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Earnings per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2012
Earnings per Common Share |
Computation of basic and diluted earnings per common share |
|  | For the Three Months ended |  | For the Nine Months ended |
|  | September 30, |  | September 30, |
|  | 2012 |  | 2011 |  | 2012 |  | 2011 |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to World Fuel |  | $ | 51,494 |  | $ | 52,655 |  | $ | 146,509 |  | $ | 143,967 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average common shares for basic earnings per common share |  | 71,216 |  | 70,939 |  | 71,128 |  | 70,593 |
Effect of dilutive securities |  | 600 |  | 648 |  | 663 |  | 822 |
Weighted average common shares for diluted earnings per common share |  | 71,816 |  | 71,587 |  | 71,791 |  | 71,415 |
Weighted average securities which are not included in the calculation of diluted earnings per common share because their impact is anti-dilutive or their performance conditions have not been met |  | 452 |  | 119 |  | 307 |  | 85 |
Basic earnings per common share |  | $ | 0.72 |  | $ | 0.74 |  | $ | 2.06 |  | $ | 2.04 |
Diluted earnings per common share |  | $ | 0.72 |  | $ | 0.74 |  | $ | 2.04 |  | $ | 2.02

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- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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