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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue $ 9,479,055 $ 7,079,406
Cost of revenue 9,321,820 6,942,638
Gross profit 157,235 136,768
Operating expenses:    
Compensation and employee benefits 54,527 47,069
Provision for bad debt 141 796
General and administrative 43,311 33,378
Total operating expenses 97,979 81,243
Income from operations 59,256 55,525
Non-operating expenses, net:    
Interest expense and other financing costs, net (4,661) (2,525)
Other income (expense), net 566 (928)
Total non-operating expenses, net (4,095) (3,453)
Income before income taxes 55,161 52,072
Provision for income taxes 6,615 10,415
Net income including noncontrolling interest 48,546 41,657
Net income attributable to noncontrolling interest 2,131 548
Net income attributable to World Fuel 46,415 41,109
Basic earnings per common share (in dollars per share) $ 0.65 $ 0.59
Basic weighted average common shares (in shares) 70,998 69,970
Diluted earnings per common share (in dollars per share) $ 0.65 $ 0.58
Diluted weighted average common shares (in shares) 71,774 70,982
Comprehensive income:    
Net income including noncontrolling interest 48,546 41,657
Other comprehensive income:    
Foreign currency translation adjustment 2,807 701
Comprehensive income including noncontrolling interest 51,353 42,358
Comprehensive income attributable to noncontrolling interest 2,131 548
Comprehensive income attributable to World Fuel $ 49,222 $ 41,810