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Earnings per Common Share | 9 Months Ended
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Sep. 30, 2014
Earnings per Common Share |
Earnings per Common Share | 6.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,
|  | 2014 |  | 2013 |  | 2014 |  | 2013
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to World Fuel |  | $ | 55,660 |  | $ | 51,472 |  | $ | 154,613 |  | $ | 151,213
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares for basic earnings per common share |  |  | 70,796 |  |  | 71,371 |  |  | 70,770 |  |  | 71,387
Effect of dilutive securities |  |  | 550 |  |  | 506 |  |  | 570 |  |  | 583
Weighted average common shares for diluted earnings per common share |  |  | 71,346 |  |  | 71,877 |  |  | 71,340 |  |  | 71,970
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 |  |  | 782 |  |  | 457 |  |  | 785 |  |  | 455
Basic earnings per common share |  | $ | 0.79 |  | $ | 0.72 |  | $ | 2.18 |  | $ | 2.12
Diluted earnings per common share |  | $ | 0.78 |  | $ | 0.72 |  | $ | 2.17 |  | $ | 2.10

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