Summary Quarterly Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

The following is a summary of the unaudited quarterly results for 2012 and 2011 (in thousands, except earnings per share data):

	March 31, 2012		June 30, 2012		September 30, 2012 (1)		December 31, 2012 (1)


Revenue	$	9,479,055	$	9,618,797	$	9,911,673	$	9,935,813

Gross profit	$	157,235	$	172,123	$	180,752	$	163,337

Net income including noncontrolling interest	$	48,546	$	54,882	$	52,898	$	45,025

Net income attributable to World Fuel	$	46,415	$	48,600	$	51,494	$	42,836

Basic earnings per common share (4)	$	0.65	$	0.68	$	0.72	$	0.60

Diluted earnings per common share (4)	$	0.65	$	0.68	$	0.72	$	0.60

	March 31, 2011 (2)		June 30, 2011 (2)(3)		September 30, 2011 (2)(3)		December 31, 2011 (2)(3)


Revenue	$	7,079,406	$	8,708,709	$	9,510,792	$	9,323,947

Gross profit	$	136,768	$	165,102	$	170,847	$	162,286

Net income including noncontrolling interest	$	41,657	$	50,673	$	53,842	$	53,030

Net income attributable to World Fuel	$	41,109	$	50,203	$	52,655	$	50,062

Basic earnings per common share	$	0.59	$	0.71	$	0.74	$	0.70

Diluted earnings per common share (4)	$	0.58	$	0.70	$	0.74	$	0.70

(1): Includes the CarterEnergy business operations since September 1, 2012 as a result of the acquisition.
(2): Includes NCS operations since March 1, 2011 as a result of the acquisition.
(3): Includes Ascent operations since April 1, 2011 as a result of the acquisition.
(4): Basic and diluted earnings per share are computed independently for each quarter and the full year based upon respective weighted average shares outstanding. Therefore, the sum of the quarterly basic and diluted earnings per share amounts may not equal the annual basic earnings per share amount reported.