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Summary Quarterly Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Summary Quarterly Information (Unaudited)

The following is a summary of the unaudited quarterly results for 2020 and 2019 (in millions, except earnings per share data):


	March 31,		June 30,		September 30,		December 31,
	2020		2020		2020		2020
Revenue	$	8,015.2	$	3,158.3	$	4,482.7	$	4,702.1
Gross profit	$	258.7	$	213.9	$	214.0	$	165.2
Net income (loss) including noncontrolling interest	$	41.6	$	(10.7)	$	82.4	$	(3.8)
Net income (loss) attributable to World Fuel	$	41.4	$	(10.2)	$	82.0	$	(3.6)
Basic earnings (loss) per common share (1)	$	0.64	$	(0.16)	$	1.29	$	(0.06)
Diluted earnings (loss) per common share (1)	$	0.63	$	(0.16)	$	1.29	$	(0.06)


	March 31,		June 30,		September 30,		December 31,
	2019		2019		2019		2019
Revenue	$	8,678.8	$	9,459.4	$	9,322.7	$	9,358.1
Gross profit	$	251.1	$	268.6	$	305.7	$	286.6
Net income including noncontrolling interest	$	37.3	$	37.6	$	49.4	$	56.8
Net income attributable to World Fuel	$	37.2	$	37.0	$	48.2	$	56.5
Basic earnings per common share (1)	$	0.55	$	0.56	$	0.74	$	0.86
Diluted earnings per common share (1)	$	0.55	$	0.55	$	0.73	$	0.86

(1) Basic and diluted earnings (loss) 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.