XML 18 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Sales and merchandising revenues $ 14,750,112 $ 17,325,384 $ 12,612,050
Cost of sales and merchandising revenues 14,004,749 16,641,220 12,019,353
Gross profit 745,363 684,164 592,697
Operating, administrative and general expenses 492,260 457,556 423,126
Asset impairment 87,156 9,000 8,947
Interest expense, net 46,867 56,849 37,292
Other income, net 50,483 33,823 37,438
Income before income taxes from continuing operations 169,563 194,582 160,770
Income tax provision from continuing operations 37,034 39,628 29,228
Net income from continuing operations 132,529 154,954 131,542
Income from discontinued operations, net of income taxes 0 12,025 4,324
Net income 132,529 166,979 135,866
Net income attributable to the noncontrolling interest 31,339 35,899 31,880
Net income attributable to The Andersons, Inc. $ 101,190 $ 131,080 $ 103,986
Average number of shares outstanding – basic 33,718 33,731 33,279
Average number of shares outstanding – diluted 34,382 34,422 33,855
Basic earnings:      
Continuing operations (in dollars per share) $ 3.00 $ 3.53 $ 2.99
Discontinued operations (in dollars per share) 0 0.36 0.13
Basic earnings (in dollars per share) 3.00 3.89 3.12
Diluted earnings:      
Continuing operations (in dollars per share) 2.94 3.46 2.94
Discontinued operations (in dollars per share) 0 0.35 0.13
Diluted earnings (in dollars per share) $ 2.94 $ 3.81 $ 3.07