XML 17 R1.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 151,854$ 272,893
Accounts receivable, net2,166,7121,386,700
Inventories427,497211,526
Prepaid expenses99,71396,461
Transaction taxes receivable89,87655,125
Short-term derivative assets, net19,9527,686
Other current assets84,56237,476
Total current assets3,040,1662,067,867
Property and equipment, net89,49264,106
Goodwill343,480287,434
Identifiable intangible assets, net109,095117,726
Non-current other assets34,66329,317
Total assets3,616,8962,566,450
Current liabilities:  
Short-term debt18,26517,076
Accounts payable1,707,7051,131,228
Customer deposits86,78965,480
Transaction taxes payable83,35159,910
Short-term derivative liabilities, net5,1308,591
Accrued expenses and other current liabilities88,30276,199
Total current liabilities1,989,5421,358,484
Long-term debt274,49524,566
Non-current income tax liabilities, net50,48045,328
Other long-term liabilities6,49011,508
Total liabilities2,321,0071,439,886
Commitments and contingencies  
World Fuel shareholders' equity:  
Preferred stock, $1.00 par value; 100 shares authorized, none issued  
Common stock, $0.01 par value; 100,000 shares authorized, 71,126 and 69,602 issued and outstanding at September 30, 2011 and December 31, 2010, respectively711696
Capital in excess of par value499,424468,963
Retained earnings788,814652,796
Accumulated other comprehensive (loss) income(4,927)4,753
Total World Fuel shareholders' equity1,284,0221,127,208
Noncontrolling interest equity (deficit)11,867(644)
Total equity1,295,8891,126,564
Total liabilities and equity$ 3,616,896$ 2,566,450