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Earnings per Common Share
 3 Months Ended
Mar. 31, 2016
Earnings per Common Share  
Earnings per Common Share

8.Earnings per Common Share

 

The following table sets forth the computation of basic and diluted earnings per common share for the periods presented (in millions, except per share amounts):

 

 

 

 

 

 

 

 

 

 

For the Three Months ended

 

 

March 31,

 

    
2016

    
2015

Numerator:

 

 

 

 

 

 

Net income attributable to World Fuel

 

$
52.4

 

$
55.6

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average common shares for basic earnings per common share

 

 
69.5

 

 
70.7

Effect of dilutive securities

 

 
0.5

 

 
0.7

Weighted average common shares for diluted earnings per common share

 

 
70.0

 

 
71.4

 

 

 

 

 

 

 

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

 

 
0.9

 

 
0.9

 

 

 

 

 

 

 

Basic earnings per common share

 

$
0.75

 

$
0.79

 

 

 

 

 

 

 

Diluted earnings per common share

 

$
0.75

 

$
0.78