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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Consolidated Statements of Income and Comprehensive Income        
Revenue $ 10,479,604 $ 9,618,797 $ 20,663,633 $ 19,097,852
Cost of revenue 10,291,146 9,446,674 20,292,796 18,768,494
Gross profit 188,458 172,123 370,837 329,358
Operating expenses:        
Compensation and employee benefits 72,745 56,183 142,174 110,710
Provision for bad debt 2,709 641 3,812 782
General and administrative 44,268 42,941 89,174 86,252
Total operating expenses 119,722 99,765 235,160 197,744
Income from operations 68,736 72,358 135,677 131,614
Non-operating expenses, net:        
Interest expense and other financing costs, net (4,579) (5,437) (8,238) (10,098)
Other (expense) income, net (192) (88) (72) 478
Total non-operating expenses, net (4,771) (5,525) (8,310) (9,620)
Income before income taxes 63,965 66,833 127,367 121,994
Provision for income taxes 11,608 11,951 23,899 18,566
Net income including noncontrolling interest 52,357 54,882 103,468 103,428
Net income attributable to noncontrolling interest 1,341 6,282 3,727 8,413
Net income attributable to World Fuel 51,016 48,600 99,741 95,015
Basic earnings per common share (in dollars per share) $ 0.71 $ 0.68 $ 1.40 $ 1.34
Basic weighted average common shares (in shares) 71,516 71,173 71,483 71,083
Diluted earnings per common share (in dollars per share) $ 0.71 $ 0.68 $ 1.38 $ 1.32
Diluted weighted average common shares (in shares) 72,018 71,767 72,099 71,773
Comprehensive income:        
Net income including noncontrolling interest 52,357 54,882 103,468 103,428
Other comprehensive income:        
Foreign currency translation adjustments (10,205) (10,886) (9,096) (8,079)
Cash flow hedges, net of income taxes of $2 and $23 for the three and six months ended June 30, 2013, respectively (6)   (75)  
Other comprehensive loss (10,211) (10,886) (9,171) (8,079)
Comprehensive income including noncontrolling interest 42,146 43,996 94,297 95,349
Comprehensive income attributable to noncontrolling interest 1,341 6,282 3,727 8,413
Comprehensive income attributable to World Fuel $ 40,805 $ 37,714 $ 90,570 $ 86,936