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Summary Quarterly Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Summary Quarterly Information (Unaudited)  
Summary Quarterly Information (Unaudited)

The following is a summary of the unaudited quarterly results for 2013 and 2012 (in thousands, except earnings per share data):

 
  March 31,
2013

  June 30,
2013

  September 30,
2013

  December 31,
2013

 
   

Revenue

  $ 10,184,029   $ 10,479,604   $ 10,493,661   $ 10,404,653  
   

Gross profit

  $ 182,379   $ 188,458   $ 186,341   $ 195,580  
   

Net income including noncontrolling interest

  $ 51,111   $ 52,357   $ 50,297   $ 53,395  
   

Net income attributable to World Fuel

  $ 48,725   $ 51,016   $ 51,472   $ 51,862  
   

Basic earnings per common share (2)

  $ 0.68   $ 0.71   $ 0.72   $ 0.73  
   

Diluted earnings per common share (2)

  $ 0.68   $ 0.71   $ 0.72   $ 0.73  
   

 
  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 (2)

  $ 0.65   $ 0.68   $ 0.72   $ 0.60  
   

Diluted earnings per common share (2)

  $ 0.65   $ 0.68   $ 0.72   $ 0.60  
   
(1)
Includes the CarterEnergy business operations since September 1, 2012 as a result of the acquisition.

(2)
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 and diluted earnings per share amounts reported.