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Earnings per Common Share (Tables) | 9 Months Ended
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Sep. 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 Nine Months ended |
|  | September 30, |  | September 30, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to World Fuel |  | $ | 51,472 |  | $ | 51,494 |  | $ | 151,213 |  | $ | 146,509 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average common shares for basic earnings per common share |  | 71,371 |  | 71,216 |  | 71,387 |  | 71,128 |
Effect of dilutive securities |  | 506 |  | 600 |  | 583 |  | 663 |
Weighted average common shares for diluted earnings per common share |  | 71,877 |  | 71,816 |  | 71,970 |  | 71,791 |
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 |  | 457 |  | 452 |  | 455 |  | 307 |
Basic earnings per common share |  | $ | 0.72 |  | $ | 0.72 |  | $ | 2.12 |  | $ | 2.06 |
Diluted earnings per common share |  | $ | 0.72 |  | $ | 0.72 |  | $ | 2.10 |  | $ | 2.04 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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