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v3.10.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Income Statement [Abstract] |  |  |  |
Sales and merchandising revenues | $ 911,402 | $ 993,662 | $ 1,547,141 | $ 1,845,678
Cost of sales and merchandising revenues | 820,928 | 905,828 | 1,392,962 | 1,681,386
Gross profit | 90,474 | 87,834 | 154,179 | 164,292
Operating, administrative and general expenses | 59,853 | 69,544 | 124,110 | 151,089
Asset impairment | 6,272 | 0 | 6,272 | 0
Goodwill impairment | 0 | 42,000 | 0 | 42,000
Interest expense | 7,825 | 5,988 | 14,824 | 12,088
Other income: |  |  |  |
Equity in earnings (loss) of affiliates, net | 9,803 | 6,385 | 13,376 | 4,507
Other income, net | 2,828 | 4,248 | 4,514 | 11,743
Income (loss) before income taxes | 29,155 | (19,065) | 26,863 | (24,635)
Income tax provision (benefit) | 7,742 | 7,652 | 7,432 | 5,117
Net income (loss) | 21,413 | (26,717) | 19,431 | (29,752)
Net income (loss) attributable to the noncontrolling interests | (116) | (64) | (398) | (10)
Net income (loss) attributable to The Andersons, Inc. | $ 21,529 | $ (26,653) | $ 19,829 | $ (29,742)
Per common share: |  |  |  |
Basic earnings attributable to The Andersons, Inc. common shareholders (dollars per share) | $ 0.76 | $ (0.94) | $ 0.70 | $ (1.05)
Diluted earnings attributable to The Andersons, Inc. common shareholders (dollars per share) | 0.76 | (0.94) | 0.70 | (1.05)
Dividends declared (dollars per share) | $ 0.165 | $ 0.16 | $ 0.33 | $ 0.320

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