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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Current assets:      
Cash and cash equivalents $ 216,874 $ 29,123 $ 13,693
Accounts receivable, net 735,349 641,326 509,964
Inventories 1,017,804 1,293,066 747,588
Commodity derivative assets – current 409,647 320,706 140,065
Current assets held-for-sale 26,561 32,659 45,132
Other current assets 92,159 99,529 83,807
Total current assets 2,498,394 2,416,409 1,540,249
Other assets:      
Goodwill 129,342 131,542 131,542
Other intangible assets, net 118,690 140,084 148,846
Right of use assets, net 50,270 33,387 33,547
Other assets held-for-sale (Note 14) 38,863 643,474 642,538
Other assets, net 74,923 46,914 44,738
Total other assets 412,088 995,401 1,001,211
Property, plant and equipment, net 797,660 860,311 870,151
Total assets 3,708,142 4,272,121 3,411,611
Current liabilities:      
Short-term debt 281,199 403,703 100,405
Trade and other payables 825,923 954,809 635,206
Customer prepayments and deferred revenue 147,225 178,226 47,906
Commodity derivative liabilities – current 78,702 146,990 79,159
Current maturities of long-term debt 106,255 69,366 62,499
Accrued taxes 97,215 17,465 15,178
Current liabilities held-for-sale (Note 14) 13,427 25,277 27,996
Accrued expenses and other current liabilities 173,215 135,846 128,187
Total current liabilities 1,723,161 1,931,682 1,096,536
Long-term lease liabilities 31,332 19,835 19,216
Long-term debt, less current maturities 542,821 886,453 717,198
Deferred income taxes 79,636 170,147 163,454
Non-current liabilities held-for-sale 13,592 48,096 221,334
Other long-term liabilities 81,587 55,248 56,646
Total liabilities 2,472,129 3,111,461 2,274,384
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 33,786, 33,599 and 33,599 shares issued at 9/30/2021, 12/31/2020 and 9/30/2020, respectively) 140 138 138
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 360,159 348,714 346,280
Treasury shares, at cost (110, 45 and 41 shares at 9/30/2021, 12/31/2020 and 9/30/2020, respectively) (2,611) (966) (879)
Accumulated other comprehensive loss (3,406) (12,076) (22,230)
Retained earnings 679,154 626,081 615,890
Total shareholders’ equity of The Andersons, Inc. 1,033,436 961,891 939,199
Noncontrolling interests 202,577 198,769 198,028
Total equity 1,236,013 1,160,660 1,137,227
Total liabilities and equity $ 3,708,142 $ 4,272,121 $ 3,411,611