Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Share (Tables) [Abstract]

Earnings per share

		Three months ended				Six months ended
	June 30,					June 30,
(in thousands, except per common share data)		2011		2010		2011		2010
Net income attributable to The Andersons, Inc.		$	45,218	$	25,169	$	62,484	$	37,434
Less: Distributed and undistributed earnings allocated to nonvested restricted stock			205		81		235		112
Earnings available to common shareholders		$	45,013	$	25,088	$	62,249	$	37,322
Earnings per share — basic:
Weighted average shares outstanding — basic			18,485		18,366		18,469		18,340
Earnings per common share — basic		$	2.44	$	1.37	$	3.37	$	2.04
Earnings per share — diluted:
Weighted average shares outstanding — basic			18,485		18,366		18,469		18,340
Effect of dilutive awards			134		97		168		126
Weighted average shares outstanding — diluted			18,619		18,463		18,637		18,466
Earnings per common share — diluted		$	2.42	$	1.36	$	3.34	$	2.02