XML 40 R28.htm IDEA: XBRL DOCUMENT v3.25.3

Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Segment Information

The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. The Company does not have any customers who represent 10 percent, or more, of total revenues.

			Three months ended September 30, 2025																		Three months ended September 30, 2024
(in thousands)			Agribusiness						Renewables						Total						Agribusiness						Renewables						Total
Sales and merchandising revenues			$	1,988,907					$	688,805					$	2,677,712					$	1,876,042					$	744,946					$	2,620,988
Cost of sales and merchandising revenues			1,861,997						644,843						2,506,840						1,756,697						687,166						2,443,863
Operating, administrative and general expenses			135,891						16,454						152,345						100,360						8,895						109,255
Interest expense			9,111						1,678						10,789						8,251						705						8,956
Other income, net (a)			19,558						17,657						37,215						12,032						1,771						13,803
Segment income			$	1,466					$	43,487					$	44,953					$	22,766					$	49,951					$	72,717
less: Corporate expenses															19,110																		10,525
Income before income taxes															$	25,843																	$	62,192

(a) Other income, net for each reportable segment includes:

Agribusiness - property insurance recoveries, interest income, patronage income, amongst other items.

Renewables - clean fuel production credits, interest income, patronage income, amongst other items

			Nine months ended September 30, 2025																		Nine months ended September 30, 2024
(in thousands)			Agribusiness						Renewables						Total						Agribusiness						Renewables						Total
Sales and merchandising revenues			$	6,397,021					$	2,075,658					$	8,472,679					$	6,046,832					$	2,087,578					$	8,134,410
Cost of sales and merchandising revenues			6,019,451						1,971,068						7,990,519						5,699,925						1,953,669						7,653,594
Operating, administrative and general expenses			374,392						35,188						409,580						295,187						25,718						320,905
Interest expense			33,268						3,101						36,369						20,980						2,158						23,138
Other income, net (a)			40,779						19,491						60,270						23,146						7,707						30,853
Segment income			$	10,689					$	85,792					$	96,481					$	53,886					$	113,740					$	167,626
less: Corporate expenses															42,590																		34,119
Income before income taxes															$	53,891																	$	133,507

(a) Other income, net for each reportable segment includes:

Agribusiness - property insurance recoveries, interest income, patronage income, amongst other items.

Renewables - interest income, patronage income, a gain on the deconsolidation of the ELEMENT joint venture, amongst other items

			Three months ended September 30, 2025																								Three months ended September 30, 2024
(in thousands)			Agribusiness						Renewables						Other						Total						Agribusiness						Renewables						Other						Total
Depreciation and amortization (a)			$	19,941					$	12,096					$	610					$	32,647					$	17,522					$	11,942					$	944					$	30,408
Purchases of property, plant and equipment and capitalized software			50,915						12,168						3,751						66,834						20,753						16,278						810						37,841
Interest income (b)			1,536						360						—						1,896						6,609						1,532						—						8,141

(a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations.

(b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations.

			Nine months ended September 30, 2025																								Nine months ended September 30, 2024
(in thousands)			Agribusiness						Renewables						Other						Total						Agribusiness						Renewables						Other						Total
Depreciation and amortization (a)			$	62,025					$	36,005					$	2,028					$	100,058					$	51,849					$	35,626					$	4,151					$	91,626
Purchases of property, plant and equipment and capitalized software			125,068						32,904						4,238						162,210						51,427						38,774						3,029						93,230
Interest income (b)			4,795						1,691						11						6,497						12,344						4,191						—						16,535

(a) Depreciation and amortization disclosed by reportable segment is included within both Cost of sales and merchandising revenues and Operating, administrative and general expenses within the Consolidated Statement of Operations.

(b) Interest income is recorded in Other income, net within the Consolidated Statement of Operations.

Long-Lived Assets by Segment

(in thousands)			September 30, 2025						December 31, 2024						September 30, 2024
Identifiable assets
Agribusiness			$	2,019,163					$	2,778,025					$	2,182,802
Renewables			597,605						680,546						692,189
Other			680,191						662,743						513,307
Total assets			$	3,296,959					$	4,121,314					$	3,388,298

Revenue from External Customers by Geographic Areas

			Three months ended September 30,												Nine months ended September 30,
(in thousands)			2025						2024						2025						2024
Revenues from external customers by geographic region
United States			$	1,925,074					$	1,862,383					$	6,483,366					$	5,920,605
Canada			117,812						107,481						387,228						366,200
Mexico			105,234						137,992						263,706						295,325
Other			529,592						513,132						1,338,379						1,552,280
Total			$	2,677,712					$	2,620,988					$	8,472,679					$	8,134,410

X

- Definition

Long-Lived Assets by Segment

+ References

No definition available.

+ Details

Name:	ande_LongLivedAssetsBySegmentTableTextBlock
Namespace Prefix:	ande_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration