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Earnings per Common Share (Tables) | 6 Months Ended
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Jun. 30, 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 |  | For the Six Months ended |
|  | June 30, |  | June 30, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to World Fuel |  | $ | 51,016 |  | $ | 48,600 |  | $ | 99,741 |  | $ | 95,015 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average common shares for basic earnings per common share |  | 71,516 |  | 71,173 |  | 71,483 |  | 71,083 |
Effect of dilutive securities |  | 502 |  | 594 |  | 616 |  | 690 |
Weighted average common shares for diluted earnings per common share |  | 72,018 |  | 71,767 |  | 72,099 |  | 71,773 |
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 |  | 468 |  | 774 |  | 461 |  | 422 |
Basic earnings per common share |  | $ | 0.71 |  | $ | 0.68 |  | $ | 1.40 |  | $ | 1.34 |
Diluted earnings per common share |  | $ | 0.71 |  | $ | 0.68 |  | $ | 1.38 |  | $ | 1.32 |

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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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