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Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings per Common Share

Computation of basic and diluted earnings per common share

The following table sets forth the computation of basic and diluted earnings per common share for the periods presented (in thousands, except per share amounts):

		For the Three Months ended
		March 31,
		2013			2012
Numerator:
Net income attributable to World Fuel		$	48,725		$	46,415
Denominator:
Weighted average common shares for basic earnings per common share		71,288			70,998
Effect of dilutive securities		711			776
Weighted average common shares for diluted earnings per common share		71,999			71,774
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		763			54
Basic earnings per common share		$	0.68		$	0.65
Diluted earnings per common share		$	0.68		$	0.65

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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

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