Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Earnings per share

(in thousands, except per common share data)	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Numerator:
Net income from continuing operations	$	102,400	$	44,025	$	108,904	$	53,780
Net income attributable to noncontrolling interests(a)	21,856		2,625		22,303		780
Net income attributable to The Andersons Inc. common shareholders from continuing operations	$	80,544	$	41,400	$	86,601	$	53,000
Income (loss) from discontinued operations, net of income taxes	$	(739)	$	2,099	$	(1,294)	$	5,606
Denominator:
Weighted average shares outstanding – basic	33,850		33,263		33,795		33,226
Effect of dilutive awards	566		316		621		391
Weighted average shares outstanding – diluted	34,416		33,579		34,416		33,617
Earnings (loss) per share attributable to The Andersons, Inc. common shareholders:
Basic earnings (loss):
Continuing operations	$	2.38	$	1.25	$	2.56	$	1.60
Discontinued operations	(0.02)		0.06		(0.04)		0.16
	$	2.36	$	1.31	$	2.52	$	1.76
Diluted earnings (loss):
Continuing operations	$	2.34	$	1.23	$	2.52	$	1.58
Discontinued operations	(0.02)		0.07		(0.04)		0.16
	$	2.32	$	1.30	$	2.48	$	1.74

(a) All net income (loss) attributable to noncontrolling interests is within continuing operations of the Company.