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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2015
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,

 

    

2015

    

2014

 

2015

    

2014

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to World Fuel

 

$

49.6

 

$

55.7

 

$

135.1

 

$

154.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares for basic earnings per common share

 

 

70.0

 

 

70.8

 

 

70.5

 

 

70.8

Effect of dilutive securities

 

 

0.3

 

 

0.5

 

 

0.5

 

 

0.5

Weighted average common shares for diluted earnings per common share

 

 

70.3

 

 

71.3

 

 

71.0

 

 

71.3

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

1.5

 

 

0.8

 

 

1.0

 

 

0.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.71

 

$

0.79

 

$

1.92

 

$

2.18

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.71

 

$

0.78

 

$

1.90

 

$

2.17