets – noncurrent 480,000 310,000
Goodwill 6,024,000 6,024,000
Other intangible assets, net 99,138,000 112,893,000
Equity method investments 242,326,000 223,239,000
Other assets 22,341,000 12,557,000
Investments and Other Noncurrent Assets 370,309,000 355,023,000
Rail Group assets leased to others, net 521,785,000 423,443,000
Property, plant and equipment, net 476,711,000 384,677,000
Total assets 2,392,003,000 2,162,354,000
Current liabilities:    
Short-term debt 205,000,000.0 22,000,000
Trade and other payables 462,535,000 503,571,000
Customer prepayments and deferred revenue 32,533,000 59,710,000
Commodity derivative liabilities – current 32,647,000 29,651,000
Accrued expenses and other current liabilities 79,046,000 69,579,000
Current maturities of long-term debt 21,589,000 54,205,000
Total current liabilities 833,350,000 738,716,000
Other long-term liabilities 32,184,000 33,129,000
Commodity derivative liabilities – noncurrent 889,000 825,000
Employee benefit plan obligations 22,542,000 26,716,000
Long-term debt, less current maturities 496,187,000 418,339,000
Deferred income taxes 130,087,000 121,730,000
Total liabilities 1,515,239,000 1,339,455,000
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 29,430 shares issued in 2018 and 2017) 96,000 96,000
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 224,396,000 224,622,000
Treasury shares, at cost (936 in 2018; 1,063 in 2017) (35,300,000) (40,312,000)
Accumulated other comprehensive loss [1] (6,387,000) (2,700,000)
Retained earnings 647,517,000 633,496,000
Total shareholders’ equity of The Andersons, Inc. 830,322,000 815,202,000
Noncontrolling interests 46,442,000 7,697,000
Total equity 876,764,000 822,899,000
Total liabilities and equity $ 2,392,003,000 $ 2,162,354,000
[1] All amounts are net of tax. Amounts in parentheses indicate debits