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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 86,035 $ 216,444 $ 27,538
Accounts receivable, net 1,141,167 835,180 702,869
Inventories 1,618,326 1,814,538 904,924
Commodity derivative assets – current 638,357 410,813 507,148
Current assets held-for-sale 18,627 20,885 28,555
Other current assets 70,367 74,468 63,266
Total current assets 3,572,879 3,372,328 2,234,300
Other assets:      
Goodwill 129,342 129,342 131,542
Other intangible assets, net 105,222 117,137 125,731
Right of use assets, net 50,233 52,146 42,330
Other assets held-for-sale (Note 14) 24,298 43,169 620,745
Other assets, net 91,758 69,068 70,879
Total other assets 400,853 410,862 991,227
Property, plant and equipment, net 763,443 786,029 823,563
Total assets 4,737,175 4,569,219 4,049,090
Current liabilities:      
Short-term debt 1,161,428 501,792 757,271
Trade and other payables 772,996 1,199,324 543,503
Customer prepayments and deferred revenue 184,154 358,119 55,943
Commodity derivative liabilities – current 185,903 128,911 90,366
Current maturities of long-term debt 53,951 32,256 50,069
Current liabilities held-for-sale (Note 14) 7,314 13,379 25,185
Accrued expenses and other current liabilities 211,830 230,148 168,221
Total current liabilities 2,577,576 2,463,929 1,690,558
Long-term lease liabilities 28,929 31,322 27,134
Long-term debt, less current maturities 563,447 600,487 837,609
Deferred income taxes 63,383 71,127 173,212
Non-current liabilities held-for-sale 3,113 16,119 43,993
Other long-term liabilities 83,521 78,531 51,620
Total liabilities 3,319,969 3,261,515 2,824,126
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 34,064, 33,870 and 33,786 shares issued at 6/30/2022, 12/31/2021 and 6/30/2021, respectively) 142 140 140
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 378,740 368,595 357,606
Treasury shares, at cost (62, 11 and 111 shares at 6/30/2022, 12/31/2021 and 6/30/2021, respectively) (2,313) (263) (2,650)
Accumulated other comprehensive income (loss) 15,090 1,194 (1,837)
Retained earnings 775,495 702,759 669,241
Total shareholders’ equity of The Andersons, Inc. 1,167,154 1,072,425 1,022,500
Noncontrolling interests 250,052 235,279 202,464
Total equity 1,417,206 1,307,704 1,224,964
Total liabilities and equity $ 4,737,175 $ 4,569,219 $ 4,049,090