v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Current assets:      
Cash and cash equivalents $ 140,771 $ 216,444 $ 216,874
Accounts receivable, net 990,531 835,180 735,349
Inventories 1,556,426 1,814,538 1,017,804
Commodity derivative assets – current 502,097 410,813 409,647
Current assets held-for-sale 0 20,885 26,561
Other current assets 75,402 74,468 92,159
Total current assets 3,265,227 3,372,328 2,498,394
Other assets:      
Goodwill 129,342 129,342 129,342
Other intangible assets, net 99,317 117,137 118,690
Right of use assets, net 59,146 52,146 50,270
Other assets held-for-sale (Note 14) 0 43,169 38,863
Other assets, net 99,650 69,068 74,923
Total other assets 387,455 410,862 412,088
Property, plant and equipment, net 765,939 786,029 797,660
Total assets 4,418,621 4,569,219 3,708,142
Current liabilities:      
Short-term debt 652,947 501,792 281,199
Trade and other payables 930,027 1,199,324 825,923
Customer prepayments and deferred revenue 258,828 358,119 147,225
Commodity derivative liabilities – current 137,168 128,911 78,702
Current maturities of long-term debt 112,029 32,256 106,255
Accrued taxes 23,439 37,668 97,215
Current liabilities held-for-sale (Note 14) 0 13,379 13,427
Accrued expenses and other current liabilities 206,069 192,480 173,215
Total current liabilities 2,320,507 2,463,929 1,723,161
Long-term lease liabilities 34,779 31,322 31,332
Long-term debt, less current maturities 497,988 600,487 542,821
Deferred income taxes 59,079 71,127 79,636
Other long-term liabilities held-for-sale (Note 14) 0 16,119 13,592
Other long-term liabilities 79,727 78,531 81,587
Total liabilities 2,992,080 3,261,515 2,472,129
Commitments and contingencies
Shareholders’ equity:      
Common shares, without par value (63,000 shares authorized; 34,064, 33,870 and 33,786 shares issued at 9/30/2022, 12/31/2021 and 9/30/2021, respectively) 142 140 140
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0 0
Additional paid-in-capital 381,728 368,595 360,159
Treasury shares, at cost (293, 11 and 110 shares at 9/30/2022, 12/31/2021 and 9/30/2021, respectively) (9,991) (263) (2,611)
Accumulated other comprehensive income (loss) 15,850 1,194 (3,406)
Retained earnings 806,186 702,759 679,154
Total shareholders’ equity of The Andersons, Inc. 1,193,915 1,072,425 1,033,436
Noncontrolling interests 232,626 235,279 202,577
Total equity 1,426,541 1,307,704 1,236,013
Total liabilities and equity $ 4,418,621 $ 4,569,219 $ 3,708,142