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Earnings per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2014
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, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to World Fuel |  | $ | 48,226 |  | $ | 51,016 |  | $ | 98,953 |  | $ | 99,741 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average common shares for basic earnings per common share |  | 70,842 |  | 71,516 |  | 70,768 |  | 71,483 |
Effect of dilutive securities |  | 577 |  | 502 |  | 612 |  | 616 |
Weighted average common shares for diluted earnings per common share |  | 71,419 |  | 72,018 |  | 71,380 |  | 72,099 |
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 |  | 660 |  | 468 |  | 655 |  | 461 |
Basic earnings per common share |  | $ | 0.68 |  | $ | 0.71 |  | $ | 1.40 |  | $ | 1.40 |
Diluted earnings per common share |  | $ | 0.68 |  | $ | 0.71 |  | $ | 1.39 |  | $ | 1.38 |

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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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