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Quarterly Consolidated Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2021
Quarterly Financial Data [Abstract] |
Quarterly Consolidated Financial Information (Unaudited) | Quarterly Consolidated Financial Information (Unaudited) As a result of the agreement to sell the Company's Rail Leasing business and announcing the intent to sell the Rail Repair business, the results of the former Rail segment are reported separately as discontinued operations in our Consolidated statements of operations for all periods presented. Prior to presentation of Rail as a discontinued operation, Rail was a stand-alone segment. All periods presented have been retrospectively adjusted to reflect this change. The following is a summary of the unaudited quarterly results of operations for 2021 and 2020:
| Three Months Ended
(in thousands, except for per common share data) | March 31, 2021 |  | June 30, 2021 |  | September 30, 2021 |  | December 31, 2021
Sales and merchandising revenues | $ | 2,594,719 |  |  | $ | 3,235,805 |  |  | $ | 2,998,824 |  |  | $ | 3,782,702 |
Income (loss) before income taxes from continuing operations | 14,116 |  |  | 53,701 |  |  | 16,317 |  |  | 76,636 |
Net income (loss) from continuing operations | 9,755 |  |  | 44,024 |  |  | 12,290 |  |  | 65,473 |
Net income (loss) | 13,262 |  |  | 46,124 |  |  | 14,136 |  |  | 62,344 |
Net income attributable to The Andersons, Inc. | 15,107 |  |  | 43,499 |  |  | 15,738 |  |  | 29,642 |
Income (loss) from continuing operations per share: |  |  |  |  |  |  |
Basic | 0.35 |  | 1.24 |  | 0.42 |  | 0.98
Diluted | 0.35 |  | 1.23 |  | 0.41 |  | 0.95
| Three Months Ended
(in thousands, except for per common share data) | March 31, 2020 |  | June 30, 2020 |  | September 30, 2020 |  | December 31, 2020
Sales and merchandising revenues | $ | 1,815,993 |  |  | $ | 1,854,738 |  |  | $ | 1,885,586 |  |  | $ | 2,508,303 |
Income (loss) before income taxes from continuing operations | (53,582) |  |  | 5,226 |  |  | (2,360) |  |  | 23,635 |
Net income (loss) from continuing operations | (44,166) |  |  | 10,290 |  |  | 1,788 |  |  | 15,917 |
Net income (loss) | (51,111) |  |  | 20,032 |  |  | 2,215 |  |  | 14,649 |
Net income attributable to The Andersons, Inc. | (37,662) |  |  | 30,439 |  |  | (1,058) |  |  | 15,991 |
Income (loss) from continuing operations per share: |  |  |  |  |  |  |
Basic | (0.94) |  |  | 0.63 |  |  | (0.05) |  |  | 0.52 |
Diluted | (0.95) |  |  | 0.63 |  |  | (0.05) |  |  | 0.52 |
Net income (loss) per share is computed independently for each of the quarters presented. As such, the summation of the quarterly amounts may not equal the total net income per share reported for the year.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL124452896-108306 + Details
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