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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Consolidated Statements of Income and Comprehensive Income        
Revenue $ 8,496.4 $ 11,342.5 $ 15,837.1 $ 21,893.4
Cost of revenue 8,306.0 11,151.0 15,431.3 21,513.9
Gross profit 190.4 191.5 405.8 379.5
Operating expenses:        
Compensation and employee benefits 87.5 77.4 176.2 148.4
Provision for bad debt 2.3 1.2 3.6 2.3
General and administrative 59.0 53.1 113.0 104.7
Total operating expenses 148.8 131.7 292.8 255.4
Income from operations 41.6 59.8 113.0 124.1
Non-operating expenses, net:        
Interest expense and other financing costs, net (6.4) (4.7) (13.7) (9.0)
Other (expense) income, net (1.6) 1.5 (1.3) 3.3
Total non-operating expenses, net (8.0) (3.2) (15.0) (5.7)
Income before income taxes 33.6 56.6 98.0 118.4
Provision for income taxes 5.2 10.2 15.1 21.5
Net income including noncontrolling interest 28.4 46.4 82.9 96.9
Net loss attributable to noncontrolling interest (1.5) (1.8) (2.6) (2.1)
Net income attributable to World Fuel $ 29.9 $ 48.2 $ 85.5 $ 99.0
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.68 $ 1.21 $ 1.40
Basic weighted average common shares (in shares) 70.7 70.8 70.7 70.8
Diluted earnings per common share (in dollars per share) $ 0.42 $ 0.68 $ 1.20 $ 1.39
Diluted weighted average common shares (in shares) 71.2 71.4 71.3 71.4
Comprehensive income:        
Net income including noncontrolling interest $ 28.4 $ 46.4 $ 82.9 $ 96.9
Other comprehensive income (loss):        
Foreign currency translation adjustments 22.0 5.4 (11.8) 8.9
Other comprehensive income (loss) 22.0 5.4 (11.8) 8.9
Comprehensive income including noncontrolling interest 50.4 51.8 71.1 105.8
Comprehensive loss attributable to noncontrolling interest (1.2) (1.8) (0.1) (2.1)
Comprehensive income attributable to World Fuel $ 51.6 $ 53.6 $ 71.2 $ 107.9