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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash, cash equivalents and restricted cash $ 54,895 $ 22,593
Accounts receivable, less allowance for doubtful accounts of $12,781 in 2019; $8,325 in 2018 536,367 207,285
Inventories 1,170,536 690,804
Commodity derivative assets – current 107,863 51,421
Other current assets 75,681 51,095
Total current assets 1,945,342 1,023,198
Other assets:    
Commodity derivative assets – noncurrent 949 480
Goodwill 135,360 6,024
Other intangible assets, net 175,312 99,138
Operating lease assets 76,401 0
Equity method investments 23,857 242,326
Other assets 20,804 22,341
Investments and Other Noncurrent Assets 432,683 370,309
Rail Group assets leased to others, net 584,298 521,785
Property, plant and equipment, net 938,418 476,711
Total assets 3,900,741 2,392,003
Current liabilities:    
Short-term debt 147,031 205,000
Trade and other payables 873,081 462,535
Customer prepayments and deferred revenue 133,585 32,533
Commodity derivative liabilities – current 46,942 32,647
Accrued expenses and other current liabilities 176,381 79,046
Current maturities of long-term debt 62,899 21,589
Total current liabilities 1,439,919 833,350
Non-current operating leases 51,091 0
Commodity derivative liabilities – noncurrent 505 889
Employee benefit plan obligations 25,359 22,542
Long-term debt, less current maturities 1,016,248 496,187
Deferred income taxes 146,155 130,087
Other long-term liabilities 25,809 32,184
Total liabilities 2,705,086 1,515,239
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 33,550 shares issued in 2019; 29,430 shares issued in 2018) 137 96
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 345,359 224,396
Treasury shares, at cost (207 in 2019; 936 in 2018) (7,342) (35,300)
Accumulated other comprehensive loss [1] (7,231) (6,387)
Retained earnings 642,687 647,517
Total shareholders’ equity of The Andersons, Inc. 973,610 830,322
Noncontrolling interests 222,045 46,442
Total equity 1,195,655 876,764
Total liabilities and equity $ 3,900,741 $ 2,392,003
[1] All amounts are net of tax. Amounts in parentheses indicate debit