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Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings per Common Share

Computation of basic and diluted earnings per common share

		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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- 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

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